Press Release

AV and SNC Announce Strategic Partnership to Deliver Golden Dome for America “Limited Area Defense” Architecture

08/07/2025

AV and SNC Announce Strategic Partnership to Deliver Golden Dome for America “Limited Area Defense” Architecture

ARLINGTON, Va., August 7, 2025 – AeroVironment, Inc. (“AV”) (NASDAQ: AVAV), a global defense technology leader delivering integrated capabilities across air, land, sea, space and cyber, and SNC, the global aerospace and national security company known for its elite mission systems integration expertise, today announced a strategic partnership to align multi-domain capabilities to define and build the next generation of integrated, open architecture air & missile defense in support of the Golden Dome for America (GDA).

“The Trump Administration understands what has been a long-held belief within the defense industry –there is an immediate and critical need for a layered system that provides a last line of defense to protect America against current threats and next-generation aerial attacks from near-peer and rogue nations,” said Wahid Nawabi, AV Chairman, President and Chief Executive Officer. “Together, AV and SNC can rapidly provide novel and affordable defensive solutions, ensuring unmatched limited area ‘under-dome’ protection for critical U.S. infrastructure.”

AV and SNC are building a proven industrial base team focused on providing comprehensive, layered defenses within GDA, that shield specific, limited-area, high-value locations, such as bases, ships, airfields or critical infrastructure, but then can extend its range as new sensors and interceptors are brought online, particularly from space. AV and SNC are integrating and aligning existing, open architecture solutions using passive and active sensing, radio frequency, directed energy, kinetic energy, electronic warfare and cyber solutions, addressing the complete kill chain to neutralize group 1-4 unmanned aerial systems (UAS), advanced cruise missiles and other next-generation aerial threats. Additionally, SNC sister company, Sierra Space, and AV are exploring synergies to address critical GDA challenges.

“An ambitious, next-generation shield that protects the American homeland from more complex threats requires industry ingenuity and collaboration on par with the Manhattan Project,” said SNC CEO Fatih Ozmen. “With our legacy of complex systems integration and open architecture expertise, SNC is thrilled to work with AV to bring together complementary capabilities and cutting-edge technologies to make Americans safer.”

 


About AeroVironment, Inc.

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 that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.


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AV’s Wildcat Reaches Key Milestones in DARPA’s ANCILLARY Program’s EVADE Demonstration

07/26/2025

AV’s Wildcat Reaches Key Milestones in DARPA’s ANCILLARY Program’s EVADE Demonstration

ARLINGTON, Va., – June 26, 2025 – AeroVironment, Inc. (“AV”) (NASDAQ: AVAV) announced today that its Wildcat uncrewed aircraft system (UAS) has achieved a series of development milestones in support of the Defense Advanced Research Projects Agency’s (DARPA) Early VTOL Aircraft Demonstration (EVADE). Wildcat has successfully completed VTOL-to-forward-flight transitions, validated its core flight and propulsion systems, and begun integrating critical mission payloads—demonstrating rapid progress toward an operationally relevant capability.

Wildcat is a Group 3, tail-sitting vertical take-off and landing (VTOL) aircraft designed for launch and recovery from ship decks in denied and distributed maritime environments. Its compact footprint, autonomous launch and recovery, and robust flight performance across high sea states make it a flexible and scalable solution for contested littoral operations.

“Wildcat reflects the spirit of MacCready Works – breakthrough thinking, accelerated timelines, and deep mission alignment,” said Chris Fisher, AV’s vice president of MacCready Works Novel Systems. “In a matter of weeks, we’ve gone from system integration to full forward flight transitions, all while validating key subsystems. This is what innovation at operational speed looks like.”

Within this fast-paced program, innovations include a new Visual Precision Landing System (VPLS), an AVACORE™-enabled integration of Government Furnished Software and testing of a new modular autopilot and AI compute module all of which feed back into AV’s existing product lines including the JUMP® 20-X, P550™, and others. Recent flight testing included the expansion of Wildcat’s hover envelope and the first successful transitions to forward flight using the full-scale test platform. Key systems—such as a heavy fuel propulsion system, fuel, and flight control—were validated in both hover and level flight, with aerodynamic performance confirmed across a range of airspeeds and flight profiles. These results reflect the maturity of the design and the pace of advancement within the EVADE framework.

The EVADE initiative accelerates DARPA’s AdvaNced airCraft Infrastructure-Less Launch And RecoverY (ANCILLARY) program Phase 2 plan, which the agency initially projected to conduct flight testing in late 2026.

AV is now integrating mission-critical payloads that will enable Wildcat to support ISR, communications, and other tactical effects from a single, modular platform. In the next phase of flight tests Wildcat will perform simulated maritime missions—transitioning between hover and forward flight while executing payload-driven tasking in representative operational scenarios.

Designed and developed by MacCready Works, AV’s advanced development team, Wildcat embodies the company’s commitment to solving the hardest challenges in autonomy, edge operations, and next-generation air dominance.

 


About AeroVironment, Inc.

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 that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.


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AV Reveals Skyfall: Future Concept Next-Gen Mars Helicopters for Exploration and Human Landing Preparation

07/24/2025

AV Reveals Skyfall: Future Concept Next-Gen Mars Helicopters for Exploration and Human Landing Preparation

ARLINGTON, Va., July 24, 2025 – Today, AeroVironment, Inc. (“AV”) (NASDAQ: AVAV), a global leader in intelligent, multi-domain autonomous systems, revealed Skyfall—a potential future mission concept for next-generation Mars Helicopters developed with NASA’s Jet Propulsion Laboratory (JPL) to help pave the way for human landing on Mars through autonomous aerial exploration. The concept is heavily focused on rapidly delivering an affordable, technically mature solution for expanded Mars exploration that would be ready for launch by 2028.

Skyfall is designed to deploy six scout helicopters on Mars, where they would explore many of the sites selected by NASA and industry as top candidate landing sites for America’s first Martian astronauts. While exploring the region, each helicopter can operate independently, beaming high-resolution surface imaging and sub-surface radar data back to Earth for analysis, helping ensure crewed vehicles make safe landings at areas with maximum amounts of water, ice, and other resources. The data Skyfall collects could also advance the nation’s quest to discover whether Mars was ever habitable.

The concept would be the first to use the “Skyfall Maneuver”–an innovative entry, descent and landing technique whereby the six rotorcraft deploy from their entry capsule during its descent through the Martian atmosphere. By flying the helicopters down to the Mars surface under their own power, Skyfall would eliminate the necessity for a landing platform–traditionally one of the most expensive, complex and risky elements of any Mars mission.

This new Mars Helicopter concept leverages AV and JPL’s prior success as co-developers of the Ingenuity Mars Helicopter program, which was executed on time and on budget and completed 72 historic flights at Mars’ Jezero Crater in just under three years–outperforming flight targets by more than 14 times and longevity targets by more than 32 times expectations. True to its name, Ingenuity showcased American innovation and space superiority by achieving the first powered flight on another world, introducing the speed and data collection capability that aerial operations bring to the Red Planet.

“Skyfall offers a revolutionary new approach to Mars exploration that is faster and more affordable than anything that’s come before it,” said William Pomerantz, Head of Space Ventures at AV. “Thanks to a true partnership between industry and government, we’re expanding the unprecedented success of Ingenuity. With six helicopters, Skyfall offers a low-cost solution that multiplies the range we would cover, the data we would collect, and the scientific research we would conduct–making humanity’s first footprints on Mars meaningfully closer.”

Skyfall builds upon AV’s expertise in multi-domain autonomous systems and proven capabilities as part of the Ingenuity program, including its lightweight aircraft structure suitable for the thin atmosphere of Mars. As part of the public-private partnership, JPL plans to transfer some components of its Ingenuity work to AV for the new mission, commercializing many of the proven avionics, flight software, and modeling techniques that have worked on Mars.

“Ingenuity established the United States as the first and only country to achieve powered flight on another planet. Skyfall builds on that promise, providing detailed, actionable data from an aerial perspective that will not only be of use planning for future crewed missions, but can also benefit the planetary science community in their search for evidence that life once existed on Mars,” said Trace Stevenson, President of Autonomous Systems at AV. “From ground to air to sea and now to space, our fleet of uncrewed systems is unleashing American drone dominance across all domains and inspiring the next generation of American scientists, engineers, and explorers to ensure that dominance persists for generations to come.”

Both Ingenuity and the Skyfall concept are part of the broader AV_Space portfolio, which spans ISR (Intelligence, Surveillance, and Reconnaissance), space technologies and payloads, and space operations. AV is a leader in long-haul laser communication, offering resilient space-based communication terminals that are faster, more secure, and consume less power than traditional systems. AV’s advanced surveillance, data collection, and rapid analysis capabilities enhance customer situational awareness across various domains and ensure our nation’s space superiority. With its BADGER and WASP ground-based phased array antennas, AV is modernizing and simplifying mission operations while rapidly expanding satellite command and control capabilities for complex SATCOM, telemetry, and electronic warfare missions.

With NASA’s goal of launching inspiring missions to Mars during favorable launch windows as the planets align, AV has already begun internal investments and coordination with NASA JPL to facilitate a potential 2028 launch.

About AeroVironment, Inc.

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 that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

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AV and UAS Denmark Establish Strategic Partnership to Advance Allied UAS Capabilities in Europe

06/18/2025

ARLINGTON, Va., June 18, 2025 – AeroVironment, Inc. (“AV”) (NASDAQ: AVAV) today announced it has signed a Memorandum of Understanding (MOU) with Hans Christian Andersen Aiport in Odense, Denmark–home to the UAS Denmark Test Center–to explore joint utilization of the center’s expansive airspace and advanced test facilities. The agreement aims to leverage UAS Denmark’s strategic range and infrastructure to support AV’s uncrewed aircraft system (UAS) demonstration operations, mission training, and customer integration activities across the region.

The collaboration is expected to enable joint research and development (R&D) initiatives and accelerate the growth of the UAS Denmark Test Center as a regional epicenter for advanced UAS innovation, evaluation, and operational readiness.

“This MOU represents a significant milestone in expanding AV’s operational footprint in Europe,” said Shane Hastings, AV’s vice president and general manager of Medium UAS. “Our partnership with UAS Denmark positions us to deliver enhanced capabilities, mission-critical training, and integrated UAS solutions to allied defense forces and government stakeholders across the region.”

This agreement follows AV’s February 2025 Framework Agreement with the Danish Ministry of Defence Acquisition and Logistics Organization (DALO), under which AV is delivering advanced UAS, operator and maintainer training, and lifecycle support to strengthen the Danish Armed Forces’ intelligence, surveillance, and reconnaissance (ISR) capabilities. The MOU with UAS Denmark builds on this momentum and reinforces AV’s commitment to delivering tactical advantage through scalable, reliable, and combat-proven UAS platforms.

By formalizing this collaboration, AV continues to expand its international partnerships and operational support capabilities—ensuring allied forces have access to the tools and training required to maintain readiness in dynamic environments.

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AV’s JUMP 20 Medium UAS Supports U.S. Navy’s 4th Fleet During Operation Southern Spear

06/12/2025

AV’s JUMP 20 Medium UAS Supports U.S. Navy’s 4th Fleet During Operation Southern Spear

ARLINGTON, Va., June 12, 2025 – AeroVironment, Inc. (“AV”) (NASDAQ: AVAV) delivered company-owned, company-operated (COCO) maritime intelligence, surveillance and reconnaissance (ISR) services in support of the U.S. Navy’s 4th Fleet as part of Operation Southern Spear. AV’s JUMP® 20 medium uncrewed aircraft system (MUAS) was deployed across the Caribbean and southern Atlantic region, providing persistent ISR where it actively tracked potential illicit activities within the 4th Fleet’s jurisdiction.

JUMP 20 is a vertical take-off and landing (VTOL) MUAS designed for rapid deployment, with fully hands-free autonomous launch and recovery capabilities on moving vessels—even in challenging maritime conditions, including sea state level 5 and winds exceeding 20 knots.

“Advancing and refining the JUMP 20 maritime offering has been a major focus and investment for AV during the past 18 months,” said Shane Hastings, AV’s vice president and general manager of medium UAS. “This contract represented the culmination of that work and marked the first of what we hope are many operational maritime deployments of the JUMP 20.  What sets the JUMP 20 apart from other Group 3 UAS in its class is its superior payload capacity, unmatched modularity and exceptional endurance – all delivered without the need for launch or recovery equipment enabling fully hands-free operations and maximizing operational safety.”

According to the Navy, “Operation Southern Spear was a successful operation designed to advance the Navy’s Hybrid Fleet Campaign, operationalizing Robotic and Autonomous Systems (RAS) through manned-unmanned teaming. In addition to meeting operational objectives, this operation transitioned from short-duration experimentation into long-duration operations aiding in the development of critical techniques and procedures designed to advance the global integration of RAS into the maritime environment. AV’s JUMP 20 served as a key ISR asset, operating alongside joint and interagency assets in the area.”

JUMP 20 has proven its reliability with over 130,000 land-based flight hours supporting U.S. Special Operations Command combat deployments.  JUMP 20’s expanded operations into these shipboard environments further extends its reach, enabling multi-mission multi-domain capabilities on a global scale, wherever and whenever needed.

AV’s JUMP 20 was ship-based and deployed for approximately six months during Operation Southern Spear under the Monitoring, Analysis, Reconnaissance, Logistics, Intelligence, and Network Services (MARLINS) Task Order as a subcontractor under the prime contractor, SMX.

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AV’s Tomahawk Awarded $5.1M contract for Human-Machine Integrated Formations Project by U.S. Army RCCTO

05/19/2025

AV’s Tomahawk Awarded $5.1M contract for Human-Machine Integrated Formations Project by U.S. Army RCCTO

ARLINGTON, Va., May 19, 2025 – Tomahawk GCS, an AeroVironment (“AV”) product line specializing in autonomous and intelligent multi-domain systems, has been awarded a $5.1 million contract to support the U.S. Army Rapid Capabilities and Critical Technologies Office (RCCTO) Human- Machine Integrated Formations (HMIF) rapid prototyping project. Following a rigorous selection process, AV’s Tomahawk’s Grip TA5 was selected as the Dismounted Common Controller (DCC) to significantly enhance human-machine teaming for battlefield operations.

The HMIF initiative, led by the U.S. Army RCCTO, is accelerating the integration of autonomous and robotic systems into formations to enhance situational awareness, lethality, and survivability. With its modular architecture and multi-platform compatibility, the Grip TA5 provides operators command-and-control of multiple robotic assets in real-time, enhancing mission adaptability and response speed.

“This award is a huge milestone, not just for AV, but for the future of human-machine teaming on the battlefield,” said Jason Hendrix, AV’s vice president and general manager of Small Uncrewed Aircraft Systems. “We’re proud to continue pushing the boundaries of what’s possible in multi-domain operations and delivering proven technology to the warfighter.”

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AV and Dutch Ministry of Defence Expand Partnership to Modernize Puma™ UAS Fleet and Deploy Scalable Long-Endurance Systems

05/13/2025

AV and Dutch Ministry of Defence Expand Partnership to Modernize Puma™ UAS Fleet and Deploy Scalable Long-Endurance SystemsArlington, Va., May 13, 2025 – AeroVironment, Inc. (“AV”) (NASDAQ: AVAV) today announced a new contract with the Dutch Ministry of Defence (MoD) to modernize the Netherlands’ Puma™ UAS fleet with expanded capabilities for enhanced situational awareness and operational effectiveness.

Under the contract, the Dutch MoD is modernizing its Puma 3 AE UAS fleet with advanced capabilities that empower forces to carry out mission-critical operations autonomously and securely—even in GPS-denied and contested environments. Upgrades will boost survivability, strengthen communications and add the option for vertical take-off and landing (VTOL) to maximize operational agility. Deliveries are underway, with the upgraded systems set for rapid deployment at the squad and platoon levels.

Additionally, the Netherlands is expanding its UAS portfolio with the acquisition of Puma LE, which delivers extended endurance and range. Both Puma 3 AE and Puma LE provide scalable ISR capabilities for tactical formations and civilian missions.

Battle-proven in the toughest combat zones—including ongoing deployment in Ukraine—Puma systems have earned their reputation in real-world, high-threat environments. Continuous updates driven by frontline experience keep both platforms mission-ready, rapidly adaptable, and equipped with the latest tech to outpace evolving threats.

“Our expanded partnership with the Dutch MoD underscores the rising demand for adaptable, mission-ready uncrewed systems across NATO,” said Trace Stevenson, AV’s president of Autonomous Systems. “AV’s battle-proven Puma platforms are built to deliver real-time intelligence and unmatched battlefield agility—so our partners can make faster, smarter decisions in the world’s most contested environments.”

Designed for fast-paced, expeditionary operations, Puma UAS can be launched by a single soldier or from Fennek reconnaissance vehicles—enabling agile ISR at the edge. These upgrades are part of a broader Dutch initiative to modernize and scale uncrewed capability across their operations.

 

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AV Launches Titan 4 and Expands Titan Family, Ushering in the Next Era of RF Counter-UAS Dominance

05/06/2025

AV Launches Titan 4 and Expands Titan Family, Ushering in the Next Era of RF Counter-UAS Dominance

ARLINGTON, Va., May 6, 2025 – To meet the emerging air threats of today and the rapidly evolving threats of tomorrow, AeroVironment, Inc. (“AV”) (NASDAQ: AVAV) today announced Titan 4, the next generation of its battle-proven, warfighter-trusted Counter-Unmanned Aerial Systems (C-UAS) technology. Titan 4 is a smaller, lighter, more powerful, highly extensible Radio Frequency (RF)-based solution to detect and defeat Group 1 and 2 drone threats.

Titan 4 is portable and mission-adaptable—supporting mobile, dismounted, or fixed-site use—and can deploy in under five minutes to identify and neutralize threats, creating a protective dome around personnel and infrastructure. Titan 4 is 17% lighter and 73% smaller than its dual-chassis predecessor, now integrated into a single compact chassis as compared to its dual-chassis predecessor. It offers nearly 250% more transmit power with 540W of total output over six RF bands to address both current and emerging threats. For enhanced airspace awareness, AV has integrated its Titan-SV system within Titan 4 to provide operators with AI/ML-backed passive, long-range precision threat detection.

“With over a thousand units in the field and hundreds of thousands of operational hours, our team has taken lessons learned from active deployments in rapidly evolving threat landscapes to develop the next era of RF C-UAS superiority,” said Trace Stevenson, President of AV’s Autonomous Systems Segment. “Smaller, lighter and more powerful, Titan 4 is poised to better respond to both individual threats and drone swarms in the harshest environments–using adaptive, autonomous, escalating countermeasures to protect our warfighters, allies, and infrastructure and ensure successful military operations.”

Titan 4 is the flagship solution in AV’s Titan C-UASTM suite of autonomous RF counter-drone systems. In addition to Titan 4 and Titan-SV, AV is expanding this suite of solutions with technologies spanning from larger, fixed-site configurations to small, interoperable plug-and-play sensors:

Titan-MS is an AI-powered, multi-sensor technology that detects, identifies, tracks, defeats, and reports on unmanned system threats. As the largest, most powerful solution in the Titan family, Titan-MS (Multi-Sensor) is a multi-mission, multi-threat capability suitable for fixed-site installations in air, sea, and land domains. Fusing RF, radar, and optics with AI and ML algorithms from industry-leading sensors, Titan-MS detects, classifies, and defeats RF-controlled and autonomous drone threats —while also tracking human and vehicle movement. It provides operators with recorded video and detailed analytics for after-action review to continuously improve security operations.

Titan-EO/IR is a portable, multi-sensor platform to detect, identify, track, and defeat UAS threats. Leveraging the repeatable performance of Titan’s RF capabilities along with agile Middle Wavelength Infrared (MWIR) sensors, Titan-EO/IR integrates advanced sensor arrays into a unified interface, delivering full-spectrum airspace awareness.

Titan-SV LOB is a fixed-site or vehicle-mounted small-UAS (sUAS) detection and tracking solution that provides operators with the same long-range, 360° coverage of Titan-SV along with precise azimuth and elevation for all sUAS threats. For standard protocol sUAS, Titan-SV LOB (Line of Bearing) provides enhanced threat awareness with full 3D tracking. With proven commercial and government multi-sensor interoperability, plug-and-play compatibility with BlueSky 2″ Mast systems, and a secure API supporting a wide array of integrations, Titan SV-LOB is a versatile, multi-domain C-UAS solution.

Titan-SV MOSA/SOSA is the next generation of Titan-SV in development, putting the passive threat detection power of Titan-SV on an open-architecture sensor card for maximum interoperability on a wide variety of multi-mission systems and open standard chassis. Using Sensor Open Systems Architecture (SOSA) and Modular Open Systems Approach (MOSA) frameworks, Titan-SV SOSA/MOSA promotes interoperability, scalability, and rapid modernization across defense platforms.

“From our fixed-site capabilities to our plug-in integrations, the Titan family of RF C-UAS solutions is a force multiplier for our warfighters,” said Jimmy Jenkins, Executive Vice President of AV’s Precision Strike and Defense Systems Group. “With a proven track record across Titan and Titan-SV deployments, we’re proud to roll out Titan 4 and a full family of Titan solutions to meet the critical multi-mission needs of our customers. We’re moving these innovations from prototype to full-scale production to quickly deliver our U.S.-made and manufactured units into the hands of warfighters who are protecting us at home and abroad.”

Titan was selected as a C-UAS Program of Record (POR) capability for an undisclosed Department of Defense customer in 2022. Since that time, the U.S. Army, Navy, Air Force, Marines, and Special Operations Forces have deployed more than 1,000 units globally to protect U.S., allied, and coalition forces and critical infrastructure. Domestically, Federal departments have deployed Titan systems for crowd protection at large gatherings and major sporting events. Internationally, countries across the North Atlantic Treaty Organization (NATO), Latin America, and other allied partners are trusting Titan to enhance their air defense capabilities against drone threats.

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AV Unleashes Red Dragon: A New Breed of Fully Autonomous Capable, GPS-Denied One-Way Attack Unmanned Aircraft Systems

AV Unleashes Red Dragon: A New Breed of Fully Autonomous Capable, GPS-Denied One-Way Attack Unmanned Aircraft Systems

ARLINGTON, Va. – May 6, 2025 – AeroVironment, Inc. (NASDAQ: AVAV) (“AV”) today announced the launch of Red Dragon™, a fully autonomous capable, software-defined unmanned aircraft system (UAS) designed for one-way attack missions in high-threat, GPS-denied, and communications-degraded environments. Developed as part of AV’s expanding portfolio of tactical autonomy, Red Dragon is built on the AV’s AVACORE™ shared software architecture—enabling rapid development, scalable manufacturing, and modular mission integration. AV’s industry leading SPOTR-Edge™ perception system enables detection and classification of targets to aid the operator in making decisions with confidence via AV’s proprietary DDIL radio system.

Red Dragon delivers a combination of autonomy, electronic warfare resilience, and tactical flexibility previously unavailable in its class. It is designed to penetrate contested airspace and operate effectively in denied, disrupted, intermittent, and low-bandwidth (DDIL) environments. The system is capable of autonomous execution of mission objectives without reliance on continuous operator input or satellite navigation.

Designed for manufacturing at scale, Red Dragon enables mass production, rapid deployment, and simplified logistics to meet operational demands. It is optimized for cross-domain use—across air, land, and maritime—and is designed so small teams can be trained quickly and effectively.

“Red Dragon represents a significant step forward in autonomous lethality,” said Jeff Rodrian, Executive Vice President, MacCready Works. “By combining advanced autonomy, GNSS-independent navigation, and mass producibility, Red Dragon delivers a mission-ready system designed for today’s contested battlespace. It is the first of a new generation of autonomous systems built for scale, speed, and operational relevance.”

“At AV, our mission is to change the way wars are fought—by putting the safety, survivability, and operational advantage of our warfighters first,” said Wahid Nawabi, President & CEO of AV. “Red Dragon reflects the kind of breakthrough capability that ensures U.S. and allied forces stay ahead in an increasingly complex threat environment. It’s not just about autonomy—it’s about delivering trusted, mission-defining technologies that protect lives and reshape the future of defense.”

Red Dragon is the first in a rapidly growing family of platforms under development at AV with a common software and hardware architecture for mission-specific variants. Each shares a common software and autonomy architecture designed to support rapid evolution across domains and use cases. This enables evolutions at the speed of software and warfare.

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AeroVironment and BlueHalo Complete Transaction — Creating A Global Defense Technology

05/01/2025

Leader Built for Strategic Advantage in Modern Warfare

AV launches with an integrated portfolio, national manufacturing scale, and global reach — delivering proven systems and emerging capabilities across air, land, sea, space, and cyber

ARLINGTON, Va. – May 1, 2025 – AeroVironment, Inc. (“AV”) (NASDAQ: AVAV) announced today the successful completion of the transaction between AeroVironment, Inc. and BlueHalo, LLC (“BlueHalo”), advancing its position as a global defense technology leader with integrated capabilities across air, land, sea, space, and cyber.

“We are excited to complete the acquisition of BlueHalo and move forward as an even stronger and more unified AV that provides the scale, talent, and technology needed to lead in the most critical areas of modern defense,” said Wahid Nawabi, AV Chairman, President, and Chief Executive Officer. “By bringing together two mission-focused organizations, the new AV is built to accelerate innovation, strengthen our customer partnerships, and deliver operational impact across every domain. This is a pivotal step in our journey, and one that positions us to create long-term value for shareholders and strategic advantages for our customers.”

AV brings together proven systems and next-generation technologies to deliver integrated capabilities across every domain of modern warfare. Its systems include autonomous uncrewed systems, precision strike and defensive systems, including AV’s suite of counter-UAS solutions across radio frequency, directed energy and kinetic defeat technologies, space technologies, and cyber and advanced solutions. These capabilities are unified by advanced autonomy, mission software, and command & control systems that enable faster coordination, responsiveness, and decision-making at the tactical edge.

Headquartered in Arlington, Virginia – at the center of the defense innovation corridor – AV operates in more than 40 states and has a combined total of more than 3,750 employees. Its national network of innovation centers, manufacturing sites, and technology labs provide the infrastructure to continue scaling critical capabilities while supporting urgent mission demands. AV’s cross-domain innovation engine, MacCready Works, continues to support the development and rapid transition of next-generation systems that reinforce AV’s leadership across emerging mission areas.

As previously announced, Wahid Nawabi will continue to serve as Chairman, President, and Chief Executive Officer of AV. The combined leadership team includes experienced executives from both organizations, bringing together deep expertise across autonomy, space systems, cyber operations, and defense technology.

To align with customer missions and AV’s financial reporting structure, the company will operate in two business segments:

  1. Autonomous Systems: Encompasses uncrewed systems (Group 1–3 UAS), precision strike and one way attack systems (including loitering munitions), defense systems (counter-UAS solutions using radio frequency sensors and electronic warfare solutions), ground and maritime robotic solutions, and MacCready Works, AV’s innovation engine where autonomy, AI, and advanced platform technologies converge to deliver next-generation capabilities. Autonomous Systems is led by Trace Stevenson who formerly led AeroVironment’s Uncrewed Systems organization.
  2. Space, Cyber and Directed Energy: Encompasses space technologies, directed energy solutions, cyber solutions, and mission services. Space, Cyber and Directed Energy is led by Trip Ferguson who formerly served as BlueHalo’s Chief Operating Officer.

In connection with the transaction, David Wodlinger and Henry Albers, both from Arlington Capital Partners, have joined the AV Board of Directors, expanding the Board to ten members. More information on AV’s executive leadership and Board of Directors is available at www.avinc.com.

Advisors
RBC Capital Markets served as financial advisor and Latham & Watkins LLP served as legal advisor to AeroVironment. Joele Frank, Wilkinson Brimmer Katcher served as strategic communications advisor to AeroVironment. J.P. Morgan Securities LLC served as financial advisor and Goodwin Procter LLP served as legal advisor to Arlington Capital Partners and BlueHalo.

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, precision strike systems, 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. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities with speed, scale, and operational relevance.

For more information, visit www.avinc.com.

About Arlington Capital Partners

Arlington Capital Partners is a Washington, D.C.-area private investment firm specializing in government-regulated industries. The firm partners with founders and management teams to build strategically important businesses in the government services and technology, aerospace and defense, and healthcare sectors. Since its inception in 1999, Arlington has invested in over 175 companies and is currently investing out of its $3.8 billion Fund VI. For more information, visit Arlington’s website at www.arlingtoncap.com and follow Arlington on LinkedIn.

Statement Regarding Forward-Looking Information
This press release contains statements regarding AV, including its wholly owned subsidiary BlueHalo, that are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).  In some cases, forward-looking statements can be identified by words such as “anticipate,” “approximate,” “believe,” “plan,” “estimate,” “expect,” “project,” “could,” “should,” “strategy,” “will,” “intend,” “may” and other similar expressions or the negative of such words or expressions.  Statements in this press release concerning AV’s business strategy, production capacity, competitive positions, growth opportunities, employment opportunities and mobility, plans and objectives of management, together with other statements that are not historical facts, are forward-looking statements that are estimates reflecting management’s best judgment based upon currently available information.  Such forward-looking statements are inherently uncertain, and stockholders and other potential investors must recognize that actual results may differ materially from expectations as a result of a variety of factors, including, without limitation, those discussed below.  Such forward-looking statements are based upon management’s current expectations and include known and unknown risks, uncertainties and other factors, many of which AV is unable to predict or control, that may cause actual results, performance or plans to differ materially from any future results, performance or plans expressed or implied by such forward-looking statements.  These statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated in these statements as a result of a number of factors, including, but not limited to:

  • unexpected costs, liabilities, charges or expenses resulting from the acquisition;
  • the risk that the integration of AeroVironment and BlueHalo will be more difficult, time-consuming or expensive than anticipated;
  • the risk of customer loss or other business disruption in connection with the transaction, or of the loss of key employees;
  • the fact that unforeseen liabilities of AeroVironment or BlueHalo may exist;
  • the risk of doing business internationally;
  • AV’s capital structure following the acquisition of BlueHalo;
  • the challenging macroeconomic environment, including disruptions in the defense industry;
  • risks that AV may not be able to manage strains associated with its growth;
  • dependence on key personnel;
  • stock price volatility;
  • the effect of legislative initiatives or proposals, statutory changes, governmental or other applicable regulations and/or changes in industry requirements;
  • AV’s ability to protect its intellectual property and litigation risks; and
  • other risks and uncertainties identified in the “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Business” sections of AV’s most recent Annual Report on Form 10-K and its subsequent Quarterly Reports on Form 10-Q, and other risks as identified from time to time in its Securities and Exchange Commission (“SEC”) reports.

Other unknown or unpredictable factors also could have a material adverse effect on AV’s business, financial condition, results of operations and prospects.  Accordingly, readers should not place undue reliance on these forward-looking statements.  These forward-looking statements are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict.  Except as required by applicable law or regulation, AV undertakes (and AV expressly disclaims) any obligation and does not intend to publicly update or review any of these forward-looking statements, whether as a result of new information, future events or otherwise.

Investors
Denise Pacioni
+1 (805) 795-4108
https://investor.avinc.com/con…

Media
Joseph Sala / Woomi Yun / Jenna Shinderman
Joele Frank, Wilkinson Brimmer Katcher
+1 (212) 355-4449

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Press Release

AV Secures $46.6M Contract with Italian Ministry of Defence for Combat-Proven JUMP 20 VTOL Aircraft System

04/21/2025

AV Secures $46.6M Contract with Italian Ministry of Defence for Combat-Proven JUMP 20 VTOL Aircraft System

ARLINGTON, Va., April 21, 2025 – AeroVironment (AV), a global leader in intelligent, multi-domain autonomous systems, today announced it has been awarded a $46.6M contract by the Italian Ministry of Defence (MOD) for the delivery of its JUMP® 20 vertical takeoff and landing (VTOL) medium uncrewed aircraft system (MUAS). The five-year contract encompasses the procurement of JUMP 20 air vehicles, engineering services, initial sustainment and onsite technical support – ensuring rapid fielding and operational readiness from day one.

JUMP 20 is a vertical take-off and landing (VTOL), fixed-wing UAS with 30 pounds of payload capacity, 13+ hours of endurance and an operational range of 185 km (115 mi). Purpose-built for expeditionary operations, the system can be stored and transported with ease and autonomously launched and recovered without personnel intervention, making it ideal for dynamic on-the-move operations.

The selection follows a rigorous and highly competitive procurement process, where JUMP 20 distinguished itself for its ability to meet the Italian MOD’s stringent technical and operational requirements while replacing their existing Shadow UAS fleet with a modern, adaptable solution.

“We are honored to strengthen our partnership with the Italian Ministry of Defence through the delivery of the JUMP 20, a system that enhances their operational capabilities,” said Shane Hastings, AV’s vice president and general manager of Medium UAS. “This contract builds on our history of supporting NATO allies with world-class uncrewed systems that reflects our unwavering commitment to innovation and mission success reinforcing our reputation as a trusted partner our customers can rely on.”

The JUMP 20 delivers advanced intelligence, surveillance, and reconnaissance (ISR) capabilities with multi-payload flexibility and seamless interoperability across current and future systems. Built on a Modular Open Systems Approach (MOSA), the platform enables rapid integration, easy upgrades, and unmatched adaptability to support a wide range of evolving mission demands.

 

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Press Release

AeroVironment Stockholders Approve Acquisition of BlueHalo

04/01/2025

ARLINGTON, Va. – April 1, 2025 – AeroVironment, Inc. (NASDAQ: AVAV) (“AV” or the “Company”) today announced that its stockholders have approved the issuance of AV common stock in connection with the Company’s pending acquisition of BlueHalo LLC (“BlueHalo”) at a Special Meeting of Stockholders held earlier today.

“Stockholder approval marks an important milestone as we move forward with the acquisition of BlueHalo and accelerate our transformation into the leading next-generation defense technology company,” said Wahid Nawabi, AV chairman, president, and chief executive officer. “Together, AV and BlueHalo will drive agile innovation and deliver integrated, all-domain solutions designed to redefine the future of defense and address the most important priorities and needs of our nation and allies around the globe. We thank stockholders for their continued support and look forward to closing this transaction and unlocking new opportunities for growth and value creation.”

More than 99% of the shares voted by AV stockholders were in favor of the issuance of AV common stock to complete the pending acquisition. Final voting results will be reported in a Form 8-K filed with the U.S. Securities and Exchange Commission.

The transaction is expected to close in May 2025, subject to the satisfaction of customary closing conditions.

About AeroVironment, Inc.

AeroVironment (NASDAQ: AVAV) provides technology solutions at the intersection of robotics, sensors, software analytics and connectivity that deliver more actionable intelligence so you can Proceed with Certainty. Headquartered in Virginia, AeroVironment is a global leader in intelligent, multi-domain robotic systems, and serves defense, government and commercial customers. For more information, visit www.avinc.com.

Statement Regarding Forward-Looking Statements

This release contains statements regarding AeroVironment, BlueHalo, the proposed transactions and other matters that are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, forward-looking statements can be identified by words such as “anticipate,” “approximate,” “believe,” “plan,” “estimate,” “expect,” “project,” “could,” “should,” “strategy,” “will,” “intend,” “may” and other similar expressions or the negative of such words or expressions. Statements in this release concerning AeroVironment’s proposed transaction with BlueHalo and the closing date of the proposed transaction, together with other statements that are not historical facts, are forward-looking statements that are estimates reflecting management’s best judgment based upon currently available information. Such forward-looking statements are inherently uncertain, and stockholders and other potential investors must recognize that actual results may differ materially from expectations as a result of a variety of factors, including, without limitation, those discussed below. Such forward-looking statements are based upon management’s current expectations and include known and unknown risks, uncertainties and other factors, many of which AeroVironment and BlueHalo are unable to predict or control, that may cause actual results, performance or plans to differ materially from any future results, performance or plans expressed or implied by such forward-looking statements. These statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated in these statements as a result of a number of factors, including, but not limited to:

 

  • The risk that the transaction described herein will not be completed or will not provide the expected benefits, or that we will not be able to achieve the cost or revenue synergies anticipated;
  • The risk that a condition to closing of the transaction may not be satisfied on a timely basis or at all;
  • The possible occurrence of an event, change or other circumstance that would give rise to the termination of the transaction agreement;
  • The risk of stockholder litigation in connection with the proposed transaction, including resulting expense or delay in delay in closing of the transaction;
  • The failure of the proposed transaction to close for any other reason;
  • Unexpected costs, liabilities, charges or expenses resulting from the transaction; and
  • Other risks inherent in AeroVironment’s and BlueHalo’s businesses

Other unknown or unpredictable factors also could have a material adverse effect on AeroVironment’s business, financial condition, results of operations and prospects. Accordingly, readers should not place undue reliance on these forward-looking statements. These forward-looking statements are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. Except as required by applicable law or regulation, neither AeroVironment nor BlueHalo undertakes (and each of AeroVironment and BlueHalo expressly disclaim) any obligation and do not intend to publicly update or review any of these forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:

For AeroVironment:
Investors
Jonah Teeter-Balin
+1 (805) 520-8350 x4278
https://investor.avinc.com/con…

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Joseph Sala / Woomi Yun / Jenna Shinderman
Joele Frank, Wilkinson Brimmer Katcher
+1 (212) 355-4449

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