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 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.
Integration of the National Airspace (NAS) that so many are excitedly awaiting is not going to arrive in September of 2015.
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.
With a new investment comes the push for new products.
It’s estimated that the necessary layoffs will cost the company around $1 million, primarily in severance payments
Will more states fall to the anti-drone domino effect, and what does it mean for local business?
Study strongly suggests that UAS may operate more safely at night than even during the day.
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.
How to build a patent portfolio that will impress investors and make sense for your robotics business.
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.
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 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.
U.S. armed forces use Raven systems extensively for missions such as base security, route reconnaissance, mission planning and force protection.
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.
The unmanned aircraft system solution provider is scheduled to complete the digital Raven kits for the U.S. Army in December.
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…
The portable, hand-launched Puma system will be used by soldiers to protect troops and vehicles in combat areas.
AeroVironment announced that some of its billing practices were under investigation.
The unmanned aerial systems developer misses Q3 revenue estimates and cuts FY2010 revenue projections.