News & Articles

• 2019 University Collaboration Project advances academic research, applications and crop production practices
• Quantix™ hybrid drone and the AeroVironment Decision Support System™ (AV DSS) deliver on-demand field intelligence to improve crop management for today’s growers
• Drone and data analytics ecosystem to be used in a wide variety of precision agriculture research studies

SIMI VALLEY, Calif., August 21, 2019 - AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems for both defense and commercial applications, today announced its 2019 Quantix and AV DSS University Collaboration Project. The project’s focus is to advance academic research, applications and crop production practices to improve the future of farming through the use of unmanned aircraft systems (UAS) and advanced data analytics.

• Contract award funded by U.S. Government fiscal year 2019 appropriations
• Raven systems support U.S. Army, Marine Corps, Air Force, Special Operations Command, National Guard and more than 25 defense forces around the globe
• Raven lightweight small unmanned aircraft system is designed for rapid deployment to deliver real-time tactical situational awareness

SIMI VALLEY, Calif., Aug. 19, 2019 – AeroVironment, Inc. (NASDAQ:AVAV), a global leader in unmanned aircraft systems for both defense and commercial applications, today announced it received a firm fixed-price contract award on July 25, 2019 valued at $45,190,881 for RQ-11B Raven® small unmanned aircraft systems (UAS) and initial spares packages. AeroVironment received the contract award from the United States Army for its Security Force Assistance Brigades (SFAB). Delivery is anticipated by January 2020.

The FAA has granted HAPSMobile Inc. a Certificate of Authorization (COA2) to fly the HAWK30 solar-powered UAS to provide a stratospheric telecommunications platform system in the Hawaiian island of Lanai’s stratosphere.

HAPSMobile has been working with the University of Alaska Fairbanks (UAF) and the University of Hawaii to conduct stratospheric test flights using HAWK30, as part of collaborative activities with the Pan-Pacific UAS Test Range Complex (PPUTRC).

• Pulse’s complementary Vertical Takeoff and Landing (VTOL) product family strengthens AeroVironment’s leading family of fixed-wing small unmanned aircraft systems (UAS)
• Acquisition expands total addressable market by increasing mission capabilities of AeroVironment family of systems
• Pulse Aerospace receives multi-year contract award with a maximum value of more than $13 million from undisclosed defense customer for Vapor VTOL unmanned systems, spares and services
• Acquisition expected to be accretive to AeroVironment earnings by the third full year of operations

SIMI VALLEY, Calif., June 11, 2019 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both defense and commercial applications, today announced it has acquired Pulse Aerospace, LLC, a developer and supplier of small VTOL UAS, for $25.7 million in cash, including milestone-based earn-out payments of $5 million. AeroVironment financed the transaction entirely from available cash on hand.

SIMI VALLEY, Calif., June 3, 2019 – AeroVironment, Inc. (NASDAQ: AVAV) today announced that President and Chief Executive Officer Wahid Nawabi will present at the William Blair Growth Stock Conference in Chicago on Wednesday, June 5, 2019 at 8:00 a.m. Central Time.

SIMI VALLEY, Calif., May 16, 2019 - AeroVironment, Inc. (NASDAQ:AVAV), a global leader in Unmanned Aircraft Systems (UAS) for both defense and commercial applications, today announced the retirement of Kirk Flittie, senior vice president and general manager. Flittie will retire due to health reasons on July 13, 2019 and will provide consulting services for a period of time thereafter to support his transition.

• Strategic teaming and collaboration between market leaders in their respective fields to demonstrate low-cost, flexible intelligence, surveillance, reconnaissance and precision strike in near-peer denied combat environments
• AeroVironment tube-launched small unmanned aircraft and tactical missile systems to be integrated with Kratos high-speed, low-cost attritable drones to dramatically enhance situational awareness and system effectiveness
• High-speed, larger unmanned aircraft will enable delivery of small, highly autonomous systems across significant distances in denied environments at coordinated times and locations

WASHINGTON, at Sea Air Space, May 7, 2019 – AeroVironment, Inc. (NASDAQ: AVAV), the leader in unmanned aircraft systems (UAS) and tactical missile systems (TMS), and Kratos Defense & Security Systems, Inc. (NASDAQ: KTOS) Unmanned Systems Division, the leader in high-speed, tactical drone targets and unmanned aircraft, today announced a new strategic relationship to develop and demonstrate highly integrated and operationally effective multi-domain unmanned system solutions for near-peer, denied environments.

• New operation to expand advanced engineering and innovation capacity in key region to support AeroVironment’s growth strategy
• Led by Tom Vaneck, former vice president of InstantEye Robotics
• Special recruiting event featuring top AeroVironment leadership scheduled for 1:30 p.m. on May 1 at Xponential

CHICAGO, at AUVSI XPONENTIAL – April 30, 2019 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in Unmanned Aircraft Systems (UAS) for both defense and commercial applications, today announced the creation of its New England Innovation Center (NEIC). The new office will lead development of advanced solutions complementing AeroVironment’s market-leading small UAS and furthering the company’s growth strategy.

AeroVironment is gaining altitude

The Simi Valley company — whose drones and tactical missile systems are used extensively by the U.S. military — has partnered with SoftBank Corp. to develop a telecommunications platform that can operate in the stratosphere to help bridge the world’s digital divide.

• Developed for high-altitude, long-endurance operation, HAWK30 is designed to deliver telecommunications network and other types of connectivity from the sky to the ground
• HAPSMobile Inc., a joint venture between AeroVironment and SoftBank Corp., recently increased the ceiling value of its Design Development Agreement with AeroVironment to $126 million
• AeroVironment participated in a joint press conference with SoftBank Corp. in Tokyo today at 11:30 am JST

TOKYO, April 25, 2019 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in Unmanned Aircraft Systems (UAS) for both defense and commercial applications, today announced the achievement of a significant solar HAPS project milestone, the assembly of the first HAWK30 solar HAPS for its HAPSMobile joint venture with SoftBank Corp.HAPS stands for High-Altitude Pseudo-Satellite or High-Altitude Platform Station.