All articles tagged with #aerovironment
The Army says it will award contracts for the Common Autonomous Multi-Domain Launcher (CAML) next month and is negotiating with AeroVironment on the Enduring High Energy Laser (E-HEL) program, aiming for a multi-vendor approach to replace the Typhon launcher and field about 20 E-HEL systems, with awards potentially by late August via Other Transaction Agreements to avoid vendor lock.
The U.S. Space Force terminated AeroVironment’s roughly $1.7 billion SCAR contract for mobile satellite-control antennas after unsuccessful renegotiations, signaling a shift from a single-vendor approach to an open, commercially developed procurement. AeroVironment will recompete and adapt the BADGER design for commercial use, while the company pursues other Space & Directed Energy products amid a lower 2026 revenue outlook and a large backlog. BlueHalo (the project’s ground terminal builder) is now tied to the broader program through AeroVironment via prior acquisition, and some terms may affect long-term revenue while maintaining potential future customers for the tech.
NASA and AeroVironment are planning a bold mission called 'Skyfall' to deploy six helicopters on Mars from a spacecraft, aiming to explore water sources and potential landing sites for future human missions, building on the success of the Ingenuity helicopter, though funding challenges remain amid NASA's budget cuts.
AeroVironment and NASA have introduced 'Skyfall,' a concept to deploy six autonomous helicopters on Mars to explore the planet's surface and subsurface, potentially simplifying landing procedures and enhancing scientific data collection, with a possible launch in 2028.
Drone stocks surged after Defense Secretary Pete Hegseth announced plans to boost American drone manufacturing and usage, emphasizing unleashing drone dominance and rescinding restrictive policies, which benefited smaller drone companies despite no immediate gains for large defense contractors.
In after-hours trading, Zscaler's stock slipped 1% despite a better-than-expected report for its fiscal fourth quarter, while GitLab's stock jumped 4% following a strong second-quarter report. Gogo's stock advanced 3.5% after announcing a share repurchase program, while Asana's stock slipped 2.8% despite a strong report. AeroVironment's shares added nearly 12% after beating analysts' expectations in its fiscal first quarter.