Press Releases

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Source: AeroVironment Inc. MONROVIA, Calif., March 31, 2010 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) today announced the resignation of Stephen C. Wright from his position as senior vice president and chief financial officer effective March 31, 2010. Wright is leaving AV to pursue other business opportunities.   -> View More

Source: AeroVironment Inc. AeroVironment Names John Grabowsky Chief Technology Officer and Tom Herring Senior Vice President/General Manager, Unmanned Aircraft Systems

MONROVIA, Calif., March 5, 2010 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) today appointed Tom Herring as senior vice president and general manager of AV's Unmanned Aircraft Systems (UAS) business segment and John Grabowsky as AV's first chief technology officer, a role that will span the company's UAS and Efficient Energy Systems (EES) business segments. Grabowsky previously served as executive vice president and general manager of UAS.   -> View More

Source: AeroVironment Inc. • AeroVironment Receives $37.9 Million in Orders for Digital Raven Unmanned Aircraft Systems, Digital Retrofit Kits, Support Services
• Orders Represent Initial Portion of Raven Funding from United States Department of Defense Fiscal 2010 Budget

MONROVIA, Calif., Feb. 23, 2010 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) announced that it received firm fixed-price orders valued at $20,731,992 for digital Raven; unmanned aircraft systems (UAS) and digital retrofit kits, and $17,141,648 for Raven system spare parts, repairs and training services for the U.S. Army and Marine Corps. The Raven system and retrofit order represents a portion of the $121 million appropriated for RQ-11 Raven system procurement in the 2010 Department of Defense Appropriations Act, which was signed into law in December 2009. The balance of government fiscal 2010 procurement funding that is anticipated to be converted into orders is proceeding through the procurement process. Typically the organizations responsible for administering this program retain a portion of approved funding to pay for program expenses and government furnished equipment.
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Source: AeroVironment Inc. AeroVironment Receives $23.9 Million Order for Army and Marine Corps Digital Raven Systems and Digital Upgrade Kits

MONROVIA, Calif., Dec. 21, 2009 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) today announced that it received a $23,926,917 firm fixed-price order under an existing contract. This contract modification comprises digital Raven systems and kits to upgrade existing analog Raven® systems currently being used by the U.S. Army and U.S. Marine Corps with AV's digital data link.   -> View More

Source: AeroVironment Inc. MONROVIA, Calif., Nov. 30, 2009 -- AeroVironment, Inc. (AV) (NASDAQ: AVAV) today announced that automotive lithium-ion battery maker EnerDel, a subsidiary of Ener1, Inc. (NASDAQ: HEV), will be using a portion of its recent federal stimulus grant to purchase eight AV advanced electric vehicle power cycling and test systems.   -> View More

Source: AeroVironment Inc. AeroVironment's Raven Small Unmanned Aircraft System Receives Military Aircraft Type-Classification Certificate from the Netherlands Military Aviation Authority Certification Permits Operation of Raven in Dutch National Airspace by the Military

MONROVIA, Calif., Nov. 3, 2009 - AeroVironment, Inc. (AV) (NASDAQ: AVAV) today announced that the Military Aviation Authority of the Netherlands (MLA-NLD) has issued a Military Type Certificate (MTC) for the Raven® B NLD MUAS, the first such certificate issued in the Netherlands in the Micro-Unmanned Aerial Vehicle category. This certificate permits Dutch military personnel to operate Raven systems in designated Dutch airspace.   -> View More

Source: AeroVironment Inc. Web-based System Solution for Industrial and Passenger Electric Vehicle Battery Optimization

MONROVIA, Calif., Aug. 10, 2009 -- AeroVironment, Inc. (AV) (NASDAQ: AVAV) has been granted a patent by the United States Patent and Trademark Office for technology that facilitates the optimal charging, management, control and maintenance of battery packs, chargers and electric vehicles (EVs). Patent No. 7,444,192 builds on AV's intellectual property portfolio in its Efficient Energy Systems business segment. This segment's products include PosiCharge® systems, the leading fast charge systems for electric vehicles.   -> View More

Source: AeroVironment Inc. Delivery of "AV-800" Marks the Introduction of 800 Kilowatt Testing Solution

MONROVIA, Calif., Aug 4, 2009 --" AeroVironment, Inc. (AV) (NASDAQ:AVAV) delivered its first AV-800 , a high-power, heavy-duty, near-megawatt scale electric vehicle (EV) test system to the U.S. Army Tank Automotive Research, Development and Engineering Center (TARDEC) in Warren, Michigan for advanced vehicle testing.   -> View More

Source: AeroVironment Inc. AV Achieves Technical Milestone: Controlled Hovering Flight of NAV UAS with Two Flapping Wings

MONROVIA, Calif., July 1, 2009 -- AeroVironment, Inc. (AV) (NASDAQ: AVAV) was awarded a Phase II contract extension in April from the Defense Advanced Research Projects Agency (DARPA) to design and build a flying prototype for the Nano Air Vehicle (NAV) program. As part of this program AV has accomplished a technical milestone never before achieved: the controlled hovering flight of an air vehicle system with two flapping wings that carries its own energy source and uses only the flapping wings for propulsion and control.   -> View More

Source: AeroVironment Inc. Option Exercise for Aircraft and Additional Items Builds on Successful Program Milestones, Resulting in Total Program Funding of More Than $120 Million   -> View More

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