HAPSMobile

AeroVironment Announces Fiscal 2023 Fourth Quarter and Fiscal Year Results

Retrieved on: 
Tuesday, June 27, 2023
Security, Technology, Aerospace, Manufacturing, Alternative Energy, Energy, Tax, HAPSMobile, Research, AeroVironment, Sale, Government, EBITDA, Investment, Tactic, AV, Depreciation, Growth, Clothing, Video game, Management, Security (finance)

AeroVironment, Inc. (“AeroVironment” or the “Company”) reported today financial results for the fiscal fourth quarter and full year ended April 30, 2023.

Key Points: 
  • AeroVironment, Inc. (“AeroVironment” or the “Company”) reported today financial results for the fiscal fourth quarter and full year ended April 30, 2023.
  • Loss from operations for the fourth quarter of fiscal 2023 was $165.7 million as compared to income from operations of $13.0 million for the fourth quarter of last fiscal year.
  • Other loss, net, for the fourth quarter of fiscal 2023 was $(0.8) million, as compared to other income, net, of $5.3 million for the fourth quarter of last fiscal year.
  • Benefit from income taxes for the fourth quarter of fiscal 2023 was $(6.3) million, as compared to provision for income taxes of $15.5 million for the fourth quarter of last fiscal year.

AeroVironment Announces Fiscal 2023 Third Quarter Results

Retrieved on: 
Monday, March 6, 2023
Security, Technology, Aerospace, Manufacturing, Alternative Energy, Energy, Small, AeroVironment, Research, EPS, Puma, Medium, Sale, UAS, Robotics, EBITDA, Government, Investment, HAPSMobile, Tactic, Depreciation, Video game, Security (finance)

AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today reported financial results for the fiscal third quarter ended January 28, 2023.

Key Points: 
  • AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today reported financial results for the fiscal third quarter ended January 28, 2023.
  • Gross margin for the third quarter of fiscal 2023 was $45.5 million, an increase of 112% from the third quarter of fiscal 2022 gross margin of $21.4 million.
  • Income from operations for the third quarter of fiscal 2023 was $4.6 million, an increase of $18.7 million from the third quarter of fiscal 2022 loss from operations of $14.1 million.
  • Other loss, net, for the third quarter of fiscal 2023 was $5.4 million, as compared to $1.5 million for the third quarter of fiscal 2022.

SoftBank Corp. Acquires High Altitude Platform Station (HAPS) Patents From Loon

Retrieved on: 
Thursday, September 30, 2021
Technology, Mobile, Wireless, Air, Transport, Satellite, Telecommunications, Software, Networks, Hardware, Patent, Aircraft, Sale, HAPSMobile, 2009 Davis Cup, Multimedia, AeroVironment, Atmospheric satellite, Happiness, HAPS, AI, IP, IOT, Telecommunication, SoftBank Group, Technology, Research, LTE, Alphabet, Robotics, Intellectual property, Industry, Association, 3D printing, Airline, Kerosene, SoftBank Corp., HAPSMobile, SOFTBANK CORP., HAPSMOBILE

SoftBank Corp. (TOKYO: 9434, SoftBank) announced that it has acquired approximately 200 patents, including patents pending, for High Altitude Platform Stations (HAPS) from Alphabet Inc.s Loon LLC (Loon) following the winddown of Loon earlier this year.

Key Points: 
  • SoftBank Corp. (TOKYO: 9434, SoftBank) announced that it has acquired approximately 200 patents, including patents pending, for High Altitude Platform Stations (HAPS) from Alphabet Inc.s Loon LLC (Loon) following the winddown of Loon earlier this year.
  • With these patents, SoftBank and its subsidiary HAPSMobile Inc. (HAPSMobile) will collectively own approximately 500 HAPS-related patents, including patents pending, further establishing their position as intellectual property (IP) leaders in the HAPS industry.
  • SoftBank, the SoftBank name and logo are registered trademarks or trademarks of SoftBank Group Corp. in Japan and other countries.
  • To learn more, please visit https://www.softbank.jp/en/
    HAPSMobile Inc. is a subsidiary of SoftBank Corp. that plans and operates a High Altitude Platform Station (HAPS) business with the aim of bridging the worlds digital divide.

HAPSMobile and Loon First in the World to Deliver LTE Connectivity from a Fixed-Wing Autonomous Aircraft in the Stratosphere

Retrieved on: 
Thursday, October 8, 2020
Research, Mobile, Wireless, Networks, Technology, Environment, Satellite, Science, Air, Transport, Aerospace, Manufacturing, Telecommunications, Alphabet Inc., Solar-powered aircraft, Aircraft, HAPSMobile, Emerging technologies, Telecommunications, Loon LLC, SoftBank Group, X, Unmanned aerial vehicle, MIMO, Loon, HAPSMobile

SoftBank Corp.s HAPSMobile Inc. (HAPSMobile) and Alphabets Loon LLC (Loon) today announced they successfully tested their jointly developed communications payload in the stratosphere on HAPSMobiles Sunglider, a solar-powered unmanned aircraft system (UAS).

Key Points: 
  • SoftBank Corp.s HAPSMobile Inc. (HAPSMobile) and Alphabets Loon LLC (Loon) today announced they successfully tested their jointly developed communications payload in the stratosphere on HAPSMobiles Sunglider, a solar-powered unmanned aircraft system (UAS).
  • Using MIMO technology, the payload enabled LTE connectivity to be delivered continuously for approximately 15 hours during Sungliders test flight.
  • A HAPSMobile solar-powered Sunglider aircraft flew to over 62,000 feet carrying a Loon LTE base station.
  • HAPSMobile has a strategic relationship with Loon, a subsidiary of Alphabet, the parent company of Google.

AeroVironment Successfully Completes Sunglider Solar HAPS Stratospheric Test Flight, Surpassing 60,000 Feet Altitude and Demonstrating Broadband Mobile Connectivity

Retrieved on: 
Thursday, October 8, 2020
Software, Hardware, Alternative energy, Energy, Technology, Environment, Satellite, Air, Transport, Aerospace, Manufacturing, Telecommunications, Solar-powered aircraft, Aircraft, Aviation, AeroVironment, Atmospheric satellite, HAPSMobile, Vehicles

AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS), today announced the Sunglider solar-powered high-altitude pseudo-satellite (HAPS) achieved key test milestones, including reaching an altitude of more than 60,000 feet above sea level and successfully demonstrating mobile broadband communication.

Key Points: 
  • AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS), today announced the Sunglider solar-powered high-altitude pseudo-satellite (HAPS) achieved key test milestones, including reaching an altitude of more than 60,000 feet above sea level and successfully demonstrating mobile broadband communication.
  • Sungliders development and testing is funded by HAPSMobile Inc., a joint venture majority-owned by SoftBank Corp. (TOKYO: 9434) and minority-owned by AeroVironment.
  • Reaching stratospheric altitude, maintaining continuous flight for more than 20 hours, achieving key test objectives and demonstrating seamless broadband communication illustrate the tremendous potential HAPS technology offers to expand connectivity globally.
  • To view footage from the Sunglider solar HAPS stratospheric test flight, click here .

HAPSMobile and Rwanda’s Ministry of ICT and Innovation Sign MoU to Study Provision of Mobile Internet Connectivity Using High Altitude Platform Stations

Retrieved on: 
Friday, July 31, 2020
Research, Mobile, Wireless, Networks, Technology, Environment, Satellite, Science, Air, Transport, Aerospace, Manufacturing, Telecommunications, Telecommunications, Wireless, Paula Ingabire, HAPSMobile, Aircraft, SoftBank Group, 5G

As part of the JRP, the parties plan to conduct demonstration flights using HAPSMobiles solar powered unmanned aircraft system (UAS) in Rwanda to provide 4G/5G Internet connectivity.

Key Points: 
  • As part of the JRP, the parties plan to conduct demonstration flights using HAPSMobiles solar powered unmanned aircraft system (UAS) in Rwanda to provide 4G/5G Internet connectivity.
  • Junichi Miyakawa, Representative Director & CTO of SoftBank Corp., and also President & CEO of HAPSMobile, commented:
    Our mission at HAPSMobile is to bridge the digital divide and revolutionize mobile networks by leveraging HAPS.
  • We look forward to working with the Ministry of ICT and Innovation on this research project so we can study potential commercial applications in Rwanda, and beyond.
  • Paula Ingabire, Minister of ICT and Innovation of the Republic of Rwanda, commented We enthusiastically welcome HAPSMobile, a SoftBank Corp. subsidiary, to do business in Rwanda.

HAPSMobile Successfully Completes Latest Test Flight of Its Unmanned Aircraft Designed for Stratospheric Telecommunications Platform Systems

Retrieved on: 
Thursday, July 30, 2020
Aerospace, Technology, Manufacturing, Air, Transport, Satellite, Telecommunications, Other Manufacturing, Networks, Environment, Mobile, Wireless, Aircraft, Solar-powered aircraft, Emerging technologies, Aviation, AeroVironment, HAPSMobile, Vehicles, Unmanned aerial vehicle, AeroVironment Global Observer, World View Enterprises

With all basic aircraft tests for the unmanned aircraft system (UAS) now complete, HAPSMobile will proceed with preparations for stratospheric test flights.

Key Points: 
  • With all basic aircraft tests for the unmanned aircraft system (UAS) now complete, HAPSMobile will proceed with preparations for stratospheric test flights.
  • View the full release here: https://www.businesswire.com/news/home/20200729006098/en/
    Sunglider in flight at Spaceport America (Photo: Business Wire)
    In this test flight, Sunglider, the newly renamed UAS designed for stratospheric telecommunications platforms, reached altitudes higher than those of previous flights and maintained high altitudes for a long duration.
  • Sunglider also successfully passed all test points, including flight speed changes, steep turns, automated flight control in the event of interrupted communications with the Ground Control System, and in-flight balance control.
  • AeroVironment, Inc. is HAPSMobiles minority owner and aircraft development partner for Sunglider, a solar-powered unmanned aircraft designed for stratospheric telecommunications platform systems that flies approximately 20kms above ground in the stratosphere.

AeroVironment Marks 50 Years of Achieving the Impossible

Retrieved on: 
Monday, July 27, 2020
Defense, Aerospace, Manufacturing, Other Defense, Aircraft, Aviation, Solar-powered aircraft, Vehicles, AeroVironment, NASA Pathfinder, HAPSMobile

Since its founding, AeroVironment and its innovators have done just that.

Key Points: 
  • Since its founding, AeroVironment and its innovators have done just that.
  • AeroVironment also pioneered the concept of high-altitude solar-powered UAS, setting world unmanned flight and telecommunications records at the turn of the millennium with Helios and Pathfinder Plus.
  • Throughout our history, customers have presented us with challenges that seemed impossible, but instead of viewing these as barriers, we choose to see them as opportunities at AeroVironment, said Wahid Nawabi, president and chief executive officer of AeroVironment.
  • Based in California, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government, and commercial customers.

Alphabet’s Loon and SoftBank Corp.’s HAPSMobile Complete Development of Communications Payload for HAWK30 Aircraft

Retrieved on: 
Thursday, February 6, 2020
Software, Mobile, Wireless, Internet, Hardware, Technology, Environment, Engineering, Air, Transport, Aerospace, Manufacturing, Telecommunications, Aircraft, Internet service providers, Alphabet Inc., Loon LLC, X, Emerging technologies, HAPSMobile, High-altitude balloon, Aviation, Unmanned aerial vehicle, Stratosphere, Technology

Alphabets Loon LLC (Loon) and SoftBank Corp.s HAPSMobile Inc. (HAPSMobile) today announced they successfully developed a communications payload for HAPSMobiles HAWK30, a solar-powered unmanned aircraft system (UAS) that flies in the stratosphere.

Key Points: 
  • Alphabets Loon LLC (Loon) and SoftBank Corp.s HAPSMobile Inc. (HAPSMobile) today announced they successfully developed a communications payload for HAPSMobiles HAWK30, a solar-powered unmanned aircraft system (UAS) that flies in the stratosphere.
  • View the full release here: https://www.businesswire.com/news/home/20200205005910/en/
    The initiative to design and develop the communications payload for the HAWK30 follows an announcement last April between Loon and HAPSMobile where the companies formed a strategic relationship.
  • Since the April 2019 announcement, technical teams from Loon and HAPSMobile worked together to adapt the payload technology already used on Loons stratospheric balloons for the HAWK30.
  • The communications payload jointly developed by Loon and HAPSMobile consists of a number of components that enable it to serve as a stratospheric cell tower.