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AeroVironment Inc. - AVAV STOCK NEWS

Welcome to our dedicated news page for AeroVironment (Ticker: AVAV), a resource for investors and traders seeking the latest updates and insights on AeroVironment.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect AeroVironment's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of AeroVironment's position in the market.

Rhea-AI Summary
AeroVironment (AV) unveils Autonomy Retrofit Kit (ARK) and AVACORE software to enhance autonomous systems' capabilities. ARK provides intelligent mission capabilities for unmanned aircraft systems, while AVACORE offers an open framework for unmanned systems with computer vision software. The new systems aim to increase mission effectiveness and reduce operator burdens.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.73%
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AI
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Rhea-AI Summary
AeroVironment's Switchblade 300 Block 20 system has been chosen by the U.S. Marine Corps for the Organic Precision Fires-Light program, providing precision fires capability at the tactical level. The initial order is worth $8.9M with a maximum potential value of $249M. The system offers a lightweight, precision-guided capability against beyond-line-of-sight adversaries, ensuring Marines have effective target engagement with minimal collateral damage.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.26%
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none
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Rhea-AI Summary
AeroVironment (AV) partners with Parry Labs to develop the P550 uncrewed aircraft system for the U.S. Army's Long Range Reconnaissance program. The collaboration aims to integrate digital engineering, software, and mission system hardware using MOSA principles, enhancing warfighter capability and mission flexibility.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.29%
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none
Rhea-AI Summary
AeroVironment, Inc. reports record third-quarter revenue of $186.6 million, up 39% year-over-year, with net income of $13.9 million and adjusted EBITDA of $28.8 million. The funded backlog stands at $462.8 million. The Company raised its fiscal year revenue guidance for 2024 to between $700 million and $710 million, anticipating double-digit revenue growth in fiscal year 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
27.94%
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Rhea-AI Summary
AeroVironment, Inc. (AVAV) to release Q3 financial results on March 4, 2024. The conference call will feature key executives discussing the performance. Investors can register for the call and access the live webcast through the company's website. An audio replay will be available post-event.
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End-of-Day
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Rhea-AI Summary
AeroVironment's PS2500 battery approved for Puma 3 AE UAS, offering up to three hours of flight time. The extended endurance enhances mission flexibility and time on station for land and maritime operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.16%
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Rhea-AI Summary
AeroVironment has been awarded a $2.67 million contract from Advanced Technology International (ATI) to deliver prototype Tomahawk Grip Tab Active controllers and supporting test kits to the U.S. Marine Corps for evaluation. The contract supports the Marine Corps’ Force Design 2030 and other Department of Defense (DoD) initiatives, aiming to enhance lethality and mission success across warfighting functions. The Tomahawk Grip TA controllers will be part of the larger Kinesis Ecosystem, enabling multi-domain, many-to-many UxV operation through a single user interface, reducing physical and cognitive burdens on the operator.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.18%
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Rhea-AI Summary
Amprius Technologies, Inc. announced the launch of its SiCoreTM product platform, an expansion of its silicon anode battery portfolio, offering high-energy-density silicon anode batteries with up to 400 Wh/kg and as many as 1,200 cycles. The new batteries are designed to revolutionize electric mobility and have already garnered positive feedback from customers, with forecasts for demand in excess of 100 megawatt hours over the coming years. The SiCore batteries complement the SiMaxx silicon nanowire anode batteries, serving as a capacity bridge until the gigawatt-scale facility becomes operational. Amprius expects to produce both SiCore and SiMaxx batteries at its gigawatt-scale factory in Colorado.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.2%
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none
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Rhea-AI Summary
AeroVironment, Inc. (AVAV) announced the 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, showcasing the live fire effects of this capability. Shryke, known for its versatile, multi-mission precision strike capability, meets the requirement to stay within 1-2 meters of the designated target. The integration of Shryke munitions on the VAPOR 55 MX allows for multiple targets to be designated in one single flight. The open software and hardware architecture of the VAPOR 55 MX provides added versatility and allows customers to integrate third-party payloads of their choice without excessive non-recurring engineering costs and schedule delays.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.36%
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Rhea-AI Summary
AeroVironment, Inc. (AVAV) has secured a $16,098,922 contract from the U.S. Navy for video analytics and computer vision research, supporting multi-domain robotics initiatives. The Small Business Innovation Research Phase III 'Automated Entity Classification in Video Using Soft Biometrics' will be managed by the Naval Air Warfare Center Aircraft Division in Lakehurst, New Jersey. AeroVironment aims to develop a video analytics software ecosystem for the government, enhancing situational awareness and capabilities for the warfighter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.48%
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AeroVironment Inc.

Nasdaq:AVAV

AVAV Rankings

AVAV Stock Data

4.21B
27.55M
1.07%
87.94%
2.65%
Small Arms Ammunition Manufacturing
Manufacturing
Link
US
Simi Valley

About AVAV

since aerovironment's beginnings more than 45 years ago, our scientists and engineers have sought innovative solutions to many of our most difficult security, energy and infrastructure management challenges. but as remarkable as our products are, it's the actionable intelligence they provide our customers that most clearly defines our company. from the moment we developed our breakthrough unmanned aircraft systems, we understood their primary benefit—giving people the ability to see the situation ahead. with aerovironment's sophisticated eyes in the sky, we could provide life-saving intelligence, reconnaissance and surveillance for our troops on the battlefield. today, aerovironment has become the acknowledged expert and largest supplier of small, unmanned aircraft systems (uas) to the pentagon and to dozens of allied nations. as effective as our small uas have become on the battlefront, they promise to be equally life-saving on the home front. aerovironment's family of integrated and