United States Army Awards AeroVironment $146 Million Lethal Miniature Aerial Missile Systems (LMAMS) Contract Funded at $76 Million for First Year of Switchblade Systems Procurement

May 14, 2020
  • AeroVironment’s combat proven Switchblade with patented wave-off feature provides operators with increased lethality, reach and precision strike capabilities with low collateral effects
  • First year of funding approved through Joint Urgent Operational Need Statement, reflecting high-priority requirement and strong user demand from the frontline
  • AeroVironment provides full system solution, including Switchblade systems, operator training, support and logistics

SIMI VALLEY, Calif., at vSOFIC, May 14, 2020 – AeroVironment, Inc. (NASDAQ:AVAV), a global leader in unmanned aircraft systems (UAS), announced the receipt of a one-year, $75,930,901 funded contract award on April 30, 2020 from the United States Army for procurement of the company’s Switchblade® loitering missile system. The contract award was funded for the first year of procurement through a Joint Urgent Operational Need Statement from the United States Army Tactical Aviation and Ground Munitions (TAGM) project office. Start of deliveries is anticipated by September 2020. Two additional one-year options, currently unfunded, would extend the period of performance through April 2023 on a sole-source basis.

“For nearly a decade, AeroVironment’s Switchblade has delivered unmatched force protection and precision strike capabilities at the battlefield edge to the U.S. Army,” said Brett Hush, AeroVironment senior product line general manager of Tactical Missile Systems. “We will continue to enhance the capabilities of this battle-proven product, and stand ready with a proven supply chain and customer support system in order to respond effectively to U.S. and allied customers’ needs.”
AeroVironment’s combat proven Switchblade is back-packable and rapidly deployable from ground platforms including a 6-pack launcher, providing warfighters with rapid-response force protection and precision strike capabilities up to 10 kilometers (6 miles) from its launch location. Its high precision, combined with specialized effects and patented wave-off feature, results in Switchblade’s ability to minimize or even eliminate collateral damage. 

Northrop Grumman is a key partner on the Switchblade system, providing single purpose and multimode warheads for the program.
Learn more about Switchblade at the AeroVironment, Industry Showcase at vSOFIC https://www.sofic.org/vsofic or at www.avinc.com/switchblade.

About AeroVironment Tactical Missile Systems
Switchblade® and Blackwing™ form the basis of AeroVironment’s emerging family of Tactical Missile Systems. Switchblade is a back-packable, rapidly deployable, precision strike loitering missile for beyond line-of-sight targets that minimizes collateral damage and can be tube-launched from land, sea or air platforms. Blackwing is a variant of Switchblade, designed to provide rapid-response intelligence, surveillance and reconnaissance capabilities and can be launched from surface vessels, submerged submarines and unmanned underwater vehicles. Switchblade and Blackwing are compatible with AeroVironment’s Multipack Launcher (MPL), an all-weather remotely operated launch battery that can be integrated into land, shipboard or mobile operations.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment Awarded $2.6 Million Contract from U.S. Ally to Enhance Existing Puma™ Fleet with Puma LE Capabilities, Plus Existing Fleet Support

May 12, 2020
  • Contract includes spares to support customer’s existing fleet of tactical unmanned aircraft systems (UAS) and adoption of Puma LE (Long Endurance)
  • Puma LE provides Group 2 features in a Group 1 footprint, 5.5-hour endurance and persistent data with increased time on station in an economical two-case mission packout
  • Customer is one of more than 45 allied governments employing AeroVironment’s innovative family of tactical UAS

SIMI VALLEY, Calif., at vSOFIC, May 12, 2020 – AeroVironment, Inc. (NASDAQ:AVAV), a global leader in unmanned aircraft systems (UAS), today announced that a U.S. ally and longtime customer awarded the company a firm-fixed-price contract valued at $2,685,057 on February 20, 2020 for AeroVironment’s recently introduced Puma™ LE. The order also included spares to support the customer’s existing fleet of AeroVironment tactical UAS. The contract award period of performance is one year.

“Puma LE is the newest member of our combat-proven family of tactical unmanned aircraft systems,” said Rick Pedigo, vice president of sales and business development for AeroVironment. “Puma LE provides customers with Group 2 UAS endurance capabilities, nearly doubling the time on station of Puma 3, with cost savings and the footprint of a Group 1 unmanned aircraft.”

The AeroVironment Puma LE weighs only 22.5 pounds (10.4 kilograms), is launchable by hand or bungee and provides a dedicated secondary payload bay in addition to its Mantis i45 gimbaled EO/IR sensor. On-board batteries provide 5.5 hours of flight endurance with an operational range of 37.2 miles (60 kilometers) when used with AeroVironment’s Long-Range Tracking Antenna (LRTA). Puma LE’s economical dual-case mission pack contains everything needed to perform two complete 5.5-hour missions with a single aircraft and Ground Control System (GCS). Puma LE utilizes plug and play, interoperable line-replaceable unit (LRU) components that can be shared with other Puma AE aircraft.

AeroVironment’s family of tactical UAS comprises the majority of all unmanned aircraft in the U.S. Department of Defense (DoD) inventory and its rapidly growing international customer base numbers more than 45 allied governments.

Learn more about Puma LE by attending a virtual product presentation at vSOFIC https://www.sofic.org/vsofic, Tuesday, May 12th at 1 PM (EST) in the AeroVironment, Industry Showcase.

About AeroVironment Tactical UAS
The RQ-20A/B Puma™, Puma™ LE, RQ-11B Raven®, RQ-12A Wasp®, together with the VAPOR® Helicopter comprise AeroVironment’s family of tactical unmanned aircraft systems. This family of systems provides increased capability to the warfighter that gives ground commanders the option of selecting the appropriate aircraft based on the type of mission to be performed. This increased capability has the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel. AeroVironment provides logistics services worldwide to ensure a consistently high level of operational readiness. AeroVironment has delivered thousands of new and replacement tactical unmanned air vehicles to customers within the United States and to more than 45 allied governments.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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Royal Navy’s Drones Trials Team Take To Sea

May 06, 2020

Their job is to test and operate drones for possible use by the Royal Navy.

And 700X Naval Air Squadron have been working hard over the past few months to trial unmanned equipment and its suitability for future operations. Based at Royal Naval Air Station Culdrose, 700X has taken to the sea in the latest step of its pioneering adventure into remotely-piloted air systems. They headed out for a week of trials on board the fishery protection ship HMS Mersey. 700X commanding officer Lieutenant Commander Justin Matthews said it was a hugely exciting time to be at the cutting-edge of UAV (unmanned aerial vehicle) technology.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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Locally Made Craft Headed for Mars Gets Name

April 30, 2020

The helicopter developed in Simi Valley by AeroVironment Inc. that will be aboard the next Mars Rover has a name – Ingenuity.

The name was announced Wednesday by NASA Administrator Jim Bridenstine, who chose it from a submission by Alabama high school student Vaneeza Rupani.

“Ingenuity encapsulates the values that our helicopter tech demo will showcase for everyone when it takes off next year as the first aircraft on another planet’s surface,” Bridenstine said in a statement. “It took a lot of hard and ingenious work to get the helicopter ready and then placed on the rover, and there’s a lot more going to be required.”

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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Mission-Critical Mapping

April 28, 2020

Attention toward technology often favors the big, shiny and super-equipped. This may be especially true for military UAS, where airline-sized RQ-4 Global Hawks, heavily-armed Reapers and other frontline fliers attract the spotlight.

But say you have an intel team operating in remote areas when you need high resolution, up-to-date maps and don’t have an internet connection? Or when that team is working independent of a large base and needs to conduct bomb damage assessment without revealing its position? And what if the operators don’t have all that much UAS experience in the first place?

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment Unveils Quantix™ Recon, Fully-Automated Hybrid Vertical Takeoff and Landing Unmanned Aircraft System for Defense Applications

April 23, 2020
  • Quantix Recon delivers on-demand, georeferenced aerial imagery, providing quick visibility for on-site mission planning and verification
  • Fully-Automated, hybrid vertical take-off and landing (VTOL) design and radio frequency silent mode enable aircraft to conduct missions undetected
  • Powerful onboard processing delivers high-resolution imagery immediately on the included operating tablet upon landing – no other devices, internet or software required


SIMI VALLEY, Calif., April 23, 2020 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS), today announced the availability of Quantix™ Recon, a lightweight, rapidly deployable, fully-automated reconnaissance solution that delivers high resolution, georeferenced terrain, vegetation and infrastructure imagery, providing ground forces with on-demand actionable intelligence.

With its unique hybrid VTOL design, Quantix Recon combines the vertical takeoff and landing advantages of a multirotor drone with the range, speed and efficiency of a fixed-wing unmanned aircraft. Featuring fully-automated flight operation, Quantix Recon surveys up to 1.6 square kilometers (0.6 square miles), or 20 linear kilometers (12.4 miles) per 45-minute single battery flight. Multiple automated reconnaissance mode options allow users to choose between line (route), area and waypoint targeted data capture. Collected aerial imagery data is compatible with a wide range of available geographic information system (GIS) analytical tools to facilitate further analysis.

“AeroVironment’s Quantix Recon is a low-cost reconnaissance solution that can be in the air within minutes, capturing high-resolution georeferenced imagery of hard to access areas or dynamically changing environments.” said Rick Pedigo, vice president of sales and business development for AeroVironment. “Because it does not rely on radio signals during flight, Quantix Recon offers greater stealth for concealed operations and is unaffected by radio frequency jammers, providing greater protection for frontline troops while reducing cognitive load.”

Powerfully simple to use, Quantix Recon is fully-automated and hands-free with five optional flight altitudes, ranging from 150 feet to 800 feet. Simple, automated operation makes Quantix Recon easy for users to vary the coverage area and image resolution to suit their aerial reconnaissance needs.

Quantix Recon is equipped with dual 18-megapixel cameras that can capture both high resolution true color and multispectral georeferenced imagery. Powerful, on-board processing allows users to immediately view the high-resolution geospatial imagery on the included operating tablet as soon as the aircraft lands, requiring no other devices, internet or software. And, through the operating tablet’s Quick-Look HD app feature, users can pinch and zoom navigation down to centimeter-level ground sampling distance, enabling them to pinpoint and react to critical issues with precision and speed.

To learn more, visit www.avinc.com/Quantix-Recon, or view the recorded Quantix Recon Press Briefing at https://event.webcasts.com/starthere.jsp?ei=130197... using the password “QuantixRecon.”


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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Contact:
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Puma sUAS Pounces

April 21, 2020

A just-announced contract for the U.S. Navy and Marines to expand use of AeroVironment’s Puma™ sUAS continues the company’s success with small unmanned tactical aircraft systems.

The $10.68 million fixed-price contract will purchase Puma™ 3 AE [All Environment] systems and spares for the Navy and the Marine Corps Small Tactical Unmanned Aircraft Systems Program. The agreement was signed in February; delivery is anticipated imminently.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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Contact:
AeroVironment, Inc.
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AeroVironment Awarded $2.4 Million Raven® Unmanned Aircraft Systems Foreign Military Sales Contract for U.S. Ally

April 14, 2020
  • Raven lightweight small unmanned aircraft system is designed for rapid deployment, delivering real-time tactical situational awareness to warfighters
  • United States Department of Defense Foreign Military Sales program facilitates interoperability among U.S. and allied forces
  • AeroVironment’s innovative family of tactical UAS are deployed by more than 45 allied governments

SIMI VALLEY, Calif., April 14, 2020 – AeroVironment, Inc. (NASDAQ:AVAV), a global leader in unmanned aircraft systems (UAS), today announced it received a $2,424,595 firm-fixed-price contract on March 3, 2020 to provide Raven® small unmanned aircraft systems (UAS) and training to an allied nation. Delivery is anticipated by August 2020.

“With its rugged design, small footprint and high resolution sensor capabilities, the combat-proven Raven offers allied forces the actionable intelligence they need at a moment’s notice in the most extreme environments,” said Rick Pedigo, vice president of sales and business development for AeroVironment.

AeroVironment’s Raven system is designed for rapid deployment and high mobility for operations requiring low-altitude intelligence, surveillance and reconnaissance. With a wingspan of 4.5 feet and weighing just 4.2 pounds (1.9 kilograms), the hand-launched Raven provides situational awareness, day or night, with an operational range of 6.2 miles (10 kilometers). The Raven’s Mantis i23 EO/IR gimbaled payload delivers real-time video or infrared imagery to ground control and remote viewing stations.

AeroVironment’s family of small UAS comprises the majority of all unmanned aircraft in the U.S. Department of Defense (DoD) inventory and its rapidly growing international customer base numbers more than 45 allied governments. To learn more visit www.avinc.com.

About AeroVironment Tactical UAS
The RQ-20A/B Puma™, Puma™ LE, RQ-11B Raven®, RQ-12A Wasp®, together with the VAPOR® Helicopter comprise AeroVironment’s family of tactical unmanned aircraft systems. This family of systems provides increased capability to the warfighter that gives ground commanders the option of selecting the appropriate aircraft based on the type of mission to be performed. This increased capability has the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel. AeroVironment provides logistics services worldwide to ensure a consistently high level of operational readiness. AeroVironment has delivered thousands of new and replacement tactical unmanned air vehicles to customers within the United States and to more than 45 allied governments.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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Contact:
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.(JavaScript must be enabled to view this email address)

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AeroVironment Awarded $10.7 Million Puma™ 3 AE Contract for United States Navy and Marine Corps Small Tactical Unmanned Aircraft Systems Program

April 07, 2020
  • Award builds on the U.S. Navy and Marine Corps ongoing use of Puma 3 All Environment (AE) small unmanned aircraft systems for persistent situational awareness and force protection as well as expeditionary reconnaissance, surveillance, and target acquisition (RSTA)
  • Puma 3 AE UAS deliver immediate tactical RSTA in maritime and land-based operations
  • AeroVironment’s family of tactical UAS comprises the majority of all unmanned aircraft in the U.S. Department of Defense (DoD) inventory; deployed by more than 45 allied governments

SIMI VALLEY, Calif., April 7, 2020 – AeroVironment, Inc. (NASDAQ:AVAV), a global leader in unmanned aircraft systems (UAS), today announced its receipt of a $10,677,987 firm-fixed-price contract award for Puma™ 3 AE systems and spares on Feb. 18, 2020 for the U.S. Navy and Marine Corps Small Tactical Unmanned Aircraft Systems (SUAS) Program. Delivery is anticipated by April 2020.

“Puma 3 AE is a combat-proven enabler of U.S. Navy and Marine Corps tactical operations, providing persistent situational awareness, expeditionary reconnaissance, surveillance, and target acquisition, force protection and overwatch – anywhere and at any time,” said Rick Pedigo, AeroVironment vice president of business development. “Its versatility, ruggedness and reliability in a wide range of operating environments – over land and sea – consistently provide the actionable intelligence warfighters need to proceed with certainty.”

The AeroVironment Puma 3 AE is a fully man-portable unmanned aircraft system designed for land and maritime operations. The hand-launched Puma 3 AE has a wingspan of 9.2 feet (2.8 meters), weighs 15 pounds (6.8 kilograms) and can operate for up to 2.5 hours at a range of up to 12.4 miles (20 kilometers) with a standard antenna, and up to 37.2 miles (60 kilometers) with AeroVironment’s Long-Range Tracking Antenna (LRTA). Capable of landing in water or on land, the all-environment Puma, with its Mantis i45 EO/IR sensor suite, empowers the operator with extended flight time and a level of imaging capability never before available in the small UAS class.

AeroVironment’s family of small UAS comprises the majority of all unmanned aircraft in the U.S. Department of Defense (DoD) inventory and its rapidly growing international customer base numbers more than 45 allied governments. To learn more visit www.avinc.com.

About AeroVironment Tactical UAS
The RQ-20A/B Puma™, Puma™ LE, RQ-11B Raven®, RQ-12A Wasp®, together with the VAPOR® Helicopter comprise AeroVironment’s family of tactical unmanned aircraft systems. This family of systems provides increased capability to the warfighter that gives ground commanders the option of selecting the appropriate aircraft based on the type of mission to be performed. This increased capability has the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel. AeroVironment provides logistics services worldwide to ensure a consistently high level of operational readiness. AeroVironment has delivered thousands of new and replacement tactical unmanned air vehicles to customers within the United States and to more than 45 allied governments.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment and Draganfly Announce Teaming Agreement for Distribution of Quantix Mapper to Commercial Markets

March 24, 2020

SIMI VALLEY, Calif. and RALEIGH, N.C., March 17, 2020 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS), and Draganfly (CSE: DFLY) (OTCQB: DFLYF) (FSE: 3U8), an award-winning, industry-leading manufacturer within the commercial unmanned aerial systems (“UAS”), remotely piloted aircraft systems (“RPAS”), and unmanned vehicle sectors, today announced a teaming agreement for Draganfly’s distribution of AeroVironment’s Quantix Mapper systems to commercial markets worldwide. The agreement also includes the continuation of other contract engineering services provided by Draganfly to AeroVironment.

Under the teaming agreement, AeroVironment will provide Draganfly sales, marketing collateral, and product technical support for the Quantix Mapper system. Draganfly will provide e-commerce, enterprise and direct sales operations, and oversee development of a network of resellers and strategic distribution partners worldwide.

In advance of the approaching agriculture season in the Northern Hemisphere, Draganfly has procured a significant number of Quantix Mapper systems from AeroVironment. Draganfly plans to expand commercial distribution of Quantix Mapper to the Southern Hemisphere over the next year, and to other industries including environmental resource management, oil & gas, construction, insurance, and public safety.

“Quantix Mapper represents the combination of drone operation, high-resolution imaging and geo-tagging into the first ‘drone as an app’ solution that makes data collection as easy as using a tablet computer,” said Rick Pedigo, AeroVironment vice president of sales and business development. “As a leader in the commercial and first responder drone market, Draganfly is uniquely positioned to deliver the value of Quantix Mapper to customers in multiple market segments to help save lives, protect property, increase productivity and enhance safety.”

“Draganfly has been manufacturing and distributing innovative, multi-rotor and fixed wing drones for commercial applications around the world for 22 years. We were truly impressed with the ease of use, performance, and reliability of AeroVironment’s hybrid Quantix Mapper system” said Patrick Imbasciani, Draganfly’s chief operating officer. “Flying 400 acres in less than 45 minutes on one battery is remarkable. Programming flights by simply drawing a shape on a tablet screen map, selecting an altitude, and following a few prompts, is so easy. Built in visual and multispectral sensors and the ability to take off and land almost anywhere, allow this drone to be used for a variety of applications right out of the box. Equally exciting, is the competitive price.”

Quantix Mapper is a simple to use drone empowering users through its fully-automated operation and instant insight. Its hybrid design allows the aircraft to launch vertically and transition to horizontal flight, maximizing aerodynamic efficiency and range. Users can immediately view high resolution imagery on the included Operating Tablet – no other devices, internet or additional software required. With the touch of a button, users can quickly and safely generate up-to-date maps for infield assessment. Whether assessing crop health during key stages, or damage from storm, flood or fire, Quantix Mapper makes it easy to gather accurate images across a large area, assess and react to the situation with precision and speed.

For more information and to order Quantix Mapper, please visit: www.draganfly.com/quantix


About AeroVironment, Inc.
AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. For more information visit www.avinc.com.

About Draganfly
Draganfly Inc. (CSE: DFLY; OTCQB: DFLYF; FSE: 3U8) is the creator of cutting-edge, autonomous systems and software that revolutionize the way people do business. Recognized as being at the forefront of technology for 22 years, Draganfly is an award-winning, industry-leading manufacturer within the commercial UAS and RPAS space, serving the public safety, agriculture, industrial inspections and mapping and surveying markets. Draganfly is a company driven by passion, ingenuity and the need to provide efficient solutions and first-class services to its customers around the world with the goal of saving time, money and lives.

For more information on Draganfly, please visit www.draganfly.com. For additional investor information visit https://www.thecse.com/en/listings/technology/draganfly-inc, https://www.otcmarkets.com/stock/DFLYF/overview or https://www.boerse-frankfurt.de/aktie/draganfly-inc.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment makes an impact on local schools through its Corporate Social Responsibility Program

February 18, 2020

AeroVironment makes an impact on local schools through its Corporate Social Responsibility Program

As part of its Corporate Social Responsibility Program, AeroVironment continued its commitment to making an impact in the community in 2019 by earmarking money for the Simi Valley Education Foundation's (SVEF) annual Enhancements Grant Program. AeroVironment chose to fund grants specifically for Science, Technology, Engineering, and Mathematics (STEM)-related projects throughout the Simi Valley Unified School District. Money was awarded based on grant requests written by teachers for enhancement of education in their classrooms. Distributed funds were presented in person at each school for immediate use.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment Receives $8.5 Million Puma™ 3 AE Foreign Military Sales Contract Award for U.S. Central Command Ally

February 10, 2020
  • Puma 3 All Environment (AE) unmanned aircraft system delivers immediate tactical ISR in maritime and land based operations
  • More than 45 allied governments have procured one or more of AeroVironment’s family of tactical unmanned aircraft systems (UAS)

SINGAPORE--(BUSINESS WIRE)--at the Singapore Air Show - AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS), today announced it received a $8,584,734 firm-fixed-price U.S. Department of Defense Foreign Military Sales contract. The contract was awarded on December 17, 2019 to provide Puma™ 3 AE unmanned aircraft systems, training and support to an allied nation. Delivery is anticipated by June 2020.

“Customers in the United States and around the world deploy AeroVironment’s rugged family of tactical unmanned aircraft systems, including Puma, to provide their forces the actionable intelligence they need to proceed with certainty in a broad range of operating environments,” said Rick Pedigo, vice president of sales and business development for AeroVironment. “We designed our combat-proven unmanned aircraft systems to be easy to use, reliable and to provide the operational flexibility frontline forces need to succeed in the most demanding conditions.”

The AeroVironment Puma 3 AE is a fully man-portable unmanned aircraft system designed for land and maritime operations. The hand-launched Puma 3 AE has a wingspan of 9.2 feet (2.8 meters), weighs 15 pounds (6.8 kilograms) and operates for up to 2.5 hours at line-of-sight range of 20 kilometers with a standard antenna, and up to 60 kilometers with AeroVironment’s Long-Range Tracking Antenna. Capable of landing in water or on land, the all-environment Puma, with its Mantis i45 sensor suite, empowers the operator with extended flight time and a level of imaging capability never before available in the small UAS class.

For more information, visit AeroVironment at the Singapore Air Show 2020, US Pavilion, Stand V68.

About AeroVironment Small UAS

The RQ-20A/B Puma™, Puma™LE, RQ-11B Raven®, RQ-12A Wasp®, together with the VAPOR® Helicopter UAS comprise AeroVironment’s family of tactical Unmanned Aircraft Systems. This Family of Systems provides increased capability to the warfighter that gives ground commanders the option of selecting the appropriate aircraft based on the type of mission to be performed. This increased capability has the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel. AeroVironment provides logistics services worldwide to ensure a consistently high level of operational readiness. AeroVironment has delivered thousands of new and replacement tactical unmanned air vehicles to customers within the United States and to more than 45 allied governments.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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Alphabet’s Loon and SoftBank’s HAPSMobile turn solar-powered drones into flying cell towers

February 06, 2020

Alphabet-owned Loon, the company that had been focused on delivering internet communications to remote areas via stratospheric balloons, has completed development work on a new payload for partner HAPSMobile, a subsidiary of SoftBank that’s building high-altitude solar-powered uncrewed aircraft. The two companies jointly adapted the communications technology that enables Loon’s balloons to beam communications networks to Earth for use on HAPSMobile's drones, effectively turning them into high-flying mobile cell towers.

This is the result of a strategic partnership that the two companies announced back in April of last year, but an important step because it means that Loon’s technology will get its first functional tests on vehicles other than its balloon-based platform. The HAWK30 aircraft that HAPSMobile developed is a solar-powered electric aircraft that flies at speeds of over 100 km/h (around 60 mph) in the stratosphere (with an operating altitude of around 65,000 feet), which is much faster than Loon’s balloons, which meant adapting the payload to perform at these speeds.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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U.S. Coast Guard Deploys Puma™ AE during Operation Deep Freeze

February 04, 2020

AeroVironment's Puma AE Makes Historical Debut to Assist with Navigation through Icy Waters

Puma AE made history in 2016! Never before had an unmanned aircraft system been used by the U.S. Coast Guard Cutter Polar Star for its annual Deep Freeze mission to Antarctica's McMurdo Sound. Every year, this heavy icebreaker travels to the Sound to open up the shipping lanes needed to resupply the National Science Foundation's McMurdo Station and other facilities on Ross Island.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment Appoints Kevin McDonnell as Chief Financial Officer

January 23, 2020

SIMI VALLEY, Calif.--(BUSINESS WIRE)–Jan. 23, 2020– AeroVironment, Inc. (NASDAQ:AVAV), a global leader in unmanned aircraft systems (UAS), today announced the appointment of Kevin McDonnell as senior vice president and chief financial officer, effective February 10, 2020.

"We welcome Kevin McDonnell to the AeroVironment team as senior vice president and CFO,” said Wahid Nawabi, AeroVironment president and chief executive officer. “Kevin’s extensive leadership and CFO experience across diverse industries give him unique insights and perspectives that will support AeroVironment’s continued growth and success. Generating value for shareholders remains our top priority, and we look forward to working closely with Kevin to deliver on this objective.”

“I am excited to join AeroVironment at this exciting time in the company’s history,” said Mr. McDonnell. “The AeroVironment team has generated significant value for its shareholders, with a demonstrated track record of strong, profitable growth. I look forward to working with Wahid and the rest of the leadership team to enhance the company's financial and operational performance."

Brian Shackley, who served as interim chief financial officer during this extensive search, will remain vice president and controller. Mr. Nawabi continued, “We thank Brian for taking on the additional role of interim CFO throughout the search process, and look forward to continuing to benefit from his expertise and leadership as a key member of our team.”

About Kevin McDonnell

Prior to joining AeroVironment, Mr. McDonnell served as chief financial officer of JAMS, Inc., which provides alternative dispute resolution services. During his tenure at JAMS, Mr. McDonnell helped the company nearly double its revenue and more than double its EBITDA. Mr. McDonnell brings more than 30 years of experience in financial, IT and HR leadership roles, including serving as chief financial officer for companies in the technology, automotive and health industries. Most notably, Mr. McDonnell held various senior financial roles at Teradata Corporation during its high-growth phase, where the company grew from $3 million to $300 million in revenue and expanded globally into Europe and Asia. Mr. McDonnell also served as CFO of Digital Insight, where he was instrumental in significantly growing its annual revenue, taking the company public and leading three acquisitions.

Mr. McDonnell earned his J.D. at Loyola Law School and graduated cum laude with a Bachelor of Arts degree in Business Administration from Loyola Marymount University.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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Learn How the National Park Service Acquired Actionable Data Using Quantix UAS

January 20, 2020

How the National Park Service Acquired Actionable Data Using Quantix UAS

It's been over a year since the devastating Woolsey Fire burned more than 96,000 acres across Los Angeles and Ventura Counties. The fire destroyed 88% of National Park Service land within the Santa Monica Mountains Recreation Area and set in motion a need for an environmental impact study to assess fire damage in key areas of the park. The National Park Service reached out to AeroVironment for assistance, and the flight operation's team began flying Quantix as soon as the park service clearance was obtained.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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Bahamas Relief Operation

December 20, 2019

AeroVironment Team Supported Hurricane Dorian Aid Efforts 

"The Damage was unimaginable." said AeroVironment Flight Operations Manager Eric Thompson as he surveilled the destruction from Hurrican Dorian on Abaco - a small group of islands in the northern Bahamas. "When we arrived, we could see that the hurricane had destroyed everything in its path."


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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Can Insects Provide the “Know-How” for Advanced Artificial Intelligence?

December 02, 2019

The Defense Advanced Research Projects Agency (DARPA) has set out to find ways to build artificial intelligence (AI) systems that are as efficient at computing and processing as the brain of small flying insects. DARPA wants to explore cutting-edge technology that involves the study of insect brains and their ability to react to the world around them with minimal computation.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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Puma™ LE – Janes Defence Weekly

November 23, 2019

AeroVironment – A History of Innovation

“Innovation is embedded into AeroVironment’s DNA and drives everything we do – from expanding the capabilities of small unmanned aircraft systems to creating new technology solutions that provide increased force protection across multiple domains. When the stakes are highest, customers trust AeroVironment’s UAS solutions to provide the actionable intelligence they need to proceed with certainty.” 

WAHID NAWABI, PRESIDENT AND CHIEF EXECUTIVE OFFICER, AEROVIRONMENT

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment Settles with United States Department of State for Voluntarily Reported Alleged Export Violations

November 21, 2019
  • The company voluntarily reported issues from the period June 5, 2014 to December 22, 2016
  • U.S. Department of State cites the company’s efforts to improve compliance and finds no cause for debarment

SIMI VALLEY, Calif., Nov 21, 2019AeroVironment, Inc. (NASDAQ:AVAV), a global leader in unmanned aircraft systems (UAS), today announced it has reached a settlement with the United States Department of State for alleged export violations the company reported voluntarily for the period June 5, 2014 to December 22, 2016.AeroVironment has agreed to pay $1,000,000 over a two-year period, $500,000 of which is suspended and can be credited against investments already made or to be made to enhance export controls. AeroVironment will also hire an outside Special Compliance Officer (SCO) for a term of one year and conduct an external audit to assess and improve its compliance program during the Consent Agreement term.

“AeroVironment’s unmanned aircraft systems provide meaningful operational advantages to frontline troops of the United States and more than 45 allied nations,” said Melissa Brown, AeroVironment vice president and general counsel. “We understand the importance of protecting our technology while making it available to help protect our allies, and therefore take United States export regulations very seriously. We will continue to enhance our export controls and appreciate the Department of State’s acknowledgement of the corrective actions we have already taken.”

In reaching this settlement, the Department of State considered certain mitigation factors with respect to the alleged violations.An announcement from the Department of State included the following statement:

“AeroVironment voluntarily disclosed to the Department the alleged AECA (Arms Export Control Act) and ITAR (International Traffic in Arms Regulations) violations, which are resolved under this settlement.AeroVironment also acknowledged the serious nature of the alleged violations, cooperated with the Department’s review, and instituted a number of compliance program improvements during the course of the Department’s review. For these reasons, the Department has determined that it is not appropriate to administratively debar AeroVironment at this time.”


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment Awarded $12 Million Support Contract from Major Middle Eastern Ally

November 14, 2019
  • Contract includes support, spares and repair services for existing fleet of Puma and Raven tactical unmanned aircraft systems
  • More than 45 allied governments deploy systems from AeroVironment’s innovative family of tactical UAS

SIMI VALLEY, Calif., Nov. 14, 2019 – AeroVironment, Inc. (NASDAQ:AVAV), a global leader in unmanned aircraft systems (UAS), today announced a major Middle Eastern ally awarded the company a firm fixed-price contract valued at $11,999,992 on October 25, 2019 for logistics support, spares, and repair services in support of its existing fleet of AeroVironment’s Puma™ AE and Raven® B tactical UAS. The contract award period of performance is two years.

“Our United States and global customers require reliable, rugged and combat-proven tactical unmanned aircraft systems that defense and security personnel can deploy immediately from their rucksacks without the need for runways or other launch logistics,” said Rick Pedigo, vice president of sales and business development for AeroVironment. “This order builds on our fast-growing international customer base as more allied forces rely on our innovative systems to proceed with certainty on the frontlines.”

AeroVironment’s Raven system is designed for rapid deployment and high mobility for applications requiring low-altitude intelligence, surveillance and reconnaissance. With a wingspan of 4.5 feet and weighing 4.2 pounds, the hand-launched Raven provides aerial observation, day or night, at line-of-sight range of at least 6.2 miles (10 kilometers). The Raven’s stabilized gimbaled payload delivers real-time color or infrared imagery to ground control and remote viewing stations.

The AeroVironment Puma AE is a fully man-portable unmanned aircraft system designed for land and maritime operations. The hand-launched Puma AE has a wingspan of 9.2 feet, weighs 15 pounds and operates for up to 2.5 hours at line-of sight range of 20 kilometers with a standard antenna, and up to 60 kilometers with AeroVironment’s Long-Range Tracking Antenna. Capable of landing in water or on land, the all-environment Puma, with its Mantis i45 sensor suite, empowers the operator with extended flight time and a level of imaging capability never before available in the small UAS class.

About AeroVironment Tactical UAS

The RQ-20A/B Puma™, Puma™ LE, RQ-11B Raven®, RQ-12A Wasp®, together withVAPOR® Helicopter UAS comprise AeroVironment’s family of tactical Unmanned Aircraft Systems. This Family of Systems provides increased capability to the warfighter that gives ground commanders the option of selecting the appropriate aircraft based on the type of mission to be performed. This increased capability has the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel. AeroVironment provides logistics services worldwide to ensure a consistently high level of operational readiness. AeroVironment has delivered thousands of new and replacement tactical unmanned air vehicles to customers within the United States and to more than 45 allied governments.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment Wins U.S. Army Contract Valued at Up to $55 Million for Radio Frequency Modifications to Raven® B Unmanned Aircraft Systems

November 13, 2019
  • Potential contract options total as much as $55 million; initial base delivery order is $862,488
  • Hand-launched AeroVironment Raven is the most widely used military unmanned aircraft system in the world

SIMI VALLEY, Calif., Nov. 13, 2019 – AeroVironment, Inc. (NASDAQ:AVAV), a global leader in unmanned aircraft systems (UAS) for both defense and commercial applications, announced the U.S. Army awarded the company a firm-fixed-price contract on June 6, 2019 to begin radio frequency modifications on its currently deployed Raven® UAS. The initial base delivery order is $862,488, with potential contract options valued up to $55 million.

“AeroVironment engineered and manufactures the Raven system, so we are best equipped to support quick and efficient field upgrades to ensure maximum Raven system uptime and force protection for operators around the world,” said Rick Pedigo, vice president, sales and business development for AeroVironment. “AeroVironment and the Army are committed to supplying soldiers closest to the fight with the most advanced aerial robotic technology to gain critical situational awareness anywhere and at any time to help them proceed with certainty.”

AeroVironment won the competitive bid as part of the Army’s $248.5 million five-year Indefinite Delivery Indefinite Quantity small UAS sustainment contract announced in April 2018. AeroVironment and six other awardees were selected as part of the IDIQ contract, which covers six domains: Systems, Tactical Open Government Owned Architecture (TOGA), Other Major Components, RQ-20A Puma Spares, RQ-11B Raven Spares and Flight Control Systems (FCS). The Army selected AeroVironment as the sole-source supplier for RQ-20A and RQ-11B spares and for FCS.

AeroVironment’s Raven system is designed for rapid deployment and high mobility for applications requiring low-altitude intelligence, surveillance and reconnaissance. With a wingspan of 4.5 feet and weighing 4.2 pounds, the hand-launched Raven provides aerial observation, day or night, at line-of-sight ranges up to approximately 6.2 miles (10 kilometers). With its stabilized gimbaled payload, the Raven delivers real-time color or infrared imagery to ground control and remote viewing stations.

About AeroVironment Small UAS

TheRQ-20A/B Puma™,RQ-11B Raven®,RQ-12A Wasp®, together with VAPOR Helicopter UAS comprise AeroVironment’s family of tactical unmanned aircraft systems. This Family of Systems provides increased capability to the warfighter that gives ground commanders the option of selecting the appropriate aircraft based on the type of mission to be performed. This increased capability has the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel. AeroVironment provides logistics services worldwide to ensure a consistently high level of operational readiness. AeroVironment has delivered thousands of new and replacement tactical unmanned air vehicles to customers within the United States and to more than 45 allied governments.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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HAPSMobile Successfully Completes Second HAWK30 Solar HAPS Test Flight

November 07, 2019

HAPSMobile Inc. (“HAPSMobile”), a subsidiary of SoftBank Corp. (TOKYO: 9434) and minority-owned by AeroVironment, Inc. (NASDAQ: AVAV), today announced the second successful test flight of the HAWK30 solar-powered high-altitude platform system (HAPS) that took place on October 23, 2019 (PT) at the NASA Armstrong Flight Research Center in California.

The test flight reached altitudes higher than those of the previous flight, and was conducted continuously for approximately one hour and 30 minutes. The HAWK30 successfully achieved more than two dozen test points, including 180-degree turns and further validation of avionics, power and propulsion performance. The team also simulated precise landing control on the runway, similar to its commercial operation concept.

After operations at AFRC, HAPSMobile plans to transport HAWK30 to the Hawaiian island of Lanai and is accelerating preparations to perform stratospheric test flights at Lanai within the fiscal year ending March 31, 2020.

“We’re extremely pleased that the second test flight was a success. Seeing the HAWK30 fly gracefully, even under greater turbulence at higher altitudes, has given us confidence for future flights,” said Junichi Miyakawa, Representative Director & CTO of SoftBank Corp., and also President & CEO of HAPSMobile. “We’ll carefully verify the data from this test and move forward with preparations to conduct stratospheric flight tests. We’ll continue to work toward our ultimate goal of bridging the world’s digital divide and revolutionizing mobile connectivity by leveraging the HAPS platform.”

“Our team is delivering outstanding results to achieve our joint goal of addressing a very large market opportunity and to connecting people around the globe,” said Wahid Nawabi, AeroVironment Chief Executive Officer and a Director of HAPSMobile. “This was our second consecutive successful test flight in which we achieved important program objectives and demonstrated AeroVironment’s unique solar HAPS capabilities and experience. We thank our flight test partner, NASA, for its ongoing support with their facilities and flight test range as we validate this innovative unmanned aircraft system.”

  • SoftBank, the SoftBank name and logo are registered trademarks or trademarks of SoftBank Group Corp. in Japan and other countries.
  • Other company, product and service names in this press release are registered trademarks or trademarks of the respective companies.

About HAPSMobile

HAPSMobile Inc. is a subsidiary of SoftBank Corp. that plans and operates a High Altitude Platform Station (HAPS) business with the aim of bridging the world’s digital divide. HAPSMobile is primarily engaged in network equipment research and development for the HAPS business, construction of core networks, new business planning and activities for spectrum usage. AeroVironment, Inc. is HAPSMobile’s minority owner and aircraft development partner for “HAWK30,” a solar-powered unmanned aircraft designed for stratospheric telecommunications platform systems that flies approximately 20kms above ground in the stratosphere. HAPSMobile has a strategic relationship with Loon, a subsidiary of Alphabet, the parent company of Google. For more information, please visit https://www.hapsmobile.com.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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Contact:
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Southeast Asian Military Customer Awards AeroVironment $6.4 Million Raven Tactical UAS Follow-On Contract Award

November 04, 2019
  • New order expands customer’s fleet of Raven systems
  • Raven is the most widely used military unmanned aircraft system in the world
  • AeroVironment’s Family of Tactical UAS are deployed by more than 45 allied governments

SIMI VALLEY, Calif., Nov. 4, 2019 – AeroVironment, Inc. (NASDAQ:AVAV), a global leader in unmanned aircraft systems (UAS), today announced it received a firm fixed-price contract valued at $6,408,542 from an existing Southeast Asian military customer on September 17, 2019 for additional Raven® unmanned aircraft systems. Delivery is anticipated within 12 months.

“With nearly two decades of combat-proven effectiveness, Raven is a mainstay workhorse for this customer’s military, other allied governments, and the U.S. military because it gives troops closest to the fight immediate eyes in the sky to gain lifesaving situational awareness anywhere and at any time,” said Rick Pedigo, vice president of sales and business development at AeroVironment.“Raven’s ruggedness, small footprint and sensor capabilities ensure that allied forces throughout the world have a profound advantage at a moment’s notice in the most extreme environments.”

AeroVironment’s Raven system is designed for rapid deployment and high mobility for applications requiring low-altitude intelligence, surveillance and reconnaissance. With a wingspan of 4.5 feet and weighing 4.2 pounds, the hand-launched Raven provides aerial observation, day or night, at line-of-sight ranges up to approximately 6.2 miles (10 kilometers). With its stabilized gimbaled payload, the Raven delivers real-time color or infrared imagery to ground control and remote viewing stations.

AeroVironment is participating in the Defense and Security 2019 Exhibition and Conference in Bangkok, Thailand from November 18 through 21. Please visit AeroVironment at Booth U03 or at www.avinc.com to learn more.

About AeroVironment Tactical UAS

The RQ-20A/B Puma™, Puma™ LE, RQ-11B Raven®,RQ-12A Wasp®, together with VAPOR® Helicopter UAS comprise AeroVironment’s family of tactical unmanned aircraft systems. This Family of Systems provides increased capability to the warfighter that gives ground commanders the option of selecting the appropriate aircraft based on the type of mission to be performed. This increased capability has the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel. AeroVironment provides logistics services worldwide to ensure a consistently high level of operational readiness. AeroVironment has delivered thousands of new and replacement small unmanned air vehicles to customers within the United States and to more than 45 allied governments.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment Receives $5.25 Million Puma 3 AE Contract for U.S. Border Patrol

October 22, 2019
  • Award builds on the U.S. Border Patrol’s ongoing use of Puma AE small unmanned aircraft systems for border and homeland security
  • U.S. Border Patrol agents rapidly deploy Puma AE anywhere, anytime, in any environment for continuous or on-demand spot surveillance

SIMI VALLEY, Calif., Oct. 22, 2019 – AeroVironment, Inc. (NASDAQ:AVAV), a global leader in unmanned aircraft systems (UAS), received a $5,254,912 firm fixed-price contract award for PumaTM 3 AE systems and support equipment on August 8, 2019 for the U.S. Border Patrol, part of the U.S. Customs and Border Protection (CBP). Delivery is anticipated by January, 2020.

AeroVironment’s Puma 3 AE small unmanned aircraft system is designed for the real-world environment Border Patrol agents operate in.Easy to transport, deploy and operate, the Puma system can be launched from anywhere, at any time, and requires no additional infrastructure, such as runways or launch devices. The AeroVironment Puma flies for hours in the most extreme environments while producing high-resolution, continuous or on-demand spot surveillance of critical land and sea border areas at any time of the day or night. Highly automated and with GPS navigation, the Puma dramatically extends the reach of Border Patrol agents at a fraction of the cost of manned or larger unmanned aircraft.

“Operating on the nation’s front line, U.S. Border Patrol agents deploy the AeroVironment Puma system day or night from a safe distance to scan a border area for activity and then use that information to respond more quickly, more stealthily and with less risk,” said Rick Pedigo, AeroVironment vice president of business development. “Puma takes on the tougher missions in treacherous and dangerous terrain and keeps border agents out of harm’s way. Border Patrol agents pack the system on their vehicles, allowing them to gain an eyes-in-the-sky advantage at a moment’s notice.”

The Puma 3 AE systems will also support humanitarian missions, assisting in the location of individuals in need of aid along difficult-to-reach border areas and responding to natural disasters.

The AeroVironment Puma AE is a fully man-portable unmanned aircraft system designed for land and maritime operations. Capable of landing in water or on land, the all-environment Puma, with its Mantis i45 sensor suite, empowers the operator with extended flight time and a level of imaging capability never before available in the small UAS class.

AeroVironment’s unmanned aircraft systems are uniquely professional grade and proven with more than 1 million operating hours, including in extreme environments and combat operations. As the largest supplier of reconnaissance UAS to the US Department of Defense, AeroVironment offers a family of small and portable UAS that have been protecting soldiers, marines, airmen and special operators in the harshest environments for more than two decades.

About AeroVironment Tactical UAS

TheRQ-20A/B Puma™, Puma LE,RQ-11B Raven®,RQ-12A Wasp®, together with VAPOR Helicopter UAS comprise AeroVironment’s family of tactical Unmanned Aircraft Systems. This Family of Systems provides increased capability to the warfighter that gives ground commanders the option of selecting the appropriate aircraft based on the type of mission to be performed. This increased capability has the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel. AeroVironment provides logistics services worldwide to ensure a consistently high level of operational readiness. AeroVironment has delivered thousands of new and replacement small unmanned air vehicles to customers within the United States and to more than 45 allied governments.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment Recognized as a Great Place to Work-Certified Company

October 21, 2019

SIMI VALLEY, Calif., Oct 21, 2019 – Great Place to Work®, the global authority on workplace culture, employee experience and leadership behaviors, has recognized AeroVironment, Inc. (NASDAQ:AVAV) as a Great Place to Work-Certified™ company.

AeroVironment, which opened Innovation Centers in New England and the Midwest in 2019 to expand beyond its facilities in California, Washington, DC and Huntsville, Alabama, earned the Great Place to Work credential based on extensive ratings provided by its team members in anonymous surveys. The survey found that more than 85 percent of team members agreed on statements such as “I’m proud to tell others I work here”; “When I look at what we accomplish, I feel a sense of pride”; and “When you join AeroVironment, you are made to feel welcome.”

“Every day we strive to make our team members’ experience a priority and we take tremendous pride in being certified as a Great Place to Work company,” said Alison Roelke, vice president of People & Culture at AeroVironment.“Our experience has shown us that when team members are happy and truly engaged with our customers and each other, we can create amazing and innovative solutions that drive better business results and help all our stakeholders proceed with certainty.”

“We congratulate AeroVironment on its certification,” said Sarah Lewis-Kulin, vice president of Best Workplace List Research at Great Place to Work. “Organizations that earn their employees’ trust create great workplace cultures that deliver outstanding business results.”

Using validated employee feedback gathered with Great Place to Work’s rigorous, data-driven “For All” methodology, certification confirms 7 out of 10 employees have a consistently positive experience at AeroVironment. A summary of the anonymous employee ratings can be found here.

About Great Place to Work®

Great Place to Work® is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees around the world and used those deep insights to define what makes a great workplace: trust. Great Place to Work helps organizations quantify their culture and produce better business results by creating a high-trust work experience for all employees. Emprising®, their culture management platform, empowers leaders with the surveys, real-time reporting, and insights they need to make data-driven people decisions. Their unparalleled benchmark data is used to recognize Great Place to Work-Certified™ companies and the Best Workplaces™ in the US and more than 60 countries, including the 100 Best Companies to Work For® and World’s Best list published annually in Fortune. Everything they do is driven by the mission to build a better world by helping every organization become a Great Place to Work For All™.

To learn more, visit greatplacetowork.com, listen to the podcast Better by Great Place to Work, and read “A Great Place to Work for All.” Join the community on LinkedIn, Twitter, and Instagram.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment Launches New Puma™ LE, Delivering Group 2 Capabilities in a Group 1 Footprint with Increased Range, Endurance and Payload Capacity

October 14, 2019
  • Rapidly deployable via hand-launch, Puma LE’s 5.5-hour endurance delivers persistent data with increased time on station, in an economical two-case mission packout
  • Puma LE’s 5.5-pound total payload capacity includes a secondary payload bay with dedicated power supply and Ethernet connection, making Puma LE the ideal multi-mission platform for third-party payload integration
  • Shared plug-and-play interoperability with Puma AE components reduces logistical and training impact

WASHINGTON, at AUSA 2019 Annual Meeting & Exposition, Booth #425, Oct. 14, 2019 – AeroVironment, Inc. (NASDAQ:AVAV), a global leader in unmanned aircraft systems (UAS), today announced the launch of Puma LE (Long Endurance), the next generation in its Puma All Environment small UAS product line. Puma LE builds on the combat-proven Puma AE legacy with new capabilities, increased range, and expanded payload capacity. With the integrated Mantis i45 gimbaled EO/IR sensor and NVG-visible laser illuminator, Puma LE provides the warfighter with superior imagery for intelligence, surveillance, and reconnaissance (ISR) during day, night and low-light operations on land and in maritime environments.

Delivering Group 2 capabilities in a Group 1 footprint, the aircraft weighs only 22.5 pounds (10.4 kilograms), and is launchable by hand or bungee, making Puma LE easy to deploy and recover. On-board batteries provide 5.5 hours of flight endurance, doubling the time on station of Puma 3 AE, with an operational range of 60 kilometers when used with AeroVironment’s Long-Range Tracking Antenna (LRTA). Puma LE’s economical dual-case mission pack contains everything needed to perform two complete 5.5-hour missions with a single aircraft and Ground Control System (GCS).

Puma LE is purpose-built for multi-mission operations with up to 5.5 pounds of total payload capacity. The aircraft’s ruggedized secondary payload bay enables the integration of third-party payloads with a dedicated power supply providing 18-24 volts at up to 5 amps, and an Ethernet connection port for payload communications. This capability provides the flexibility for operators to incorporate specialized payloads such as electronic warfare, RF emitter geolocation, laser designation, communications relay and others.

“Puma LE is the next generation of the combat-proven Puma AE small UAS, delivering immediate tactical ISR, extended endurance and a dedicated secondary payload bay to dramatically expand its mission capabilities,” said Rick Pedigo, vice president of sales and business development for AeroVironment. “With Puma LE, AeroVironment expands the envelope of small unmanned aircraft systems, and enables our customers to proceed with certainty in ever-changing operational environments.”

Puma LE can be operated manually or autonomously with AeroVironment’s common GCS. Puma LE utilizes plug and play, interoperable line-replaceable unit (LRU) components that can be shared with other Puma AE aircraft. This native compatibility reduces training and logistical impact for operators. In addition, current Puma AE customers can now optimize their fielded systems by purchasing Puma LE as an add-on aircraft and easily installing Puma AE LRU components. Multiple Puma LE system options provide the flexibility for customers to choose the right configuration based on mission requirements.

AeroVironment is now accepting orders for Puma LE, with expected delivery in spring 2020. For more information, visit AeroVironment at the AUSA 2019 Annual Meeting & Exposition, Booth #425, or at www.avinc.com/pumale.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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Portugal’s Military Drone Program Takes Flight with RQ-11B Raven

October 02, 2019

Portugal’s first sustained combat operations in decades has resulted in the acquisition and deployment of a new unmanned aerial system capability.

“It has proved a really demanding theater of operations and we have received a lot of requirements that are forced in the field need and we are providing them,” said Richard Camilo, a staff officer with the Portuguese Army Force Planning Division. Camilo spoke exclusively to The Defense Post at the SMi-organized UAV Technology conference in London on October 1.

One of those acquisitions is AeroVironment’s Raven, a mini UAV that is hand deployable by Portuguese soldiers operating in the field. Last year, Portugal purchased 12 Raven systems through a $5,962,494 NATO Support and Procurement Agency contract. The first RQ-11B Raven drones were received by the Portuguese Army in June.

The drone is lightweight, man-portable, hand-launched and meant to be operated by two people. The system is designed to be unpacked and launched within five minutes. The American-built drone is now used by 18 of NATO’s 29 militaries and operators on all six inhabited continents. A 10-day training course is needed to deploy the system.

The drone will give Portuguese forces ISTAR capabilities and improve C4ISR.

Helmet camera footage of Portuguese forces involved in combat operations against militias in Central African Republic shows confused gunfights – and that’s where the new Portuguese drone capability could prove helpful as Portuguese forces are often called onto to perform missions on short notice in the CAR.

Portugal has deployed roughly 200 personnel, mainly paratroopers, to the United Nations’ ongoing MINUSCA peacekeeping operations in Central African Republic. A special company operates from the capital Bangui as a Rapid Reaction Force.

Soldiers from the 1st Parachute Infantry Battalion, which deployed to Central African Republic in September, were among the first trained on the use of the RQ-11B Raven unmanned aerial system.

In January, Portuguese paratroopers engaged in a five-hour gun battle with the Union for Peace in the Central African Republic (UPC), an ex-Seleka militia group, for control of the town of Bambari in the heart of the country. The paratroopers clashed with “pockets of fighters” for several days after the battle.

While many militaries grapple with limited defense budgets as they look to expand their ISTAR capabilities via drones, Portugal’s current involvement in combat operations makes it a special case.

“We are also seeking to acquire new radios, communications, and battlefield management systems and for all this the priority is for this to deployed with them,” Camilo said, referring to the Portuguese MINUSCA contingent. Portugal is the only NATO member state presently involved in the mission.

While Portugal may be latecomer to unmanned aerial systems, it has a front-row seat to the development of maritime drones.

In September the waters off Portugal’s Sesimbra and Troia peninsulas hosted Exercise REP (MUS) 19 designed to test the interoperability of robot ships and maritime drones in support of NATO’s Maritime Unmanned Systems Initiative.

A large contingent of the Portuguese Navy was joined by representatives from other NATO allies including Belgium, Italy, Turkey, Poland, the United Kingdom and the United States. The exercise included dozens of unmanned underwater, surface and air vehicles as NATO nations work to counter Russia’s growing prowess in maritime drones by developing more capabilities to monitor the oceans.

These experiences will certainly influence the crafting of Portugal’s own drone doctrine. Like other speakers at the UAV Technology conference, Camilo made clear that future military systems that are deployed by Portugal will not be fully autonomous and will be centered on their human operators.

“Drones maybe one of the most visible examples of the work the NATO Support and Procurement Agency has done to boast the capabilities of the Portuguese armed forces. It is a further testament to Portugal’s commitment to NATO and vice-versa,” said Manuel Matos Dos Santos, the President of the youth wing of the Atlantic Treaty Association of Portugal (YATA).

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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HAWK30 Takes Flight - AeroVironment Achieves Successful First Test Flight of Next Generation Solar HAPS Unmanned Aircraft System

September 16, 2019
  • Successful first test flight takes place less than two years after program start
  • Test program to expand operating envelope with sequentially higher and longer flights

SIMI VALLEY, Calif., Sept. 16, 2019 – AeroVironment, Inc. (NASDAQ:AVAV), a global leader in Unmanned Aircraft Systems (UAS) for both defense and commercial applications, announced the successful first flight of the HAWK30 solar HAPS unmanned aircraft system on September 11, 2019 at the NASA Armstrong Flight Research Center in California. AeroVironment partnered with SoftBank Corp (TOKYO:9434) to create HAPSMobile Inc., the joint venture funding HAWK30 design development and demonstration.

“The first flight of HAWK30 builds on more than two decades of pioneering HAPS technology development and demonstration by the AeroVironment team, and comes only two years since SoftBank joined us in this endeavor,” said Wahid Nawabi, AeroVironment president and chief executive officer. “We are the pioneer and leader in HAPS, delivering continued progress and demonstrated success. We look forward to achieving even greater success in flight testing, culminating in high-altitude, long-endurance flight demonstrations that will pave the way for the global commercialization of HAPS technology.”

“We are grateful for the expertise and support from NASA’s outstanding team at the Armstrong Flight Research Center. We are proud to add another milestone to their storied history of aviation innovation,” Nawabi added.

Developed and assembled in AeroVironment’s HAPS Innovation Center, the HAWK30 has a wingspan of approximately 260 feet and is propelled by 10 electric motors powered by solar panels covering the surface of the wing, resulting in zero emissions. Flying at an altitude of approximately 65,000 feet above sea level and above the clouds, the HAWK30 is designed for continuous, extended missions of up to months without landing.

AeroVironment seeks to create value from its unique HAPS intellectual property and capabilities in multiple ways: participating in the anticipated growth of the HAPSMobile joint venture as one of its two owners; generating customer-funded research and development revenue as the exclusive developer of solar HAPS for HAPSMobile through the design, development and demonstration phases of the program; manufacturing and supplying HAPS UAS to HAPSMobile; supporting and maintaining a deployed fleet of HAPS systems; and marketing and selling HAPS UAS to non-commercial customers globally, with the exception of Japan.

AeroVironment pioneered the concept of high-altitude solar-powered UAS in the 1980s, and developed and demonstrated multiple systems for NASA’s Environmental Research Aircraft and Sensor Technology, or ERAST program, in the late 1990s and early 2000s. In August 2001, the AeroVironment Helios prototype reached an altitude of 96,863 feet, setting the world-record for sustained horizontal flight by a winged aircraft. In 2002, the AeroVironment Pathfinder Plus prototype performed the world’s first UAS telecommunications demonstrations at 65,000 feet by providing high-definition television (HDTV) signals, third-generation (3G) mobile voice, video and data and high-speed internet connectivity.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment Unveils VAPOR All-Electric Helicopter UAS at DSEI, Adding New and Expanded Mission Capabilities to Its Family of Small Unmanned Aircraft Systems

September 10, 2019
  • VAPOR 35 and VAPOR 55 add vertical take-off and landing (VTOL) and multi-payload capabilities, complementing and expanding AeroVironment’s leading fixed-wing small unmanned aircraft systems (UAS)
  • VAPOR all-electric Helicopter UAS product line delivers advanced performance, endurance and payload flexibility, with up to 10 lbs. (4.5 kg) of usable payload capacity, and one hour of flight time on a single battery charge
  • Addition of VAPOR strengthens AeroVironment’s commitment to delivering multi-mission operational capabilities and comprehensive small UAS solutions for defense, commercial and industrial customers
  • AeroVironment combat-proven family of small UAS deliver actionable intelligence as the leading small UAS deployed by U.S. Armed Forces, and more than 45 allied governments

LONDON, at DSEI 2019, STAND N5-202, Sept. 10, 2019 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems for both defense and commercial applications, today announced the availability of its VAPOR all-electric Helicopter UAS at Defence & Security Equipment International (DSEI), the world’s largest land, sea and air defense and security exhibition. Developed at AeroVironment Innovation Center-Midwest, VAPOR incorporates more than a decade of aerospace engineering, technical research and development to bring to market high-performance helicopter UAS at attractive price points for defense, commercial and industrial customers.

“The addition of VAPOR to our family of small unmanned aircraft systems demonstrates our commitment to providing customers with the most comprehensive capabilities to help them proceed with certainty in an ever changing operating environment,” said Rick Pedigo, vice president, sales and business development for AeroVironment. “VAPOR fully complements AeroVironment’s family of fixed-wing UAS with VTOL and flexible payload capabilities that can satisfy new customer missions across multiple domains.”

VAPOR – Intelligently Designed To Perform

Combining military-grade components, advanced flight control, and broad payload flexibility, VAPOR is purpose-built for mission critical performance. Fully automatic flight operation allows VAPOR to complete missions without operator intervention, with dynamic re-tasking to ensure safety, reliability and adaptable mission execution. With an expansive modular payload bay, and up to 10 lbs. (4.5 kg) of usable payload capacity, VAPOR is multi-mission capable with access to a variety of integrated sensors and third-party payloads including gimbaled EO/IR, survey grade PPK mapping, LiDAR and hyperspectral sensors, and an available Drop/Delivery Mechanism. Every VAPOR is powered by proprietary HeliSynth™ technology for system level optimization including advanced autopilot, payload command and control, and endurance.

Multiple VAPOR all-electric Helicopter UAS options are now available, enabling customers to choose the right configuration based on mission requirements, with the flexibility to create custom configurations that incorporate end-user provided equipment.

VAPOR 35 (GTOW 32 lbs., 14.5 kg) – With an advanced autopilot and a variety of available sensors, VAPOR 35 provides the flexibility to meet the most demanding missions. Aerodynamic 3-blade rotor design and high energy lithium-polymer batteries deliver up to one hour of flight time, all in a single case mission configuration with economical one-man lift packout.

VAPOR 55 (GTOW 55 lbs., 24.9 kg) – The versatile, powerful and easily configurable VAPOR 55 is designed to satisfy complex operational requirements. Heavy lift capable with up to 10 lbs. (4.5 kg) of usable payload weight (belly, side or slung), VAPOR 55 is single or multiple payload capable with access to a variety of integrated sensors, Drop/Delivery mechanism and third-party payload options.

VAPOR systems are now available for ordering. Learn more at www.avinc.com/vapor

Visit AeroVironment at DSEI 2019, STAND N5-202, Sept. 10-13, 2019 to learn more about VAPOR Helicopter UAS. https://www.dsei.co.uk/


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment Donates 87 Quantix Drones and AV DSS Ecosystems to 35 U.S. University Agriculture Departments to Advance Drones in Farming

August 21, 2019
  • 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.

Through the project, AeroVironment has donated 87 Quantix™ hybrid drone and AV DSS™ ecosystems to the agricultural departments of 35 universities throughout the U.S., including Purdue University, The Ohio State University, Cornell University, University of Louisiana-Monroe, University of Florida, University of Georgia, North Dakota State University, Cal Poly San Luis Obispo and many others.

Participating universities will employ AeroVironment’s Quantix hybrid drone and AV DSS data analytics platform in a variety of in-field trials, application usage studies and precision agriculture systems research covering areas such as crop nutrient and input management, artificial intelligence for detecting weeds, pests and diseases, and improved accuracy of crop yield prediction. Participating universities will share their hands-on experience, along with use-case insights that can improve in-field performance and advance the adoption of drone-based technologies for the agriculture industry.

“Working with the team at AeroVironment moved our drone-based agriculture research forward beyond what we could have done otherwise,” noted professor Quirine Ketterings, Cornell University Nutrient Management Spear Program. “Ultimately, our goal is to develop accurate corn yield predictions based on in-season nitrogen applications to achieve an optimal economic return for the producer.”

Featuring automated precision flight operation and an innovative VTOL (vertical takeoff and landing) hybrid design, Quantix is purpose-built for crop scouting, and can survey up to 400 acres in just 45 minutes. During flight, integrated sensors capture high-resolution color and multispectral imagery via dual 18 megapixel cameras. On-board processing wirelessly transmits true color and NDVI imagery to the included operating tablet as soon as the drone lands, allowing growers to investigate issues while still in the field. For more detailed analysis, Quantix seamlessly integrates with AV DSS to perform advanced image processing and data analytics, including True Color, NDVI, GNDVI, canopy coverage, anomaly detection and more, providing users with deeper insights into plant emergence, vegetative health, inputs and resource management.

“AeroVironment’s donation of Quantix and AV DSS will enable participating universities to quickly and easily gain the on-demand field intelligence they need to advance multiple areas of agriculture research, while enhancing the understanding and application of drone-based technology,” said Rick Pedigo, vice president of business development at AeroVironment. “With on-demand access to high resolution imagery and advanced data analytics, we’re preparing the latest generation of farmers to employ drone technology, such as Quantix and AV DSS, throughout their farming practices, improving crop production and farming efficiencies for years to come.”

“Working with industry leaders such as AeroVironment allows our program to stay on the forefront of the UAS field. The donation of two drones to our program will allow us to provide outstanding hands-on experience to our students,” said Paul Karlowitz, director of operations, University of Louisiana Monroe’s Precision Agriculture and UAS Research Center.

Several participating universities will feature Quantix and AV DSS at upcoming agriculture and UAS learning events:

  • University of Illinois Department of Crop Sciences – Agronomy Day, Aug. 22, 2019
  • Kansas State University – UAS Tech Forum, Aug. 21-22, 2019
  • Purdue University – NACAA Forum, Sept. 8-12, 2019
  • The Ohio State University – Farm Science Review, Sept. 17-19, 2019

For more information, or to purchase a Quantix and AV DSS product package visit: www.avdroneanalytics.com.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment Receives $45 Million Raven B Unmanned Aircraft Systems Contract Award for U.S. Army Security Force Assistance Brigades

August 19, 2019
  • 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 SFAB are specialized units with the core mission to conduct training, advising, assisting, enabling and accompanying operations with allied and partner nations.

“Raven is the most widely deployed small unmanned aircraft system in the United States Department of Defense’s fleet,” said Rick Pedigo, vice president, sales and business development for AeroVironment. “Our family of small unmanned aircraft systems supports all U.S. military services and more than 45 allied nations. Every day, AeroVironment small UAS provide the actionable intelligence our customers need to proceed with certainty.”

In a report published by the United States Army on July 24, 2019, Sgt. Jordan Aguiar, a cavalry scout assigned to Alpha Troop of the 2nd Squadron, 101st Cavalry Regiment, said the Raven is more agile and less detectable than larger and more costly unmanned aircraft. Soldiers use it to conduct battlefield reconnaissance and provide their units with a greater level of security. Sgt. Foluke Marsh added, "If you need to have eyes on a target, or eyes on a convoy to make sure everything is safe, it's good to send out the Raven instead of risking someone getting hurt or killed."


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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HAPSMobile to Fly HAWK30 UAS in Stratosphere Above Hawaiian Island of Lanai

August 13, 2019

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).


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment Acquires VTOL UAS Developer Pulse Aerospace, LLC for $25.7 Million to Strengthen Family of Small Unmanned Aircraft Systems

June 11, 2019
  • 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.

Pulse Aerospace is a leading developer of small VTOL UAS technology in the United States. Pulse’s HeliSynth™ technology brings flight control, payload, and endurance capabilities to market at attractive price points for both defense and commercial end markets. Pulse recently received a multi-year contract award with a maximum value of more than $13 million from an undisclosed defense customer for its Vapor unmanned VTOL systems, spares and services.

AeroVironment expects the transaction to be accretive to its earnings by the third full year of operations.

“The talented Pulse Aerospace team has created a solution set that is unique and will expand our family of unmanned systems by addressing increasing demand from our customers for small VTOL solutions,” said Wahid Nawabi, AeroVironment’s president and chief executive officer. “This transaction brings together two highly complementary companies in terms of products, markets and culture, and will better position AeroVironment to grow our share of the small UAS market. The team at Pulse Aerospace shares our focus on disruptive innovation and we welcome them to AeroVironment. Together, we will deliver even more capability to our customers in the United States and more than 45 allied countries around the world.”

“We are excited to join together to realize the full benefits of this transaction as we employ key, future-defining technologies such as robotics, sensors, software analytics and connectivity. Additionally, we look forward to gaining access to the strong technical talent pool in the Lawrence, Kansas area to help achieve our long-term growth objectives,” Nawabi added.

“AeroVironment’s global market presence dramatically increases the reach of Pulse’s VTOL UAS technology,” said Aaron Lessig, Pulse Aerospace, LLC’s chief executive officer. “Pulse’s offering expands AeroVironment’s mission capabilities with increased payload capacity, which broadens customer use cases. We look forward to growing AeroVironment’s share of the global unmanned systems market together.”

In connection with the transaction, Pulse Aerospace’s Lawrence, Kansas facility will become AeroVironment Innovation Center - Midwest, with a focus on small VTOL unmanned aircraft and mission planning solutions.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment, Inc. to Present at the William Blair 39th Annual Growth Stock Conference

June 03, 2019

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.

A live audio webcast of the presentation will be available in the Events and Presentations section of the AeroVironment website at http://investor.avinc.com/events.cfm. A replay of the webcast will be available for 90 days.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment Announces Retirement of General Manager Kirk Flittie

May 16, 2019

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.

“Our Board of Directors and senior management team thank Kirk Flittie for his service to the company,” said Wahid Nawabi, AeroVironment president and chief executive officer. “Kirk has invested more than 20 years into supporting our customers and developing our people.His servant leadership and positive attitude left an indelible impact that will continue to benefit AeroVironment for years to come. We wish him the best in his retirement.”


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment and Kratos Team to Demonstrate Integrated High-Performance Tactical UAS and Tactical Missile System Capabilities

May 07, 2019
  • 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, 2019AeroVironment, 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.

“AeroVironment’s small unmanned aircraft systems and tactical missile systems have transformed the way ground forces train, equip, plan and operate to deliver battlefield superiority,” said Trace Stevenson, vice president and deputy general manager of AeroVironment’s UAS business. “Working with Kratos, an innovative host aircraft partner, together we are developing and will demonstrate the integration of tube-launched UAS and tactical missile systems into long-range, high speed and low cost unmanned systems for their transport and delivery into near-peer, denied environments.”

“With sufficient onboard autonomy, sensors, payloads and an integrated system design, we aim to demonstrate the deployment of large quantities of smart systems that overwhelm and disable enemy systems, while bending the cost curve to make it financially prohibitive for unfriendly nations to challenge our armed forces,” Stevenson added.

“Kratos and AeroVironment offer complementary capabilities while sharing an intense focus on disruptive and affordable unmanned aircraft solutions for the DoD,” said Steve Fendley, president of Kratos Unmanned Systems Division. “Deploying AeroVironment’s tube-launched UAS and tactical missiles from Kratos’ highly survivable, long-range jet UAS creates an exciting opportunity to substantially increase the effectiveness and stand-off range of our existing technologies. Using internal funding, Kratos rapidly developed and demonstrated the Mako Tactical UAS in 2015, proving the speed advantage of the internal funding approach. By teaming together and investing in this capability in support of the American warfighter, Kratos and AeroVironment seek to further enhance our nation’s defenses with an affordable, comprehensive mission solution that will be ready in months, not years.”

Kratos and AeroVironment’s first collaborative project is designed to demonstrate the ability to launch, communicate with, and control a small, tube-launched loitering aircraft from a larger runway-independent unmanned aircraft. The overall system-of-system effectiveness will be evaluated for its ability to coordinate the effects of the smaller AeroVironment systems, relay useful information back to the Kratos mothership, and either pass information back to a ground control station or act upon that information to modify mission taskings.

Please visit the AeroVironment booth at Sea Air Space, National Harbor, Maryland.

Sea Air Space Booth Number AeroVironment #2709

About Kratos Defense & Security Systems, Inc.

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops and fields transformative, affordable technology, platforms and systems for United States National Security related customers, allies and commercial enterprises. Kratos is changing the way breakthrough technology for these industries are rapidly brought to market through proven commercial and venture capital backed approaches, including proactive research and streamlined development processes. Kratos specializes in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, hypersonic systems, training, combat systems, and next generation turbo jet and turbo fan engine development. For more information go to www.KratosDefense.com. More information on Kratos Unmanned Systems Division can be found at www.KratosUSD.com.

Contacts

AeroVironment, Inc.

Steven Gitlin
+1 (805) 520-8350
pr@avinc.com

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5596

mark@boyersyndicate.com

Kratos Defense & Security Systems, Inc.

Yolanda White

+1 (858) 812-7302

investor@kratosdefense.com

Claire Burghoff

For Kratos Defense & Security Systems, Inc.

+1 (314) 210-1287

mcburghoff@cgagroup.com



About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment Announces Launch of New England Innovation Center, the Company’s First Engineering Operation Outside of California

April 30, 2019
  • 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.

“We are expanding our capabilities, our team and our footprint to achieve our growth objectives,” said Wahid Nawabi, AeroVironment president and chief executive officer. “The greater Boston region is a dynamic center of advanced development and talent in technologies key to the future of our customers’ operations, including robotics and artificial intelligence. Our latest Innovation Center will expand AeroVironment’s capabilities so that we may translate advances in key technologies into ever more valuable solutions that support our customers across the globe.”

“We welcome Tom Vaneck to our team with his extensive experience and knowledge of the unmanned systems industry and a track record of competitive success. We look forward to Tom’s leadership of our NEIC and his contributions to supporting our customers,” Mr. Nawabi added.

“I’m excited to be part of the team at AeroVironment, the leader in unmanned systems technologies for those on the front-line, and a company I have watched and admired for many years,” said Vaneck, vice president and managing director of AeroVironment’s NEIC. “Our New England Innovation Center will develop new robotic platforms to expand our family of systems, advance our autonomous capabilities and build on AeroVironment’s history of delivering innovative solutions that help customers proceed with certainty.”

Vaneck served as vice president of InstantEye Robotics, a division of Physical Sciences, Inc.Previously, he served as general manager of Aurora Flight Sciences’ Cambridge Research and Development Center. Vaneck earned a Ph.D. in Aeronautics and Astronautics from Stanford University, and a Master of Science in Aerospace Engineering, Master of Arts in Mathematics and Bachelor of Science in Aerospace, Aeronautical and Astronautical Engineering from Penn State University.

AeroVironment is actively seeking top talent for its New England and Simi Valley operations, with more than 70 open positions, and will hold a special interactive recruiting event at AUVSI XPONENTIAL. The event is titled “The Power of People and Culture,” and will feature senior AeroVironment leadership starting at 1:30 p.m. CT on May 1, in The Idea Room – hosted by AeroVironment (room #505A of McCormick Place). A reception will follow the presentation. Visitors and interested applicants can learn more about AeroVironment at XPONENTIAL exhibition booth #1631.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment, SoftBank Develop Telecommunications Platform

April 28, 2019

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.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment Announces Initial Milestone in Solar HAPS Program - Assembly of First HAWK30 Solar HAPS

April 25, 2019
  • 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.

“AeroVironment recently rolled-out the first HAWK30 for our HAPSMobile joint venture, initiating a new phase of our design, development and demonstration program and the promise of a new era for global connectivity,” said Wahid Nawabi, AeroVironment president and chief executive officer.“The result of decades of experience developing and flying solar HAPS, our team designed, developed and assembled the entire HAWK30 in only 24 months.This is very rapid for a HAPS of such large size and significant payload capacity.”

Developed and assembled in AeroVironment’s HAPS Innovation Center, the HAWK30 has a wingspan of approximately 260 feet and is propelled by 10 electric motors powered by solar panels covering the surface of the wing, resulting in zero emissions.Flying at an altitude of approximately 65,000 feet above sea level and above the clouds, the HAWK30 is designed for continuous, extended missions of up to months without landing.

HAPSMobile recently increased the ceiling value of the Design Development Agreement with AeroVironment by $39 million, to a total of $126 million.

“We are making great progress on this program and look forward to sharing future achievements with our shareholders and potential customers. We are excited to debut our next generation HAPS as we advance this strategically important project for HAPSMobile and for AeroVironment,” added Nawabi.

A press conference in Tokyo featuring executives from HAPSMobile and AeroVironment took place today at 11:30 am JST.An archive of the press conference live stream is available at the following link: https://www.softbank.jp/en/corp/news/conference/webcast/?videoId=6029022228001.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. For more information, please visit www.avinc.com.

About HAPSMobile Inc.

HAPSMobile is a joint venture between SoftBank Corp. and AeroVironment, Inc. formed in December 2017 to plan and operate the HAPS business with the aim of bridging the world’s digital divide. HAPSMobileis mainly engaged in network equipment research and development for the HAPS business, construction of core networks, new business planning and activities for spectrum usage. For more information, please visit https://www.hapsmobile.com.

Contacts

AeroVironment, Inc.
Steven Gitlin
+1 (850) 520-8350pr@avinc.com

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5596

mark@boyersyndicate.com

For HAPSMobile Inc.

svc-info@hapsmobile.com


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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VC Star - Technology Used on Front Lines of Fighting Disasters

April 22, 2019

In the wake of such use against Ventura County’s Woolsey Fire, an arsenal of new technology is being put to the test fighting floods this year as rivers inundate towns and farm fields across the central United States.

The company used Quantix drones to analyze plant health to determine whether oak trees and vegetation in the fire’s path would survive. The National Park Service used the data provided by the drones to determine which vegetation areas would need to be restored.

AeroVironment’s services were invaluable during the Woolsey Fire as the company was able to quickly survey burned areas, Amanda Kaplan of the National Park Service said.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment’s New 360 Multi-Sector Antenna Expands Puma AE UAS Operational Capabilities for Maritime Missions

April 03, 2019
  • Available in M3/4/6 operating bands, 360 Multi-Sector Antenna provides continuous 360-degree long-range command and control between naval operators and Puma AE UAS for maritime applications
  • Auto-tracking function provides uninterrupted mission support by eliminating the need for the crew to redirect the vessel or reconfigure the direction of the antenna to maintain UAS link
  • Automatically switches between antenna segments with greater margin, thus reducing operator workload and ensuring a strong and consistent link with Puma AE UAS

Rio De Janeiro, at LAAD 2019, Booth #O.70, Hall 4, US Pavilion, April 3, 2019 – AeroVironment, Inc. (NASDAQ:AVAV), a global leader in Unmanned Aircraft Systems (UAS) for both defense and commercial applications, today announced the availability of a new 360 Multi-Sector Antenna (MSA) for its Puma™ AE small unmanned aircraft systems (UAS). Specifically designed to support Puma AE maritime missions, the 360 MSA provides naval operators with immediate tactical situational awareness, while eliminating the need to redirect the vessel or reconfigure the direction of an antenna to maintain an effective communication link.

Featuring an integrated array of 24 high-gain auto-selective antennas, the new 360 MSA analyzes downlink data quality and automatically switches between antenna patches with greater margin to deliver 360-degree continuous command and control coverage within a 20km nominal range. Commanding Officers (COs) can maintain complete control of the Puma AE aircraft and payload with the 360 MSA and access real time, decision critical ISR information. Additionally, it enables the bridge and combat team with mission planning, real time moving map, high resolution imagery, and contact status capability.

AeroVironment’s new 360 Multi-Sector Antenna (MSA) joins the company’s previously announced Long Range Tracking Antenna™ (LRTA) to provide operators with immediate tactical Intelligence, Surveillance, and Reconnaissance (ISR) capabilities anytime, anywhere. LRTA’s 360-degree auto-tracking function enables land-based operators to expand the command and control range of Puma AE to approximately 60km, providing critical ISR data while being positioned further away from dangerous areas of interest. The LRTA features an automated two-axis positioner tracking function that ensures a secure and reliable link with Puma while it operates at extended ranges. This antenna gives Puma 3 AE’s Mantis i45 EO/IR gimbal capabilities similar to larger and costlier Group 2 or higher UAS.

“AeroVironment is committed to protecting and enabling allied armed forces and expanding the envelope of missions our Puma AE UAS can support,” said David Sharpin, Vice President, Sales and Business Development for AeroVironment. “The improvements made to the Puma 3 AE, combined with the enhanced capabilities from our 360 Multi-Sector Antenna and Long Range Tracking Antenna, demonstrate AeroVironment’s ability to provide customers with critical ISR data whether on land or at sea.”

The new 360 Multi-Sector Antenna (MSA) is currently available in M3/4/6 DDL operating bands. International customers can contact AeroVironment for capability demonstrations in early Summer 2019, and will begin taking orders Fall 2019.

For more information, customers can visit AeroVironment at LAAD 2019 (Booth #O.70, Hall 4, U.S. Pavilion), or contact AeroVironment Business Development Representative for pricing and availability in their region.

About AeroVironment Small UAS

The RQ-11B Raven®, RQ-12A Wasp® and RQ-20A/B Puma™ comprise AeroVironment’s Family of Small Unmanned Aircraft Systems. Operating with a common ground control system (GCS), this Family of Systems provides increased capability to the warfighter that can give ground commanders the option of selecting the appropriate aircraft based on the type of mission to be performed. This increased capability has the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel. AeroVironment provides logistics services worldwide to ensure a consistently high level of operational readiness and provides mission services for customers requiring only the information its small UAS produce. AeroVironment has delivered thousands of new and replacement small unmanned air vehicles to customers within the United States and to more than 45 allied governments.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment Awarded $17.4 Million Puma AE Unmanned Aircraft Systems Foreign Military Sales Contract for United States Ally

April 02, 2019
  • Puma All Environment (AE) UAS delivers immediate tactical ISR to maritime and land based operations
  • United States Department of Defense Foreign Military Sales program facilitates interoperability among U.S. and allied forces
  • AeroVironment’s small UAS deployed by more than 45 allied governments

Rio De Janeiro, at LAAD 2019, Booth #O.70, Hall 4, US Pavilion, April 2, 2019 – AeroVironment, Inc. (NASDAQ:AVAV), a global leader in unmanned aircraft systems for both defense and commercial applications, today announced it received a $17,356,084 firm-fixed-price contract in March 2019 to provide Puma™ AE II small unmanned aircraft systems (UAS), training and support to an allied nation. Delivery is anticipated by September 2019.

“The combat-proven Puma AE delivers rapid and effective tactical Intelligence, Surveillance and Reconnaissance in a wide range of operating environments – over land and sea – providing the actionable intelligence to help customers proceed with certainty,” said David Sharpin, vice president, sales and business development for AeroVironment.

AeroVironment’s family of small drones comprise the majority of all unmanned aircraft in the U.S. DoD inventory, and its rapidly growing international customer base numbers more than 45 allied governments. “This contract award is another indication of the unique capabilities and value international customers recognize in our small UAS solutions,” said Sharpin.

The AeroVironment Puma AE is a fully man-portable drone designed for land and maritime operations. Capable of landing in water or on land, the all-environment Puma, with its Mantis i45 sensor suite, empowers the operator with extended flight time and a level of imaging capability never before available in the small UAS class.

About AeroVironment Small UAS

The RQ-11B Raven®, RQ-12A Wasp® and RQ-20A/B Puma™ comprise AeroVironment’s Family of Small Unmanned Aircraft Systems. Operating with a common ground control system (GCS), this Family of Systems provides increased capability to the warfighter that can give ground commanders the option of selecting the appropriate aircraft based on the type of mission to be performed. This increased capability has the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel. AeroVironment provides logistics services worldwide to ensure a consistently high level of operational readiness and provides mission services for customers requiring only the information its small UAS produce. AeroVironment has delivered thousands of new and replacement small unmanned air vehicles to customers within the United States and to more than 45 allied governments.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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CNET/CBS: Trump’s Border Wall Could be a Virtual Barrier Patrolled by Drones Too

February 15, 2019

Fixed-wing drones for longer flight duration. AeroVironment's drones can be lofted by hand and carried in a backpack.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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.(JavaScript must be enabled to view this email address)

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.(JavaScript must be enabled to view this email address)

AeroVironment Introduces Next Generation of Quantix Drone and AV DSS with New Product Updates, FMS Integration, Plant Count Beta Trial and Custom-tailored Pricing Packages for Growers to Ag Service Providers

February 12, 2019
  • Next generation of Quantix™ and AV Decision Support System™ (AV DSS) delivers performance improvements that optimize the user experience – on the ground, in the field, and in the air
  • New features include Variable Rate Layer for integration with a wide range of Farm Management Software including John Deere Operations Center, and Quick resolution option that decreases total data upload and processing time by 50%
  • Coming Soon - Plant Count Beta Trial program will provide growers with access to on-demand data analytics that quantify stand count and plant emergence
  • Starting at $5,500, three new pricing options enable individual growers, enterprise agriculture businesses and ag service providers to choose the right Quantix & AV DSS product package to drive their business forward

SIMI VALLEY, Calif., Feb. 12, 2019 - AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems for both defense and commercial applications, today introduced the next generation of its Quantix™ VTOL hybrid drone and the AeroVironment Decision Support System™ (AV DSS) for precision agriculture. Enhancements across the Quantix & AV DSS ecosystem deliver a combination of new features, performance improvements and product package offferings – designed to meet the needs of individual growers, precision ag service providers and large-scale farming operations.

“The response from growers to Quantix & AV DSS across the country has been very positive,” says Jeff Rodrian, director, Commercial Information Solutions, AeroVironment. “The ag community values a powerfully simple to use drone and data analytics ecosystem that captures field data quickly, and quantifies it in a format they can act on immediately.”

Featuring an innovative VTOL (vertical takeoff and landing) hybrid design, Quantix is purpose-built for crop scouting and can survey up to 400 acres in just 45 minutes. During flight, integrated sensors capture high-resolution color and multispectral imagery via dual 18MP cameras. On-board processing delivers true color and NDVI imagery on the included operating tablet as soon as the drone lands, allowing growers to ground-truth issues while still in the field. For more detailed analysis, Quantix seamlessly integrates with AV DSS to perform advanced image processing and data analytics including True Color, NDVI, GNDVI, canopy coverage, anomaly detection and more, providing users with deeper insights into plant emergence, vegetative health, inputs and resource management.

“We worked closely with our customers to develop the next generation of Quantix & AV DSS and deliver the actionable intelligence that today’s growers need to drive their business forward and maximize every acre.” added Rodrian.

On-Demand Field Intelligence – Optimized

Ready for the 2019 growing season, Quantix & AV DSS include a number of new features, performance improvements and safety enhancements designed to optimize the user experience – on the ground, in the field and in the air. Best of all, these new features are available to current and future Quantix & AV DSS users at no additional cost.

  • Variable Rate Layer – Users can now view, download or import a Variable Rate Layer into a wide-range of Farm Management Software to create geo-referenced application maps and prescriptions for use with variable rate controllers and hardware systems
  • John Deere Operations Center Connected – With single click data transfer, exporting Variable Rate maps from AV DSS into John Deere Operations Center is as easy as 1,2,3. Plus, John Deere Operations Center users can now easily import field boundaries into AV DSS to create geo-referenced locations for future Quantix flights
  • Quick Resolution Imagery – In areas with slower internet connection, users can select Quick resolution imagery, decreasing total upload and processing time by 50%, while still performing AV DSS’ full suite of data analytics
  • Coming Soon Plant Count Beta Trial – Just in time for the 2019 growing season, AV DSS users will be able to participate in a Plant Count Beta Trial program at no additional cost. Utilizing machine learning and advance image recognition algorithms, this on-demand data product will provide growers with access to data analytics that quantify stand count and plant emergence

New Pricing Packages – Maximize the Return On Every Acre

Also new this season, Quantix & AV DSS will be available in three product packages that range from $5,500 to $16,500 – allowing customers to find a solution that’s right for their business. Each product package includes the ready-to-fly Quantix hybrid drone, and access to AV DSS data analytics platform.

“Whether you’re a grower looking to put aerial drone data analytics to work on your farm, an enterprise ag business or an ag services provider looking to begin scouting fields and scaling your business, our goal is to provide flexible packages that meet your needs and budget.” says Rodrian.

  • Quantix & AV DSS Bundle ($16,500 MSRP) provides the entire hardware and software ecosystem and includes a 3-year subscription to AV DSS online data analytics platform with unlimited data storage
  • Quantix Enterprise Bundle ($8,000 MSRP) developed for large-scale farming operations, providing pay-as-you-fly flexibility with a $0.50 per-acre image processing fee, unlimited data storage and no monthly AV DSS subscription fee
  • Quantix Professional Package ($5,500 MSRP) ideal for Ag Service Providers, offering a turnkey "Franchise-in-a-box" solution with everything needed to start scouting fields and building a business. This package includes a $150 monthly subscription to AV DSS that provides access to exclusive Client Management and publishing tools, and a $0.30 per acre image processing fee

Quantix & AV DSS product packages are available starting today at authorized dealers nationwide. For more information, or to purchase a product package visit: www.avdroneanalytics.com

Visit AeroVironment, learn more and experience a Quantix flight demo at these upcoming farm shows:

  • World Ag Expo, Tulare, CA, February 12-14, 2019
  • National Farm Machinery Show, Louisville, KY, February 13-16, 2019
  • Commodity Classic, Orlando, FL, February 28 - March 2, 2019

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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Contact:
AeroVironment, Inc.
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.(JavaScript must be enabled to view this email address)

Mark Boyer
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+1 (310) 229-5956
.(JavaScript must be enabled to view this email address)

Drone Maker AeroVironment Consolidates its Operations Moving Headquarters to Simi Valley, CA

December 29, 2018

One of the world’s largest drone manufacturers is now headquartered in Simi Valley.

AeroVironment Inc., a technology company that primarily produces drones and other technology for the U.S. military, announced the relocation of its corporate headquarters from Monrovia to Simi Valley late last month. The company’s Monrovia employees will have until summer to relocate to Simi Valley.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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Contact:
AeroVironment, Inc.
Steven Gitlin
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.(JavaScript must be enabled to view this email address)

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+1 (310) 229-5956
.(JavaScript must be enabled to view this email address)

AeroVironment Quantix Drone and Decision Support System To Aid National Park Service Recovery Efforts From Southern California Woolsey Fire

December 04, 2018
  • Woolsey fire destroyed 88% of National Park Service land within the Santa Monica Mountains National Recreation Area
  • AeroVironment Quantix™ drone & Decision Support System™ data analytics platform delivered drone-based aerial imagery and actionable intelligence to guide disaster assessment and recovery efforts
  • Company’s Unmanned Aircraft Systems Flight Operations and Geographical Information Systems teams supporting National Park Service rangers and scientists to develop long-term environmental recovery and park rebuilding strategy

SIMI VALLEY, Calif., Dec. 4, 2018 - AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems for both defense and commercial applications, today announced it is supporting the National Park Service Inventory and Monitoring Program to assess the environmental impact of the Woolsey wildfire in the Santa Monica Mountains National Recreation Area of Southern California. Burning over 96,949 acres, the devastating Woolsey wildfire destroyed more than 616 park structures and consumed approximately 88% of National Park Service land within the recreation area. Considered one of Los Angeles’ most cherished open spaces featuring hiking trails and historic structures, the Santa Monica Mountains National Recreation Area is also home to a wide variety of indigenous plants and animals, including multiple protected and endangered species.

Working in close collaboration with National Park Service park rangers and scientists, AeroVironment Commercial Information Solutions Unmanned Aircraft Systems flight operations and Geographic Information Science teams have initiated a comprehensive drone-based aerial imaging and environmental impact study to assess fire damage in key areas of the park. Aerial imagery data collected will be used to quantify oak tree mortality and vegetation stress, in addition to documenting the dramatic changes in park visitor experience.

Utilizing AeroVironment’s Quantix™ hybrid drone and Decision Support System (AV DSS™) advanced data analytics platform, the team captured and analyzed high-resolution drone-based aerial imagery to quickly map the affected burn area, and gain actionable insights into the scope and scale of the damage. In addition to immediate disaster response and damage assessment, data collected will facilitate the development of a long-term environmental recovery and park rebuilding strategy.

Purpose built for commercial applications including precision agriculture, infrastructure and mining operations, the Quantix hybrid drone innovative VTOL technology allows it to operate effectively in a variety of conditions, and can survey up to 400 acres in just 45 minutes. During flight, Quantix integrated sensors capture high-resolution RGB color and multispectral imagery via dual 18MP cameras. On-board processing delivers true color and normalized difference vegetation index (NDVI) maps on the Quantix control tablet as soon as the drone lands, allowing teams to ground-truth potential issues immediately. For more detailed analysis, the AeroVironment Decision Support System (AV DSS) performs advanced image processing and data analytics including True Color, NDVI, GNDVI, and anomaly detection to gain deeper insights into environmental damage and vegetation health. For more information on Quantix and AV DSS visit: www.avdroneanalytics.com

“Reaching just a few miles from our operations, the Woolsey fire directly impacted numerous AeroVironment team members and families in our community,” said Kirk Flittie, vice president and general manager of AeroVironment’s Unmanned Aircraft Systems business. “Within hours of receiving National Park Service clearance, our flight operations team began flying Quantix over the affected burn area, collecting invaluable aerial imagery data – and providing any support needed to help the park’s disaster assessment and recovery efforts.”

“This is one small way that we can help our community recover from this disaster, and one of the many ways AeroVironment’s robotics, sensors and connectivity solutions can help our customers proceed with certainty.” Flittie added.

For more information on the National Park Service – Inventory and Monitoring Program please visit: https://www.nps.gov/im/index.htm

Drone operations are being conducted under a special permit, flying drones over National Park Service lands is generally prohibited. No federal endorsement implied.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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Contact:
AeroVironment, Inc.
Steven Gitlin
+1 (805) 520-8350
.(JavaScript must be enabled to view this email address)

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956
.(JavaScript must be enabled to view this email address)

AeroVironment Awarded $3.2 Million Puma AE Unmanned Aircraft Systems Contract by United States Department of Defense for U.S. Indo-Pacific Command Ally

November 06, 2018
  • Puma all-environment system supports ground, riverine and maritime missions
  • United States Department of Defense Foreign Military Sales program facilitates interoperability among U.S. and allied forces

MONROVIA, Calif., Nov. 6, 2018 - AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems for both defense and commercial applications, today announced it received a $3,228,856 firm-fixed-price contract on Sept. 14, 2018 from the U.S. Department of Defense to provide RQ-20B Puma AE II small unmanned aircraft systems, training and support to an allied nation in the U.S. Indo-Pacific Command (INDOPACOM) area of responsibility.Delivery is anticipated by March 30, 2019.

“The vast, diverse landscape of the INDOPACOM area of operation demands small unmanned aircraft systems that can support ground, riverine and maritime operations effectively,” said Kirk Flittie, vice president and general manager of AeroVironment’s Unmanned Aircraft Systems business.“The combat-proven Puma has demonstrated its unique effectiveness in a wide range of operating environments, from mountains to deserts, from the Arctic to Antarctica, on land and on the open ocean, delivering actionable intelligence to help customers proceed with certainty.”

AeroVironment’s family of small drones comprise the majority of all unmanned aircraft in the U.S. DoD inventory and its rapidly growing international customer base numbers more than 45 allied governments.“This contract is a good example of the additional procurement potential among our international customers,” said Flittie.

The AeroVironment Puma is designed for land-based and maritime operations. Capable of landing in water or on the ground, the all-environment Puma, with its Mantis i45 sensor suite, empowers the operator with extended flight time and a level of imaging capability never before available in the small UAS class.

About AeroVironment Small UAS

The RQ-11B Raven®, RQ-12 Wasp®and RQ-20A/B Puma comprise AeroVironment’s Family of Small Unmanned Aircraft Systems. Operating with a common ground control system (GCS), this Family of Systems provides increased capability to the warfighter that can give ground commanders the option of selecting the appropriate aircraft based on the type of mission to be performed. This increased capability has the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel.AeroVironment provides logistics services worldwide to ensure a consistently high level of operational readiness and provides mission services for customers requiring only the information its small UAS produce.AeroVironment has delivered thousands of new and replacement small unmanned air vehicles to customers within the United States and to more than 45 allied governments.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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.


E-mail Facebook Twitter Share

Additional AV News: click here
AV Media Gallery: click here
Contact:
AeroVironment, Inc.
Steven Gitlin
+1 (805) 520-8350
.(JavaScript must be enabled to view this email address)

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956
.(JavaScript must be enabled to view this email address)

AeroVironment and General Dynamics Land Systems Join Forces to Integrate Unmanned Aircraft and Tactical Missile Systems with Armored Combat Vehicles

October 08, 2018
  • Leaders in their respective fields collaborate to deliver next-generation capabilities to warfighters through fully integrated system solutions
  • Enhanced integration increases automation, decreases workload, and requires fewer operators to deploy and operate unmanned aircraft and loitering missile systems
  • Collaborative projects address the upcoming U.S. Army Next Generation Combat Vehicle and U.S. Marines Armored Reconnaissance Vehicle programs

WASHINGTON, at AUSA, Oct. 8, 2018AeroVironment, Inc. (NASDAQ: AVAV), a leader in unmanned aircraft systems (UAS) and tactical missile systems (TMS), today announced a new strategic relationship with General Dynamics Land Systems (GD), the leader in ground combat vehicles, to produce highly integrated and effective tactical UAS and TMS for armored ground combat vehicles.

“By integrating the leading small tactical UAS and loitering missile systems with the leading armored combat vehicles, our team will deliver a new level of battlefield lethality, survivability and combat effectiveness to protect and enable the warfighter,” said Kirk Flittie, vice president and general manager of AeroVironment’s UAS business. “This enhanced integration will ensure precise, mobile lethality with increased automation, decreased workload, and fewer operators required for small drone and loitering missile systems deployment.AeroVironment and General Dynamics Land Systems are ready today to equip our warfighters with more lethality tomorrow.”

“The purpose of this partnership is to deliver a decisive advantage to ground combatants, to see first and strike first, across the tactical landscape,” said Don Kotchman, U.S. vice president and general manager of General Dynamics Land Systems.“We’re confident this integrated capability, expanding the warfighter’s situational awareness, survivability and over-the-next-obstacle lethality, will define the market for years to come.This will be done without adding significant burden to the Soldier or vehicle commander’s cognitive or physical workload.The benefits will be had in all environments, including urban, forest, desert or other terrain. This is the right partnership between industry leaders to offer real innovation to our customers.”

AeroVironment and GD’s collaborative projects will address the upcoming U.S. Army Next Generation Combat Vehicle (NGCV) and U.S. Marine Corps (USMC) Armored Reconnaissance Vehicle (ARV) programs. The NGCV program will dramatically benefit from automated drone scout and precision loitering missile engagement technology tightly coupled into the GD armored vehicle electronic architecture to rapidly geolocate and, if necessary, finish targets. The ARV project has evolved well beyond a straightforward replacement for the Light Armored Vehicle (LAV) into a networked family of manned vehicles, ground robots and drones, collectively capable of not only reconnaissance but also electronic warfare and long-range precision strikes. The vehicle is designed to launch a drone, scout deep, and then deploy precision fire and electronic warfare. It also will have an open architecture design that is upgraded with new technologies as they become available.

The two companies plan to display a proposed integrated prototype system at General Dynamics Land Systems’ AUSA booth #6027 (Exhibit D upstairs) that includes AeroVironment’s Switchblade® loitering missile launched from a Griffin III demonstrator, as well as a Shrike 2 vertical takeoff-landing (VTOL) forward flight system that takes off and lands on the Stryker A1 30mm prototype vehicle.The intent of the joint collaborative efforts is to develop a solution that will include the integration of AeroVironment’s Switchblade and Shrike 2 systems from prototype entrants to the USMC’s Armored Reconnaissance Vehicle (ARV) program.Both efforts plan to tightly integrate AeroVironment’s systems into the backbone electronic architecture of the GD vehicles.

AUSA Booth Numbers AeroVironment #3024
General Dynamics Land Systems #6027, Exhibit Hall D (Upstairs)

About General Dynamics Land Systems

General Dynamics Land Systems is part of GD’s Combat Systems.Land Systems is a global leader in designing, manufacturing and integrating world-class ground combat vehicles and capabilities. Our facilities around the world produce wheeled and tracked combat vehicles, including the Stryker family of vehicles and the Abrams main battle tank. The Combat Systems portfolio is supported by a broad range of high-performance weapons systems and munitions. More information about General Dynamics Land Systems is available at www.gdls.com.

More information about General Dynamics (NYSE: GD) is available at www.generaldynamics.com.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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Eyes in the Sky

October 04, 2018

Danish Contingent Soldiers train U.S. Marines in advanced UAS techniques. Watch the Puma in action.

View More ->
About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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United States Air Force Awards AeroVironment $13 Million Indefinite-Delivery/Indefinite-Quantity Contract to Support Latin American and Caribbean Nations with RQ-11B Raven Drones

October 04, 2018
  • U.S. Government fiscal 2018 operations and maintenance funds of $2.8 million obligated Sept. 30; work to be completed by 2023
  • Raven small unmanned aircraft systems to be deployed in U.S. Southern Command Area of Responsibility:Central America, South America and the Caribbean nations

MONROVIA, Calif., Oct. 4, 2018 - AeroVironment, Inc. (NASDAQ: AVAV) today announced the United States Air Force awarded the company a $13 million indefinite delivery/indefinite quantity (ID/IQ) contract on Sept. 30, 2018 for RQ-11B Raven® small unmanned aircraft systems (UAS) to support Latin American and Caribbean nations.United States Government fiscal 2018 operations and maintenance funds of $2,800,000 were committed at the time of the award.The work is expected to be completed by Sept. 28, 2023.

The Raven hand-launched small UAS, the most prolific military drone in the world, will be deployed in the U.S. Southern Command Area of Responsibility, which includes Central America, South America and the Caribbean.

“Raven revolutionized the battlefield with instant eyes in the sky and force protection for small tactical units 15 years ago and its enhanced capabilities continue to protect U.S. and allied armed forces throughout the world,” said Kirk Flittie, vice president and general manager of AeroVironment’s Unmanned Aircraft Systems business.“From the snow-capped peaks of Afghanistan to the dense jungles and rugged mountains of Latin America, Raven and AeroVironment’s family of small surveillance drones, including Puma AE and Wasp AE, are giving U.S. and allied troops unmatched advantages to advance safely through dangerous terrain.”

About AeroVironment Small UAS

RQ-11B Raven®, RQ-12 Wasp® and RQ-20A/B Puma comprise AeroVironment’s Family of Small Unmanned Aircraft Systems. Operating with a common ground control system (GCS), this Family of Systems provides increased capability to the warfighter that can give ground commanders the option of selecting the appropriate aircraft based on the type of mission to be performed. This increased capability has the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel.AeroVironment provides logistics services worldwide to ensure a consistently high level of operational readiness and provides mission services for customers requiring only the information its small UAS produce.AeroVironment has delivered thousands of new and replacement small unmanned air vehicles to customers within the United States and to more than 45 allied governments.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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NATO Support and Procurement Agency (NSPA) Awards AeroVironment $5.9 Million Contract to Procure Raven Unmanned Aircraft Systems for the Portuguese Army

September 13, 2018
  • Raven system, with Mantis i23 sensor suite and pocket Remote Video Terminal (p/RVT), greatly enhances missions by adding stand-off/intercept, real-time surveillance and connectivity
  • With proven track record in combat use around the globe, Raven systems operate successfully and reliably from a variety of austere operational environments
  • Portuguese Army joins a growing number of allies adopting and fielding AeroVironment’s family of unmanned aircraft systems

Simi Valley, Calif. Sept. 13, 2018 - AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both defense and commercial applications, announced today the receipt of a fixed-price contract award valued at $5,962,494 from NSPA on August 20, 2018.The contract award encompasses the procurement of Raven® unmanned aircraft systems equipped with Mantis i23 sensors and pocket Remote Video Terminals (p/RVT) for the Portuguese Army, with delivery scheduled over a three-year period.

“AeroVironment’s Raven unmanned aircraft system, equipped with our Mantis i23 gimbaled sensor suite and pocket Remote Video Terminal, packs significant capabilities into a portable, man-packable platform for operations in austere environments around the globe,” said Kirk Flittie, vice president and general manager of AeroVironment’s Unmanned Aircraft Systems business. “Our small UAS deliver valuable situational awareness directly to frontline warfighters at a fraction of the procurement and lifecycle cost of larger UAS.The Raven system will provide the Portuguese Army with rapid and effective force protection as well as interoperability capabilities with NATO forces, supporting coalition mission integration.”

With the Family of Systems (FoS) concept, customers can add other AeroVironment small UAS to augment their capabilities while utilizing the same ground control station and software for added simplicity and efficiency, providing for interoperability across NATO forces.The Portuguese Army’s adoption of the Raven system represents the 18th of 29 NATO member nations to adopt AeroVironment’s family of small UAS.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment MacCready Works Donates Quantix Systems to West Point Military Academy to Support Its Robotics Research Center

August 27, 2018
  • Automated, integrated and easy to use, the highly automated Quantix drone allows West Point cadets to focus on data analytics
  • Builds on AeroVironment’s ongoing collaboration with universities nationwide to support student development and product enhancement

SIMI VALLEY, Calif., July 27, 2018 - AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems for both defense and commercial applications, today announced its MacCready Works lab has donated automated Quantix™ hybrid drones, spare parts and AeroVironment’s Decision Support System (AV DSS™) analytics software to West Point to support the military academy’s Center for Innovation and Engineering and Geography and Environmental Engineering Department.

“MacCready Works is a focal point for AeroVironment’s continuous innovation, focusing on relentless problem solving and doing what has never been done before,” said Kirk Flittie, AeroVironment vice president and general manager of its Unmanned Aircraft Systems business segment. “We are fortunate to have the opportunity to collaborate with and support the prestigious West Point Military Academy as we work together to advance unique and innovative solutions using the Quantix system.”

West Point cadets will deploy two Quantix systems as part of the collaboration. The Quantix system is a fully integrated drone, sensor and software information solution for collecting and using aerial imagery that is as easy to use as an app.

The drone’s robust hybrid VTOL technology allows Quantix to operate effectively in a variety of conditions so cadets can collect data and create actionable intelligence when and where they need to.

This donation is part of AeroVironment’s ongoing support for West Point cadets and the company’s commitment to supporting those who defend freedom. The company also hosts West Point cadets as interns at AeroVironment’s California facilities and hopes to collaborate on future projects with West Point.

Further supporting American troops and first responders, AeroVironment offers a rebate on the purchase of a new Quantix and AVDSS ecosystem bundle to active and veteran United States military personnel and active and retired law enforcement and fire fighters and their immediate families. Visit https://www.avdroneanalytics.com/veterans-rebate/ to learn more.

No Federal endorsement implied.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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U.S. Army Selects AeroVironment to Compete for Family of Unmanned Aircraft Systems and Spare Parts Task Orders Valued at Up To $248 Million Over Five Years

July 09, 2018
  • Army secures continued support for its fleet of Puma Long Range Reconnaissance Surveillance (LRRS) and Raven Medium Range Mobile (MRM) UAS
  • Raven and Puma continue to support US Army soldiers with critical situational awareness anywhere, anytime
  • Sustainment of Raven and Puma fleets ensures operational readiness

MONROVIA, Calif., July 9, 2018AeroVironment, Inc. (NASDAQ: AVAV) announced that on April 10, 2018 the United States Army selected the Company and six other suppliers for small Unmanned Aircraft Systems (UAS) sustainment under a five-year Indefinite Delivery Indefinite Quantity (IDIQ) contract. The seven awardees will compete for LRRS and MRM UAS, Tactical Open Architecture Controller system and spare and repair parts procurement task orders over the duration of the contract.The maximum value of the contract is $248 million over five years.

“The Army and AeroVironment remain committed to supporting the soldier closest to the fight with UAS solutions proven secure, effective and dependable around the world,” said Kirk Flittie, vice president and general manager of AeroVironment’s UAS business segment. “The IDIQ contract assures that American soldiers can continue to rely on AeroVironment’s combat-proven solutions to deliver the actionable intelligence they need to proceed with certainty.”

AeroVironment won the first competitive award for the Army’s small UAS program of record on a sole-source basis in 2005, and won the renewal of that contract with four other suppliers in 2012.AeroVironment is the designer and manufacturer of the RQ-11B Raven® and RQ-20A and B Puma™ UAS, which constitute the vast majority of the Army’s existing fleet of Small UAS.The AeroVironment Raven, the most widely deployed defense unmanned aircraft system in the world today, is a lightweight solution designed for rapid deployment and high mobility for military applications requiring low-altitude surveillance and reconnaissance intelligence.

The AeroVironment Puma is a small unmanned aircraft system designed for land-based and maritime operations. Capable of landing in water or on the ground, the all-environment Puma, with its Mantis i45 sensor suite, empowers the operator with extended flight time and a level of imaging capability never before available in the small UAS class.

About AeroVironment Small UAS RQ-11B Raven®, RQ-12 Wasp® and RQ-20A Puma™ comprise AeroVironment’s Family of Small Unmanned Aircraft Systems. Operating with a common ground control system (GCS), this Family of Systems provides increased capability to the warfighter that can give ground commanders the option of selecting the appropriate aircraft based on the type of mission to be performed. This increased capability has the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel.AeroVironment offers a smaller vertical take-off and landing (VTOL) system, the Snipe VTOL™ for support of individual squads and platoon surveillance. AeroVironment provides logistics services worldwide to ensure a consistently high level of operational readiness and provides mission services for customers requiring only the information its small UAS produce. AeroVironment has delivered thousands of new and replacement small unmanned air vehicles to customers within the United States and to more than 40 allied governments.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment Collaborating with NASA’s Jet Propulsion Laboratory to Build First Drone - the Mars Helicopter - to Fly on Mars

July 03, 2018
  • New space endeavor draws on company’s unique and diverse history of innovation and high-altitude drone flight experience
  • Drone prototypes have passed rigorous tests in simulated Mars atmosphere
  • Final Mars-bound helicopter now in production at JPL

MONROVIA, Calif., July 3, 2018 – What does a company do when its trailblazing and diverse innovations for nearly half a century have redefined how the world drives and flies? When its many technological “firsts” include the first practical electric car, flying the Nano Hummingbird drone, record-setting, solar-powered aircraft flights in near space, and reshaping the battlefield with portable, hand-held, tactical drones and loitering munitions?

It takes on another world.

At a briefing held Wednesday at New York City’s NASDAQ Marketsite, AeroVironment, Inc. (NASDAQ: AVAV) revealed its critical role in collaborating with NASA’s Jet Propulsion Laboratory (NASA/JPL) in Pasadena, Calif. to build the drone helicopter recently selected by NASA/JPL’s Mars Exploration Program, and displayed a model of the Mars Helicopter, which is planned to fly on Mars in less than three years.

“AeroVironment’s deep, rich and diverse history of innovation combined with our experience with near-space aircraft like Pathfinder and Helios make us uniquely suited to collaborate with NASA and JPL on this historic, interplanetary venture,” said AeroVironment President and Chief Executive Officer Wahid Nawabi.

Flying at nearly 100,000 feet on Earth is much like flying on the surface of Mars – same air density – so AeroVironment used airfoil design principles and simulation tools the technology company learned from record high-altitude flights and incorporated them into the Mars helicopter design.

“The Mars Helicopter effort also benefits from the ultra-lightweight and ultra-high-precision methods integral to our nano projects that have been developed in our MacCready Works laboratory, where we’ve assembled a dedicated team of the industry’s brightest and most experienced thinkers to solve some of today’s greatest technological challenges,” Nawabi said.

AeroVironment first developed subscale Mars helicopter prototypes to test and demonstrate the feasibility of lift in the thin Martian atmosphere.Then in May 2016, AeroVironment delivered to NASA/JPL a Mars Helicopter rotor and landing gear prototype that was integrated with a JPL-developed controller and demonstrated free flight in a simulated Mars atmosphere, proving that it is possible to fly on the Red Planet. Next, AeroVironment delivered major helicopter subsystems in the fall of 2017 for integration into Mars-representative engineering development models. JPL built two Engineering Development Model Mars Helicopters, integrating the AeroVironment rotor, landing gear, fuselage shell and solar panel substrate together with JPL-developed fuselage composed of flight avionics, onboard power, telecom, flight control and sensors into two models.

One of the development models was used for flight demonstration in JPL’s large 25-foot space simulator, and the other for environmental testing, including thermal tests to ensure the vehicle can endure the frigid Mars nights, and vibration tests to make sure it is rugged enough to survive launch. Both vehicles passed the rigorous tests, paving the way for the development and fabrication of the final, Mars-bound version.

AeroVironment is currently building the flight versions of their subsystems which will be integrated with other subsystems into the vehicle that JPL is building. The plan is for JPL to then install the finished Mars Helicopter into the Mars 2020 rover for its ride to a Martian landing site, still to be determined.

The Mars Helicopter project is led by NASA JPL with team members across JPL, AeroVironment, NASA Ames and NASA Langley. The AeroVironment team has worked closely with NASA rotorcraft experts at the NASA Ames and Langley research centers and with JPL electrical, mechanical, materials, vehicle flight controls, and systems engineers. AeroVironment’s contributions to the first Mars drone include design and development of the helicopter’s airframe and major subsystems, including its rotor, rotor blades, hub and control mechanism hardware. The company also developed and built high-efficiency, lightweight propulsion motors, power electronics, landing gear, load-bearing structures, and the thermal enclosure for NASA/JPL’s avionics, sensors, and software systems

The press briefing featured high-impact visuals and models of many of AeroVironment’s innovations, including the Snipe™ nano drone – the latest tactical UAS innovation from AeroVironment that provides today’s defenders with critical information whenever and wherever it is needed – and the Switchblade®Lethal Miniature Aerial Missile System (LMAMS). AeroVironment recently received Switchblade orders from the U.S. Army and U.S. Marines Corps through Urgent Needs Statements.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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Recent U.S. Army Awards for AeroVironment Switchblade Tactical Missile Systems and Services Bring Total Contract Value to $111 Million since August 2017; Include First Switchblade Order for U.S. Marine Corps

May 22, 2018
  • $78 million has been funded since August 2017
  • Awards for hardware and contractor logistics support approved through Urgent Need Statements, reflecting high priority requirements
  • AeroVironment provides full system capability, including Switchblade systems, operator training, support and logistics

TAMPA, Fla., At SOFIC, May 22, 2018 AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems for both military and commercial applications, today announced the receipt of contract awards in April 2018 from the United States Army for procurement of the company’s Switchblade® Lethal Miniature Aerial Missile System (LMAMS) and Contractor Logistics Support (CLS) that bring the total value of Switchblade awards to $111,054,202 since August 2017. The contract awards were funded through Urgent Need Statements and include the first Switchblade order from the United States Marine Corps.The U.S. Army Contracting Command, Redstone Arsenal will manage the contracts, for which $78,095,737 has been funded.

The total value of Switchblade hardware awards is $67,763,386.Hardware deliveries under initial awards began in December 2017 and are expected to continue through September 2018.The total value of Switchblade CLS awards is $43,290,816, covering three years of services.

“Switchblade is a highly effective and mature smart weapon system that delivers unmatched force protection and precision strike capabilities to American forces with minimal to no collateral effects,” said Kirk Flittie, AeroVironment vice president and general manager of its Unmanned Aircraft Systems business segment.“Man-portable and lightweight, Switchblade is a uniquely powerful LMAMS solution for today’s complex combat environments. AeroVironment stands ready, with a battle-proven product, supply chain and production system, to respond rapidly to this and future requirements to ensure U.S. and allied forces can proceed with certainty.”

Deployed by United States forces for more than five years, the AeroVironment Switchblade provides warfighters with rapid-response force protection and precision strike capabilities up to 10 kilometers from its launch location.Its high precision, combined with specialized effects and wave-off capability, means Switchblade can minimize or even eliminate collateral damage. The upgraded Block 10C Switchblade incorporates additional enhancements based on feedback from users.

Orbital ATK (NYSE: OA) provides single purpose and multimode warheads for the Switchblade program.

About AeroVironment Tactical Missile Systems

Switchblade forms the basis of AeroVironment’s emerging family of Tactical Missile Systems. Switchblade is a rapid launch, high precision, force protection loitering missile that minimizes collateral damage. Designed initially for dismounted infantry operations, Switchblade spawned a number of variants in production and development for new customers and new applications. BlackwingTM is a variant of Switchblade designed to provide intelligence, surveillance and reconnaissance capabilities for longer missions and can be launched from submerged submarines and unmanned underwater vehicles.

About Orbital ATK

Orbital ATK is a global leader in aerospace and defense technologies. The company’s expertise in rocket propulsion technology and energetics materials enables the production of state-of-the-art infrared countermeasures, illumination devices and other products that meet the wide variety of needs of our nation’s defenders and our nation’s most trusted allies. Headquartered in Dulles, Virginia, Orbital ATK employs approximately 14,000 people across the U.S. and in several international locations. For more information, visit www.orbitalatk.com.



About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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ISO 9001:2015 and AS9100:2016 Certifications

May 09, 2018


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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German Navy to Field AeroVironment Puma Unmanned Aircraft System with Mantis i45 Sensor

May 07, 2018
  • Puma with Mantis i45 sensor and pocket Remote Video Terminal (p/RVT) greatly enhances naval missions by adding stand-off/intercept, real-time surveillance
  • All Environment configuration proven to operate successfully and reliably from naval vessels and able to land in water, float until recovered, and continue immediate operations
  • German Navy joins a growing number of allies in fielding a maritime unmanned aircraft system capability, expanding the use of AeroVironment’s family of systems

Berlin, Germany, at ILA 2018 May 7, 2018 - AeroVironment, Inc.(NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both defense and commercial applications, and ESG Elektroniksystem- und Logistik-GmbH, a leading system and software house in Germany for development and service, today announced the German Navy has acquired the AeroVironment Puma™ maritime unmanned aircraft system. The Puma systems will include the Mantis i45 sensor and pocket Remote Video Terminal (p/RVT). AeroVironment partnered with ESG to satisfy the requirement of the Bundesamt fur Ausrustung, Informationstechnik und Nutzung der Bundeswehr (BAAINBw) for an urgent operational requirement.

“Our Puma unmanned aircraft system, equipped with our Mantis i45 sensor suite and pocket Remote Video Terminal, packs significant capabilities into a portable platform that can operate on naval vessels without the need for modifications to the host ship,” said Kirk Flittie, vice president and general manager of AeroVironment’s Unmanned Aircraft Systems business segment. “AeroVironment’s small UAS have helped transform the way U.S. and allied forces plan, train, equip and operate. Fielding Puma to the German Navy provides rapid and effective force protection as well as interoperability with NATO forces, supporting coalition mission integration.”

German Navy adoption of the Puma system marks another step in the growing need for and fielding of UAS for the international surface combatant and coastal craft market. With the Family of Systems (FOS) concept, customers can add other AeroVironment UAS that will augment capabilities and utilize the same ground control station and software for added simplicity and efficiency.

AeroVironment developed the Puma system to win a 2008 United States Special Operations Command (USSOCOM) competitive program of record and subsequently supplied the system to the U.S. Navy Expeditionary Combat Command Coastal Riverine Forces, the U.S. Army for convoy and ground troop support and the U.S. Marine Corps. The Navy procured Puma AE systems for use aboard Patrol Craft and also deployed them on a U.S. Navy Expeditionary Fast Transport (T-EPF) ship in support of counter organized crime operations in the Caribbean. The Puma system is also being deployed by multiple international partners.

The United States Department of Defense established the designation RQ-20B for the block 2 Puma AE small UAS. The block 2 Puma AE system includes a more powerful and lighter propulsion system, lighter and stronger airframe, long-endurance battery, precision inertial navigation system and an improved user interface. The all-environment Mantis i45 gimbal sensor suite for Puma AE delivers a dramatic leap in small UAS image resolution and ISR capability.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment Awarded ISO 9001:2015 + AS9100D Certification for Quality Management System

May 04, 2018
  • Certification represents third-party validation of company’s strong commitment to the highest quality products, customer service and processes
  • Scope of certification encompasses all company business segments
  • Combination certification for aerospace and defense suppliers satisfies prerequisite requirements for working with U.S. DoD, NASA and FAA
  • Follows company’s recent U.S. Army “Tier 1” superior supplier designation

MONROVIA, Calif., May 4 , 2018AeroVironment, Inc. (NASDAQ: AVAV), a leader in unmanned aircraft systems (UAS) for both defense and commercial applications and tactical missile systems that serves militaries, government agencies, businesses and consumers worldwide, today announced that the company has earned ISO 9001:2015 + AS9100D certification for its Quality Management System.

ISO 9001:2015 is a globally recognized quality management standard developed and published by the International Organization for Standardization (ISO) that provides a model companies of all types and sizes can use to build an effective quality management system. The standard is based on several quality management principles, including a strong customer focus, involvement of high-level company management, a process approach and ongoing improvement of the process.

The AS9100 standard supplements the ISO 9001 requirements with conditions needed for work with the United States Department of Defense (DoD), NASA and Federal Aviation Administration (FAA). AS9100D certification, which is recognized internationally as the Quality Management System standard for manufacturers, contractors and suppliers to the aviation, space and defense industries, is based on a standard published by the Society of Automotive Engineers (SAE) for the design, manufacture, production, assembly and test of aerospace-related products. Companies that achieve AS9100D certification have proven their quality processes and continuous improvement methodologies meet the highest industry standards.

“Earning ISO 9001:2015 + AS9100D certification was a rigorous and thorough process, requiring the engagement of our entire organization. This achievement represents strong, third-party validation of AeroVironment’s longstanding, unshakeable commitment to providing the highest quality products and services to our customers across all of our business segments,” said Wahid Nawabi, president and chief executive officer of AeroVironment. “Adoption of these protocols within our Business Management System further ensures that our customers receive consistent, excellent quality products and services as well as continued quality improvement, increased operational efficiency and enhanced accountability.

“This accomplishment builds on another important third-party performance honor we received recently when AeroVironment was named to the Army’s 2017 Superior Supplier Incentive Program (SSIP) list as a ‘Tier 1’ business,” Nawabi added. SSIP provides a means for the Army to understand which contracts and programs are consistently attaining superior performance levels. The program also incentivizes contractor performance by highlighting areas where companies are doing well and can improve. Tier 1 is the best of three SSIP performance levels the Army uses to designate top-performing industry partners.

AeroVironment’s ISO 9001:2015 + AS9100D certificate (# CERT-0103461), which became effective March 13, 2018, was issued by SAI Global, a leading global management systems Certification Body. The scope of AeroVironment’s certification includes design, development, production, support and operational performance in its UAS, Tactical Missile Systems, electric vehicle (EV) charging systems, and power cycling and test systems business units that serve national and international customers.

Maintaining certification will require rigorous and comprehensive audits by the internal team and validation by a third-party certifying body to ensure compliance with the standard.

“We’re proud to add the SAI Global StandardsMark™ logo to our products and marketing materials as a symbol of our demonstrated and ongoing commitment to reliability, quality assurance and safety,” said Nawabi.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment Successfully Conducts Maritime Demonstration of Puma-Switchblade Automated Sensor-to-Shooter Capability to Counter Swarm Attacks

April 09, 2018
  • Patent pending technology was demonstrated and evaluated for operational effectiveness aboard a US Navy Coastal Riverine Craft against high-speed unmanned target boats
  • Tightly integrated system effectively finds, identifies, fixes and defeats fast-moving surface vessels approaching a host vessel
  • Existing RQ-20B Puma Block 2 All-Environment small unmanned aircraft system with Mantis i45 sensor gimbal quickly and accurately locates and identifies threats on land or at sea
  • Automatic coordinate handoff to battle-proven Switchblade lethal loitering missile precisely targets moving threats with pinpoint precision
  • Delivers unprecedented ability to identify threats at long ranges, limit collateral damage and “wave off” targets subsequently deemed neutral or friendly
  • Simultaneously displayed Puma and Switchblade imagery dramatically elevates operator situational awareness and reduces the chances of mis-targeting

NATIONAL HARBOR, Md., at Sea Air Space 2018, April 9, 2018AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both defense and commercial applications, today announced the successful maritime demonstration of a Puma™-Switchblade® automated sensor-to-shooter (S2S) capability from a US Navy Coastal Riverine Craft for increased mission autonomy to counter threats.

The tightly integrated walk-on/walk-off system uses existing RQ-20B Puma Block 2 - All Environment small UAS with the new Mantis i45 sensor gimbal combined with automatic coordinate transmission to the battle-proven Switchblade lethal loitering missile to quickly and accurately surveil and respond to threats on land or at sea.

“This new combination of our Puma unmanned aircraft system with our Switchblade loitering missile system gives commanders unprecedented ability to identify threats at long ranges, limit collateral damage and wave off targets subsequently deemed neutral or friendly,” said Rick Pedigo, vice president of AeroVironment’s Tactical Missile Systems business.

In a sensor-to-shooter mission, Puma, as a long-endurance intelligence, surveillance and reconnaissance (ISR) small UAS asset with a high-resolution day/night camera, positively identifies a target of interest and automatically passes the target location to Switchblade prior to its launch. Once Switchblade is launched, Puma continuously transmits the target location throughout the engagement sequence. When the target is in the field of view of Switchblade’s optical sensors, the Switchblade mission operator confirms the target and the Switchblade vehicle operator engages the threat. Switchblade continues to offer regret (wave-off) capability if, at any time, the target is identified as neutral or friendly.

In the Maritime demonstration, Puma identified a series of fast-attack craft moving toward a host platform and transmitted their target coordinates to Switchblade prior to launch. Once launched, Switchblade automatically flew to the fast-moving target and the operator defeated the threat by engaging it with an inert payload.

“Our sensor-to-shooter solution greatly enhances Switchblade’s capability to positively identify targets and reduce engagement timelines by performing target identification and location functions prior to launch,” said Pedigo. “By continuously updating the target location throughout the engagement, S2S significantly reduces the Switchblade operator’s workload.”

Sensor-to-shooter combines AeroVironment’s fielded Puma Block 2 (the “sensor”) and Switchblade loitering munition (the “shooter”) with additional equipment – a ruggedized laptop with S2S software, a Pocket DDL™ data link module and a larger gain antenna – to forward the Puma payload’s center field of view (CFOV) electronically to Switchblade as its target coordinate. On the laptop, the simultaneous Puma and Switchblade video dramatically elevates operator situational awareness and reduces the chances of mis-targeting.

“With future enhancements, multiple simultaneous threats can be defeated,” said Pedigo. Future enhancements will include a multi-pack launcher that holds up to six Switchblade munitions and software that allows operators to control multiple air vehicles simultaneously.

S2S currently is a prototype with plans for product release in the fall of 2018. Currently fielded Switchblade systems can be upgraded with the S2S capability.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment Releases New Puma 3, Upgraded for Operation in More Challenging Radio Frequency Environments

March 26, 2018
  • Upgraded airframe now accommodates concurrent operation of i45 gimbaled sensor suite and signals intelligence (SIGINT) payloads
  • Latest Digital Data Link (DDL) offers M1/M2/M5 and M3/M4/M6 frequency bands and AES-256 encryption
  • Complete system of three air vehicles and two ground control stations now transportable in four portable cases

HUNTSVILLE, Ala., at AUSA Global Force Symposium, March 26, 2018 - AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both defense and commercial applications, today announced at the AUSA Global Force Symposium (booth 1429) that the company is now taking orders for its new PumaTM 3 small unmanned aircraft system.

“We are in constant communication with our customers to ensure they have the most innovative and advanced small drones to successfully complete their missions.As a result of their feedback, the new Puma 3 includes air vehicle upgrades for operation in even more rugged environments than before, improved ability to support advanced third-party payloads and software applications and reliability in challenging electronic warfare/cyber environments where interference is prevalent,” said David Sharpin, vice president of AeroVironment’s Tactical UAS business.

AeroVironment upgraded the Puma’s airframe to enable robust operation of its i45 EO/IR sensor suite with SIGINT payloads in harsh and demanding environments. In addition, the Puma 3 incorporates AeroVironment’s latest digital data link (DDL) with security upgrades to support operation in more challenging radio frequency (RF) environments, with M1/M2/M5 and M3/M4/M6 frequency bands and with AES-256 encryption.

Sharpin said that, as part of ongoing efforts to stay at the forefront of battery technology, AeroVironment is releasing a new Puma smart battery that is more efficient and includes safety enhancements.AeroVironment also has optimized the portability of Puma from six transport cases to four, with a flyable configuration in a single transport case that features luggage-type handles.All these upgrades are incorporated while maintaining Puma 3’s renowned all-environment capability.

As previously announced, AeroVironment also is developing an upgrade to the RQ-11B Raven, called Raven 3. The upgraded Raven system will incorporate new camera technology into the i23 gimbaled sensor, similar to advancements made to Puma 3 and its i45 gimbal.These upgrades are still in progress and more information on Raven 3 will be available at the AUSA Symposium in October.

About AeroVironment Small UAS

RQ-11B Raven®, RQ-12 Wasp®, and RQ-20A and B Puma™ 3comprise AeroVironment’s Family of Small Unmanned Aircraft Systems. Operating with a common ground control system (GCS), this Family of Systems provides increased capability to the warfighter that can give commanders the option of selecting the appropriate aircraft based on the type of mission to be performed. This increased capability has the potential to provide significant force protection and force multiplication benefits to small tactical units, fixed installations, naval vessels and security personnel.AeroVironment provides logistics services worldwide to ensure a consistently high level of operational readiness and provides mission services for customers requiring only the information its small UAS produce.AeroVironment has delivered thousands of new and replacement small unmanned air vehicles to customers within the United States and to more than 40 international governments.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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Drone Company Hangs On to Win Clean-Energy Bet

March 22, 2018

Aerovironment retreated to the defense business when electric cars stalled. Now it's green again, and investors are piling in.  Clean earns more money. That's the mantra for investors reaping the reward of alternative energy outperforming fossil fuel. They've known since 2013 that you don't have to drive a Tesla or own its shares (they're up 826 percent) to benefit from green companies lapping the carbon crowd with superior perennial returns.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment Awarded $44.5 Million Puma AE UAS Contract from a Major Country in the Middle East

March 06, 2018
  • Largest-ever international contract reflects AeroVironment’s continually growing global customer base and commitment to equipping allied forces with innovative UAS
  • Portable, rugged Puma AE with Mantis i45 sensor provides unmatched tactical reconnaissance capabilities for ground and maritime operations

MONROVIA, Calif., March 6, 2018AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both defense and commercial applications, today announced that a major country in the Middle East has awarded the company a contract valued at $44.5 million (USD) for Puma™ II AE small UAS featuring the new Mantis i45 sensor.

“This contract for the ground forces of a Middle East regional power, and our largest international order to date, reflects AeroVironment’s continually growing international customer base and our ongoing commitment to equipping more allied forces with the innovative UAS solutions needed to ensure successful missions in a wide range of operations,” said Kirk Flittie, vice president and general manager of AeroVironment’s Unmanned Aircraft Systems business segment.

Puma AE UAS equipped with the Mantis i45 sensor suite enables operators to see better and farther than ever before, providing more actionable intelligence so users can proceed with certainty. Capable of ground and water landings, the rugged, portable and fully waterproof, Puma AE gives operators unmatched operational flexibility in the small UAS class.

The onboard Mantis i45 electro-optical/infrared (EO/IR) gimbal sensor suite is a powerful, versatile and high-value tool that delivers dramatically improved imaging capabilities to give military users world-class ISR capabilities comparable to platforms many times the size and cost of Puma AE. In operations, the Mantis i45 reduces the likelihood of detection by increasing the distance between the Puma AE and areas of interest while still providing the clarity and image quality of a close-range asset. Its high-resolution imagery also aids in target analysis, positive identification and enables operators to identify threats to friendly forces more effectively. By minimizing Puma’s exposure to detection by the enemy, the Mantis i45 greatly improves its ability to complete reconnaissance missions safely and effectively.

Puma AE’s enhanced precision navigation system with secondary GPS provides optimal positional accuracy and reliability. Moreover, AeroVironment’s common ground control system (GCS) allows the operator to control the aircraft manually or program it for GPS-based autonomous navigation.

“AeroVironment’s small UAS are transforming the way U.S. and allied ground forces around the world plan, train, equip and operate – giving them the tools needed to proceed with certainty in the most challenging circumstances,” said Flittie.

About AeroVironment Small UAS

RQ-11B Raven®, RQ-12 Wasp®, and RQ-20A and B Puma™ comprise AeroVironment’s Family of Small Unmanned Aircraft Systems. Operating with a common ground control system (GCS), this Family of Systems provides increased capability to the warfighter that can give commanders the option of selecting the appropriate aircraft based on the type of mission to be performed. This increased capability has the potential to provide significant force protection and force multiplication benefits to small tactical units, fixed installations, naval vessels and security personnel.AeroVironment provides logistics services worldwide to ensure a consistently high level of operational readiness and provides mission services for customers requiring only the information its small UAS produce.AeroVironment has delivered thousands of new and replacement small unmanned air vehicles to customers within the United States and to more than 40 international governments.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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Royal Canadian Navy to Field AeroVironment Puma II AE with Mantis i45 Sensor Aboard Coastal Defence Vessels

February 28, 2018
  • Puma II AE with Mantis i45 sensor and 360-degree antenna system greatly enhances naval missions by adding stand-off/intercept, all-directional, real-time surveillance
  • All Environment (AE) configuration is proven to operate successfully and reliably from ships and able to land in water, float until recovered, and continue immediate operations
  • With the Puma II AE, the Royal Canadian Navy (RCN) joins other Canadian Department of National Defence forces in fielding a maritime miniature unmanned aircraft system (MMUAS) capability and expands the use of the AeroVironment family of systems

MONROVIA, Calif., Feb. 28, 2018 -- AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both defense and commercial applications, and MDA, a Maxar Technologies company, announced the Royal Canadian Navy (RCN) has acquired the AeroVironment Puma™ II AE,maritime mini unmanned aircraft system, for fielding aboard RCN Maritime Coastal Defence Vessels (MCDV).The Puma II AE systems will include the Mantis i45 sensor and a 360-degree antenna system. MDA partnered with AeroVironment to satisfy the requirement of the Department of National Defence of Canada for the Maritime Miniature Unmanned Aircraft System (MMUAS).

“The addition of our Mantis i45 sensor and 360-degree antenna system expands the capability of Puma II AE to support maritime operations.This solution also builds on AeroVironment’s extensive operational experience with small UAS to provide the Royal Canadian Navy with a low-cost, hand-launched capability that is optimized for contested environments,” said Kirk Flittie, vice president and general manager of AeroVironment’s Unmanned Aircraft Systems business segment. “AeroVironment’s small UAS have helped transform the way U.S. and allied forces plan, train, equip and operate.Fielding Puma II AE to the Canadian Navy allows interoperability with NATO forces and supports coalition mission integration,” said Flittie.

Canada previously acquired AeroVironment’s Raven® UAS and its defense forces have employed Raven systems extensively.

RCN’s adoption of the Puma II AE marks another step in the growing need and fielding of MMUAS for the international surface combatant and coastal craft market.With the Family of Systems (FOS) concept, customers can add other AeroVironment UAS that will augment capabilities and utilize the same ground control station and software for added simplicity and efficiency.

AeroVironment developed the Puma AE system to win a 2008 United States Special Operations Command (USSOCOM) competitive program of record and subsequently supplied the system to the U.S. Navy Expeditionary Combat Command Coastal Riverine Forces, the US Army for convoy and ground troop support and the US Marine Corps.The Navy procured Puma AE systems for use aboard Patrol Craft and also deployed them on a U.S. Navy Expeditionary Fast Transport (T-EPF) ship in support of counter organized crime operations in the Caribbean. The Puma AE is also being deployed by multiple international partners.

The United States Department of Defense established the designation RQ-20B for the block 2 Puma AE small UAS.The block 2 Puma AE system includes a more powerful and lighter propulsion system, lighter and stronger airframe, long-endurance battery, precision inertial navigation system and an improved user interface.The all- environment Mantis i45 gimbal sensor suite for Puma AE delivers a dramatic leap in small UAS image resolution and ISR capability.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment Automated Quantix Hybrid Drone and AV Decision Support System Now Available; A Powerfully Simple-to-Use and Fully Integrated Drone and Data Processing Solution Delivering Actionable Intelligence for the Farm

January 31, 2018
  • Completely automated Quantix hybrid and AV DSS solution now available through AeroVironment’s approved agriculture reseller network
  • Users can scan and upload as many acres as needed for advanced data analysis
  • Come see AeroVironment’s first-of-its-kind automated drone at premier agriculture tradeshows and enter for a chance to win a Quantix and AV DSS bundle

MONROVIA, Calif., Jan. 31, 2018 AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems for both defense and commercial applications, today announced that its automated Quantix™ hybrid drone and AeroVironment Decision Support System (AV DSS™) analytics software are now available for sale through its authorized reseller network. AeroVironment will be showcasing this pioneering ecosystem at three upcoming tradeshows: World Ag Expo, National Farm Machinery Show and Commodity Classic. Show attendees will have the opportunity to enter a drawing to win a complete Quantix hybrid drone and AV DSS bundle, valued at $16,500.

“We are offering farmers the first fully integrated drone, sensor and software information solution, that’s as easy to use as an app, for collecting and using aerial imagery,” said Kirk Flittie, vice president and general manager of AeroVironment’s Unmanned Aircraft Systems business segment. “Farmers can now survey their entire farm more efficiently and accurately, on their schedule, to enable better decision making and farm management.We think this represents a turning point for the commercial use of drone technology, and we look forward to helping farmers everywhere gain information superiority in their ongoing battle against uncertainty.”

With Quick-Look™, farmers can view Quantix data in the field after each flight, offering a near real-time view of their farm. For higher resolution, advanced analytics, and historical trend analysis, imagery is processed through AV DSS using proprietary algorithms. “Throughout the development of Quantix and AV DSS we worked closely with growers to identify the most meaningful benefits delivered by our drone ecosystem,” said Jeff Rodrian, Commercial Information Solutions director. “We helped farmers use aerial imagery and analytics to assess the effectiveness of their growing processes, improve their scouting efficiency, and learn from changes in historical data to make improvements year-over-year.”

A Quantix hybrid drone and 1-year subscription to AV DSS, with the ability to upload all the acreage needed for advanced data analysis, has an MSRP of $16,500. The complete solution includes an automated Quantix hybrid drone with integrated true color and multispectral cameras, controller tablet with flight software and Quick-Look maps to conduct in-field assessments, battery and charger, plus a one-year subscription to AV DSS software delivering image processing, advanced analytics, comparative analysis and historical reporting. Users can also download the AV DSS Survey Mobile App that allows them to collect and upload georeferenced images and notes automatically to AV DSS.

Enter for a Chance to Win a Free Ecosystem

AeroVironment will conduct drawings for a Quantix hybrid drone and AV DSS bundle at World Ag Expo, National Farm Machinery Show and Commodity Classic. Show attendees can enter for a chance to win one bundle at each show by visiting the AeroVironment booth to fill out an entry form.

Customers can now purchase the Quantix hybrid drone and AV DSS from local authorized resellers.Click here to find a local dealer and check back as AeroVironment expands its dealer network in the coming months. Customers can also buy online if a local dealer is not available by visiting www.AVdroneanalytics.com

To learn more about becoming a dealer, please visit https://www.avdroneanalytics.com/partner/.

Meet AeroVironment at Select Trade Shows

World Ag Expo, Tulare, Calif., Feb. 13-15 – Booth 3006, Building C
National Farm Machinery Show, Louisville, Ky., Feb. 14-17 – Booth 7458 & 7456
Commodity Classic, Anaheim, Calif., Feb. 27- Mar. 1 – Booth 2073


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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LA Business Journal: New Heights for Drones?

January 22, 2018

AeroViroment Inc. opened 2018 with plans to build a drone that flies higher and longer than any it has built before – a solar-powered plane that could soar in the upper atmosphere for weeks or months at a time and carry a load of telecommunications transmitters.

The company laid out its latest goals as part of a Jan. 3 announcement of a joint venture with Tokyo-based telecommunications giant SoftBank Corp., called HAPSMobile Inc. The new partners will join an ambitious field of projects – including a flying-wing in the works at Facebook Inc. and a balloon-based experiment by Alphabet Inc. – that aim to lift telecommunications transmitters up to 65,000 feet above sea level in order to grab a piece of the broadband market in developing countries.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment Set to Define the Solar-powered HALE Segment for Commercial Drone Operations. Learn more

January 19, 2018

“We’ve been aware of the utility that HALE unmanned aircraft systems can deliver and have been tracking the market’s receptivity to it for a long time now,” Steve Gitlin, Vice President Corporate Strategy at AeroVironment, told Commercial UAV News. “With this partnership, we’ll be able to work with a partner who not only understands the end user market opportunities in telecommunications, but also has a very deep understanding of technology innovation themselves.”

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment Announces Joint Venture and Solar High-Altitude Long-Endurance Unmanned Aircraft System Development Program

January 03, 2018
  • Joint venture to fund development and production of solar-powered high-altitude unmanned aircraft systems
  • AeroVironment to design and develop solar aircraft and ground control stations for flight testing and certification
  • Net value of development contract is $65 million

MONROVIA, Calif.,Jan. 3, 2018AeroVironment, Inc.(NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both defense and commercial applications, today announced the formation of a joint venture to develop solar-powered high-altitude long-endurance, or HALE, UAS for commercial operations.This category of UAS is also referred to as high-altitude pseudo-satellites, or HAPS.The joint venture will fund the development program up to a net maximum value of $65,011,481.

The joint venture, HAPSMobile, Inc., is a Japanese corporation that is 95 percent funded and owned by Japan-based telecommunications operator SoftBank Corp. and 5 percent funded and owned by AeroVironment, Inc. AeroVironment is committed to contribute $5 million in capital for its 5 percent ownership of the joint venture, and has an option to increase its ownership stake in HAPSMobile up to 19 percent at the same cost basis as its initial 5 percent purchase.

“This is a historic moment for AeroVironment. For many years, we have fully understood the incredible value high-altitude, long-endurance unmanned aircraft platforms could deliver to countless organizations and millions of people around the world through remote sensing and last mile, next generation IoT connectivity,” said Wahid Nawabi, AeroVironment chief executive officer.“We were searching for the right strategic partner to pursue this very large global opportunity with us.Now we believe we are extremely well-positioned to build on the decades of successful development we have performed to translate our solar UAS innovations into long-term value through HAPSMobile, Inc. Our entire team is excited, and we look forward to transforming this strategic growth opportunity into reality.”

AeroVironment pioneered the concept of high-altitude solar-powered UAS in the 1980s, and developed and demonstrated multiple systems for NASA’s Environmental Research Aircraft and Sensor Technology, or ERAST program, in the late 1990s and early 2000s.In August 2001, the AeroVironment Helios prototype reached an altitude of 96,863 feet, setting the world-record for sustained horizontal flight by a winged aircraft.In 2002, the AeroVironment Pathfinder Plus prototype performed the world’s first UAS telecommunications demonstrations at 65,000 feet by providing high-definition television (HDTV) signals, third-generation (3G) mobile voice, video and data and high-speed internet connectivity. Multiple United States government agencies funded the development of the hybrid-electric Global Observer unmanned aircraft system from 2007 through 2011.Global Observer represents a solution for extended operation over high Northern and Southern latitudes during local winters, when the sun’s energy is insufficient to maintain continuous solar aircraft operation at high altitude.

SoftBank Corp. and AeroVironment, Inc. have agreed to license certain background intellectual properties to HAPSMobile, which will own the newly developed UAS intellectual property and possess exclusive rights for commercial applications globally, and non-commercial applications in Japan.AeroVironment will possess exclusive rights to the resulting intellectual property for certain non-commercial applications, except in Japan.AeroVironment will also possess exclusive rights to design and manufacture all such aircraft in the future for HAPSMobile, subject to the terms of the Joint Venture Agreement.

For additional information, please see AeroVironment’s Form 8-K, filed with the Securities and Exchange Commission on January 3, 2018.

###


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment CEO, Wahid Nawabi, Featured on CNBC’s Mad Money

December 15, 2017

  • Mad Money" host Jim Cramer sat down with AeroVironment President and CEO Wahid Nawabi to hear about his defense and commercial drone company's new products.
  • Nawabi showed Cramer a new product for the agriculture industry that is available for purchase starting Thursday.
  • The $16,500 autonomous drone comes with an app that runs software analytics on its own, the CEO said.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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U.S. Navy Awards AeroVironment $2.5 Million Contract for Continuation and Expansion of Blackwing UAS Program

October 09, 2017
  • Order including multiple Blackwing™ vehicles, sensor payloads and refurbishment kits to be delivered by November 2018
  • Blackwing delivering valuable new capabilities to naval undersea warfare since first deployed last year

WASHINGTON--(BUSINESS WIRE)--Association of the United States Army Annual Meeting and Exposition AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both military and commercial applications, today announced the receipt of a contract award from the United States Navy on September 29, 2017, for continuation and expansion of its Blackwing™ small Unmanned Aerial Vehicles (UAV) program. The contract includes orders for multiple Blackwing vehicles, sensor payloads and refurbishment kits for a total value of $2,578,822. The initial set of vehicles are anticipated for delivery by May 2018, and final delivery anticipated by November 2018.

Blackwing is a small, tube-launched unmanned aircraft that employs an advanced, miniature electro-optical and infrared (EO/IR) payload, integrated inertial/GPS autopilot system and secure Digital Data Link (DDL), all packaged into a vehicle that launches from under the surface of the sea, from manned submarines and unmanned underwater vehicles (UUVs).

“Since first being deployed just a few months ago, Blackwing has delivered valuable new capabilities to United States naval undersea warfare units,” said Kirk Flittie, AeroVironment vice president and general manager of its Unmanned Aircraft Systems business segment. “This contract is consistent with the Navy’s plans to resupply existing vessels and equip additional submarines with the Blackwing capability.”

Blackwing builds on AeroVironment’s extensive operational experience with small UAS and its Switchblade® Lethal Miniature Aerial Missile System (LMAMS) to provide the Navy with a low-cost, submarine-launched UAS optimized for denied environments. AeroVironment developed the Blackwing system as part of a 2013 Navy and United States Pacific Command (PACOM) sponsored Joint Capabilities Technology Demonstration (JCTD) called Advanced Weapons Enhanced by Submarine UAS against Mobile targets (AWESUM). This JCTD was completed in September 2015 with a strong recommendation to transition the capability into the fleet.

“Blackwing can also be integrated with and deployed from a wide variety of surface vessels and mobile ground vehicles to provide rapid response reconnaissance capabilities to help warfighters proceed with certainty, even in the most challenging settings, helping to ensure safe and successful missions,” Flittie said.

“AeroVironment’s small UAS – including Raven®, Puma™ AE and Wasp® AE, as well as Switchblade® loitering missile and its variants – continue proving their life-saving value with U.S. forces and increasingly with our allies around the world as our international footprint grows. We now count more than 40 countries outside of the U.S. as customers for our family of small UAS,” he added.

The Naval Undersea Warfare Center, Division Newport (NUWCDIVNPT) awarded this contract to AeroVironment, the only manufacturer of the Blackwing UAS, on a sole source basis in accordance with Federal Acquisition Regulations (FAR) guidelines.

Visit AeroVironment at the AUSA Annual Meeting and Expo from October 9–11:

  • Booth #201
  • Walter E. Washington Convention Center, Washington DC.

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment Upgrading Family of Small UAS; Puma 3 and Raven 3 to Be Unveiled at AUSA Global Force Symposium Next Spring

October 09, 2017
  • Puma 3 structural enhancements increase durability, enable concurrent operation of electro-optical (EO)/Infrared (IR) and radio frequency (RF) payloads
  • Upgraded avionics modules to provide expanded navigation capabilities in both aircraft
  • Digital Data Link (DDL) security enhancements to support operation in challenging electronic warfare (EW) and cyber environments, in addition to current M1/M2/M5 frequencies

WASHINGTON--(BUSINESS WIRE)--Association of the United States Army Annual Meeting and Exposition AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems for both military and commercial applications, today announced that its Puma™ AE and Raven® small unmanned aircraft systems, the most widely deployed UAVs in the United States Department of Defense fleet, are being enhanced with new upgrades. The new aircraft, Puma 3 and Raven 3, will be unveiled at the AUSA Global Force Symposium in March 2018.

The upgrades, which are being briefed in a series of customer meetings at AeroVironment’s booth (#201) here this week, include durability enhancements to the aircraft to operate in more rugged environments, improved ability to support advanced third-party payloads and software applications and enhanced performance in challenging radio electronic warfare/cyber environments where interference is prevalent.

“The Puma 3 and Raven 3 upgrades are based on customer feedback and provide enhanced capabilities while preserving backward compatibility for our users,” said Kirk Flittie, vice president and general manager of AeroVironment’s Unmanned Aircraft Systems business unit. “While thousands of our small UAS are working hard every day in rugged locations around the globe, we are always listening to our customers to determine how we can enhance our Family of Systems to make it even more powerful and reliable, especially in the highest risk operations. In addition to product enhancements, we are currently working with several customers on certification of our existing and upgraded UAS to operate in their national airspace systems. We take airworthiness and certification of our systems, and the components that go into our UAS, very seriously.”

The next-generation avionics suite on the Puma 3 and Raven 3 will include specialized processors to support advanced navigation techniques and third-party algorithms. Additionally, customers will be able to interface with next generation GPS modules for operation in GPS-challenged environments. Both aircraft will have an improved inertial measurement unit to enhance their flying capability.

Puma 3 features enhanced composite structures to support landing with heavier configurations and at higher altitudes. Puma 3 will incorporate a new, more efficient smart battery as well as enhancements to battery safety. Puma 3 will also reduce the system’s footprint from six transport cases to four, and will feature a flyable configuration in a single transport case with a luggage-type handle for improved portability.

Raven 3 will feature a new smart battery with an integrated state-of-the-charge indicator and improved safety and reliability during charging and flight operations. Raven 3 will also include an optional AVTracker capability, which improves Raven’s ability to maintain “eyes on target.”

Finally, Puma 3 and Raven 3 will be equipped with Digital Data Link (DDL) security upgrades to support operation in more challenging RF environments and will include M1/M2/M5 radio frequencies to conform seamlessly and securely to the Department of Defense’s new frequency spectrum allocation.

Visit AeroVironment at the AUSA Annual Meeting and Expo from October 9–11:

  • Booth #201
  • Walter E. Washington Convention Center, Washington DC

About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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Contact:
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Steven Gitlin
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.(JavaScript must be enabled to view this email address)

Mark Boyer
For AeroVironment, Inc.
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AeroVironment Enhances Its Family of Small Unmanned Aircraft Systems with M1/M2/M5 Compatible Digital Data Link (DDL) Products

September 19, 2017
  • Raven and Puma AE aircraft now operate with new M1/M2/M5 radios and frequency spectrum, recently allocated to small UAS by the United States Department of Defense (DoD)
  • Raven and Puma AE systems equipped with M/1/M2/M5 radios weredelivered to two DoD customers this spring
  • AeroVironment also unveiled M1/M2/M5 compatible Pocket DDL AE, designed to operate in all environments

QUANTICO, VA at Modern Day Marine, Sept. 19, 2017AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both military and commercial applications, today announced that it has delivered M1/M2/M5-compatible Raven® and Puma™ AE unmanned aircraft systems (UAS) to two DoD customers, with more orders and deliveries scheduled. In addition, the company will begin taking orders in December 2017 for M1/M2/M5-configured Wasp® AE micro air vehicles (MAV) for delivery in spring 2018.

“Integrating the new M1/M2/M5 radio frequencies into our family of small UAS gives our customers the ability to seamlessly and securely conform to the Department of Defense‘s new frequency spectrum allocation and proceed with certainty,” said David Sharpin, vice president of AeroVironment’s Tactical UAS Business Unit. “By combining all three frequency bands in the same transceiver module, we’ve made it easy for users to select the frequency band associated with the part of the world in which they are operating without having to swap any hardware.”

AeroVironment today also unveiled its new Pocket DDL™ AE, a rugged, all- environment, next generation, secure digital video and data receiver that also integrates the new M1/M2/M5 radio frequency spectrum. The all-environment design of AeroVironment’s new Pocket DDL AE makes it significantly more rugged than its predecessor by offering a fully waterproof package (immersible to three feet) that supports tactical operations in a wide range of environmental conditions and difficult urban terrain.

Designed for simplicity and ease of use, the Pocket DDL AE facilitates rapid and secure access to a small UAS Digital Data Link (DDL) network.Each sleek unit has no exterior buttons or displays and is completely controlled through an App. Pocket DDL AE has a standard Glenair® Mighty-Mouse connector, making it compatible with the Army‘s Net Warrior system, so dedicated cables for Pocket DDL are not necessary.It can operate from any power supply, providing between 5 and 32 volts DC.

Pocket DDL AE implements an open-systems architecture, using a USB interface and XML messaging for control of the radio functions.This enables apps designed for special purposes, such as tactical operations, search and rescue, asset tracking, long- range communications, mission command, and targeting to use Pocket DDL AE to employ small UAS to help perform their tasks more effectively.

“Combined with the M1/M2/M5 upgrade to our Pocket DDL AE, this provides greatly enhanced capability across our entire family of small UAS product line for improved tactical operations,” Sharpin said.“This example demonstrates our ongoing commitment to upgrade our Family of Systems products and provide new capabilities to our existing and new customers around the world.”

AeroVironment will announce additional upgrades to its market-leading Family of Unmanned Aircraft Systems during the Association of the Army’s Annual Meeting next month.

About AeroVironment Small UAS

RQ-11B Raven®, RQ-12 Wasp®, RQ-20A Puma™, RQ-20B Puma and Snipe Nano UAS comprise AeroVironment’s Family of Small Unmanned Aircraft Systems. Operating with a common ground control system (GCS), this Family of Systems provides increased capability to the warfighter that can give ground commanders the option of selecting the appropriate aircraft based on the type of mission to be performed. This increased capability has the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel.AeroVironment provides logistics services worldwide to ensure a consistently high level of operational readiness and provides mission services for customers requiring only the information its small UAS produce.AeroVironment has delivered thousands of new and replacement small unmanned air vehicles to customers within the United States and to more than 40 international governments.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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AeroVironment’s New Long-Range Tracking Antenna Significantly Extends Puma AE UAS Capabilities and Enhances Warfighter Safety

September 12, 2017
  • Critical upgrade extends range of Puma™ AE systems equipped with AeroVironment’s secure Digital Data Link (DDL) technology to approximately 60 kilometers
  • New technology delivers three times the range of current Puma systems

LONDON, at DSEI, Sept. 12, 2017AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both military and commercial applications, today announced the release of a new, long-range tracking antenna (LRTA) for its Puma™ AE unmanned aircraft system. The critical upgrade extends the range of Puma systems equipped with AeroVironment’s secure Digital Data Link (DDL™) technology to approximately 60 kilometers (37.28 miles),significantly boosting Puma AE’s intelligence, surveillance and reconnaissance (ISR) capabilities and enhancing warfighter safety.

“The LRTA enables Puma AE operators to gather critical ISR data while positioned much farther from dangerous hostile fire,” said Kirk Flittie, AeroVironment vice president and general manager of its Unmanned Aircraft Systems business segment. “Importantly, this technology provides our customers with a UAS solution that can triple the range of existing Puma systems that use our standard omni-directional antenna.”

The antenna also features an automated tracking function (two-axis positioner) that ensures a secure and reliable link with the Puma air vehicle while it operates at extended range.When integrated with AeroVironment’s Mantis i45 electro-optical/infrared (EO/IR) gimbal sensor suite, this improved antenna gives Puma capabilities similar to larger and more costly Group 2 or higher UAS.

With M3/M4 DDL radio frequency capability, the new LRTA is compatible with a wide range of flight and ground assets that use those wavebands, including AeroVironment’s Pocket Digital Data Link (pDDL AE™) transceivers and Pocket RVT (pRVT™) video transceivers, which give users direct access to real-time video downlink images and geodata from any DDL-equipped platform.

Among other important features of the new LRTA, its rugged frame was designed for operation in the harshest conditions. It comes fully equipped with all the components needed for its operation. Plus, operation with the LRTA requires no modifications to Puma Systems compatible with M3/M4 DDL radios.

The new LRTA’s automated tracking function offers close range automatic antenna switching for omni-directional use. Additionally, the antenna is equipped with a self-contained uninterruptible power supply (UPS) for power conditioning.

Puma AE (All Environment) is a fully waterproof, small UAS designed for land and maritime operations. Capable of landing in water or on land, the Puma AE empowers the operator with unmatched operational flexibility in the small UAS class. Puma’s enhanced precision navigation system with secondary GPS provides optimal positional accuracy and reliability. Moreover, AeroVironment’s common ground control system (GCS) allows the operator to control the aircraft manually or program it for GPS-based autonomous navigation.

The LRTA for Puma AE systems is now available for ordering, with delivery scheduled for Spring of 2018.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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Mark Boyer
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AeroVironment Participates in Contract Signing Ceremony for Australian Defence Force Wasp AE Package

July 25, 2017

AeroVironment Participates in Contract Signing Ceremony for Australian Defence Force Wasp AE Package

  • Three-year contract includes AeroVironment Wasp® AE systems, plus multi-year training and support
  • Australian-based companies XTEK Limited, Sentient Vision Systems and General Dynamics Mediaware to provide added capabilities for Wasp AE and local support
  • AeroVironment now supports more than 40 allied countries with its family of small unmanned aircraft systems

Canberra, Australia, July 25, 2017AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both military and commercial applications, today participated in a signing ceremony here for the formal execution of contracts (first announced June 1, 2017) to deliver Wasp® AE unmanned aircraft systems (UAS) to the Australian Defence Force (ADF) over a three-year period commencing July 1, 2018.

AeroVironment is working closely with Australian partners XTEK, General Dynamics Mediaware and Sentient Vision to provide Wasp AE, a proven capability in service with militaries around the world, which will then be modified with Australian content to meet both ADF and Australia industry needs. XTEK and AeroVironment will provide local maintenance, training and field support to serve the immediate needs of ADF while expanding AeroVironment’s global support capabilities.

“This contract to supply Wasp AE small UAV systems to support the Australian Defence Force is the result of 10 years of work with XTEK and the Commonwealth, including thorough operational testing, bringing small UAS compatible with the US operations to Australia, and adding capabilities from Australian companies,” said David Sharpin, vice-president of AeroVironment's Tactical Unmanned Aircraft Systems (UAS) business unit.“This collaboration reflects the unwavering commitment of all four companies and the ADF to support and protect the dedicated members of the Australian armed forces with the best UAS capabilities available in the world today – to help them proceed with certainty and ensure successful missions.”

Sharpin said this contract is another indication of AeroVironment’s growing global footprint. AeroVironment now counts more than 40 allied countries as customers for its family of small UAS, including Wasp® AE, Raven®, Puma™ AE and support services.

At only 2.8 pounds, AeroVironment’s Wasp AE is packed with powerful features, such as superior imagery, increased endurance, encrypted video and ease of use, that are inherent in all AeroVironment UAS solutions. Launched by hand and capable of landing on the ground or in fresh or salt water, the Wasp AE’s portability and flexibility make it ideal for infantry, littoral and maritime reconnaissance operations anyplace in the world.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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Contact:
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Mark Boyer
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ISIS Fight Shows U.S. Military Can Use Lower-Cost Weapons with Lethal Results

July 19, 2017

The fight against the Islamic State has become a learning opportunity for the U.S. military as it looks to a future taking on very adaptable and resourceful opponents. There's also a growing realization that lower-cost technology solutions, whether in precision weapons or lighter attack aircraft, can provide advantages in an era of constrained budgets.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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Contact:
AeroVironment, Inc.
Steven Gitlin
+1 (805) 520-8350
.(JavaScript must be enabled to view this email address)

Mark Boyer
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+1 (310) 229-5956
.(JavaScript must be enabled to view this email address)

Australian Defence Force Selects AeroVironment Wasp® AE for AUD $101 Million Small Unmanned Aircraft Systems Program

June 01, 2017

Australian Defence Force Selects AeroVironment Wasp® AE for AUD $101 Million Small Unmanned Aircraft Systems Program

  • AeroVironment to provide Wasp® AE systems over three years with multi-year training and support
  • Total contract value to AeroVironment of up to USD $36.5 million for hardware and services over program lifespan
  • Australian partners XTEK, General Dynamics Mediaware and Sentient to provide added capabilities for WASP AE and local support for the Australian Defence Force

MONROVIA, Calif.,June 1, 2017 AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both military and commercial applications, today announced the selection of the company’s Wasp AE small unmanned aircraft system by the Australian Defence Force (ADF). The ADF Indefinite Delivery/Indefinite Quantity (ID/IQ) contract calls for the delivery of Wasp AE systems over a three-year period, as well as training and logistics support for up to ten years, for a total AeroVironment contract value of up to USD $36.5 million.

“Wasp AE provides all environment situational awareness in a highly portable package,” said Kirk Flittie, AeroVironment vice president and general manager of its Unmanned Aircraft Systems business segment. “Along with our Australian partners XTEK, General Dynamics Mediaware and Sentient, we look forward to supporting and protecting ADF forces with the industry’s leading small UAS capabilities.”

AeroVironment is working closely with Australian partners XTEK, General Dynamics Mediaware and Sentient Vision to provide WASP AE, a proven capability in service with militaries around the world, which will then be modified with Australian content to meet both ADF and Australia industry needs. XTEK and AeroVironment will provide local maintenance, training and field support to serve the immediate needs of ADF while expanding AeroVironment’s global support capabilities.

The Wasp AE weighs 2.8 pounds, operates for up to 50 minutes at a range of up to five kilometers and delivers live, streaming color and infrared video from its pan-tilt-zoom Mantis i22 AE gimbaled payload. Launched by hand and capable of landing on the ground or in fresh or salt water, the Wasp AE provides portability and flexibility for infantry, littoral or maritime reconnaissance operations.


About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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Contact:
AeroVironment, Inc.
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Mark Boyer
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AeroVironment’s Cell Phone-Size Drone is Helping US Military Forces

May 24, 2017

When it comes to military intelligence, tiny is where it’s at.

No one knows this better than AeroVironment Inc. (AV). The Monrovia-based maker of unmanned aircraft systems has produced a variety of small drones that are used extensively by U.S. military forces in Iraq and Afghanistan. But the company’s newly unveiled Snipe Nano Quad has taken “small” to a new level. The unit is about the size of a cell phone, but what it lacks in size it makes up for in a multitude of high-tech features.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. 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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Additional AV News: click here
AV Media Gallery: click here
Contact:
AeroVironment, Inc.
Steven Gitlin
+1 (805) 520-8350
.(JavaScript must be enabled to view this email address)

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956
.(JavaScript must be enabled to view this email address)

AeroVironment Begins Full Rate Production and Shipment of Mantis i45 EO/IR Gimbal Sensor Suite for Puma™ AE UAS

May 10, 2017
  • Available for military applications, Mantis i45 greatly enhances AeroVironment Puma™ AE small unmanned aircraft systems’ ISR capabilities
  • Advanced sensors enable Mantis