News & Articles

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Source: AeroVironment Inc.

Dr. Paul MacCready, Founder and Former Chairman of AeroVironment, Dies at 81

August 29, 2007
MONROVIA, Calif., August 29, 2007 - Dr. Paul MacCready, internationally renowned innovator and entrepreneur, founder and former chairman of the board of directors of AeroVironment, Inc., passed away in his sleep on Tuesday, August 28. Dr. MacCready had recently been diagnosed with a serious ailment. His passing occurred less than one week after the 30th anniversary of one of his most notable accomplishments, the record-setting flight of his human powered airplane, the Gossamer Condor.   -> View More
Source: AeroVironment Inc.

Tim Conver Elected As New Chairman of AeroVironment; Dr. Paul MacCready Retires as Chairman and Director

August 20, 2007
MONROVIA, Calif., Aug. 20, 2007 -- The Board of Directors of AeroVironment, Inc. (AV) (NASDAQ: AVAV), a leader in unmanned aircraft systems and efficient electric energy systems, today announced that it has unanimously elected Tim Conver as its new chairman of the board. After joining AV's Board of Directors in the late 1980's Conver became its president in 1991 and assumed the additional role of chief executive officer shortly thereafter. Conver now assumes the role previously held by Dr. Paul MacCready, who has retired as chairman and director as a result of a recently diagnosed, serious health issue. Mr. Conver's appointment is effective immediately.   -> View More
Source: AeroVironment Inc.

John Kim, Former Ryder Transportation and Logistics Sales Executive, Appointed National Sales Director, PosiCharge®

August 17, 2007
MONROVIA, Calif.--(BUSINESS WIRE)--Aug. 17, 2007--AeroVironment, Inc. (AV) (NASDAQ: AVAV), a leader in unmanned aircraft systems and efficient electric energy systems, today announced that John Kim, former Ryder Transportation and Logistics Director of National Sales, has joined its PosiCharge Systems management team as Director of Sales.   -> View More
Source: AeroVironment Inc.

U.S. Air Force Takes Delivery of BATMAV Micro Unmanned Aircraft Systems from AeroVironment

August 06, 2007
WASHINGTON, At AUVSI North America, Aug. 6, 2007 - AeroVironment, Inc. (AV) (NASDAQ: AVAV), a leader in unmanned aircraft systems and efficient electric energy systems, today announced that the U.S. Air Force has recently taken delivery of its initial BATMAV micro unmanned aircraft systems (UAS), which include the Wasp III air vehicle, as planned under the Air Force Beyond Line of Site (BLOS) program. AV received the BATMAV, or Battlefield Air Tactical Micro Air Vehicle, award in December 2006 after competing against a number of candidate systems. AV recently received orders for 30 systems through the program's indefinite delivery/indefinite quantity (IDIQ) contract which provides for purchases of up to $45 million over a period of five years.   -> View More
Source: AeroVironment Inc.

Rear Admiral Daniel H. Stone Joins AeroVironment as Vice President of Its Unmanned Aircraft Systems Logistics Operation

July 25, 2007
MONROVIA, CA., July 25, 2007 -- AeroVironment, Inc. (AV) (NASDAQ: AVAV), a leader in unmanned aircraft systems and efficient energy systems, today announced that U.S. Navy Rear Admiral, Daniel H. Stone, has joined the company as vice president of its Unmanned Aircraft Systems (UAS) logisitics operation. AV's logistics operation supports all of the company's globally deployed small UAS, including Raven, Dragon Eye, Wasp and Puma.   -> View More
Source: AeroVironment Inc.

AeroVironment Achieves Electric Vehicle Fast Charge Milestone

May 30, 2007
MONROVIA, Calif.--(BUSINESS WIRE)--May 30, 2007--AeroVironment (AV) (NASDAQ:AVAV), a leader in unmanned aircraft systems and efficient electric energy systems, today announced that it performed a fast charge demonstration of a lithium chemistry electric vehicle battery pack for representatives of the California Air Resources Board (CARB). The 35kWh (kilowatt-hour) battery pack, developed by Altair Nanotechnologies (NASDAQ:ALTI), is designed for use in the Phoenix Motorcar Sport Utility Truck. This battery pack is designed to allow the truck to travel more than 100 miles on a single charge. The test, conducted by engineers at AV's Monrovia, California Energy Technology Center, was a milestone in battery fast charging, demonstrating the capability of fully charging the pack in less than ten minutes.   -> View More
Source: AeroVironment Inc.

PosiCharge® Wins Automotive News PACE Award for Superior Innovation and Collaborator Award for Work with Ford Motor Company

April 05, 2006
DETROIT & MONROVIA, Calif.--April 5, 2006--PosiCharge®, an AeroVironment, Inc. business (www.avinc.com), has won two awards at the 2006 Automotive News PACE Awards. The 12th Annual PACE (Premier Automotive Suppliers' Contribution to Excellence) Awards held in Detroit, Mich. April 3 honored innovators in the automotive supply chain.

  -> View More
Source: AeroVironment Inc.

PosiCharge® Named Sole Supplier for Multi-Facility Fast Charge Deployment at Del Monte Foods

March 31, 2005
MONROVIA, Calif., March 31 2005: PosiCharge®, the industrial fast charger division of AeroVironment, today announced that Del Monte Foods has chosen the company as the sole supplier for its multi-facility fast charge deployment to convert internal combustion forklifts to electric at selected facilities. The multi-year conversion program will eliminate battery changing rooms at applicable facilities as well as improve productivity and reduce operating costs.   -> View More
Source: AeroVironment Inc.

PosiCharge® Technology Saves Time and Money at Ford (Courtesy of Ford Motor Company)

March 29, 2005
DEARBORN, March 29, 2005 (FCN) -- Better air quality in the plants and less noise are just two of the benefits employees will realize as North American plants switch from combustion engine forklifts and tow motors to all electrically powered vehicles. Other advantages of the change include space savings in the plants and an estimated $5 million savings to the company's bottom line each year said Roger Tenney, manager, Industrial Vehicle Strategy and Engineering.   -> View More
Source: AeroVironment Inc.

Ford Motor Company Selects PosiCharge® as Supplier for Company-Wide Fast Charge Rollout

January 10, 2005
CHICAGO , At ProMat 2005, Jan. 10, 2005 - PosiCharge®, the industrial fast charger division of AeroVironment, today announced that Ford Motor Company has selected the company for its system-wide deployment of fast charge technology throughout its manufacturing operations. In the first phase, PosiCharge will facilitate the seamless replacement of all of Ford's internal combustion material handling vehicles with electric vehicles. As the rollout continues, PosiCharge will help Ford Motor Company to discontinue reliance on battery rooms.   -> View More
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