Press Releases

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Source: AeroVironment Inc. MONROVIA, Calif.--(BUSINESS WIRE)--Aug. 17, 2007--AeroVironment, Inc. (AV) (NASDAQ: AVAV), a leader in unmanned aircraft systems and efficient electric energy systems, today announced that John Kim, former Ryder Transportation and Logistics Director of National Sales, has joined its PosiCharge Systems management team as Director of Sales.   -> View More

Source: AeroVironment Inc. WASHINGTON, At AUVSI North America, Aug. 6, 2007 - AeroVironment, Inc. (AV) (NASDAQ: AVAV), a leader in unmanned aircraft systems and efficient electric energy systems, today announced that the U.S. Air Force has recently taken delivery of its initial BATMAV micro unmanned aircraft systems (UAS), which include the Wasp III air vehicle, as planned under the Air Force Beyond Line of Site (BLOS) program. AV received the BATMAV, or Battlefield Air Tactical Micro Air Vehicle, award in December 2006 after competing against a number of candidate systems. AV recently received orders for 30 systems through the program's indefinite delivery/indefinite quantity (IDIQ) contract which provides for purchases of up to $45 million over a period of five years.   -> View More

Source: AeroVironment Inc. MONROVIA, CA., July 25, 2007 -- AeroVironment, Inc. (AV) (NASDAQ: AVAV), a leader in unmanned aircraft systems and efficient energy systems, today announced that U.S. Navy Rear Admiral, Daniel H. Stone, has joined the company as vice president of its Unmanned Aircraft Systems (UAS) logisitics operation. AV's logistics operation supports all of the company's globally deployed small UAS, including Raven, Dragon Eye, Wasp and Puma.   -> View More

Source: AeroVironment Inc. MONROVIA, Calif.--(BUSINESS WIRE)--May 30, 2007--AeroVironment (AV) (NASDAQ:AVAV), a leader in unmanned aircraft systems and efficient electric energy systems, today announced that it performed a fast charge demonstration of a lithium chemistry electric vehicle battery pack for representatives of the California Air Resources Board (CARB). The 35kWh (kilowatt-hour) battery pack, developed by Altair Nanotechnologies (NASDAQ:ALTI), is designed for use in the Phoenix Motorcar Sport Utility Truck. This battery pack is designed to allow the truck to travel more than 100 miles on a single charge. The test, conducted by engineers at AV's Monrovia, California Energy Technology Center, was a milestone in battery fast charging, demonstrating the capability of fully charging the pack in less than ten minutes.   -> View More

Source: AeroVironment Inc. DETROIT & MONROVIA, Calif.--April 5, 2006--PosiCharge®, an AeroVironment, Inc. business (www.avinc.com), has won two awards at the 2006 Automotive News PACE Awards. The 12th Annual PACE (Premier Automotive Suppliers' Contribution to Excellence) Awards held in Detroit, Mich. April 3 honored innovators in the automotive supply chain.

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Source: AeroVironment Inc. MONROVIA, Calif., March 31 2005: PosiCharge®, the industrial fast charger division of AeroVironment, today announced that Del Monte Foods has chosen the company as the sole supplier for its multi-facility fast charge deployment to convert internal combustion forklifts to electric at selected facilities. The multi-year conversion program will eliminate battery changing rooms at applicable facilities as well as improve productivity and reduce operating costs.   -> View More

Source: AeroVironment Inc. DEARBORN, March 29, 2005 (FCN) -- Better air quality in the plants and less noise are just two of the benefits employees will realize as North American plants switch from combustion engine forklifts and tow motors to all electrically powered vehicles. Other advantages of the change include space savings in the plants and an estimated $5 million savings to the company's bottom line each year said Roger Tenney, manager, Industrial Vehicle Strategy and Engineering.   -> View More

Source: AeroVironment Inc. CHICAGO , At ProMat 2005, Jan. 10, 2005 - PosiCharge®, the industrial fast charger division of AeroVironment, today announced that Ford Motor Company has selected the company for its system-wide deployment of fast charge technology throughout its manufacturing operations. In the first phase, PosiCharge will facilitate the seamless replacement of all of Ford's internal combustion material handling vehicles with electric vehicles. As the rollout continues, PosiCharge will help Ford Motor Company to discontinue reliance on battery rooms.   -> View More

Source: AeroVironment Inc. LAS VEGAS and MONROVIA, Calif., Oct. 20, 2004 - SYSCO Food Services, longtime users of PosiCharge® fast charge systems for electric forklifts, today announced the results of its second independent fast-charge battery audit in 22 months. Both tests indicate that the batteries retained capacity well beyond standard fast-charge battery warranty expectations.   -> View More

Source: AeroVironment Inc. MONROVIA, Calif., June 2, 2004- CitiCapital, one of the top commercial finance companies in the United States, and PosiCharge® have entered into a multi-year program agreement to provide material handling finance solutions for new and existing PosiCharge customers.   -> View More

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