Press Releases

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Source: AeroVironment Inc.

DARPA Awards AeroVironment Phase II Contract Extension for Nano Air Vehicle Development Program

July 01, 2009
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.

AeroVironment Receives Order for Third Global Observer Aircraft under JCTD Program

June 03, 2009
Option Exercise for Aircraft and Additional Items Builds on Successful Program Milestones, Resulting in Total Program Funding of More Than $120 Million   -> View More
Source: AeroVironment Inc.

AeroVironment Unveils EV Solutions at EVS-24

May 13, 2009
New Portfolio Offers Total Infrastructure Solutions for Practical Use of On-Road Electric Vehicles

AT EVS-24, STAVANGER, NORWAY, May 13, 2009 -- AeroVironment, Inc. (AV), (NASDAQ: AVAV), joint-developer of the GM Impact, the world's first modern all-electric car, and the record-setting solar-powered GM Sunraycer, today unveiled its portfolio of EV Solutions for electric vehicles that offers a total infrastructure approach to enable the practical use of on-road electric vehicles.   -> View More
Source: AeroVironment Inc.

Mayor Adrian M. Fenty Announces Partnership with Nissan North America and AeroVironment

May 07, 2009
Washington, D.C. -- Mayor Fenty along with District Department of Transportation Director Gabe Klein, other District officials, and senior representatives from leading automotive company, Nissan North America, and AeroVironment, an industry expert in battery and charging systems, announced today a partnership that could bring hundreds of Electric Vehicles (EVs) and charging stations to the District.   -> View More
Source: AeroVironment Inc.

AV’s Raven Small UAS Achieves 30-Hour Persistent Surveillance in Demonstration with U.S. Army

April 01, 2009
MONROVIA, Calif., April 1, 2009 - The U.S. Army Product Manager for Small Unmanned Aircraft Systems (SUAS) and AeroVironment, Inc. (NASDAQ: AVAV) recently conducted a continuous 30-hour demonstration of persistent surveillance of a point target using AV's RQ-11B Raven® small unmanned aircraft system. The demonstration at Camp Roberts, Calif. followed an inquiry from Pentagon officials regarding the potential for AV's Raven small UAS to perform low-cost, tactically relevant persistent surveillance.   -> View More
Source: AeroVironment Inc.

AeroVironment Launches Production of Its New Digital Data Link with $16.8 Million Order

February 09, 2009
MONROVIA, Calif., Feb. 9, 2009 - AeroVironment, Inc. (AV) (NASDAQ: AVAV) has received an order from the U.S. Army valued at $16,758,776 for the production of 50 new Raven® (RQ-11B) unmanned aircraft systems (UAS) equipped with AV's Digital Data Link (DDL). Announced by the U.S. Army on January 22, 2009, this production order was issued under an existing contract and includes initial spares packages and DDL retrofit kits for 206 existing Raven® systems. The introduction of AV's DDL follows several years of internally funded research and development in addition to a $7.6 million contract awarded in October 2008 for the completion of R&D activities.   -> View More
Source: AeroVironment Inc.

AeroVironment Awarded $41.7 Million Contract Option for Raven® Small Unmanned Aircraft Systems and Support Services

February 04, 2009
MONROVIA, Calif., Feb. 4, 2009 - AeroVironment, Inc. (AV) (NASDAQ: AVAV) today announced that the U.S. Army has ordered additional RQ-11B Raven® small unmanned aircraft systems (UAS) and associated services for its fiscal year 2009 requirements by the exercise of an option under an existing contract. Each Raven® system typically consists of three aircraft, two ground control stations, and spares. The aggregate order value is $41.7 million and is fully funded.   -> View More
Source: AeroVironment Inc.

AeroVironment's Raven Small Unmanned Aircraft System Receives Military Aircraft Type-Classification Certificate from the Italian Ministry of Defense

December 15, 2008
MONROVIA, Calif., Dec. 15, 2008 - AeroVironment, Inc. (AV) (NASDAQ: AVAV) today announced that the General Directorate for Aircraft Weapon Systems (MoD - Italy) has issued a Military Aircraft Type-Classification Certificate for the Raven B unmanned aircraft system, the first such certificate issued in Italy in the Micro-Unmanned Aerial Vehicle category. This certificate permits Italian military personnel to fly Raven in Italy's national airspace.   -> View More
Source: AeroVironment Inc.

AeroVironment Receives $4.6 Million in DARPA Funding to Develop Stealthy, Persistent, Perch and Stare UAS Based on Wasp

August 20, 2008
MONROVIA, Calif., August 20, 2008 -- AeroVironment, Inc. (AV) (NASDAQ: AVAV) announces the receipt of $4.6 million in funding from the Defense Advanced Research Projects Agency (DARPA) to develop a small Unmanned Aircraft System (UAS) capable of performing "hover/perch and stare" missions. The Stealthy, Persistent, Perch and Stare (SP2S) UAS is based on AV's small Wasp UAS, a one-pound, 29-inch wingspan battery-powered air vehicle that is being procured and deployed by both the U.S. Air Force and the U.S. Marine Corps.   -> View More
Source: AeroVironment Inc.

AeroVironment Awarded U.S. Special Operations Command All Environment Capable Variant Small UAS Contract

July 02, 2008
MONROVIA, Calif., July 2, 2008 - AeroVironment, Inc. (AV) (NASDAQ; AVAV) today announced the U.S. Special Operations Command (USSOCOM) has selected Puma AE as its All Environment Capable Variant (AECV) solution to the Small Unmanned Aircraft System (UAS) requirement. The one-year Indefinite Delivery Indefinite Quantity (IDIQ) contract, with four one-year options, has a maximum value of $200,000,000, and provides for the purchase of aircraft, ground control systems, spares, repairs and training under a combination firm fixed-price, cost-plus-fixed-fee and cost reimbursable arrangement. The initial delivery order is valued at $6 million and is fully funded.   -> View More
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