Press Releases
• First plug-in hybrid to include 240-volt Level 2 charging as part of standard package• TurboCord makes charging convenient and easy
MONROVIA, Calif., May 19, 2015 – AeroVironment, Inc. (NASDAQ:AVAV) today announced the portable TurboCord™ Dual (120V/240V) charger will come standard with the 2016 Volvo XC90 T8 Twin Engine, which will debut later this year. The Volvo XC90 T8 Twin Engine is the world’s first seven passenger plug-in hybrid electric vehicle (PHEV). -> View More
AeroVironment, Inc. Announces Senior Leadership Changes to Drive Operational Excellence and Long-Term Growth
April 30, 2015
• Roy Minson to lead strategy for commercial UAS market entry
• Kirk Flittie and Kenneth Karklin promoted to general manager of Unmanned Aircraft Systems and Efficient Energy Systems business segments, respectively
MONROVIA, Calif., April 30, 2015 – AeroVironment, Inc. (NASDAQ: AVAV) today announced the appointment of Senior Vice President Wahid Nawabi as the company’s chief operating officer, effective immediately. Nawabi served as general manager of the company’s Efficient Energy Systems (EES) business segment since 2011 and also led the company’s integrated engineering and operations functional organizations for the past year. Nawabi will continue to report to the company’s chairman and chief executive officer, Tim Conver. The general managers of the company’s Unmanned Aircraft Systems (UAS) and EES business segments now report to Nawabi. -> View More
Jikun Kim Leaving Company to Pursue Other OpportunitiesMONROVIA, Calif., February 5, 2015 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) today announced the appointment of Teresa Covington as interim chief financial officer, effective immediately, until a permanent replacement has been selected and appointed. Covington succeeds Jikun Kim, who has resigned as senior vice president and chief financial officer. -> View More
AeroVironment’s New TurboDock Workplace and Commercial EV Charging Station Puts Control in the Palm of Drivers’ Hands with Smartphone App
January 15, 2015
• Easy to use, convenient, cost-effective and secure
• Packed with features specially designed to solve commercial and workplace EV charging challenges, including recharging EVs on a typical commute in less than four hours at Level 2 (16 Amps/240 Volts)
• Configurable, modular design offers maximum flexibility
MONROVIA, Calif., Jan. 15, 2015 – AeroVironment, Inc. (NASDAQ:AVAV), a leader in electric vehicle (EV) charging and the preferred home charging solution supplier for five global automakers, today introduced TurboDock™ – a next-generation EV charging station for commercial and workplace settings that is controlled through a smartphone app. Out of the box, TurboDock charges at Level 1 (16 Amps/120 Volts), or at Level 2 (16 Amps/240 Volts), which will recharge EVs on a typical commute in less than four hours, making TurboDock ideal for commercial and workplace environments. -> View More
AeroVironment Receives $4.3 Million Award and $7.1 Million Option for Switchblade Tactical Missile System Support Services
December 04, 2014
• Switchblade systems continue to protect American forces
MONROVIA, Calif., Dec. 4, 2014 – AeroVironment, Inc. (NASDAQ:AVAV) today announced the receipt of a $4.3 million cost plus fixed fee award and $7.1 million option on September 25, 2014 for Switchblade® tactical missile system support services from the United States Army Close Combat Weapons Systems office. The award increased the funded value of an existing contract for Switchblade tactical missile systems to $63.8 million. In addition, options totaling $38.3M increased the total contract ceiling to $102.1 million. -> View More
AeroVironment, Inc. Schedules Second Quarter Fiscal 2015 Earnings Release and Conference Call
November 11, 2014
DARPA Awards AeroVironment Phase II Tern Contract to Develop New Class of Maritime Unmanned Aircraft
October 08, 2014
• AeroVironment-led team of industry experts incorporating advanced technologies to develop new UAS for agile maritime operations
• Contract valued at $19 million
MONROVIA, Calif. Oct. 8, 2014 – AeroVironment, Inc. (NASDAQ:AVAV) announced the Defense Advanced Research Projects Agency (DARPA) has selected the company and its team of industry leaders to follow its successful phase I concept design effort with a phase II preliminary design for the Tactically Exploited Reconnaissance Node, or Tern. The 12-month, $19,035,007 phase II effort seeks to conclude with subscale flight demonstrations prior to a planned phase III award decision. -> View More
U.S. Army Awards AeroVironment $27.2 Million for RQ-11B Raven and RQ-20A Puma Spare Parts
September 30, 2014
• Recapitalization of Raven and Puma fleets ensures combat readiness
MONROVIA, Calif., Sept. 30, 2014 – AeroVironment, Inc. (NASDAQ: AVAV) today announced it received three firm fixed-price orders from the United States Army totaling $27,178,075 for RQ-11B Raven® and RQ-20A Puma AE™ unmanned aircraft systems (UAS) spare parts. The company received two orders on August 29, 2014 and one on September 18, 2014. Delivery is anticipated within 12 months. -> View More
AeroVironment Receives $22 Million RQ-12 Wasp AE Small Unmanned Aircraft Systems Order for United States Marine Corps
September 24, 2014
• Largest single procurement of ground and water-capable Wasp AE
QUANTICO, At Modern Day Marine, September 24, 2014 – AeroVironment, Inc. (NASDAQ: AVAV) today announced it has received a firm fixed-price order valued at $21,779,408 for RQ-12 Wasp® AE small unmanned aircraft systems (UAS) and initial spares packages for the United States Marine Corps. -> View More
AeroVironment’s New AV-900 EX: Packed with Enhancements and Features for Better Performance, Speed and Accuracy at Higher Power Levels
September 16, 2014
• Scalable to one megawatt
• Performs more varied and accurate testing with less equipment
NOVI, Mich., At The Battery Show, Sept. 16, 2014 – AeroVironment, Inc. (NASDAQ:AVAV) today unveiled its next-generation, digital AV-900 EX at The Battery Show in Novi, Mich. The AV-900 EX features valuable enhancements to the company’s AV-900, the longtime battery testing workhorse for global auto manufacturers and test labs. -> View More