Press Releases

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Source: AeroVironment Inc. • Largest order to date for newest AeroVironment small unmanned aircraft system
• Provides upgraded capabilities to lowest echelon of Marine Corps

MONROVIA, Calif., Jan. 23, 2013 -- AeroVironment, Inc. (NASDAQ: AVAV) today announced that NAVAIR's Program Office for Navy & Marine Corps Small Tactical Unmanned Aircraft Systems (PMA-263), working collaboratively with the United States Army's Counter-IED Program Office, awarded a contract on Sept. 21, 2012 for AeroVironment Wasp® AE small unmanned aircraft systems, initial spares packages, training services, and one year of contractor logistics support. The PMA / Army team worked jointly to award the contract to PAR® Government Systems Corporation, which in turn secured the systems and services from AeroVironment for a total value of $12,032,430. Delivery was scheduled to occur within four months of contract award.   -> View More

Source: AeroVironment Inc. • Indefinite Delivery/Indefinite Quantity contract valued at up to $248 million supports small UAS requirements through December 2017
• Contract supports continued procurement and support of small unmanned aircraft systems for Army

MONROVIA, Calif., Jan. 8, 2013 -- AeroVironment, Inc. (NASDAQ: AVAV) announced that the United States Army has selected it and four other companies to compete for future small UAS requirements under a new Firm Fixed-Price Indefinite Delivery Indefinite Quantity (IDIQ) contract with a $248 million maximum value. The contract will enable the continued procurement of AeroVironment's RQ-11B Raven and RQ-20A Puma AE systems as well as competing medium- and long-range small unmanned aircraft systems.   -> View More

Source: AeroVironment Inc. • AeroVironment™ secures exclusive rights to distribute larger, higher flying, longer endurance vertical takeoff and landing (VTOL) unmanned aircraft system (UAS) in United States, NATO and other countries
• AeroVironment will invest up to $3 million in CybAero convertible notes
• Agreement expands AeroVironment family of unmanned aircraft systems capabilities beyond hand-launched category to address market requirements

MONROVIA, Calif., Dec. 3, 2012 -- AeroVironment, Inc. (NASDAQ: AVAV) today announced it has entered into a strategic relationship with Sweden-based CybAero AB (NASDAQOMXS: CBA) to develop and distribute a Tier II vertical takeoff and landing (VTOL) unmanned aircraft system in response to unmet requirements from multiple customers. The relationship gives AeroVironment exclusive rights to provide CybAero AB systems to United States customers and to government customers in NATO and other countries. AeroVironment has agreed to purchase up to $3 million in convertible notes from CybAero to facilitate the company's growth.   -> View More

Source: AeroVironment Inc. • Latest in EVSE-RS home charging line plugs into a dedicated 240 Volt outlet for easy installation
• Secure installation allows for use at a vacation home, second home or seamless relocation to a new home
• Now available for immediate delivery at Amazon.com

MONROVIA, Calif., Oct. 15, 2012 -- AeroVironment, Inc. (NASDAQ: AVAV) today announced the expansion of its popular EVSE-RS home charging product line with the introduction of its new EVSE-RS Plug-In, which easily and securely plugs into a dedicated 240 volt outlet, eliminating the need to hardwire the charging station into the home. The station is SAE-J1772 compliant and recharges all battery electric vehicle (BEV) and plug-in hybrid vehicles (PHEV) incorporating the SAE standard.   -> View More

Source: AeroVironment Inc. • Total projected value of contract action is $65.9 million; $32.3 million in funding for orders received to date
• Payload integrates an electro-optical and infrared video sensor for improved tracking capabilities
• Modular payload compatible with existing RavenⓇ systems

MONROVIA, Calif., Sept. 5, 2012 -- AeroVironment, Inc. (NASDAQ:AVAV) today announced it received $16,472,298 in additional funding to perform on Aug. 10, 2012 from the United States Army under a contract action with a total projected value of $65,889,191. The company announced the initial $15.8 million funding of that contract action on June 1, 2012. The overall contract action 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 June 30, 2013.   -> View More

Source: AeroVironment Inc. **AeroVironment DC Fast Chargers Easily Accessible for Electric Vehicle Drivers**
• EV fast chargers accessible to the public at three convenient Aloha and Shell gas stations on Oahu
• Vehicles can fully charge in less than 30 minutes with fast chargers
• Free charging for EV owners for a limited time

HONOLULU, July 11, 2012 -- Now there's more than one way to refuel at Aloha Island Mart and Shell stations on Oahu. Today, AeroVironment (NASDAQ: AVAV) and Aloha Petroleum, Ltd. unveiled Electric Vehicle (EV) DC fast chargers at three locations across the island:
• Aloha Island Mart Kahala (4339 Waialae Ave.)
• Aloha Island Mart Waipio-Gentry (94-826 Ukee St.)
• Kailua Shell (434 Kuulei Rd.)

For a limited time, electric vehicles equipped with a CHAdeMO fast-charging outlet, such as on some models of the Nissan Leaf and Mitsubishi i-MiEV, can be charged for free at these Aloha stations. CHAdeMO is short for "CHArge de Move"or "charge for moving." DC fast chargers can deliver a full charge to a nearly depleted EV battery in less than 30 minutes.   -> View More

Source: AeroVironment Inc. • $9.6 million contract awarded by Danish Acquisition and Logistics Organization following competitive review
• Follows first $2.4 million Danish Army order for Raven B systems in 2007

PARIS, at Eurosatory, June 12, 2012 -- The Danish Acquisition and Logistics Organization today announced at Eurosatory it has awarded AeroVironment (NASDAQ:AVAV) a firm fixed-price order of $9.6 million to supply the Danish Armed Forces with the company's Puma AE® small unmanned aircraft systems (UAS). AeroVironment was selected following a competitive evaluation.   -> View More

Source: AeroVironment Inc. • Swedish Army adopts "Family of Systems" approach with AeroVironment small unmanned aircraft systems (UAS)
• Adds to more than one dozen international customers for AeroVironment small UAS

PARIS, At Eurosatory, June 11, 2012 -- AeroVironment (NASDAQ: AVAV) has received a firm fixed-price order for 12 hybrid small unmanned aircraft systems (UAS) from the Swedish Defence Materiel Administration (Färsvarets Materielverk) on behalf of the Swedish Army.   -> View More

Source: AeroVironment Inc. • Total projected value of contract action is $65.9 million
• Includes first order for miniature gimbaled payload integrating an electro-optical and infrared video sensor for improved tracking capabilities
• Modular payload compatible with existing Raven® systems

MONROVIA, Calif., June 1, 2012 -- AeroVironment, Inc. (NASDAQ:AVAV) today announced it received a $15,813,406 firm fixed-price authorization to perform on May 22, 2012 from the United States Army as the initial portion of a contract action with a total projected value of $65,889,191. 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 April 30, 2013.   -> View More

Source: AeroVironment Inc. • Ten new electric vehicle (EV) charging sites from AeroVironment added along Interstate 5 and U.S. Route 2
• AeroVironment to provide free charging to EV owners for a limited time

BELLINGHAM, Wash., May 30, 2012 -- The border-to-border vision of the West Coast Electric Highway moves closer to becoming a reality today with the opening of new EV charging sites, extending the highway to the Canadian border and opening it to electric vehicle (EV) drivers from both countries.   -> View More

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