Release Details

• Puma II AE with Mantis i45 sensor and 360-degree antenna system greatly enhances naval missions by adding stand-off/intercept, all-directional, real-time surveillance
• All Environment (AE) configuration is proven to operate successfully and reliably from ships and able to land in water, float until recovered, and continue immediate operations
• With the Puma II AE, the Royal Canadian Navy (RCN) joins other Canadian Department of National Defence forces in fielding a maritime miniature unmanned aircraft system (MMUAS) capability and expands the use of the AeroVironment family of systems

MONROVIA, Calif.--(BUSINESS WIRE)--Feb. 28, 2018-- AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both defense and commercial applications, and MDA, a Maxar Technologies company, announced the Royal Canadian Navy (RCN) has acquired the AeroVironmentPuma™ II AE, maritime mini unmanned aircraft system, for fielding aboard RCN Maritime Coastal Defence Vessels (MCDV). The Puma II AE systems will include the Mantis i45 sensor and a 360-degree antenna system. MDA partnered with AeroVironment to satisfy the requirement of the Department of National Defence of Canada for the Maritime Miniature Unmanned Aircraft System (MMUAS).

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AeroVironment's Puma II AE chosen by the Royal Canadian Navy for fielding aboard Maritime Coastal Defence Vessels. (Photo: Business Wire)

“The addition of our Mantis i45 sensor and 360-degree antenna system expands the capability of Puma II AE to support maritime operations. This solution also builds on AeroVironment’s extensive operational experience with small UAS to provide the Royal Canadian Navy with a low-cost, hand-launched capability that is optimized for contested environments,” said Kirk Flittie, vice president and general manager of AeroVironment’s Unmanned Aircraft Systems business segment. “AeroVironment’s small UAS have helped transform the way U.S. and allied forces plan, train, equip and operate. Fielding Puma II AE to the Canadian Navy allows interoperability with NATO forces and supports coalition mission integration.”

Canada previously acquired AeroVironment’s Raven® UAS and its defense forces have employed Raven systems extensively.

RCN’s adoption of the Puma II AE marks another step in the growing need and fielding of MMUAS for the international surface combatant and coastal craft market. With the Family of Systems (FOS) concept, customers can add other AeroVironment UAS that will augment capabilities and utilize the same ground control station and software for added simplicity and efficiency.

AeroVironment developed the Puma AE system to win a 2008 United States Special Operations Command (USSOCOM) competitive program of record and subsequently supplied the system to the U.S. Navy Expeditionary Combat Command Coastal Riverine Forces, the U.S. Army for convoy and ground troop support and the U.S. Marine Corps. The Navy procured Puma AE systems for use aboard Patrol Craft and also deployed them on a U.S. Navy Expeditionary Fast Transport (T-EPF) ship in support of counter organized crime operations in the Caribbean. The Puma AE is also being deployed by multiple international partners.

The United States Department of Defense established the designation RQ-20B for the block 2 Puma AE small UAS. The block 2 Puma AE system includes a more powerful and lighter propulsion system, lighter and stronger airframe, long-endurance battery, precision inertial navigation system and an improved user interface. The all-environment Mantis i45 gimbal sensor suite for Puma AE delivers a dramatic leap in small UAS image resolution and ISR capability.

About AeroVironment Small UAS

RQ-11B Raven®, RQ-12 Wasp®, and RQ-20A and B Puma™ comprise AeroVironment’s Family of Small Unmanned Aircraft Systems. Operating with a common ground control system (GCS), this Family of Systems provides increased capability to the warfighter that can give commanders the option of selecting the appropriate aircraft based on the type of mission to be performed. This increased capability has the potential to provide significant force protection and force multiplication benefits to small tactical units, fixed installations, naval vessels and security personnel. AeroVironment provides logistics services worldwide to ensure a consistently high level of operational readiness and provides mission services for customers requiring only the information its small UAS produce. AeroVironment has delivered thousands of new and replacement small unmanned air vehicles to customers within the United States and to more than 40 international governments.

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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View source version on businesswire.com: http://www.businesswire.com/news/home/20180228005819/en/

Source: AeroVironment, Inc.

AeroVironment, Inc.
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