Press Releases

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Source: AeroVironment Inc.

CARLSBAD, Calif. and SIMI VALLEY, Calif., Oct. 15, 2020 -- Viasat Inc. (NASDAQ: VSAT), a global communications company, and AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS), today announced they will collaborate on a contract awarded under the U.S. Army Reconfigurable Communications for Small Unmanned Systems (RCSUS) initiative. The project will provide U.S. military customers flying small UAS platforms the ability to deploy a robust, on-demand, highly-secure communications network that will address the growing electronic warfare capabilities of peer and near-peer adversaries.

Viasat is the prime contractor on the award and will work with AeroVironment to develop and demonstrate advanced, encrypted communications suitable for AeroVironment’s portable, hand-launched Puma AE™ tactical UAS. The two companies will seek to strengthen the communications and transmission security of AeroVironment’s Digital Data Link™ (DDL) radios currently used by the U.S. Army by converting them into a Type 1 crypto communication system for video and data transmission. 

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Source: AeroVironment Inc.
  • Puma 3 All Environment (AE) unmanned aircraft system delivers immediate tactical intelligence, surveillance and reconnaissance (ISR) in maritime and land operations
  • Customer is among the 50 allied government forces relying on AeroVironment’s innovative family of tactical unmanned aircraft systems (UAS); Foreign Military Sales (FMS) program promotes interoperability among U.S. and allied forces for joint operations
  • Long-Range Tracking Antenna (LRTA) enables 60 kilometer range, and is now available in both M1/2/5 and M3/4/6 Digital Data Link (DDL) military operating bands

SIMI VALLEY, Calif., Oct. 13, 2020 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS), today announced it secured a $8,371,332 firm-fixed-price U.S. Department of Defense FMS contract award on September 25, 2020 for Puma™ 3 AE tactical UAS, training and support to an allied nation. Delivery is anticipated by March 2021.

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Source: AeroVironment Inc.
  • Sunglider reaches stratospheric altitude in 20-hour test flight
  • Successfully demonstrates broadband mobile communication on consumer smartphones, linking teams in Tokyo, New Mexico and Silicon Valley

SIMI VALLEY, Calif., Oct. 7, 2020 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS), today announcedthe Sunglider™ solar-powered high-altitude pseudo-satellite (HAPS) achieved key test milestones, including reaching an altitude of more than 60,000 feet above sea level and successfully demonstrating mobile broadband communication. Sunglider’s development and testing is funded by HAPSMobile Inc., a joint venture majority-owned by SoftBank Corp. (TOKYO: 9434) and minority-owned by AeroVironment.

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Source: AeroVironment Inc.
  • Switchblade 600 builds on battle-proven Switchblade 300, with patented “wave-off” feature and ability to recommit, with increased range, extended endurance and multi-purpose anti-armor munition for use against larger, hardened targets
  • Lightweight, self-contained Switchblade 600 launch tube system allows for deployment flexibility from fixed and mobile platforms on land, in air or at sea
  • Switchblade 600 with advanced EO/IR gimbaled sensor suite, precision flight control and more than 40 minutes of endurance delivers immediate reconnaissance, surveillance, and target acquisition
  • New tablet-based Fire Control System allows operators to easily train, plan missions and execute flight operations

SIMI VALLEY, Calif., Oct. 1, 2020 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS), today announced the introduction of its family of loitering missile systems, featuring the new Switchblade 600. Switchblade 600 builds on the battle-proven track record of Switchblade 300 to define a new category of extended range loitering missiles. The U.S. Army recently awarded AeroVironment a $76 million contract award for Switchblade 300 system procurement and support as part of the Lethal Miniature Aerial Missile System (LMAMS) program. Based on the same tube-launched, collapsible wing, electric propulsion architecture as Switchblade 300, the new, larger Switchblade 600 offers expanded capabilities for engaging larger, hardened targets at greater distances.

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Source: AeroVironment Inc.

SIMI VALLEY, Calif. and CHICAGO, Sept. 29, 2020 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS), today announced a teaming agreement with Robotic Skies, a global maintenance, repair, and overhaul network for UAS, to provide field maintenance, inspection and repair support for AeroVironment customers.

Robotic Skies, through teaming agreements with companies such as AeroVironment, provides UAS fleet operators with local, aviation-grade maintenance services. The company offers a unique combination of expertise in unmanned aircraft systems and traditional aviation maintenance methodology to deliver high-quality, scalable services through its repair network.

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Source: AeroVironment Inc.
  • New Puma Smart 2500 Battery extends Puma LE’s flight time by nearly 20 percent with up to 6.5 hours of endurance, delivering longer time on station, greater range, and maximizing its multi-mission capabilities
  • Now compatible with Puma 2 AE, Puma 3 AE and Puma LE, the Puma Bungee Launch System (BLS) expands aircraft launch options and operational capabilities 

SIMI VALLEY, Calif., Aug. 11, 2020 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS), today announced the launch of two new Puma product line enhancement options that reinforce the company’s commitment to continuous improvement and expanding the operational capabilities of its family of tactical UAS. The newly announced product enhancement options are a result of AeroVironment’s collaboration with front-line users to develop innovative solutions that enable customers to proceed with certainty in ever-changing operational environments.

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Source: AeroVironment Inc.

SIMI VALLEY, Calif., July 27, 2020 – In the 1970s, AeroVironment (NASDAQ: AVAV) founder Dr. Paul B. MacCready, Jr. became the first to design and build an aircraft that successfully achieved controlled human-powered flight, giving birth to the company’s reputation of achieving the impossible in aerospace engineering. Now, as the company begins its 50th year in business, it’s preparing to break yet another barrier by enabling a first-of-its-kind mission on Mars.

AeroVironment began operations in 1971 as a small engineering firm focused on applying aerodynamic principles to solve important challenges facing the world. Since its founding, AeroVironment and its innovators have done just that.

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Source: AeroVironment Inc.
  • Contract option for Army Small Unmanned Aircraft Systems (SUAS) Flight Control Systems (FCS) domain includes avionics and data link upgrades to modify radio frequency
  • Raven tactical unmanned aircraft system is designed for rapid deployment, delivering real-time tactical situational awareness to warfighters

SIMI VALLEY, Calif., July 8, 2020 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in Unmanned Aircraft Systems (UAS), today announced the United States Army exercised the first of three options under the sole source Flight Control Systems (FCS) domain of the Army’s multi-year small UAS contract on April 28, 2020. The value of the initial contract option is $21,058,643 and includes avionics and data link upgrade packages to modify radio frequencies employed by the Army’s existing fleet of Raven® tactical UAS, the largest fleet of Raven systems in the world. Delivery will take place over a two-year period.

The Army exercised the option under the FCS domain awarded to AeroVironment by the Army in June 2019. FCS is one of six domains comprising the Army’s existing five-year Indefinite Delivery, Indefinite Quantity (IDIQ) SUAS contract, and has a potential value of up to $55 million.

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Source: AeroVironment Inc.
  • Three-year base contract includes option for an additional two years of logistical support, spares and repair services for existing fleet of Raven, Wasp and Puma tactical unmanned aircraft systems
  • 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
  • AeroVironment UAS enabling interoperability across several NATO forces

SIMI VALLEY, Calif., June 10, 2020 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS), today announced its receipt of two firm-fixed-price orders totaling $9,804,448 from the NATO Support and Procurement Agency (NSPA). The orders, received on March 5, 2020 and April 16, 2020, encompass the procurement of Raven® and Puma™3 AE tactical UAS and spares. Delivery for the first order is anticipated by August 2020 and the second order by October 2020.

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Source: AeroVironment Inc.

SIMI VALLEY, Calif.– AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS), today announced that Wahid Nawabi, president and chief executive officer, Kevin McDonnell, senior vice president and chief financial officer, and Steven Gitlin, chief marketing officer and vice president of investor relations, will participate in a virtual fireside chat at the William Blair Growth Stock Conference on Tuesday, June 9, 2020 at 7:20 a.m. PT / 10:20 a.m. ET.

A live audio webcast of the fireside chat will be available in the Events and Presentations section of the AeroVironment website at https://investor.avinc.com/events-and-presentations. A replay of the webcast will be available for 90 days.

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