AeroVironment has announced the formation of a joint venture to develop solar-powered high-altitude long-endurance, or HALE, UAS for commercial operations.
This category of UAS is also referred to as high-altitude pseudo-satellites, or HAPS. The joint venture will fund the development program up to a net maximum value of $65 million.
The joint venture, HAPSMobile, Inc., is a Japanese corporation that is 95 percent funded and owned by Japan-based telecommunications operator SoftBank Corp. and 5 percent funded and owned by AeroVironment, the company said in a statement Wednesday.
AeroVironment is committed to contribute $5 million in capital for its 5 percent ownership of the joint venture, and has an option to increase its ownership stake in HAPSMobile up to 19 percent at the same cost basis as its initial 5 percent purchase.
Drone manufacturing firm AeroVironment has introduced a four-rotor surveillance drone that is small enough to be carried by soldiers, squads in their pouch. The relay of high-resolution images and able to record video both day and night is another aspect of this drone that can be launched from hand-palm and can be carried in pouch
The US Navy plans to deploy AeroVironments Blackwing, a small, tube-launched unmanned aircraft system that deploys from under the surface of the sea, on manned submarines and unmanned underwater vehicles. Blackwing builds on AeroVironments extensive operational experience with small unmanned aircraft systems (UAS) and its Switchblade Lethal Miniature Aerial Missile System (LMAMS) to provide the Navy with a low cost, submarine launched unmanned aircraft system optimized for Anti-Access/Aerial Denial (A2/AD) environments
AeroVironment, Inc has begun production of a block upgrade, designated Block 10C, to its Switchblade Tactical Missile system. The Digital Data Link (DDL) incorporated into Block 10C provides a stable and secure encrypted communication link that enables more efficient use of existing frequency bands and significantly reduces the likelihood of signal interception
AeroVironment has been awarded $18 million contract to supply initial RQ-11B Raven unmanned aircraft systems (UAS) to seven allied nations. The contract also includes spare parts and contractor logistics services
Subversive Capital has acquired the remainder of AeroVironment's CybAero holding. "We are delighted that Subversive Capital decided to become a major shareholder of CybAero and we look forward to working closely with them," said CybAero CEO Mikael Hult in a statement Thrusday
Unmanned systems maker, AeroVironment has secured a $44.5 million contract for Puma II AE small UAS featuring the new Mantis i45 sensor from a Middle Eastern nation
AeroVironment has been awarded a $9,098,295 foreign military sales contract with Egypt for RQ-20B Puma AE II M3/M4 systems and support. Work will be performed in Monrovia, California, with an estimated completion date of Sept
Raytheon Wins $467M Worth Contract For 44 SM-3 Interceptor Missiles
Multi-Role Combat Vessels to Replace Singapore's Victory-class Missile Corvettes
India Receives Four M777 Ultra-Light Howitzer for Trials
Five Killed, One Injured in South Korea Helicopter Crash
Turkish Firm Wins Tender to Build Four Corvettes for Pakistan Navy
Boeing Apache, Turkish ATAK Compete in Moroccan Helicopter Program
Philippine $5.6 Billion Horizon-2 Phase to Fund Four Frigates, Submarines
General Dynamics To Upgrade US Army Stryker Vehicles with Double V-Hulls
The market for fighter jets in countries which are expected to have open competitions is estimated at US$50 billion to...
The Indian MoD's plan to purchase 110 fighter jets may be its costliest fighter jet buy ever with the entire...
Indias plans of integrating the MBDAs meteor missile on its LCA Tejas and Su-30MKI aircraft may not happen due to...
The most-read stories on the defenseworld
One of the most interesting exhibits at the Dubai Air show 2017 occupies a corner in the Aviation Industries Corporation...
The rising demand for low-cost, combat-capable aircraft that is able to perform a range of missions in an unchallenged environment,...