Press Releases

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Source: AeroVironment Inc.
    • Designed for AeroVironment Puma™ AE small unmanned aircraft systems, Mantis i45 is available for both commercial and military applications
    • Mantis i45 features an advanced suite of sensors, including ultra-high-resolution EO and IR imagers, that takes the guesswork out of tactical ISR
    • Mantis i45 operators see better and farther than ever before, enabling them to make better decisions and perform missions with certainty

    NEW ORLEANS (XPONENTIAL 2016), MAY 2, 2016 – AeroVironment, Inc. (NASDAQ: AVAV), a world leader in small unmanned aircraft systems (UAS), today unveiled its new Mantis i45 electro-optical/infrared (EO/IR) gimbal payload designed for AeroVironment Puma™ AE (All Environment) small unmanned aircraft systems – for both commercial and military applications. The company made the announcement at the Association for Unmanned Vehicle Systems International (AUVSI) XPONENTIAL 2016 conference and trade show taking place May 2-5 at the Ernest N. Morial Convention Center in New Orleans (Note to editors: see a demo of the Mantis i45 at AeroVironment’s booth #1525).

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    Source: AeroVironment Inc.
    • New digital Switchblade, Block 10C, incorporates AeroVironment Digital Data Link for enhanced communication security and other capabilities
    • Continues evolution of proven Switchblade system to address U.S. Army Lethal Miniature Aerial Missile System (LMAMS) capability
    • Available for fielding this Spring

    ATLANTA, At Army Aviation Mission Solutions Summit, April 28, 2016 – AeroVironment, Inc. (NASDAQ: AVAV) today announced it has developed a block upgrade, designated Block 10C, to its already fielded Switchblade™ Tactical Missile system. The Digital Data Link (DDL) incorporated into Block 10C provides a stable and secure encrypted communication link that enables more efficient use of existing frequency bands and significantly reduces the likelihood of signal interception. Frequency efficiency and secure communications are critical to warfighters in today’s complex operational environment.

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    Source: AeroVironment Inc.

    Tim Conver Announces Retirement as CEO, Effective May 1; Will Continue to Serve as Chairman of the Board of Directors

    SIMI VALLEY, Calif.-  AeroVironment, Inc. (NASDAQ: AVAV) today announced that its Board of Directors has appointed Wahid Nawabi, currently president and chief operating officer, as chief executive officer and a member of the Board of Directors, effective May 2, 2016. Mr. Nawabi succeeds Tim Conver, who will retire as CEO effective May 1, 2016, and remain chairman of the Board.

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    Source: AeroVironment Inc.
    • Puma AE hand-launched unmanned aircraft system is scouting the ice shelf ahead of the Coast Guard’s Polar Star, supporting critical ice-breaking mission to resupply McMurdo Station in Antarctica
    • First time an unmanned aircraft system has been used to assist Coast Guard in navigating Ross Sea - avoids putting crew and costly helicopters at risk

    SIMI VALLEY, Calif., Feb. 2, 2016 – In a development that takes the life-saving capabilities of small unmanned aircraft systems (UAS) to one of the most remote and unforgiving regions on earth, AeroVironment, Inc. (NASDAQ: AVAV) today announced it and a team from the National Oceanic and Atmospheric Administration (NOAA) have been contracted to provide the U.S. Coast Guard ice breaker Polar Star with a RQ-20A Puma™ AE unmanned aircraft system and a flight crew for the annual joint “Operation Deep Freeze,” the military component of the larger, civilian-managed U.S. Antarctic Program to re-supply the National Science Foundation’s McMurdo Station. The Operation Deep Freeze joint team departed Hobart, Tasmania, Australia, on December 30, 2015 and reached McMurdo Station on January 18, 2016.

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    Source: AeroVironment Inc.
    • Puma AE provides long range capability for U.S. Marines’ family of small unmanned aircraft systems requirement
    • Puma AE proven effective for tactical reconnaissance in ground and maritime operations

    SIMI VALLEY, Calif., Nov. 25, 2015 – AeroVironment, Inc. (NASDAQ: AVAV) announced it received a firm fixed-price order valued at $13,015,396 for RQ-20A Puma™ AE small unmanned aircraft systems (UAS) and initial spares packages for the United States Marine Corps on October 27, 2015.

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    Source: AeroVironment Inc.
    • AeroVironment is recognized worldwide as the go-to source for small unmanned aircraft solutions that help people and enterprises operate more safely and effectively
    • Raven remains the most widely used unmanned aircraft system

    WASHINGTON, D.C., at AUSA, Oct. 13, 2015 – AeroVironment, Inc. (NASDAQ: AVAV) today announced it has been awarded a firm-fixed-price contract from the United States Army totaling $18,485,495 to supply initial RQ-11B Raven® unmanned aircraft systems (UAS), spare parts and contractor logistics services to seven allied nations through the Foreign Military Sales (FMS) program.

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    Source: AeroVironment Inc. • Raven and Puma continue to support soldiers with critical situational awareness anywhere, anytime
    • Sustainment of Raven and Puma fleets ensures operational readiness

    MONROVIA, Calif., Aug. 24, 2015 – AeroVironment, Inc. (NASDAQ: AVAV) today announced receipt since May 1, 2015 of ten orders from the United States Army totaling $47.1 million for RQ-11B Raven® and RQ-20A Puma™AE unmanned aircraft systems (UAS) sustainment. This total value includes seven orders awarded on July 23 totaling $35,196,388. View More

    Source: AeroVironment Inc. • AeroVironment’s small unmanned aircraft systems support U.S. military and more than 30 allied nations with powerful insight, on-demand
    • AeroVironment has delivered more than 25,000 new and replacement small unmanned aircraft worldwide

    MONROVIA, Calif., August 20, 2015 – AeroVironment, Inc. (NASDAQ: AVAV) today announced it has received a contract from the United States Army totaling $3.4 million for RQ-11B Raven® unmanned aircraft systems (UAS) to supply the Spanish Ministry of Defense via the Foreign Military Sales (FMS) program. View More

    Source: AeroVironment Inc. • Venture capitalist and operating executive brings broad technology experience in consumer services, software, hardware and cybersecurity

    MONROVIA, Calif., Aug. 6, 2015 – AeroVironment, Inc. (NASDAQ:AVAV) today announced that Catharine Merigold has been appointed to its board of directors, effective July 31, 2015. Merigold brings to AeroVironment more than 20 years of venture capital and finance management experience and has spent her career helping turn new technologies into high-growth businesses, including as founder and current managing partner of Vista Ventures, an early state venture capital firm. Merigold will serve on the board’s Audit Committee. View More

    Source: AeroVironment Inc. MONROVIA, Calif., July 7, 2015 – AeroVironment, Inc. (NASDAQ:AVAV) today announced the appointment of Raymond Cook as senior vice president and chief financial officer, effective immediately. Cook succeeds Teresa Covington, who has served as interim chief financial officer since February 5, 2015. Teresa will remain Vice President, Finance. The company’s announcement follows an extensive search conducted by the Board of Directors, with the assistance of a leading global executive search firm, to identify a new chief financial officer. View More

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