News & Articles

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Source: AeroVironment Inc.

AeroVironment Seeks To Grow Switchblade Missile Business

May 08, 2015

The manufacturer that has supplied most of the small unmanned aircraft systems (UAS) the U.S. military uses also has a tactical missile systems business. AeroVironment’s Switchblade is an expendable, “backpackable” UAS with an explosive warhead that can be flown into targets. It can be configured for other missions and scaled to larger sizes, attributes AeroVironment hopes to exploit to build the business

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Source: AeroVironment Inc.

AeroVironment, Inc. Announces Senior Leadership Changes to Drive Operational Excellence and Long-Term Growth

April 30, 2015
• Wahid Nawabi promoted to chief operating officer
• Roy Minson to lead strategy for commercial UAS market entry
• Kirk Flittie and Kenneth Karklin promoted to general manager of Unmanned Aircraft Systems and Efficient Energy Systems business segments, respectively

MONROVIA, Calif., April 30, 2015 – AeroVironment, Inc. (NASDAQ: AVAV) today announced the appointment of Senior Vice President Wahid Nawabi as the company’s chief operating officer, effective immediately. Nawabi served as general manager of the company’s Efficient Energy Systems (EES) business segment since 2011 and also led the company’s integrated engineering and operations functional organizations for the past year. Nawabi will continue to report to the company’s chairman and chief executive officer, Tim Conver. The general managers of the company’s Unmanned Aircraft Systems (UAS) and EES business segments now report to Nawabi.   -> View More

Source: AeroVironment Inc.

Marines Launch Switchblade from V-22 Osprey

April 17, 2015

Picture this: U.S. Marines are in the middle of a helicopter raid and about to land infantrymen on the ground. However, they’re taking gunfire from an armed insurgent shooting from a well-covered position, and there’s no easy way to get him. Flying a kamikaze drone armed with explosives from the back of an MV-22 Osprey aircraft, and directing it right into the insurgent’s fighting hole.

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Source: AeroVironment Inc.

U.S. Navy Testing Switchblade From Submarines

April 13, 2015

The Navy will deploy its first underwater drones from Virginia-class attack submarines for the first time in history later this year, the Navy's director of undersea warfare said Monday.

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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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