AeroVironment

AeroVironment, Inc.
Public
Traded as NASDAQ: AVAV
Industry Aerospace, Energy
Founded 1971
Headquarters Monrovia, California, USA
Key people
Paul B. MacCready, Jr., Founder
Revenue Increase US$ 0179.537 million (April 30, 2012)[1]
Increase US$ 43.538 million (2012)[1]
Increase US$ 30.451 million (2012)[1]
Total assets Increase US$ 369.151 million (April 30, 2012)[1]
Total equity Increase US$ 299.198 million (April 30, 2012)[1]
Website www.avinc.com
AeroVironment founder and former Chairman Paul MacCready shows a cross section of the AeroVironment/NASA Helios Prototype wing spar.
Pathfinder Plus (left) and Helios Prototype (right) on the Dryden ramp

AeroVironment, Inc. is an American technology company in Monrovia, California, and Simi Valley, California, that is primarily involved in energy systems, electric vehicle systems, and unmanned aerial vehicles (UAVs). Paul B. MacCready, Jr., a designer of human-powered aircraft, founded the company in 1971. The company is probably most well known for developing a series of lightweight human-powered and then solar-powered vehicles. AeroVironment is the Pentagon's top supplier of small drones — including the Raven, Wasp and Puma models. They have signed a strategic partnership with Lockheed Martin Corp to develop their 'Global Observer' to provide "persistent airborne observation".[2]

Vehicles developed

Among the vehicles the company built are:

Programs

AeroVironment holds a five-year, $4.7 million IDIQ (indefinite-delivery, indefinite-quantity) contract from the U.S. Air Force Research Laboratory for the development of advanced propulsion technologies for UAVs. The contract also provides for specific technological tasks such as integration of solar cells into aircraft wings, electric motor efficiency improvement technologies, and development of hydrogen storage systems for aircraft.[8]

As a US-based provider of products and technology for clean energy and efficient vehicles, AeroVironment has received a United States patent for technology that facilitates the optimal charging, management, control and maintenance of battery packs, chargers and electric vehicles (EVs).

In 2013, AeroVironment participated in the DARPA TERN program, and received $2 million for Phase 1[12] and $19 million for Phase 2.[13][14][15] The "Tactically Exploited Reconnaissance Node" program attempts to launch and recover a UAV from mid-size ships to provide long distance intelligence gathering.[16] However, in September 2015 AeroVironment was not selected to move onto Phase 3 of the program.[17]

Electric vehicle charging stations

AeroVironment offers a 240V home-charging station for electric vehicles. It is compatible with the SAE J1772 standard for level 2 charging.[18] Nissan selected AeroVironment to supply this home charging station and installation services for the Nissan Leaf electric car.[19] AeroVironment also sells level 3 high-voltage DC fast-charge stations compatible with the CHAdeMO standard that can charge a Think electric car to 80% in 15 minutes.[20]

AeroVironment participates in various government and industry initiatives to create an electric vehicle charging infrastructure.[20][21]

AeroVironment also sells the PosiCharge line of industrial electric vehicle charging systems for forklifts and other warehouse vehicles.

Subsidiaries

Pathfinder Plus in flight over Hawaii, June 2002, equipped with Skytower communications equipment

AeroVironment owns Skytower, Inc., which was formed in 2000 to develop the technologies and government approvals to use high altitude UAVs as "atmospheric satellites", or high altitude communications relay platforms.[22]

In July 2002 the NASA/AeroVironment UAV Pathfinder Plus carried commercial communications relay equipment developed by Skytower in a test of using the aircraft as a broadcast platform. Skytower, in partnership with NASA and the Japan Ministry of Telecommunications, tested the concept of an "atmospheric satellite" by successfully using the aircraft to transmit both an HDTV signal as well as an IMT-2000 wireless communications signal from 65,000 feet (20,000 m), giving the aircraft the equivalence of a 12 miles (19 km) tall transmitter tower. Because of the aircraft's high lookdown angle, the transmission utilized only one watt of power, or 1/10,000 of the power required by a terrestrial tower to provide the same signal.[23] According to Stuart Hindle, Vice President of Strategy & Business Development for SkyTower, "SkyTower platforms are basically geostationary satellites without the time delay." Further, Hindle said that such platforms flying in the stratosphere, as opposed to actual satellites, can achieve much higher levels of frequency use. "A single SkyTower platform can provide over 1,000 times the fixed broadband local access capacity of a geostationary satellite using the same frequency band, on a bytes per second per square mile basis."[24]

References

  1. 1 2 3 4 5 "AeroVironment, Inc. - Annual Report -". AeroVironment Inc.
  2. http://www.latimes.com/business/la-fi-aerovironment-earnings-20140305,0,1078597.story#axzz2v4LK2kYm
  3. 1 2 3 "NASA Helios factsheet". Nasa.gov. Archived from the original on 24 November 2010. Retrieved 2010-11-27.
  4. http://www.avinc.com/pr_detail.asp?ID=63 Archived May 20, 2008, at the Wayback Machine.
  5. Hennigan, W.J. (2011-01-11). "New generation of unmanned spy planes is being tested". Los Angeles Times.
  6. http://www.avinc.com/globalobserver/
  7. http://www2.afsoc.af.mil/library/factsheets/factsheet_print.asp?fsID=9114&page=1
  8. 1 2 "Puma Small UAS Achieves Record Flight Using Fuel Cell Battery Hybrid System", Aerotech News and Review, June 29, 2007
  9. "Small Unmanned Aerial Vehicle again Achieves Record Flight Time Using Protonex Fuel Cell System Technology" Protonex press release Nov. 28 2007
  10. "Protonex Technology Corporation". Protonex.com. Retrieved 2010-11-27.
  11. http://www.breitbart.com/article.php?id=CNG.b0b893fb04aee2445cb9d54b02462bd7.2f1&show_article=1
  12. "AeroVironment joins DARPA program to develop long-range UAVs for launch from small ships" 4 September 2013. Accessed: 8 September 2013.
  13. "AeroVironment Gets $19M DARPA TERN Phase 2 Contract" UAS Vision, 26 September 2014. Accessed: 27 September 2014.
  14. "Tactically Exploited Reconnaissance Node (TERN) – Phase II". 24 September 2014. Retrieved 27 September 2014.
  15. Trimble, Stephen (26 March 2015), "DARPA selects two firms to compete for sea-based UAV", Flightglobal (Reed Business Information), retrieved 27 March 2015
  16. "DARPA’s New TERN Program Aims for Eyes in the Sky from the Sea". DARPA. 1 March 2013. Retrieved 11 April 2013.
  17. AeroVironment (AVAV) Was Not Selected for Phase III of DARPA's Tern Program - Streetinsider.com, 22 September 2015
  18. Nick Chambers (2010-04-09). "Up Close With AeroVironment’s Nissan LEAF Home Charging Unit". Gas 2.0. Retrieved 2010-05-21.
  19. "Nissan North America Selects AeroVironment To Install Home-Charging Stations For Nissan Leaf" (Press release). AeroVironment. 2010-01-11. Archived from the original on 13 May 2010. Retrieved 2010-05-21.
  20. 1 2 "Zero to 80 Percent in 15 minutes: New Benchmark for EV Fast-charging" (Press release). AeroVironment. 2010-01-28. Retrieved 2010-05-21.
  21. Domenick Yoney (2009-05-11). "Nissan teams up with AeroVironment to charge electric cars in D.C.". Autoblog Green. Retrieved 2010-05-21.
  22. ""3G Tested at 65,000 feet (20,000 m) in the stratosphere" 3G news release July 23, 2002". 3g.co.uk. 2002-07-23. Retrieved 2010-11-27.
  23. "SkyTower Successfully Tests World's First Commercial Telecom Applications from More Than 65,000 feet (20,000 m) in the Stratosphere", Ewire, July 22, 2002. Retrieved September 11, 2008.
  24. David, Leonard, "Stratospheric Platform Serves As Satellite", Space.com, July 24, 2002. Retrieved September 11, 2008.

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