At Eurosatory - The Danish Acquisition and Logistics Organization
today announced at Eurosatory it has awarded AeroVironment
(NASDAQ:AVAV) a firm fixed-price order of $9.6 million to supply the
Danish Armed Forces with the company’s Puma AE™ small unmanned aircraft
systems (UAS). AeroVironment was selected following a competitive
evaluation.
Danish Armed Forces Select AeroVironment's Puma AE Small Unmanned Aircraft Systems (Photo: Business Wire)
“Allied armed forces are procuring our small unmanned aircraft systems
to give small tactical teams the ability to operate more effectively and
safely, without requiring support from more expensive, scarcer
resources,” said Roy Minson, senior vice president and general manager
of Unmanned Aircraft Systems at AeroVironment.
Eighteen nations outside the United States have purchased
AeroVironment’s Puma AE, Wasp or Raven B small UAS.
The 13-pound, battle-proven Puma AE is designed for land-based and
maritime operations and is operated by AeroVironment’s common Ground
Control System.
About AeroVironment’s Small UAS
RQ-11B
Raven®, Wasp
AE™, RQ-20A
Puma™ and Shrike
VTOL™ comprise AeroVironment’s Family of Small Unmanned Aircraft
Systems. Operating with a common
ground control system (GCS), this Family of Systems provides
increased capability to the warfighter that can give ground commanders
the option of selecting the appropriate aircraft based on the type of
mission to be performed. This increased capability has the potential to
provide significant force protection and force multiplication benefits
to small tactical units and security personnel. AeroVironment provides
logistics services worldwide to ensure a consistently high level of
operational readiness and provides mission services for customers
requiring only the information its small UAS produce. AeroVironment has
delivered thousands of new and replacement small unmanned air vehicles
to customers within the United States and to eighteen international
governments.
The Qube™
small UAS is tailored to law enforcement, first response and other
public safety missions. Small enough to fit easily in the trunk of a
car, the Qube system can be unpacked, assembled and ready for flight in
less than five minutes, giving the operator a rapidly deployable eye in
the sky at a fraction of the cost of manned aircraft and large unmanned
aircraft.
About AeroVironment, Inc.
AeroVironment is a technology solutions provider that designs, develops,
produces and supports an advanced portfolio of Unmanned
Aircraft Systems (UAS) and electric transportation solutions.
Agencies of the U.S. Department of Defense and allied military services
use the company’s electric-powered, hand-launched
unmanned aircraft systems extensively to provide situational
awareness to tactical operating units through real-time airborne
reconnaissance, surveillance and communication. Multiple government
agencies have helped to fund the development and demonstration of Global
Observer®, a hybrid-electric,
stratospheric UAS designed to provide affordable, persistent
reconnaissance and communication over any location on the globe. Switchblade
is a loitering munition designed to provide a rapid, lethal, pinpoint
precision strike capability with minimal collateral damage.
AeroVironment’s electric transportation solutions include a
comprehensive suite of electric
vehicle (EV) charging systems, installation and data services for
consumers, automakers, utilities and government agencies, power
cycling and test systems for EV developers and industrial
electric vehicle charging systems for commercial fleets. More
information about AeroVironment is available at www.avinc.com.
AeroVironment Safe Harbor Statement
Certain statements in this press release may constitute "forward-looking
statements" as that term is defined in the Private Securities Litigation
Reform Act of 1995. These statements are made on the basis of current
expectations, forecasts and assumptions that involve risks and
uncertainties, including, but not limited to, economic, competitive,
governmental and technological factors outside of our control, that may
cause our business, strategy or actual results to differ materially from
those expressed or implied. Factors that could cause actual results to
differ materially from the forward-looking statements include, but are
not limited to, our ability to perform under existing contracts and
obtain additional contracts; changes in the regulatory environment; the
activities of competitors; failure of the markets in which we operate to
grow; failure to expand into new markets; failure to develop new
products or integrate new technology with current products; and general
economic and business conditions in the United States and elsewhere in
the world. For a further list and description of such risks and
uncertainties, see the reports we file with the Securities and Exchange
Commission. We do not intend, and undertake no obligation, to update any
forward-looking statements, whether as a result of new information,
future events or otherwise.
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