Market Overview

AeroVironment MacCready Works Donates Quantix Systems to West Point Military Academy to Support Its Robotics Research Center

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  • Automated, integrated and easy to use, the highly automated Quantix
    drone allows West Point cadets to focus on data analytics
  • Builds on AeroVironment's ongoing collaboration with universities
    nationwide to support student development and product enhancement

AeroVironment,
Inc.
 (NASDAQ:AVAV), a global leader in unmanned aircraft systems
for both defense and commercial applications, today announced its
MacCready Works lab has donated automated Quantix™
hybrid drones, spare parts and AeroVironment's Decision Support System
(AV DSS™) analytics software to West Point to support the military
academy's Center for Innovation and Engineering and Geography and
Environmental Engineering Department.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180827005197/en/

AeroVironment Donates it's Quantix Systems to West Point Military Academy to Support Its Robotics Re ...

AeroVironment Donates it's Quantix Systems to West Point Military Academy to Support Its Robotics Research Center (Photo: Business Wire)

"MacCready Works is a focal point for AeroVironment's continuous
innovation, focusing on relentless problem solving and doing what has
never been done before," said Kirk Flittie, AeroVironment vice president
and general manager of its Unmanned Aircraft Systems business segment.
"We are fortunate to have the opportunity to collaborate with and
support the prestigious West Point Military Academy as we work together
to advance unique and innovative solutions using the Quantix system."

West Point cadets will deploy two Quantix systems as part of the
collaboration. The Quantix system is a fully integrated drone, sensor
and software information solution for collecting and using aerial
imagery that is as easy to use as an app.

The drone's robust hybrid VTOL technology allows Quantix to operate
effectively in a variety of conditions so cadets can collect data and
create actionable intelligence when and where they need to.

This donation is part of AeroVironment's ongoing support for West Point
cadets and the company's commitment to supporting those who defend
freedom. The company also hosts West Point cadets as interns at
AeroVironment's California facilities and hopes to collaborate on future
projects with West Point.

Further supporting American troops and first responders, AeroVironment
offers a rebate on the purchase of a new Quantix and AVDSS ecosystem
bundle to active and veteran United States military personnel and active
and retired law enforcement and fire fighters and their immediate
families. Visit https://www.avdroneanalytics.com/veterans-rebate/
to learn more.

No Federal endorsement implied.

About AeroVironment, Inc.
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 and tactical missile systems, and serves
militaries, government agencies and businesses. For more information
visit www.avinc.com.

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"forward-looking statements" as that term is defined in the Private
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actual results to differ materially from the forward-looking statements.
Factors that could cause actual results to differ materially from the
forward-looking statements include, but are not limited to, reliance on
sales to the U.S. government; availability of U.S. government funding
for defense procurement and R&D programs; changes in the timing and/or
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business, including compliance with export control laws; potential need
for changes in our long-term strategy in response to future
developments; unexpected technical and marketing difficulties inherent
in major research and product development efforts; the impact of
potential security and cyber threats; changes in the supply and/or
demand and/or prices for our products and services; the activities of
competitors and increased competition; failure of the markets in which
we operate to grow; uncertainty in the customer adoption rate of
commercial use unmanned aircraft systems; failure to remain a market
innovator and create new market opportunities; changes in significant
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