Strategy + Business: Flight of the Drone Maker

May 28, 2013

The late Paul B. MacCready earned his reputation as an inventor, a pioneer in environmentally friendly technologies, and a daredevil. In 1979, he oversaw a triumphant flight over the English Channel in a seemingly impossible machine: a human-powered aircraft kept aloft by pedaling. He also left his adventurous mark on AeroVironment Inc. (AV), which has had a rich history of seemingly impossible innovations ever since MacCready founded the company in 1971. Today, more than 40 years later, AeroVironment may be poised to lead the next wave of major change in the way people fuel their vehicles, go to war, and make use of flight.

"Flight of the Drone Maker" by Lawrence M. Fisher reprinted with permission from the strategy+business website, published by Booz & Company Inc. Copyright © 2013. All rights reserved. www.strategy-business.com

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