AeroVironment Announces Launch of New England Innovation Center, the Company’s First Engineering Operation Outside of Calif...
April 30 2019 - 9:10AM
Business Wire
- New operation to expand advanced
engineering and innovation capacity in key region to support
AeroVironment’s growth strategy
- Led by Tom Vaneck, former vice
president of InstantEye Robotics
- Special recruiting event featuring top
AeroVironment leadership scheduled for 1:30 p.m. on May 1 at
Xponential
AeroVironment, Inc. (NASDAQ: AVAV), a global leader in
Unmanned Aircraft Systems (UAS) for both defense and commercial
applications, today announced the creation of its New England
Innovation Center (NEIC). The new office will lead development of
advanced solutions complementing AeroVironment’s market-leading
small UAS and furthering the company’s growth strategy.
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AeroVironment’s Family of Small Unmanned
Aircraft Systems and Switchblade Tactical Missile System protect
troops in the most rugged environments (Photo: Business Wire)
“We are expanding our capabilities, our team and our footprint
to achieve our growth objectives,” said Wahid Nawabi, AeroVironment
president and chief executive officer. “The greater Boston region
is a dynamic center of advanced development and talent in
technologies key to the future of our customers’ operations,
including robotics and artificial intelligence. Our latest
Innovation Center will expand AeroVironment’s capabilities so that
we may translate advances in key technologies into ever more
valuable solutions that support our customers across the
globe.”
“We welcome Tom Vaneck to our team with his extensive experience
and knowledge of the unmanned systems industry and a track record
of competitive success. We look forward to Tom’s leadership of our
NEIC and his contributions to supporting our customers,” Mr. Nawabi
added.
“I’m excited to be part of the team at AeroVironment, the leader
in unmanned systems technologies for those on the front-line, and a
company I have watched and admired for many years,” said Vaneck,
vice president and managing director of AeroVironment’s NEIC. “Our
New England Innovation Center will develop new robotic platforms to
expand our family of systems, advance our autonomous capabilities
and build on AeroVironment’s history of delivering innovative
solutions that help customers proceed with certainty.”
Vaneck served as vice president of InstantEye Robotics, a
division of Physical Sciences, Inc. Previously, he served as
general manager of Aurora Flight Sciences’ Cambridge Research and
Development Center. Vaneck earned a Ph.D. in Aeronautics and
Astronautics from Stanford University, and a Master of Science in
Aerospace Engineering, Master of Arts in Mathematics and Bachelor
of Science in Aerospace, Aeronautical and Astronautical Engineering
from Penn State University.
AeroVironment is actively seeking top talent for its New England
and Simi Valley operations, with more than 70 open positions, and
will hold a special interactive recruiting event at AUVSI
XPONENTIAL. The event is titled “The Power of People and Culture,”
and will feature senior AeroVironment leadership starting at 1:30
p.m. CT on May 1, in The Idea Room – hosted by AeroVironment (room
#505A of McCormick Place). A reception will follow the
presentation. Visitors and interested applicants can learn more
about AeroVironment at XPONENTIAL exhibition booth #1631.
About AeroVironment, Inc. (AV)
AeroVironment (NASDAQ: AVAV) provides customers with more
actionable intelligence so they can proceed with certainty. Based
in California, AeroVironment is a global leader in unmanned
aircraft systems and tactical missile systems, and serves defense,
government and commercial customers. 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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AeroVironment, Inc.Steven Gitlin+1 (805)
520-8350pr@avinc.com
Mark BoyerFor AeroVironment, Inc.+1 (310)
229-5596mark@boyersyndicate.com
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