Press Releases

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Source: AeroVironment Inc. • Three-phase development program aims to produce a low-cost, large-scale prototype vehicle

MONROVIA, Calif., Nov. 4, 2013 - AeroVironment, Inc. (NASDAQ:AVAV) announced that it has been selected by the Defense Advanced Research Projects Agency (DARPA) to provide its market-leading expertise in unmanned aircraft systems (UAS) toward the development of a new category of this technology. AeroVironment will work as the prime contractor with DARPA on the Tactically Exploited Reconnaissance Node (TERN) Program to develop a medium-altitude, long-endurance (MALE) UAS designed to operate from small ships to provide persistent intelligence, surveillance, and reconnaissance (ISR) capabilities. Sierra Nevada Corporation will subcontract to AeroVironment on the project, which is valued at $2.3 million   -> View More

Source: AeroVironment Inc. • Companies to explore creating new capabilities, expanding into new markets
• Combining expertise and skills to meet future needs of respective customers

WASHINGTON, at AUSA Annual Meeting, Oct. 23, 2013 – AeroVironment, Inc., (NASDAQ: AVAV) the world’s highest volume manufacturer of unmanned aircraft systems (UAS), and Eurocopter, the leading global helicopter manufacturer, today announced at the Association of the United States Army annual meeting that they have signed a cooperative agreement to explore opportunities for expanding their respective military and commercial product portfolios.   -> View More

Source: AeroVironment Inc. • Provides remote access to video and data from Digital Data Link (DDL) - enabled aircraft
• USB interface offers easy integration with Android, iOS and Windows devices

WASHINGTON, at the Association of the United States Army Annual Meeting, Oct. 22, 2013 - AeroVironment, Inc. (NASDAQ: AVAV) today unveiled its new Pocket DDL™ secure digital video and data receiver. The four-ounce device enables remote viewing of video and data from AeroVironment small unmanned aircraft systems (UAS) as well as from helicopters, airplanes, other unmanned aircraft and ground robots equipped with the company’s Digital Data Link.   -> View More

Source: AeroVironment Inc. • Extended flight duration provides for longer missions
• More powerful and efficient propulsion system
• Increased mission flexibility

WASHINGTON, at the Association of the United States Army Annual Meeting, Oct. 21, 2013 - AeroVironment, Inc. (NASDAQ: AVAV) today introduced a series of enhancements to the battle-proven RQ-20A Puma AE small unmanned aircraft system that include new features and capabilities.   -> View More

Source: AeroVironment Inc. • Competitive award provides for continued upgrading of U.S. Army Raven® unmanned aircraft systems
• Order coincides with the upcoming 10th anniversary of the first Raven delivery to the U.S. Army

MONROVIA, Calif., Oct. 2, 2013 -- AeroVironment, Inc. (NASDAQ:AVAV) today announced it has received an order from the U.S. Army for the company’s Mantis™ i23 gimbaled sensor payloads to continue upgrading the Army’s fleet of RQ-11B Raven unmanned aircraft systems (UAS). AeroVironment, which develops and produces advanced upgrades for its highly integrated UAS, such as Raven, was selected as the result of a competitive bid.   -> View More

Source: AeroVironment Inc. • Includes largest order to date for Switchblade tactical missile systems; exceeds value of all Switchblade orders for prior year
• Switchblade proving to be “an invaluable tool” in the field

MONROVIA, Calif., Sept. 9, 2013 – AeroVironment, Inc. (NASDAQ:AVAV) today announced it has received orders valued at $36,746,304 under a contract for Switchblade™ tactical missile systems, ancillary equipment and support. The United States Army Close Combat Weapons Systems Program Executive Office Missiles and Space (PEO MS) awarded these contract modifications. AeroVironment and its strategic teammate for advanced warheads, ATK (NYSE: ATK), will work together to produce and deliver the systems.   -> View More

Source: AeroVironment Inc. • Continued acquisition of new capability in constrained budget environment indicates high value and potential for further demand

MONROVIA, Calif., Aug. 28, 2013 -- AeroVironment, Inc. (NASDAQ:AVAV) announced that it has received a total of $15.8 million in orders under a contract for Switchblade™ tactical missile systems, ancillary equipment and support. The United States Army Close Combat Weapons Systems Program Executive Office Missiles and Space (PEO MS) awarded these contract options. AeroVironment and its strategic teammate for advanced warheads, ATK (NYSE: ATK), will continue to work together to produce and deliver the systems.   -> View More

Source: AeroVironment Inc. • AeroVironment turns 500e drivers’ garages into home “filling stations” with one-stop convenience including charging station, electrical installation and three-year warranty
• FIAT is the fifth major car manufacturer to choose AeroVironment as its preferred home electric refueling station provider
• AeroVironment has deployed more than 12,000 charging stations across North America

MONROVIA, Calif., Aug. 21, 2013 - FIAT® has selected AeroVironment, Inc. (NASDAQ:AVAV) as the preferred provider of home charging stations and installations for its all-new, all-electric Fiat 500e. FIAT is the fifth plug-in electric vehicle (EV) auto manufacturer to choose AeroVironment as its full-service home charging partner.   -> View More

Source: AeroVironment Inc. • Fourth and final order received for fiscal 2012 contract with total value of $59.6 million
• AeroVironment’s Mantis™ gimbaled sensor payloads dramatically improve troops’ capabilities as integrated element of Raven unmanned aircraft system

MONROVIA, Calif., Aug. 14, 2013– AeroVironment, Inc. (NASDAQ:AVAV) today announced that on August 13, 2013 the company received a $13,487,240 order from the United States Army. The order – the final portion of a contract valued at $59.6 million – includes RQ-11B Raven unmanned aircraft systems (UAS), miniature gimbaled payloads and initial spares packages, and is funded from the Army’s fiscal 2012 procurement budget. Delivery of systems, spares and payloads is scheduled for completion by September 15, 2013.   -> View More

Source: AeroVironment Inc. • Groundbreaking development in the evolution of small unmanned aircraft systems; advanced solar cells increase hand-launched Puma AE™ endurance by 350 percent
• Far-reaching implications for small UAS utility in military, public safety and commercial uses
• Alta Devices cutting-edge mobile power technology produces ample power with minimal added weight

WASHINGTON, At AUVSI, Aug. 12, 2013 – AeroVironment, Inc. (NASDAQ:AVAV) today announced that a recent outdoor test flight of a solar-powered prototype version of the company’s proven Puma AE™ small unmanned aircraft system (UAS), operating with the company’s newest long-endurance battery, lasted 9 hours, 11 minutes – significantly longer than the flight endurance of small UAS being used in the field today.   -> View More

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