Welcome to our dedicated page for Aerovironment news (Ticker: AVAV), a resource for investors and traders seeking the latest updates and insights on Aerovironment stock.
AeroVironment, Inc. ("AV") (NASDAQ: AVAV) regularly issues news and updates that reflect its role as a defense technology company operating across air, land, sea, space, and cyber. Its announcements highlight developments in autonomous systems, loitering munitions, counter‑UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities, often in connection with U.S. and allied defense programs.
Recent news releases describe new product introductions, contract awards, technology demonstrations, and corporate events. Examples include the launch of VideoRay’s Mission Specialist Wraith unmanned underwater vehicle for demanding subsea missions, contracts to provide Mission Specialist Defender remotely operated vehicles to the U.S. Coast Guard, and deliveries of LOCUST Laser Weapon Systems integrated on military vehicle platforms as part of U.S. Army directed energy prototyping efforts.
AV also reports on uncrewed aircraft system initiatives, such as the all-battery electric P550 Group 2 eVTOL UAS for the U.S. Army’s Long Range Reconnaissance program and foreign military sales contracts covering JUMP 20, P550, Puma, Raven, and Titan C‑UAS systems. Additional news covers collaborations with partners on electronic warfare payloads for autonomous VTOL aircraft, participation in defense technology exercises, and corporate activities like conference presentations and leadership appointments.
This news page aggregates such company-issued updates and related coverage, giving investors and observers a single place to review AeroVironment’s latest disclosures on contracts, product capabilities, demonstrations, financial results announcements, and governance matters. For those tracking AVAV, the feed provides ongoing insight into how the company presents its technologies, customer engagements, and strategic priorities over time.
AeroVironment (NASDAQ: AVAV) has secured an $8.37 million firm-fixed-price contract from the U.S. Department of Defense for the Puma™ 3 AE tactical unmanned aircraft system, including training and support, for an allied nation. Delivery is expected by March 2021. The Puma 3 AE features a wingspan of 9.2 feet, weighs 15 pounds, and can operate for up to 2.5 hours at a range of 20 kilometers.
AeroVironment (NASDAQ: AVAV) announced that its Sunglider solar-powered high-altitude pseudo-satellite has reached significant milestones, including an altitude of over 60,000 feet and successful mobile broadband communication. The flight, conducted on September 21-22, lasted over 20 hours and involved tests of propulsion, navigation, and communication systems. Funded by HAPSMobile Inc., a joint venture with SoftBank, the Sunglider can carry payloads of up to 150 pounds and is powered by solar energy, highlighting its potential for long-duration missions.
AeroVironment (NASDAQ: AVAV) has launched its new Switchblade 600 loitering missile system, expanding its offerings alongside the Switchblade 300. The U.S. Army has awarded a $76 million contract for Switchblade 300 under the Lethal Miniature Aerial Missile System (LMAMS) program. The Switchblade 600, weighing 50 pounds, can engage larger hardened targets from extended ranges and operates within 10 minutes of deployment. AeroVironment emphasizes the system's precision and minimal collateral damage, catering to evolving military requirements and enhancing battlefield efficacy.
AeroVironment (NASDAQ: AVAV) has announced a new collaboration with Robotic Skies to enhance field maintenance and repair support for its unmanned aircraft systems (UAS) customers. This teaming agreement enables AeroVironment clients to access local, aviation-grade maintenance services through Robotic Skies' network of 200 certified repair stations globally. The partnership aims to improve service responsiveness, ensuring that customers can keep their UAS operational, thereby maximizing productivity. The VAPOR helicopter UAS offers significant capabilities, including 60 minutes of cruise endurance and a 10-pound payload capacity.