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Source: AeroVironment Inc.

AeroViroment Inc. opened 2018 with plans to build a drone that flies higher and longer than any it has built before – a solar-powered plane that could soar in the upper atmosphere for weeks or months at a time and carry a load of telecommunications transmitters.

The company laid out its latest goals as part of a Jan. 3 announcement of a joint venture with Tokyo-based telecommunications giant SoftBank Corp., called HAPSMobile Inc. The new partners will join an ambitious field of projects – including a flying-wing in the works at Facebook Inc. and a balloon-based experiment by Alphabet Inc. – that aim to lift telecommunications transmitters up to 65,000 feet above sea level in order to grab a piece of the broadband market in developing countries.

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Source: AeroVironment Inc.

“We’ve been aware of the utility that HALE unmanned aircraft systems can deliver and have been tracking the market’s receptivity to it for a long time now,” Steve Gitlin, Vice President Corporate Strategy at AeroVironment, told Commercial UAV News. “With this partnership, we’ll be able to work with a partner who not only understands the end user market opportunities in telecommunications, but also has a very deep understanding of technology innovation themselves.”

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Source: AeroVironment Inc.
  • Joint venture to fund development and production of solar-powered high-altitude unmanned aircraft systems
  • AeroVironment to design and develop solar aircraft and ground control stations for flight testing and certification
  • Net value of development contract is $65 million

MONROVIA, Calif.,Jan. 3, 2018AeroVironment, Inc.(NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both defense and commercial applications, today announced the formation of a joint venture to develop solar-powered high-altitude long-endurance, or HALE, UAS for commercial operations.This category of UAS is also referred to as high-altitude pseudo-satellites, or HAPS.The joint venture will fund the development program up to a net maximum value of $65,011,481.

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Source: AeroVironment Inc.
  • Mad Money" host Jim Cramer sat down with AeroVironment President and CEO Wahid Nawabi to hear about his defense and commercial drone company's new products.
  • Nawabi showed Cramer a new product for the agriculture industry that is available for purchase starting Thursday.
  • The $16,500 autonomous drone comes with an app that runs software analytics on its own, the CEO said.
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Source: AeroVironment Inc.
  • Order including multiple Blackwing™ vehicles, sensor payloads and refurbishment kits to be delivered by November 2018
  • Blackwing delivering valuable new capabilities to naval undersea warfare since first deployed last year

WASHINGTON--(BUSINESS WIRE)--Association of the United States Army Annual Meeting and Exposition AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both military and commercial applications, today announced the receipt of a contract award from the United States Navy on September 29, 2017, for continuation and expansion of its Blackwing™ small Unmanned Aerial Vehicles (UAV) program. The contract includes orders for multiple Blackwing vehicles, sensor payloads and refurbishment kits for a total value of $2,578,822. The initial set of vehicles are anticipated for delivery by May 2018, and final delivery anticipated by November 2018.

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Source: AeroVironment Inc.
  • Puma 3 structural enhancements increase durability, enable concurrent operation of electro-optical (EO)/Infrared (IR) and radio frequency (RF) payloads
  • Upgraded avionics modules to provide expanded navigation capabilities in both aircraft
  • Digital Data Link (DDL) security enhancements to support operation in challenging electronic warfare (EW) and cyber environments, in addition to current M1/M2/M5 frequencies

WASHINGTON--(BUSINESS WIRE)--Association of the United States Army Annual Meeting and Exposition AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems for both military and commercial applications, today announced that its Puma™ AE and Raven® small unmanned aircraft systems, the most widely deployed UAVs in the United States Department of Defense fleet, are being enhanced with new upgrades. The new aircraft, Puma 3 and Raven 3, will be unveiled at the AUSA Global Force Symposium in March 2018.

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Source: AeroVironment Inc.
  • Raven and Puma AE aircraft now operate with new M1/M2/M5 radios and frequency spectrum, recently allocated to small UAS by the United States Department of Defense (DoD)
  • Raven and Puma AE systems equipped with M/1/M2/M5 radios weredelivered to two DoD customers this spring
  • AeroVironment also unveiled M1/M2/M5 compatible Pocket DDL AE, designed to operate in all environments

QUANTICO, VA at Modern Day Marine, Sept. 19, 2017AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both military and commercial applications, today announced that it has delivered M1/M2/M5-compatible Raven® and Puma™ AE unmanned aircraft systems (UAS) to two DoD customers, with more orders and deliveries scheduled. In addition, the company will begin taking orders in December 2017 for M1/M2/M5-configured Wasp® AE micro air vehicles (MAV) for delivery in spring 2018.

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Source: AeroVironment Inc.
  • BMW of North America offers AeroVironment’s versatile TurboCord™ EV charger as an accessory for its plug-in electric vehicle lineup
  • TurboCord will give BMW and MINI electrified vehicle drivers flexible dual-voltage (120 V & 240 V) capability and nearly three-times faster charging – all in the smallest, lightest UL-listed portable charger available

MONROVIA, Calif., Sep. 19, 2017AeroVironment, Inc. (NASDAQ:AVAV), a global leader in electric vehicle (EV) charging, today announced its selection as an official North American provider of BMW and MINI-branded TurboCord accessory EV chargers. AeroVironment began shipping TurboCord as a premium charging accessory for BMW in May.

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Source: AeroVironment Inc.
  • Critical upgrade extends range of Puma™ AE systems equipped with AeroVironment’s secure Digital Data Link (DDL) technology to approximately 60 kilometers
  • New technology delivers three times the range of current Puma systems

LONDON, at DSEI, Sept. 12, 2017AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both military and commercial applications, today announced the release of a new, long-range tracking antenna (LRTA) for its Puma™ AE unmanned aircraft system. The critical upgrade extends the range of Puma systems equipped with AeroVironment’s secure Digital Data Link (DDL™) technology to approximately 60 kilometers (37.28 miles),significantly boosting Puma AE’s intelligence, surveillance and reconnaissance (ISR) capabilities and enhancing warfighter safety.

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Source: AeroVironment Inc.

  • Three-year contract includes AeroVironment Wasp® AE systems, plus multi-year training and support
  • Australian-based companies XTEK Limited, Sentient Vision Systems and General Dynamics Mediaware to provide added capabilities for Wasp AE and local support
  • AeroVironment now supports more than 40 allied countries with its family of small unmanned aircraft systems

Canberra, Australia, July 25, 2017AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both military and commercial applications, today participated in a signing ceremony here for the formal execution of contracts (first announced June 1, 2017) to deliver Wasp® AE unmanned aircraft systems (UAS) to the Australian Defence Force (ADF) over a three-year period commencing July 1, 2018.

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