Aerovironment

AeroVironment Acquires Planck Aerosystems by DRONELIFE Staff Writer Ian M Crosby AeroVironment [NASDAQ:AVAV] is one of the holdings in the AdvisorShares Drone Technology ETF [NYSE ARCA:UAV], the only ETF dedicated to the drone economy. The AdvisorShares Drone Technology ETF is a thematic investment strategy seeking to capture the growth opportunities …

On Memorial Day, we pay tribute to those who gave the ultimate sacrifice in service to their country. This year, we also pay homage to some of the global commercial drone companies who continue to contribute in meaningful ways to keep Ukrainian soldiers, volunteers and civilians alive. To all, we …

AeroVironment Donates Over 100 Quantix Recon UAS to Ukraine by DRONELIFE Staff Writer Ian M. Crosby Today, multi-domain robotic systems leader AeroVironment, Inc. announced that it will be donating over 100 of its Quantix™ Recon unmanned aircraft systems (UAS), as well as operational training services, to the Ministry of Defence …

By Sgt. Bobby Yarbrough [Public domain] The market in military drones and sensors “will be one of the most dynamic growth sectors of the world aerospace industry this decade,” says the Teal Group‘s recent analysis. “Teal Group’s 2020/2021 market study estimates that UAV production will increase from current worldwide UAV …

While many companies are plummeting amid the pandemic crisis, drone systems provider AeroVironment is soaring higher. The California-based company recently released financials for both the full year and fourth quarter ending April. Results Record fourth quarter and full year revenue of $135.2 million and $367.3 million — an increase of …

Aerovironment Quantix Last week, leading defense and industrial unmanned systems provider Aerovironment announced an exclusive distribution partnership with enterprise solutions provider Draganfly for Aerovironment’s commercial drone offering, the Quantix™ Mapper.  It’s a significant deal that makes sense for both companies.  As the market for drone solutions grows, the deal is also …

Source: AeroVironment AeroVironment must feel like a star athlete. The California-based drone systems provider just snagged a two-year, $12 million contract worthy of a top NFL running back. The company announced the agreement with an unnamed “major Middle Eastern ally” for support of the nation’s existing fleet of AeroVironment’s Puma AE …

AeroVironment acquired Pulse Aerospace earlier this year for $25.7 million – and acquired the VAPOR Helicopter UAS series with it.  At last month’s Commercial UAV Expo, DRONELIFE got to see it up close – and talk to AeroVironment about what VAPOR can do. AeroVironment has long been an industry leader …

By Sgt. Bobby Yarbrough [Public domain] Commercial and defense drone systems provider AeroVironment is flying into a contract with an unnamed nation for more than $17 million, according to a company announcement during the LAAD 2019 defense expo in Rio de Janeiro this week. The company will provide its Puma AE …

Aerovironment Quantix Insurance is taking a more important role in the drone industry, as InsurTech and drone insurance companies collaborate with hardware and software providers. Leading commercial and defense drone systems provider AeroVironment announced a collaboration with REIN’s DroneInsurance.com, a digital drone insurance portal.  DroneInsurance.com will offer commercial drone insurance …