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 II small unmanned aircraft systems, training and support. “The combat-proven Puma AE delivers rapid … [Read more...] about AeroVironment Wins $17.5 million Drone Contract
Aerovironment
Drones and Insurance are Moving Closer All the Time: AeroVironment Collaborates with DroneInsurance.com
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 … [Read more...] about Drones and Insurance are Moving Closer All the Time: AeroVironment Collaborates with DroneInsurance.com
Taiwanese Project Launches Improved Solar Drones
A Taiwanese start-up is shining a new light into the dark quagmire of anemic drone flight time by harnessing sunlight. SolarDrone, a research project of National Taiwan University, has developed a solar-powered quadcopter the start-up claims will extend flight time from the usual limitation of around 30 minutes to several hours using photovoltaic cells “We have combined … [Read more...] about Taiwanese Project Launches Improved Solar Drones
AeroVironment to Develop High Altitude Solar Drones
AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both defense and commercial applications, is making a $65 million dollar play to develop high altitude, long-endurance (HALE) solar drones. The company has announced the formation of a joint venture to develop the drones for commercial applications. (This category of drones is … [Read more...] about AeroVironment to Develop High Altitude Solar Drones
AeroVironment Talks Up Agriculture Drone on CNBC’s Mad Money
Drone industry leader AeroVironment received an extravagant gift in the ol' corporate stocking this year – national media exposure. CEO Wahid Nawabi appeared on CNBC's Mad Money last week to tout the wonders of Quantix, a $16,000 hybrid aircraft designed for use by farmers and other agricultural pros. Nawabi shared with host Jim Cramer: "What we've done is we've taken … [Read more...] about AeroVironment Talks Up Agriculture Drone on CNBC’s Mad Money
