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AeroVironment, Inc. to Host Investor Day in New York City, New York on July 8

06/18/2026

ARLINGTON, Va. — Jun. 17, 2026 — AeroVironment, Inc. (“AV”) (NASDAQ: AVAV) will host an investor day in New York City on Wednesday, July 8, 2026. Management presentations and discussions can be viewed that day during a live webcast starting at 5:30 a.m. PT / 6:30 a.m. MT / 7:30 a.m. CT / 8:30 a.m. ET.

The event will include presentations from Wahid Nawabi, AV’s chairman, president and chief executive officer; Sean Woodward, senior vice president and chief financial officer; Dr. Rob Smith, chief operations officer and other members of the executive management team.

You can access the live webcast at the link below:

https://edge.media-server.com/mmc/p/yj2249s9/

About AV

AeroVironment (“AV”) (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo™, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties, which could cause actual results to differ materially. Factors that may cause such differences include, but are not limited to, our ability to perform under existing contracts and obtain new ones; regulatory changes; competitor activities; market growth; product development challenges; and general economic conditions. For a more detailed discussion of these risks, please refer to AeroVironment’s filings with the Securities and Exchange Commission. We undertake no obligation to update forward-looking statements as a result of new information or future events.

Investor Contact:
Denise Pacioni
ir@avinc.com
805.795.4108

Media Contact:
BJ Koubaroulis
pr@avinc.com
703.718.4060

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AV Introduces TOM 50 RE, a Backpackable UGV for Rapid Reconnaissance and Explosive Ordnance Disposal

06/14/2026

Lightweight uncrewed ground vehicle expands mission flexibility for highly mobile units operating in complex and contested environments 

OSTFILDERN, GERMANY — (June 15, 2026) — AeroVironment, Inc. (“AV”), a global leader in autonomous systems, today announced the launch of TOM 50 RE, a compact, backpackable uncrewed ground vehicle (UGV) developed by its wholly owned subsidiary Telerob.  

Designed for mobile exploration, mission-accompanying reconnaissance, explosive threat disposal, and operational support, TOM 50 RE enables dismounted forces, explosive ordnance disposal (EOD) teams, and special operations units—including SWAT—to rapidly deploy robotic capability wherever the mission demands. 

The announcement was made at Eurosatory 2026, a global event for defence and security held in Paris. 

“The introduction of TOM 50 RE reflects AV’s commitment to delivering robotic systems that directly address the realities of modern ground combat and explosive threat environments,” said Wahid Nawabi, Chairman, President, and Chief Executive Officer of AV. “Today’s operators need systems that move with them, adapt to multiple missions, and provide immediate intelligence while reducing risk to human life. TOM 50 RE delivers that capability in a highly portable form factor built for the tactical edge.” 

Weighing less than 10 kilograms (22 pounds) and compact enough to be carried by a single operator, TOM 50 RE enables rapid deployment in confined and complex terrain, while its tracked design, stair-climbing flipper system, and dedicated mobility attachments allow it to overcome obstacles, navigate stairs and uneven terrain, and operate inside structures, delivering up to five hours of endurance and supporting payloads of up to five kilograms without compromising mobility. 

With state-of-the-art onboard simultaneous localization and mapping (SLAM) capability, TOM 50 RE autonomously generates detailed maps of interior spaces, including multi-level buildings and global positioning system (GPS)-denied environments such as underground structures and dense urban terrain. Operators can identify and record points of interest directly within the digital map and export mission data immediately following operations, accelerating intelligence exploitation, supporting informed decision-making, and enabling more effective follow-on planning. 

Equipped with four integrated high-resolution wide-angle cameras with infrared capability, TOM 50 RE delivers persistent 360-degree situational awareness in day, night, and degraded visual environments. Its advanced internet protocol (IP)-mesh radio architecture provides secure, resilient communications while enabling the system to function as a mobile repeater, extending connectivity for forces operating deep inside structures or complex terrain.  

Its modular architecture, enabled by the Mission Module Interface (MMI) or an adapter supporting Telerob’s Universal Component Interface (UCI), allows operators to integrate mission-specific payloads, including advanced camera systems and disruptors, and tailor the system to evolving operational requirements. 

“TOM 50 RE was designed to deliver immediate robotic capability at the point of need, where operators face the greatest uncertainty and risk,” said Florian Gruener, Managing Director of Telerob and Product Line General Manager for Uncrewed Ground Vehicles. “Its ability to rapidly conduct these missions in complex terrain allows forces to gain critical situational awareness, mitigate threats, and make faster, more informed decisions—while keeping personnel out of harm’s way.” 

Controlled through AV_Halo™ COMMAND running on the Tomahawk Grip family of systems or the Robo Command Control System, operators can seamlessly manage TOM 50 RE alongside other uncrewed systems, enabling coordinated robotic operations and enhancing situational awareness across the mission. 

The Four Missions 

  • For mobile exploration, TOM 50 RE provides immediate situational awareness in unknown or high-risk environments, allowing operators to scout structures, confined spaces, and urban terrain without exposing personnel to danger. 

 

  • In mission-accompanying reconnaissance, the system’s integrated simultaneous localization and mapping (SLAM) capability enables it to navigate multi-story buildings, generate detailed interior maps, and identify and mark hazards or points of interest for follow-on forces. 

 

  • In defusing missions, TOM 50 RE supports the safe neutralization of improvised explosive devices and explosive hazards through modular disruptor and drop-charge payloads, allowing operators to mitigate threats from a safe distance.  

 

  • In its support rolein cooperation with the telemax EVO family of products, the system can serve as a mobile communications relay, extend operational reach, provide additional viewing angles, and enhance coordination between robotic and human elements across distributed teams. 

TOM 50 RE expands AV’s portfolio of intelligent, mission-ready ground robotic systems supporting defence, security, and public safety forces worldwide. 

About AV  

AV (NASDAQ: AVAV) is a defence technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo™, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com. 

Safe Harbor Statement 

Certain statements in this press release may constitute “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties, which could cause actual results to differ materially. Factors that may cause such differences include, but are not limited to, our ability to perform under existing contracts and obtain new ones; regulatory changes; competitor activities; market growth; product development challenges; and general economic conditions. For a more detailed discussion of these risks, please refer to AeroVironment’s filings with the Securities and Exchange Commission. We undertake no obligation to update forward-looking statements as a result of new information or future events. 

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AV Signs MOU with Taiwan’s Ubiqconn to Develop Common Controller Ecosystem for Taiwan’s Indigenous UAS Program

06/11/2026

TAIPEI, TAIWAN, June 11, 2026 – AeroVironment, Inc. (“AV”) (NASDAQ: AVAV), a global defense technology leader, today announced that it has signed a memorandum of understanding (MOU) with Ubiqconn Technology Inc. (“Ubiqconn”), a Taiwan-based rugged controller and industrial computing solutions provider, to advance collaboration on uncrewed systems and mission management capabilities in support of Taiwan’s defense modernization and indigenous unmanned aircraft systems initiatives. 

The MOU establishes the shared intent of AV and Ubiqconn to collaborate on the development and integration of a common controller capability based on AV’s Tomahawk Common Control Ecosystem to support Taiwan Ministry of National Defense (MND) requirements, including its indigenous UAS program targeting the procurement of tens of thousands of domestically produced drones. 

“Today’s signing is about building a bridge to a deeper, more strategic partnership with Taiwan,” said Wahid Nawabi, Chairman, President and Chief Executive Officer at AV. “By combining AV’s battle-proven mission software with Ubiqconn’s advanced rugged controller technology and Taiwan’s growing industrial base, we’re laying the groundwork for integrated, networked uncrewed solutions tailored to Taiwan’s defense and security needs.”  

As part of the collaboration, AV will install and configure its Kinesis™ mission management software, part of the company’s AV_Halo COMMAND command-and-control (C2) software suite, onto Ubiqconn’s rugged controller platform, enabling operators in Taiwan to control multiple types of uncrewed aircraft systems, from various original equipment manufacturers, through a common, scalable interface.  

AV will provide a fully-integrated common controller system with access to Kinesis software and its KxM module, along with training and technical support to enable Ubiqconn to conduct demonstrations and facilitate future ad‑hoc integration activities.  

“Taiwan’s defense and homeland security modernization requires a new standard of interoperability, and this collaboration with AV is a meaningful step toward achieving it,” said Paul Hsieh, CEO of Ubiqconn. “By integrating Kinesis software onto our rugged controller platforms, Ubiqconn is proud to serve as the hardware backbone of a common controller ecosystem that will support Taiwan’s indigenous defense capabilities and strengthen our nation’s resilience sustainability.” 

Under the MOU and future agreements contemplated by the MOU, Ubiqconn will provide physical UAS controller hardware to support Kinesis integration, configuration, and functional testing, and will share technical input on UAS platforms most commonly operated within Taiwan’s defense and security community to inform controller compatibility priorities. Ubiqconn will lead in‑market demonstrations and outreach to Taiwan’s Ministry of National Defense and other government stakeholders to help shape emerging common controller requirements and will engage domestic drone Original Equipment Manufacturers (OEMs) to expand the Kinesis compatibility database to include locally produced UAS. 

“In light of the Ministry of National Defense’s intent to procure tens of thousands of indigenous drones, a common controller ecosystem is essential to reduce training burden, simplify sustainment, and ensure that Taiwan’s growing drone fleet remains interoperable and combat-ready across all services,” said Justin McFarlin, Vice President of International Business Development for AV. “At the same time, this collaboration expands AV’s ability to deliver scalable, interoperable solutions that are specifically tailored to Taiwan’s defense needs and produced in partnership with its industrial base.” 

In September 2025, AV announced a strategic collaboration with Taiwan’s National Chung-Shan Institute of Science and Technology (NCSIST) to strengthen Taiwan’s unmanned and precision-strike ecosystem by providing JUMP® 20/20-X expertise, sustainment, training, and future co-development of autonomous systems to enhance readiness, resilience, and indigenous defense capability. 

About AV 

AeroVironment (“AV”) (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo™, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com. 

About Ubiqconn 

Founded in 2011 and headquartered in Taipei, Taiwan, Ubiqconn Technology is a global provider of rugged computing, embedded systems, and mission-critical connectivity solutions designed for demanding operational environments. The company develops rugged mobile devices, vehicle-mounted computing systems, satellite communications-enabled technologies, and edge computing platforms that support defense, transportation, industrial, maritime, and public sector applications. Through its engineering, manufacturing, and integration capabilities, Ubiqconn enables resilient, connected operations in harsh, remote, and contested environments. For more information, visit Ubiqconn 

Safe Harbor Statement 

Certain statements in this press release may constitute “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties, which could cause actual results to differ materially. Factors that may cause such differences include, but are not limited to, our ability to perform under existing contracts and obtain new ones; our ability to execute a co-production agreement for the collaboration described in the MOU; regulatory changes; competitor activities; market growth; product development challenges; and general economic conditions. For a more detailed discussion of these risks, please refer to AeroVironment’s filings with the Securities and Exchange Commission. We undertake no obligation to update forward-looking statements as a result of new information or future events. 

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AV Announces LINX™ Connected Transportation Platform to Modernize Real-Time Traveler Communications

06/08/2026

BJ Koubaroulis, Corporate Communications Specialist

Software-Based V2X Solution Supports Delaware and Washington, D.C. Transportation Agencies with Unified, Real-Time Roadway Alerts Across Connected Infrastructure and Digital Traveler Platforms 

ARLINGTON, Va., June 9, 2026 – AeroVironment (“AV”), a global defense technology leader, today announced the continued deployment and operational expansion of its LINX™ Traveler Information Messaging (TIM) platform, a software-based Vehicle-to-Everything (V2X) solution designed to modernize how transportation agencies deliver real-time roadway information to drivers. The announcement was made during the ITS America Conference & Expo 2026 at Huntington Place in Detroit, Michigan. 

Designed to support increasingly connected transportation environments, LINX™ enables agencies to create, manage, and distribute standardized Traveler Information Messages (TIM) across transportation management centers, connected vehicles, navigation applications, and traveler alert platforms through a centralized, scalable architecture that integrates with existing transportation management systems and supports widely adopted standards, including the Manual on Uniform Traffic Control Devices (MUTCD) and SAE J2735. 

The platform delivers real-time alerts for work zones, traffic incidents, severe weather, flooding, roadway hazards, and special events—enhancing roadway safety, operational awareness, and traffic flow. 

“Traditional traveler information systems, including roadside signs, 511 services, and standalone navigation applications, often operate independently, creating inconsistencies and delays in how critical roadway information is communicated to drivers,” said Stephen Lloyd, Senior Director Command and Control (C2) Systems at AV. “LINX™ demonstrates how agencies can connect their systems with trusted traveler platforms to deliver reliable real time information that enhances safety, resilience, and operational efficiency.” 

AV is currently supporting active deployments with the Delaware Department of Transportation (DelDOT) and the District Department of Transportation (DDOT), helping modernize transportation communications in both statewide and dense urban environments. 

In Delaware, LINX™ will enable DelDOT to rapidly distribute standardized roadway alerts, including flooding notifications and roadway condition updates, potentially improving both traveler safety and mobility. In Washington, D.C., the platform supports DDOT’s management of complex urban transportation demands, ensuring drivers receive timely and accurate situational awareness across multiple communication channels.  

“The Delaware Department of Transportation (DelDOT) successfully demonstrated that Network Vehicle-to-Everything (V2X) solution systems are technically viable, scalable, and ready for broader deployment,” said Kerry Yost, P.E., Transportation Systems Operations Manager at DelDOT Transportation Solutions, Traffic Operations “ These systems can deliver low-latency, real-time traffic signal data to users, laying the groundwork for safer, smarter intersections and highways, and future connected vehicle applications.” 

Key LINX™ capabilities include: 

  • Unified communication across transportation management centers, connected vehicles, and traveler information platforms  
  • Real-time alerts for work zones, incidents, weather events, and emergency roadway conditions  
  • Interoperability with existing agency workflows and infrastructure  
  • Cloud or on-premises deployment options for regional or statewide scalability  
  • Secure communications enabled through Transport Layer Security (TLS)-based encryption and Security Credential Management System (SCMS) integration to ensure trusted data exchange. 

As connected vehicle ecosystems continue to expand nationwide, AV’s LINX™ platform positions agencies to support safer, smarter, and more responsive transportation networks while reducing manual operational burdens and improving information consistency across digital traveler channels. 

About AV 

AeroVironment (“AV”) (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo™, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com. 

Safe Harbor Statement 

Certain statements in this press release may constitute “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties, which could cause actual results to differ materially. Factors that may cause such differences include, but are not limited to, our ability to perform under existing contracts and obtain new ones; regulatory changes; competitor activities; market growth; product development challenges; and general economic conditions. For a more detailed discussion of these risks, please refer to AeroVironment’s filings with the Securities and Exchange Commission. We undertake no obligation to update forward-looking statements as a result of new information or future events. 

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For additional media and information, please follow us: 

Media Contact:  

BJ Koubaroulis  
pr@avinc.com 

703.718.4060 

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Denise Pacioni 

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805.795.4108 

 

 

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MILESTONES AT WHITE SANDS, Driscoll’s Test, The FAA and DoW’s Landmark Safety Agreement

Major paradigm shifts in defense do not announce themselves with fanfare. They show up as milestones. 

Last week, at White Sands Missile Range in New Mexico, Army Secretary Dan Driscoll climbed behind AV’s LOCUST®-powered vehicle and personally tested the Army’s directed-energy capability 

To some, it may have looked like a routine demonstration. For those of us who have spent our careers advancing laser weapon systems, it represents something far more significant: a turning point. 

For AV’s LOCUST-powered AMP-HEL system, the event marks another step toward a capability that is operational, deployable, scalable, and increasingly real in the minds of the Army and the American public alike. Lasers are no longer a future concept.  

They have arrived. 

Around the same time, another milestone at White Sands quietly arrived with far less attention. 

On April 10, the FAA and Department of War signed a landmark safety agreement creating a path for counter-drone laser systems to operate in coordination with civil aviation. This agreement followed another LOCUST-powered milestone, when the JIATF-401 tapped AV’s laser weapons system for testing at White Sands to help create the framework for that agreement.  

That agreement establishes where lasers can be used, how operators avoid conflicts with aircraft, and how these systems can be deployed safely and predictably 

That might sound bureaucratic. It is not. 

Together, those tests at White Sands, both Driscoll’s turn on the X-Box style controller and the FAA agreement, point to something larger: laser weapons are beginning to move from research and development to operational reality in broad daylight and on a wider scale. 

And history suggests this moment matters. 

America Wins When It Moves Technology Into Use 

The United States has always excelled at invention. But invention alone has never been the advantage. 

The internet emerged from defense-backed research. The space race created technologies that became foundational to the modern economy, from GPS to satellite communications. In every case, the pattern was the same: innovation mattered because America applied it, tested it, improved it, and scaled it. 

Which brings us to lasers. 

For years, the biggest obstacle to counter-drone laser systems was not the technology itself. It was the question of how to safely operate these systems in shared airspace. 

Since lasers interact directly with the atmosphere, legitimate concerns about aviation safety, sensor interference, and unintended exposure slowed broader operational use. 

That is why the FAA agreement matters so much. It represents a shift in the conversation from Can we make this technology work? to Can we deploy and scale it safely?  

And that shift is everything. 

The Jenny Lesson 

History offers a useful comparison. 

Most people assume American aviation dominance began with the Wright brothers. In truth, progress stalled after the Wright Flyer and Europe surged ahead. 

The turning point was not another invention. It was use. 

The Curtiss JN-4 “Jenny,” a relatively simple aircraft, flew real missions during General John J. Pershing’s expedition against Pancho Villa along the Southwest border. It was imperfect, but operational. And because it was operational, the United States gained trained personnel, institutional experience, and the foundation to scale aviation. 

By the time World War I arrived, America was no longer starting from zero. 

The lesson feels familiar. 

America invented the laser and has led directed-energy research for decades, from ABL and THEL to operational systems like LaWS. Yet, widespread deployment has lagged. We have proven concepts, but struggled to transition them into scalable capability. Meanwhile, competitors are moving quickly. 

Which is why these two moments at White Sands matter. 

When senior leaders are personally testing systems and regulatory frameworks begin to enable operational use, the conversation changes. The milestone is no longer scientific feasibility. It becomes operational adoption. 

What comes next is not another science project. 

It is demand. 

From Experimentation to Production 

A clear regulatory framework enables procurement. Procurement enables production. Production drives reliability, lower cost, stronger supply chains, and operational scale. 

This is how industries mature. 

Small drones are becoming cheaper, more capable, and more common. Homeland security, airspace protection, military installations, and critical infrastructure increasingly need affordable, scalable counter-drone defenses. 

Laser systems will not matter because they are novel, but because they become usable, trusted, and deployable. 

That is what milestones like White Sands and the FAA agreement may ultimately represent: the beginning of the transition from experimentation to production. 

The Window Is Open 

The United States still holds a strong position in directed energy, but history offers a warning: inventing a technology does not guarantee leadership in using it. 

Leadership comes from recognizing inflection points and acting on them. 

Driscoll’s White Sands test was a milestone. The FAA agreement was another. 

Neither milestone guarantees success. 

But together, they suggest something important: America may finally be building the conditions for laser systems to move from the lab to the field at scale.  

ABOUT THE AUTHOR  

Aaron Westman is an engineer and leader specializing in counter-UAS and directed energy systems. He has played a key role advancing mobile laser weapon integration and operational deployment, supporting a variety of cross-domain capabilities that improve precision engagement and layered air defense.  

JOIN THE AV MISSION  

AV isn’t for everyone. We hire the curious, the relentless, the mission-obsessed. The best of the best.  

We don’t just build defense technology—we redefine what’s possible. As the premier autonomous systems company in the U.S., AV delivers breakthrough capabilities across air, land, sea, space, and cyber. From AI-powered drones and loitering munitions to integrated autonomy and space resilience, our technologies shape the future of warfare and protect those who serve.  

Founded by legendary innovator Dr. Paul B. MacCready, Jr., AV has spent over 50 years pushing the boundaries of what unmanned systems can do. Our heritage includes seven platforms in the Smithsonian—but we’re not building history, we’re building what’s next.  

If you’re ready to build technology that matters—with speed, scale, and purpose—there’s no better place to do it than AV.  

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AV to Expand Advanced Production Capabilities in Dayton Area

06/02/2026

State and regional incentives support phased manufacturing growth and job creation 

DAYTON, Ohio — June 2, 2026 — AeroVironment, Inc. (“AV”) (NASDAQ: AVAV), a global defense technology leader, today announced plans to invest $15 million to expand advanced production capabilities in Greene County, Ohio, near Dayton.  

Today marked a significant step forward in AV’s Dayton expansion as $7 million of the company’s total investment was approved by the Ohio Tax Credit Authority. 

The expansion strengthens AV’s domestic manufacturing footprint and supports continued growth across critical defense programs, including advanced biotechnology manufacturing in support of the Air Force Research Laboratory (AFRL) in Dayton. 

AV will expand project sites in the City of Beavercreek and City of Xenia adding approximately 44,000 square feet designed to support pilot-scale and mid-volume production of advanced biotechnology materials and components. The sites will enable specialized manufacturing, integration, and testing activities aligned with national security priorities, positioning AV to help meet growing demand across the Department of War’s critical technology list for scalable biomanufacturing capabilities and mission-critical systems. 

“Dayton and the surrounding community is where some of the nation’s most important advanced research and defense innovation is happening, and proximity to the customer matters,” said Wahid Nawabi, Chairman, President, and Chief Executive Officer at AV. “Being close to AFRL and the broader defense innovation ecosystem allows our teams to collaborate faster, transition technology more rapidly, and deliver advanced capabilities directly aligned with mission needs.” 

Through a cooperative effort with JobsOhio and the Ohio Department of Development, the expansion project is expected to create 200 new jobs and generate an estimated $28 million per year in regional economic impact, building on AV’s existing footprint in the Dayton area.  

AV’s investment will be supported by a performance-based incentive package led by the State of Ohio, including assistance through JobsOhio, tied to verified job creation and operational milestones. Additional state and regional incentives under consideration include refundable job-creation tax credits and workforce development support. 

“AV’s decision to expand in Greene County is another powerful signal that Ohio is the place where America’s most advanced aerospace and defense companies can thrive,” said Ohio Governor Mike DeWine. “From Wright-Patterson Air Force Base and the AFRL to the skilled men and women at work in Dayton every day, Ohio provided the strategic advantage and partnerships to bring these 200 new, mission-critical jobs to its cutting-edge facility.” 

The expansion will initially support pilot-scale production, with the flexibility to scale into a full-rate manufacturing facility as demand increases. The facilities have been purpose-designed to accommodate future growth in both workforce and production capacity without disrupting ongoing operations. 

The Ohio expansion follows several recent AFRL contract wins for AV, including: 

  • $25 million award focused on accelerating human performance and biotechnology capabilities for warfighter readiness.  
  • $20 million award to accelerate development of next-generation ceramic materials 

AV’s Greene County expansion reinforces its strategy to scale domestic manufacturing and skilled talent while leveraging Ohio’s strong aerospace and defense ecosystem to rapidly build, test, and field advanced technologies with key proximity to nearby Wright-Patterson Air Force Base and the AFRL. 

The expansion builds on AV’s broader strategy to strengthen domestic manufacturing capacity, enhance supply-chain resilience, and invest in highly skilled technical workforces across the United States.  

AV recently announced a $30 million expansion in Albuquerque, New Mexico, establishing a vertically integrated, next-generation manufacturing campus expected to generate more than $670 million in economic impact over the next decade, create more than 450 high-wage jobs, and increase production of mission-critical defense and space technologies.  

AV also recently announced a $20.2 million expansion of its Huntsville, Ala. facility to support Low-Rate Initial Production and future Full-Rate Production of Freedom Eagle-1 (FE-1) in order to support urgent U.S. Army and Combatant Command operational needs while advancing AV’s broader strategy of innovation, scale, and national security. 

“AV’s expansion in Beavercreek and Xenia is a vote of confidence in Ohio’s skilled manufacturing workforce, world-class aerospace and defense innovation sector, and our ability to help great companies move from prototype to production with speed and precision,” said JobsOhio President and CEO J.P. Nauseef. “This investment deepens AV’s commitment to the Dayton region and reinforces what we hear from companies every day: Ohio is the right place to build the next generation of national security technology.” 

WHAT THEY’RE SAYING 

“Dayton has always been a city that knows how to build, innovate, and deliver for the nation,” said Johnathan Jones, Senior Vice President of the Cyber and Mission Solutions Group at AV. “With its deep engineering heritage, proximity to AFRL, and one of the most skilled technical workforces in the country, this region is uniquely positioned for advanced defense manufacturing. AV’s investment reinforces that Dayton is not just a place to do business — it’s a place to grow, scale, and build the future of national security technology.” 

“This expansion strengthens AV’s ability to scale advanced technologies from research and development into operational production at the speed our customers require,” said Mary Clum, President of the Space, Cyber and Directed Energy Segment at AV. “By expanding our manufacturing and integration capabilities in Ohio, we are investing in the infrastructure, talent, and regional partnerships needed to accelerate innovation and deliver next-generation capabilities that support critical national security missions.” 

“These expansions come as the federal government continues to emphasize the importance of defense contractors investing in domestic facilities, resilient supply chains, speed of delivery, and skilled workforces,” said Church Hutton, Chief Growth Officer at AV. “AV’s Ohio growth reflects this national priority and positions the company to meet accelerating demand across defense, aerospace, and space markets.” 

“AV’s commitment to establish advanced biomanufacturing production operations in the Dayton Region fits perfectly with the region’s strong defense and manufacturing sectors and brings an opportunity for our regional workforce to be on the leading edge of an exciting new technology,” said Jeff Hoagland, President and CEO of the Dayton Development Coalition. “We stand ready to support AV’s growth in our community and know the company has a bright future here.” 

“As Chairman of the Senate Workforce Development Committee, I am excited about this new expansion of AV in both their Beavercreek and Xenia facilities,” said State Sen. Kyle Koehler, Ohio Senate District 10. “This is exactly what we want to see happening all across Ohio as we work on HB 292 in my committee. The Ohio Defense and Space Advisory Commission will help Ohio, and especially, Greene County, to attract technology companies that offer advanced and high paying jobs.” 

“AV’s expansion reinforces the fact that the Dayton region is at the heart of the national aerospace, defense, and research ecosystems,” said Congressman Mike Turner (Ohio’s 10th District). “The Miami Valley offers an unmatched convergence of talent, research infrastructure, and defense expertise. Nowhere else in the country can claim such deep roots in aerospace and defense innovation, or such a direct line to the institutions driving it forward. AV’s investment is the latest proof that Dayton and Ohio remain at the center of it all.”  

“I am delighted to hear about AeroVironment’s expansion here in Beavercreek, Ohio,” said State Representative Brian Lampton (R-Beavercreek). “Our efforts in the Ohio legislature to reduce burdensome regulations and provide an improved and predictable business climate through the Business First Caucus continues to attract these fantastic employment opportunities for our region.” 

“AV’s investment brings good jobs, supports local families, and strengthens our economy,” said State Representative Levi Dean. “It also helps Ohio continue supporting the men and women who serve our country. We’re proud of our hardworking community and the opportunities this brings to Greene County.” 

About AV 

AeroVironment (“AV”) (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo™, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com. 

About JobsOhio 

JobsOhio, Ohio’s private nonprofit economic development corporation, enhances company growth and personnel development through business attraction, retention, and expansion across ten competitive industry sectors. With a team of seasoned professionals, JobsOhio utilizes a comprehensive network to foster talent production in targeted industries and attract talent through Find Your Ohio. Collaborating with seven regional partners, including Dayton Development CoalitionLake to River Economic DevelopmentOhio Southeast Economic DevelopmentOne ColumbusREDI CincinnatiRegional Growth Partnership, and Team NEO, JobsOhio delivers world-class customer service to provide companies with a competitive advantage. Learn more at www.jobsohio.com. Follow us on LinkedInTwitter and Facebook 

Safe Harbor Statement 

Certain statements in this press release may constitute “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties, which could cause actual results to differ materially. Factors that may cause such differences include, but are not limited to, our ability to perform under existing contracts and obtain new ones; regulatory changes; competitor activities; market growth; product development challenges; and general economic conditions. For a more detailed discussion of these risks, please refer to AeroVironment’s filings with the Securities and Exchange Commission. We undertake no obligation to update forward-looking statements as a result of new information or future events. 

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AV Awarded $20 Million Contract to Advance Ceramic Materials Research for the U.S. Air Force and Space Force

05/28/2026

BJ Koubaroulis, Corporate Communications Specialist

ARLINGTON, Va. – May 28, 2026 – AeroVironment, Inc. (“AV”) (NASDAQ: AVAV), a global leader in defense technology innovation, today announced it has been awarded a $20 million Ceramics Advanced Materials and Processes (CAMP) contract by the Air Force Research Laboratory (AFRL) Materials and Manufacturing Directorate to advance next-generation ceramic and ceramic matrix composite materials (CMCs) for extreme aerospace and defense applications supporting the U.S. Air and Space Forces. 

Under the 39-month contract, AV’s materials experts will partner with AFRL scientists and engineers at Wright-Patterson Air Force Base in Dayton, Ohio, to accelerate development, field advanced capabilities faster, and strengthen mission readiness while reducing lifecycle costs. The team will apply advanced additive manufacturing, three-dimensional (3D) printing, and sensor integration techniques to create lightweight, thermally resilient structures—such as high speed aerodynamic vehicles, turbine engines, rocket propulsion systems, transparent armor, thermal-protection tiles, and nozzle extensions—designed to perform in the most extreme environments. 

“CAMP represents a vital investment in technologies that will preserve America’s advantage across air and space domains,” said Johnathan Jones, Senior Vice President of Cyber and Mission Solutions at AV. “By advancing the next generation of high-temperature materials and manufacturing processes, we will deliver capabilities that enhance mission readiness, extend operational endurance, and strengthen the technological superiority of our Air and Space Forces.” 

Research conducted under the CAMP program will advance next-generation ceramics through precursor synthesis and processing, novel fabrication and design methods, microstructural characterization, and advanced modeling to better predict performance and durability. The effort will span the full lifecycle of material innovation, integrating embedded sensors for real-time health monitoring and developing multifunctional ceramics for aerospace, space, energy, and defense applications—from satellite propulsion and helicopter armor to ultra-efficient energy systems and advanced sensors. 

“Collaborations with our customers are at the heart of what we do,” said Dr. John Hogan, Vice President of Defense and Interagency Service at AV. “Through the CAMP program, we’re not just developing better ceramics—we’re creating the materials foundation for the future of flight and space operations. This collaboration ensures our research directly supports mission readiness, durability, and operational effectiveness for the Air and Space Forces.” 

About AV 

AeroVironment (“AV”) (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo™, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com. 

Safe Harbor Statement 

Certain statements in this press release may constitute “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties, which could cause actual results to differ materially. Factors that may cause such differences include, but are not limited to, our ability to perform under existing contracts and obtain new ones; regulatory changes; competitor activities; market growth; product development challenges; and general economic conditions. For a more detailed discussion of these risks, please refer to AeroVironment’s filings with the Securities and Exchange Commission. We undertake no obligation to update forward-looking statements as a result of new information or future events. 

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AV Expands Huntsville Facility to Accelerate Production of Next-Generation Freedom Eagle-1 Interceptor

05/26/2026

BJ Koubaroulis, Corporate Communications Specialist

Facility expansion positions AV to scale production, accelerate fielding, and provide cost-effective defense against mass aerial threats 

ARLINGTON, Va., May 26, 2026 – AeroVironment, Inc. (“AV”) (NASDAQ: AVAV), a global defense technology leader, today announced an additional government investment of $20.2 million in AV’s Huntsville, Alabama facility to increase quantities of Low-Rate Initial Production (LRIP) and accelerate future Full-Rate Production (FRP) of the Next-Generation Counter-Unmanned Aircraft System Missile (NGCM), known as Freedom Eagle-1 (FE-1). 

The expanded site will serve as the system-level integration, manufacturing, and production hub for FE-1, enabling rapid scale-up of interceptor production and accelerated delivery timelines to meet urgent U.S. Army and Combatant Command operational needs.  

The 24,000-square-foot expansion and associated job growth in Huntsville reflect AV’s continued investment in meeting evolving national security demands for subsonic missiles while strengthening cost-effective production capacity, driving innovation, and supporting on-time delivery. 

“Growing our presence in Huntsville places AV more firmly at the center of the Army’s air and missile defense ecosystem, enabling tighter integration, faster iteration, and more efficient production at scale,” said Wahid Nawabi, Chairman, President and Chief Executive Officer at AV. “That proximity is critical as we begin production of Freedom Eagle-1, a system designed to deliver a scalable, cost-effective response to increasingly complex and high-volume aerial threats.” 

The investment builds on AV’s recent selection and $95.9 million contract award under the U.S. Army’s NGCM and Long-Range Kinetic Interceptor (LRKI) programs, executed through the U.S. Army Combat Capabilities Development Command Aviation & Missile Center (CCDC AvMC) and the Aviation & Missile Technology Consortium (AMTC), and marks the next phase in transitioning Freedom Eagle-1 from development to scaled production and operational fielding. 

In March, AV announced a $97 million contract to design and integrate prototype test environments for next-generation missile defense sensor testing at Redstone Arsenal — a Huntsville-based federal center that is home to more than 70 organizations, including NASA, the FBI, Missile Defense Agency, Army Program Acquisition Executive Fires, and the future U.S. Space Command headquarters. 

“This expansion is a critical step in scaling production of Freedom Eagle-1 and accelerating its delivery to the field,” said Jimmy Jenkins, Executive Vice President of AV’s Precision Strike and Defense Systems Group. “By increasing manufacturing capacity, strengthening integration, and enabling production at volume, we’re delivering a cost-effective interceptor designed to counter increasingly complex and high-volume aerial threats.” 

Freedom Eagle-1 is designed to address these challenges with a combination of performance and affordability. The system is a low-cost, high-performance interceptor capable of neutralizing Groups 2 and 3 UAS while maintaining residual capability against Group 1 UAS, fixed-wing, and rotary-wing aircraft, with increased lethality, extended range, and rapid launch capabilities. 

The system has achieved several key development milestones, including a successful live-fire demonstration of its dual-thrust solid rocket motor, controlled test vehicle launches, and warhead testing, demonstrating technical maturity and reduced risk as the program transitions toward field deployment. 

“As the nation’s defense and security demands increase, it is crucial that we meet capability needs, and there is no better place for AV’s expansion as Alabama continues to lead in defense manufacturing and innovation,” said Congressman Robert Aderholt (AL-04). 

The expansion in Huntsville also reflects AV’s broader strategy to scale domestic manufacturing capacity, following a recent announcement of a $30 million expansion of its Albuquerque, New Mexico campus, a move that is expected to generate more than $670 million in economic impact over the next decade, create more than 450 high-wage jobs, and boost production of mission-critical defense and space technologies. 

About AV 

AeroVironment (“AV”) (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo™, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com. 

Safe Harbor Statement 

Certain statements in this press release may constitute “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties, which could cause actual results to differ materially. Factors that may cause such differences include, but are not limited to, our ability to perform under existing contracts and obtain new ones; regulatory changes; competitor activities; market growth; product development challenges; and general economic conditions. For a more detailed discussion of these risks, please refer to AeroVironment’s filings with the Securities and Exchange Commission. We undertake no obligation to update forward-looking statements as a result of new information or future events. 

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AV Expands AV_Halo™ Platform with INSTINCT and DETECT to Enable Faster, Resilient Decision-Making at the Edge

05/19/2026

BJ Koubaroulis, Corporate Communications Specialist

Extending AV_Halo with distributed autonomy and resilient RF sensing to enable faster decisions and mission execution in denied environments 

ARLINGTON, Va., May 19, 2026 — AeroVironment, Inc. (“AV”) (NASDAQ: AVAV), a global defense technology leader, today announced the two latest additions to its AV_Halo™ unified mission software platform: AV_Halo INSTINCT, a next-generation autonomy framework for multi-platform uncrewed systems (UxS), and AV_Halo DETECT, an advanced radio frequency (RF) sensing and security solution for contested and denied environments. 

The announcement was made today at SOF Week in Tampa, Florida, where defense leaders and special operations forces are focused on advancing capabilities for contested, multi-domain operations. 

Together, INSTINCT and DETECT expand AV_Halo’s role as a modular, open-architecture ecosystem, delivering synchronized autonomy, resilient sensing, and faster, more informed decision-making across intelligence, surveillance, and reconnaissance (ISR), loitering, strike, and counter–Unmanned Aircraft System (C-UAS) missions. 

“In an era of contested communications and proliferated autonomy, advantage goes to the force that can decide and act faster at the edge,” said Wahid Nawabi, Chairman, President, and Chief Executive Officer at AV. “INSTINCT and DETECT fundamentally change that equation, combining distributed autonomy with resilient sensing so forces can see earlier, decide with confidence, and execute in real time, even when networks are degraded or denied. This is about compressing the time from detection to action while preserving mission effectiveness in the most challenging environments.” 

AV_Halo INSTINCT is a next-generation autonomy software framework engineered to empower military forces with superior multi-platform Uncrewed System (UxS) command and control (C2). Designed with rigorous input from operational experts, INSTINCT delivers distributed, collaborative mission execution for new and legacy platforms across Intelligence, Surveillance, and Reconnaissance (ISR), loitering, counter- Uncrewed Aircraft System (C-UAS) and precision strike profiles with C2 integration. 

Benefits of INSTINCT: 

  • Reduces operator workload, enabling focus on mission intent over platform control  
  • Natural language tasking for faster, more intuitive command and control  
  • Integrates with AV_Halo MENTOR to accelerate training and Tactics, Techniques, and Procedures (TTP) development with realistic, multi-level simulation 
  • Modular, MOSA-based architecture for rapid integration and deployment on SWaP-C constrained systems  
  • Mission-proven performance in major U.S. military operations across contested, multi-domain environments 

AV_Halo DETECT is a breakthrough RF spectrum sensing and networking software suite designed to empower both new and legacy unmanned platforms with advanced communications and mission autonomy. It is engineered with the mission-critical demands of distributed Intelligence, Surveillance, and Reconnaissance (ISR), loitering, and precision strike operations in mind. DETECT seamlessly integrates with AV_Halo COMMAND, enabling rapid autonomous response informed by real-time threat perception, even in the most challenging and contested environments. 

Benefits of DETECT: 

  • AI-driven RF Detection enables automatic threat identification and location 
  • Scalable, layered security that complements and enhances existing perimeter systems  
  • Resilient under electronic attack, maintaining detection, comms, and localization  
  • Seamless integration with radar, cameras, access control, and C2 systems  
  • Fills gaps in legacy security architectures for true defense-in-depth  
  • Enterprise-ready, with support, training, and customization to scale with mission needs 

“INSTINCT and DETECT reflect a shift toward integrated autonomy and sensing within a single, open ecosystem,” said Scott Bowman, Chief Technology Officer and Vice President of Global Engineering at AV. “By distributing intelligence across platforms and delivering a resilient RF picture of the battlespace, we enable customers to integrate faster, adapt tactics rapidly, and maintain operational advantage.” 

Today’s announcement comes less than six months after AV rolled out CORTEX and MENTOR and less than a year since AV released the software suite with COMMAND, PINPOINT and VISION modules. 

As AV continues to expand the platform with additional mission applications, simulation, and intelligence services, AV_Halo is designed to scale with evolving mission requirements and integrate seamlessly across joint, allied, and commercial systems. 

Both AV_Halo INSTINCT and AV_Halo DETECT are available today and can be tailored to specific platforms, sensors, and operational environments. 

About AV  

AV (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo™, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com. 

Safe Harbor Statement 

Certain statements in this press release may constitute “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties, which could cause actual results to differ materially. Factors that may cause such differences include, but are not limited to, our ability to perform under existing contracts and obtain new ones; regulatory changes; competitor activities; market growth; product development challenges; and general economic conditions. For a more detailed discussion of these risks, please refer to AeroVironment’s filings with the Securities and Exchange Commission. We undertake no obligation to update forward-looking statements as a result of new information or future events. 

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Why We Created MAYHEM 10—and What the Battlefield Now Demands

05/18/2026

By Brian Young, Senior Vice President of Loitering Munitions 

For most of the last two decades, the question in precision strike has been straightforward: can you find and hit the target? 

That standard didn’t just influence a category, it defined it. It laid the foundation for systems like Switchblade®, the weapon that wrote the loitering munition playbook and invented an entirely and way of thinking. 

But the battlefield has changed. 

Today, the challenge isn’t just hitting a target. It’s understanding what that target is, how it’s behaving, what else is happening around it, and then deciding, in real time, what effect actually makes sense. In many cases, destruction isn’t the first or even the best option. 

What we’re seeing now is a gap between how quickly threats are evolving and how rigid many systems still are. Threats are more dynamic, more distributed, and more difficult to detect. They operate in contested and denied environments, often without reliable GPS, and they evolve faster than traditional systems can adapt. 

At the same time, many U.S. and partner platforms remain locked into a single mission, configured and deployed with a fixed outcome in mind. Which forces operators to commit early, often before they have the full picture, and limits their ability to adjust when the situation inevitably changes. 

That’s the problem we set out to solve. 

We created MAYHEM 10 because the battlefield now demands flexibility at a level that hasn’t existed in this category before. It’s not just about delivering an effect, it’s about tailoring that effect to the threat, in real time, as the mission unfolds. 

MAYHEM 10 is the first system in a new product line built around that idea. At its core, it’s a multi-role launched effect designed to give operators options. Not just the ability to strike, but to observe, detect, disrupt, deceive, relay communications, and, when required, apply kinetic force. 

That may sound like a simple expansion of capability, but it’s actually a shift in how these systems are designed and employed. 

The key difference is that MAYHEM 10 isn’t just a munition. It’s an architecture. 

We built it as an open, modular system from the beginning. That allows us to integrate multiple payloads like EO/IR sensors, electronic warfare packages, communications relays, and lethal effects onto a single platform. It also allows us to bring in third-party software and autonomy much more quickly, treating capability more like an application than a fixed feature set. 

In practical terms, that means a single system can launch, navigate into a contested environment, detect signals, identify targets, and determine the appropriate response, all within the same mission profile. 

And importantly, it can do that at meaningful operational distances—on the order of 100 kilometers with up to 50 minutes of endurance, while maintaining standoff from the threat. 

Where this truly changes the equation is when MAYHEM 10 operates in a pack.  

There’s a lot of discussion right now around “swarming.” I think that term misses the point. What matters isn’t just putting more systems in the air. It’s creating coordinated, collaborative effects that actually solve the mission. 

With MAYHEM 10, we’re focused on collaborative attack and on systems that communicate, share information, and dynamically assign roles in real time. 

That allows a team of systems to operate very differently than anything we’ve seen before. 

One system might be focused on signal detection. Another might classify and confirm a target using onboard sensors and AI-enabled targeting. A third might carry the appropriate effect, kinetic or non-kinetic, and execute at the right moment. And because they’re connected through a secure mesh network, they can adjust roles as the situation changes. 

That’s the real advantage. 

It’s not just mass. It’s intelligent mass, where every system contributes to the mission in a coordinated way. 

That coordination also compresses the sense-decide-act loop. Instead of passing information between disconnected systems, decisions can be made within the network itself, at machine speed, while still keeping the operator in control of how autonomy is applied. 

This is especially important in contested environments. 

We’ve designed MAYHEM 10 to operate where GPS may be denied and communications are challenged. By combining onboard processing, alternative navigation approaches, and adaptable data links, the system can continue to function even as conditions degrade. 

At the same time, the architecture allows us to rapidly integrate new technologies as they emerge, whether that’s improved autonomy, better sensors, or more advanced electronic warfare capabilities. The system isn’t locked into what it was at launch. It evolves. 

That speed of adaptation is critical. 

If there’s one clear lesson from recent conflicts, it’s that timelines have compressed dramatically. Capabilities are evolving in weeks, not years. Systems that can’t keep up become obsolete quickly. 

We built MAYHEM 10 to operate on that timeline. 

It’s modular in production, which means we can configure systems late in the process based on mission needs. It’s designed for scalable manufacturing, ultimately reaching Low-Rate Initial Production by Fall of 2026 with the ability to scale to hundreds per month by the first half of 2027. And it’s built to accept updates in the field, so capability can continue to improve after deployment. 

At the same time, none of this matters if the system isn’t reliable. 

One of the most important lessons we’ve learned over the past 20 years is that reliability is a capability. It’s what allows you to scale. It’s what builds trust with the operator. And it’s what ensures that when a system is called upon, it performs exactly as expected. 

We’ve taken that foundation, everything we’ve learned from developing and deploying loitering munitions at scale and built it into MAYHEM 10. 

What we’re ultimately delivering is not just a new system, but a new way of thinking about this category. 

The future isn’t about single-purpose platforms. It’s about multi-mission systems that can adapt to a wide range of scenarios. It’s about software-defined capability that evolves over time. And it’s about coordinated systems that can operate together to create effects greater than the sum of their parts. 

The battlefield is only getting more dynamic. 

The systems that succeed won’t be the ones that hit the hardest. They’ll be the ones that adapt the fastest, coordinate the smartest, and deliver the right effect at the right moment. 

That’s why we created MAYHEM 10. 

ABOUT THE AUTHOR 

Brian Young is Senior Vice President of Loitering Munitions at AeroVironment, where he leads the company’s portfolio of precision strike and launched effects systems, including the combat-proven Switchblade® family and next-generation platforms such as MAYHEM 10. With more than two decades of experience in aerospace and defense, he specializes in advancing autonomous systems, scalable production, and mission-adaptable capabilities for modern warfare.  

He has played a central role in evolving loitering munitions from single-purpose systems into flexible, multi-mission solutions that support distributed operations across air, ground, and maritime domains. 

JOIN THE AV MISSION 

AV isn’t for everyone. We hire the curious, the relentless, the mission-obsessed. The best of the best. 

We don’t just build defense technology—we redefine what’s possible. As the premier autonomous systems company in the U.S., AV delivers breakthrough capabilities across air, land, sea, space, and cyber. From AI-powered drones and loitering munitions to integrated autonomy and space resilience, our technologies shape the future of warfare and protect those who serve. 

Founded by legendary innovator Dr. Paul B. MacCready, Jr., AV has spent over 50 years pushing the boundaries of what unmanned systems can do. Our heritage includes seven platforms in the Smithsonian—but we’re not building history, we’re building what’s next. 

If you’re ready to build technology that matters—with speed, scale, and purpose—there’s no better place to do it than AV. 

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AV Awarded $43M DoW Contract to Integrate PANTHER Phased Array Antenna on SkyRange Platforms for Hypersonic Telemetry

05/12/2026

ARLINGTON, Va., May 11 2026 — The Department of War (DoW) Test Resource Management Center (TRMC) has awarded AeroVironment (“AV”) (NASDAQ: AVAV), the leader in all-domain defense technologies, a three-year, $43M contract to integrate its PANTHER (Phased Array Next-gen Telemetry Hypersonic Emitter Receiver) phased array antenna system on DoW SkyRange platforms. This program will enhance the nation’s weapons testing capabilities and accelerate testing timelines by delivering rapidly deployable antenna systems to track multiple targets simultaneously. 

“As near-peer threats evolve and global tensions rise, our country is developing the technologies required to maintain military dominance–and the next-generation tracking and telemetry tools to support them,” said Mary Clum, President of AV’s Space, Cyber & Directed Energy segment. “Alongside our customers at TRMC and across the War Department, AV is transforming the nation’s security testing infrastructure with defense tech innovation to address growing threats.” 

PANTHER creates a scalable, reconfigurable antenna that supports multi-band, multi-target tracking for various missions and test scenarios. The all-digital framework facilitates autonomous operation along with remote access and control. PANTHER is agile, modular, and platform agnostic–delivering a significant increase in efficacy with a reduced footprint as compared to traditional parabolic dish systems currently used to test long-range missiles. Integrating PANTHER on DoW SkyRange platforms provides a mobile, rapidly deployable air-based solution to track multiple targets. 

SkyRange is a DoW TRMC initiative that leverages high-altitude, long-endurance unmanned aircraft outfitted with advanced telemetry, communications, and data-collection payloads to create a more flexible, airborne test infrastructure. 

“PANTHER provides a reliable, efficient method for gathering the critical data needed for long-range missile testing,” said Dr. Satya Ponnaluri, Vice President of Hypersonic RF and Radar at AV. “Ultimately, this multi-band, multi-target tracking technology will allow for more frequent testing cycles and faster weapons development timelines for our nation–neutralizing global threats and maintaining our strong national security posture.” 

This program builds upon AV’s proven experience in delivering transformative testing capabilities–drastically reducing technical risks, development costs, and delivery timelines. AV continues to integrate PANTHER on DoW SkyRange platforms at GrandSKY in Grand Forks, North Dakota. The team is collaborating with the state of North Dakota and Bismarck State College to develop a certification program that will train technicians and build a highly-skilled workforce pipeline in support of PANTHER operation and maintenance at GrandSKY.  

About AV  

AV (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo™, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com. 

Safe Harbor Statement 

Certain statements in this press release may constitute “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties, which could cause actual results to differ materially. Factors that may cause such differences include, but are not limited to, our ability to perform under existing contracts and obtain new ones; regulatory changes; competitor activities; market growth; product development challenges; and general economic conditions. For a more detailed discussion of these risks, please refer to AeroVironment’s filings with the Securities and Exchange Commission. We undertake no obligation to update forward-looking statements as a result of new information or future events. 

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News

The Strait of Hormuz is Showing us Why Mine Countermeasures Must Evolve for a Contested Maritime Fight

05/11/2026

By Chris Gibson, Eric Wirstrom, VideoRay, an AV company 

The Strait of Hormuz has a way of clarifying priorities. 

When maritime traffic slows, reroutes, or halts altogether, the global economy feels it almost immediately. Beneath the headlines about tankers and geopolitics is a quieter, more consequential reality: securing contested waters quickly and at range is becoming increasingly difficult. 

The problem with mine countermeasures (MCM) today is not that they don’t work. 

It’s that they take too long and requires operators to be too close to mines and adversaries. 

In a permissive environment, that tradeoff has been acceptable. In a contested maritime battlespace like the Strait of Hormuz, it is not. 

Some 20 percent of the world’s oil transits the Strait, and even small disruptions to the chokepoint ripple globally. America needs the tools to clear that chokepoint in the face of adversary opposition. The operational requirement is plain: before ships can move safely, someone has to clear the water. 

And today, that process is measured in time, risk, and proximity. 

Mine countermeasures have historically followed a sequential model.  

  1. Search wide areas.
  2. Identify potential threats. 
  3. Return to reacquire them. 
  4. Determine whether they are dangerous. 
  5. Neutralize them.  

It is a disciplined, proven approach, but inherently slow. Each step depends on the last. Each step introduces delay. 

In contested waters, time and proximity are risks.  

But there’s more to consider, like reach. 

Traditional MCM operations require ships, divers, and crews to operate in or near the threat area. Proximity to the threat limits how far operations can extend without escalating risk. 

Our predecessors thought to solve the MCM problem by increasing the speed of clearance, reducing time in threat envelope. We propose an alternative: doing it without having to be there at all. 

That is the shift now underway, and it’s how our team at VideoRay is approaching the future of undersea autonomy.  And it’s why we built our most advanced unmanned underwater vehicles (UUV), like Mission Specialist Wraith. 

The future of mine countermeasures is moving toward a fundamentally different model: single-sortie detect to engage, or SSDTE. But this time we want to execute SSDTE over the horizon. 

Instead of breaking the mission into separate phases across multiple platforms, the objective is to complete the entire sequence, detection, identification, and neutralization, in one continuous operation using a system of systems. No return to base. No handoff between teams. No delay between finding a threat and acting on it. 

These are the keys to compressing time on station.  

Current autonomous capabilities push mine hunting beyond the 300 feet a human diver can operate to ROV-enabled missions at 300 meters, which improves identification and neutralization confidence and increases clearance rates while reducing risk to both mission and force. 

This is a key to extending operational reach.  

Together, these two shifts, compressing time and extending operational reach, change the equation entirely. What once required multiple missions and close human involvement can now be executed remotely, continuously, and at scale. 

But enabling this model requires solving a problem that has historically been taken for granted: communications. 

Traditional subsea operations rely on high-bandwidth, low-latency links. In contested environments, those links are often degraded, intermittent, or unavailable altogether. The legacy approach—an operator controlling a vehicle in real time—does not translate over the horizon. 

The solution is not simply better connectivity. 

It is greater autonomy — enabling a shift from Human in the Loop, where operators directly control semi-autonomous systems, to Human on the Loop, where fully autonomous systems execute the mission under supervisory oversight. 

Modern systems are being designed to operate with a level of independence that allows them to execute critical tasks without continuous human control. A vehicle can be deployed into an area, navigate to a target, and conduct inspection autonomously. It can then report back, allowing an operator to make a determination and authorize the next step, whether that is further investigation or neutralization. 

The human remains in control of the decision. 

The system takes on the burden of execution. 

This shift from manual control to supervisory control is what makes over-the-horizon operations viable. It allows missions to continue despite degraded communications while preserving the judgment and accountability that human operators provide. 

The result is a new operational model defined not just by speed, but by compressed time in the detect-to-engage sequence, delivering greater operational reach, reduced risk to mission and force, and higher confidence in clearance outcomes. This is not just an improvement in capability; it is a redefinition of presence. 

The operator no longer has to be co-located with the problem. The mission can be executed forward, while decision-making remains removed from risk. 

And critically, this model is not tied to a single platform or system. It is built as a system of systems—modular, interoperable, and platform-agnostic. The mission dictates the configuration, allowing different technologies to integrate and operate as a unified whole. 

That flexibility is essential in a domain where conditions change rapidly, and no single solution fits every scenario. 

While these advancements are being driven by defense requirements, their implications extend well beyond military operations. Offshore energy companies and subsea infrastructure providers face many of the same challenges: limited access, high operational costs, and risk to personnel. The ability to deploy smaller, autonomous systems from unmanned platforms offers a path to greater efficiency and expanded capability without the overhead of traditional approaches. 

In both cases, the trajectory is clear. 

Greater emphasis on outcomes over process. 

The Strait of Hormuz is not an isolated incident. It is a preview of a maritime environment where access is contested, time is compressed, and distance matters. 

In that environment, the advantage will not go to the side with the most manned assets in the water. 

It will go to the side that can act fastest, and from farthest away. 

Because beneath the surface, the problem is no longer just clearing threats. 

It is doing so without delay, and without being there at all. 

ABOUT THE AUTHORS 

Chris Gibson is Chief Executive Officer of VideoRay, a subsidiary of AV and a global leader in underwater robotic systems. A more than 20-year veteran of the company, he has helped drive innovation in modular, mission-ready ROV technology supporting defense, offshore energy, and critical infrastructure operations worldwide. 

Eric Wirstrom is Vice President of Sales & Business Development at VideoRay and a former U.S. Navy leader in autonomous and remotely operated systems for diving, salvage, and explosive ordnance disposal, with deep experience shaping operational concepts, requirements, and resourcing for maritime robotics and subsea mission execution. 

JOIN THE AV MISSION 

AV isn’t for everyone. We hire the curious, the relentless, the mission-obsessed. The best of the best. 

We don’t just build defense technology—we redefine what’s possible. As the premier autonomous systems company in the U.S., AV delivers breakthrough capabilities across air, land, sea, space, and cyber. From AI-powered drones and loitering munitions to integrated autonomy and space resilience, our technologies shape the future of warfare and protect those who serve. 

Founded by legendary innovator Dr. Paul B. MacCready, Jr., AV has spent over 50 years pushing the boundaries of what unmanned systems can do. Our heritage includes seven platforms in the Smithsonian—but we’re not building history, we’re building what’s next. 

If you’re ready to build technology that matters—with speed, scale, and purpose—there’s no better place to do it than AV. 

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