Aerovironment Stock Price, News & Analysis

AeroVironment (NASDAQ: AVAV) has successfully delivered its first two mobile counter-unmanned aircraft system (C-UAS) prototype Laser Weapon Systems to the U.S. Army. The 20kW-class LOCUST™ systems are integrated on General Motors Defense Infantry Squad Vehicles as part of the Army Multi-Purpose High Energy Laser (AMP-HEL) program.

The systems underwent extensive testing at Yuma Proving Ground and soldier training at Fort Sill. AV plans to deliver two additional systems next month, featuring Joint Light Tactical Vehicles equipped with LOCUST LWS, radar, and command-and-control capabilities. This initiative is part of the Army's broader modernization effort to develop directed energy solutions for defeating drones and other airborne threats.

AeroVironment (NASDAQ: AVAV) has announced a strategic marketing partnership with the Washington Commanders for the 2025 season. AV will serve as the presenting sponsor of Commanders' defensive third downs at Northwest Stadium, featuring prominent in-stadium digital signage and video board presence.

The partnership emphasizes AV's deep connection to the D.C. region, where it maintains 17 facilities with 260,000 square feet of workspace and employs nearly 700 people. The company recently expanded its regional presence through the acquisition of Arlington-based BlueHalo, LLC and opened a new $12.5 million facility in Germantown, Maryland, spanning 57,000 square feet and expected to create over 200 new jobs.

AeroVironment (NASDAQ:AVAV) has partnered with INTEGRITY Security Services (ISS) to develop a next-generation Network Vehicle-to-Everything (V2X) platform called LINX (Low-latency Intelligent Network Exchange). The platform integrates ISS's TrafficAuth-SCMSclient libraries to deliver enhanced security and reliability for connected vehicle applications.

The collaboration combines AV's edge computing expertise with ISS's client libraries to create a solution that enables vehicles to exchange real-time data about potential collisions, road hazards, and traffic conditions. Key features include secure cellular/UU V2X interoperability, digital signature integration, and compliance with IEEE 1609.2 standards and U.S. Department of Transportation requirements.

AeroVironment (NASDAQ: AVAV) has scheduled its first quarter fiscal year 2026 earnings conference call for September 9, 2025, at 4:30 p.m. ET. The company will release its financial results for the quarter ended August 2, 2025, after market close on the same day.

The conference call will be led by Chairman, President and CEO Wahid Nawabi, CFO Kevin P. McDonnell, and Director of Investor Relations Denise Pacioni. Investors can register for the call through the provided registration link, and a live audio webcast will be available on the company's Investor Relations website. An audio replay and transcript will be archived on the website after the event.

AeroVironment (NASDAQ: AVAV) has successfully delivered its initial P550 autonomous Group 2 eVTOL unmanned aircraft systems to the U.S. Army for their Long-Range Reconnaissance (LRR) program. The delivery includes multiple systems and training support for Transformation in Contact (TiC) brigades.

The P550 system features a payload capacity of up to 15 pounds, 5-hour endurance on battery power, and a 55-pound gross take-off weight. Notable capabilities include tool-free reconfiguration in under five minutes, hot-swappable payloads and batteries, and a Modular Open Systems Approach (MOSA) for future upgrades.

AeroVironment (NASDAQ: AVAV) and SNC have announced a strategic partnership to develop the Golden Dome for America (GDA), a next-generation integrated air and missile defense system. The collaboration aims to create a layered defense architecture protecting critical U.S. infrastructure against advanced aerial threats.

The partnership will focus on developing comprehensive defensive solutions that integrate multiple technologies including passive and active sensing, radio frequency, directed energy, kinetic energy, electronic warfare, and cyber solutions. The system is designed to counter various threats, including group 1-4 unmanned aerial systems (UAS), advanced cruise missiles, and next-generation aerial threats.

Additionally, Sierra Space, SNC's sister company, will explore synergies with AV to address critical GDA challenges. The initiative emphasizes open architecture solutions and aims to provide scalable protection for high-value locations such as bases, ships, airfields, and critical infrastructure.

AeroVironment (NASDAQ: AVAV) has unveiled Skyfall, an innovative Mars exploration concept developed in partnership with NASA's Jet Propulsion Laboratory (JPL). The mission, targeted for a 2028 launch, aims to deploy six autonomous scout helicopters on Mars to prepare for future human landings.

Building on the success of the Ingenuity Mars Helicopter program, which completed 72 flights and exceeded expectations by 14 times in flight targets and 32 times in longevity, Skyfall introduces the revolutionary "Skyfall Maneuver" for entry and landing. The helicopters will collect high-resolution surface imaging and sub-surface radar data, focusing on identifying safe landing sites with abundant resources for future astronaut missions.

The project leverages AV's expertise in autonomous systems and JPL's transfer of Ingenuity components, representing a significant advancement in Mars exploration technology and American space capabilities.

AeroVironment (NASDAQ: AVAV) has announced the pricing of two upsized offerings: a common stock offering and convertible senior notes. The company is offering 3,528,226 shares of common stock at $248.00 per share and $650 million in 0% convertible senior notes due 2030.

The combined net proceeds are expected to be approximately $1.47 billion. AeroVironment plans to use $965.3 million to repay existing debt under its term loan and revolving credit facility, with the remainder allocated for general corporate purposes, including manufacturing capacity expansion.

The convertible notes will have an initial conversion rate of 3.1017 shares per $1,000 principal amount, equivalent to a conversion price of $322.40 per share, representing a 30% premium above the common stock offering price. Both offerings are expected to close on July 3, 2025.

AeroVironment (NASDAQ: AVAV) has announced proposed underwritten public offerings totaling $1.35 billion, consisting of a $750 million common stock offering and $600 million in convertible senior notes due 2030. The company is granting underwriters 30-day options to purchase additional shares worth up to $112.5 million and additional notes worth up to $90 million to cover over-allotments.

The proceeds will be used to repay existing debt under the company's term loan and revolving credit facility, with any remainder allocated for general corporate purposes, including manufacturing capacity expansion. J.P. Morgan and BofA Securities are serving as lead book-running managers for both offerings, with Raymond James acting as joint book-running manager for the Convertible Notes Offering.

The offerings are subject to market conditions and are not contingent upon each other's completion. The company has filed registration statements and preliminary prospectus supplements with the SEC for both offerings.