AeroVironment, Inc. (NASDAQ:AVAV) was established in 1971 and is headquartered in Monrovia, California. It designs, develops, produces, supports and operates a portfolio of products and services for government agencies and enterprises.
Aviation Environment Corporation mainly provides unmanned aircraft systems (UAS) and related services to organizations of the US Department of Defense and international coalition governments; and tactical missile systems and related services organized within the US government.
Aerospace Environment also provides small UAS products, including backup equipment, backup payload modules, batteries, chargers, maintenance services and customer support.
In addition, the Aerospace Environment Corporation develops high-altitude pseudolite systems for commercial customers in Japan.
In November 2014, the US Aviation Administration implemented stricter drone management in low-altitude areas, and any aircraft flying in the sky must be restricted. AVAV’s drone is the only one approved for commercial use, which is also a highlight of its investment. But like many start-up companies, the company has not yet begun to make a profit.
AeroVironment integrates the design, development, production, technical support and operation of unmanned aerial systems (UAS), tactical missile systems, and efficient energy systems. Its main business is small drones (providing ISR and communication, including real-time tactics). Reconnaissance, tracking, combat evaluation and geographic data collection and analysis, etc., and can provide services for individuals, institutions and companies) and efficient energy system research and development. In addition, AeroVironment also provides comprehensive solutions for charging points for electric vehicles and passengers or vehicles ( Fleet) demand solutions, industrial electric vehicle charging, electric material processing, airport ground support equipment systems, electric motors, fuel cells, and even the production of complete vehicles.
AVAV’s current customers mainly include the US Department of Defense, US Army, US Air Force, US Special Operations Forces, and other government agencies and commercial customers.
Aviation Environment AeroVironment AVAV investment:
Aviation Environment, like Real CommScope , is a military industry-themed stock, mainly engaged in drones. Its current market value is only US$600 million. It is a stock with good growth potential and a potential acquisition target for companies such as Amazon and Google .