AV’s Wildcat Reaches Key Milestones in DARPA’s ANCILLARY Program’s EVADE Demonstration

June 26, 2025

ARLINGTON, Va., – June 26, 2025 – AeroVironment, Inc. (“AV”) (NASDAQ: AVAV) announced today that its Wildcat uncrewed aircraft system (UAS) has achieved a series of development milestones in support of the Defense Advanced Research Projects Agency’s (DARPA) Early VTOL Aircraft Demonstration (EVADE). Wildcat has successfully completed VTOL-to-forward-flight transitions, validated its core flight and propulsion systems, and begun integrating critical mission payloads—demonstrating rapid progress toward an operationally relevant capability.

Wildcat is a Group 3, tail-sitting vertical take-off and landing (VTOL) aircraft designed for launch and recovery from ship decks in denied and distributed maritime environments. Its compact footprint, autonomous launch and recovery, and robust flight performance across high sea states make it a flexible and scalable solution for contested littoral operations.

“Wildcat reflects the spirit of MacCready Works - breakthrough thinking, accelerated timelines, and deep mission alignment,” said Chris Fisher, AV’s vice president of MacCready Works Novel Systems. “In a matter of weeks, we’ve gone from system integration to full forward flight transitions, all while validating key subsystems. This is what innovation at operational speed looks like.” 

Within this fast-paced program, innovations include a new Visual Precision Landing System (VPLS), an AVACORE™-enabled integration of Government Furnished Software and testing of a new modular autopilot and AI compute module all of which feed back into AV’s existing product lines including the JUMP^® 20-X, P550™, and others. Recent flight testing included the expansion of Wildcat’s hover envelope and the first successful transitions to forward flight using the full-scale test platform. Key systems—such as a heavy fuel propulsion system, fuel, and flight control—were validated in both hover and level flight, with aerodynamic performance confirmed across a range of airspeeds and flight profiles. These results reflect the maturity of the design and the pace of advancement within the EVADE framework.

The EVADE initiative accelerates DARPA’s AdvaNced airCraft Infrastructure-Less Launch And RecoverY (ANCILLARY) program Phase 2 plan, which the agency initially projected to conduct flight testing in late 2026.

AV is now integrating mission-critical payloads that will enable Wildcat to support ISR, communications, and other tactical effects from a single, modular platform. In the next phase of flight tests Wildcat will perform simulated maritime missions—transitioning between hover and forward flight while executing payload-driven tasking in representative operational scenarios.

Designed and developed by MacCready Works, AV’s advanced development team, Wildcat embodies the company’s commitment to solving the hardest challenges in autonomy, edge operations, and next-generation air dominance.

AV and UAS Denmark Establish Strategic Partnership to Advance Allied UAS Capabilities in Europe

June 18, 2025

ARLINGTON, Va., June 18, 2025 – AeroVironment, Inc. (“AV”) (NASDAQ: AVAV) today announced it has signed a Memorandum of Understanding (MOU) with Hans Christian Andersen Aiport in Odense, Denmark–home to the UAS Denmark Test Center–to explore joint utilization of the center’s expansive airspace and advanced test facilities. The agreement aims to leverage UAS Denmark’s strategic range and infrastructure to support AV’s uncrewed aircraft system (UAS) demonstration operations, mission training, and customer integration activities across the region.

The collaboration is expected to enable joint research and development (R&D) initiatives and accelerate the growth of the UAS Denmark Test Center as a regional epicenter for advanced UAS innovation, evaluation, and operational readiness.

"This MOU represents a significant milestone in expanding AV’s operational footprint in Europe," said Shane Hastings, AV’s vice president and general manager of Medium UAS. "Our partnership with UAS Denmark positions us to deliver enhanced capabilities, mission-critical training, and integrated UAS solutions to allied defense forces and government stakeholders across the region."

This agreement follows AV’s February 2025 Framework Agreement with the Danish Ministry of Defence Acquisition and Logistics Organization (DALO), under which AV is delivering advanced UAS, operator and maintainer training, and lifecycle support to strengthen the Danish Armed Forces’ intelligence, surveillance, and reconnaissance (ISR) capabilities. The MOU with UAS Denmark builds on this momentum and reinforces AV’s commitment to delivering tactical advantage through scalable, reliable, and combat-proven UAS platforms.

By formalizing this collaboration, AV continues to expand its international partnerships and operational support capabilities—ensuring allied forces have access to the tools and training required to maintain readiness in dynamic environments.

AV’s JUMP 20 Medium UAS Supports U.S. Navy’s 4th Fleet During Operation Southern Spear

June 12, 2025

ARLINGTON, Va., June 12, 2025 – AeroVironment, Inc. (“AV”) (NASDAQ: AVAV) delivered company-owned, company-operated (COCO) maritime intelligence, surveillance and reconnaissance (ISR) services in support of the U.S. Navy’s 4th Fleet as part of Operation Southern Spear. AV’s JUMP® 20 medium uncrewed aircraft system (MUAS) was deployed across the Caribbean and southern Atlantic region, providing persistent ISR where it actively tracked potential illicit activities within the 4th Fleet’s jurisdiction.

JUMP 20 is a vertical take-off and landing (VTOL) MUAS designed for rapid deployment, with fully hands-free autonomous launch and recovery capabilities on moving vessels—even in challenging maritime conditions, including sea state level 5 and winds exceeding 20 knots.

“Advancing and refining the JUMP 20 maritime offering has been a major focus and investment for AV during the past 18 months,” said Shane Hastings, AV’s vice president and general manager of medium UAS. "This contract represented the culmination of that work and marked the first of what we hope are many operational maritime deployments of the JUMP 20.  What sets the JUMP 20 apart from other Group 3 UAS in its class is its superior payload capacity, unmatched modularity and exceptional endurance – all delivered without the need for launch or recovery equipment enabling fully hands-free operations and maximizing operational safety.”

According to the Navy, “Operation Southern Spear was a successful operation designed to advance the Navy’s Hybrid Fleet Campaign, operationalizing Robotic and Autonomous Systems (RAS) through manned-unmanned teaming. In addition to meeting operational objectives, this operation transitioned from short-duration experimentation into long-duration operations aiding in the development of critical techniques and procedures designed to advance the global integration of RAS into the maritime environment. AV’s JUMP 20 served as a key ISR asset, operating alongside joint and interagency assets in the area.”

JUMP 20 has proven its reliability with over 130,000 land-based flight hours supporting U.S. Special Operations Command combat deployments.  JUMP 20’s expanded operations into these shipboard environments further extends its reach, enabling multi-mission multi-domain capabilities on a global scale, wherever and whenever needed.

AV’s JUMP 20 was ship-based and deployed for approximately six months during Operation Southern Spear under the Monitoring, Analysis, Reconnaissance, Logistics, Intelligence, and Network Services (MARLINS) Task Order as a subcontractor under the prime contractor, SMX.

AV’s Tomahawk Awarded $5.1M contract for Human-Machine Integrated Formations Project by U.S. Army RCCTO

May 19, 2025

ARLINGTON, Va., May 19, 2025 – Tomahawk GCS, an AeroVironment (“AV”) product line specializing in autonomous and intelligent multi-domain systems, has been awarded a $5.1 million contract to support the U.S. Army Rapid Capabilities and Critical Technologies Office (RCCTO) Human- Machine Integrated Formations (HMIF) rapid prototyping project. Following a rigorous selection process, AV’s Tomahawk's Grip TA5 was selected as the Dismounted Common Controller (DCC) to significantly enhance human-machine teaming for battlefield operations.

The HMIF initiative, led by the U.S. Army RCCTO, is accelerating the integration of autonomous and robotic systems into formations to enhance situational awareness, lethality, and survivability. With its modular architecture and multi-platform compatibility, the Grip TA5 provides operators command-and-control of multiple robotic assets in real-time, enhancing mission adaptability and response speed.

"This award is a huge milestone, not just for AV, but for the future of human-machine teaming on the battlefield," said Jason Hendrix, AV’s vice president and general manager of Small Uncrewed Aircraft Systems. “We’re proud to continue pushing the boundaries of what’s possible in multi-domain operations and delivering proven technology to the warfighter.”

AV and Dutch Ministry of Defence Expand Partnership to Modernize Puma™ UAS Fleet and Deploy Scalable Long-Endurance Systems

May 13, 2025

Arlington, Va., May 13, 2025 – AeroVironment, Inc. (“AV”) (NASDAQ: AVAV) today announced a new contract with the Dutch Ministry of Defence (MoD) to modernize the Netherlands’ Puma™ UAS fleet with expanded capabilities for enhanced situational awareness and operational effectiveness.

 Under the contract, the Dutch MoD is modernizing its Puma 3 AE UAS fleet with advanced capabilities that empower forces to carry out mission-critical operations autonomously and securely—even in GPS-denied and contested environments. Upgrades will boost survivability, strengthen communications and add the option for vertical take-off and landing (VTOL) to maximize operational agility. Deliveries are underway, with the upgraded systems set for rapid deployment at the squad and platoon levels.

 Additionally, the Netherlands is expanding its UAS portfolio with the acquisition of Puma LE, which delivers extended endurance and range. Both Puma 3 AE and Puma LE provide scalable ISR capabilities for tactical formations and civilian missions.

 Battle-proven in the toughest combat zones—including ongoing deployment in Ukraine—Puma systems have earned their reputation in real-world, high-threat environments. Continuous updates driven by frontline experience keep both platforms mission-ready, rapidly adaptable, and equipped with the latest tech to outpace evolving threats.

“Our expanded partnership with the Dutch MoD underscores the rising demand for adaptable, mission-ready uncrewed systems across NATO,” said Trace Stevenson, AV’s president of Autonomous Systems. “AV’s battle-proven Puma platforms are built to deliver real-time intelligence and unmatched battlefield agility—so our partners can make faster, smarter decisions in the world’s most contested environments.”

Designed for fast-paced, expeditionary operations, Puma UAS can be launched by a single soldier or from Fennek reconnaissance vehicles—enabling agile ISR at the edge. These upgrades are part of a broader Dutch initiative to modernize and scale uncrewed capability across their operations.

AV Launches Titan 4 and Expands Titan Family, Ushering in the Next Era of RF Counter-UAS Dominance

May 06, 2025

ARLINGTON, Va., May 6, 2025 – To meet the emerging air threats of today and the rapidly evolving threats of tomorrow, AeroVironment, Inc. (“AV”) (NASDAQ: AVAV) today announced Titan 4, the next generation of its battle-proven, warfighter-trusted Counter-Unmanned Aerial Systems (C-UAS) technology. Titan 4 is a smaller, lighter, more powerful, highly extensible Radio Frequency (RF)-based solution to detect and defeat Group 1 and 2 drone threats.

Titan 4 is portable and mission-adaptable—supporting mobile, dismounted, or fixed-site use—and can deploy in under five minutes to identify and neutralize threats, creating a protective dome around personnel and infrastructure. Titan 4 is 17% lighter and 73% smaller than its dual-chassis predecessor, now integrated into a single compact chassis as compared to its dual-chassis predecessor. It offers nearly 250% more transmit power with 540W of total output over six RF bands to address both current and emerging threats. For enhanced airspace awareness, AV has integrated its Titan-SV system within Titan 4 to provide operators with AI/ML-backed passive, long-range precision threat detection.

“With over a thousand units in the field and hundreds of thousands of operational hours, our team has taken lessons learned from active deployments in rapidly evolving threat landscapes to develop the next era of RF C-UAS superiority,” said Trace Stevenson, President of AV’s Autonomous Systems Segment. "Smaller, lighter and more powerful, Titan 4 is poised to better respond to both individual threats and drone swarms in the harshest environments–using adaptive, autonomous, escalating countermeasures to protect our warfighters, allies, and infrastructure and ensure successful military operations.”

Titan 4 is the flagship solution in AV’s Titan C-UAS^TM suite of autonomous RF counter-drone systems. In addition to Titan 4 and Titan-SV, AV is expanding this suite of solutions with technologies spanning from larger, fixed-site configurations to small, interoperable plug-and-play sensors:

Titan-MS is an AI-powered, multi-sensor technology that detects, identifies, tracks, defeats, and reports on unmanned system threats. As the largest, most powerful solution in the Titan family, Titan-MS (Multi-Sensor) is a multi-mission, multi-threat capability suitable for fixed-site installations in air, sea, and land domains. Fusing RF, radar, and optics with AI and ML algorithms from industry-leading sensors, Titan-MS detects, classifies, and defeats RF-controlled and autonomous drone threats —while also tracking human and vehicle movement. It provides operators with recorded video and detailed analytics for after-action review to continuously improve security operations.

Titan-EO/IR is a portable, multi-sensor platform to detect, identify, track, and defeat UAS threats. Leveraging the repeatable performance of Titan’s RF capabilities along with agile Middle Wavelength Infrared (MWIR) sensors, Titan-EO/IR integrates advanced sensor arrays into a unified interface, delivering full-spectrum airspace awareness.

Titan-SV LOB is a fixed-site or vehicle-mounted small-UAS (sUAS) detection and tracking solution that provides operators with the same long-range, 360° coverage of Titan-SV along with precise azimuth and elevation for all sUAS threats. For standard protocol sUAS, Titan-SV LOB (Line of Bearing) provides enhanced threat awareness with full 3D tracking. With proven commercial and government multi-sensor interoperability, plug-and-play compatibility with BlueSky 2" Mast systems, and a secure API supporting a wide array of integrations, Titan SV-LOB is a versatile, multi-domain C-UAS solution.

Titan-SV MOSA/SOSA is the next generation of Titan-SV in development, putting the passive threat detection power of Titan-SV on an open-architecture sensor card for maximum interoperability on a wide variety of multi-mission systems and open standard chassis. Using Sensor Open Systems Architecture (SOSA) and Modular Open Systems Approach (MOSA) frameworks, Titan-SV SOSA/MOSA promotes interoperability, scalability, and rapid modernization across defense platforms.

“From our fixed-site capabilities to our plug-in integrations, the Titan family of RF C-UAS solutions is a force multiplier for our warfighters,” said Jimmy Jenkins, Executive Vice President of AV’s Precision Strike and Defense Systems Group. “With a proven track record across Titan and Titan-SV deployments, we’re proud to roll out Titan 4 and a full family of Titan solutions to meet the critical multi-mission needs of our customers. We’re moving these innovations from prototype to full-scale production to quickly deliver our U.S.-made and manufactured units into the hands of warfighters who are protecting us at home and abroad.”

Titan was selected as a C-UAS Program of Record (POR) capability for an undisclosed Department of Defense customer in 2022. Since that time, the U.S. Army, Navy, Air Force, Marines, and Special Operations Forces have deployed more than 1,000 units globally to protect U.S., allied, and coalition forces and critical infrastructure. Domestically, Federal departments have deployed Titan systems for crowd protection at large gatherings and major sporting events. Internationally, countries across the North Atlantic Treaty Organization (NATO), Latin America, and other allied partners are trusting Titan to enhance their air defense capabilities against drone threats.

AV Unleashes Red Dragon: A New Breed of Fully Autonomous Capable, GPS-Denied One-Way Attack Unmanned Aircraft Systems

May 06, 2025

ARLINGTON, Va. – May 6, 2025 – AeroVironment, Inc. (NASDAQ: AVAV) (“AV”) today announced the launch of Red Dragon™, a fully autonomous capable, software-defined unmanned aircraft system (UAS) designed for one-way attack missions in high-threat, GPS-denied, and communications-degraded environments. Developed as part of AV’s expanding portfolio of tactical autonomy, Red Dragon is built on the AV’s AVACORE™ shared software architecture—enabling rapid development, scalable manufacturing, and modular mission integration. AV’s industry leading SPOTR-Edge™ perception system enables detection and classification of targets to aid the operator in making decisions with confidence via AV’s proprietary DDIL radio system.

Red Dragon delivers a combination of autonomy, electronic warfare resilience, and tactical flexibility previously unavailable in its class. It is designed to penetrate contested airspace and operate effectively in denied, disrupted, intermittent, and low-bandwidth (DDIL) environments. The system is capable of autonomous execution of mission objectives without reliance on continuous operator input or satellite navigation.

Designed for manufacturing at scale, Red Dragon enables mass production, rapid deployment, and simplified logistics to meet operational demands. It is optimized for cross-domain use—across air, land, and maritime—and is designed so small teams can be trained quickly and effectively. 

“Red Dragon represents a significant step forward in autonomous lethality,” said Jeff Rodrian, Executive Vice President, MacCready Works. “By combining advanced autonomy, GNSS-independent navigation, and mass producibility, Red Dragon delivers a mission-ready system designed for today’s contested battlespace. It is the first of a new generation of autonomous systems built for scale, speed, and operational relevance.” 

“At AV, our mission is to change the way wars are fought—by putting the safety, survivability, and operational advantage of our warfighters first,” said Wahid Nawabi, President & CEO of AV. “Red Dragon reflects the kind of breakthrough capability that ensures U.S. and allied forces stay ahead in an increasingly complex threat environment. It’s not just about autonomy—it’s about delivering trusted, mission-defining technologies that protect lives and reshape the future of defense.”

Red Dragon is the first in a rapidly growing family of platforms under development at AV with a common software and hardware architecture for mission-specific variants. Each shares a common software and autonomy architecture designed to support rapid evolution across domains and use cases. This enables evolutions at the speed of software and warfare.

AeroVironment and BlueHalo Complete Transaction — Creating A Global Defense Technology

May 01, 2025

Leader Built for Strategic Advantage in Modern Warfare

AV launches with an integrated portfolio, national manufacturing scale, and global reach — delivering proven systems and emerging capabilities across air, land, sea, space, and cyber

ARLINGTON, Va. – May 1, 2025 – AeroVironment, Inc. (“AV”) (NASDAQ: AVAV) announced today the successful completion of the transaction between AeroVironment, Inc. and BlueHalo, LLC (“BlueHalo”), advancing its position as a global defense technology leader with integrated capabilities across air, land, sea, space, and cyber.  

 “We are excited to complete the acquisition of BlueHalo and move forward as an even stronger and more unified AV that provides the scale, talent, and technology needed to lead in the most critical areas of modern defense,” said Wahid Nawabi, AV Chairman, President, and Chief Executive Officer. “By bringing together two mission-focused organizations, the new AV is built to accelerate innovation, strengthen our customer partnerships, and deliver operational impact across every domain. This is a pivotal step in our journey, and one that positions us to create long-term value for shareholders and strategic advantages for our customers.”

 AV brings together proven systems and next-generation technologies to deliver integrated capabilities across every domain of modern warfare. Its systems include autonomous uncrewed systems, precision strike and defensive systems, including AV’s suite of counter-UAS solutions across radio frequency, directed energy and kinetic defeat technologies, space technologies, and cyber and advanced solutions. These capabilities are unified by advanced autonomy, mission software, and command & control systems that enable faster coordination, responsiveness, and decision-making at the tactical edge. 

 Headquartered in Arlington, Virginia – at the center of the defense innovation corridor – AV operates in more than 40 states and has a combined total of more than 3,750 employees. Its national network of innovation centers, manufacturing sites, and technology labs provide the infrastructure to continue scaling critical capabilities while supporting urgent mission demands. AV’s cross-domain innovation engine, MacCready Works, continues to support the development and rapid transition of next-generation systems that reinforce AV’s leadership across emerging mission areas. 

As previously announced, Wahid Nawabi will continue to serve as Chairman, President, and Chief Executive Officer of AV. The combined leadership team includes experienced executives from both organizations, bringing together deep expertise across autonomy, space systems, cyber operations, and defense technology. 

To align with customer missions and AV’s financial reporting structure, the company will operate in two business segments: 

1. Autonomous Systems: Encompasses uncrewed systems (Group 1–3 UAS), precision strike and one way attack systems (including loitering munitions), defense systems (counter-UAS solutions using radio frequency sensors and electronic warfare solutions), ground and maritime robotic solutions, and MacCready Works, AV’s innovation engine where autonomy, AI, and advanced platform technologies converge to deliver next-generation capabilities. Autonomous Systems is led by Trace Stevenson who formerly led AeroVironment’s Uncrewed Systems organization. 

2.     Space, Cyber and Directed Energy: Encompasses space technologies, directed energy solutions, cyber solutions, and mission services. Space, Cyber and Directed Energy is led by Trip Ferguson who formerly served as BlueHalo’s Chief Operating Officer.

In connection with the transaction, David Wodlinger and Henry Albers, both from Arlington Capital Partners, have joined the AV Board of Directors, expanding the Board to ten members. More information on AV’s executive leadership and Board of Directors is available at www.avinc.com. 

Advisors
RBC Capital Markets served as financial advisor and Latham & Watkins LLP served as legal advisor to AeroVironment. Joele Frank, Wilkinson Brimmer Katcher served as strategic communications advisor to AeroVironment. J.P. Morgan Securities LLC served as financial advisor and Goodwin Procter LLP served as legal advisor to Arlington Capital Partners and BlueHalo. 

 About AV
AV (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The company develops and deploys autonomous systems, precision strike systems, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities with speed, scale, and operational relevance. 

For more information, visit www.avinc.com. 

About Arlington Capital Partners

Arlington Capital Partners is a Washington, D.C.-area private investment firm specializing in government-regulated industries. The firm partners with founders and management teams to build strategically important businesses in the government services and technology, aerospace and defense, and healthcare sectors. Since its inception in 1999, Arlington has invested in over 175 companies and is currently investing out of its $3.8 billion Fund VI. For more information, visit Arlington’s website at www.arlingtoncap.com and follow Arlington on LinkedIn.

Statement Regarding Forward-Looking Information
This press release contains statements regarding AV, including its wholly owned subsidiary BlueHalo, that are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).  In some cases, forward-looking statements can be identified by words such as “anticipate,” “approximate,” “believe,” “plan,” “estimate,” “expect,” “project,” “could,” “should,” “strategy,” “will,” “intend,” “may” and other similar expressions or the negative of such words or expressions.  Statements in this press release concerning AV’s business strategy, production capacity, competitive positions, growth opportunities, employment opportunities and mobility, plans and objectives of management, together with other statements that are not historical facts, are forward-looking statements that are estimates reflecting management’s best judgment based upon currently available information.  Such forward-looking statements are inherently uncertain, and stockholders and other potential investors must recognize that actual results may differ materially from expectations as a result of a variety of factors, including, without limitation, those discussed below.  Such forward-looking statements are based upon management’s current expectations and include known and unknown risks, uncertainties and other factors, many of which AV is unable to predict or control, that may cause actual results, performance or plans to differ materially from any future results, performance or plans expressed or implied by such forward-looking statements.  These statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated in these statements as a result of a number of factors, including, but not limited to:

• unexpected costs, liabilities, charges or expenses resulting from the acquisition;
• the risk that the integration of AeroVironment and BlueHalo will be more difficult, time-consuming or expensive than anticipated;
• the risk of customer loss or other business disruption in connection with the transaction, or of the loss of key employees;
• the fact that unforeseen liabilities of AeroVironment or BlueHalo may exist;
• the risk of doing business internationally;
• AV’s capital structure following the acquisition of BlueHalo;
• the challenging macroeconomic environment, including disruptions in the defense industry;
• risks that AV may not be able to manage strains associated with its growth;
• dependence on key personnel;
• stock price volatility;
• the effect of legislative initiatives or proposals, statutory changes, governmental or other applicable regulations and/or changes in industry requirements;
• AV’s ability to protect its intellectual property and litigation risks; and
• other risks and uncertainties identified in the “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Business” sections of AV’s most recent Annual Report on Form 10-K and its subsequent Quarterly Reports on Form 10-Q, and other risks as identified from time to time in its Securities and Exchange Commission (“SEC”) reports.

Other unknown or unpredictable factors also could have a material adverse effect on AV’s business, financial condition, results of operations and prospects.  Accordingly, readers should not place undue reliance on these forward-looking statements.  These forward-looking statements are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict.  Except as required by applicable law or regulation, AV undertakes (and AV expressly disclaims) any obligation and does not intend to publicly update or review any of these forward-looking statements, whether as a result of new information, future events or otherwise.

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AV Secures $46.6M Contract with Italian Ministry of Defence for Combat-Proven JUMP 20 VTOL Aircraft System

April 21, 2025

ARLINGTON, Va., April 21, 2025 – AeroVironment (AV), a global leader in intelligent, multi-domain autonomous systems, today announced it has been awarded a $46.6M contract by the Italian Ministry of Defence (MOD) for the delivery of its JUMP® 20 vertical takeoff and landing (VTOL) medium uncrewed aircraft system (MUAS). The five-year contract encompasses the procurement of JUMP 20 air vehicles, engineering services, initial sustainment and onsite technical support – ensuring rapid fielding and operational readiness from day one.  

JUMP 20 is a vertical take-off and landing (VTOL), fixed-wing UAS with 30 pounds of payload capacity, 13+ hours of endurance and an operational range of 185 km (115 mi). Purpose-built for expeditionary operations, the system can be stored and transported with ease and autonomously launched and recovered without personnel intervention, making it ideal for dynamic on-the-move operations.

The selection follows a rigorous and highly competitive procurement process, where JUMP 20 distinguished itself for its ability to meet the Italian MOD’s stringent technical and operational requirements while replacing their existing Shadow UAS fleet with a modern, adaptable solution.

“We are honored to strengthen our partnership with the Italian Ministry of Defence through the delivery of the JUMP 20, a system that enhances their operational capabilities,” said Shane Hastings, AV’s vice president and general manager of Medium UAS. “This contract builds on our history of supporting NATO allies with world-class uncrewed systems that reflects our unwavering commitment to innovation and mission success reinforcing our reputation as a trusted partner our customers can rely on.”

The JUMP 20 delivers advanced intelligence, surveillance, and reconnaissance (ISR) capabilities with multi-payload flexibility and seamless interoperability across current and future systems. Built on a Modular Open Systems Approach (MOSA), the platform enables rapid integration, easy upgrades, and unmatched adaptability to support a wide range of evolving mission demands.

AeroVironment Stockholders Approve Acquisition of BlueHalo

April 01, 2025

ARLINGTON, Va. – April 1, 2025 – AeroVironment, Inc. (NASDAQ: AVAV) (“AV” or the “Company”) today announced that its stockholders have approved the issuance of AV common stock in connection with the Company’s pending acquisition of BlueHalo LLC (“BlueHalo”) at a Special Meeting of Stockholders held earlier today.

“Stockholder approval marks an important milestone as we move forward with the acquisition of BlueHalo and accelerate our transformation into the leading next-generation defense technology company,” said Wahid Nawabi, AV chairman, president, and chief executive officer. “Together, AV and BlueHalo will drive agile innovation and deliver integrated, all-domain solutions designed to redefine the future of defense and address the most important priorities and needs of our nation and allies around the globe. We thank stockholders for their continued support and look forward to closing this transaction and unlocking new opportunities for growth and value creation.”

More than 99% of the shares voted by AV stockholders were in favor of the issuance of AV common stock to complete the pending acquisition. Final voting results will be reported in a Form 8-K filed with the U.S. Securities and Exchange Commission.

The transaction is expected to close in May 2025, subject to the satisfaction of customary closing conditions.

About AeroVironment, Inc.

AeroVironment (NASDAQ: AVAV) provides technology solutions at the intersection of robotics, sensors, software analytics and connectivity that deliver more actionable intelligence so you can Proceed with Certainty. Headquartered in Virginia, AeroVironment is a global leader in intelligent, multi-domain robotic systems, and serves defense, government and commercial customers. For more information, visit www.avinc.com.

Statement Regarding Forward-Looking Statements

This release contains statements regarding AeroVironment, BlueHalo, the proposed transactions and other matters that are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, forward-looking statements can be identified by words such as “anticipate,” “approximate,” “believe,” “plan,” “estimate,” “expect,” “project,” “could,” “should,” “strategy,” “will,” “intend,” “may” and other similar expressions or the negative of such words or expressions. Statements in this release concerning AeroVironment’s proposed transaction with BlueHalo and the closing date of the proposed transaction, together with other statements that are not historical facts, are forward-looking statements that are estimates reflecting management’s best judgment based upon currently available information. Such forward-looking statements are inherently uncertain, and stockholders and other potential investors must recognize that actual results may differ materially from expectations as a result of a variety of factors, including, without limitation, those discussed below. Such forward-looking statements are based upon management’s current expectations and include known and unknown risks, uncertainties and other factors, many of which AeroVironment and BlueHalo are unable to predict or control, that may cause actual results, performance or plans to differ materially from any future results, performance or plans expressed or implied by such forward-looking statements. These statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated in these statements as a result of a number of factors, including, but not limited to:

 

• the risk that the transaction described herein will not be completed or will not provide the expected benefits, or that we will not be able to achieve the cost or revenue synergies anticipated;
• the risk that a condition to closing of the transaction may not be satisfied on a timely basis or at all;
• the possible occurrence of an event, change or other circumstance that would give rise to the termination of the transaction agreement;
• the risk of stockholder litigation in connection with the proposed transaction, including resulting expense or delay in delay in closing of the transaction;
• the failure of the proposed transaction to close for any other reason;
• unexpected costs, liabilities, charges or expenses resulting from the transaction; and
• other risks inherent in AeroVironment’s and BlueHalo’s businesses

Other unknown or unpredictable factors also could have a material adverse effect on AeroVironment’s business, financial condition, results of operations and prospects. Accordingly, readers should not place undue reliance on these forward-looking statements. These forward-looking statements are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. Except as required by applicable law or regulation, neither AeroVironment nor BlueHalo undertakes (and each of AeroVironment and BlueHalo expressly disclaim) any obligation and do not intend to publicly update or review any of these forward-looking statements, whether as a result of new information, future events or otherwise.

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AV Awarded Major Contract to Deliver Advanced Uncrewed Ground Vehicles to the German Federal Armed Forces

March 27, 2025

ARLINGTON, Va., March 27, 2025 – AV, through its wholly owned subsidiary Telerob, has been awarded a significant contract to deliver 41 large-sized advanced EOD/IED uncrewed ground vehicles (UGV) to the German Federal Armed Forces.  Initial deliveries are scheduled for summer 2025, with additional orders extending through 2027.

Following a rigorous competitive procurement process, the telemax™ HT300 UGV was selected to meet the German Armed Forces’ evolving requirements for explosive ordnance disposal (EOD) and counter-IED missions. Purpose-built for high-risk operations in complex terrain, the HT300 offers an advanced manipulator arm, exceptional traction, and mobility across uneven, unstable, and shifting surfaces.

“This award marks a major milestone in Telerob’s 30-year legacy of innovation and trusted performance,” said Florian Gruener, Managing Director of Telerob and Product Line General Manager for Uncrewed Ground Vehicles. “It is one of the most significant contracts we’ve secured in the past 15 years and further reinforces our longstanding, strategic partnership with the German Armed Forces. These next-generation systems will be built at our state-of-the-art facility in Ostfildern, Germany—delivering the precision, reliability, and operational advantage that today’s missions demand.”

The telemax™ HT300 is part of AV’s growing portfolio of multi-domain uncrewed systems designed to enhance force protection, mission success, and operator safety in the world’s most complex operational environments.

AV’s Cutting-Edge One-Way Attack UAS Secures DIU Backing Under Project Artemis

March 14, 2025

ARLINGTON, Va., March 14, 2025 – AeroVironment (AV), the leader in defense technology, has secured a contract with the Defense Innovation Unit (DIU) to accelerate the deployment of next-generation autonomous precision munitions.

As part of its strategic expansion into a new sector of the multi-billion-dollar defense market, AV has been awarded an Other Transaction Authority (OT) award by the Defense Innovation Unit (DIU) as part of Project Artemis, an initiative launched to rapidly test and operationally evaluate long-range, one-way uncrewed aircraft systems (UAS) for the Department of Defense (DoD). This strategic effort, sponsored by the Under Secretary of Defense for Acquisition and Sustainment (A&S), is driven by urgent congressional direction to accelerate the deployment of innovative precision-strike platforms in contested environments.

This award aligns with Secretary Pete Hegseth’s directive in a memorandum issued on February 18, 2025, which exempts uncrewed systems from broad defense budget cuts and underscores the Pentagon’s commitment to advancing autonomous capabilities as a critical component of modern military operations.

AV’s fully autonomous, GPS-denied, precision-strike, one-way attack UAS is engineered for mass production and designed to operate in disrupted, disconnected, intermittent, and low-bandwidth environments, ensuring unmatched resilience against advanced electronic warfare (EW) threats. With a software-defined architecture, scalable manufacturing capabilities, and advanced GNSS-independent navigation, AV’s platform rapidly delivers a next-generation solution for modern conflict. AV’s AVACORE™ autonomy software and SPOTR-Edge™ computer vision are critical components enabling these capabilities quickly and at scale.

“Project Artemis represents a major step in transforming how the DoD identifies, tests, and deploys asymmetric capabilities to the warfighter at speed and scale,” said Jeff Rodrian, AV’s senior vice president and general manager of MacCready Works. “AV’s next-generation software-defined autonomous one-way attack UAS is already in the hands of early adopters and is now part of the Blue UAS ecosystem. Through this DIU contract, we look forward to quickly expanding its deployment to meet the urgent needs of today’s battlespace.”

As part of this initiative, AV will participate in aggressive testing and integration efforts, to demonstrate prototype success by the end of May 2025. These evaluations will provide critical data to inform procurement decisions for the Services and Combatant Commands, delivering options years ahead of traditional acquisition timelines.

The demand for long-range, autonomous precision strike systems has never been greater. AV is committed to delivering cutting-edge solutions that ensure U.S. and allied forces maintain an operational advantage in contested environments.

AV Unveils JUMP 20-X: Revolutionizing Autonomous Maritime Operations with Unmatched Precision and Versatility

February 16, 2025

Abu Dhabi, United Arab Emirates, Feb. 16, 2025 – AeroVironment (AV), a global leader in intelligent, multi-domain autonomous solutions, today announced the launch of the JUMP® 20-X, a next-generation, modular Group 3 uncrewed aircraft system (UAS) designed to meet the dynamic demands of modern warfare. Setting a new benchmark for autonomous maritime operations, the JUMP 20-X delivers unrivaled versatility, efficiency, and precision in contested and complex environments.

Unveiled at the 2025 International Defence Exhibition & Conference (IDEX), the JUMP 20-X is a vertical takeoff and landing (VTOL) medium uncrewed aircraft system (MUAS) engineered to revolutionize shipboard UAS operations. With an advanced heavy-fuel engine capable of running on multiple fuel types, JUMP 20-X enhances operational flexibility, simplifies refueling logistics, and ensures mission adaptability across diverse maritime and expeditionary environments.

Unmatched Endurance, Multi-Domain Connectivity & Scalable Lethality

Built for long-range, multi-domain operations, JUMP 20-X boasts an impressive 13-hour flight endurance and beyond-line-of-sight (BLOS) connectivity, ensuring persistent surveillance and strike capabilities far beyond the horizon. Its modular 30-pound multi-payload capacity is unmatched in its class, supporting a wide range of mission sets, including:

• ISR (Intelligence, Surveillance, and Reconnaissance)
• Synthetic Aperture Radar (SAR) & Wide-Area Surveillance (WAS)
• Signals Intelligence (SIGINT) & Electronic Warfare (EW)
• Secure Communications & Video Relay
• Precision Strike Capabilities with customizable lethality options

Future-Proofed with MOSA: Modular, Open, Systems, Approach

The JUMP 20-X is built on an open-architecture, payload-agnostic, radio-agnostic, and STANAG-compliant framework, ensuring rapid integration with existing military networks and emerging technologies. This future-proof design enables seamless interoperability across joint, allied, and coalition forces, allowing operators to adapt to evolving mission requirements in real time.

AI-Powered Precision & Autonomous Shipboard Operations

Designed for hands-free operation in highly complex environments, JUMP 20-X leverages AI-powered autonomy to ensure precise takeoff and landing—even on fast-moving ships in rough seas or under extreme conditions, day or night.

Additionally, AV’s cutting-edge SPOTR-Edge™ computer vision technology enables automated object detection and classification, enhancing situational awareness and tactical decision-making in real-time. From identifying hostile threats to tracking moving maritime and aerial assets, SPOTR-Edge™ provides unparalleled intelligence at the tactical edge.

A New Era in Maritime UAS Operations

Shane Hastings, AV’s vice president and general manager of Medium Uncrewed Aircraft Systems, emphasized the transformative impact of JUMP 20-X:

“The JUMP 20-X is more than a UAS—it’s a force multiplier that delivers the unmatched versatility, efficiency, and reliability modern operators’ demand. By combining cutting-edge autonomy, extended endurance, and a modular design, JUMP 20-X redefines what’s possible for maritime and expeditionary UAS operations in the most contested domains.”

AV’s JUMP 20 Selected by Danish Defence Acquisition and Logistics Organisation for Tactical UAS Program of Record

February 10, 2025

ARLINGTON, Va., February 10, 2025 – AeroVironment (AV), through its wholly owned subsidiary Arcturus UAV, has been awarded a contract by the Danish Defence Acquisition and Logistics Organisation (DALO) with a contract ceiling value of $181 million to deliver the JUMP® 20 medium uncrewed aircraft system (UAS) to the Danish Armed Forces. This 10-year program of record will equip the Danish Army with JUMP 20 systems to enhance intelligence, surveillance, and reconnaissance (ISR) operations, reinforcing AV’s position as a global leader in advanced autonomous solutions.

JUMP 20 is a vertical take-off and landing (VTOL), fixed-wing UAS with 13+ hours of endurance and an operational range of 185 km (115 mi). Runway independent, the system is easily storable and transportable, and can autonomously launch and land at speed without personnel intervention, making it ideal for on-the-move operations.

“JUMP 20 sets the standard for simplicity, modularity, and durability—critical attributes for reliable performance in the demanding Scandinavian terrain,” said Shane Hastings, AV’s vice president and general manager for Medium UAS. “With a combat-proven track record and over 300,000 operational flight hours, JUMP 20 stands as a best-in-class UAS, equipping the Danish Armed Forces with unmatched multi-mission capabilities to operate effectively in complex and austere environments.”

With a 30-pound modular payload capacity, JUMP 20 is engineered to adapt to evolving CONOPS and multi-domain mission demands. Its modular design enables the Danish Armed Forces to seamlessly integrate emerging technologies, ensuring their UAS capabilities remain at the cutting edge. As AV continues to advance its portfolio of robust and diverse autonomy solutions, JUMP 20 is perfectly positioned to scale, incorporating future hardware and software enhancements to meet the dynamic needs of modern warfare.

“This significant contract win reinforces confidence in the JUMP 20 system and underscores AV’s commitment to delivering unmatched capability, reliability, and innovation to our customers,” said Hastings. “We have a longstanding relationship with the Danish Ministry of Defence, and we’re excited to build on that foundation—collaborating with the Danish Armed Forces to enhance their UAS capabilities for years to come.”

BLAKE SOUTER JOINS AV AS THE DEPUTY OF WASHINGTON OPERATIONS AND GOVERNMENT RELATIONS

February 05, 2025

ARLINGTON, Va., February 5, 2025 – AeroVironment (AV) today announced that Blake Souter has joined the company as Vice President, Government Relations. In this role, Mr. Souter will help lead AV’s engagement with the Executive Branch and Congress, strengthening partnerships that drive innovation and accelerate deployment of affordable autonomous systems most important to the Department of Defense (DOD). 

A national security and defense policy expert, Mr. Souter has played key roles in shaping Pentagon budgets, securing congressional support for defense priorities, and expediting delivery of innovative capabilities to the warfighter. As Deputy Comptroller for Budget and Appropriations Affairs at DOD, he managed the Department’s engagement with Congress on budget matters and helped oversee DOD’s $850 billion budget. He spearheaded efforts to secure funding to accelerate fielding of autonomous systems in the Indo-Pacific—an effort that strengthened deterrence and bolstered national security. 

“Blake’s ability to navigate complex defense budgets and drive rapid capability deployment will be invaluable to our end users,” said Church Hutton, AV’s senior vice president of Government Relations, Marketing and Communications. “As the Pentagon pushes for faster fielding of autonomy-enabled technologies, Blake’s leadership will ensure that cutting-edge uncrewed systems continue to provide warfighters with the decisive edge they need.”

“I’m excited to join AV at a time when delivering the right capabilities at speed has never been more important,” said Mr. Souter. “DOD leaders have been clear: the ability to field advanced systems quickly and affordably is essential to maintaining our strategic advantage. AV delivers, and I’m eager to work with the team to deepen our support for the warfighter.”

Prior to his tenure at DOD, Mr. Souter shaped policy and funding on Capitol Hill for members of the Senate Armed Services and Appropriations Committees.  He also served in the U.S. Army, including tours in Iraq and Afghanistan.

AV Secures $288 Million Delivery Order on $990 Million Contract with U.S. Army

February 03, 2025

ARLINGTON, Va., February 03, 2025 – AeroVironment (AV), a global leader in intelligent, multi-domain robotic systems, today announced it has been awarded its third delivery order for Switchblade® loitering munition systems in the amount of $288 million as part of U.S. Army’s Directed Requirement (DR) for Lethal Unmanned Systems (LUS).  This is the third award in the last 12 months, totaling $471.3 millions.  This award is the third such delivery order awarded to AV as part of the multi-year contract with a ceiling value of $990M, which was secured in August 2024.  

“AV is honored to continue fulfilling this important contract providing the U.S. Army with exceptional and reliable loitering munition solutions,” said Brett Hush, AV’s senior vice president and general manager of Loitering Munition Systems. “We continue to deliver for the U.S. Army with our superior supply chain and manufacturing capacity.”

Switchblade represents the next generation of extended-range loitering munition systems, providing operators in the field with a multi-mission loitering munition system capable of multi-domain operations. The combat-proven system also features high-precision optics and extended loitering endurance.

AV Announces Second Delivery Order on $990 Million Contract with U.S. Army

January 13, 2025

ARLINGTON, Va., January 13, 2025 – AeroVironment (AV), a global leader in intelligent, multi-domain robotic systems, today announced it has been awarded its second delivery order totaling $55.3 million of Switchblade® loitering munition systems as part of U.S. Army’s Directed Requirement (DR) for Lethal Unmanned Systems (LUS). The delivery is part of the 5-year contract from Army Contracting Command-Aberdeen Proving Ground that is Indefinite Delivery, Indefinite Quantity (IDIQ) with a contract ceiling value of $990M that was announced in August 2024.

“AV is proud to continue deliveries for this monumental contract ensuring the U.S Army has the most capable solutions in their possession,” said Brett Hush, AV’s senior vice president and general manager of Loitering Munition Systems. “Our expanded production capability and streamlined supply chain continue to deliver for the U.S Army, ensuring rapid fielding and support.”

Switchblade represents the next generation of extended-range loitering munition systems, providing operators in the field with a multi-mission loitering munition system capable of multi-domain operations. The combat-proven system also features high-precision optics and extended loitering endurance.

U.S. GAO Denies Protest of $990 Million Switchblade Systems Contract

December 17, 2024

Arlington, Va., December 17, 2024 – The U.S. Government Accountability Office (GAO) has denied the protest filed on September 6, 2024, challenging the U.S. Army’s sole-source award of a $990 million contract for AV’s Switchblade® systems.

This decision reaffirms confidence in the integrity of the Army’s procurement process and its thorough evaluation of operational requirements. AV is proud to continue delivering these combat-proven, mission-critical Switchblade systems to meet the warfighter’s operational needs.

“AV remains steadfast in our commitment to fulfilling this important contract and upholding our mission to provide innovative, relevant, and effective capabilities to those who serve and defend freedom,” said Wahid Nawabi, AV’s chairman, president, and chief executive officer.

AV to Acquire BlueHalo Establishing Next-Generation Defense Technology Company

November 19, 2024

Enables AV’s Entry into Key Segments and Strengthens Multi-Domain Capabilities
All-Stock Transaction Will Significantly Enhance Growth and Diversification
Companies to Host Conference Call Today at 8:00 A.M. ET

ARLINGTON, Va. – November 19, 2024 – AeroVironment, Inc. (NASDAQ: AVAV) (“AV” or the “Company”) and BlueHalo LLC (“BlueHalo”) today announced the execution of a definitive agreement under which AV will acquire BlueHalo in an all-stock transaction with an enterprise value of approximately $4.1 billion, creating a more diversified global leader in all-domain defense technologies. The combined company will bring together complementary capabilities to offer a comprehensive portfolio of high-growth franchises, powered by cutting-edge technology and focused on addressing the most important priorities and needs of our nation and allies around the globe.

BlueHalo, an Arlington Capital Partners portfolio company, was founded as a purpose-built platform providing industry-leading capabilities in several key mission areas: Space Technologies, Counter-Uncrewed Aircraft Systems (cUAS), Directed Energy, Electronic Warfare, Cyber, Artificial Intelligence and other Emerging Technologies including Uncrewed Underwater Vehicles (UUVs). Since its founding in 2019, BlueHalo’s notable accomplishments include being the first to successfully operationally field directed energy (DE) laser weapon systems (LWS) with its LOCUST LWS, being awarded Space Force’s multi-billion dollar program to transform space operations with BADGER, its adaptive phased array product and serving as a leader in Radio Frequency Counter-Unmanned Aerial Systems (RF C-UAS), delivering its 1000th system last year with its Titan and Titan-SV systems. BlueHalo has focused on cutting-edge research and development allowing for the development of products and services to transform the future of global defense.

BlueHalo estimates that it will achieve more than $900 million in revenues for 2024, in addition to funded backlog of nearly $600 million and a pipeline of multiple billion-dollar opportunities and programs of record. BlueHalo generated approximately $886 million of revenue in 2023, compared to $759 million and $660 million in 2022 and 2021, respectively.¹

The acquisition of BlueHalo will create a diversified Defense Tech company with a highly complementary and differentiated portfolio of solutions in Uncrewed Systems, short and long range Loitering Munitions, Counter UAS, Space Technologies, Electronic Warfare and Cyber, powered by AI and Autonomy. This combination will drive innovation, expand manufacturing capacity and enable us to better support our customers and their critical missions. AV expects that BlueHalo’s portfolio of 10 flagship solution families and more than 100 patents will seamlessly integrate with AV’s complementary existing expertise in the design, development, manufacturing, training and servicing of Uncrewed Systems, Loitering Munitions and Advanced Technologies. AV and BlueHalo believe that these synergies will primarily be identified as administrative and operational cost savings and sharing best practices from each company. The companies’ shared culture of agile innovation and mission expertise will enable the combined entity to develop and deliver next-generation technologies that will have significant military value and redefine the next era of Defense Technology. On a pro forma basis, the combined company is expected to deliver more than $1.7 billion in revenue.

"For over 50 years, AV has pioneered innovative solutions on the battlefield, and today we are poised to usher in the next era of defense technology through our combination with BlueHalo," said Wahid Nawabi, AV chairman, president and chief executive officer.

¹ All revenue figures for BlueHalo are presented as if all acquisitions made by BlueHalo and companies acquired by BlueHalo had been owned by BlueHalo for the entirety of the applicable calendar year, irrespective of the actual date of acquisition. Amounts will differ from revenue figures reported for BlueHalo under GAAP, which will only include revenue from and after the applicable date of acquisition. Amounts will also differ from any presentation made under Article 11 of Regulation S-X, which would not require inclusion of certain insignificant or immaterial acquisitions.

“BlueHalo not only brings key franchises and complementary capabilities, but also a wealth of technologies, diverse customers and exceptional talent to AV. Together, we will drive agile innovation and deliver comprehensive, next-generation solutions designed to redefine the future of defense. We are thrilled to welcome the talented BlueHalo team as we unite our strengths, expand our global impact and accelerate growth and value creation for AV shareholders.”

Jonathan Moneymaker, chief executive officer of BlueHalo, said, “BlueHalo was founded to address the most pressing challenges confronting the defense and national security community, from unconventional threats to near-peer adversaries. We have pioneered solutions for drone warfare, distributed autonomy, and the need for more robust and assured access to space in an increasingly contested, crowded and competitive domain. Through these efforts, we have earned our reputation as a trusted partner in defense innovation. By uniting with AV, we are building an organization equipped to meet emerging defense priorities and deliver purpose-driven, state-of-the-art solutions with unmatched speed. Together, we remain committed to protecting those who defend us while driving the next generation of transformational advancements in defense technology."

Strategic and Financial Benefits:

• Creates a diversified industry leader. This transaction brings together AV’s established portfolio of cutting-edge defense solutions with BlueHalo’s emerging and industry-defining technologies. This union will provide customers with a comprehensive suite of solutions across multiple domains—including air, land, sea, space and cyber. Together, AV and BlueHalo will create a leader in integrated defense technologies with a global footprint capable of addressing the full spectrum of modern defense.
• Increases agility and speed, with enhanced infrastructure, manufacturing capabilities and geographic footprint. The combined company will benefit from greater resources, enabling faster innovation and more efficient deployment of critical defense systems.
• Supports AV’s entry into additional key defense segments and builds on the Company’s strong track record of providing essential solutions. With BlueHalo’s portfolio, AV will enter into new segments that will significantly increase the Company’s total addressable market, including Counter-UAS, Directed Energy, Electronic Warfare, Cyber and Space technologies. The acquisition will bring with it BlueHalo’s key programs of record, deep customer relationships and strong backlog and pipeline, positioning the future company as a more robust and sustainable prime defense solution provider. This partnership will enhance AV’s ability to meet the evolving needs of the Department of Defense (DoD) and allied nations with a robust suite of innovative solutions.
• Diversifies mix of customers, products and revenue. The combined company is expected to achieve a more balanced and diversified customer base, product and revenue mix, benefiting from BlueHalo’s established presence in key emerging defense markets. The combined company will benefit from expanded geographical reach, with the ability to provide BlueHalo’s solutions to AV’s larger international customer base. By integrating complementary capabilities, AV will be well-positioned to generate sustained long-term value for shareholders.
• Generates attractive returns. AV expects the transaction to be accretive to revenue, adjusted EBITDA and non-GAAP EPS in the first full fiscal year post-close.

Transaction Details

The transaction, which has been unanimously approved by both companies’ board of directors or managers, is expected to close in the first half of calendar 2025, subject to regulatory and AV shareholder approvals, as well as other customary closing conditions.

Per the terms of the merger agreement, AV will issue approximately 18.5 million shares of AV common stock to BlueHalo.

Following the close of the transaction and based on AV’s shares outstanding as of November 18, 2024, AV’s shareholders will own approximately 60.5% of the combined company and BlueHalo’s equity holders will own approximately 39.5%, subject to closing adjustments. Arlington Capital Partners, an investment firm that is the majority owner of BlueHalo, will retain a significant ownership stake in the combined company.

We expect substantially all of the BlueHalo holders to enter lock-up agreements with respect to their transaction consideration, with 40% releasing 12 months post close and the remaining 60% to be released in equal tranches 18 and 24 months after the close.

Leadership, Governance and Headquarters

Following the completion of the transaction, AV Chairman, President and CEO Wahid Nawabi will be Chairman, President and CEO of the combined company. Jonathan Moneymaker, CEO of BlueHalo, will serve as a strategic advisor to Mr. Nawabi and the combined company Management Team.

Upon closing, the AV Board of Directors will be expanded to comprise 10 members. Arlington Capital Partners will have the right to appoint two directors to the Board, subject to minimum ownership thresholds.

The combined company will be at headquartered in Arlington, Virginia, at AV’s corporate headquarters.

Conference Call and Webcast

AV will host a conference call to discuss the transaction. Details are below.

Date: November 19, 2024

Time: 8:00 a.m. ET | 5:00 a.m. PT | 6:00 a.m. MT | 7:00 a.m. CT

Participant registration URL: https://register.vevent.com/register/BIe5d12b8272ca4a85b299c6205a7efea8

The live audio webcast will also be accessible via the Investor Relations section of AV’s website, http://investor.avinc.com. Please access the site 15 minutes before the event to ensure any necessary software is downloaded.

Advisors

RBC Capital Markets is serving as financial advisor and Latham & Watkins LLP is serving as legal advisor to AV. Joele Frank, Wilkinson Brimmer Katcher is serving as strategic communications advisor to AV. J.P. Morgan Securities LLC is serving as financial advisor and Goodwin Procter LLP is serving as legal advisor to Arlington Capital Partners and BlueHalo.

About AeroVironment, Inc.

AeroVironment (NASDAQ: AVAV) provides technology solutions at the intersection of robotics, sensors, software analytics and connectivity that deliver more actionable intelligence so you can Proceed with Certainty. Headquartered in Virginia, AeroVironment is a global leader in intelligent, multi-domain robotic systems, and serves defense, government and commercial customers. For more information, visit www.avinc.com.

About BlueHalo

BlueHalo is purpose-built to provide industry-leading capabilities in the areas of Space, C-UAS and Autonomous Systems, Electronic Warfare & Cyber, and AI/ML. The company develops and brings to market next-generation capabilities to support customers’ critical missions and national security. Learn more at http://www.bluehalo.com.

About Arlington Capital Partners

Arlington Capital Partners is a Washington, D.C.-area private investment firm specializing in government-regulated industries. The firm partners with founders and management teams to build strategically important businesses in the government services and technology, aerospace and defense, and healthcare sectors. Since its inception in 1999, Arlington has invested in over 175 companies and is currently investing out of its $3.8 billion Fund VI. For more information, visit Arlington’s website at www.arlingtoncap.com and follow Arlington on LinkedIn.

Statement Regarding Forward-Looking Information

This press release contains statements regarding the Company, BlueHalo, the proposed transactions and other matters that are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).  In some cases, forward-looking statements can be identified by words such as “anticipate,” “approximate,” “believe,” “plan,” “estimate,” “expect,” “project,” “could,” “should,” “strategy,” “will,” “intend,” “may” and other similar expressions or the negative of such words or expressions.  Statements in this press release concerning (i) the Company’s or BlueHalo’s expected future financial position, results of operations, revenues, business strategy, production capacity, competitive positions, growth opportunities, employment opportunities and mobility, plans and objectives of management and (ii) the Company’s proposed acquisition of BlueHalo, the expected benefits of the acquisition, including with respect to the business outlook or future economic performance, anticipated profitability, revenues, expenses or other financial items, and product or services line growth, the structure of the proposed acquisition, the closing date of the proposed acquisition, and plans following the closing of the proposed acquisition, together with other statements that are not historical facts, are forward-looking statements that are estimates reflecting management’s best judgment based upon currently available information.  Such forward-looking statements are inherently uncertain, and stockholders and other potential investors must recognize that actual results may differ materially from expectations as a result of a variety of factors, including, without limitation, those discussed below.  Such forward-looking statements are based upon management’s current expectations and include known and unknown risks, uncertainties and other factors, many of which the Company and BlueHalo are unable to predict or control, that may cause actual results, performance or plans to differ materially from any future results, performance or plans expressed or implied by such forward-looking statements.  These statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated in these statements as a result of a number of factors, including, but not limited to:

• the risk that the transaction described herein will not be completed or will not provide the expected benefits, or that we will not be able to achieve the cost or revenue synergies anticipated;
• the failure to timely or at all obtain Company stockholder approval for the acquisition;
• the inability to obtain required regulatory approvals for the acquisition;
• the timing of obtaining such approvals and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the acquisition;
• the risk that a condition to closing of the acquisition may not be satisfied on a timely basis or at all;
• the possible occurrence of an event, change or other circumstance that would give rise to the termination of the transaction agreement;
• the risk of shareholder litigation in connection with the proposed transaction, including resulting expense or delay in delay in closing of the transaction;
• the failure of the proposed transaction to close for any other reason;
• the diversion of the attention of the Company and BlueHalo management from ongoing business operations;
• unexpected costs, liabilities, charges or expenses resulting from the acquisition;
• the risk that the integration of the Company and BlueHalo will be more difficult, time-consuming or expensive than anticipated;
• the risk of customer loss or other business disruption in connection with the transaction, or of the loss of key employees;
• the fact that unforeseen liabilities of the Company or BlueHalo may exist;
• the risk of doing business internationally;
• the challenging macroeconomic environment, including disruptions in the defense industry;
• risks that the Company may not be able to manage strains associated with its growth;
• dependence on key personnel;
• stock price volatility;
• the effect of legislative initiatives or proposals, statutory changes, governmental or other applicable regulations and/or changes in industry requirements;
• the Company’s and BlueHalo’s ability to protect their intellectual property and litigation risks; and
• other risks and uncertainties identified in the “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Business” sections of the Company’s most recent Annual Report on Form 10-K and its subsequent Quarterly Reports on Form 10-Q, and other risks as identified from time to time in its Securities and Exchange Commission (“SEC”) reports.

Other unknown or unpredictable factors also could have a material adverse effect on the Company’s business, financial condition, results of operations and prospects.  Accordingly, readers should not place undue reliance on these forward-looking statements.  These forward-looking statements are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict.  Except as required by applicable law or regulation, neither the Company nor BlueHalo undertakes (and each of the Company and BlueHalo expressly disclaim) any obligation and do not intend to publicly update or review any of these forward-looking statements, whether as a result of new information, future events or otherwise.

No Offer or Solicitation

This press release is not intended to and does not constitute an offer to sell or the solicitation of an offer to subscribe for or buy or an invitation to purchase or subscribe for any securities or the solicitation of any vote in any jurisdiction pursuant to the proposed transactions or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law.  No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act.  Subject to certain exceptions to be approved by the relevant regulators or certain facts to be ascertained, the public offer will not be made directly or indirectly, in or into any jurisdiction where to do so would constitute a violation of the laws of such jurisdiction, or by use of the mails or by any means or instrumentality (including without limitation, facsimile transmission, telephone and the internet) of interstate or foreign commerce, or any facility of a national securities exchange, of any such jurisdiction.

Additional Information and Where to Find It

This press release is being made in respect of the proposed transaction between the Company and BlueHalo.  In connection with the proposed transaction, the Company will file with the SEC a registration statement on Form S-4, which will include a proxy statement and a prospectus, to register the shares of the Company stock that will be issued to BlueHalo’s shareholders (the “Proxy and Registration Statement”), as well as other relevant documents regarding the proposed transaction.  INVESTORS ARE URGED TO READ IN THEIR ENTIRETY THE PROXY AND REGISTRATION STATEMENT REGARDING THE TRANSACTION WHEN IT BECOMES AVAILABLE AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION.

A free copy of the Proxy and Registration Statement, as well as other filings containing information about the Company, may be obtained at the SEC’s website (http://www.sec.gov). You will also be able to obtain these documents, free of charge, from the Company at https://investor.avinc.com/ or by emailing .(JavaScript must be enabled to view this email address).

Participants in the Solicitation

The Company and its respective directors and executive officers may be deemed to be participants in the solicitation of proxies from its respective stockholders in respect of the proposed transactions contemplated by the Proxy and Registration Statement.  Information regarding the persons who are, under the rules of the SEC, participants in the solicitation of the stockholders of the Company in connection with the proposed transactions, including a description of their direct or indirect interests, by security holdings or otherwise, will be set forth in the Proxy and Registration Statement when it is filed with the SEC.  Information regarding the Company’s directors and executive officers is contained in its Annual Report on Form 10-K for the year ended April 30, 2024 and its Proxy Statement on Schedule 14A, dated August 12, 2024, which are filed with the SEC.

AV Unveils Advanced Software Updates to Enhance Puma UAS Capabilities in Contested Environments

November 14, 2024

Arlington, VA, November 14, 2024 – AeroVironment (AV) announces a powerful suite of software updates, called Project GOLD, that elevate the battlefield effectiveness of its Puma™ 3 AE and Puma™ LE, in contested environments. The new updates bolster the Puma uncrewed aircraft systems (UAS) to maintain reliable navigation and mission performance even when GNSS and communications signals are unreliable, unavailable or deliberately jammed. The software-only upgrades ensure Puma UAS can continue mission-critical tasks autonomously and securely, reducing reliance on GPS and enhancing survivability in hostile areas.

Featured Updates:

• GPS-Denied Capabilities: Puma 3 AE and Puma LE now support additional advanced Assured Position Navigation and Timing (APNT) capabilities in GNSS denied environments. 
• Visual Navigation (VNS): Providing greater capability utilizing Puma’s VNS system with end-to-end GNSS-denied operation and an additional layer of GNSS spoofing detection and rejection.
• Enhanced Radio Security: Enhanced security features with the latest software and UI/UX ensuring robust communications in contested environments.
• Increased Payload: Software update allows for 60% increase in Puma 3 payload capacity, up to 6.5lbs of total payload for advanced multi-mission support.

 “With these software enhancements, we’re reinforcing the adaptability and resilience of our Puma Systems for the most demanding battlefield conditions,” said Trace Stevenson, AV’s senior vice president and general manager of Uncrewed Systems. “These capabilities allow warfighters to maintain operational superiority, even when adversaries attempt to disrupt critical systems, ensuring greater mission success and survivability.”

 These new capabilities are delivered through software updates, requiring no hardware modifications to existing systems, thus offering a cost-effective and rapid upgrade path for deployed fleets. All new Puma systems will include these features, and currently fielded units can be easily upgraded using the Puma Software Update Kit.

AV Showcases JUMP 20’s Advanced Maritime Capabilities at NATO REPMUS Demonstration

October 15, 2024

Arlington, Va., October 15, 2024 – AeroVironment (AV) successfully showcased the maritime prowess of its combat-proven JUMP® 20 uncrewed aircraft system (UAS) during the NATO REPMUS 2024 (Robotic Experimentation and Prototyping using Maritime Uncrewed Systems) exercise off the coast of Portugal. This dynamic demonstration reinforced JUMP 20’s advanced Intelligence, Surveillance, and Reconnaissance (ISR) capabilities, autonomously launching and landing on a moving vessel in rough seas, with conditions reaching sea state level 5 and winds over 20 kts.

The JUMP 20 also highlighted its multi-sensor mission versatility, seamlessly executing wide-area search and detection tasks. Its advanced Electro Optical and Mid-Wave Infrared (MWIR) turret automatically slewed to investigate identified targets without repositioning the platform, ensuring constant operational focus.  Full-motion video was captured and later analyzed using AV’s cutting-edge computer vision technology, SPOTR-Edge™, enabling perception analysis using its robust library of object classifications, including persons, vehicles, and maritime vessels. Additionally, video from this event will further enhance the solution, making the JUMP 20 even more capable for future deployments by refining its object recognition and situational response capabilities.    

REPMUS is an annual exercise uniting NATO allies, European Union entities, industry leaders, and academic partners to push the boundaries of uncrewed maritime systems in real-world scenarios.

“We were honored to participate in this year’s REPMUS exercise, where we demonstrated JUMP 20’s maritime capabilities in action,” said Shane Hastings, AV’s vice president and general manager of Medium UAS. “The JUMP 20’s autonomous precision landing in challenging sea states – without the need for launch or recovery equipment – showcases the system’s unmatched flexibility. By enabling fully hands-free operations, we maximize operational safety and efficiency from takeoff to landing.”

AV’s successful demonstration at REPMUS 2024 reaffirms its commitment to pushing the boundaries of UAS technology for naval warfare. The JUMP 20’s proven ability to execute complex shipboard operations with minimal human intervention sets a new standard for maritime UAS operations, driving operational superiority at sea.

AV Secures $743 Million Additional Contract Ceiling for Switchblade Loitering Munition Systems

October 14, 2024

Arlington, Va., October 14, 2024 – AeroVironment (AV), a global leader in intelligent, multi-domain robotic systems, announced today that the U.S. Army has awarded a $54.9 million delivery order for the production of Switchblade® loitering munition systems. The recently announced award includes an additional contract ceiling of $743 million with $54.9 million in new funding.  This contract is issued as part of a broader, previously executed, indefinite delivery, indefinite quantity contract, and ensures continued support for both the U.S. Army and several allied partners, including Lithuania, Romania, and Sweden.

Work on this contract will be performed in Simi Valley, California, with an estimated completion date of June 30, 2026. The award, which leverages fiscal 2023 and 2024 Army funds along with Foreign Military Sales, highlights AV’s ongoing commitment to delivering proven, battlefield-ready technology that meets the evolving needs of modern armed forces.

“This contract allows us to continue delivering Switchblade systems to the U.S. Army and allied partners at speed with upgraded capabilities based on real-time battlefield feedback,” said Brett Hush, AV’s senior vice president and general manager of Loitering Munition Systems. “We are honored to provide the U.S. Army and our international partners with battle-proven technology.” AV remains focused on providing warfighters with superior, reliable, affordable systems at scale to meet the evolving requirements of its global defense customers.

AV Unveils P550: Autonomous Group 2 eVTOL UAS, Ushers in a New Era of Battlefield Adaptability and Mission Flexibility for Maneuver Forces

October 14, 2024

Arlington, Va., October 14, 2024 – AeroVironment (AV) has introduced the P550™ advanced autonomous Group 2 eVTOL uncrewed aircraft system (UAS) designed to set a new standard for battlefield adaptability and operational readiness. Leveraging a Modular Open Systems Approach (MOSA) and AI-driven autonomy, P550 is engineered to empower maneuver forces to quickly respond to evolving mission demands with rapid deployment, scalability, and superior situational awareness.

Unveiled at the Association of the United States Army’s (AUSA) Annual Meeting, the P550’s all-electric powertrain provides flight endurance of over 5 hours and a multi-sensor payload capacity of up to 15 pounds. This endurance and payload capability deliver critical intelligence gathering, precision targeting, and force protection in dynamic and contested environments.

"Warfighters today require systems that can quickly adapt to fluid combat scenarios, providing unmatched reliability and flexibility,” said Trace Stevenson, AV’s senior vice president and general manager of Uncrewed Systems. “P550 meets these needs through an adaptable, field-reconfigurable design that allows rapid, on-the-fly adjustments for evolving operational requirements.”

At the core of P550 is its MOSA framework, enabling seamless integration with third-party payloads, datalinks, ground control systems, and mission software. This open and scalable architecture not only future-proofs the UAS for continuous upgrades but also keeps pace with technological advancements at low cost and risk. P550's standard interfaces allow interoperability with multiple ground control systems providing operators with mission flexibility and compatibility across various platforms. 

Purpose-built for rapid deployment in any environment, P550’s modular design features toolless airframe assembly with hot-swappable batteries and multi-sensor payloads ensuring maximum operational readiness. For enhanced lethality, the UAS supports a range of offensive capabilities, including laser designation, sensor-to-shooter functionalities, and proven munitions. Its modular communication architecture further boosts operational resilience by offering flexible datalink options, maintaining reliable performance even in complex, contested environments.

P550 integrates AV’s SPOTR-Edge™ Automatic Target Recognition (ATR) and AVACORE™ software suite for onboard edge computing. These advanced AI capabilities enable the UAS to autonomously detect and classify operationally relevant objects—ranging from personnel and vehicles to aircraft and maritime vessels—day or night, ultimately enhancing situational awareness and tactical decision-making on the battlefield.

Building on AV’s three-decade legacy of delivering reliable, combat-proven UAS, P550 demonstrates a continued commitment to providing intelligent, autonomous platforms that ensure operational superiority. The system’s modular, future-ready architecture allows for continuous evolution, meeting the demands of today’s battlefields while remaining prepared for the challenges of tomorrow.

AV Showcases Next-Generation Defense Robotics at DEVCON 2024 in Orlando

October 07, 2024

Arlington, Va., October 7, 2024 – AeroVironment (AV), a global leader in intelligent, multi-domain robotic systems, hosted the inaugural Defense Robotics Developers Conference (DEVCON) in Orlando, Florida. The premier event brought together key stakeholders in defense robotics to explore the latest innovations in uncrewed systems and promote collaborative advancements in technology and operational solutions.

Brad Truesdell, AV’s senior vice president of global sales, business development, & inside sales operations, outlined AV’s vision for the future of defense robotics, emphasizing interoperability across multiple domains, streamlined software integration, and faster, more cost-effective solutions for defense partners. “At AV, we are committed to delivering cutting-edge capabilities that enable our partners to stay ahead in a rapidly evolving defense landscape. Our focus on collaboration within the U.S. supply chain ensures we continue to drive innovation while meeting the critical needs of our defense customers,” said Brad Truesdell.

Wahid Nawabi, AV’s chairman, president, and CEO emphasized the broader strategic importance of the conference: “DEVCON represents the future of defense robotics. By bringing together the best minds and fostering collaboration, we’re shaping the defense solutions of tomorrow, ensuring they are interoperable, scalable, and adaptable to meet the complex needs of our nation’s defense ecosystem.”

DEVCON 2024 featured presentations from distinguished leaders across the defense industry. Captain Jonathan Haase (U.S. Navy) discussed strategies for building resilient robotics and AI systems capable of operating under extreme conditions. Lieutenant General Rudder (Ret.), former Commanding General of Marine Forces Pacific, addressed the strategic importance of uncrewed systems in the Asia-Pacific region. Lane Duhon, Army Portfolio Manager for Reveal Technology, highlighted how AI can enhance real-time operational intelligence, and Derek Davis, CRO for Vermeer, discussed autonomous solutions for navigation in GPS-denied environments.

The event provided an opportunity to engage with influential decision-makers, strengthening partnerships and ensuring the continued deployment of next-generation defense robotics solutions.

AV Successfully Flight Tests New Solar-Powered Aircraft, Redefines Stratospheric Payload Capabilities

October 01, 2024

ARLINGTON, Va., Oct 1, 2024 – AeroVironment (AV) flight-tested an upgraded Sunglider™, enhancing its High-Altitude Platform-Station (HAPS) capabilities for commercial and government markets. The result is Horus™ A, the new version of Sunglider for government applications. Horus A is a solar-powered UAS capable of carrying up to 150 lb of payload with 1.5 kW of available power, offering industry-leading stratospheric performance.

Horus A features enhancements in all areas of the aircraft design, avionics, and offers unique features such as additional autonomy to increase mission flexibility and multiple redundant systems for mission assurance. Horus A received airworthiness approval from the U.S. Army and an FAA Special Airworthiness Certificate to allow flight testing in the national airspace. These enhancements flow back into the continued development of Sunglider with SoftBank as both companies strive to deliver unrivaled payload capacity and persistence to unlock the full potential of both stratospheric flight and the latest, most capable payloads.

"During this recent Horus A flight, we demonstrated the ability to carry multiple payloads for the U.S. DoD and transmit real-time data, advancing the viability of HAPS for government applications," said Jeff Rodrian, AV’s senior vice president and general manager of MacCready Works. "This flight marks another milestone in our stratospheric platform’s progress. It underscores AV’s leadership in developing solar-powered, high-altitude systems with significant potential for commercial and government applications."

Continuing AV’s tradition of industry-defining firsts, Horus A simultaneously operated a Synthetic Aperture Radar (SAR), and Tactical Grade Mesh Network radio during the mission portion of the flight. Covering the majority of the flight test points, AV was able to validate multiple new and redundant systems, payload interoperability and performance enhancements. AV also demonstrated the ability to effectively maneuver in adverse and turbulent weather, landing safely, ready to return to the Stratosphere for future longer-duration missions. Horus A’s satellite-based BLOS radio and robust avionics and datalink suite will enable this platform to fill critical defense capability gaps such as resilient communications and network extension, Assured Positioning, Navigation and Timing (APNT), Space Domain Awareness, long-endurance ISR, and deep sensing. Many of these capabilities can enable swarms of smaller uncrewed systems like Switchblade^® 600 to be most effective on the battlefield. 

After this recent stratospheric flight, which was supported by the Office of the Under Secretary of Defense Research and Engineering, and the Rapid Prototyping Programs, AV will continue aggressively progressing Horus A towards operational employment. Through continued partnership with SoftBank, the company aims to offer a robust connectivity solution in the world of 5G and beyond with Sunglider.

Archana Nirwan Joins AV as Chief People Officer

September 11, 2024

ARLINGTON, Va., September 11, 2024 – Archana Nirwan has joined AV as Chief People Officer. In alignment with the company’s ongoing growth and commitment to fostering innovation, Nirwan will lead AV’s global People & Culture strategy, overseeing all aspects of talent management, organizational development, and human resources operations. She will be based at AV’s Simi Valley, California campus.

"Archana's global HR expertise and proven leadership in talent management will be instrumental as we continue to strengthen our people strategy," said AV’s chairman, president and CEO, Wahid Nawabi. "Her ability to cultivate high-performing teams across diverse industries, coupled with her passion for innovation, makes her an invaluable addition to our leadership team. We are excited to welcome her aboard."

Nirwan’s career includes senior HR roles at Cambium Networks, Qualcomm, Fidelity Investments, and Cadence Design Systems. With over 20 years of global experience, she has led HR transformations, talent retention strategies, and cultural initiatives across high-tech and financial sectors. Her expertise spans mergers and acquisitions, workforce planning, organizational design, and building a "best-in-class" employee experience.

"I’m excited to join AV and contribute to the company’s strong foundation of innovation and talent,” said Nirwan. “AV has already built an impressive culture and people strategy. My goal is to refine and elevate that further, ensuring we continue to empower our teams to drive the company’s success.”

Archana Nirwan’s appointment reflects AV’s focus on fostering a dynamic work environment, supporting its mission to deliver innovative solutions to its global customers.

 

AV Secures $990M Contract to Supply U.S. Army with Switchblade Loitering Munitions

August 28, 2024

ARLINGTON, Va., August 28, 2024 – AeroVironment (AV) has been awarded a contract for the U.S. Army’s Directed Requirement (DR) for Lethal Unmanned Systems (LUS). The 5-year contract from Army Contracting Command-Aberdeen Proving Ground is Indefinite Delivery, Indefinite Quantity (IDIQ) with a contract ceiling value of $990M. Deliveries of the Switchblade® systems are expected to begin in months.

The LUS Directed Requirement is the Army’s first effort to equip soldiers in infantry battalions with lethal, man-portable loitering munition systems. The combat-proven Switchblade systems will enhance soldiers' capabilities with precision flight control, greater lethality against fortified targets such as armored vehicles and tanks, and the ability to track and engage moving non-line-of-sight targets. AV was awarded a contract for the LUS Directed Requirement in December 2023 and is currently delivering systems under that contract.

“AV is proud to have been selected to provide Switchblade for this critical and urgent Army requirement,” said Brett Hush, AV’s senior vice president and general manager of Loitering Munition Systems. “This latest contract underscores the unmatched maturity and effectiveness of our system, as well as AV’s strategic positioning to rapidly produce and deliver these cutting-edge solutions to operators in the field.”

Switchblade represents the next generation of extended-range loitering munition systems, providing operators in the field with a multi-mission loitering munition system capable of multi-domain operations. The combat-proven system also features high-precision optics and extended loitering endurance.

“Starting with the LUS Directed Requirement, we are well positioned to meet the Army’s emerging needs, leveraging our robust production capability and supply chain capacity to ensure rapid fielding and enhanced combat overmatch for our soldiers,” continued Hush.

This contract further solidifies AV’s role as a leading provider of innovative unmanned solutions. The company remains committed to supporting the U.S. Army’s mission by delivering advanced technology that ensures operational superiority and enhances the safety and effectiveness of our military personnel.

AV Introduces New Washington Operations Team

July 22, 2024

AeroVironment Strengthens Washington D.C. Presence with New Government Relations Team

ARLINGTON, Va., July 22, 2024 – In line with AeroVironment's (AV) continuous growth trajectory, the company is bolstering its presence at its global headquarters in Arlington, Virginia, by establishing a robust government relations team. Led by Senior Vice President of Government Relations, Church Hutton, the new team comprises seasoned professionals Rachel Lipsey, Bill Pennington, Chris Meyers and Rocky Checca.

"AV has been a cutting-edge company for over 50 years and is trusted by the national security enterprise to deliver innovative solutions and advanced technologies for critical missions and rapidly evolving demands. Our exponential growth and expanding influence are a testament to our innovation and reliability,” said Hutton. “We are reinforcing this momentum by investing in a stellar team capable of effectively broadening AV’s reach within the executive branch and on Capitol Hill. Our newly formed team has decades of combined experience in service to our country, both in uniform and within our government, and they bring a deep understanding of the national security landscape and today’s complex global threat matrix.”

Rachel Lipsey, Senior Director for Washington Operations overseeing congressional affairs, joined AV from The Boeing Company, where she led congressional engagement and strategic advocacy on defense acquisition. Prior to her tenure at Boeing, Lipsey held staff positions in the U.S. Senate, U.S. House of Representatives, and state government, advising on defense policy and national security matters.

Bill Pennington, also a Senior Director for Washington Operations focusing on congressional affairs, has extensive experience with federal appropriations and congressional relations. Pennington held a variety of increasingly prominent roles in the U.S. Navy before joining AV, including commanding aviation units at the squadron and wing levels. He most recently served as the Director of the Navy and Marine Corps Congressional Appropriations Matters Office, bringing vast expertise in defense resourcing and requirements.

Chris Meyers, Senior Director for Washington Operations, works with the Executive Branch in support of domestic business development. Before joining AV, Meyers served as the Director of Business Development for government programs at CesiumAstro. His distinguished military career in the Marine Corps saw him command units at all levels within the armor community, retiring as a Colonel. Meyers also served as a Congressional Fellow, Legislative Liaison, Budget Programmer, and Director of the Marine Liaison Office to the U.S. House of Representatives.

Rounding out the team is Rocky Checca, Director for Washington Operations, who works closely with the Legislative and Executive branches, foreign embassies, industry associations, and think tanks in support of AV’s international affairs. Checca retired from the Marine Corps as a Lieutenant Colonel and served as a Presidential helicopter pilot in Marine Helicopter Squadron One. He conducted deployments to Iraq in direct support of combat operations. He also served as a Congressional Defense Fellow for Congressman Ken Calvert (CA-42) and Deputy Director of the Marine Liaison Office to the U.S. House of Representatives.

Leading the team is Church Hutton, who joined AV in December 2023 and oversees the company’s strategic engagement with the Department of Defense (DoD) and Congress. “Our team brings a wealth of knowledge and experience to AV and has already hit the ground running on increasing and enhancing awareness of AV with our government customers and elected officials,” continued Hutton.

This strategic investment reinforces AV's commitment to maintaining its leadership in the uncrewed systems defense sector and ensures the company’s innovative contributions to national security are effectively communicated to all stakeholders.

Taiwan to Receive AV’s Switchblade 300 Loitering Munition Systems

July 02, 2024

ARLINGTON, Va., July 2, 2024 – The U.S. Department of State announced approval of a possible foreign military sale of AeroVironment (AV) Switchblade^® 300 loitering munition systems to Taiwan for an estimated $60.2 million. The proposed sale will bolster Taiwan’s defensive capabilities and supports U.S. national security and economic interests in the Indo-Pacific region.

AV’s combat-proven Switchblade 300 systems have been deployed by the U.S. Army for more than a decade and are currently providing real-time ISR and precision strike support on battlefields in Ukraine. Ideal for use against beyond-line-of-sight targets, Switchblade systems were previously approved by the U.S. Government for use by Ukraine, France, the United Kingdom and additional allies after Russia’s 2022 invasion of Ukraine. The latest iteration of the system – Switchblade 300 Block 20 – features alternative warheads, including an armor penetrating capability, increased target attack angle, and significantly greater battery life, flight endurance, and radio link range.

“Switchblade 300 continues to be a critical weapon employed by the U.S. and its allies to defend homelands and operational forces against adversaries,” said Brett Hush, AV’s senior vice president and general manager for Loitering Munition Systems. “We have proven in steady combat against modern enemies that Switchblade 300 provides forces a competitive edge on the battlefield, introducing precise, long-range fires well beyond their current capabilities.”

The backpackable, lightweight Switchblade 300 offers operators the flexibility to rapidly maneuver on the ground, in and out of vehicles, or within fixed defensive positions prior to launch. Real-time video, GPS coordinates, selectable warheads, and wave-off capabilities provide the operator a proven, reliable asset that can be employed in various domains.

“AV looks forward to supporting the U.S. and Taiwan in rapidly fielding these highly effective weapon systems to deter aggression, defend the airspace and waters around Taiwan, and assist in maintaining political stability,” continued Hush.

AV Successfully Flight Tests JUMP 20 VTOL UAS with a Heavy Fuel Engine

June 18, 2024

Heavy fuel engine provides JUMP 20 with greater performance, efficient fuel consumption and longer operational lifespan

ARLINGTON, Va., June 18, 2024 – AeroVironment (AV) successfully demonstrated its JUMP^® 20 uncrewed aircraft system (UAS) with a heavy fuel engine. The higher horsepower and lower fuel burn rate provided by the heavy fuel engine expands the capabilities of AV’s proven JUMP 20 platform. Integration of the heavy fuel engine further establishes the JUMP 20 as a multi-domain multi-mission UAS capable of autonomously operating in challenging conditions.

“The addition of a heavy fuel engine to the JUMP 20 provides global forces an unparalleled VTOL solution with a longer operational lifespan, greater performance and efficient fuel consumption. It is well suited for land and sea domains where available fuel sources could be dictated by the respective logistics support plan,” said Shane Hastings, AV’s vice president and general manager of Medium UAS. “Heavy fuel compatibility continues to be a strong requirement for many customers, and we’ve made great strides in making our proven JUMP 20 fully compliant with these requirements.”

AV’s JUMP 20 is a vertical take-off and landing (VTOL), fixed-wing UAS with 13+ hours of endurance and an operational range of 185 km (115 mi). The 15 hp engine is purpose-built for uncrewed systems and capable of running on multiple fuels and gasoline. With over 15 hp output, the high endurance, minimal fuel burn engine also requires less frequent maintenance cycles and overhauls. It is lighter than traditional gasoline engines and has an auto-start capability that delivers customers a simplified UAS requiring less operator engagement to operate and sustain.

“With successful test flights under our belt, AV is excited to continue system testing and further optimizing JUMP 20 with heavy fuel capabilities. This milestone further demonstrates AV’s ability to deliver highly mature and reliable systems capable of working in the most extreme environmental conditions,” continued Hastings.

AV to Develop its Wildcat Autonomous VTOL UAS for DARPA’s ANCILLARY Program

May 28, 2024

ARLINGTON, Va., May 28, 2024 – AeroVironment (AV) was down selected by the Defense Advanced Research Projects Agency (DARPA) for continued development of its X-Plane design for the agency’s AdvaNced airCraft Infrastructure-Less Launch And RecoverY (ANCILLARY) program. AV’s offering – Wildcat – is a Group 3 vertical take-off and landing (VTOL) uncrewed aircraft system (UAS) developed specifically to execute ship-based operations in challenging maritime environments. 

“We have prioritized controllability to ensure Wildcat meets the ‘anytime, anywhere’ goal of DARPA’s ANCILLARY program,” said AV’s Vice President of MacCready Works Chris Fisher. “Wildcat leans on autonomy to reduce operational burdens while enabling safe, infrastructure-less launch and recovery in challenging conditions from a range of Navy ships.”  

Wildcat leverages AV’s SPOTR-Edge machine learning-enabled computer vision to enhance mission effectiveness. This capability builds on operational learnings AV has gained as a leader in the Group 1 to 3 UAS space with millions of operational flight hours on its Raven^®, Puma™ AE, and JUMP^® 20 uncrewed systems.

ANCILLARY calls for the development of a low-weight, large-payload, long-endurance VTOL UAS for missions executed by the U.S. Navy and Marines. AV’s Wildcat pushes beyond current Group 3 UAS offerings and provides expanded mission capabilities to address and overcome evolving threat landscapes. 

Designed specifically for the ANCILLARY program, Wildcat meets DARPA’s objectives for a 450 nautical mile (nmi) mission radius and over 12 hours of endurance on station with 60 lbs of payload. Additionally, Wildcat exceeds program objectives for sea state recovery and cruise speed, with the ability to operate in high sea states and winds, and dash over 100 knots to quickly cover long distances over sea or land.  

Wildcat’s large modular payload capacity will enhance mission responsiveness and flexibility, and its tail-sitter design requires fractional infrastructure and footprint compared to other offerings. It is designed to operate as part of a larger fleet of Wildcat UAS that leverage collision-avoidance and autonomy to deconflict airspace and collaborate to perform search missions in degraded or denied airspace.  

“Our solutions are specifically crafted for the operator and Wildcat is no exception. AV has a strong history of seamlessly integrating our systems into a soldier’s daily operations and we look forward to further developing this design in partnership with DARPA and the Office of Naval Research for the ANCILLARY program,” continued Fisher. 

AV’s Switchblade 600 Selected for Tranche 1 of the U.S. Department of Defense’s Replicator Initiative

May 07, 2024

ARLINGTON, Va., May 7, 2024 – AeroVironment’s (AV) Switchblade 600 loitering munition system has been selected for Tranche 1 of the first iteration of the U.S. Department of Defense’s (DoD) Replicator initiative. AV’s Switchblade 600 is a man-portable, extended-range loitering munition system equipped with an anti-armor warhead for engaging larger, hardened targets at greater distances. The first iteration of the Replicator initiative aims to accelerate all-domain, attritable autonomous systems to warfighters at speed and scale.

The first iteration of the Replicator initiative will field thousands of autonomous systems across multiple domains within the next 18-24 months, as part of the Pentagon's strategy to counter peer adversaries’ rapid military buildup. The initiative will prioritize the fielding of attritable capabilities — affordable uncrewed platforms that allow commanders to tolerate a higher degree of risk in employing these “force multiplying” systems.
“Switchblade 600 is a battle-proven system in full-rate production that can support the DoD’s desire to field thousands of autonomous systems across multiple warfighting domains,” said AV’s SVP of Loitering Munition Systems, Brett Hush.

Equipped with advanced sensors and precision flight control, Switchblade 600 is capable of quick and easy deployment via tube launch and can fly, track and engage non-line of sight targets. Switchblade 600’s patented wave-off and recommit capability allows operators to abort the mission and re-engage as the mission requires.

“Our uncrewed systems, autonomy technology and computer vision software can help achieve multidomain operations in a heavily contested battlespace, at very low costs and high levels of resiliency,” continued Hush. “We have not only invested in the maturation of such disruptive technologies but also the production capability and capacity to produce large volumes at the level of reliability that the U.S. DoD expects.”

AV Unveils New AI Capability and Autonomy Kit for Unmanned Systems

April 23, 2024

AV’s Autonomy Retrofit Kit (ARK) and AVACORE software deliver a suite of new single or multi-agent mission capabilities to autonomous systems

ARLINGTON, Va., April 23, 2024 – AeroVironment (AV) has introduced its Autonomy Retrofit Kit (ARK) and AVACORE software demonstrating the company’s commitment to advancing autonomy and machine learning capabilities to increase effectiveness of autonomous systems and reduce operator burdens. ARK and AVACORE bring AV’s accelerated autonomy to fielded assets such as Puma™ 3 AE and Puma™ LE, in addition to future autonomous systems.

ARK is a quick-connect payload introducing a new suite of intelligent mission capabilities for Group 1+ unmanned aircraft systems (UAS). Providing edge computing for mission-critical applications, ARK enables operators to task a single or multi-vehicle team with mission objectives for fully autonomous execution while operating in communications-contested environments. ARK also intelligently integrates with distributed groups of dismounted units in a Mobile Ad Hoc Network (MANET) using the Android Team Awareness Kit (ATAK).

AVACORE is AV’s autonomy software providing an open framework for unmanned systems. It features a modular set of interfaces such as autopilots, radios and sensors, and supports rapid integration with new platforms and applications. ARK also comes preinstalled with SPOTR-Edge, AV’s computer vision software, for onboard detection, classification, localization, and tracking of operationally relevant objects including people, vehicles, aircraft, and maritime vessels, day or night.

“ARK and AVACORE provide enhanced capabilities and critical advantages to warfighters on complex battlefields,” said AV’s Senior Vice President of MacCready Works, Jeff Rodrian. “This payload combines AV’s unparalleled autonomy and field-proven computer vision SPOTR-Edge to accelerate awareness and mission success.”

Through the combination of autonomy and computer vision, ARK and AVACORE allow operators to select a wide variety of single or multi-agent capabilities including multi-region search, track and follow and more. The introduction of these systems builds upon AV’s proven and trusted family of autonomous systems, bringing a scalable, adaptable AI toolset to fielded and new assets for safer, smarter mission capabilities.

“AVACORE features an intuitive behavior tree approach allowing flexibility for rapid development and adoption of new autonomous missions,” continued Rodrian. “This results in smarter systems with reduced cognitive load for warfighters.”

Click here to request additional information on AV’s ARK and AVACORE.

AV’s Switchblade 300 Selected for U.S. Marine Corps’ Organic Precision Fires-Light Program

April 18, 2024

The Switchblade 300 Block 20 system is battle-proven and production-ready to support Marine Infantry

ARLINGTON, Va., April 18, 2024 – AeroVironment (AV) was selected by the U.S. Marine Corps for the first phase of the Organic Precision Fires-Light (OPF-L) program of record. AV’s Switchblade 300 Block 20 loitering munition system (LMS) will provide the Marine Corps with organic, anti-armor/anti-personnel, precision fires capability at the tactical level. AV was awarded an initial order of $8.9M on a contract with a maximum potential value of $249M.

AV’s Switchblade 300 Block 20 supports the OPF-L program’s request for an individually operated, man-portable loitering munition with a lightweight, precision-guided capability against beyond- line-of-sight adversaries. Switchblade 300 will ensure that Marines are properly equipped and sustained with a lethal, reliable, organic capability for rapid target engagement while minimizing collateral damage and exposure to threat weapon systems.

“AV offers a battle-proven and production-ready system to support OPF-L to meet the Marine Corps’ requirements,” said AV’s Senior Vice President of LMS, Brett Hush. “Our mature and trusted manufacturing capability combined with world-class training and support will ensure Marine Infantry is adequately prepared for the fight.”

AV’s Switchblade 300 has been deployed in support of urgent operational needs to combat theaters since 2012. Switchblade 300 Block 20 is the next generation of the system that capitalizes on over a decade of user assessments, combat deployments, and lessons learned from the conflict in Ukraine, including operating in contested environment operations.

The Switchblade Block 20 system significantly expands on the currently fielded Switchblade 300 capabilities, including armor penetrating capability through an Explosively Formed Penetrator (EFP) warhead, increased target attack angle, and significantly greater battery life, flight endurance, and radio link range.

“With over 6,000 Switchblade loitering missiles tested, produced, and fielded, AV is in a unique position to offer revolutionary organic precision fire capabilities to the USMC, leveraging the proven reliability, producibility and supportability of current Switchblade programs,” continued Hush.

AV Enters Teaming Agreement with Parry Labs to Develop Modular Next-Generation Long Range Reconnaissance UAS

April 15, 2024

ARLINGTON, Va., April 15, 2024 – AeroVironment (AV) has entered into an exclusive teaming agreement with Parry Labs, a leader in Modular Open Systems Approach (MOSA), to architect, develop, deliver and integrate digital engineering, software, and mission system hardware into AV’s upcoming P550 uncrewed aircraft system (UAS), purpose built for the U.S. Army’s Long Range Reconnaissance (LRR) program.

Parry Labs’ team of MOSA leaders and digital systems experts have created a foundational platform using an open and intelligent software stack, SWaP-C optimized hardware, and a digital engineering environment for collaborative build, test and integration. Designed with MOSA principles from inception, AV’s P550 UAS is perfectly aligned to adopt solutions from trusted partners such as Parry Labs to maximize warfighter capability and mission flexibility.

 “Our customers rely on AV’s market-leading UAS to perform critical missions in challenging and hostile environments, while offering a verified and validated MOSA architecture from both software and hardware standpoints in order to eliminate vendor lock,” said AV’s Vice President of Engineering, Cris Sapera. “By teaming with Parry Labs, our valued P550 customers can expect a truly open system architecture that will have predefined Major System Components with validated open interfaces for quick, seamless replacement as needed.”

“We are excited to partner with AV to bring the benefits of MOSA to the enterprise,” said Parry Labs Chief Technology Officer, Dave Walsh. “Using an open systems approach on P550 provides the U.S. Army’s Uncrewed Aircraft Systems and Aviation offices reusable and portable infrastructure and capabilities, giving them the opportunity for fast and secure upgrades across programs and platforms.” 

AV’s MOSA-enabled P550 UAS is purpose built for long range reconnaissance missions and features advanced AI and autonomy, maximum payload versatility, and rapid employment capabilities.

ABOUT PARRY LABS, LLC
Parry Labs redefines the edge for the modern battlespace with digital systems integration that delivers rapid capability deployment and a decisive combat advantage. The company combines open software architecture and mission-proven hardware to create a common framework that’s integrated, agile and designed to deliver the most mission-critical technology at mission relevant speed across all services and domains. For more information, visit Parry Labs and follow us on LinkedIn.

AV’s Puma 3 AE Now Offers Extended Endurance of Up To 3 Hours

February 14, 2024

ARLINGTON, Va., Feb. 14, 2024 – AeroVironment’s PS2500 battery is now approved for use in the Puma™ 3 AE unmanned aircraft system (UAS). The optional PS2500 battery allows operators to achieve extended endurance of up to three hours of flight time. The increased endurance provides operators with greater mission flexibility and time on station across land and maritime operations. 

“The new PS2500 battery offers both new and current Puma customers the opportunity to dramatically expand the duration of their operations, enabling more ground covered in a single flight,” said Brad Truesdell, AeroVironment’s vice president and general manager of small UAS (SUAS). “Adding longer endurance capabilities to Puma's existing flexible launch options and modularity makes it a truly unparalleled asset for various types of operations.”

Puma customers can now choose between the standard smart battery with two and a half hours of endurance, or the PS2500 battery with three hours of endurance. The high-energy-density lithium-ion PS2500 battery pack features an improved capacity of 24.5Ah (amp-hours) while retaining the size and form factor needed to be seamlessly integrated into Puma 3 AE’s existing battery bay and is also interoperable with Puma LE as a Line Replaceable Unit (LRU).

AeroVironment’s Tomahawk Product Line Awarded $2.67 Million Contract by the Department of Defense for Grip Tab Active Controllers

February 08, 2024

ARLINGTON, Va., February 8, 2024 –  AeroVironment’s Tomahawk product line has been awarded a $2.67 million contract from Advanced Technology International (ATI) that will be managed by the U.S. Marine Corps Warfighting Lab (MCWL). This contract supports the Marine Corps’ Force Design 2030 and other Department of Defense (DoD) initiatives of enhancing lethality and mission success across the warfighting functions.

Under the contract, AeroVironment will deliver prototype Tomahawk Grip Tab Active (Grip TA) controllers and supporting test kits, allowing the DoD to evaluate the technical capabilities for future operations. RAID System, provides a large screen and ensures current and future cyber, safety, and fire control requirements are met.

The Tomahawk Grip TA controllers will be part of the larger Kinesis Ecosystem that already includes 20+ robotic systems, various input devices, and numerous AI-enhanced capabilities. This ecosystem uniquely enables multi-domain, many-to-many UxV operation through a single user interface, all while reducing the physical and cognitive burdens placed on the operator.

“AeroVironment is excited to deliver these systems to the DoD,” said Scott Bowman, Tomahawk Robotics product line manager at AeroVironment. “The tablet-based Grip Tab Active Controller will provide a larger viewing area and dedicated safety functions to operate large vehicles and weapon systems, all while maintaining the low-profile, ruggedized design our customers have come to expect from the Tomahawk product line. This controller will improve operator efficiency and unlock new use cases such as fire control and sensor-to-shooter.”

This contract extends the ongoing work between the Tomahawk Robotics product line and the DoD to provide a common controller for the DoD’s tactical robotic systems.

About Tomahawk Robotics 

Tomahawk Robotics is the visionary force behind the groundbreaking Kinesis Ecosystem, an unmatched tactical capability designed for the warfighter first. At the heart of this innovation lies Kinesis, an AI-enhanced and open architecture common control system that seamlessly integrates the network of battle-proven UxVs, sensors, and third-party software onto a single glass pane. Powered by innovation, the Kinesis Ecosystem delivers targeted situational awareness and precision strike capabilities for the human-machine team across the battlespace.

AeroVironment Announces First Successful Multi-Drop, Live Fire GPS-Guided Shryke Munitions from a VAPOR 55 MX Unmanned Aircraft System

January 09, 2024

ARLINGTON, Va., January 09, 2024 –  AeroVironment, Inc. announced today the first successful multi-drop, live fire GPS-guided Shryke munitions from the VAPOR® 55 MX, all-electric unmanned aircraft system in collaboration with Corvid and L3Harris Technologies. The VAPOR 55 MX carried four rounds simultaneously and flawlessly showcased the live fire effects of this capability.  The integration of Shryke munitions on the VAPOR 55 MX allows for multiple targets to be designated in one single flight. “Shryke’s size and weight make it the ideal choice for the weaponized VAPOR 55 MX.  The lethality of a 40mm anti-armor modular warhead paired with a lightweight glider provides a highly effective, low-collateral damage solution to the front lines,” said Kyle Bowen, Corvid’s Shryke business development director.

Shryke, developed by Corvid Technologies and L3Harris Technologies, is known for its versatile, multi-mission precision strike capability, meeting the requirement to stay within 1-2 meters of the designated target. Equipped with a MIL-STD-1316 Electronic Safe and Arm Device (ESAD), L3Harris’ integrator guarantees safety-critical initiation-on-command for energetic systems and facilitates the secure post-flight recovery of remaining installed munitions.  “Collaborating with our partners to develop the multi-drop Shryke payload to integrate seamlessly with the Modular Open Systems Approach (MOSA) design of the VAPOR 55 MX gives us a real market advantage.  Quick integration for the warfighter continues to be our top priority,” said Jason Wright, AeroVironment’s senior product line manager.  

The open software and hardware architecture provides added versatility to the VAPOR 55 MX and continues to allow customers to integrate third-party payloads of their choice without being impacted by excessive non-recurring engineering costs and schedule delays.

AeroVironment Awarded $16 Million U.S. Navy Contract for the Advancement of Video Analytics and Computer Vision Research to Support Multi-Domain Robotics Initiatives

December 12, 2023

ARLINGTON, Va., December 12, 2023 –  AeroVironment, Inc. today announced it received a $16,098,922 cost-plus-fixed-fee contract from the U.S. Navy for the advancement of video analytics and computer vision research to support multi-domain robotics initiatives. This contract is in support of the Small Business Innovation Research Phase III “Automated Entity Classification in Video Using Soft Biometrics” and will be managed by the Naval Air Warfare Center Aircraft Division in Lakehurst, New Jersey.

AeroVironment's focus is on developing a video analytics software ecosystem for the government that can be used across platforms (both internal and external to AeroVironment) to provide enhanced situational awareness and capabilities for the warfighter in a wide range of mission areas. 

“This is a multi-year effort that will allow us to explore and implement new research initiatives and provide critical processing capabilities to AeroVironment products, integration partners, and other research organizations,” said Jeff Rodrian, senior vice president and general manager for the MacCready Works Segment.  “This investment will allow us to optimize how current Intelligence, Surveillance, Reconnaissance (ISR) and Targeting are performed throughout the United States DoD.”

Building on 50 years of innovation, AeroVironment draws from a legacy in multi-domain robotic systems; its pioneering autonomy and advanced perception capabilities serve as a force multiplier for warfighters today and tomorrow.

Church Hutton Joins AeroVironment as Head of Government Relations

December 11, 2023

ARLINGTON, Va., Dec 11, 2023 – AeroVironment, Inc. (NASDAQ: AVAV) today announced Paul “Church” Hutton has joined as Vice President, Government Relations. Reporting to CEO Wahid Nawabi, Mr. Hutton will strengthen the company’s strategic engagement with the Department of Defense (DoD) and Congress.   

“As a highly accomplished and respected government affairs leader with decades of experience in national security, Church is ideally suited to develop and implement our government relations strategy,” said Wahid Nawabi, AeroVironment’s chairman, president, and chief executive officer. “Given his extensive knowledge of defense policy and the legislative process, we are confident he will give our innovative and battle-tested portfolio the visibility and support it deserves during this critical time.”

“I’m pleased to join AeroVironment at a critical moment for national security,” added Mr. Hutton. “Our continued strategic advantage over adversaries depends on government and industry delivering capability faster and more affordably. As the leader in fielded autonomous and attritable systems, AeroVironment is helping DoD offset strategic competitors today, but this phase of the race has only begun.”

Mr. Hutton comes to AeroVironment from Mercury Systems where he led all aspects of the company’s government relations program. Before that, he ran legislative affairs for Sierra Nevada Corporation and was head of Washington operations for a venture-backed start up. A retired Army officer and combat veteran, Mr. Hutton spent a decade in senior staff positions on Capitol Hill including on the professional staff of the Senate Appropriations and Senate Armed Services Committees and in the offices of Senators John McCain and Joe Manchin. He holds degrees from Johns Hopkins University and George Mason University.

Retired Army General Joseph Votel Joins AeroVironment’s Board of Directors

December 04, 2023

ARLINGTON, Va.– Dec. 04, 2023 – AeroVironment, Inc. (NASDAQ: AVAV) today announced that General Joseph L. Votel recently joined its Board of Directors, following his appointment as a Class III director at a meeting of AeroVironment’s Board on November 29. The addition of General Votel brings the Board’s current composition to eight individuals, seven of whom (including Votel) are independent.

“As a highly accomplished and respected military commander with responsibilities leading special operations and coalition forces in the Middle East and Asia, General Votel adds vital perspectives to our Board at this critical inflection point in our company’s history,” said Wahid Nawabi, AeroVironment’s chairman, president, and chief executive officer. “Given his four decades of military service, most recently leading U.S. Central Command, his guidance and strategic counsel will be vital to meeting the needs of our nation and allies around the globe.”

“I am excited to join AeroVironment’s Board at this critical time, especially given the importance and relevance of AV’s unique offerings to the current needs of our military and allies,” added General Votel. “I look forward to doing my part to keep this great company at the cutting edge of military capabilities in the years ahead.”

General Votel retired from the U.S. Army in 2019, following a highly distinguished 39-year military career which culminated in his appointment as a four-star General and Commander of the U.S. Central Command (CENTCOM) where he led a 79-member coalition that liberated Iraq and Syria from the Islamic State. Prior to his assignment at CENTCOM, he served as Commander of the U.S. Special Operations Command (SOCOM) and the Joint Special Operations Command (JSOC). Following his retirement from military service, General Votel served as President & CEO of Business Executives for National Security (BENS), remains a member of the Defense Business Board and Council on Foreign Relations, and has advised multiple companies and venture funds.

General Votel graduated from the United States Military Academy in 1980 and earned master’s degrees from the U.S. Army Command and Staff College and the Army War College. He was recognized with numerous awards including the Distinguished Military Leadership Award from the Atlantic Council, the U.S.-Arab Defense Leadership Award from the National Council on U.S.-Arab Relations, and the Patriot Award from the Congressional Medal of Honor Society.

AeroVironment’s JUMP 20 Group 3 UAS Demonstrates Modularity and Adaptability at Arcane Thunder 23 Multi-Domain Exercise

November 14, 2023

ARLINGTON, Va., November 14, 2023 – AeroVironment, Inc. recently participated in the Arcane Thunder 23 (AT23) operational exercise in Europe, demonstrating the JUMP 20 Group 3 unmanned aircraft system’s (UAS) ability to support multi-domain operations. AT23 is part of the U.S. Army’s Project Convergence – Europe campaign to evaluate the progress of the service’s modernization efforts. The intent of this exercise is to validate and test the continuous integration of effects in various domains including air, land, sea, space, and cyberspace.

During the operational exercise, AeroVironment, in collaboration with CACI and with support from the U.S. Army’s 2nd Multi-Domain Task Force (2nd MDTF), flew the JUMP 20 UAS with multiple Electronic Warfare (EW) payloads and delivered real-time data at the point of need. The exercise used industry technology, such as the JUMP 20, to enhance communication between sensors and shooters, enabling warfighters to efficiently coordinate lethal and non-lethal effects.

“AeroVironment’s role in AT23 showcases the adaptability of the JUMP 20 platform to meet the needs of the modern warfighter and outmatch adversaries in an ever-changing landscape,” said, Shane Hastings, AeroVironment’s vice president of Medium UAS. “We remain committed to continually integrating new technologies into the JUMP 20 platform to provide maximal advantage in both the maritime and land domains.”

During the exercise, which was held near Ustka, Poland, from August 28 – September 8, the JUMP 20 carried multiple imaging and EW payloads while employing an open system architecture that can quickly adapt and accommodate radios operating in different frequency bands. Flight operations included the use of an advanced seven-inch stabilized imaging system with continuous zoom and onboard video processing designed to provide superior day and night surveillance capability. Additional payloads included a high-performance wideband radio receiver that enables passive radio frequency (RF) aerial surveys of operational environments, real-time geolocation of signals, among other mission planning tasks. According to the U.S. Army, AT23 is an unprecedented multi-domain and multi-national exercise that is the result of the close partnership between U.S. Army Futures Command and U.S. Army Europe and Africa, combining new experimental technologies and formations while informing further capability requirements that will help deliver the Army of 2030 and beyond.

AeroVironment’s JUMP 20 Medium UAS Demonstrates Maritime Autonomous Takeoff and Landing at Vessel Speeds Over 20 Knots

November 07, 2023

ARLINGTON, Va., November 07, 2023 - AeroVironment, Inc. today announced the company’s JUMP 20 VTOL Medium UAS exceeded expectations during the recent U.S. Naval Forces Southern Command/4th Fleet Hybrid Fleet Campaign Event (HFCE) that demonstrated human-machine teaming in the maritime domain. The JUMP 20 provided ship-based intelligence, surveillance, reconnaissance, and targeting (ISR-T) support to USFOURTHFLT and USSOUTHCOM during the week-long, at-sea exercise onboard USNS Burlington. The JUMP 20 has previously flown over 130,000 land-based hours in support of U.S. Special Operations Command combat deployments, and the expansion of JUMP 20 operations into the shipboard environment allows AeroVironment to provide these services globally.

During HFCE, JUMP 20 showcased its ability to launch and recover at vessel speeds over 20 knots, with fully autonomous flight from takeoff to landing.  The JUMP 20 requires neither launch or recovery equipment, nor personnel on the flight deck during launch and recovery, maximizing operational safety and flexibility for users. JUMP 20’s vertical takeoff and landing (VTOL) capability, and class-leading endurance and payload capacity expand the operational capabilities of U.S. and allies to compete and win in the era of great power competition.  The JUMP 20 demonstrated how uncrewed systems will support distributed operations across multiple domains, supporting national security objectives and our warfighters.

“The shipboard flight environment is dynamic and challenging. JUMP 20 is a proven combat-effective platform, and the system's performance during HFCE illustrates the value to maritime operations.  JUMP 20’s ability to launch and land at speed, and without personnel intervention, enhances the ship’s operational effectiveness and enables operators to focus on important mission tasking,” said Shane Hastings, AeroVironment’s vice president and product line general manager for Medium UAS. “As we continue to demonstrate and prove the effectiveness of the JUMP 20 platform, we look forward to getting this capability in the hands of our sailors, Marines, and allies operating in the maritime environment.” AeroVironment JUMP 20 is deployed to U.S. and allied militaries around the world, and it can be provided on a contractor-owned / contractor-operated (COCO) basis to maximize operational flexibility.

AeroVironment, Inc. Completes Tomahawk Robotics Acquisition

September 18, 2023

ARLINGTON, Va., September 18, 2023 – AeroVironment has completed its acquisition of Tomahawk Robotics, a leader in AI-enabled robotic control and integrated communications systems. AeroVironment signed a definitive agreement to purchase Tomahawk Robotics in August for a total purchase price of $120 million to be paid in a mix of cash and stock.

“Now that the acquisition is finalized, we’re able to further integrate both companies’ technologies and accelerate our implementation of AI and autonomy into AeroVironment’s platforms, enabling us to offer the best solutions for our customers’ operational needs,” said Wahid Nawabi, AeroVironment’s Chairman, President and CEO.

Tomahawk Robotics’ flagship AI-enabled control system, Kinesis, is the most widely used solution for common controllers across U.S. DoD and the greater defense industry. Pairing AeroVironment’s unmanned systems with Tomahawk Robotics’ AI-enabled technology will allow warfighters to operate various interconnected robotic solutions on the battlefield and share information between multiple domains and platforms with one common controller.

“We’re thrilled for Tomahawk Robotics’ employees to join AeroVironment and we look forward to welcoming them into our expanding team,” continued Nawabi. “Tomahawk employees will contribute to the growth of our already talented workforce and are joining AeroVironment’s culture of innovation and exploration in which they can continue to develop in their careers.”

Tomahawk Robotics will become part of the Small UAS (SUAS) business unit within AeroVironment’s Unmanned Systems segment. AeroVironment plans to support all existing Tomahawk Robotics customers and Tomahawk’s products will remain platform, market and industry agnostic. AeroVironment also plans to introduce Tomahawk Robotics’ solutions to the company’s growing customer base of more than 55 allied nations.

AeroVironment, Inc. to Acquire Tomahawk Robotics

August 22, 2023

AeroVironment’s unmanned systems paired with Tomahawk Robotics’ AI-enabled technology will allow warfighters to operate various connected robotic solutions in the battlefield and share information between multiple domains with one common controller

ARLINGTON, Va., August 22, 2023 – AeroVironment has announced its anticipated acquisition of Tomahawk Robotics, a leader in AI-enabled robotic control systems. The acquisition will enable deeper integration of both companies’ technology, leading to enhanced interoperability and interconnectivity of unmanned systems through a singular platform with similar control features. This will ultimately enable warfighters to operate various connected robotic solutions in the battlefield and share information between multiple domains with one common controller. The two companies entered into a definitive agreement under which AeroVironment will acquire 100% of Tomahawk Robotics equity for a total purchase price of $120 million to be paid in a mix of cash and stock.

Founded by Brad Truesdell and Matt Summer in 2018, Tomahawk Robotics is the visionary force behind the groundbreaking Kinesis Ecosystem, an unmatched tactical capability designed for the warfighter first. At the heart of this innovation lies Kinesis, an AI-enhanced and open architecture common control system that seamlessly integrates the network of battle-proven unmanned expeditionary vehicles, sensors, and third-party software onto a single pane of glass. Powered by innovation, the Kinesis Ecosystem delivers targeted situational awareness and precision strike capabilities for the human-machine teams across the battlespace.

“The acquisition of Tomahawk Robotics will not only provide AeroVironment with strong new members of our team, but a quality brand and products that are widely respected in the industry. Tomahawk Robotics will become part of the small UAS (SUAS) business unit within AeroVironment’s Unmanned Systems segment. We intend to retain all of their workforce and existing facilities in Florida,” said AeroVironment’s CEO and Chairman Wahid Nawabi. “We will support all existing Tomahawk Robotics customers and their products will remain platform agnostic to the market and within the industry. We also plan to introduce Tomahawk Robotics solutions to AeroVironment’s growing network of more than 55 allied nations.”

“Combining features of our Crysalis operating system with Tomahawk Robotics’ AI-enhanced Kinesis platform means pairing the best common controller technology with the most ubiquitous unmanned systems on the market today,” said AeroVironment’s Senior Vice President of Unmanned Systems Trace Stevenson. Tomahawk Robotics’ Kinesis control system was integrated into AeroVironment’s small unmanned aircraft family of systems including Raven® B and Puma™ 3 AE in 2022.

“Tomahawk Robotics’ solutions will accelerate our adoption and implementation of AI and autonomy into AeroVironment platforms,” continued Stevenson. “We’re confident that the combined experience and expertise of our two teams will result in a variety of unmatched unmanned expeditionary vehicles that meet our customers’ emerging needs and exacting standards.”

“Our motto has always been ‘warfighter first.’ Everything we’ve designed or made has been optimized to better equip and prepare soldiers on the battlefield,” said Tomahawk Robotics’ CEO Brad Truesdell. “Joining AeroVironment means our solutions will have a broader reach and the opportunity to be optimized by not only AeroVironment’s family of systems, but the broader robotics community, better enabling warfighters across the globe.”

“Acquiring Tomahawk Robotics strengthens our value to our customers as we will be uniquely qualified to support multiple platforms and offer the best solution for their operational needs,” continued Nawabi. “Tomahawk Robotics’ products will enable AeroVironment’s solutions to achieve an elevated Modular Open System Approach (MOSA) desired by our customers, and the opportunity to expand into new and adjacent markets for interconnected soldiers with a Common Operating Picture enabled by AI and autonomy.”

Honorable Mary Beth Long Nominated to Join AeroVironment’s Board of Directors

August 17, 2023

ARLINGTON, Va., Aug 17, 2023 – AeroVironment, Inc. (NASDAQ: AVAV) today announced that Mary Beth Long has been nominated to serve as a Class II director on the company’s Board of Directors. Elections will take place at AeroVironment’s Annual Shareholder meeting planned for September 29. Ms. Long has been nominated to fill the board position that will be vacated by Catharine Marigold. The election of Ms. Long would maintain the board’s current composition of seven individuals, including six independent directors.  

“As a highly respected global policy expert with outstanding government leadership experience, Ms. Long would be ideally suited to join our board during this critical phase of growth,” said Wahid Nawabi, AeroVironment’s chairman, president and chief executive officer. “Given her prior service as Assistant Secretary of Defense and many other notable leadership positions within the U.S. Department of Defense, NATO and the Central Intelligence Agency, her guidance would be invaluable in meeting the demands of our country and allies abroad.” 

“I am thrilled with the prospect of joining AeroVironment’s board,” said Ms. Long. “I hope to contribute to the many roles Wahid and his talented team play in supporting their customers’ vital missions, from securing our nation and supporting our allies abroad, to enabling scientific research on Mars.” 

Ms. Long served as the Assistant Secretary of Defense of International Security Affairs under Secretary of Defense Robert E. Gates. In this capacity she was the first woman confirmed to a four-star military equivalent position by the U.S. Senate. The role was the culmination of 17 years of intelligence and defense related government service where she held multiple leadership roles including Chair of NATO’s nuclear and missile defense High Level Group, Principal Deputy Secretary of Defense for Asia and Southeast Asia, and Deputy Secretary of Defense for Counter Narco-terrorism. For her exemplary service, Ms. Long received the Department of Defense’s highest civilian honors from Secretary of Defense Robert Gates and separately from the Chairman of the Joint Chiefs of Staff Michael Mullen. 

After returning to the private sector, Ms. Long founded two multi-million-dollar advisory firms, and most recently founded and led a highly successful government contracting firm – Metis Solutions, LLC – which sold in 2016 to private equity. She is regularly called upon to be a policy expert based on her many post-government roles including as Senior Subject Matter Expert for the Supreme Allied Commander of NATO, Senior Advisor to the Director of USAID at the Department of State, and as a Senior International Advisor to the Minister of Defense of Colombia. Ms. Long is a member of the U.S. Chamber of Commerce Defense and Aerospace Export Council and is a Cipher Brief Expert. She also is an active member of the Council on Foreign Relations and has presided over meetings regarding NATO, Ukraine, Afghanistan and other timely topics. 

Ms. Long is a magna cum laude honors graduate and Phi Beta Kappa alumni from Penn State University, where she studied the Chinese language abroad in Taiwan. She received the university’s highest alumna honors in 2018 and currently serves on the university’s Provost’s Global Advisory Council. She also received her law degree with honors from Washington and Lee School of Law. Ms. Long is a member of the Board of Directors of the International Spy Museum and the Defense Intelligence Memorial Fund and is active in rescuing Afghans who supported U.S. efforts in Afghanistan.

Retired Navy Admiral Phil Davidson Joins AeroVironment’s Board of Directors

June 26, 2023

ARLINGTON, Va., June 26, 2023 – AeroVironment, Inc. (NASDAQ: AVAV) today announced that Admiral Philip S. Davidson recently joined its Board of Directors, following his appointment as a Class II Director at a meeting of AeroVironment’s Board on June 23. The addition of Admiral Davidson brings the Board’s current composition to seven individuals, six of whom (including Davidson) are independent.

“As a highly accomplished leader with responsibility for hundreds of thousands of uniformed men and women across the globe, Admiral Davidson’s knowledge of battlefield operations, talent management, U.S. DoD procurement processes, and the deployment of new defense capabilities will bring a fresh perspective to our Board and organization,” said Wahid Nawabi, AeroVironment’s chairman, president and chief executive officer. “As a uniquely qualified military veteran with extensive knowledge of the Pacific theater, his guidance will be critical in ensuring we continue to meet the needs of our nation and allies around the world. We look forward to the unparalleled strategic counsel and vision he will bring to the company.”

“I am pleased and honored to be joining the extraordinary professionals at AeroVironment,” added Admiral Davidson. “Their talents are evident in products operating on the ground, in the air and in space, and I look forward to helping them in achieving their mission.”

Admiral Davidson retired from the U.S. Navy in 2021, following a highly distinguished military career which spanned nearly 39 years of service and culminated in his appointment as a four-star Admiral and 25th Commander of United States Indo-Pacific Command (INDOPACOM). INDOPACOM is the United States’ oldest and largest military combatant command, based in Hawaii, and encompassing more than 100 million square miles or about 52 percent of the Earth's surface. Admiral Davidson now runs Davidson Strategies LLC, a management, technical and strategic advisory firm.

Admiral Davidson is a 1982 graduate of the U.S. Naval Academy and a 1992 distinguished graduate of the U.S. Naval War College. He holds a Bachelor of Science degree in Physics and a Master of Arts in National Security and Strategic Studies. He is currently on the boards of Par Pacific Holdings and the Center for Strategic and Budgetary Assessments, among other private sector organizations. The Admiral’s decorations include the Defense Distinguished Service Medal, the Navy and Marine Corps Commendation Medal with Combat “V,” and a Superior Honor Award from the U.S. Department of State.

AeroVironment Provides FTUAS and Business Update

May 25, 2023

Company Remains Well Positioned for Growth Despite FTUAS Loss

ARLINGTON, Va., May 25, 2023 – AeroVironment, Inc. (NASDAQ: AVAV) today announced that the company’s JUMP 20 Medium UAS was not selected by the U.S. Army to proceed further within the Future Tactical Unmanned Aircraft System (FTUAS) Program Increment 2, the next development phase of the FTUAS program. Despite this news, the company had a strong close to its fiscal year 2023, ended April 30, 2023, achieving all key financial metrics. This outcome does not have a material impact on the company’s near-term outlook and AeroVironment remains poised for at least 15% top-line and robust bottom-line growth in fiscal 2024.

“While we are extremely disappointed with the US Army’s decision, we respect it. We are now fully assessing the US Army’s evaluation process to determine our next steps,” said Wahid Nawabi, AeroVironment chairman, president and chief executive officer. “We remain convinced that our JUMP 20 system is the best-in-class Group 3 UAS on the market and we will continue investing in the platform to ensure it remains the top performing solution for our customers.”

AeroVironment maintains a positive outlook for the group 2/3 UAS market going forward. International opportunities and engagements for JUMP 20 systems continue to grow, and the company remains well-positioned to pursue additional domestic programs. “Our JUMP 20 has an unmatched ability to carry multiple armed payloads, including our Switchblade loitering munitions,” continued Nawabi. “We also recently incorporated autonomy functionality and other upgrades to improve operations in highly contested environments.”

Given AeroVironment’s broad portfolio of innovative unmanned solutions – and numerous contracts in the pipeline – the company expects to continue generating strong returns for shareholders.

AeroVironment Introduces VTOL Kit for Puma AE UAS

May 09, 2023

New vertical take-off and landing kit expands operational capabilities and streamlines constrained area operations

ARLINGTON, Va., May 9, 2023 – AeroVironment, Inc. today introduced the Puma™ VTOL (vertical take-off and landing) kit, designed for plug-and-play integration into Puma 2 AE and Puma 3 AE small unmanned aircraft systems (SUAS). The optional Puma VTOL kit expands the operational capabilities of the combat-proven Puma system in complex terrain, as neither runway nor large open space are required for launch and recovery of the VTOL-equipped Puma, allowing operators to launch anywhere, anytime.

Leveraging AeroVironment’s Crysalis™ ground control solution, the added VTOL capability now allows a single Puma operator to execute missions and streamline operations through features like one-button launch and recovery.

“The modern battlefield offers varying types of complex terrain features, both natural and manmade, that can pose challenges to small unit operations and their use of unmanned aircraft. Our new Puma VTOL kit provides the operator with a wider range of launch and land capabilities, enhancing the unit’s mission while further safeguarding its personnel during these periods of transitional flight,” said Shane Hastings, AeroVironment’s vice president and product line general manager for small UAS. “The VTOL kit converts the Puma AE into a highly precise and agile ISR asset where a single operator can effortlessly launch the aircraft from a small space and attain mission-critical information of enemy forces in a timely manner and land on a desired rooftop or other small, targeted areas.”

Integration of the Puma VTOL kit requires minimal one-time modifications to the aircraft’s airframe by qualified personnel. Once modified, the plug-and-play Puma VTOL kit can be easily added or removed in the field within a couple of minutes, allowing operators to quickly transition between a fixed-wing and VTOL platform to suit varying mission needs with a single aircraft.

Available as an add-on option for new Puma 3 AE system orders and as a retrofit kit for already fielded Puma 2 AE and Puma 3 AE aircraft, both fielded and new aircraft can take advantage of this VTOL capability. To learn more about the new operational capabilities of Puma AE and Puma VTOL kit, visit www.avinc.com/uas/puma-ae.

AeroVironment Awarded $10 Million Contract by NASA/JPL to Co-Design and Develop Two Helicopters for Mars Sample Return Mission

May 02, 2023

The success of Ingenuity Mars helicopter, co-designed and co-developed by AeroVironment and NASA/JPL, lays the foundation for the development of the Sample Recovery Helicopters

ARLINGTON, Va., May 2, 2023 – AeroVironment, Inc. (NASDAQ: AVAV) has been awarded a $10 million contract by NASA’s Jet Propulsion Laboratory (JPL) to co-design and co-develop conceptual designs and engineering development units of Mars Sample Recovery Helicopter flight systems. Future efforts could include detailed design, build, and test of qualification and flight hardware. The helicopters build upon the Ingenuity Mars Helicopter design heritage and feature upgraded robotics to supplement aerial mobility.

AeroVironment engineers from the MacCready Works team previously worked with NASA JPL to co-design and develop the Ingenuity Mars Helicopter, which has completed 52 successful flights to date on Mars and survived 781 sols on the surface, far outperforming its design objectives.

“Accomplishing the impossible has been AeroVironment’s mission for more than 50 years and we are excited to be working with the NASA JPL team again to conquer the next challenge,” said Scott Newbern, AeroVironment’s vice president and chief technology officer. “Ingenuity’s flights on Mars are a giant leap for robotic technology. Now we’re advancing this science further by helping to build helicopters that not only will continue flight on Mars, but also will include apparatus to collect samples to bring back to Earth for this historic mission.”

The two planned Sample Recovery Helicopters would be a secondary method of sample retrieval for the NASA/ESA Mars Sample Return Campaign. NASA’s Perseverance rover, which has already been collecting a diverse set of scientifically selected samples for potential safe return to Earth, is currently planned as the primary method of delivering samples to the Sample Retrieval Lander.

The Sample Recovery Helicopters would expand on Ingenuity's design, adding wheels and gripping capabilities, to provide a secondary method to pick up cached sample tubes left on the surface by Perseverance and transport them to the Sample Retrieval Lander. Once the sample cache is launched off the red planet, another spacecraft would capture it in Mars orbit, and then bring it back to Earth safely and securely in the early to mid-2030s. After the samples are on Earth, scientists around the world would examine them using sophisticated instruments too large and complex to send to Mars. The samples would remain available for future generations to study with increasingly advanced technologies. Scientists believe the samples could shed light on whether life has ever existed on Mars.

More About Ingenuity

The Ingenuity Mars Helicopter was built by JPL, which also manages the project for NASA Headquarters. It is supported by NASA’s Science Mission Directorate. NASA’s Ames Research Center in California’s Silicon Valley and NASA’s Langley Research Center in Hampton, Virginia, provided significant flight performance analysis and technical assistance during Ingenuity’s development. AeroVironment, Inc. co-developed, co-designed, and built the airframe and major subsystems. 

AeroVironment Awarded $64.6 Million Contract by U.S. Army for Switchblade 300 Loitering Missile Systems

April 26, 2023

Contract includes first-time Switchblade system foreign military sales to two allied nations

ARLINGTON, Va., April 26, 2023 – AeroVironment, Inc. (NASDAQ: AVAV) received additional funding of $64,565,126 on March 24 from the U.S. Army Tactical Aviation and Ground Munitions (TAGM) project office for the procurement of Switchblade® 300 loitering missile systems. This most recent firm-fixed-price contract increases the total funded amount of Switchblade systems under the original U.S. Army contract to $231,331,651. The contract will be managed by the U.S. Army Contracting Command, Redstone Arsenal, and the systems are scheduled to be delivered by July 2024. 

AeroVironment’s combat-proven Switchblade 300 loitering missile systems have been deployed by the U.S. Army for more than a decade and are currently providing real-time ISR and precision strike support on battlefields in Ukraine. Ideal for use against beyond-line-of-sight targets, Switchblade systems were approved by the U.S. government for use by Ukraine and additional nations after the start of the Russia-Ukraine war in 2022. This new U.S. Army contract includes foreign military sales of Switchblade 300 for the first time to France and another allied nation, expanding Switchblade’s footprint internationally.

“Switchblade 300 continues to be a critical weapon in the armed forces of Ukraine’s unmanned systems arsenal,” said Brett Hush, AeroVironment’s vice president and product line general manager for Tactical Missile Systems. “This new contract further demonstrates the global demand for production-ready, combat-proven Switchblade 300 missile systems. We’re honored that Switchblade 300 continues to support the U.S. military and our allies.”

The backpackable Switchblade 300 offers operators the flexibility to rapidly maneuver and employ the system on the ground. Real-time video, GPS coordinates, and wave-off capabilities provide the operator confidence in precisely attacking key targets.

This contract award follows an August 2022 contract modification for additional funding by the U.S. Army for procurement of Switchblade 300 loitering missile systems.

AeroVironment Introduces Switchblade 300 Block 20 Rapidly Deployable Loitering Missile System

March 28, 2023

Building on AeroVironment’s tactical missile legacy, the Switchblade 300 Block 20 offers enhanced operational features and performance

ARLINGTON, Va., March 28, 2023 – AeroVironment (NASDAQ: AVAV) today unveiled the newest version of its Switchblade® 300 rapidly deployable loitering missile system. The Switchblade 300 Block 20 builds on Block 10C’s battle-proven performance with new operational features and significant performance and capability improvements.

Switchblade 300 Block 20 is portable, lightweight, and easy to operate, requiring only a single operator. The new tablet-based Fire Control System allows operators to easily train, plan, and execute missions. Operation of the system is further simplified by offering an integrated control directly onto the launcher tube.

 “Since pioneering the loitering missile category with Switchblade 300 more than a decade ago, our tactical missile systems have proven to be a game-changing capability for both U.S. and allied forces, providing a remarkably rapid, precise and effective way to address lethal threats,” said Brett Hush, AeroVironment’s vice president and product line general manager of Tactical Missile Systems. “Switchblade 300 Block 20 will continue to build on the system’s battle-proven legacy.”

Weighing just under five pounds, this lightweight, precision-guided lethal missile can be deployed in less than two minutes via tube-launch from land, sea, or mobile platforms, providing greater mission flexibility. The Switchblade 300 Block 20 features a longer endurance, improved Digital Data Link (DDL) range, new EO/IR panning camera suite, and left-hand commit with continuous positive identification (PID). Like its predecessor, Switchblade 300 Block 20 maintains its patented wave-off capability, enabling the operator to recommit against moving targets in highly dynamic environments.

The Switchblade 300 Block 20 provides small expeditionary units with stand-alone precision and lethal effects with minimal collateral effects. Delivering 20-plus minutes of tactical reconnaissance, surveillance, and target acquisition, the Switchblade 300 Block 20 provides real-time video for use against beyond-line-of-sight (BLOS) targets. Cursor-on-Target GPS coordinates provide situational awareness, information collection, targeting and feature/object recognition, that together will deliver the actionable intelligence and precision firepower needed to achieve mission success across multiple domains.

U.S. Army Selects AeroVironment JUMP 20 Medium Unmanned Aircraft System to Enter Future Tactical Unmanned Aircraft System (FTUAS) Program Increment 2

March 01, 2023

• AeroVironment is the only company to secure an award for all FTUAS program increments, including FTUAS Increments 0,1 and now 2
• Increment 2 is the final phase of the U.S. Army’s FTUAS program competition to select a replacement for the RQ-7B Shadow UAS 

ARLINGTON, Va., March 1, 2023 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today announced it was selected by the United States Army on Feb. 28, 2023, to move forward in the Future Tactical Unmanned Aircraft System (FTUAS) program.

 AeroVironment’s JUMP® 20 will compete with several other vendors in the FTUAS Increment 2 multi-phased effort which will allow the Army to select the best system for its needs. Ultimately, FTUAS Increment 2 aircraft will be fielded to Brigade Combat Teams (BCTs) throughout the Army, replacing the long-serving RQ-7B Shadow UAS.

During the early stages of what would become the U.S. Army’s FTUAS program, AeroVironment’s JUMP 20 demonstrated superior competitive performance and was awarded the FTUAS Increment 1 contract to develop a prototype system to field to one Brigade Combat Team (BCT). Its success throughout the demonstrations led to AeroVironment’s contract award for FTUAS Increment 0, in which the U.S. Army fielded the JUMP 20 into an additional Army BCT within the United States Army Europe. AeroVironment is the only company awarded the FTUAS contract for all three program increments.

“The AeroVironment JUMP 20 is the most mature and capable solution in its class,” said Gorik Hossepian, AeroVironment’s vice president and product line general manager for medium unmanned aircraft systems. “We will continue to work closely with the U.S. Army to ensure we meet their performance needs both today for an all-environment aircraft system and in the future as requirements evolve to meet changing battlefield demands.” 

United States Army Awards AeroVironment $20.6 Million Switchblade 300 Tactical Missile Systems Contract

September 22, 2022

• Combat-proven Switchblade with patented wave-off and recommit capability provides operators with increased lethality, reach and precision strike capabilities with minimal collateral effects

ARLINGTON, Va., Sept. 22, 2022 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today announced it received a $20,602,464 firm-fixed-price contract award on Aug. 18, 2022 from the U.S. Army Tactical Aviation and Ground Munitions (TAGM) project office for the procurement of Switchblade® 300 tactical missile systems (TMS). The contract will be managed by the U.S. Army Contracting Command, Redstone Arsenal and is scheduled to be delivered by July 2023.

“Deployed by the U.S. Army for more than a decade, Switchblade 300 remains a critical force protection and soldier lethality solution for our customers, including Ukraine,” said Brett Hush, AeroVironment vice president and product line general manager for TMS. “It closes the gap between observation and action, giving soldiers the ability to identify threats and engage hostile beyond-line-of-sight targets from a greater distance with minimal collateral damage.”

AeroVironment’s combat-proven Switchblade 300 is back-packable and rapidly deployable from ground platforms, including a multipack launcher, providing warfighters with rapid-response force protection and precision strike capabilities up to six miles (10 kilometers) from its launch location.

ABOUT AEROVIRONMENT TACTICAL MISSILE SYSTEMS

AeroVironment’s tactical missile systems provide users with the ability to identify threats and deliver a precision lethal payload with minimal collateral damage. Switchblade® 300 and Switchblade® 600 loitering missile systems enable the warfighter to easily launch, fly, track and engage beyond line-of-sight targets and light armored vehicles across land, maritime and air-launched scenarios. Blackwing™ loitering reconnaissance system is a variant of Switchblade designed to provide rapid-response intelligence, surveillance and reconnaissance capabilities and can be deployed from a submarine using an underwater-to-air delivery canister, shipboard or mobile ground vehicle via tube-launch or Multipack Launcher (MPL). AeroVironment’s tactical missile systems deliver the actionable intelligence and precision firepower needed to achieve mission success across multiple domains.

AeroVironment Secures $20.86 Million in Puma 3 AE Unmanned Aircraft Systems Foreign Military Sales Awards for Allied Nations

September 20, 2022

• Portable, rugged Puma 3 All Environment (AE) unmanned aircraft system provides immediate tactical reconnaissance capabilities for land and maritime operations
• Foreign Military Sales program promotes interoperability among U.S. and allied forces for joint operations
• Customers are among the more than 50 allied governments employing AeroVironment’s unmanned aircraft systems

ARLINGTON, Va., Sept. 20, 2022 – AeroVironment, Inc. (NASDAQ: AVAV) a global leader in intelligent, multi-domain robotic systems, today announced it received two firm-fixed-price U.S. Department of Defense Foreign Military Sales (FMS) contract awards totaling $20,868,105 to provide Puma™ 3 AE small unmanned aircraft systems (SUAS), initial spares packages, training and Contractor Logistics Support (CLS) to two allied nations.

“Deployed for well over a decade, our Puma UAS have continued to be a low-cost, man-portable, easy-to operate UAS for our customers,” said Trace Stevenson, AeroVironment vice president and product line general manager for SUAS. “With each new generation of Puma, optimizations have been made for more robust flight, durability and operational flexibility but its purpose of providing reliable and persistent situational awareness, critical force protection and force multiplication capabilities to our customers remains the same.

“Our allies are continuing to adopt and deploy Puma 3 AE and other AeroVironment systems as they recognize the importance of equipping their frontline forces with lifesaving, force overmatch solutions,” Stevenson added.

AeroVironment’s Puma 3 AE delivers mission critical capabilities in all environments. Puma 3 AE has a wingspan of 9.2 feet (2.8 meters), weighs 15.4 pounds (7 kilograms) and can operate up to 37.2 miles (60 kilometers) with AeroVironment’s Long-Range Tracking Antenna (LRTA). Multi-mission capable, operators can easily swap Puma 3 AE’s payloads quickly, selecting between the Mantis™ i45 and the enhanced night variant, Mantis i45 N. Puma 3 AE is launchable by hand, bungee, rail, or vehicle, and is recoverable by deep-stall landing, providing class-leading capabilities in challenging environments around the world.

About AeroVironment UNMANNED AIRCRAFT SOLUTIONS

AeroVironment’s portfolio of intelligent, multi-domain robotic systems includes small footprint, runway-independent unmanned aircraft systems (UAS). These solutions offer increased, multi-mission capabilities with the option of selecting the appropriate aircraft and payload based on the type of mission to be performed. These capabilities have the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel, as well as greater safety, scalability and cost savings to commercial operators. AeroVironment provides turnkey intelligence, surveillance and reconnaissance (ISR) and support services worldwide to ensure a consistently high level of mission success. AeroVironment’s SUAS comprise the majority of all unmanned aircraft in the U.S. Department of Defense (DoD) inventory, and its rapidly growing international customer base numbers more than 50 allied governments, including Ukraine. To learn more, visit www.avinc.com.

AeroVironment Introduces Puma VNS, a Visual-Based Navigation System That Enables GPS-Denied Navigation Across GPS-Contested Environments

September 15, 2022

• System determines precise location of the aircraft during flight without relying on GPS
• Will enable increasingly advanced navigational capabilities, features and functionality through future software and hardware updates
• Available as an add-on option for new Puma 2 AE and Puma 3 AE system orders and as a retrofit kit for fielded systems

ARLINGTON, Va., Sept. 15, 2022 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today introduced Puma™ VNS, a visual-based navigation system for Puma 2 AE and Puma 3 AE small unmanned aircraft systems (SUAS) that will enable GPS-denied navigation across increasingly GPS-contested environments.

The system will provide operators with continually advanced navigation capabilities, features and functionality through anticipated software and hardware updates. The system will also enable the integration of future autonomy capabilities.

“Puma VNS gives operators an unprecedented advantage in the battlefield,” said Trace Stevenson, AeroVironment vice president and product line general manager for SUAS. “Operators now can execute missions with more confidence in GPS-contested environment with the system’s new navigational capabilities.”

The next-generation navigation system features a suite of down-looking sensors that gather imagery data and track features on the ground, as well as an embedded compute module to process and determine the precise location of an aircraft while it is in flight. Designed with the operator in mind, the system automatically transitions to and from GPS-denied navigation mode without any input from the operator.

Puma VNS is available as an add-on option for new Puma 3 AE system orders and as a retrofit kit for fielded Puma 2 AE and Puma 3 AE systems. To learn more about Puma VNS, visit www.avinc.com/pumaae.

AeroVironment Introduces Next-Generation All-Electric VAPOR 55 MX Helicopter Unmanned Aircraft System, Built for Heavier Payloads and Longer Distances

September 13, 2022

• Next-generation VAPOR 55 delivers more simplified, modular design with performance improvements that optimize user experience
•  Redesigned for increased levels of operational efficiency with 25 percent increased endurance and 20 percent increased payload capacity
•  New payload interface and tool-free quick rail mount enables quick and easy field integration of both current and future payloads for increased mission flexibility

ARLINGTON, Va., Sept. 13, 2022 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today announced the launch of the next-generation VAPOR® Helicopter unmanned aircraft system (UAS), VAPOR 55 MX. Delivering new levels of operational performance with a completely redesigned modular autonomy framework, VAPOR 55 MX enables increased endurance and expanded payload capacity to meet current and emerging needs of defense, commercial and industrial customers.

“The new VAPOR 55 MX is an easy-to-maintain system that incorporates a highly versatile modular architecture and tool-free rail system for simple, efficient integration of third-party or custom payloads, allowing users to adapt to multi-sensor, multi-mission requirements including utility inspection, aerial surveying, public safety and defense applications,” said Trace Stevenson, AeroVironment vice president and product line general manager for small UAS.

Built on the class-leading endurance and payload weight performance of its predecessor, VAPOR 55 MX features a new sleek and efficient low-profile design that enables the helicopter UAS to stay in the air 25 percent longer and operate in all weather. VAPOR 55 MX is heavy-lift capable and its increased usable payload capacity allows users to choose from single or multiple payload configurations.

This expansive modular payload bay can carry up to 12 pounds of payload with more than 70 minutes of flight endurance while still maintaining the 55-pound gross take-off weight (GTOW) restricted by the Federal Aviation Administration (FAA) for commercial customers.  For military customers that require more take-off weight, VAPOR 55 MX is capable of a 65-pound GTOW and can carry up to 22 pounds of usable payloads with a reduced endurance trade-off, nearing the edge of Group 3 weight class.

To learn more about the all-electric VAPOR 55 MX Helicopter UAS, visit www.avinc.com/uas/vapor.

AeroVironment’s New Mantis i23 D Multi-Sensor Imaging Payload Delivers Superior Daytime Surveillance Performance

August 30, 2022

• Mantis i23 D is a compact, high-performance daytime imaging payload system for intelligence, surveillance and reconnaissance (ISR) operations at an extended range
• Features 24X digital zoom video for extended ISR without compromising image quality
• Payload provides 50 percent wider HFOV and more than four times the target detection capability over the current Mantis i23 for improved situational awareness

ARLINGTON, Va., Aug. 30, 2022 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today introduced Mantis™ i23 D, a multi-sensor daytime imaging payload compatible with the Raven® B small unmanned aircraft systems (SUAS). An enhanced daylight variant of its predecessor, the Mantis i23, Mantis i23 D maintains its ruggedized design and utilizes the same modular interface to allow for quick and simple swapping between payloads with no software updates required to the avionics or ground control systems.

At 13.4 ounces (380 grams), the ultralight imaging system features dual 18 MP electro-optical sensors and class-leading 24X digital zoom, providing four times improved target detection over the current Mantis i23 payload during daytime missions. Through its advanced suite of sensors, extended zoom capability, onboard processing and digital imaging stabilization, the Mantis i23 D payload allows operators to increase aircraft standoff distance without compromising image quality.

“With the introduction of the next-generation Mantis payload, we have expanded the capabilities and adoption of the combat-proven Raven SUAS,” said Charles Dean, AeroVironment vice president of global business development, sales and marketing. “Customers can now operate their Raven systems at a greater standoff distance than before, enabling eyes-on-target from several kilometers away and reducing the risk of the target detecting or hearing the SUAS overhead.”

To learn more about Mantis i23 D and AeroVironment’s expansive Mantis product line of micro-gimbals, visit: www.avinc.com/uas/payloads.

​U.S. Army Selects AeroVironment JUMP 20 Medium Unmanned Aircraft System for Future Tactical Unmanned Aircraft System (FTUAS) Increment 1

August 19, 2022

• FTUAS to replace RQ-7B Shadow UAS currently fielded in selected Brigade Combat Teams
• Increment 1 entails testing and fielding JUMP 20 medium unmanned aircraft on an accelerated schedule as it competes to become the U.S. Army’s FTUAS of choice  
• The JUMP 20 vertical takeoff and landing (VTOL), runway independent medium unmanned aircraft system provides intelligence, surveillance and reconnaissance (ISR) services with increased maneuverability, and improved command and control

ARLINGTON, Va., Aug. 19, 2022 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today announced it received an Other Transaction Agreement award by the United States Army on Aug. 18, 2022 for Increment 1 of the Future Tactical Unmanned Aircraft System (FTUAS) program. The contract encompasses the purchase, testing and delivery of one JUMP® 20 medium unmanned aircraft system (MUAS) to a selected Army Brigade Combat Team (BCT) and associated services, training and support.

“With Increment 1 of the FTUAS program, the Army will be testing and fielding the JUMP 20 on an accelerated schedule as they seek a replacement for the RQ-7B Shadow UAS currently fielded in Brigade Combat Teams,” said Gorik Hossepian, AeroVironment vice president and product line general manager for MUAS. “The combat-proven JUMP 20 is a rapidly deployable, runway independent, vertical takeoff and landing solution for the Army. Its ability to be deployed, operated and sustained from anywhere is a game-changer in theater and in situations where the enemy has invaded or destroyed infrastructure.”

The AeroVironment JUMP 20 is the first fixed-wing unmanned aircraft system capable of vertical takeoff and landing (VTOL) to be deployed extensively in support of U.S. military forces. Ideal for multi-mission operations, JUMP 20 delivers 14+ hours of endurance, a standard operational range of 115 miles (185 kilometers) and is runway independent. The system can be set up and operational in less than 60 minutes without the need for launch or recovery equipment and has a useable payload capacity of up to 30 pounds (13.6 kilograms). The JUMP 20 also features a common autopilot and ground control system architecture providing a highly customizable, modular platform that can be custom configured to meet operational or customer requirements.

ABOUT AEROVIRONMENT UNMANNED AIRCRAFT SOLUTIONS

AeroVironment’s portfolio of intelligent, multi-domain robotic systems includes small footprint, runway-independent unmanned aircraft systems (UAS). These solutions offer increased, multi-mission capabilities with the option of selecting the appropriate aircraft and payload based on the type of mission to be performed. These capabilities have the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel, as well as greater safety, scalability and cost savings to commercial operators. AeroVironment provides turnkey intelligence, surveillance and reconnaissance (ISR) and support services worldwide to ensure a consistently high level of mission success. AeroVironment has delivered tens of thousands of new and replacement unmanned air vehicles to customers within the United States and to more than 50 allied governments. For more information, visit www.avinc.com/uas.

AeroVironment Acquires Planck Aerosystems, a Leading Provider of Advanced Unmanned Aircraft Navigation Solutions

August 17, 2022

• Transaction significantly accelerates AeroVironment’s development of advanced autonomy capabilities for the company’s unmanned aircraft systems
• Embedded flight autonomy solution enables intelligent unmanned aircraft system capabilities for operations from moving vehicles and vessels on land or at sea

ARLINGTON, Va., Aug. 17, 2022 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, announced today it has acquired Planck Aerosystems, Inc. (“Planck”), a leading provider of advanced unmanned aircraft navigation solutions. The acquisition will significantly accelerate AeroVironment’s development of advanced autonomy capabilities.

Founded in 2014, Planck has worked closely with customers from the U.S. Department of Defense, security agencies, allied governments and offshore industrials to develop customer-centric unmanned aircraft solutions. Planck’s products include embedded technologies and fully integrated unmanned aircraft systems (UAS) and leverage their deep technical expertise in UAS guidance and navigation, autonomy and artificial intelligence.

Planck is a small technology company based in San Diego, California and will be acquired by AeroVironment’s Petaluma-based medium unmanned aircraft systems (MUAS) business segment to focus on integrating its flight autonomy solutions, such as ACE™ (Autonomous Control Engine), into AeroVironment’s offerings to enable safe, autonomous takeoff and landing from moving platforms on land or at sea in GPS-denied environments. Other solutions include AVEM™, a fully integrated mobile tethered sensor platform designed for persistent autonomous operation from moving vehicles and vessels in any environment, and a suite of machine-learning object detection and tracking systems that are customized for specific end-user needs.

“Planck has a compelling product and technology roadmap with valuable capabilities that we plan to deploy and integrate with AeroVironment’s existing portfolio of intelligent, multi-domain robotic systems,” said Wahid Nawabi, AeroVironment chairman, president and chief executive officer. “The Planck team has developed advanced unmanned autonomy and navigation solutions for various defense and commercial customers and by working together, we believe we offer more compelling and differentiated solutions to our customers moving forward.”

“This transaction accelerates AeroVironment’s innovation in flight autonomy, increasing the effectiveness of our solutions in contested environments and reducing the cognitive load of operators, and adds a tethered SUAS to our portfolio of systems, creating exciting opportunities for upcoming programs of record,” Nawabi added.

“AeroVironment’s heritage of creating innovative solutions to meet customer needs is an ideal fit for the Planck team,” said Josh Wells, Planck chief executive officer. “We couldn’t be more excited about joining forces with AeroVironment to deliver innovative, multi-domain unmanned systems to the next generation of U.S. and allied warfighters. AeroVironment’s reach, technical capabilities and portfolio of unmanned systems will enable the Planck team to scale our products to more customers, and to provide better solutions in less time.”

ADVISOR

Canaccord Genuity served as the exclusive financial advisor to Planck Aerosystems, Inc. in connection with the transaction.

ABOUT PLANCK AEROSYSTEMS

Based in San Diego, California, Planck Aerosystems develops and deploys navigation and autonomy solutions for tethered and free flight small unmanned aircraft systems that enable them to operate from moving platforms, including in GPS-denied environments, primarily for defense and industrial applications. Planck Aerosystems’ Autonomous Control Engine (ACE) has been integrated into over 30 different aircraft types of various sizes and configurations. For more information, visit www.planckaero.com.

AeroVironment Awarded $6.2 Million Puma 3 AE Unmanned Aircraft Systems Contract by United States Marine Corps

June 14, 2022

• Puma 3 AE unmanned aircraft system delivers immediate tactical reconnaissance, surveillance and target acquisition in day or night maritime and land-based operations 
• AeroVironment’s small unmanned aircraft systems comprise the majority of all unmanned aircraft in the U.S. Department of Defense (DoD) inventory; deployed by more than 50 allied governments

ARLINGTON, Va., June 14, 2022 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today announced receipt of a $6,166,952 firm-fixed-price contract award for Puma™ 3 AE small unmanned aircraft systems (SUAS) and spares on May 3, 2022, for the U.S. Marine Corps. Delivery is anticipated to be completed in July 2022.

“Puma 3 AE has proven itself as the ideal solution for low-altitude intelligence, surveillance and reconnaissance missions in any operational environment and continues to serve as the backbone of the U.S. Marine Corps Medium Range/Medium Endurance Forces,” said Trace Stevenson, AeroVironment vice president and product line general manager for SUAS.

AeroVironment’s Puma 3 AE delivers mission critical capabilities in all environments. Puma 3 AE has a wingspan of 9.2 feet (2.8 meters), weighs 15 pounds (6.8 kilograms) and can operate up to 37.2 miles (60 kilometers) with AeroVironment’s Long-Range Tracking Antenna (LRTA). Multi-mission capable, operators can easily swap Puma 3 AE’s payloads quickly, selecting between the Mantis™ i45 and the enhanced night variant, Mantis i45 N. Puma 3 AE is launchable by hand, bungee, rail, or vehicle, and is recoverable by deep-stall landing, providing class-leading capabilities in challenging environments around the world.

AeroVironment’s SUAS comprise the majority of all unmanned aircraft in the U.S. Department of Defense (DoD) inventory, and its rapidly growing international customer base numbers more than 50 allied governments, including the Ukraine. To learn more, visit www.avinc.com.

AeroVironment Successfully Demonstrates Multi-Domain Unmanned Systems, Computer Vision and Sensor Fusion Software at IMX/CE 22

April 26, 2022

• Demonstrated multi-sensor data fusion and automatic target recognition (ATR) using AeroVironment’s Blue Hotel tactical grade computer vision and data analysis software package
• AeroVironment’s battlefield proven DDL technology provided robust command, control and video datalink for U.S. and Royal Navy airborne assets in the challenging maritime environment

ARLINGTON, Va., April 26, 2022 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today announced the successful maritime demonstration of Interoperability to Interchangeability (I2I) operations by the U.S. Navy and Royal Navy using AeroVironment’s Puma™ 3 AE small unmanned aircraft systems. The demonstration was part of a combined event – International Maritime Exercise 2022/Cutlass Express 2022 (IMX/CE 22) – that took place from Feb. 6-17, 2022.

IMX/CE 22 is the largest maritime exercise in the Middle East with more than 60 partner nations and organizations participating with 9,000 personnel and 50 ships. IMX/CE 22 was also the largest maritime unmanned systems exercise to date with more than 80 unmanned systems, including unmanned aerial vehicles (UAVs), unmanned surface vessels (USVs) and unmanned undersea vehicles (UUVs).

The I2I capability demonstration was supported by AeroVironment as part of the U.S. 5th Fleet’s Task Force 59 team, denoted as Task Force X (TF-X), participating in IMX/CE 22. TF-X was comprised of various multinational government and industry partners working together to integrate and demonstrate new unmanned systems capabilities for U.S. and coalition naval forces in a series of pre-planned serials.

During the exercise, AeroVironment's Blue Hotel computer vision and analytics solution demonstrated the visual identification of maritime targets simultaneously from multiple UAV and USV video feeds in real-time during all of the TF-X serials. It was also used by the U.S. Navy as the primary video repository and distribution hub for TF-X, providing all coalition partners with access to real-time video feeds and artificial intelligence and machine learning (AI/ML) analytic results for Maritime Domain Awareness (MDA). The advanced AI/ML software enabled the warfighters to quickly sift through the large amounts of video data, pinpointing individual vessels of interest, and providing real time information on their activities throughout the exercise

“Built upon past demonstrations, such as REP(MUS) 21 and 2018 U.S. Navy Coastal Riverine Craft maritime S2S exercises, these successful I2I operations coupled with Blue Hotel’s automated target recognition and MDA capabilities offer a glimpse at the maritime and autonomy product capability expansions AeroVironment’s MacCready Works Advanced Solutions team is spearheading,” said Jeff Rodrian, AeroVironment vice president of AV Ventures.

AeroVironment Donates Over 100 Quantix Recon Unmanned Aircraft Systems to the Ministry of Defence of Ukraine and Territorial Forces

April 19, 2022

• Donation is independent of other AeroVironment systems already being provided to Ukraine by the United States Government
• Donated Quantix Recon unmanned aircraft systems will ship this week with more to follow
• Operational training services for donated systems will also be provided at no cost

ARLINGTON, Va., April 19, 2022 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today announced it will donate more than 100 Quantix™ Recon unmanned aircraft systems (UAS) and operational training services to the Ministry of Defence of Ukraine and territorial forces amid the ongoing war against Russia. The donation was presented to the Ambassador and the Defence Attaché at the Embassy of Ukraine by AeroVironment chairman, president and chief executive officer Wahid Nawabi during a face-to-face meeting last week.

“As the Ukraine military’s fight to protect their homeland and defend their nation’s freedom against Russia’s invasion intensifies, their need for solutions that can offer force protection and force multiplication capabilities continues,” said Nawabi. “This donation will provide operators with a tool that can fly undetected by enemy forces and unaffected by radio frequency jammers to deliver accurate and rapid reconnaissance of remote, inaccessible areas of the dynamically changing battlefield.

Using the actionable intelligence gathered by the Quantix Recon, operators can conduct quick mission planning and verification to help keep Ukrainian ground forces out of harm’s way. AeroVironment is honored to support the people of Ukraine,” Nawabi added.

AeroVironment’s Quantix Recon UAS is a lightweight, easily deployable, fully automated reconnaissance solution that provides on-demand actionable intelligence using high-resolution, georeferenced terrain, vegetation and infrastructure imagery. With its unique hybrid vertical takeoff and landing (VTOL) design, Quantix Recon combines the VTOL advantages of a multirotor drone with the range, speed and efficiency of a fixed-wing unmanned aircraft. Featuring fully automated flight operation, the UAS can survey up to 1.6 square kilometers (0.6 square miles), or 20 linear kilometers (12.4 miles), per 45-minute single battery flight.

Delivery of the Quantix Recon UAS is independent of other AeroVironment tactical missile systems and UAS already being provided to Ukraine by the United States Government. The first half of the donated Quantix Recon UAS shipment is expected to be delivered this week with operational training commencing immediately.

AeroVironment Awarded $8.5 Million Puma AE Unmanned Aircraft Systems Foreign Military Sales Contract for U.S. Ally

February 15, 2022

• Portable, rugged Puma 3 All Environment (AE) unmanned aircraft system provides immediate tactical reconnaissance capabilities for land and maritime operations
• Foreign Military Sales program promotes interoperability among U.S. and allied forces for joint operations

ARLINGTON, Va., Feb. 15, 2022 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today announced it received a $8,541,428 firm-fixed-price U.S. Department of Defense Foreign Military Sales (FMS) contract award on Jan. 27, 2022 to provide Puma™ 3 AE small unmanned aircraft systems (UAS), initial spares packages, training and support to an allied nation. Delivery is anticipated by November 2022.

“Combat-proven, versatile and reliable, Puma 3 AE provides persistent situational awareness, critical force protection and force multiplication capabilities to small tactical units conducting operations in salt water, fresh water or on land,” said Trace Stevenson, AeroVironment vice president and product line general manager for small UAS.

AeroVironment’s Puma 3 AE delivers mission critical intelligence, surveillance and reconnaissance (ISR) in all environments. Puma 3 AE has a wingspan of 9.2 feet (2.8 meters), weighs 15 pounds (6.8 kilograms) and can operate for up to 37.2 miles (60 kilometers) with AeroVironment’s Long-Range Tracking Antenna (LRTA). Multi-mission capable, operators can swap between Mantis™ i45 and the enhanced night variant Mantis i45 N for day, night and low-light operations. Puma 3 AE is launchable by hand, bungee, rail, or vehicle, and recoverable by deep-stall landing, providing class-leading capabilities in challenging environments around the world.

AeroVironment’s small UAS comprises the majority of all unmanned aircraft in the U.S. Department of Defense (DoD) inventory, and its rapidly growing international customer base numbers more than 50 allied governments. To learn more, visit www.avinc.com.

ABOUT AEROVIRONMENT UNMANNED AIRCRAFT SOLUTIONS

AeroVironment’s portfolio of intelligent, multi-domain robotic systems includes small footprint, runway-independent UAS. These solutions offer increased, multi-mission capabilities with the option of selecting the appropriate aircraft based on the type of mission to be performed. These capabilities have the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel, as well as greater safety, scalability and cost savings to commercial operators. With the addition of the Crysalis™ next-generation ground control solution, command and control of compatible UAS and their payloads is streamlined through an intuitive user experience, and battlefield communication and collaboration are improved by enabling users to easily share real-time information and coordinate mission-critical decisions. AeroVironment provides turnkey ISR and support services worldwide to ensure a consistently high level of mission success. AeroVironment has delivered tens of thousands of new and replacement unmanned air vehicles to customers within the United States and to more than 50 allied governments. For more information, visit www.avinc.com/uas.

AeroVironment Awarded $10.5 Million Puma LE Unmanned Aircraft Systems Foreign Military Sales Contract for U.S. Ally

February 09, 2022

• Puma LE (Long Endurance) provides Group 2 capabilities in a Group 1 footprint and features up to 6.5 hours of flight endurance for an extended time on station – all in a two-case mission packout
• Customer joins growing number of allied government forces fielding AeroVironment’s advanced, battle-proven small unmanned aircraft systems
• Foreign Military Sales program promotes interoperability among U.S. and allied forces for joint operations

ARLINGTON, Va., Feb. 9, 2022 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today announced it received a $10,534,348 firm-fixed-price U.S. Department of Defense Foreign Military Sales (FMS) contract award on Jan. 21, 2022. The contract includes the delivery of Puma™ LE small unmanned aircraft systems (UAS) over a six-year period to an allied nation, as well as add-on air vehicle kits, initial spares packages, training and support.

“With the adoption of Puma LE and other AeroVironment small UAS, customers are equipping their frontline forces with the ability to see and operate beyond the horizon, gathering on-demand intelligence, surveillance and reconnaissance that can ultimately save lives,” said Trace Stevenson, AeroVironment vice president and product line general manager for small UAS.

Weighing only 23.5 pounds (10.7 kilograms), the ultra-lightweight Puma LE is hand or bungee launchable. The aircraft comes equipped with the Mantis™ i45 gimbaled EO/IR sensor suite and secondary payload bay with dedicated power supply and Ethernet for a total payload capacity of 5.5 pounds (2.5 kilograms). On-board batteries provide up to 6.5 hours of flight endurance with an operational range of 37.2 miles (60 kilometers) when used with AeroVironment’s Long-Range Tracking Antenna (LRTA) and Puma Smart 2500 Battery.

AeroVironment’s small UAS comprises the majority of all unmanned aircraft in the U.S. Department of Defense (DoD) inventory, and its rapidly growing international customer base numbers more than 50 allied governments. To learn more, visit www.avinc.com.

ABOUT AEROVIRONMENT UNMANNED AIRCRAFT SOLUTIONS

AeroVironment’s portfolio of intelligent, multi-domain robotic systems includes small footprint, runway-independent UAS. These solutions offer increased, multi-mission capabilities with the option of selecting the appropriate aircraft based on the type of mission to be performed. These capabilities have the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel, as well as greater safety, scalability and cost savings to commercial operators. With the addition of the Crysalis™ next-generation ground control solution, command and control of compatible UAS and their payloads is streamlined through an intuitive user experience, and battlefield communication and collaboration are improved by enabling users to easily share real-time information and coordinate mission-critical decisions. AeroVironment provides turnkey intelligence, surveillance and reconnaissance (ISR) and support services worldwide to ensure a consistently high level of mission success. AeroVironment has delivered tens of thousands of new and replacement unmanned air vehicles to customers within the United States and to more than 50 allied governments. For more information, visit https://www.avinc.com/uas.

AeroVironment Introduces Switchblade 300 Sensor to Shooter Kit, A Simple-to-Integrate Multi-Domain ISR and Precision Strike Capability

January 18, 2022

• Sensor to Shooter (S2S) enables instantaneous machine-to-machine transfer of target coordinates from AeroVironment’s small unmanned aircraft systems to Switchblade 300 loitering missile systems
• S2S software securely relays mission-critical, real-time video and flight telemetry data, reducing engagement timelines and operator cognitive load
• Switchblade 300 Sensor to Shooter Kit enables users to quickly update FalconView with the S2S software on their laptop and connect to the included Pocket Digital Data Link (pDDL)

ARLINGTON, Va., Jan. 18, 2022 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today introduced the Switchblade® 300 Sensor to Shooter Kit, a capability that enables operators to instantly transfer target coordinates from AeroVironment’s small unmanned aircraft systems (SUAS) – Puma™ 3 AE, Puma™ LE, Raven® B or Wasp® AE – to Switchblade 300 loitering missile systems.

“Sensor to Shooter maximizes the operator’s ability to see first, strike first, combining the superior intelligence, surveillance, and reconnaissance capabilities of AeroVironment’s SUAS with the precision strike capabilities of the Switchblade loitering missile system,” said Charles Dean, AeroVironment vice president for global business development and sales of UAS.

The Switchblade 300 Sensor to Shooter Kit includes everything needed to quickly update FalconView®, a multi-platform mapping and mission planning application, with the Sensor to Shooter (S2S) software on a ruggedized Windows® 10 laptop and connect to the included Pocket Digital Data Link (pDDL™). Using the software’s intuitive tap-to-target user interface, target coordinates are instantly transferred via machine-to-machine communication from the SUAS to the Switchblade 300 to create an automated mission plan and launch sequence with no chance of data entry error.

Upon launch, the Switchblade 300 can autonomously navigate to the designated coordinate position, allowing operators to scene match full-motion video downlink from both assets to ensure positive identification of the target. Once confirmed, operators can then engage the target with lethal effects and immediately capture the resulting battle damage assessment from the SUAS overwatch to reassess targets for follow-on or immediate re-attack strikes.

“The Switchblade 300 Sensor to Shooter Kit builds on AeroVironment’s commitment to deliver innovative, streamlined interoperable solutions that elevate the warfighter’s situational awareness, reduce engagement timelines and cognitive load, and increase mission success and operational safety,” Dean added.

To learn more, visit: https://avinc.com/tms/switchblade

AeroVironment Awarded $4 Million Small Unmanned Aircraft Systems Foreign Military Sales Contract for U.S. Ally

December 01, 2021

• Puma 3 All Environment (AE) and Wasp AE unmanned aircraft systems deliver immediate tactical intelligence, surveillance, and reconnaissance in maritime and land operations
• Customer joins growing number of allied government forces fielding AeroVironment’s advanced, battle-proven small unmanned aircraft systems
• Foreign Military Sales program promotes interoperability among U.S. and allied forces for joint operations

ARLINGTON, Va., Dec. 1, 2021 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today announced it received a $4,151,320 firm-fixed-price U.S. Department of Defense Foreign Military Sales (FMS) contract award on Sept. 27, 2021 to provide Puma™ 3 AE and Wasp® AE small unmanned aircraft systems (UAS), initial spares packages, training and support to an allied nation. Delivery is anticipated by September 2022.

“Allied forces around the world continue to adopt and deploy AeroVironment’s battle-proven small unmanned aircraft systems in order to increase the mission effectiveness and safety of their frontline forces,” said Trace Stevenson, AeroVironment vice president and product line general manager for small UAS.

AeroVironment’s Puma 3 AE unmanned aircraft system is designed for land and maritime operations. The hand-launched Puma 3 AE has a wingspan of 9.2 feet, weighs 15 pounds and can operate for up to 2.5 hours. The aircraft also has a range of 12.4 miles (20 kilometers) with a standard range antenna, up to 24.9 miles (40 kilometers) with AeroVironment’s Extended Range Antenna (ERA) and up to 37.2 miles (60 kilometers) with AeroVironment’s Long-Range Tracking Antenna (LRTA). It also features reduced system packaging with a flyable configuration and Ground Control System (GCS) in one case. Capable of landing in water or on land, the all-environment Puma 3 AE and Mantis i45 EO/IR sensor suite empower operators with extended flight time and a level of imaging capability never before available in the small UAS class.

Wasp AE is a lightweight, man-packable UAS that weighs just over a kilogram and delivers best-in-class capabilities for an unmanned aircraft system of its size, including stealthy maneuverability, superior imagery, encrypted video and exceptional ease of use. Wasp’s gimbaled payload is mechanically stabilized, enabling it to transmit advanced imagery in high-wind conditions, while its advanced avionics allow operators the option of manual or autonomous navigation.

AeroVironment’s small UAS comprises the majority of all unmanned aircraft in the U.S. Department of Defense (DoD) inventory, and its rapidly growing international customer base numbers more than 50 allied governments. To learn more, visit www.avinc.com.

ABOUT AEROVIRONMENT UNMANNED AIRCRAFT SOLUTIONS

AeroVironment’s portfolio of intelligent, multi-domain robotic systems includes small footprint, runway-independent unmanned aircraft systems (UAS). These solutions offer increased, multi-mission capabilities with the option of selecting the appropriate aircraft based on the type of mission to be performed. These capabilities have the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel, as well as greater safety, scalability and cost-savings to commercial operators. With the addition of the Crysalis™ next-generation ground control solution, command and control of compatible UAS and their payloads is streamlined through an intuitive user experience and battlefield communication and collaboration is improved by enabling users to easily share real-time information and coordinate mission-critical decisions. AeroVironment provides turnkey ISR and support services worldwide to ensure a consistently high level of mission success. AeroVironment has delivered tens of thousands of new and replacement unmanned air vehicles to customers within the United States and to more than 50 allied governments. For more information, visit https://www.avinc.com/uas.

AeroVironment’s New Mantis i45 N Multi-Sensor Imaging Payload Delivers Advanced ISR for Nighttime Operations

November 16, 2021

• Mantis i45 N provides maximum visibility during low-light or nighttime intelligence, surveillance, and reconnaissance (ISR) operations
• All-environment rated payload maintains similar footprint to battle proven Mantis i45, for fast in-field change-out of payloads between day and night operations
• No software updates required to Puma UAS avionics or ground control stations for legacy system compatibility

ARLINGTON, Va., Nov. 16, 2021 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today introduced the Mantis™ i45 N, a multi-sensor nighttime imaging payload compatible with Puma™ 2 AE, Puma™ 3 AE and Puma™ LE small unmanned aircraft systems (UAS). Lightweight (905 g) and compact, the new Mantis i45 N joins AeroVironment’s expansive Mantis product line of micro-gimbals delivering high-quality video and imagery downlink to UAS operators. 

Mantis i45 N is a dual-axis, gyro-stabilized, multi-sensor nighttime imaging payload designed for maximum visibility during low-light or nighttime intelligence, surveillance and reconnaissance (ISR) operations. The next-generation imaging system features improved long-wave IR (LWIR) thermal cameras with narrow-angle 32 mm and wide-angle 9.2 mm IR with 7.6x electronic zoom, allowing operators to capture high-resolution video at extended range. Designed for both superior night and low-light performance, the new imaging system also includes an upgraded 5-megapixel monochrome low-light camera sensor and high-powered 860 nm laser illuminator. Through its advanced suite of sensors, the Mantis i45 N payload allows Puma UAS operators to extend aircraft standoff distance for covert operations.

“Today’s battlefield is dynamic and UAS operators increasingly rely on multiple payloads to successfully complete their missions,” said Charles Dean, AeroVironment vice president for global business development and sales of UAS. “The new Mantis i45 N is a game changer during low-light or nighttime ISR operations, delivering increased situational awareness and advanced threat detection in any environment.” 

Built on the trusted and battlefield proven Mantis i45, the enhanced night variant Mantis i45 N maintains the same housing form-factor, allowing for a quick and simple change-out of payloads between day and night operations. Plug and play operational, no software updates are required for Puma UAS avionics or ground control stations for legacy system compatibility. Mantis i45 N is also natively compatible with AeroVironment’s Crysalis™ next generation ground control solution. To learn more, visit: https://www.avinc.com/uas/payloads

AeroVironment Awarded $20.3 Million Switchblade 600 Tactical Missile Systems Hardware Contract by U.S. Special Operations Command

November 04, 2021

• Switchblade 600 tactical missile system 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
• Lightweight, self-contained Switchblade 600 launch tube system allows for deployment flexibility from fixed and mobile platforms on land, in air or at sea

ARLINGTON, Va., Nov. 4, 2021 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today announced it was awarded a firm-fixed-price contract on Sept. 28, 2021 by the United States Special Operations Command (USSOCOM) for $20,321,973 for the procurement of Switchblade® 600 tactical missile systems (TMS). Delivery is scheduled to be completed by January 2023.

“Switchblade 600 is an all-in-one, man-portable tactical missile that provides warfighters with the capability to fly, track and engage non-line-of-sight targets and light-armored vehicles with precision lethal effects,” said Brett Hush, vice president and product line general manager for TMS. “The tube-launched, Switchblade 600 can be easily transported for deployment from fixed and mobile platforms in any environment, providing operators with superior force overmatch and minimizing exposure to direct and indirect enemy fires.” 

AeroVironment’s Switchblade 600 is an all-in-one, man portable solution equipped with a high-performance EO/IR gimbaled sensor suite, precision flight control and more than 40 minutes of flight time to deliver unprecedented tactical reconnaissance, surveillance and target acquisition (RSTA). Its anti-armor warhead enables engagement and prosecution of hardened static and moving light armored vehicles from multiple angles without external ISR or fires assets. Switchblade 600’s patented wave-off and recommit capability allows operators to abort the mission at any time and then re-engage either the same or other targets multiple times based on operator command, resulting in minimal to no collateral damage.

ABOUT AEROVIRONMENT TACTICAL MISSILE SYSTEMS

AeroVironment’s tactical missile systems provide users with the ability to identify threats and deliver a precision lethal payload with minimal collateral damage. Switchblade® 300 and Switchblade® 600 loitering missile systems enable the warfighter to easily launch, fly, track and engage beyond line-of-sight targets and light armored vehicles across land, maritime and air-launched scenarios. The Blackwing™ loitering reconnaissance system is a variant of Switchblade designed to provide rapid-response intelligence, surveillance and reconnaissance capabilities and can be deployed from a submarine using an underwater-to-air delivery canister, shipboard or mobile ground vehicle via tube-launch or Multipack Launcher (MPL). AeroVironment’s tactical missile systems deliver the actionable intelligence and precision firepower needed to achieve mission success across multiple domains.

AeroVironment Demonstrates First-Ever Switchblade Loitering Missile Integration for Air Launched Effects from JUMP 20 Medium Unmanned Aircraft System

November 03, 2021

• Initial proof-of-concept demonstration conducted in August 2021 
• Leverages an AeroVironment end-to-end solution with combat-proven systems for increased mission autonomy and efficacy 

ARLINGTON, Va., Nov. 3, 2021 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today announced the successful demonstration of integrating Switchblade® 300 loitering missiles and JUMP® 20 medium unmanned aircraft systems (UAS) for increased mission autonomy and efficacy. This Air Launched Effects (ALE) proof-of-concept demonstration took place in August 2021 with the goal of launching an inert Switchblade 300 from the JUMP 20 and successfully recovering both air vehicles.

The systems were integrated by fixing the inert Switchblade 300 tube-launch system to the existing JUMP 20 platform’s vertical lift boom with a custom-made bolt-on mount and firing solution. Switchblade 300 was remotely fired using the JUMP 20 ground control solution with in-flight control taken by a separate Switchblade ground element. Both vehicles were successfully recovered, proving the demonstration event to be the first-ever Switchblade 300 integration and air launch from a JUMP 20 Group 3 vertical takeoff and landing (VTOL) platform. 

“This end-to-end integrated solution enables customers with greater time on station than if they were to deploy a Switchblade on its own, resulting in the ability to conduct persistent real-time surveillance to increase the chance of identifying the correct target and minimizing collateral damage,” said Brett Hush, AeroVironment vice president and product line general manager of tactical missile systems. “It combines the combat-proven Switchblade loitering missile’s lethality, reach and precision strike capabilities with low collateral effects and the VTOL, fixed-wing JUMP 20’s advanced multi-sensor ISR services and 14-hour endurance.”

AeroVironment Successfully Demonstrates Maritime Sensor-To-Shooter Capability with Puma 3 AE and Switchblade 300 at NATO REP(MUS) 21 Experimentation Exercise

October 18, 2021

• Experimentation was part of NATO REP(MUS) 21 U.S./U.K. Interoperability to Interchangeability (I2I) initiatives using uncrewed systems
• First successful cross-domain, multi-national and I2I-enabled maritime sensor-to-shooter (S2S) demonstration of Puma 3 AE small unmanned aircraft system and Switchblade 300 tactical missile system
• Demonstrated the interoperability potential of multiple Command and Control Systems/Common Control Systems (CCS) to pass missions, C2 authority, and ISR/targeting data, enabling U.S. and U.K. common mission planning and execution systems in coordinated mission profiles
• International debut of the Precision Recovery System (PRS), which supported Puma 3 AE’s continuous mission taskings with a quick turnaround recover/launch capability using an automated net landing capability on an underway U.S. Navy ship

ARLINGTON, Va., Oct. 18, 2021 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today announced the successful maritime demonstration of a Puma™ 3 AE small unmanned aircraft system and Switchblade® 300 tactical missile system sensor-to-shooter (S2S) capability as part of NATO REP(MUS) 21, Europe’s largest maritime unmanned systems operational experimentation exercise, hosted at the Portuguese Navy Centre for Operational Experimentation held in Troia, Portugal in September. The experimentation was part of a United States/United Kingdom Interoperability to Interchangeability (I2I) initiative using unmanned/uncrewed systems.

A key component of the exercise was demonstrating the interoperability of multiple U.S./U.K. control system capabilities to facilitate the transfer through the Puma 3 AE comm relay connection of tactical control and planning tasks of interchangeable, cross-domain assets. This successful demonstration was the result of combined and coordinated efforts of coalition and industry partnerships including the Naval Information Warfare Center’s C-SCAPE Common Control System (CCS), the Naval Undersea Warfare Center’s CaSHMI system, U.K. Ministry of Defense’s MAPLE command and control system, AeroVironment’s Crysalis™ ground control system (GCS) connected to the varied control systems utilizing a new STANAG 4586 Level 4 interface, unmanned/uncrewed surface vehicles, unmanned underwater vehicles and manned surface ships from additional NATO allies. The U.S. delegation was led by NAVSEA’s Program Executive Office for Unmanned and Small Combatants.

Launched from the USNS Carson City, Puma 3 AE UAS served as an intelligence, surveillance and reconnaissance (ISR) and targeting asset during the S2S exercise. Post launch, control of the Puma 3 AE was transferred to C-SCAPE, which was acting as the CCS on the USNS Carson City for this mission segment. Using its high-resolution Mantis i45 payload, the Puma 3 AE was used by military operators from the Maritime Operations Center (MOC), located in Troia, to positively identify the moving exercise target of interest. The target location was then digitally transferred from Puma 3 AE to a Switchblade 300 via S2S prior to its launch. The S2S functionality was witnessed by U.S. Navy personnel only.

As a demonstration of interchangeability, Switchblade 300 was then launched from a U.K. unmanned/uncrewed surface vessel (USV), the Maritime Autonomy Demonstrator for Operational eXperimentation (MADFOX), and automatically flew to the fast-moving target using the coordinates provided. Once the target was in the field of view of Switchblade 300’s optical sensors, the Switchblade 300 mission operator confirmed the target and engaged. During final target approach, Switchblade 300 was waved off just prior to actual engagement of the exercise target to effectively display its patented wave-off capability. Once the exercise was completed, the Puma 3 AE was autonomously recovered back onboard the USNS Carson City via the Precision Recovery System (PRS) demonstrator while the ship remained underway and on course.

“The system launch from MADFOX was a U.K. first, demonstrating the potential of USVs for lethal and other payloads; crucially, the whole serial was commanded, enabled and facilitated using information provided by uncrewed systems. It is a significant step for I2I, the sensor-to-shooter capability and interoperability,” said Commander Antony Crabb, Royal Navy, NavyX Experimentation Team Leader.

“This demonstration proved AeroVironment’s sensor-to-shooter solution dramatically elevates operator situational awareness, reduces engagement timelines and reduces the chances of mis-targeting,” said Charles Dean, AeroVironment vice president for global business development and sales of UAS. “It also deemed relaying missions and surveillance data between U.K. and U.S. planning systems as effective and successful and demonstrated the maturity of Puma 3 AE’s capabilities for broad naval adoption.”

Dean added, “Particularly, the new STANAG 4586 Level 4 compliant interface for Crysalis GCS to connect AeroVironment SUAS with large naval vessel Tactical Control Systems and the Puma 3 AE Precision Recovery System, allowing autonomous aircraft recovery for larger vessels while continuously underway.”

Subsequent REP(MUS) 21 demonstrations connected the U.K.’s MAPLE command and control system to an airborne Puma 3 AE, allowing full control of both the aircraft and its i45 payload as MAPLE commanded. Both Puma 3 AE and Switchblade 300 flight operations regularly involved aircraft handoffs between control stations on the USNS Carson City, MADFOX, the Troia beach FOB, and the MOC at Troia base operations.

AeroVironment’s participation and contributing fielded Puma 3 AE and Switchblade 300 systems impacted the exercise greatly by enabling both U.S. and U.K. control systems to interact through comm relay STANAG 4856 compatibility, cross-domain unmanned capability C2 networking over-the-horizon and combined coalition S2S unmanned/uncrewed response to fast attack threats.

U.S. Army Awards AeroVironment $11.7 Million Third and Final Contract Option for Raven Radio Frequency Modifications Under Existing FCS Contract

October 06, 2021

• 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.

The contract option was exercised under the Army’s FCS domain awarded to AeroVironment in June 2019 and announced in November 2019 – the first of six domains comprising the Army’s existing five-year Indefinite Delivery, Indefinite Quantity (IDIQ) SUAS contract – bringing the total final value of contract to $54,632,776.

“The Raven system was created to provide frontline forces with real-time, accurate over-the-horizon situational awareness in conflict areas; a capability that was unavailable at the time of its inception,” said Trace Stevenson, vice president and product line general manager of small UAS. “Today, Raven is the most widely deployed unmanned aircraft system in the world and continues to serve as a modern tool for customers to gain superiority on the battlefield.”

The Raven system is designed for rapid deployment and high mobility for operations requiring low-altitude intelligence, surveillance and reconnaissance (ISR). With a wingspan of 4.5 feet and weighing just 4.2 pounds (1.9 kilograms), the hand-launched Raven provides situational awareness, day or night, with an operational range of 6.2 miles (10 kilometers). The Raven’s Mantis i23 EO/IR gimbaled payload delivers real-time video or infrared imagery to ground control and remote viewing stations.

AeroVironment’s family of tactical UAS comprises the majority of all unmanned aircraft in the U.S. Department of Defense (DoD) inventory, and its rapidly growing international customer base numbers more than 50 allied governments. To learn more, visit www.avinc.com.

ABOUT AEROVIRONMENT UNMANNED AIRCRAFT SOLUTIONS 

AeroVironment’s portfolio of intelligent, multi-domain robotic systems includes small footprint, runway-independent unmanned aircraft systems (UAS). These solutions offer increased, multi-mission capabilities with the option of selecting the appropriate aircraft based on the type of mission to be performed. These capabilities have the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel, as well as greater safety, scalability and cost-savings to commercial operators. With the addition of the Crysalis™ next-generation ground control solution, command and control of compatible UAS and their payloads is streamlined through an intuitive user experience and battlefield communication and collaboration is improved by enabling users to easily share real-time information and coordinate mission-critical decisions. AeroVironment provides turnkey ISR and support services worldwide to ensure a consistently high level of mission success. AeroVironment has delivered tens of thousands of new and replacement unmanned air vehicles to customers within the United States and to more than 50 allied governments. For more information, visit https://www.avinc.com/uas. 

Telerob, an AeroVironment Company, Receives Multi-Million Dollar Unmanned Ground Vehicle Order from Latvian Ministry of Defense

September 28, 2021

• 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.

“Every year, Latvian Explosive Ordnance Disposal forces neutralize ammunitions of various caliber rifles, artillery shells, minesweepers, aviation bombs and other explosive objects by the thousands,” said Brian Young, AeroVironment vice president and product line general manager of unmanned ground vehicles. “With the deployment of Telerob’s telemax EVO HYBRID and tEODor EVO UGVs, Latvian Explosive Ordnance Disposal units can continue to detect, identify, disarm and render safe explosive devices found throughout the territory of Latvia, as well as in international peacekeeping operations, and they can do so safely and efficiently from a greater standoff distance.”

The tEODor EVO is purpose-built for explosive ordnance disposal and disarming improvised explosive devices. The UGV features a 6-axis manipulator with telescopic reach, is heavy-lift capable (220 pounds/100 kilograms) and can precisely handle hazardous materials with a 12-inch (300 millimeter) gripper that features an integrated laser rangefinder, video input and data interface. Its dual-track drive system with independent high-torque motors allows it to traverse multiple gradients, high obstacles, or steep inclines.

The telemax EVO HYBRID is a versatile UGV with compact dimensions and a strong lift capacity up to 82 pounds (37 kilograms). It features a 6-axis precision manipulator with Tool Center Point Control to give operators humanlike control and a 4-track drive system with auto-leveling to easily handle multiple gradients, gaps and terrains. The telemax EVO HYBIRD is also equipped with HD Pan/Tilt/Zoom cameras that produce razor-sharp images with four simultaneous video feeds.

To learn more about Telerob, an AeroVironment Company, advanced ground robotic solutions, visit https://www.avinc.com/ugv/unmanned-ground-vehicle-solutions. 

ABOUT TELEROB, AN AEROVIRONMENT COMPANY

Telerob is a leading manufacturer of defense and homeland security solutions based in Ostfildern near Stuttgart, Germany. The product range includes remote-controlled unmanned ground vehicles for disarming improvised explosive devices and investigating CBRN hazards, fully equipped service vehicles, as well as mobile system solutions ensuring the safety and security of critical infrastructure and people. For more information, visit https://www.telerob.com/en/. 

United States Pentagon Force Protection Agency Equips Hazardous Devices Branch with Telerob telemax EVO HYBRID Unmanned Ground Vehicle System

September 15, 2021

• 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.

"With its strong 6-axis precision manipulator, Tool Center Point Control and automatic tool exchange, the telemax EVO HYBRID enables EOD and HAZMAT units to perform dangerous missions from a safe distance and with precision control, even in the most confined spaces," said Brian Young, AeroVironment vice president and product line general manager for unmanned ground vehicles.

The telemax EVO HYBRID is a versatile UGV with an expansive payload bay and automatic tool exchange that allow operators to take multiple tools, disruptors, or other sensors downrange, eliminating round-trip load-outs. The telemax EVO HYBRID features a 4-track drive system with auto-leveling to easily handle multiple gradients, gaps and terrains, and its onboard IP Mesh radio delivers secure communications in complex urban environments.

To learn more about Telerob’s advanced ground robotic solutions, visit https://www.avinc.com/ugv/unmanned-ground-vehicle-solutions.

ABOUT TELEROB, AN AEROVIRONMENT COMPANY

Telerob is a leading manufacturer of defense and homeland security solutions based in Ostfildern near Stuttgart, Germany. The product range includes remote-controlled unmanned ground vehicles for disarming improvised explosive devices and investigating CBRN hazards, fully equipped service vehicles, as well as mobile system solutions ensuring the safety and security of critical infrastructure and people. For more information, visit https://www.telerob.com/en/.

AeroVironment Introduces Standardized Modular Payload Interface Kits for RQ-20B Puma Tactical Unmanned Aircraft Systems; Kits Under Order by USSOCOM

August 04, 2021

• 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).

The Modular Payload Standard was established by U.S. Special Operations Command (USSOCOM) in order to create a modular architectural standard for a wide variety of payloads on Groups 1 through 3 UAS. The kits enable third-party payload manufacturers, as well as United States Department of Defense and international partners, to quickly and easily develop and integrate payloads onto RQ-20B Puma. AeroVironment’s standardized modular payload interface kit is a self-contained unit that provides all of the mechanical and electrical interfaces required to enable RQ-20B Puma to mate with new payloads, regardless of whether or not they were developed specifically for the RQ-20B Puma platform. This interface kit not only allows for more rapid integration of new payloads, but it also reduces time and complexity for operators to swap them on the flight line and reduces government cost for new integrations.

"AeroVironment’s standardized modular payload interface kits enable customer-driven payloads to be rapidly and effortlessly integrated into the thousands of digitally enabled Puma systems already deployed, resulting in a more capable solution that is adaptable to more mission sets at a fraction of the cost of a new system,” said Trace Stevenson, AeroVironment vice president and product line general manager for small UAS.

AeroVironment received an initial firm-fixed price order for modular payload standard kits from USSOCOM on May 12, 2021. Delivery of the kits is anticipated by November 2021.

AeroVironment’s family of tactical UAS comprises the majority of all unmanned aircraft in the U.S. Department of Defense (DoD) inventory, and its rapidly growing international customer base of more than 50 allied governments. To learn more, visit www.avinc.com.

ABOUT AEROVIRONMENT UNMANNED AIRCRAFT SOLUTIONS

AeroVironment’s portfolio of intelligent, multi-domain robotic systems includes small footprint, runway-independent unmanned aircraft systems (UAS). These solutions offer increased, multi-mission capabilities with the option of selecting the appropriate aircraft based on the type of mission to performed. These capabilities have the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel, as well as greater safety, scalability and cost-savings to commercial operators. With the addition of the Crysalis™ next-generation ground control solution, command and control of compatible UAS and their payloads is streamlined through an intuitive user experience and battlefield communication and collaboration is improved by enabling users to easily share real-time information and coordinate mission-critical decisions. AeroVironment provides turnkey ISR and support services worldwide to ensure a consistently high level of mission success. AeroVironment has delivered tens of thousands of new and replacement unmanned air vehicles to customers within the United States and to more than 50 allied governments. For more information, visit https://www.avinc.com/uas. 

AeroVironment Receives Puma 3 AE and Raven Unmanned Aircraft System Orders Totaling $15.9 Million from United States Air Force

July 22, 2021

• 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.

The AeroVironment Puma 3 AE UAS is designed for land and maritime operations. Capable of landing in water or on land, the all-environment Puma 3 AE and Mantis i45 EO/IR sensor suite empower operators with extended flight time and a level of imaging capability never before available in the tactical UAS class. The hand-launched Puma 3 AE has a wingspan of 9.2 feet, weighs 15 pounds and can operate for up to 2.5 hours. The aircraft also has a range of 12.4 miles (20 kilometers) with a standard antenna, and up to 37.2 miles (60 kilometers) with AeroVironment’s Long-Range Tracking Antenna (LRTA). It also features reduced system packaging with a flyable configuration and GCS in one case.

AeroVironment’s Raven system is designed for rapid deployment and high mobility for operations requiring low-altitude intelligence, surveillance and reconnaissance. With a wingspan of 4.5 feet (1.4 meters) and weighing just 4.2 pounds (1.9 kilograms), the hand-launched Raven provides situational awareness, day or night, with an operational range of 6.2 miles (10 kilometers). The Raven’s Mantis i23 EO/IR gimbaled payload delivers real-time video or infrared imagery to ground control and remote viewing stations.

Both Raven and Puma 3 AE UAS can be operated using Crysalis™, AeroVironment’s next-generation ground control solution for command and control, which improves battlefield communication and collaboration by enabling users to easily share real-time information and coordinate mission-critical decisions.

AeroVironment has delivered tens of thousands of new and replacement unmanned air vehicles to customers within the United States and to more than 50 allied governments. For more information, visit https://www.avinc.com/uas.

About AeroVironment UNMANNED AIRCRAFT SOLUTIONS

AeroVironment’s portfolio of intelligent, multi-domain robotic systems includes small footprint, runway-independent unmanned aircraft systems. The JUMP® 20, T-20™ and Puma™ LE provide extended range, multi-payload capabilities, and the Puma™ RQ-20, Raven® RQ-11B, Wasp® RQ-12A, VAPOR® Helicopter and automated Quantix™ Recon deliver highly tactical, frontline situational awareness. These solutions deliver increased, multi-mission capabilities and the option of selecting the appropriate aircraft based on the type of mission to be performed. These capabilities have the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel, as well as greater safety, scalability and cost-savings to commercial operators. AeroVironment provides turnkey ISR and support services worldwide to ensure a consistently high level of mission success.

AeroVironment Selected by U.S. Special Operations Command for $22 Million Beyond Line of Sight ISR Services Award Under Mid-Endurance Unmanned Aircraft Systems IV Program

July 13, 2021

• 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.

“The JUMP 20 delivers an unmatched level of versatility, with runway and infrastructure independence, multiple payload configurations, class-leading endurance and a track record of reliability and ruggedness,” said Gorik Hossepian, AeroVironment vice president and product line general manager for medium UAS. “The inclusion of a SATCOM payload adds beyond line of sight operation to the JUMP 20, providing our customer with expanded reach and situational awareness, and representing another game-changing, market-leading capability.”

The AeroVironment JUMP 20 is the first fixed-wing unmanned aircraft system capable of vertical takeoff and landing (VTOL) to be deployed extensively in support of U.S. military forces. Ideal for multi-mission operations, JUMP 20 delivers 14+ hours of endurance, a standard operational range of 185 km (115 mi) and is runway independent. The system can be set up and operational in less than 60 minutes without the need for launch or recovery equipment and has a useable payload capacity of up to 30 pounds. The JUMP 20 also features a common autopilot and ground control system architecture providing a highly customizable, modular platform which can be custom-configured to meet operational or customer requirements.

About AeroVironment UNMANNED AIRCRAFT SOLUTIONS

AeroVironment’s portfolio of intelligent, multi-domain robotic systems includes small footprint, runway-independent unmanned aircraft systems. The JUMP® 20, T-20™ and Puma™ LE provide extended range, multi-payload capabilities, and the Puma™ RQ-20, Raven® RQ-11B, Wasp® RQ-12A, VAPOR® Helicopter and automated Quantix™ Recon deliver highly tactical, frontline situational awareness. These solutions deliver increased, multi-mission capabilities and the option of selecting the appropriate aircraft based on the type of mission to be performed. These capabilities have the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel, as well as greater safety, scalability and cost-savings to commercial operators. AeroVironment provides turnkey ISR and support services worldwide to ensure a consistently high level of mission success. AeroVironment has delivered tens of thousands of new and replacement unmanned air vehicles to customers within the United States and to more than 50 allied governments. For more information, visit https://www.avinc.com/uas.

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About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

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About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

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Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

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About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

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Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

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About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

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Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

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About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

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Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

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About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

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Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

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About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

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Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

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About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

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Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

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About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

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Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

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+1.703.418.2828
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---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

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Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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AV Media Gallery: click here

Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

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Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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AV Media Gallery: click here

Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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AV Media Gallery: click here

Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

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AV Media Gallery: click here

Contact:

For AeroVironment:
Investors
Jonah Teeter-Balin
+1 (805) 520-8350 x4278
https://investor.avinc.com/contact-and-faq/contact-us

Media
Joseph Sala / Woomi Yun / Jenna Shinderman
Joele Frank, Wilkinson Brimmer Katcher
+1 (212) 355-4449

For BlueHalo:
Paul Frommelt
.(JavaScript must be enabled to view this email address)
+1 (703) 609-9721

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About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

AeroVironment, Inc.

Rene´Bardorf
VP, Marketing and Communications
+1 (805) 520-8350
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

AeroVironment, Inc.

Rene´Bardorf
VP, Marketing and Communications
+1 (805) 520-8350

.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

AeroVironment, Inc.

Rene´Bardorf
VP, Marketing and Communications
+1 (805) 520-8350

.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

Angela Schutt
AeroVironment, Inc.
pr@avinc.com

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

Angela Schutt
AeroVironment, Inc.
pr@avinc.com

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

Angela Schutt
AeroVironment, Inc.
pr@avinc.com


NVESTOR CONTACT
Jonah Teeter-Balin
AeroVironment, Inc.
+1 (805) 520-8350
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

Angela Schutt
AeroVironment, Inc.
pr@avinc.com


INVESTOR CONTACT
Jonah Teeter-Balin
AeroVironment, Inc.
+1 (805) 520-8350
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

Angela Schutt
AeroVironment, Inc.
pr@avinc.com

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

INVESTOR CONTACT
Cindy Jacobson
AeroVironment, Inc.
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

INVESTOR CONTACT
Jonah Teeter-Balin
AeroVironment, Inc.
+1 (805) 520-8350 x4278
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

INVESTOR CONTACT
Jonah Teeter-Balin
AeroVironment, Inc.
+1 (805) 520-8350 x4278
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

INVESTOR CONTACT
Jonah Teeter-Balin
AeroVironment, Inc.
+1 (805) 520-8350 x4278
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

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Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

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Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

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Contact:

AeroVironment, Inc.
Jonah Teeter-Balin
+1 (805) 520-8350 x4278

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About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

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Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

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Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

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About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

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Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

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Additional AV News: click here
AV Media Gallery: click here

Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

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About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

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Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)

---

About AeroVironment, Inc.

AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

---

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

---

Additional AV News: click here
AV Media Gallery: click here

Contact:

AeroVironment
+1.703.418.2828
.(JavaScript must be enabled to view this email address)