Press Releases

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Source: AeroVironment Inc.
  • United States Air Force to equip its Security Forces with Puma 3 AE systems; support existing fleet of Raven systems with spares packages
  • AeroVironment’s family of tactical UAS allows customers to use the same ground control station and software for multiple UAS for added simplicity and efficiency

ARLINGTON, Va., July 22, 2021 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today announced receipt of two firm-fixed-price orders totaling $15,940,378 from the United States Air Force. The orders, received on April 19, 2021 and May 6, 2021, encompass the procurement of Puma™ 3 AE unmanned aircraft systems (UAS) and spares packages, as well as Raven® UAS spares packages. The Puma 3 AE systems and spares were delivered on April 30, 2021. Delivery of the Raven spares is anticipated by November 2021.

“The combat-proven Puma 3 AE and Raven are versatile, rugged and reliable tactical unmanned aircraft systems designed to provide the United States Air Force Security Forces with the enhanced situational awareness and mission effectiveness they require when safeguarding bases,” said Trace Stevenson, AeroVironment vice president and product line general manager for small UAS.

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Source: AeroVironment Inc.
  • First award for satellite communications-enabled beyond line of sight (BLOS) on competitive Mid-Endurance Unmanned Aircraft Systems (MEUAS) IV program
  • AeroVironment receives task order to provide ISR services at additional customer location
  • AeroVironment JUMP 20 is a vertical takeoff and landing (VTOL), fixed-wing unmanned aircraft that AeroVironment uses to provide advanced multi-sensor intelligence, surveillance, and reconnaissance (ISR) services

ARLINGTON, Va., July 13, 2021 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today announced it was awarded a competitive task order valued at approximately $22 million on May 21, 2021 from the U.S. Special Operations Command (USSOCOM) for ISR services using JUMP® 20 medium unmanned aircraft systems (UAS) at an undisclosed customer location. The ISR services include the first SATCOM-enabled unmanned aircraft system for beyond line of sight operations as part of the existing Indefinite Delivery, Indefinite Quantity (IDIQ) MEUAS IV contract. The task order specifies a 12-month period of performance and multiple follow-on option years for ISR services.

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Source: AeroVironment Inc.
  • Provides a standardized user experience (UX) across multiple air vehicles, communication platforms and end-user devices for streamlined operation and deployment
  • Improves battlefield communication and collaboration by enabling users to easily share real-time information and coordinate mission-critical decisions
  • Builds upon AeroVironment’s legacy ground control system (GCS) and adapts to today’s network-centric battlefield environment

ARLINGTON, Va. July 7, 2021 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today introduced Crysalis™, the company’s next-generation ground control solution. Crysalis is an integrated hardware and software-based ground control system (GCS) that provides command and control of compatible AeroVironment unmanned aircraft systems (UAS) and their payloads, through an intuitive user experience (UX).

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Source: AeroVironment Inc.

SIMI VALLEY, Calif., June 15, 2021 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today announced the relocation of its corporate headquarters from Simi Valley, Calif. to Arlington, Va., effective June 15, 2021.

“The greater Washington D.C. area is where many of our key customers are located, and expanding our presence in the region will further our access to decision makers, influencers and talent,” said Wahid Nawabi, AeroVironment president and chief executive officer. “Our recent acquisition of Progeny Systems ISG and our new Artificial Intelligence Innovation Center expand our footprint near the Beltway and build on our momentum as we continue to grow our portfolio and global scope. We look forward to growing our Washington, D.C. presence and continuing to serve our customers with solutions that help them Proceed with Certainty.” 

AeroVironment will maintain its presence and existing operations in Simi Valley, Calif. and other existing sites across the United States and in Germany.

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Source: AeroVironment Inc.
  • Transaction combines leaders in unmanned aircraft systems (UAS) and unmanned ground vehicles (UGV) for broader, integrated mission solutions in air, near-space, ground and maritime domains
  • Acquisition expected to be accretive within two years to AeroVironment GAAP EPS, and accretive to non-GAAP EPS in fiscal year 2022
  • AeroVironment competing for multi-year United States Air Force Explosive Ordinance Disposal (EOD) robotic system program

SIMI VALLEY, Calif., May 4, 2021 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today announced it was granted clearance from the German government and completed the previously announced acquisition of Telerob Gesellschaft für Fernhantierungstechnik mbH (Telerob), in a $45.4 million (€37.5 million) cash transaction and the pay-off of approximately $9.4 million (€7.8 million) in Telerob’s debt at closing. Telerob now operates as a wholly-owned subsidiary of AeroVironment.

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Source: AeroVironment Inc.
  • Switchblade 600 features high-precision optics, more than 40 minutes of loitering endurance and an anti-armor warhead for engaging and prosecuting hardened static and moving light armored vehicles
  • Integration of Switchblade 600 into maritime platforms enables precision engagements against naval and littoral threats and greater deployment flexibility

SIMI VALLEY, Calif., April 27, 2021 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS), today announced it was awarded a cost-plus-fixed-fee contract on March 31, 2021 by the United States Special Operations Command (USSOCOM) for $26,120,810 with $7,159,036 funded upon receipt. The contract includes delivery and integration of Switchblade® 600 tactical missile systems into specialized maritime platforms, scheduled to be completed by January 2023.

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Source: AeroVironment Inc.
  • Award for contractor logistics support approved through Joint Urgent Operational Needs Statement, reflecting high priority requirement and strong user demand from the frontline
  • Funded value for contractor logistics support is $13,010,560 with a total potential contract value of $40,852,467

SIMI VALLEY, Calif., April 22, 2021 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS), today announced it received a $13,010,560 cost-plus-fixed-fee contract order on March 24, 2021 from the U.S. Army for Switchblade® 300 tactical missile systems contractor logistics support. The contract has a total potential value of $40,852,467, for which funding was authorized via a DoD-approved Joint Urgent Operational Need Statement. Logistics support services are scheduled to be delivered through March 2024.

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Source: AeroVironment Inc.

SIMI VALLEY, Calif., April 20, 2021 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS), celebrated with its colleagues at NASA/JPL when data confirming the Ingenuity Helicopter’s successful first flight on Mars arrived at approximately 3:50 a.m. PT on April 19.

“AeroVironment is proud to have played a key role in developing the Mars Ingenuity Helicopter and achieving today’s historic first powered flight on another planet,” said Wahid Nawabi, AeroVironment president and chief executive officer. “We congratulate JPL and NASA on today’s achievement and salute their leadership and vision for deploying unmanned technology to further our understanding of other worlds.”

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Source: AeroVironment Inc.
  • Combat proven Switchblade 300 with patented “wave-off” feature and recommit ability provides operators with increased lethality, reach and precision strike capabilities with low collateral effects
  • Contract option includes first approved export to an allied nation, extending Switchblade’s unique capabilities to friendly forces and promoting interoperability for joint operations

SIMI VALLEY, Calif., April 20, 2021 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS), today announced the U.S. Army has exercised an option on its Lethal Miniature Aerial Missile Systems (LMAMS) contract for additional Switchblade® 300 tactical missile systems for the Army and for export to an allied nation. The $44,961,751 contract option increases the total value of the contract to $122,523,677. Delivery will take place over a two-year period.

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Source: AeroVironment Inc.
  • Portable, rugged Puma 3 All Environment (AE) unmanned aircraft system provides immediate tactical reconnaissance capabilities for land and maritime operations
  • Four orders received encompass procurement of Puma 3 AE tactical unmanned aircraft systems and initial spares packages

SIMI VALLEY, Calif., April 6, 2021 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS), today announced its receipt of four firm-fixed-price orders totaling $11,527,074 from the NATO Support and Procurement Agency (NSPA) for Puma™ 3 AE tactical UAS and initial spares packages.  

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