Press Releases

• Final contract option exercised under the sole source Flight Control Systems (FCS) domain of the Army’s multi-year small unmanned aircraft systems contract
• Total final value of contract is $54,632,776
• U.S. Army possesses largest fleet of Raven tactical unmanned aircraft systems in the world

ARLINGTON, Va., Oct. 6, 2021 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today announced the United States Army exercised the third and final option under the Flight Control Systems (FCS) domain of the Army’s multi-year small unmanned aircraft systems (UAS) contract on Sept. 9, 2021. The value of the contract option is $11,731,740 and includes flight control system kits, ground control stations and tail booms for the Army’s existing fleet of Raven^® tactical UAS. Delivery is scheduled to be completed by September 2022.

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• Order includes tEODor EVO and telemax EVO HYBRID unmanned ground vehicles for Latvian National Armed Forces
• Telerob’s advanced unmanned ground robotic solutions safely and effectively perform a variety of dangerous missions using specialized precision manipulators with autonomous functionality and intuitive user operation

ARLINGTON, Va., Sept. 28, 2021 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today announced that its wholly owned subsidiary, Telerob Gesellschaft für Fernhantierungstechnik mbH (Telerob), received a multi-million dollar firm-fixed-price order from the Latvian Ministry of Defense (MoD). The order, received on July 8, 2021, encompasses the procurement of telemax™ EVO HYBRID and tEODor™ EVO unmanned ground vehicles (UGVs) and engineering support to the Latvian National Armed Forces. Delivery is scheduled to be completed in late 2021.

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• United States Pentagon Force Protection Agency receives Telerob, an AeroVironment Company, telemax EVO HYBRID unmanned ground vehicle system order, supported by training, spares and accessories packages
• Telerob’s advanced unmanned ground vehicle solutions safely and effectively perform a variety of dangerous missions, including explosive ordnance disposal, hazardous materials handling and chemical, biological, radiological and nuclear threat assessment 

ARLINGTON, Va., Sept. 15, 2021 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today announced that its wholly owned subsidiary, Telerob, successfully delivered the United States Pentagon Force Protection Agency’s (PFPA) telemax™ EVO HYBRID unmanned ground vehicle (UGV) order in July 2021. Designed to be operated by PFPA explosive ordnance disposal (EOD) and hazardous materials handling (HAZMAT) technicians, the UGV was purchased for deployment by its Hazardous Devices Branch.

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• Enables third-party payload manufacturers, as well as U.S. DoD and international partners, to develop and integrate payloads onto RQ-20B Puma
• Utilizes the Modular Payload Standard initiated by USSOCOM to create a modular architectural standard for payloads on unmanned aircraft systems Groups 1 through 3

ARLINGTON, Va., Aug. 4, 2021 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today announced the introduction of its standardized modular payload interface kits for RQ-20B Puma™ tactical unmanned aircraft systems (UAS).

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• 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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• 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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• 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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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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• 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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• 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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