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AeroVironment’s drone still grounded on Mars

By   /  Friday, April 16th, 2021  /  Banking & Finance, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public Companies  /  No Comments

Ingenuity, the helicopter drone developed by Simi Valley-based AeroVironment, has had its first experimental flight on Mars delayed after an error sequence during testing, according to the National Aeronautics and Space Administration. Ingenuity, which landed on Mars on the Perseverance rover in February, was scheduled for its first takeoff on April 11. NASA first rescheduled Read More →

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AeroVironment’s drone launch on Mars delayed

By   /  Monday, April 12th, 2021  /  Banking & Finance, East Ventura County, Latest news, left, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  No Comments

Ingenuity, the helicopter drone developed by Simi Valley-based AeroVironment, has had its first experimental flight on Mars delayed, according to the National Aeronautics and Space Administration. Ingenuity, which landed on Mars on the Perseverance rover in February, was scheduled for its first takeoff on April 11. The flight has been rescheduled to no earlier than Read More →

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AeroVironment’s revenue, earnings rise in new quarterly report

By   /  Tuesday, March 9th, 2021  /  Earnings, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on AeroVironment’s revenue, earnings rise in new quarterly report

AeroVironment, a drone company based in Simi Valley, saw a steep rise in revenue and a slight increase in net income when the company released its quarterly results on March 9. AeroVironment generated revenue of $78.8 million in the third quarter of its 2020-21 fiscal year, a 27% increase from the same quarter one year Read More →

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AeroVironment’s Mars drone was more than a decade in the making

By   /  Friday, February 26th, 2021  /  East Ventura County, Latest news, Subscriber content, Technology, Top Stories, Top Story, Tri-County Economy  /  Comments Off on AeroVironment’s Mars drone was more than a decade in the making

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AeroVironment makes $30M AI acquisition

By   /  Wednesday, February 24th, 2021  /  Banking & Finance, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on AeroVironment makes $30M AI acquisition

AeroVironment, a drone company based in Simi Valley, announced Feb. 24 that it has acquired the Intelligent Systems Group from Progeny Systems Corp. for $30 million or more in cash. The Intelligent Systems Group develops intelligence-enabled computer vision, machine learning and perceptive autonomy technologies and provides those services to United States government customers, AeroVironment said. Read More →

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Mars rover lands safely, with drone helicopter from Simi Valley on board

By   /  Thursday, February 18th, 2021  /  Central Coast, East Ventura County, Latest news, Technology, Top Stories, Top Story, Tri-County Economy  /  Comments Off on Mars rover lands safely, with drone helicopter from Simi Valley on board

The Mars 2020 rover, carrying on board a first-of-its-kind drone developed by Simi Valley-based AeroVironment, touched down in the Jezero Crater on Feb. 18. The rover was confirmed to have landed safely at 12:56 p.m. Pacific Time, after what’s known as the “seven minutes of terror,” a delay in signal between the Red Planet and Read More →

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Wall Street loves AeroVironment’s latest acquisition

By   /  Friday, January 22nd, 2021  /  Banking & Finance, East Ventura County, Latest news, right, Subscriber content, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Wall Street loves AeroVironment’s latest acquisition

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