Press Releases

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Source: AeroVironment Inc. MONROVIA, Calif., April 12, 2011 -- AeroVironment, Inc. (NASDAQ:AVAV) announced that it received a firm-fixed-price contract order valued at $14,773,816 under an existing contract with the U.S. Army. The order comprises digital Raven® small unmanned aircraft systems (UAS) retrofit kits. Work is scheduled to be completed by December 2011.   -> View More

Source: AeroVironment Inc. • AeroVironment to provide comprehensive EV charging solution to support Dallas/Fort Worth EV drivers
• First fast charging station in Texas to be unveiled today
• NRG Energy and AeroVironment plan to install 70 “Freedom” Stations in the Dallas/Fort Worth area by the end of 2012

DALLAS, April 8, 2011 – AeroVironment, Inc. (AV) (NASDAQ: AVAV) today announced that it has joined forces with NRG Energy, Inc. (NYSE: NRG) to expand the privately funded, comprehensive eVgoSM electric vehicle (EV) charging “ecosystem” launched first in Houston to EV drivers in the Dallas/Fort Worth (DFW) market, the fourth-largest metropolitan area by population in America. The ecosystem is an integrated network of charging products, services and payment plans that helps make EVs practical for drivers. NRG selected AeroVironment to provide home and public charging systems, installation services, energy usage monitoring and payment and subscription solutions in support of the Houston and DFW ecosystems. The companies plan to inaugurate the DFW expansion today at a ribbon-cutting event in Dallas hosted by NRG’s president and CEO David Crane and featuring AeroVironment’s chairman and CEO Tim Conver.   -> View More

Source: AeroVironment Inc. • No injuries or damage to other property reported during envelope expansion flight testing
• Investigation Board will be convened to probe cause and provide details of mishap

MONROVIA, Calif., April 1, 2011 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) today announced that the Global Observer unmanned air vehicle undergoing flight test envelope expansion at Edwards Air Force Base (EAFB) in California experienced a mishap at 2:30 am Pacific Daylight Time today, approximately 18 hours into its ninth test flight. There are no reports of injury or damage to other property.   -> View More

Source: AeroVironment Inc. • AV to partner with Hawaiian Electric Company, University of Hawaii at Manoa and Hawaii Automobile Dealers Association
• Program includes deploying electric vehicle infrastructure statewide, collecting and analyzing charging data to study impact on electricity distribution and providing public outreach and educational programs to promote EV growth

HONOLULU, First Hawaiian International Auto Show, March 18, 2011 – Hawaii Lt. Governor Brian Schatz today announced that AeroVironment (NASDAQ: AVAV) has been selected to help lead the way to a cleaner transportation future through an $820,000 contract from the Hawaii EV Ready Grants Program. The contract will fund the deployment of up to 320 AeroVironment 240-volt electric vehicle (EV) charging docks throughout the islands. Once deployment is completed, Hawaii will have one of the nation’s first statewide public charging networks supporting electric vehicle drivers.   -> View More

Source: AeroVironment Inc. • Two-wing, Flapping Aircraft Hovers and Flies in Any Direction
• Total Weight of Two-thirds of an Ounce Includes Batteries and Video Camera

WASHINGTON, at AAAS Conference, Feb. 17, 2011 -- AeroVironment, Inc. (AV)(NASDAQ: AVAV) today announced it has accomplished a technical milestone never before achieved -- controlled precision hovering and fast-forward flight of a two-wing, flapping wing aircraft that carries its own energy source, and uses only the flapping wings for propulsion and control.   -> View More

Source: AeroVironment Inc. • Chargers wirelessly communicate with grid to create "smart refueling" hubs
• Open architecture ensures interoperability with utility systems nationwide

MONROVIA, Calif., Feb. 14, 2011 -- AeroVironment (NASDAQ: AVAV) today announced that it has begun shipping and installing its UL-listed single-family and multi-unit residential Smart Charging Dock (model EVSE-RS+). Designed with an open architecture to ensure interoperability with the thousands of individual utilities nationwide, the grid-connected system charges electric and plug-in electric hybrid cars by turning drivers' homes into convenient, smart refueling hubs.   -> View More

Source: AeroVironment Inc. Milbank Manufacturing Selects AeroVironment's Electric Vehicle Charging Solutions for National Distribution Program to Expand Charging Infrastructure

• Partnership extends EV charging infrastructure throughout the United States
• Provides access to AeroVironment EV charging solutions for major home improvement retailers serviced by Milbank
• Distribution network agreement includes formal training program for electrical contractors installing AeroVironment's products

SAN DIEGO, Calif., DistribuTECH, Feb. 1, 2011 -- Milbank Manufacturing Co. of Kansas City, Mo., announced today that it has selected AeroVironment, Inc. (AV)(NASDAQ: AVAV) of Monrovia, Calif., to provide AV's electric vehicle (EV) charging stations to its customers -- including utilities, developers, contractors, businesses, and consumers -- through Milbank's nationwide distribution network. The partnership enhances Milbank's PowerGen® line of renewable power solutions and furthers the expansion of EV charging infrastructure throughout the United States.   -> View More

Source: AeroVironment Inc. MONROVIA, Calif., Jan. 31, 2011 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) announced that it received a firm fixed-price order valued at $7,800,003 under an existing contract with the U.S. Army on January 25, 2011. The order comprises 919 digital module upgrade kits for the U.S. Marine Corps. The upgrade kits allow digital Raven unmanned aircraft systems (UAS) to operate using a different frequency band than provided by the stock configuration. Funding for this order was appropriated for RQ-11B Raven system procurement in the 2010 Department of Defense Appropriations Act, which was signed into law in December 2009. Work is scheduled to be completed by April 30, 2011.   -> View More

Source: AeroVironment Inc. Key Milestone Achieved for System Designed to Provide Persistent Communications and Surveillance at 20% of the Cost of Existing Solutions.

MONROVIA, Calif., Jan. 11, 2011 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) today announced that the Global Observer® unmanned aircraft system has successfully completed its historic first flight powered by the aircraft's hydrogen-fueled propulsion system at Edwards Air Force Base (EAFB) in California. This milestone marks the beginning of high altitude, long endurance flight testing for the demonstration and operational utility phase of the Joint Capability Technology Demonstration (JCTD) program.   -> View More

Source: AeroVironment Inc. MONROVIA, Calif., December 28, 2010 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) announced today that it received an order valued at $46,226,984 under an existing contract with the U.S. Army. The order comprises 123 new digital Raven® small unmanned aircraft systems (UAS) and initial spares packages as well as 186 digital retrofit kits for the U.S. Marine Corps. The order also includes 339 digital retrofit kits for the U.S. Army. The Raven system and retrofit order represents the remainder of the funds appropriated for RQ-11B Raven system procurement in the 2010 Department of Defense Appropriations Act, which was signed into law in December 2009.   -> View More

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