Press Releases

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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

Source: AeroVironment Inc. • Seasoned Fortune 500 company legal executive with national security, international, engineering and energy markets expertise

MONROVIA, Calif., Aug. 7, 2013 – AeroVironment, Inc. (NASDAQ:AVAV) today announced that Douglas E. Scott has joined the company as senior vice president and general counsel.   -> View More

Source: AeroVironment Inc. • Puma is first-ever hand-launched unmanned aircraft system to be approved by FAA for commercial missions
• First-of-its-kind Restricted Category type rating permits commercial missions

MONROVIA, Calif., July 26, 2013 – AeroVironment, Inc. (NASDAQ:AVAV) today announced that on July 19, 2013 it received a “Restricted Category” rating for its Puma AE™ small unmanned aircraft system from the Federal Aviation Administration. The first-of-its-kind certificate permits operators to fly Puma for commercial missions, such as oil spill monitoring and ocean surveys, in the North Slope region of the Arctic.   -> View More

Source: AeroVironment Inc. • AeroVironment becomes Ford’s sole provider of turnkey charging station installation, warranty service and onsite support
• A 240-volt charger will cut charge time by more than half for Ford plug-in vehicles: C-MAX Energi, Fusion Energi and Focus Electric
• One-day installation and cash-and-carry purchase of Ford branded charging stations now available

MONROVIA, Calif., May 9, 2013 – AeroVironment, Inc. (NASDAQ: AVAV) today announced its selection by Ford Motor Company as the preferred installation partner and authorized charging station supplier for the Ford Focus Electric, C-MAX Energi and Fusion Energi plug-in electric vehicles. Ford plug-in customers can now purchase a Ford-approved 240-volt charger and schedule a turnkey professional installation with a single telephone call to AeroVironment at 1 (888) 219-6747. Soon customers will also have a web-based option for ordering their home charging package or purchasing their charging station.   -> View More

Source: AeroVironment Inc. • Experienced director with consumer, industrial and finance background
• Seasoned executive with deep management, functional and operational experience

MONROVIA, Calif., April 26, 2013– AeroVironment, Inc. (NASDAQ:AVAV) today announced that Stephen F. Page has been appointed to its board of directors, effective April 24, 2013. Page was also appointed to the board’s Audit Committee.   -> View More

Source: AeroVironment Inc. • Third order received since May 2012 for total of $46.1 million against projected $65.5 million contract action
• Procurement represents continued progress toward U.S. Army’s acquisition objective for Raven systems

MONROVIA, Calif., April 10, 2013– AeroVironment, Inc. (NASDAQ:AVAV) today announced it received $13,800,062 of incremental funding on March 30, 2013 from the United States Army for continued performance of a contract action with a not to exceed value of $65,538,759. The order includes RQ-11B Raven systems, new 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 July 25, 2013.   -> View More

Source: AeroVironment Inc. • Intelligent plug-in electric vehicle (PEV) charging technology controls charging rate based on grid conditions and aims to reduce electricity cost for plug-in vehicles.
• Grid-friendly PEV charging solution delivers benefits to grid operators and drivers

MONROVIA, Calif., March 6, 2013 - AeroVironment, Inc. (NASDAQ: AVAV) and the United States Department of Energy's Pacific Northwest National Laboratory (PNNL), managed by Battelle, today announced a commercial license agreement for a technology that supports widespread adoption of plug-in electric vehicles (PEVs) by helping to stabilize the electrical grid -- the network of electricity generation, transmission and distribution that powers the nation.   -> View More

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