U.S. Army Selects AeroVironment JUMP 20 Medium Unmanned Plane System for Future Tactical Unmanned Plane System (FTUAS) Increment 1


ARLINGTON, Va.–()–AeroVironment, Inc. (NASDAQ: AVAV), a world chief in clever, multi-domain robotic methods, at present introduced it acquired an Different Transaction Settlement award by the USA Army on Aug. 18, 2022 for Increment 1 of the Future Tactical Unmanned Plane System (FTUAS) program. The contract encompasses the acquisition, testing and supply of 1 JUMP® 20 medium unmanned plane system (MUAS) to a particular Army Brigade Fight Staff (BCT) and related providers, coaching and assist.

“With Increment 1 of the FTUAS program, the Army will likely be testing and fielding the JUMP 20 on an accelerated schedule as they search a substitute for the RQ-7B Shadow UAS at the moment fielded in Brigade Fight Groups,” mentioned Gorik Hossepian, AeroVironment vp and product line basic supervisor for MUAS. “The combat-proven JUMP 20 is a quickly deployable, runway impartial, vertical takeoff and touchdown answer for the Army. Its potential to be deployed, operated and sustained from anyplace is a game-changer in theater and in conditions the place the enemy has invaded or destroyed infrastructure.”

The AeroVironment JUMP 20 is the primary fixed-wing unmanned plane system able to vertical takeoff and touchdown (VTOL) to be deployed extensively in assist of U.S. army forces. Superb for multi-mission operations, JUMP 20 delivers 14+ hours of endurance, an ordinary operational vary of 115 miles (185 kilometers) and is runway impartial. The system may be arrange and operational in lower than 60 minutes with out the necessity for launch or restoration tools and has a useable payload capability of as much as 30 kilos (13.6 kilograms). The JUMP 20 additionally includes a widespread autopilot and floor management system structure offering a extremely customizable, modular platform that may be customized configured to fulfill operational or buyer necessities.

ABOUT AEROVIRONMENT UNMANNED AIRCRAFT SOLUTIONS

AeroVironment’s portfolio of clever, multi-domain robotic methods contains small footprint, runway-independent unmanned plane methods (UAS). These options provide elevated, multi-mission capabilities with the choice of choosing the suitable plane and payload primarily based on the kind of mission to be carried out. These capabilities have the potential to supply vital pressure safety and pressure multiplication advantages to small tactical models and safety personnel, in addition to higher security, scalability and value financial savings to industrial operators. AeroVironment offers turnkey intelligence, surveillance and reconnaissance (ISR) and assist providers worldwide to make sure a persistently excessive stage of mission success. AeroVironment has delivered tens of 1000’s of latest and substitute unmanned air autos to clients inside the USA and to greater than 50 allied governments. For extra info, go to www.avinc.com/uas.

ABOUT AEROVIRONMENT, INC.

AeroVironment (NASDAQ: AVAV) offers expertise options on the intersection of robotics, sensors, software program analytics and connectivity that ship extra actionable intelligence so you may Proceed with Certainty. Headquartered in Virginia, AeroVironment is a world chief in clever, multi-domain robotic methods and serves protection, authorities and industrial clients. For extra info, go to www.avinc.com.

SAFE HARBOR STATEMENT

Sure statements on this press launch might represent “forward-looking statements” as that time period is outlined within the Non-public Securities Litigation Reform Act of 1995. These statements are made on the idea of present expectations, forecasts and assumptions that contain dangers and uncertainties, together with, however not restricted to, financial, aggressive, governmental and technological elements outdoors of our management, which will trigger our enterprise, technique or precise outcomes to vary materially from these expressed or implied. Elements that would trigger precise outcomes to vary materially from the forward-looking statements embody, however should not restricted to, our potential to carry out below present contracts and procure extra contracts; modifications within the regulatory surroundings; the actions of rivals; failure of the markets through which we function to develop; failure to increase into new markets; failure to develop new merchandise or combine new expertise with present merchandise; and basic financial and enterprise circumstances in the USA and elsewhere on the earth. For an extra listing and outline of such dangers and uncertainties, see the experiences we file with the Securities and Trade Fee. We don’t intend, and undertake no obligation, to replace any forward-looking statements, whether or not on account of new info, future occasions or in any other case.



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