Category: Press Release

Press Release

AeroVironment, Inc. to Acquire Tomahawk Robotics

08/22/2023

AeroVironment’s unmanned systems paired with Tomahawk Robotics’ AI-enabled technology will allow warfighters to operate various connected robotic solutions in the battlefield and share information between multiple domains with one common controller

ARLINGTON, Va., August 22, 2023 – AeroVironment has announced its anticipated acquisition of Tomahawk Robotics, a leader in AI-enabled robotic control systems. The acquisition will enable deeper integration of both companies’ technology, leading to enhanced interoperability and interconnectivity of unmanned systems through a singular platform with similar control features. This will ultimately enable warfighters to operate various connected robotic solutions in the battlefield and share information between multiple domains with one common controller. The two companies entered into a definitive agreement under which AeroVironment will acquire 100% of Tomahawk Robotics equity for a total purchase price of $120 million to be paid in a mix of cash and stock.

Founded by Brad Truesdell and Matt Summer in 2018, Tomahawk Robotics is the visionary force behind the groundbreaking Kinesis Ecosystem, an unmatched tactical capability designed for the warfighter first. At the heart of this innovation lies Kinesis, an AI-enhanced and open architecture common control system that seamlessly integrates the network of battle-proven unmanned expeditionary vehicles, sensors, and third-party software onto a single pane of glass. Powered by innovation, the Kinesis Ecosystem delivers targeted situational awareness and precision strike capabilities for the human-machine teams across the battlespace.

“The acquisition of Tomahawk Robotics will not only provide AeroVironment with strong new members of our team, but a quality brand and products that are widely respected in the industry. Tomahawk Robotics will become part of the small UAS (SUAS) business unit within AeroVironment’s Unmanned Systems segment. We intend to retain all of their workforce and existing facilities in Florida,” said AeroVironment’s CEO and Chairman Wahid Nawabi. “We will support all existing Tomahawk Robotics customers and their products will remain platform agnostic to the market and within the industry. We also plan to introduce Tomahawk Robotics solutions to AeroVironment’s growing network of more than 55 allied nations.”

“Combining features of our Crysalis operating system with Tomahawk Robotics’ AI-enhanced Kinesis platform means pairing the best common controller technology with the most ubiquitous unmanned systems on the market today,” said AeroVironment’s Senior Vice President of Unmanned Systems Trace Stevenson. Tomahawk Robotics’ Kinesis control system was integrated into AeroVironment’s small unmanned aircraft family of systems including Raven® B and Puma™ 3 AE in 2022.

“Tomahawk Robotics’ solutions will accelerate our adoption and implementation of AI and autonomy into AeroVironment platforms,” continued Stevenson. “We’re confident that the combined experience and expertise of our two teams will result in a variety of unmatched unmanned expeditionary vehicles that meet our customers’ emerging needs and exacting standards.”

“Our motto has always been ‘warfighter first.’ Everything we’ve designed or made has been optimized to better equip and prepare soldiers on the battlefield,” said Tomahawk Robotics’ CEO Brad Truesdell. “Joining AeroVironment means our solutions will have a broader reach and the opportunity to be optimized by not only AeroVironment’s family of systems, but the broader robotics community, better enabling warfighters across the globe.”

“Acquiring Tomahawk Robotics strengthens our value to our customers as we will be uniquely qualified to support multiple platforms and offer the best solution for their operational needs,” continued Nawabi. “Tomahawk Robotics’ products will enable AeroVironment’s solutions to achieve an elevated Modular Open System Approach (MOSA) desired by our customers, and the opportunity to expand into new and adjacent markets for interconnected soldiers with a Common Operating Picture enabled by AI and autonomy.”

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AeroVironment Introduces VTOL Kit for Puma AE UAS

05/09/2023

New vertical take-off and landing kit expands operational capabilities and streamlines constrained area operations

ARLINGTON, Va., May 9, 2023 – AeroVironment, Inc. today introduced the (*NOTE: update links) Puma™ VTOL (vertical take-off and landing) kit, designed for plug-and-play integration into Puma 2 AE and Puma 3 AE small unmanned aircraft systems (SUAS). The optional Puma VTOL kit expands the operational capabilities of the combat-proven Puma system in complex terrain, as neither runway nor large open space are required for launch and recovery of the VTOL-equipped Puma, allowing operators to launch anywhere, anytime.

Leveraging AeroVironment’s Crysalis™ ground control solution, the added VTOL capability now allows a single Puma operator to execute missions and streamline operations through features like one-button launch and recovery.

“The modern battlefield offers varying types of complex terrain features, both natural and manmade, that can pose challenges to small unit operations and their use of unmanned aircraft. Our new Puma VTOL kit provides the operator with a wider range of launch and land capabilities, enhancing the unit’s mission while further safeguarding its personnel during these periods of transitional flight,” said Shane Hastings, AeroVironment’s vice president and product line general manager for small UAS. “The VTOL kit converts the Puma AE into a highly precise and agile ISR asset where a single operator can effortlessly launch the aircraft from a small space and attain mission-critical information of enemy forces in a timely manner and land on a desired rooftop or other small, targeted areas.”

Integration of the Puma VTOL kit requires minimal one-time modifications to the aircraft’s airframe by qualified personnel. Once modified, the plug-and-play Puma VTOL kit can be easily added or removed in the field within a couple of minutes, allowing operators to quickly transition between a fixed-wing and VTOL platform to suit varying mission needs with a single aircraft.

Available as an add-on option for new Puma 3 AE system orders and as a retrofit kit for already fielded Puma 2 AE and Puma 3 AE aircraft, both fielded and new aircraft can take advantage of this VTOL capability.

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AeroVironment Awarded $10 Million Contract by NASA/JPL to Co-Design and Develop Two Helicopters for Mars Sample Return Mission

05/02/2023

AeroVironment Awarded $10 Million Contract by NASA/JPL to Co-Design and Develop Two Helicopters for Mars Sample Return Mission

The success of Ingenuity Mars helicopter, co-designed and co-developed by AeroVironment and NASA/JPL, lays the foundation for the development of the Sample Recovery Helicopters

ARLINGTON, Va., May 2, 2023 – AeroVironment, Inc. (NASDAQ: AVAV) has been awarded a $10 million contract by NASA’s Jet Propulsion Laboratory (JPL) to co-design and co-develop conceptual designs and engineering development units of Mars Sample Recovery Helicopter flight systems. Future efforts could include detailed design, build, and test of qualification and flight hardware. The helicopters build upon the Ingenuity Mars Helicopter design heritage and feature upgraded robotics to supplement aerial mobility.

AeroVironment engineers from the MacCready Works team previously worked with NASA JPL to co-design and develop the (*NOTE: UPDATE LINK) Ingenuity Mars Helicopter, which has completed 52 successful flights to date on Mars and survived 781 sols on the surface, far outperforming its design objectives.

“Accomplishing the impossible has been AeroVironment’s mission for more than 50 years and we are excited to be working with the NASA JPL team again to conquer the next challenge,” said Scott Newbern, AeroVironment’s vice president and chief technology officer. “Ingenuity’s flights on Mars are a giant leap for robotic technology. Now we’re advancing this science further by helping to build helicopters that not only will continue flight on Mars, but also will include apparatus to collect samples to bring back to Earth for this historic mission.”

The two planned Sample Recovery Helicopters would be a secondary method of sample retrieval for the NASA/ESA Mars Sample Return Campaign. NASA’s Perseverance rover, which has already been collecting a diverse set of scientifically selected samples for potential safe return to Earth, is currently planned as the primary method of delivering samples to the Sample Retrieval Lander.

The Sample Recovery Helicopters would expand on Ingenuity’s design, adding wheels and gripping capabilities, to provide a secondary method to pick up cached sample tubes left on the surface by Perseverance and transport them to the Sample Retrieval Lander. Once the sample cache is launched off the red planet, another spacecraft would capture it in Mars orbit, and then bring it back to Earth safely and securely in the early to mid-2030s. After the samples are on Earth, scientists around the world would examine them using sophisticated instruments too large and complex to send to Mars. The samples would remain available for future generations to study with increasingly advanced technologies. Scientists believe the samples could shed light on whether life has ever existed on Mars.

More About Ingenuity

The Ingenuity Mars Helicopter was built by JPL, which also manages the project for NASA Headquarters. It is supported by NASA’s Science Mission Directorate. NASA’s Ames Research Center in California’s Silicon Valley and NASA’s Langley Research Center in Hampton, Virginia, provided significant flight performance analysis and technical assistance during Ingenuity’s development. AeroVironment, Inc. co-developed, co-designed, and built the airframe and major subsystems.

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U.S. Army Selects AeroVironment JUMP 20 Medium Unmanned Aircraft System to Enter Future Tactical Unmanned Aircraft System (FTUAS) Program Increment 2

03/01/2023

  • AeroVironment is the only company to secure an award for all FTUAS program increments, including FTUAS Increments 0,1 and now 2
  • Increment 2 is the final phase of the U.S. Army’s FTUAS program competition to select a replacement for the RQ-7B Shadow UAS

ARLINGTON, Va., March 1, 2023 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today announced it was selected by the United States Army on Feb. 28, 2023, to move forward in the Future Tactical Unmanned Aircraft System (FTUAS) program.

AeroVironment’s JUMP® 20 will compete with several other vendors in the FTUAS Increment 2 multi-phased effort which will allow the Army to select the best system for its needs. Ultimately, FTUAS Increment 2 aircraft will be fielded to Brigade Combat Teams (BCTs) throughout the Army, replacing the long-serving RQ-7B Shadow UAS.

During the early stages of what would become the U.S. Army’s FTUAS program, AeroVironment’s JUMP 20 demonstrated superior competitive performance and was awarded the FTUAS Increment 1 contract to develop a prototype system to field to one Brigade Combat Team (BCT). Its success throughout the demonstrations led to AeroVironment’s contract award for FTUAS Increment 0, in which the U.S. Army fielded the JUMP 20 into an additional Army BCT within the United States Army Europe. AeroVironment is the only company awarded the FTUAS contract for all three program increments.

“The AeroVironment JUMP 20 is the most mature and capable solution in its class,” said Gorik Hossepian, AeroVironment’s vice president and product line general manager for medium unmanned aircraft systems. “We will continue to work closely with the U.S. Army to ensure we meet their performance needs both today for an all-environment aircraft system and in the future as requirements evolve to meet changing battlefield demands.”

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AeroVironment Introduces Next-Generation All-Electric VAPOR 55 MX Helicopter Unmanned Aircraft System, Built for Heavier Payloads and Longer Distances

09/13/2022

AeroVironment Introduces Next-Generation All-Electric VAPOR 55 MX Helicopter Unmanned Aircraft System, Built for Heavier Payloads and Longer Distances
  • Next-generation VAPOR 55 delivers more simplified, modular design with performance improvements that optimize user experience
  •  Redesigned for increased levels of operational efficiency with 25 percent increased endurance and 20 percent increased payload capacity
  •  New payload interface and tool-free quick rail mount enables quick and easy field integration of both current and future payloads for increased mission flexibility

ARLINGTON, Va., Sept. 13, 2022 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today announced the launch of the next-generation VAPOR® Helicopter unmanned aircraft system (UAS), VAPOR 55 MX. Delivering new levels of operational performance with a completely redesigned modular autonomy framework, VAPOR 55 MX enables increased endurance and expanded payload capacity to meet current and emerging needs of defense, commercial and industrial customers.

“The new VAPOR 55 MX is an easy-to-maintain system that incorporates a highly versatile modular architecture and tool-free rail system for simple, efficient integration of third-party or custom payloads, allowing users to adapt to multi-sensor, multi-mission requirements including utility inspection, aerial surveying, public safety and defense applications,” said Trace Stevenson, AeroVironment vice president and product line general manager for small UAS.

Built on the class-leading endurance and payload weight performance of its predecessor, VAPOR 55 MX features a new sleek and efficient low-profile design that enables the helicopter UAS to stay in the air 25 percent longer and operate in all weather. VAPOR 55 MX is heavy-lift capable and its increased usable payload capacity allows users to choose from single or multiple payload configurations.

This expansive modular payload bay can carry up to 12 pounds of payload with more than 70 minutes of flight endurance while still maintaining the 55-pound gross take-off weight (GTOW) restricted by the Federal Aviation Administration (FAA) for commercial customers.  For military customers that require more take-off weight, VAPOR 55 MX is capable of a 65-pound GTOW and can carry up to 22 pounds of usable payloads with a reduced endurance trade-off, nearing the edge of Group 3 weight class.

To learn more about the all-electric VAPOR 55 MX Helicopter UAS, visit www.avinc.com/uas/vapor.

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AeroVironment Acquires Planck Aerosystems, a Leading Provider of Advanced Unmanned Aircraft Navigation Solutions

08/17/2022

AeroVironment Acquires Planck Aerosystems, a Leading Provider of Advanced Unmanned Aircraft Navigation Solutions
  • Transaction significantly accelerates AeroVironment’s development of advanced autonomy capabilities for the company’s unmanned aircraft systems
  • Embedded flight autonomy solution enables intelligent unmanned aircraft system capabilities for operations from moving vehicles and vessels on land or at sea

ARLINGTON, Va., Aug. 17, 2022 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, announced today it has acquired Planck Aerosystems, Inc. (“Planck”), a leading provider of advanced unmanned aircraft navigation solutions. The acquisition will significantly accelerate AeroVironment’s development of advanced autonomy capabilities.

Founded in 2014, Planck has worked closely with customers from the U.S. Department of Defense, security agencies, allied governments and offshore industrials to develop customer-centric unmanned aircraft solutions. Planck’s products include embedded technologies and fully integrated unmanned aircraft systems (UAS) and leverage their deep technical expertise in UAS guidance and navigation, autonomy and artificial intelligence.

Planck is a small technology company based in San Diego, California and will be acquired by AeroVironment’s Petaluma-based medium unmanned aircraft systems (MUAS) business segment to focus on integrating its flight autonomy solutions, such as ACE™ (Autonomous Control Engine), into AeroVironment’s offerings to enable safe, autonomous takeoff and landing from moving platforms on land or at sea in GPS-denied environments. Other solutions include AVEM™, a fully integrated mobile tethered sensor platform designed for persistent autonomous operation from moving vehicles and vessels in any environment, and a suite of machine-learning object detection and tracking systems that are customized for specific end-user needs.

“Planck has a compelling product and technology roadmap with valuable capabilities that we plan to deploy and integrate with AeroVironment’s existing portfolio of intelligent, multi-domain robotic systems,” said Wahid Nawabi, AeroVironment chairman, president and chief executive officer. “The Planck team has developed advanced unmanned autonomy and navigation solutions for various defense and commercial customers and by working together, we believe we offer more compelling and differentiated solutions to our customers moving forward.”

“This transaction accelerates AeroVironment’s innovation in flight autonomy, increasing the effectiveness of our solutions in contested environments and reducing the cognitive load of operators, and adds a tethered SUAS to our portfolio of systems, creating exciting opportunities for upcoming programs of record,” Nawabi added.

“AeroVironment’s heritage of creating innovative solutions to meet customer needs is an ideal fit for the Planck team,” said Josh Wells, Planck chief executive officer. “We couldn’t be more excited about joining forces with AeroVironment to deliver innovative, multi-domain unmanned systems to the next generation of U.S. and allied warfighters. AeroVironment’s reach, technical capabilities and portfolio of unmanned systems will enable the Planck team to scale our products to more customers, and to provide better solutions in less time.”

Advisor

Canaccord Genuity served as the exclusive financial advisor to Planck Aerosystems, Inc. in connection with the transaction.

About Planck Aerosystems

Based in San Diego, California, Planck Aerosystems develops and deploys navigation and autonomy solutions for tethered and free flight small unmanned aircraft systems that enable them to operate from moving platforms, including in GPS-denied environments, primarily for defense and industrial applications. Planck Aerosystems’ Autonomous Control Engine (ACE) has been integrated into over 30 different aircraft types of various sizes and configurations. For more information, visit www.planckaero.com.

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