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 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.
AeroVironment (NASDAQ: AVAV) announced significant progress in its Wildcat uncrewed aircraft system (UAS) development for DARPA's ANCILLARY program's EVADE demonstration. The Group 3 VTOL aircraft has achieved key milestones including successful VTOL-to-forward-flight transitions and validation of core flight and propulsion systems.
The Wildcat, designed for maritime operations in high sea states, features autonomous launch and recovery capabilities. Notable innovations include a new Visual Precision Landing System (VPLS), AVACORE™-enabled integration, and testing of a modular autopilot and AI compute module. The project is significantly ahead of schedule, advancing DARPA's original late 2026 testing timeline.
AeroVironment (NASDAQ: AVAV) reported strong fiscal Q4 and full-year 2025 results, with record Q4 revenue of $275.1 million (up 40% YoY) and fiscal year revenue of $820.6 million (up 14% YoY). The company achieved Q4 net income of $16.7 million ($0.59 per diluted share) and record Q4 adjusted EBITDA of $61.6 million.
Notable achievements include record fiscal year bookings of $1.2 billion and a robust backlog of $726.6 million, nearly double from FY2024. The company's recent BlueHalo acquisition strengthens its defense-technology position. For FY2026, AeroVironment projects revenue between $1.9-2.0 billion and adjusted EBITDA of $300-320 million.
AeroVironment (NASDAQ: AVAV) has announced its participation in the William Blair Annual Growth Stock Conference, scheduled to take place in Chicago on June 3, 2025. The company will be represented by Chairman, President and CEO Wahid Nawabi, alongside Executive VP and CFO Kevin McDonnell, who will deliver a presentation at 5:40 PM ET. Interested parties can access the presentation through the Events and Presentations section of AeroVironment's website.
AeroVironment (AVAV) has secured a $5.1 million contract from the U.S. Army Rapid Capabilities and Critical Technologies Office (RCCTO) for their Human-Machine Integrated Formations (HMIF) project. The contract specifically focuses on AV's Tomahawk's Grip TA5, which has been selected as the Dismounted Common Controller (DCC) for battlefield operations.
The Grip TA5 controller enables real-time command-and-control of multiple robotic assets, featuring modular architecture and multi-platform compatibility. This technology aims to enhance situational awareness, lethality, and survivability in military operations through improved human-machine teaming capabilities.