U.S. Air Force Takes Delivery of BATMAV Micro Unmanned Aircraft Systems from AeroVironment

August 06, 2007

WASHINGTON, At AUVSI North America, Aug. 6, 2007 - AeroVironment, Inc. (AV) (NASDAQ: AVAV), a leader in unmanned aircraft systems and efficient electric energy systems, today announced that the U.S. Air Force has recently taken delivery of its initial BATMAV micro unmanned aircraft systems (UAS), which include the Wasp III air vehicle, as planned under the Air Force Beyond Line of Site (BLOS) program. AV received the BATMAV, or Battlefield Air Tactical Micro Air Vehicle, award in December 2006 after competing against a number of candidate systems. AV recently received orders for 30 systems through the program's indefinite delivery/indefinite quantity (IDIQ) contract which provides for purchases of up to $45 million over a period of five years.

Wasp III has a wingspan of 29 inches, weighs 1 pound and carries integrated forward and side looking electro-optical color cameras as well as a modular forward or side-looking electro-optical or infrared payload. The system is backpackable and is capable of operating for up to 45 minutes at up to 5 kilometers from the transceiver. AV designed the system to support the Air Force's Battlefield Airman Operators Kit. Wasp III is a block III version of the Wasp micro UAS, which AV developed under a contract with the Defense Advanced Research Projects Agency (DARPA).

"We were proud to be selected by the Air Force to support this program of record, which is the first such program for a micro air vehicle. We are now eager to place new BATMAV systems into the hands of Air Force personnel on the battlefield so that they can operate more effectively and safely," said John Grabowsky, executive vice president and general manager of unmanned aircraft systems for AV. "While Wasp III weighs only 1 pound, it provides many advanced technologies proven to be of extraordinary value across U.S. military services. The Wasp III system can be operated with the same common ground control and user interface as AV's Raven and Puma small UAS. This IDIQ is designed to enable other U.S. armed services to order these systems through the BLOS program, in addition to facilitating the procurement of BATMAV systems by the Air Force."

The U.S. Armed Forces' broad adoption of small and micro UAS has been accelerated by their demonstrated force protection and force multiplier advantages. Each of AV's systems is backpackable, with aircraft that are hand-launched and act as sensor platforms to provide day and night, real-time video imagery to a common hand-held control unit used by tactical units for "over-the-hill" and "around-the-corner" reconnaissance, surveillance and target acquisition.

AV has won three open competitions for U.S. Department of Defense small and micro UAS programs of record. As a result AV is the sole supplier of these small UAS to U.S. Army, Special Operations Command, Marine Corps and Air Force programs. To date, AV has produced more than 6,000 small and micro UAS including Raven, Dragon Eye, Puma and Wasp, and the U.S. Army alone has flown AV's Ravens for tens of thousands of hours in support of combat operations in Iraq and Afghanistan.

About AeroVironment, Inc. (AV)

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. Celebrating 50 years of innovation, 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.

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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AeroVironment, Inc.
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