RBR50 company AeroVironment sees fiscal third quarter 2014 revenue increase 47% to $69.2 million, saying the increase is partly due to increased drone sales.
AeroVironment, Lockheed Drone Deal: What it Means for UAVs
AeroVironment has struggled to get its Global Observer drone off the ground, while Lockheed has lagged in the UAV space. We examine what this partnership means for both companies.
U.S. Drones Facing Grim, Prolonged No-Fly Zone
Integration of the National Airspace (NAS) that so many are excitedly awaiting is not going to arrive in September of 2015.
First Unmanned Aircraft System Approved for Commercial Use
The hand-launched Puma AE is the first unmanned aircraft system to receive a “Restricted Category” rating from the FAA, permitting it to be used for commercial missions.
Engaged Capital LLC Buys 5.1% Stake in AeroVironment Inc.
With a new investment comes the push for new products.
Aerovironment Responds to Spending Cuts with Layoffs
It’s estimated that the necessary layoffs will cost the company around $1 million, primarily in severance payments
The Drone Debates: New Rules for a New Frontier
Will more states fall to the anti-drone domino effect, and what does it mean for local business?
NMSU, Aerovironment Make Recommendations Regarding UAS Nighttime Operations
Study strongly suggests that UAS may operate more safely at night than even during the day.
As Drone Sales Dip, AeroVironment Earnings Rise
The company, which makes its drones in Simi Valley, said revenue decreased 0.1% to $80.3 million, compared with $80.4 million for the same quarter last year.
Making Your Robotics Company a More Attractive Investment
How to build a patent portfolio that will impress investors and make sense for your robotics business.
Swedish Army Orders 12 AeroVironmnet Unmanned Aircraft Systems (UAS)
AeroVironment has received a firm fixed-price order for 12 hybrid small unmanned aircraft systems (UAS) from the Swedish Defence Materiel Administration (Forsvarets Materielverk) on behalf of the Swedish Army.
AeroVironment Quickly Beating Swords into Ploughshares
When UAVs wing home from their war duties, what then becomes of them? Historically, as conflicts begin to wane, the Department of Defense reels in its wartime spending and the cutbacks begin, part of which will mean far fewer orders for military UAVs.
AeroVironment: Missed Estimates Cause Stock Stumble. Rebound Ahead?
AeroVironment recently developed the smallest unmanned aerial vehicle to date. Named one of the “50 best innovations of 2011” by TIME Magazine, the Nano Hummingbird was designed by AeroVironment as a compact surveillance unit capable of covert and controlled observation.
AeroVironment Receives $11.1 Million Order for RQ-11B Raven Logistics Support
U.S. armed forces use Raven systems extensively for missions such as base security, route reconnaissance, mission planning and force protection.
Bio-Inspired Robots Impact Commercial and Research Sectors
Indeed, what is alternately called biomimicry or bio-inspiration?across robotics and other industries?could represent $300 billion annually of U.S. gross domestic product (GDP) in 2010 dollars within 15 years, according to the Da Vinci Index, a biomimicry report developed by a consortium that includes San Diego Zoo Global, Point Loma Nazarene University, in San Diego, and the University of San Diego.
The Da Vinci Index, which measures number and value of biomimicry-related research grants, scholarly articles, and patents to estimate the extent of the marketplace. Forecasts show that biomimicry could account for 1.6 million U.S. jobs by 2025 and represent about $1.0 trillion of global GDP.
AeroVironment Gets $14.8 Million Order for UAS Digital Retrofit Kits
The unmanned aircraft system solution provider is scheduled to complete the digital Raven kits for the U.S. Army in December.
AeroVironment Receives $7.8 Million Order for Raven UAS Digital Module Upgrade Kits
AeroVironment Inc. (AV) (NASDAQ:AVAV) announced that it received a firm fixed-price order valued at $7,800,003 under an existing contract with the U.S. Army on January 25, 2011. The order comprises 919 digital module upgrade kits for the U.S. Marine Corps. The upgrade kits enable digital Raven unmanned aircraft systems (UAS) to operate using a different…
AeroVironment Receives $35.3 Million Order for Digital Puma Unmanned Aircraft Systems
The portable, hand-launched Puma system will be used by soldiers to protect troops and vehicles in combat areas.
U.S. DOJ Investigating AeroVironment Billing Practices
AeroVironment announced that some of its billing practices were under investigation.
AeroVironment’s Mixed Bag
The unmanned aerial systems developer misses Q3 revenue estimates and cuts FY2010 revenue projections.