Press Releases

•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.

Stephen F. Page Appointed to AeroVironment Board of Directors

• 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.

• 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.

• 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. 

• Now consumers can seamlessly finance home charger and installation with electric vehicle (EV) purchases in a single transaction
• Finance and Insurance (F&I)-friendly packages present opportunities for dealers to improve their EV Customer Satisfaction index
• AeroVironment’s home charger reduces charging time by more than half to 120 Volt Level 1 plug-in that comes standard with most EVs

MONROVIA, Calif., Feb. 7, 2013 - AeroVironment, Inc. (NASDAQ: AVAV) today launched a dealer program that provides turnkey residential charging packages to consumers purchasing new electric vehicles (EVs) or plug-in hybrids (PHEVs) and allows them to finance the charger in combination with the vehicle at the time of sale. The program, which is the first of its kind, makes dealerships one-stop-shops for EV drivers and expands dealers’ F&I product offerings.

    •  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.

• 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.

• 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.

• 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. 

• 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.

**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.

• $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.

• 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.

• 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.

• 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.

• Small unmanned aircraft systems to demonstrate broadband network and long distance communications link for the FCC Deployable Aerial Communications Architecture Notice of Inquiry proceeding
• Multiple demonstrations planned using AeroVironment’s Digital Data Link and off-the-shelf communications payloads

MONROVIA, Calif., May 24, 2012—AeroVironment (NASDAQ: AVAV) today announced it will employ its small unmanned aircraft systems (UAS) to demonstrate aerial communications capabilities for the Federal Communications Commission’s Deployable Aerial Communications Architecture (DACA) Notice of Inquiry (NOI) proceeding.  The DACA NOI is examining the ability to re-establish communications rapidly using aerial platform technology following a natural or man-made disaster that renders existing communications networks unusable.

• Order definitizes previously announced Switchblade Agile Munition Systems and services contract
• Adds to prior $4.9 million order for a total value of $10 million

MONROVIA, Calif., May 23, 2012—AeroVironment, Inc. (NASDAQ: AVAV) announced it received a contract modification effective March 20, 2012 from the U.S. Army Close Combat Weapons Systems (CCWS), Program Executive Office Missiles and Space (PEO MS).  The $5,108,160 modification to the existing contract includes engineering services, operational Switchblade systems and operator training.  AeroVironment will work with ATK (NYSE: ATK), its munition subcontractor, to produce and deliver the systems.

• Next generation Wasp system adds all environment, enhanced payload and digital data link capabilities
• U.S. Air Force accepts Wasp AE for BATMAV Program, places $2.5 million order

TAMPA, Fla., At SOFIC, May 22, 2012—AeroVironment (NASDAQ: AVAV) today introduced the Wasp AE™ small unmanned aircraft system and announced that it has been accepted by the U.S. Air Force for inclusion in its Battlefield Air Targeting Micro Air Vehicle (BATMAV) program.  Inclusion into the BATMAV program enabled the Air Force to place an order for Wasp AE systems valued at $2,447,949.

• Chairman, Chief Executive Officer and President Tim Conver to focus on long-term growth planning, strategy and value creation
• Senior Vice President Tom Herring to focus on execution of annual operating plan and operational excellence
• Unmanned Aircraft Systems (UAS) Deputy General Manager Roy Minson promoted to general manager, UAS

MONROVIA, Calif., May 8, 2012—AeroVironment, Inc. (NASDAQ:AVAV) today announced a realignment of its senior management team to support its growth plans.  The company promoted Senior Vice President and UAS General Manager Tom Herring to the newly established position of chief operating officer.  Herring will focus on the planning and execution of the company’s annual operating plan and on operational excellence.

• Contract for PosiCharge systems valued at up to $8.8 million through 2014

• Multi-port charging systems provide for common use among different airlines, ground handlers, service vehicles and battery types

LOS ANGELES, at Electric Vehicle Symposium 26, May 7, 2012—AeroVironment, Inc. (NASDAQ: AVAV) today announced the Port of Seattle has awarded the company a contract valued up to $8.8 million through 2014 to supply its PosiCharge™ electric Ground Support Equipment (eGSE) fast charge systems to the Seattle-Tacoma International Airport.

MONROVIA, Calif., April 30, 2012—AeroVironment, Inc. (NASDAQ:AVAV) announced it received a firm fixed-price order valued at $3,653,519 on March 15, 2012 from the United States Marine Corps through an existing U.S. Army contract.  The order includes RQ-11B Raven™ small unmanned aircraft systems and initial spares packages. The systems and spares were scheduled for delivery before April 17, 2012.

• Puma production milestone achieved with 1,000th air vehicle
• United States Air Force assigns Mission Design Series designation RQ-20A to Puma AE system

MONROVIA, Calif., April 20, 2012—AeroVironment (NASDAQ: AVAV) today announced it received a firm fixed-price order valued at $20,430,433 from the U.S. Army for RQ-20A Puma AE® small unmanned aircraft systems (UAS) on March 27, 2012. The Puma AE systems will provide intelligence, surveillance and reconnaissance capabilities for security, route clearance operations and overall battle space awareness to U.S. forces in Afghanistan.  Delivery is scheduled within 30 days.

• First Puma system order for Marine Corps
• Follows procurement of RQ-14 Dragon Eye, RQ-11B Raven and Wasp small unmanned aircraft systems (UAS)

MONROVIA, Calif., April 20, 2012—AeroVironment (NASDAQ: AVAV) today announced that the U.S. Marine Corps is the first military service to adopt four different small unmanned aircraft systems (UAS) from the company with the receipt of a firm fixed-price order valued at $5,558,479 for the RQ-20A Puma AE™ through an existing U.S. Army contract.  Delivery is scheduled within two weeks

• First Puma system order for Air Force
• Adds to RQ-11B Raven and Wasp small unmanned aircraft systems (UAS) procured by Air Force

MONROVIA, Calif., April 18, 2012—AeroVironment (NASDAQ: AVAV) announced it received a firm fixed-price order valued at $2,431,440 on April 5, 2012 from the U.S. Air Force for Puma AE® small unmanned aircraft systems (UAS) through an existing U.S. Army contract.  Delivery is scheduled within two weeks.

• Improves situational awareness for Raven system operators
• Delivers higher visual fidelity and improved target tracking
• One of four products in AeroVironment’s new Mantis suite of gimbaled payloads for unmanned aircraft systems and other applications

NASHVILLE, at Army Aviation Association of America, April 2, 2012—AeroVironment, Inc. (NASDAQ:AVAV) today unveiled a new miniature gimbaled sensor payload on the battle-proven RQ-11B Raven small unmanned aircraft system at the Army Aviation Association of America Annual Professional Forum and Exposition.

West Coast Electric Highway Helps Kick the Gas Habit With First Electric Vehicle Fast-Charging Stations Along Interstate 5

• “Fast” electric vehicle (EV) charging stations from AeroVironment now open along I-5 in Southern Oregon, enabling convenient long-distance electric vehicle travel
• AeroVironment will provide free charging to EV owners for a limited time

MONROVIA, Calif., March 12, 2012—AeroVironment, Inc. (NASDAQ:AVAV) today announced it received a new $11,095,872 cost-plus-fixed-fee sole source contract award on March 1, 2012 from the United States Army. The order comprises Army, Marine Corps and Foreign Military Sales contractor logistics support for Raven systems. The logistics support services are scheduled to be delivered through Feb. 28, 2013.

“AeroVironment’s UAS logistics operation supports systems deployed worldwide to ensure a consistently high level of operational readiness,” said Tom Herring, senior vice president and general manager, Unmanned Aircraft Systems.  “The Raven system continues to be an important asset for U.S. and allied armed forces.”

Mitsubishi Motors North America Adds AeroVironment’s Turnkey Electric Vehicle Charging Station and Installation Solution to its Integrated EV Offering

• AeroVironment to deliver complete electric vehicle home recharging system, installation and warranty to Mitsubishi i drivers
• Site consultation fee waived for customers placing Mitsubishi i pre-order online

MONROVIA, Calif.—(BUSINESS WIRE)—AeroVironment, Inc. (NASDAQ: AVAV) today announced it recently received an order from the United States Air Force for Switchblade loitering munition systems and services. The $4,167,777 extension to an existing contract includes engineering services, operational Switchblade systems and operator training. AeroVironment will work with ATK (NYSE: ATK), its munition subcontractor, to produce and deliver the systems.

  •  AeroVironment becomes exclusive global distributor of Sentient’s Kestrel Land MTI Tier I automated target detection software for use with small unmanned aircraft systems
  •  Integration of Kestrel solution enhances AeroVironment small UAS capabilities

MONROVIA, Calif., and MELBOURNE, Australia, Feb. 13, 2012—AeroVironment, Inc. (NASDAQ: AVAV) and Australia-based Sentient today announced the signing of an exclusive global license agreement that allows AeroVironment to distribute Sentient’s automatic target detection software for full motion video for use with small unmanned aircraft systems (UAS).

• Senior Vice President Mike Bissonette Transitions to Deputy General Manager
• Bissonette will Focus on Enhancing Operational Performance

MONROVIA, Calif. Dec. 13, 2011—AeroVironment, Inc. (NASDAQ: AVAV) today announced that Wahid Nawabi, an experienced executive from the power technology industry, has joined the company as senior vice president and general manager of its Efficient Energy Systems (EES) business segment.  AeroVironment’s board of directors approved Nawabi’s appointment as an officer of the company, effective immediately.

• First solution tailored to law enforcement, first response and other public safety missions from the leading supplier of small unmanned aircraft systems (UAS)

• Based on proven small UAS experience with hundreds of thousands of operating hours supporting U.S. and allied armed forces

• Will be made available to select public safety agencies for testing and evaluation

MONROVIA, Calif., Oct. 27, 2011—AeroVironment, Inc. (NASDAQ: AVAV) today introduced the QubeTM portable UAS for use in public safety applications such as law enforcement and first response.  Small enough to fit easily in the trunk of a car, the Qube system can be unpacked, assembled and ready for flight in less than five minutes, giving the operator a rapidly deployable eye in the sky at a fraction of the cost of manned aircraft.

MONROVIA, Calif., Oct. 20, 2011—AeroVironment, Inc. (NASDAQ:AVAV) today announced that it has received a $7,298,530 cost-plus-fixed-fee contract from the United States Army. This contract establishes a not-to-exceed amount for digital Puma™ All Environment (AE) unmanned aircraft systems (UAS) contractor logistics support services in support of a Joint Urgent Operational Need Statement.  The services are scheduled to be provided within the next 12 months.

• Air Force to equip Security Forces with Raven systems
• Initial order supports training in preparation for broader deployment

MONROVIA, Calif., Sept 27, 2011—AeroVironment, Inc. (NASDAQ:AVAV) today announced that it received a $6,874,175 firm-fixed-price order from the U.S. Air Force under an existing contract with the U.S. Army. The order comprises new digital Raven® small unmanned aircraft systems (UAS) and initial spares packages. The systems and spares packages are scheduled for delivery within the next several months.

• Newly-installed electric vehicle charging stations at the Marriott Waikiki help address growing demand for sustainable tourism
• Upcoming installations planned for Embassy Suites Waikiki Beach Walk and OHANA Waikiki East in Honolulu, Wailea Beach Marriott on Maui
• Solutions tailored for commercial, residential, recreational and transportation parking locations

MONROVIA, Calif., Sept. 8, 2011—AeroVironment, Inc. (NASDAQ:AVAV) today announced that it received a $15,909,962 cost-plus-fixed-fee contract order on September 1, 2011, under an existing contract with the U.S. Army. The order comprises Army contractor logistics support for Raven systems. The logistics support services are scheduled to be delivered within the next several months.

• New, flexible capability for rapid response, high-precision low collateral damage strike is the result of years of development and testing

MONROVIA, Calif., Sept. 1, 2011—AeroVironment, Inc. (NASDAQ: AVAV) announced that it received a contract on June 29 from the U.S. Army Close Combat Weapons Systems (CCWS), Program Executive Office Missiles and Space (PEO MS).  The $4,907,840 contract for the Switchblade agile munition includes engineering services and operational systems for deployment with the U.S. Army.

• Adds VTOL, hover, perch and stare capability to battle-proven family of small unmanned aircraft systems (Raven, Wasp, Puma AE)
• Enables frontline military and non-military missions requiring vertical launches and landings without additional infrastructure
• Operated by AeroVironment’s common Ground Control System to ensure ease of use and acceptance
• Result of more than four years of DARPA-funded research and development to create a portable, stealthy, persistent perch and stare capability

MONROVIA, Calif., Aug. 30, 2011—AeroVironment, Inc. (NASDAQ:AVAV) today introduced its lightweight and man-portable Shrike VTOL™ unmanned aircraft system.

In August 2008 AeroVironment announced the receipt of a contract from DARPA (the Defense Advanced Research Projects Agency) to develop a portable, stealthy, persistent perch and stare (SP2S) unmanned aircraft system.  Shrike VTOL represents the conclusion of this development effort.

22 fast-chargers will be sited throughout northwest Oregon

SALEM, Ore.—The Oregon Department of Transportation (ODOT) has selected AeroVironment (NASDAQ: AVAV) to supply, install, operate and maintain twenty-two (22) electric vehicle (EV) fast-charging stations along major transportation corridors and travel destinations in northwest Oregon. Site review and selection is commencing and construction is scheduled to be complete by December 2012. Funding for the project came from a $2 million U.S. Department of Transportation TIGER II (Transportation Investment Generating Economic Recovery) grant.

WASHINGTON, Aug. 16, 2011, at the Association for Unmanned Vehicle Systems International (AUVSI) North America Conference - AeroVironment, Inc. (NASDAQ:AVAV) today announced that it received a firm-fixed-price contract delivery order valued at $65,532,394 for new digital Puma® All Environment (AE) unmanned aircraft systems (UAS) and initial spares packages. The items were procured through the existing United States Special Operations Command (USSOCOM) All Environment Capable Variant (AECV) indefinite delivery/indefinite quantity (IDIQ) contract. Deliveries are scheduled to be completed over the next several months.

Electric vehicle charging stations coming to I-5 and US 2 in next six months

OLYMPIA, Wash.—Within six months, drivers will be recharging their electric vehicles, like the Nissan LEAF and Chevrolet Volt, along Washington’s Electric Highways. The Washington State Department of Transportation (WSDOT) selected Monrovia, Calif.-based AeroVironment (NASDAQ: AVAV) to transform Interstate 5 and US 2 into the premier interstates of the 21st century, serving the latest generation of electric cars.

MONROVIA, Calif., July 11, 2011—AeroVironment (NASDAQ: AVAV) today announced that with the recent certification of its EV fast charging system, it now has received certification and listing from the Underwriters Laboratories (UL) for six groundbreaking electric vehicle (EV) charging systems, a significant milestone for the expanding EV industry.  UL is one of the most widely recognized independent product safety certification organizations in the world.

• AeroVironment to select locations and install its Level 3 Fast Charging Stations along I-5 Corridor from the California state line to the Willamette Valley.
• Drivers will be able to charge their electric vehicles in minutes as they travel along a key Oregon highway.

MONROVIA, Calif., June 1, 2011 - AeroVironment, Inc. (NASDAQ: AVAV) today announced that it has been selected by the Oregon Department of Transportation (ODoT) to install its high-power Level 3 electric vehicle (EV) fast charging stations along the I-5 corridor from the California state line to the Willamette Valley. This is the beginning of the “Green Highway” a vision for safe and consistent charging infrastructure spanning the West Coast, allowing EV drivers to travel with confidence from San Diego to Vancouver, B.C.

• U.S. Army continues Raven® system procurement toward total acquisition objective of 2,358 systems
• Raven described as “most accessible, responsive and field expedient UAV and ISR instrument” in recent article

MONROVIA, Calif., May 24, 2011—AeroVironment, Inc. (NASDAQ:AVAV) today announced that it received a firm-fixed-price contract order valued at $8,373,995 under a follow-on contract with the U.S. Army. The order comprises new digital Raven® small unmanned aircraft systems (SUAS) and initial spares packages.

• AeroVironment to provide home charging system, installation and warranty to BMW drivers, as well as full BMW dealer support
• AeroVironment EVSE-RS charger to fully charge ActiveE within four to five hours from fully discharged state

• AeroVironment partners with TXU Energy to provide multiple charging stations for electric vehicle drivers in McKinney, Texas
• TXU Energy funds the purchase and installation of AeroVironment’s UL listed EVSE-CS

McKinney, Texas, May 16, 2011 – AeroVironment, Inc. (NASDAQ: AVAV) announced today that it has been selected by TXU Energy to deploy electric vehicle (EV) charging stations to support a public charging network in the Dallas Metro-plex area beginning with a historic installation in the City of McKinney.  TXU Energy CEO Jim Burke and the mayor of McKinney, Brian Loughmiller announced the new charging network at an event in front of the McKinney Public Library where the first of four charging stations was installed.

• Puma demonstrating effectiveness in theater
• Order includes systems, initial spares and training services

MONROVIA, Calif., April 21, 2011—AeroVironment, Inc. (NASDAQ:AVAV) today announced that it received a firm-fixed-price contract delivery order valued at $11,500,000 for new digital Puma‚ All Environment (AE) unmanned aircraft systems (UAS), initial spares packages and training services on April 11, 2011. The items were procured under the existing United States Special Operations Command (USSOCOM) All Environment Capable Variant (AECV) indefinite delivery/indefinite quantity (IDIQ) contract. Deliveries are scheduled to be completed over the next several months.

MONROVIA, Calif., April 12, 2011—AeroVironment, Inc. (NASDAQ:AVAV) announced that it received a firm-fixed-price contract order valued at $14,773,816 under an existing contract with the U.S. Army. The order comprises digital Raven® small unmanned aircraft systems (UAS) retrofit kits. Work is scheduled to be completed by December 2011.

• AeroVironment to provide comprehensive EV charging solution to support Dallas/Fort Worth EV drivers
• First fast charging station in Texas to be unveiled today
• NRG Energy and AeroVironment plan to install 70 “Freedom” Stations in the Dallas/Fort Worth area by the end of 2012

DALLAS, April 8, 2011 – AeroVironment, Inc. (AV) (NASDAQ: AVAV) today announced that it has joined forces with NRG Energy, Inc. (NYSE: NRG) to expand the privately funded, comprehensive eVgo^SM electric vehicle (EV) charging “ecosystem” launched first in Houston to EV drivers in the Dallas/Fort Worth (DFW) market, the fourth-largest metropolitan area by population in America.  The ecosystem is an integrated network of charging products, services and payment plans that helps make EVs practical for drivers.  NRG selected AeroVironment to provide home and public charging systems, installation services, energy usage monitoring and payment and subscription solutions in support of the Houston and DFW ecosystems. The companies plan to inaugurate the DFW expansion today at a ribbon-cutting event in Dallas hosted by NRG’s president and CEO David Crane and featuring AeroVironment’s chairman and CEO Tim Conver.

• No injuries or damage to other property reported during envelope expansion flight testing
• Investigation Board will be convened to probe cause and provide details of mishap

MONROVIA, Calif., April 1, 2011—AeroVironment, Inc. (AV) (NASDAQ:AVAV) today announced that the Global Observer unmanned air vehicle undergoing flight test envelope expansion at Edwards Air Force Base (EAFB) in California experienced a mishap at 2:30 am Pacific Daylight Time today, approximately 18 hours into its ninth test flight.  There are no reports of injury or damage to other property.

• AV to partner with Hawaiian Electric Company, University of Hawaii at Manoa and Hawaii Automobile Dealers Association

• Program includes deploying electric vehicle infrastructure statewide, collecting and analyzing charging data to study impact on electricity distribution and providing public outreach and educational programs to promote EV growth

HONOLULU, First Hawaiian International Auto Show, March 18, 2011 – Hawaii Lt. Governor Brian Schatz today announced that AeroVironment (NASDAQ: AVAV) has been selected to help lead the way to a cleaner transportation future through an $820,000 contract from the Hawaii EV Ready Grants Program.  The contract will fund the deployment of up to 320 AeroVironment 240-volt electric vehicle (EV) charging docks throughout the islands.  Once deployment is completed, Hawaii will have one of the nation’s first statewide public charging networks supporting electric vehicle drivers.

• Two-wing, Flapping Aircraft Hovers and Flies in Any Direction
• Total Weight of Two-thirds of an Ounce Includes Batteries and Video Camera

WASHINGTON, at AAAS Conference, Feb. 17, 2011—AeroVironment, Inc. (AV)(NASDAQ: AVAV) today announced it has accomplished a technical milestone never before achieved—controlled precision hovering and fast-forward flight of a two-wing, flapping wing aircraft that carries its own energy source, and uses only the flapping wings for propulsion and control.

• Chargers wirelessly communicate with grid to create “smart refueling” hubs
• Open architecture ensures interoperability with utility systems nationwide

MONROVIA, Calif., Feb. 14, 2011—AeroVironment (NASDAQ: AVAV) today announced that it has begun shipping and installing its UL-listed single-family and multi-unit residential Smart Charging Dock (model EVSE-RS+).  Designed with an open architecture to ensure interoperability with the thousands of individual utilities nationwide, the grid-connected system charges electric and plug-in electric hybrid cars by turning drivers’ homes into convenient, smart refueling hubs.

Milbank Manufacturing Selects AeroVironment’s Electric Vehicle Charging Solutions for National Distribution Program to Expand Charging Infrastructure

• Partnership extends EV charging infrastructure throughout the United States
• Provides access to AeroVironment EV charging solutions for major home improvement retailers serviced by Milbank
• Distribution network agreement includes formal training program for electrical contractors installing AeroVironment’s products

SAN DIEGO, Calif., DistribuTECH, Feb. 1, 2011—Milbank Manufacturing Co. of Kansas City, Mo., announced today that it has selected AeroVironment, Inc. (AV)(NASDAQ: AVAV) of Monrovia, Calif., to provide AV’s electric vehicle (EV) charging stations to its customers—including utilities, developers, contractors, businesses, and consumers— through Milbank’s nationwide distribution network. The partnership enhances Milbank’s PowerGen® line of renewable power solutions and furthers the expansion of EV charging infrastructure throughout the United States.

MONROVIA, Calif., Jan. 31, 2011—AeroVironment, Inc. (AV) (NASDAQ:AVAV) announced that it received a firm fixed-price order valued at $7,800,003 under an existing contract with the U.S. Army on January 25, 2011. The order comprises 919 digital module upgrade kits for the U.S. Marine Corps. The upgrade kits allow digital Raven unmanned aircraft systems (UAS) to operate using a different frequency band than provided by the stock configuration. Funding for this order was appropriated for RQ-11B Raven system procurement in the 2010 Department of Defense Appropriations Act, which was signed into law in December 2009. Work is scheduled to be completed by April 30, 2011.

Key Milestone Achieved for System Designed to Provide Persistent Communications and Surveillance at 20% of the Cost of Existing Solutions.

MONROVIA, Calif., Jan. 11, 2011—AeroVironment, Inc. (AV) (NASDAQ:AVAV) today announced that the Global Observer® unmanned aircraft system has successfully completed its historic first flight powered by the aircraft’s hydrogen-fueled propulsion system at Edwards Air Force Base (EAFB) in California.  This milestone marks the beginning of high altitude, long endurance flight testing for the demonstration and operational utility phase of the Joint Capability Technology Demonstration (JCTD) program.

MONROVIA, Calif., December 28, 2010—AeroVironment, Inc. (AV) (NASDAQ:AVAV) announced today that it received an order valued at $46,226,984 under an existing contract with the U.S. Army.  The order comprises 123 new digital Raven® small unmanned aircraft systems (UAS) and initial spares packages as well as 186 digital retrofit kits for the U.S. Marine Corps. The order also includes 339 digital retrofit kits for the U.S. Army.  The Raven system and retrofit order represents the remainder of the funds appropriated for RQ-11B Raven system procurement in the 2010 Department of Defense Appropriations Act, which was signed into law in December 2009.

MONROVIA, Calif., Dec. 8, 2010—AeroVironment, Inc. (AV) (NASDAQ:AVAV) announced it received an order valued at $4,862,674 under a contract with the Norwegian Defence Logistics Organisation (NDLO).  The order comprises new Raven® small unmanned aircraft systems (UAS), spares, training services and logistics support. Delivery of the systems is scheduled for early calendar 2011.

AeroVironment will provide comprehensive EV charging solution to support the needs of Houston drivers

HOUSTON, Nov. 18, 2010—AeroVironment, Inc. (AV) (NASDAQ: AVAV) has joined forces with NRG Energy, Inc. (NYSE: NRG) to bring the first privately funded, comprehensive electric vehicle (EV) charging “ecosystem” to drivers in America’s fourth largest city.  The ecosystem is an integrated network of products, services and payment plans that helps make EVs practical for drivers.  AV is the exclusive provider of home and public charging systems, installation services, energy usage monitoring and payment and subscription solutions in support of the Houston ecosystem, which can be deployed as a practical, integrated model in cities throughout North America.

MONROVIA, Calif., Nov. 4, 2010—Frost & Sullivan, a global research organization of 1,800 analysts who monitor more than 300 industries and 250,000 companies, has awarded its 2010 North American Customer Service Leadership of the Year Award for Electric Vehicle (EV) Charging Stations to AeroVironment, Inc. (AV) (NASDAQ: AVAV).  AV is a Southern California-based technology company whose electric transportation solutions include electric vehicle home charging, public charging and fast charging systems for consumers, automakers, utilities and government agencies.

Criteria Frost & Sullivan used to benchmark AV’s performance against key competitors included quality of service, timeliness of service, impact of service on customer value and cost of service to customers.

MONROVIA, Calif., Nov. 2, 2010 – AeroVironment, Inc. (AV) (NASDAQ:AVAV) announced today that it has received a $17,197,960 cost-plus-fixed-fee letter contract that was previously announced by the United States Army on October 22. This letter contract establishes not-to-exceed amounts for digital Puma® All Environment (AE) unmanned aircraft systems (UAS) contractor logistics support, training and accounting for contract services in support of a Joint Urgent Operational Need Statement entitled “Unmanned Aircraft Systems for Route Clearance.” The services are scheduled to be delivered within the next 12 months.

WASHINGTON, at AUSA, Oct. 26, 2010—AeroVironment, Inc. (AV) (NASDAQ:AVAV) announced today that it has received a contract delivery order valued at $7,231,440 for new digital Puma® All Environment (AE) unmanned aircraft systems (UAS) and training services. The items were procured under an existing United States Special Operations Command (USSOCOM) All Environment Capable Variant (AECV) indefinite delivery/indefinite quantity (IDIQ) contract.

AeroVironment’s Global Observer Stratospheric Unmanned Aircraft System
Completes Initial Flight Testing

Demonstration Program Proceeding Toward Hydrogen-Fueled Flight Test Phase

WASHINGTON, at AUSA, Oct. 25, 2010—AeroVironment, Inc. (AV) (NASDAQ:AVAV) today announced that the first aircraft developed under the Global Observer® Joint Capability Technology Demonstration (JCTD) program has successfully completed initial flight testing consisting of multiple low-altitude flights at Edwards Air Force Base (EAFB) in California.  This initial flight test phase of the demonstration program employed batteries to power the hybrid-electric aircraft and to approximate full aircraft weight and center of gravity for flight control, performance and responsiveness evaluation.

Home Installations Scheduled to Begin This Fall

MONROVIA, Calif., Sept. 9, 2010—AeroVironment (AV) (NASDAQ: AVAV), a provider of charging solutions for every electric vehicle (EV) owner’s needs, has received Underwriters Laboratories (UL) listing for its EV home charging station (EVSE-RS).  The home charging station is one component of AV’s complete charging solution, which includes convenience and fast charging systems for multi-unit housing, retail establishments, public locations, fleet operations, automotive dealerships, roadside assistance, and options to interface with the smart grid and smart home.

MONROVIA, Calif., Aug. 31, 2010—AeroVironment, Inc. (AV) (NASDAQ:AVAV) announced today that it has received a contract delivery order valued at $35,265,662 for digital Puma® All Environment (AE) unmanned aircraft systems (UAS), spares and training services.  The equipment and services were procured under the existing USSOCOM All Environment Capable Variant (AECV) indefinite delivery/indefinite quantity (IDIQ) contract.  Work is scheduled to be performed within a period of several months.

MONROVIA, Calif., Aug. 23, 2010—AeroVironment, Inc. (AV) (NASDAQ:AVAV) today announced that former Teledyne and TEAC Aerospace executive Joel Hirsch has joined AeroVironment as vice president of strategic operations. Reporting to AV chairman and chief executive officer Tim Conver, Hirsch’s primary role will be to consolidate and streamline procurement across the enterprise and identify and implement strategic opportunities to improve company-wide operating efficiency.

Flight Test Campaign Begins for First Unmanned Aircraft System Developed to Provide Uninterrupted Coverage Over Any Spot on the Globe

EDWARDS AIR FORCE BASE, Calif., Aug. 16, 2010—AeroVironment, Inc. (AV) (NASDAQ:AVAV) announced that the first aircraft developed under the Global Observer® Joint Capability Technology Demonstration (JCTD) program successfully completed its first flight.  On August 5 Global Observer Aircraft 1001 took off from runway 04L at Edwards Air Force Base (EAFB) in California and climbed to an altitude of 4,000 feet where it performed a series of maneuvers before landing successfully one hour later.

Key Milestone Achieved in Development and Testing of First Unmanned Aircraft System to Offer Seamless Persistence Without Latitude Restrictions

MONROVIA, Calif., Aug. 11, 2010—AeroVironment, Inc. (AV) (NASDAQ:AVAV)  announced that a full size wing developed as part of the Global Observer® Joint Capability Technology Demonstration (JCTD) program has successfully completed a series of Wing Load Tests (WLT) in support of the Global Observer flight test program.

MONROVIA, Calif., June 25, 2010—- AeroVironment, Inc. (AV) (NASDAQ: AVAV) noted in its Annual Report on Form 10-K filed on June 25, 2010 that it is currently cooperating with an investigation by the Civil Fraud Section of the United States Department of Justice with respect to certain of its billing practices.

Customer-Funded Development Program Proceeding Toward Flight Test Phase of First Unmanned Aircraft System Offering True “Unblinking Eye”

MONROVIA, Calif., May 25, 2010—AeroVironment, Inc. (AV) (NASDAQ:AVAV) today announced that the first aircraft developed under the Global Observer® Joint Capability Technology Demonstration (JCTD) program has successfully completed key ground tests in preparation for flight testing.  The joint Department of Defense, NASA and AV team successfully performed ground vibration, structural and taxi tests at Edwards Air Force Base (EAFB) in California.  AV developed and fabricated Aircraft 1 in its dedicated manufacturing facility located in Southern California and shipped it to EAFB in December 2009.

AeroVironment Receives $11.2 Million Order for Raven Unmanned Aircraft Systems and Services

MONROVIA, Calif., May 12, 2010—AeroVironment, Inc. (AV) (NASDAQ:AVAV) announced it received an order valued at $11,198,967 under an existing contract with the U.S. Army.  The order comprises 63 new digital Raven® small unmanned aircraft systems (UAS), services supporting the Army’s evaluation of the small UAS Family of Systems concept and additional engineering services.

AeroVironment Hires Roy Minson as Vice President of Business Development and Deputy General Manager for Unmanned Aircraft Systems

MONROVIA, Calif., April 21, 2010—AeroVironment, Inc. (AV) (NASDAQ:AVAV) today announced that Roy Minson, formerly an executive with SAIC and The Boeing Company, has joined AeroVironment as vice president of business development and deputy general manager of its unmanned aircraft systems (UAS) segment.

MONROVIA, Calif., March 31, 2010—AeroVironment, Inc. (AV) (NASDAQ:AVAV) today announced the resignation of Stephen C. Wright from his position as senior vice president and chief financial officer effective March 31, 2010. Wright is leaving AV to pursue other business opportunities.

AeroVironment Names John Grabowsky Chief Technology Officer and Tom Herring Senior Vice President/General Manager, Unmanned Aircraft Systems

MONROVIA, Calif., March 5, 2010—AeroVironment, Inc. (AV) (NASDAQ:AVAV) today appointed Tom Herring as senior vice president and general manager of AV’s Unmanned Aircraft Systems (UAS) business segment and John Grabowsky as AV’s first chief technology officer, a role that will span the company’s UAS and Efficient Energy Systems (EES) business segments. Grabowsky previously served as executive vice president and general manager of UAS.

AeroVironment Receives $37.9 Million in Orders for Digital Raven Unmanned Aircraft Systems, Digital Retrofit Kits, Support Services

Orders Represent Initial Portion of Raven Funding from United States Department of Defense Fiscal 2010 Budget

MONROVIA, Calif., Feb. 23, 2010—AeroVironment, Inc. (AV) (NASDAQ:AVAV) announced that it received firm fixed-price orders valued at $20,731,992 for digital Raven; unmanned aircraft systems (UAS) and digital retrofit kits, and $17,141,648 for Raven system spare parts, repairs and training services for the U.S. Army and Marine Corps. The Raven system and retrofit order represents a portion of the $121 million appropriated for RQ-11 Raven system procurement in the 2010 Department of Defense Appropriations Act, which was signed into law in December 2009.  The balance of government fiscal 2010 procurement funding that is anticipated to be converted into orders is proceeding through the procurement process.  Typically the organizations responsible for administering this program retain a portion of approved funding to pay for program expenses and government furnished equipment.

WASHINGTON, D.C., Jan. 26, 2010—Electric vehicle manufacturer THINK today announced that it will work with AeroVironment, Inc. (NASDAQ: AVAV) (AV), a leading developer and supplier of electric vehicle charging infrastructure, to pursue demonstration and commercial projects using AV’s level III fast-charge system and the THINK City electric vehicle.  The projects will be designed to jump-start the development of fast-charge infrastructure in the United States.

Agreement part of one-stop shop experience for EV purchase process

DETROIT (Jan. 11, 2010)—Nissan North America (NNA) today announced its selection of AeroVironment (NASDAQ: AVAV) (AV) to supply electric vehicle home-charging stations and installation services supporting the introduction of the zero-emission, all-electric Nissan LEAF later this year.

AeroVironment Receives $23.9 Million Order for Army and Marine Corps Digital Raven Systems and Digital Upgrade Kits

MONROVIA, Calif., Dec. 21, 2009—AeroVironment, Inc. (AV) (NASDAQ:AVAV) today announced that it received a $23,926,917 firm fixed-price order under an existing contract. This contract modification comprises digital Raven systems and kits to upgrade existing analog Raven® systems currently being used by the U.S. Army and U.S. Marine Corps with AV’s digital data link.

MONROVIA, Calif., Nov. 30, 2009—AeroVironment, Inc. (AV) (NASDAQ: AVAV) today announced that automotive lithium-ion battery maker EnerDel, a subsidiary of Ener1, Inc. (NASDAQ: HEV), will be using a portion of its recent federal stimulus grant to purchase eight AV advanced electric vehicle power cycling and test systems.

AeroVironment’s Raven Small Unmanned Aircraft System Receives Military Aircraft Type-Classification Certificate from the Netherlands Military Aviation Authority Certification Permits Operation of Raven in Dutch National Airspace by the Military

MONROVIA, Calif., Nov. 3, 2009 - AeroVironment, Inc. (AV) (NASDAQ: AVAV) today announced that the Military Aviation Authority of the Netherlands (MLA-NLD) has issued a Military Type Certificate (MTC) for the Raven® B NLD MUAS, the first such certificate issued in the Netherlands in the Micro-Unmanned Aerial Vehicle category. This certificate permits Dutch military personnel to operate Raven systems in designated Dutch airspace.

Web-based System Solution for Industrial and Passenger Electric Vehicle Battery Optimization

MONROVIA, Calif., Aug. 10, 2009—AeroVironment, Inc. (AV) (NASDAQ: AVAV) has been granted a patent by the United States Patent and Trademark Office for technology that facilitates the optimal charging, management, control and maintenance of battery packs, chargers and electric vehicles (EVs).  Patent No. 7,444,192 builds on AV’s intellectual property portfolio in its Efficient Energy Systems business segment.  This segment’s products include PosiCharge® systems, the leading fast charge systems for electric vehicles.

Delivery of “AV-800” Marks the Introduction of 800 Kilowatt Testing Solution

MONROVIA, Calif., Aug 4, 2009—” AeroVironment, Inc. (AV) (NASDAQ:AVAV) delivered its first AV-800 , a high-power, heavy-duty, near-megawatt scale electric vehicle (EV) test system to the U.S. Army Tank Automotive Research, Development and Engineering Center (TARDEC) in Warren, Michigan for advanced vehicle testing.

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.

Option Exercise for Aircraft and Additional Items Builds on Successful Program Milestones, Resulting in Total Program Funding of More Than $120 Million

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.

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.

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.

CITY OF INDUSTRY, Calif., Feb. 17, 2009 - AeroVironment, Inc. (AV) (NASDAQ: AVAV) announced that WhiteWave Foods Company today unveiled its updated, environmentally friendly distribution center that now features increased productivity and reduced energy solutions from AV’s alliance with Toyota Material Handling, U.S.A. (TMHU). AV and TMHU formed the alliance last year to offer a wide range of PosiCharge product solutions to reduce energy consumption and operating costs for their material handling customers.

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.

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.

CHICAGO, at ProMat, Jan. 12, 2009 - AeroVironment, Inc. (AV) (NASDAQ: AVAV), the leading supplier of industrial fast charge systems in North America, today unveiled a series of new PosiCharge® fast charge systems, accessories and opportunity charge systems for industrial electric vehicles, including the LP Meter, a data collection device that eases the conversion of propane trucks to electric power.

CHICAGO, At ProMat, Jan. 12, 2009 - AeroVironment, Inc. (AV) (NASDAQ:AVAV) today announced that it has installed more than 200 of its PosiCharge fast charge systems at Nestle facilities throughout North America. These fast charge systems support electric material handling fleets in more than 14 Nestle facilities.

MONROVIA, Calif., Dec. 18, 2008 - AeroVironment, Inc. (AV) (NASDAQ: AVAV) today announced that Balqon Corporation (OTC:BLQN), a developer of heavy duty electric trucks, tractors and electric drive systems, has purchased a new high voltage version of AV’s PosiCharge fast charge systems as part of a program to replace internal combustion yard tractors with electric propulsion vehicles at the Port of Los Angeles.

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.

IRVINE, Calif. - (September 16, 2008) - Toyota Material Handling, U.S.A., Inc. (TMHU), the number one lift truck supplier in the United States, and AeroVironment, Inc. (AV), the number one battery fast charge system manufacturer, have established an alliance to market AV’s PosiCharge fast charge systems. PosiCharge systems are now available through 68 authorized Toyota Industrial Equipment dealers with 190 locations throughout the United States.

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.

MONROVIA, Calif., July 22, 2008 - AeroVironment, Inc. (AV) (NASDAQ: AVAV), a leader in unmanned aircraft systems and efficient electric energy systems, has announced that its Architectural Wind system has been installed at Boston’s Logan International Airport Office Center as part of a project commissioned by the Massachusetts Port Authority (Massport). The installation comprises 20 five-bladed wind turbines and ties in with a comprehensive energy management plan that Massport has established for all its facilities.

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.

MONROVIA, Calif., May 30, 2008—AeroVironment, Inc. (AV) (NASDAQ: AVAV) today announced that The Netherlands Ministry of Defence, acting through its Defense Materiel Organization (DMO), has awarded AV a contract for RQ-11B (Raven) small unmanned aircraft systems.  The order includes new aircraft systems as well as training, logistics support, and airworthiness certification.  Each Raven system typically consists of three aircraft, a ground control station, a remote video terminal, system spares, and related services.  The total award value is $7.7 million and is fully funded.

MONROVIA, Calif., May 27, 2008—AeroVironment, Inc. (AV) (NASDAQ: AVAV) today announced it has been awarded a Phase II contract by the Defense Advanced Research Projects Agency (DARPA) to design and build a flying prototype for the Nano Air Vehicle (NAV) program.