Release Details

• Installation of 102 AeroVironment TurboDock™ charging stations mark ATL's latest initiative supporting its goal of becoming one of the greenest airports in the world
• TurboDock charging stations will be located in several parking structures along the ATL airport perimeter
• TurboDock™ charging stations are AeroVironment & ATL's second project together after AeroVironment's Ground Support Equipment (GSE) chargers were previously installed at the airport

MONROVIA, Calif.--(BUSINESS WIRE)-- AeroVironment Inc. (NASDAQ: AVAV), a leader in electric vehicle (EV) charging and the preferred charging solution supplier for eight global automakers, announced today that Hartsfield-Jackson Atlanta International Airport (ATL) will install 102 of its TurboDock EV charging stations in the airport's parking structures.

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"Atlanta International Airport has set out to become one of the greenest airports in the world, and AeroVironment will help ATL and its guests support that goal with our TurboDock EV charging systems," said Ken Karklin, Vice President and General Manager, Efficient Energy Systems for AeroVironment. "TurboDock is one of the easiest-to-use and most cost-effective charging stations available. Packed with features specifically designed to make it ideal for airports, including modular charging configurations, 120V capability and mobile app based access control, TurboDock helps EV drivers proceed with certainty."

The installation of AeroVironment TurboDock charging stations is the most recent effort by the City of Atlanta and the Hartsfield-Jackson Atlanta International Airport to turn ATL into one of the greenest airports in the world. TurboDock charging stations will be located at the following parking locations at the airport: North and South Domestic Terminal daily lots, South Employee lot, the Maynard H. Jackson International Terminal Hourly deck, the International Park-Ride deck, the ATL Technical Support Campus and Maintenance Building No. 1 in the ATL airport perimeter.

AeroVironment TurboDock is designed for commercial applications like those found in Atlanta and other fast growing EV markets. Out of the box, TurboDock charges at either Level 1 (12 amps/120 volts), or at Level 2 (16 amps/240 volts). TurboDock is easy-to-use, flexible, offers low cost installation and features innovative access control using Bluetooth and a smartphone app, with none of the recurring monthly cellular fees associated with other networked chargers. The configurable, modular design allows for maximum installation flexibility.

TurboDock chargers offer power level and charging configurations appropriate for Airport applications. Having power flexibility allows for more charging ports for a given budget or available power capacity. Drivers parking their cars at airports and other transit locations prefer a larger number of low power charging ports, rather than a smaller number of high power ports, since their cars typically remain parked for longer periods of time.

TurboDock charging stations can be found in a growing number of workplaces, transit stations, hotels, shopping malls and universities. For more information, please visit http://www.evsolutions.com/turbodock.

About AeroVironment

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty. Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

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; our reliance on sales to the U.S. government; changes in the timing and/or amount of government spending; changes in the supply and/or demand and/or prices for our products and services; 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, including our most recent Annual Report on Form 10-K and Quarterly Reports on 10-Q. 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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AeroVironment, Inc.
Steven Gitlin, +1 626-357-9983
pr@avinc.com
or
For AeroVironment, Inc.
Mark Boyer, +1 310-229-5956
mark@boyersyndicate.com

Source: AeroVironment Inc.

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