AVAV AeroVironment Inc.
Performance
3.79% Past Week
Market Cap
2.31B
Day’s Range
52W Range
Volume (3M)
175.34K
Price-Earnings Ratio
-267.33
Revenue
487.12M
AeroVironment Inc. Latest News
About AeroVironment Inc.
AeroVironment Inc. is an American defence contractor primarily engaged in the design and development of unmanned aircraft systems for use in both military and civilian arenas in the US. Established in 1971, the firm is headquartered in Arlington, Virginia, and mainly focuses on the design, development, production, support, and operation of unmanned aircraft systems and tactical missile systems.
The firm also offers commercial solutions such as its Quantix Mapper hybrid VTOL drone through its collaboration with Draganfly, Inc. In addition, the company partners with SoftBank to produce high-altitude pseudo-satellites, the HAPSMobile, which is designed to serve a 200-kilometer area. Operating at a position of 20 kilometres into the atmosphere, it has the potential to reach billions of people worldwide and provide extra bandwidth to support the emerging 5G standard and IoT.
In 2021, AeroVironment Inc acquired Progeny Systems Corporation’s Intelligent Systems Group, accelerating the firm’s artificial intelligence, machine learning, and autonomy initiatives. A further acquisition in 2021 was Arcturus UAV, which added additional leading medium Unmanned Aircraft Systems to the AeroVironment portfolio. The firm has been trading on the NASDAQ since its public launch in 2007 and is listed under the ticker AVAV.
Learn more about the share price performance of AVAV stock on eToro.
Show More1.2K
Employees
Arlington, Virginia, US
HQ
1971
Founded
Wahid Nawabi
CEO
Consensus
Moderate Buy
Price Target
105.00
Get insight into a company's sustainability using ESG (environmental, social, and governance) scores.
0
100
52
Medium
Industry
Avg. 52
58
Environment
58
Social
44
Governance
Business Involvement Flags
Defence
Manufacturers of advanced equipment and providers of services targeted at combat,
national security, and other defence applications, including defence contractors,
advanced weaponry and combat equipment and support systems, autonomous military
drone manufacturing, and advanced electronic hardware targeted at military and
intelligence applications. Military and defence functions testing equipment. Propulsion
launch used in vehicle and missile launch, and computer systems, electrical components,
IT solutions and software tailored and designed for the defence industry (note - such
technology can also have applications in the aerospace sector).
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