Press Releases

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AeroVironment Puma Small UAS Achieves Record Flight of Over Nine Hours Using Fuel Cell Battery Hybrid System

March 06, 2008

MONROVIA, Calif., March 6, 2008 -- AeroVironment (AV) (NASDAQ:AVAV), a leader in unmanned aircraft systems (UAS) and efficient electric energy systems, today announced that it has flown its Puma small unmanned aircraft for over nine hours, powered by an onboard fuel cell battery hybrid energy storage system. This broke the previous announced Puma flight record of over seven hours. A two-camera payload system provided a live, streaming video feed from the Puma, the largest of AV's portfolio of small unmanned aircraft systems that also includes Raven and Wasp. The nine-hour flight duration more than triples the duration of Puma's standard battery-only operation. View More

AeroVironment Awarded $45.8 Million Contract Option for Raven Small Unmanned Aircraft Systems and Support Services

February 07, 2008

MONROVIA, Calif., Feb. 7, 2008 -- AeroVironment, Inc. (AV) (NASDAQ: AVAV), a leader in unmanned aircraft systems and efficient electric energy systems, today announced that the U.S. Army has ordered additional RQ-11B (Raven) small unmanned aircraft systems (UAS) and associated services by the exercise of an option under an existing contract. Each Raven system typically consists of three aircraft, a ground control station, system spares, and related services. The total award value is $45.8 million and is fully funded. View More

USAF Approves BATMAV System with AeroVironment’s Wasp III Micro Air Vehicle for Full Rate Production

January 03, 2008

MONROVIA, Calif., Jan. 3, 2008 - AeroVironment, Inc. (AV) (NASDAQ: AVAV), a leader in unmanned aircraft systems and efficient electric energy systems, today announced that the United States Air Force BATMAV (Battlefield Air Targeting Micro Air Vehicle) program has received Milestone C approval and authorization for Full Rate Production. The BATMAV program achieved these two significant milestones under the rigors of the United States Department of Defense 5000 Acquisition process in just over 11 months from contract award. The Air Force selected AV's Wasp III as the micro air vehicle (MAV) for its BATMAV Program in December 2006. View More

United States Marine Corps Awards AeroVironment $19.3 Million BATMAV Contract for Wasp III Micro Unmanned Aircraft Systems (UAS)

November 20, 2007

MONROVIA, Calif., Nov. 20, 2007 -- AeroVironment, Inc. (AV) (NASDAQ: AVAV), a leader in unmanned aircraft systems and efficient electric energy systems, today announced that the U.S. Marine Corps has ordered $19.3 million in BATMAV (Battlefield Air Targeting Micro Air Vehicle) systems, each consisting of two Wasp III micro air vehicles, AV's Advanced Battery Charger, spares and support services. The order followed a successful Marine Corps evaluation of Wasp systems provided by the Defense Advanced Research Projects Agency, or DARPA. View More

Small Unmanned Air Vehicle Achieves Record Flight Time Using Hybrid Fuel Cell/Battery Energy Storage System

October 31, 2007

AFRL engineers, in conjunction with Small Business Innovation Research partners AeroVironment (AV), Protonex Technology (PTX) Corporation, and Millennium Cell (MCEL), successfully flight-demonstrated Puma, AV's hand-launched small unmanned air vehicle (SUAV) that gets its power from a hybrid fuel cell/battery energy storage system. Puma flew for 7+ continuous hours on power supplied by PTX Corporation's PTX.L fuel cell system. The hybridized proton exchange membrane fuel cell employs a lithium ion battery to provide peak power during takeoff and dash maneuvers; the fuel cell recharges the battery and provides continuous steady-state power for the plane and payload during cruise flight. MCEL provided a fuel cartridge of sodium borohydride (chemical hydride), which provided the fuel necessary for the fuel cell system's 7-hour, 3-minute flight. View More

AeroVironment Awarded Contract for Development of Global Observer Stratospheric Unmanned Aircraft System

September 26, 2007

MONROVIA, Calif., Sept. 26, 2007 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV), a leader in unmanned aircraft systems and efficient electric energy systems, today announced that it has received a contract from the United States Special Operations Command (USSOCOM) for the development and military utility assessment of its Global Observer unmanned aircraft system (UAS). This contract initiates a Joint Capabilities Technology Demonstration, or JCTD. The JCTD is sponsored by multiple U.S. government organizations. The contract calls for the development of up to three Global Observer aircraft over the next three years to demonstrate the ability to operate in the stratosphere for up to 7 days without landing. The basic contract, which will be funded under a cost-plus fixed-fee arrangement, provides for the development and delivery of the initial Global Observer aircraft, and is valued at approximately $57 million. The contract also includes options for the development and delivery of up to two additional Global Observer aircraft, resulting in a potential contract value of $108 million. View More

Danish Army Chooses AeroVironment's Raven Small Unmanned Aircraft System

September 11, 2007

MONROVIA, Calif., Sept. 11, 2007 -- AeroVironment, Inc. (AV) (NASDAQ: AVAV), a leader in unmanned aircraft systems and efficient electric energy systems, today announced that it has received an order to supply the Danish Army Operational Command with RQ 11 B, Raven B small Unmanned Aircraft Systems (UAS). The order includes 12 systems, logistics support and training services, for a total value of $2.4 million. Each Raven B system typically consists of three aircraft, a hand-held ground control station, a remote viewing terminal, systems spares, and related services. View More

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

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

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

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