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AVAV AeroVironment Inc

173.82
3.88 (2.28%)
27 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
AeroVironment Inc NASDAQ:AVAV NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  3.88 2.28% 173.82 165.00 180.00 174.64 169.9501 172.55 171,550 01:00:00

AeroVironment’s Puma 3 AE Now Offers Extended Endurance of Up To 3 Hours

14/02/2024 2:10pm

Business Wire


AeroVironment (NASDAQ:AVAV)
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AeroVironment’s PS2500 battery is now approved for use in the Puma™ 3 AE unmanned aircraft system (UAS). The optional PS2500 battery allows operators to achieve extended endurance of up to three hours of flight time. The increased endurance provides operators with greater mission flexibility and time on station across land and maritime operations.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240214499488/en/

AeroVironment’s PS2500 battery provides Puma 3 AE unmanned aerial systems users with up to three hours of continuous flight operations. (Photo: AeroVironment)

“The new PS2500 battery offers both new and current Puma customers the opportunity to dramatically expand the duration of their operations, enabling more ground covered in a single flight,” said Brad Truesdell, AeroVironment’s vice president and general manager of small UAS (SUAS). “Adding longer endurance capabilities to Puma's existing flexible launch options and modularity makes it a truly unparalleled asset for various types of operations.”

Puma customers can now choose between the standard smart battery with two and a half hours of endurance, or the PS2500 battery with three hours of endurance. The high-energy-density lithium-ion PS2500 battery pack features an improved capacity of 24.5Ah (amp-hours) while retaining the size and form factor needed to be seamlessly integrated into Puma 3 AE’s existing battery bay and is also interoperable with Puma LE as a Line Replaceable Unit (LRU).

ABOUT AEROVIRONMENT, INC.

AeroVironment (NASDAQ: AVAV) is a global leader in intelligent multi-domain robotic systems, uncrewed aircraft and ground systems, sensors, software analytics, and connectivity. Headquartered in Arlington, Virginia, AeroVironment delivers actionable intelligence so our customers can proceed with certainty. 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; 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. 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.

MEDIA CONTACTS Ashley Riser PR Manager AeroVironment, Inc. pr@avinc.com

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