Press Releases

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Source: AeroVironment Inc. CITY OF INDUSTRY, Calif., Feb. 17, 2009 - AeroVironment, Inc. (AV) (NASDAQ: AVAV) announced that WhiteWave Foods Company today unveiled its updated, environmentally friendly distribution center that now features increased productivity and reduced energy solutions from AV's alliance with Toyota Material Handling, U.S.A. (TMHU). AV and TMHU formed the alliance last year to offer a wide range of PosiCharge product solutions to reduce energy consumption and operating costs for their material handling customers.   -> View More

Source: AeroVironment Inc. MONROVIA, Calif., Feb. 9, 2009 - AeroVironment, Inc. (AV) (NASDAQ: AVAV) has received an order from the U.S. Army valued at $16,758,776 for the production of 50 new Raven® (RQ-11B) unmanned aircraft systems (UAS) equipped with AV's Digital Data Link (DDL). Announced by the U.S. Army on January 22, 2009, this production order was issued under an existing contract and includes initial spares packages and DDL retrofit kits for 206 existing Raven® systems. The introduction of AV's DDL follows several years of internally funded research and development in addition to a $7.6 million contract awarded in October 2008 for the completion of R&D activities.   -> View More

Source: AeroVironment Inc. MONROVIA, Calif., Feb. 4, 2009 - AeroVironment, Inc. (AV) (NASDAQ: AVAV) today announced that the U.S. Army has ordered additional RQ-11B Raven® small unmanned aircraft systems (UAS) and associated services for its fiscal year 2009 requirements by the exercise of an option under an existing contract. Each Raven® system typically consists of three aircraft, two ground control stations, and spares. The aggregate order value is $41.7 million and is fully funded.   -> View More

Source: AeroVironment Inc. CHICAGO, At ProMat, Jan. 12, 2009 - AeroVironment, Inc. (AV) (NASDAQ:AVAV) today announced that it has installed more than 200 of its PosiCharge fast charge systems at Nestle facilities throughout North America. These fast charge systems support electric material handling fleets in more than 14 Nestle facilities.   -> View More

Source: AeroVironment Inc. CHICAGO, at ProMat, Jan. 12, 2009 - AeroVironment, Inc. (AV) (NASDAQ: AVAV), the leading supplier of industrial fast charge systems in North America, today unveiled a series of new PosiCharge® fast charge systems, accessories and opportunity charge systems for industrial electric vehicles, including the LP Meter, a data collection device that eases the conversion of propane trucks to electric power.   -> View More

Source: AeroVironment Inc. MONROVIA, Calif., Dec. 18, 2008 - AeroVironment, Inc. (AV) (NASDAQ: AVAV) today announced that Balqon Corporation (OTC:BLQN), a developer of heavy duty electric trucks, tractors and electric drive systems, has purchased a new high voltage version of AV's PosiCharge fast charge systems as part of a program to replace internal combustion yard tractors with electric propulsion vehicles at the Port of Los Angeles.   -> View More

Source: AeroVironment Inc. MONROVIA, Calif., Dec. 15, 2008 - AeroVironment, Inc. (AV) (NASDAQ: AVAV) today announced that the General Directorate for Aircraft Weapon Systems (MoD - Italy) has issued a Military Aircraft Type-Classification Certificate for the Raven B unmanned aircraft system, the first such certificate issued in Italy in the Micro-Unmanned Aerial Vehicle category. This certificate permits Italian military personnel to fly Raven in Italy's national airspace.   -> View More

Source: AeroVironment Inc. IRVINE, Calif. - (September 16, 2008) - Toyota Material Handling, U.S.A., Inc. (TMHU), the number one lift truck supplier in the United States, and AeroVironment, Inc. (AV), the number one battery fast charge system manufacturer, have established an alliance to market AV's PosiCharge fast charge systems. PosiCharge systems are now available through 68 authorized Toyota Industrial Equipment dealers with 190 locations throughout the United States.   -> View More

Source: AeroVironment Inc. MONROVIA, Calif., August 20, 2008 -- AeroVironment, Inc. (AV) (NASDAQ: AVAV) announces the receipt of $4.6 million in funding from the Defense Advanced Research Projects Agency (DARPA) to develop a small Unmanned Aircraft System (UAS) capable of performing "hover/perch and stare" missions. The Stealthy, Persistent, Perch and Stare (SP2S) UAS is based on AV's small Wasp UAS, a one-pound, 29-inch wingspan battery-powered air vehicle that is being procured and deployed by both the U.S. Air Force and the U.S. Marine Corps.   -> View More

Source: AeroVironment Inc. MONROVIA, Calif., July 2, 2008 - AeroVironment, Inc. (AV) (NASDAQ; AVAV) today announced the U.S. Special Operations Command (USSOCOM) has selected Puma AE as its All Environment Capable Variant (AECV) solution to the Small Unmanned Aircraft System (UAS) requirement. The one-year Indefinite Delivery Indefinite Quantity (IDIQ) contract, with four one-year options, has a maximum value of $200,000,000, and provides for the purchase of aircraft, ground control systems, spares, repairs and training under a combination firm fixed-price, cost-plus-fixed-fee and cost reimbursable arrangement. The initial delivery order is valued at $6 million and is fully funded.   -> View More

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