HAPSMobile will develop High Altitude Platform in New Mexico

June 11, 2020

SPACEPORT AMERICA, N.M. - HAPSMobile Inc., a subsidiary of Japan’s telecommunications operator SoftBank Corp. (TOKYO: 9434) has chosen New Mexico’s Spaceport America for test operations and development of a specialized communications platform designed to provide internet connectivity to hard-to-reach places around the globe, Economic Development Cabinet Secretary Alicia J. Keyes announced today.

The company, along with its minority owner and aircraft development partner AeroVironment, Inc. (NASDAQ: AVAV), is working on development of the unmannedsolar-powered High Altitude Platform Station. The stratospheric telecommunicationsplatform, a so-called cell-tower in the sky, is designed to provide better communications tounder-served areas, including rural communities.

View More
About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides technology solutions at the intersection of robotics, sensors, software analytics and connectivity that deliver more actionable intelligence so you can proceed with certainty. Celebrating 50 years of innovation, 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)