News & Articles

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Source: AeroVironment Inc.

AeroVironment Receives FAA Section 333 Exemption For UAS Operations In The United States”

April 09, 2015

Under the new policy, the FAA will grant a certificate of waiver or authorization for all flights at or below 200 feet to any UAS operator that has already received a Section 333 exemption. The COA allows the exempt UAS operator to fly anywhere in the U.S. without the need to acquire a COA for every flight—a major change from the previous approach.

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Source: AeroVironment Inc.

CNBC: Jobs For Drones Are Set To Take Off

February 06, 2015

AeroVironment has been working for some of these firms, sending its drones over the North Slope of Alaska to gather data for major oil companies that drill there. A few police forces have been testing drones and CNN has been approved to use them for news gathering. Gitlin said drones are expected to be used extensively in the field of precision agriculture, with farmers using them for the targeted spraying of pesticides.

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Source: AeroVironment Inc.

AeroVironment Appoints Teresa Covington as Interim Chief Financial Officer

February 05, 2015
Jikun Kim Leaving Company to Pursue Other Opportunities

MONROVIA, Calif., February 5, 2015 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) today announced the appointment of Teresa Covington as interim chief financial officer, effective immediately, until a permanent replacement has been selected and appointed. Covington succeeds Jikun Kim, who has resigned as senior vice president and chief financial officer.   -> View More

Source: AeroVironment Inc.

AeroVironment’s New TurboDock Workplace and Commercial EV Charging Station Puts Control in the Palm of Drivers’ Hands with Smartphone App

January 15, 2015
• Gives drivers ability to access charging stations through their smartphone
• Easy to use, convenient, cost-effective and secure
• Packed with features specially designed to solve commercial and workplace EV charging challenges, including recharging EVs on a typical commute in less than four hours at Level 2 (16 Amps/240 Volts)
• Configurable, modular design offers maximum flexibility

MONROVIA, Calif., Jan. 15, 2015 – AeroVironment, Inc. (NASDAQ:AVAV), a leader in electric vehicle (EV) charging and the preferred home charging solution supplier for five global automakers, today introduced TurboDock™ – a next-generation EV charging station for commercial and workplace settings that is controlled through a smartphone app. Out of the box, TurboDock charges at Level 1 (16 Amps/120 Volts), or at Level 2 (16 Amps/240 Volts), which will recharge EVs on a typical commute in less than four hours, making TurboDock ideal for commercial and workplace environments.   -> View More

Source: AeroVironment Inc.

AeroVironment Receives $4.3 Million Award and $7.1 Million Option for Switchblade Tactical Missile System Support Services

December 04, 2014
• Award increased funded contract value to $63.8 million
• Switchblade systems continue to protect American forces

MONROVIA, Calif., Dec. 4, 2014 – AeroVironment, Inc. (NASDAQ:AVAV) today announced the receipt of a $4.3 million cost plus fixed fee award and $7.1 million option on September 25, 2014 for Switchblade® tactical missile system support services from the United States Army Close Combat Weapons Systems office. The award increased the funded value of an existing contract for Switchblade tactical missile systems to $63.8 million. In addition, options totaling $38.3M increased the total contract ceiling to $102.1 million.   -> View More

Source: AeroVironment Inc.

An Inside Look at Drones

November 17, 2014

Unmanned aerial vehicles, commonly known as drones, are controversial surveillance tools that can lead to talk of government spying. But experts at a half-day symposium at Cal State Channel Islands in Camarillo last week said drones are also used to save law enforcement lives and to provide environmental and agricultural benefits.

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Source: AeroVironment Inc.

Drones Provide BP with Eyes in the Skies

November 14, 2014

The use of unmanned aerial vehicles (or drones) is on the rise, with the military to Hollywood finding practical applications. BP, too, was an early adopter. Now, with Federal Aviation Administration approval for the first commercial operation in the US, this technology looks set to change the way BP carries out some of its most challenging tasks.

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Source: AeroVironment Inc.

AeroVironment, Inc. Schedules Second Quarter Fiscal 2015 Earnings Release and Conference Call

November 11, 2014
MONROVIA, Calif., Nov. 11, 2014 – AeroVironment, Inc. (NASDAQ: AVAV) today announced it will issue financial results for the Company's second quarter ended November 1, 2014, after the market closes on November 25, 2014. Management will host a conference call and live audio webcast to discuss the results at 1:30 p.m. Pacific Time that day.   -> View More

Source: AeroVironment Inc.

Next-Gen Battery Pack Testing: AeroVironment Launches the AV-900 EX

November 04, 2014
In the late 1980s, General Motors contracted with the California-based firm AeroVironment to develop the Impact electric concept car. It was the prototype that evolved into the infamous EV1 production car.

While designing the Impact, AeroVironment needed the ability to test large-format battery packs for automotive applications. However, at that time, essentially no one else in the world was developing EVs, and the tools to efficiently build and test battery packs didn’t exist.   -> View More

Source: AeroVironment Inc.

DARPA Awards AeroVironment Phase II Tern Contract to Develop New Class of Maritime Unmanned Aircraft

October 08, 2014
• Tern intended as next-generation, mid-altitude, long-endurance unmanned aircraft system (UAS)
• AeroVironment-led team of industry experts incorporating advanced technologies to develop new UAS for agile maritime operations
• Contract valued at $19 million

MONROVIA, Calif. Oct. 8, 2014 – AeroVironment, Inc. (NASDAQ:AVAV) announced the Defense Advanced Research Projects Agency (DARPA) has selected the company and its team of industry leaders to follow its successful phase I concept design effort with a phase II preliminary design for the Tactically Exploited Reconnaissance Node, or Tern. The 12-month, $19,035,007 phase II effort seeks to conclude with subscale flight demonstrations prior to a planned phase III award decision.   -> View More

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