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 in drones and … [Read more...] about AeroVironment Acquires Planck Aerosystems: Tethered Sensor Systems, Flight Autonomy Solutions
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Global Drone Companies Saving Lives in Ukraine: A Memorial Day Salute
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 salute you! Continue reading below or listen: DroneLife · Global - Drone - … [Read more...] about Global Drone Companies Saving Lives in Ukraine: A Memorial Day Salute
AeroVironment Donates More Than 100 Quantix Recon Drones to Ukraine
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 of Ukraine and territorial forces to assist … [Read more...] about AeroVironment Donates More Than 100 Quantix Recon Drones to Ukraine
Military Drones and Sensors are an Exploding Market
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 production of $5.6 billion annually in 2020 to $14 billion in 2029, totaling $95.5 billion in … [Read more...] about Military Drones and Sensors are an Exploding Market
AeroVironment Financials Flying High in the Drone World
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 54 percent and 17 percent … [Read more...] about AeroVironment Financials Flying High in the Drone World