AeroVironment Launches Integrated Commercial Information Solution; Unveils Powerfully-Simple Quantix™ Drone and Decision Support System™ for Real Time Actionable Intelligence

November 15, 2016
  • The AeroVironment Quantix™ is a new drone that combines the vertical takeoff and landing advantages of multirotors with the range, reliability and efficiency benefits of fixed-wing aircraft
  • Operators in agriculture, energy, transportation, utility and other industries can fly Quantix easily using one-touch planning and launch via a dedicated Android tablet device
  • The AeroVironment Decision Support System (AV DSS™) is a full service, cloud-based data analytics platform, incorporating a high level of automation plus leading research and algorithms to deliver actionable insights

SAN JOSE, Calif. Nov. 15, 2016, At Drone World Expo – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems for both military and commercial applications, today launched its new integrated commercial information solution featuring the innovative Quantix™ drone and Decision Support System™ (DSS). Available spring 2017, these technologies allow users to gain actionable insights that can improve operational efficiencies, minimize risk and increase profitability.

The AeroVironment Quantix drone will give businesses the same air superiority, trusted certainty and security that the company is known for as the leading drone supplier to the U.S. Department of Defense.

Quantix is an innovative drone featuring powerfully simple, automated flight with an operator-in-the-loop, and a unique, hybrid design that allows the aircraft to launch vertically and transition into horizontal flight, maximizing aerodynamic efficiency and range.

Operating Quantix is as simple as 1-2-3:First, to plan a mission, the operator simply traces their finger over a map displayed on the tablet controller screen to identify an area of interest.Second, the system guides the operator through a simple, automated pre-flight check to ensure a safe, reliable mission.Third, the operator simply presses the “fly” button and Quantix does the rest, including performing a detailed built-in test procedure, optimizing its flight path for maximum coverage, launching, and then landing vertically when its mission is complete after scanning hundreds of acres with its color and multispectral sensors.Quantix is designed to be the first practical commercial drone combining the advantages of vertical liftoff, for safe launch and soft landing, and horizontal flight to acquire data quickly and easily.It also includes “land now” and “return home” command safety features for complete control.

At the heart of AeroVironment’s Commercial Information Solutions business is the Decision Support System. AeroVironment’s DSS uses advanced research and algorithms to produce high-resolution datasets and analysis of agriculture fields and vineyards, bridges, railroad tracks, pipelines, roads and many other valuable assets. It has easy-to-use mobile interfaces with secure cloud-based data storage. Developed with proprietary algorithms, the AV DSS is the foundation for powerful data processing, integrating data streams from multiple types of sensors and data collection tools and capable of securely storing large amounts of image data for historical trend analysis.

“AeroVironment’s Commercial Information Solutions business integrates remote sensing and surveying with cloud-based data analytics to help customers in multiple industries increase the efficiency of their operations,” said Wahid Nawabi, AeroVironment chief executive and president.“Quantix and AV DSS provide our customers the first truly one-stop, full-service decision-support-system so they can make smarter, quicker decisions that will help increase their revenue and reduce uncertainty and risk.”

Nawabi added, “Our customers told us they want to focus on running their businesses, not on becoming drone experts.That’s why we designed our highly automated system from the ground up to make it easy for them to get the insights they need so they can proceed with certainty.From an easy-to-use and reliable drone, to easy-to-access analytics, customers will benefit from our industry-leading drone and sensor technologies, proven reliable by the most exacting customers in the harshest environments on the planet.”

AeroVironment (Booth #401) will begin delivery of Quantixin the Spring of 2017. Visit avinc.com/CIS to stay informed with exclusive updates and see a video of the Quantix in operation. Register here to receive updates and for the opportunity to reserve your own Quantix system once pre-orders begin February 2017.

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About AeroVironment, Inc. (AV)

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.

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Contact:
AeroVironment, Inc.
Ashley Riser
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Mark Boyer
For AeroVironment, Inc.
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