AeroVironment

Global Tactical UAV Industry Research 2023-2033: Integration of Artificial Intelligence (AI) and Rising Geopolitical Tensions and Security Concerns Fueling Developments and Expansion - ResearchAndMarkets.com

Retrieved on: 
Monday, April 8, 2024

As technology continues to evolve, these tactical unmanned aerial vehicles (UAVs) play a crucial role in addressing emerging threats and safeguarding national security interests.

Key Points: 
  • As technology continues to evolve, these tactical unmanned aerial vehicles (UAVs) play a crucial role in addressing emerging threats and safeguarding national security interests.
  • The tactical Unmanned Aerial Vehicle (UAV) market is experiencing a transformative surge, presenting a paradigm shift in military and security solutions globally.
  • The global tactical unmanned aerial vehicle (UAV) market based on UAV type is led by fixed wing unmanned aerial vehicle (UAV).
  • Competitive Strategy: Key players in the tactical UAV market analyzed and profiled in the study involve tactical unmanned aerial vehicle (UAV) products offering companies.

Reveal Technology, Inc. Receives $3.2M Award With U.S. Marine Corps Warfighting Laboratory (MCWL)

Retrieved on: 
Thursday, March 28, 2024

BOZEMAN, Mont., March 28, 2024 /PRNewswire/ -- Reveal Technology, Inc. (Reveal), is proud to share that they have been granted a $3.2M research, development, testing and evaluation (RDT&E) contract award with the Marine Corps Warfighting Laboratory (MCWL).

Key Points: 
  • BOZEMAN, Mont., March 28, 2024 /PRNewswire/ -- Reveal Technology, Inc. (Reveal), is proud to share that they have been granted a $3.2M research, development, testing and evaluation (RDT&E) contract award with the Marine Corps Warfighting Laboratory (MCWL).
  • In support of the overarching force design goals of investing in unmanned aircraft systems and applied artificial intelligence (AI), Reveal will provide integrated AI-enhanced ISR capabilities for Marine Corps experimentation via the Farsight application.
  • We're looking forward to working with our project stakeholders to revolutionize Marine Corp ISR using cutting-edge computer vision and AI," said Garrett Smith, CEO of Reveal.
  • "Reveal understands the importance of autonomous capabilities in the next fight and looks forward to seeing its impact on joint all-domain operations."

AeroVironment Announces Fiscal 2024 Third Quarter Results

Retrieved on: 
Monday, March 4, 2024

AeroVironment, Inc. (“AeroVironment” or the “Company”) reported today financial results for the fiscal third quarter ended January 27, 2024.

Key Points: 
  • AeroVironment, Inc. (“AeroVironment” or the “Company”) reported today financial results for the fiscal third quarter ended January 27, 2024.
  • Income from operations for the third quarter of fiscal 2024 was $14.3 million as compared to $4.6 million for the third quarter of last fiscal year.
  • Other income, net, for the third quarter of fiscal 2024 was $0.9 million, as compared to other loss, net of $5.4 million for the third quarter of last fiscal year.
  • Provision for income taxes for the third quarter of fiscal 2024 was $1.3 million, as compared to a benefit of $(0.5) million for the third quarter of last fiscal year.

AeroVironment, Inc. Schedules Third Quarter Fiscal Year 2024 Earnings Release and Conference Call

Retrieved on: 
Monday, February 19, 2024

AeroVironment, Inc. (NASDAQ: AVAV) will issue financial results for the company's third quarter ended January 27 after the market closes on Monday, March 4.

Key Points: 
  • AeroVironment, Inc. (NASDAQ: AVAV) will issue financial results for the company's third quarter ended January 27 after the market closes on Monday, March 4.
  • Management will host a conference call and live audio webcast to discuss the results at 4:30 p.m. Eastern Time.
  • Investors may access the conference call by registering via the participant registration link below up to 10 minutes prior to the start time.
  • Investors may also listen to the live audio webcast via the Investor Relations section of the AeroVironment, Inc. website, http://investor.avinc.com .

AeroVironment’s Tomahawk Product Line Awarded $2.67 Million Contract by the Department of Defense for Grip Tab Active Controllers

Retrieved on: 
Thursday, February 8, 2024

AeroVironment’s Tomahawk product line has been awarded a $2.67 million contract from Advanced Technology International (ATI) that will be managed by the U.S. Marine Corps Warfighting Lab (MCWL).

Key Points: 
  • AeroVironment’s Tomahawk product line has been awarded a $2.67 million contract from Advanced Technology International (ATI) that will be managed by the U.S. Marine Corps Warfighting Lab (MCWL).
  • This contract supports the Marine Corps’ Force Design 2030 and other Department of Defense (DoD) initiatives of enhancing lethality and mission success across the warfighting functions.
  • View the full release here: https://www.businesswire.com/news/home/20240208880027/en/
    AeroVironment to deliver Tomahawk Grip Tab Active controllers to the U.S. Marine Corps to evaluate for future operations (Photo: AeroVironment)
    Under the contract, AeroVironment will deliver prototype Tomahawk Grip Tab Active (Grip TA) controllers and supporting test kits, allowing the DoD to evaluate the technical capabilities for future operations.
  • “AeroVironment is excited to deliver these systems to the DoD,” said Scott Bowman, Tomahawk Robotics product line manager at AeroVironment.

Small Drones Market worth $10.4 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, February 2, 2024

In terms of platform, the small drone market is divided into two main categories: civil & commercial and defense & government.

Key Points: 
  • In terms of platform, the small drone market is divided into two main categories: civil & commercial and defense & government.
  • The increasing demand for small drones for use in multiple potential applications in the civil & commercial sector has led to the growth of the small drone market.
  • The Asia Pacific region is projected to be a high growth potential market for small drones during the forecast period.
  • The Asia-Pacific small drone market is expanding thanks in part to the efforts of China, India, Japan, Australia, and South Korea.

Small Drones Market worth $10.4 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, February 2, 2024

In terms of platform, the small drone market is divided into two main categories: civil & commercial and defense & government.

Key Points: 
  • In terms of platform, the small drone market is divided into two main categories: civil & commercial and defense & government.
  • The increasing demand for small drones for use in multiple potential applications in the civil & commercial sector has led to the growth of the small drone market.
  • The Asia Pacific region is projected to be a high growth potential market for small drones during the forecast period.
  • The Asia-Pacific small drone market is expanding thanks in part to the efforts of China, India, Japan, Australia, and South Korea.

Amprius Broadens Product Portfolio with New Commercially Available Silicon Anode Battery Platform – SiCoreTM

Retrieved on: 
Tuesday, January 16, 2024

Amprius Technologies, Inc. (“Amprius” or the “Company”) (NYSE: AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform, today announced its all-new SiCoreTM product platform, an expansion of its product portfolio of industry-leading silicon anode batteries targeted to revolutionize electric mobility.

Key Points: 
  • Amprius Technologies, Inc. (“Amprius” or the “Company”) (NYSE: AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform, today announced its all-new SiCoreTM product platform, an expansion of its product portfolio of industry-leading silicon anode batteries targeted to revolutionize electric mobility.
  • In addition to this SiCore product platform, Amprius has also branded its existing silicon nanowire platform SiMaxxTM with its current product range of up to 500 Wh/kg and 1,300 Wh/L energy density.
  • View the full release here: https://www.businesswire.com/news/home/20240116478943/en/
    Amprius Broadens Product Portfolio with New Commercially Available Silicon Anode Battery Platform – SiCore (Photo: Business Wire)
    The new SiCore batteries are based on an innovative, proprietary silicon anode material system delivering high-energy-density silicon anode batteries that surpass state-of-the-art graphite cell performance today.
  • The SiCore product platform complements the currently sold-out capacity of the Company’s SiMaxx silicon nanowire anode batteries, serving as a capacity bridge until the gigawatt-scale facility becomes operational.

AeroVironment Announces First Successful Multi-Drop, Live Fire GPS-Guided Shryke Munitions from a VAPOR 55 MX Unmanned Aircraft System

Retrieved on: 
Tuesday, January 9, 2024

AeroVironment, Inc. announced today the first successful multi-drop, live fire GPS-guided Shryke munitions from the VAPOR® 55 MX, all-electric unmanned aircraft system in collaboration with Corvid and L3Harris Technologies.

Key Points: 
  • AeroVironment, Inc. announced today the first successful multi-drop, live fire GPS-guided Shryke munitions from the VAPOR® 55 MX, all-electric unmanned aircraft system in collaboration with Corvid and L3Harris Technologies.
  • The VAPOR 55 MX carried four rounds simultaneously and flawlessly showcased the live fire effects of this capability.
  • The integration of Shryke munitions on the VAPOR 55 MX allows for multiple targets to be designated in one single flight.
  • “Shryke’s size and weight make it the ideal choice for the weaponized VAPOR 55 MX.

Amprius Celebrates Expansion of Its State-of-the-Art Silicon Nanowire Anode Megawatt Hour Manufacturing Line

Retrieved on: 
Tuesday, December 19, 2023

Amprius Technologies, Inc. (“Amprius” or the “Company”) (NYSE: AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform, celebrated its ribbon-cutting ceremony on Thursday, December 14, 2023.

Key Points: 
  • Amprius Technologies, Inc. (“Amprius” or the “Company”) (NYSE: AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform, celebrated its ribbon-cutting ceremony on Thursday, December 14, 2023.
  • At the event, Amprius showcased its expanded production line in Fremont, California, known as Amprius Lab, for customers, investors, and partners.
  • View the full release here: https://www.businesswire.com/news/home/20231219861371/en/
    Through the commissioning of its proprietary anode production line, Amprius is increasing its capacity by ten times at its Fremont facility, moving the Company from kWh to MWh scale of production.
  • “The decision by Amprius to expand within Fremont highlights our city's commitment to pioneering next-generation technologies that are shaping the future of sustainable transportation."