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By Marissa Nall / 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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By Jorge Mercado / 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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By Staff Report / Thursday, January 14th, 2021 / Banking & Finance, East Ventura County, Latest news, right, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on AeroVironment shares take off after $405M drone deal announced
Shares of Simi Valley-based drone company AeroVironment shot up more than 25% on Jan. 14, the day after the company announced a $405 million acquisition of a privately held military drone provider. AeroVironment is acquiring Arcturus UAV, a major provider of Group 2 and 3 unmanned aircraft systems to the U.S. military, for $405 million. Read More →
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By Jorge Mercado / Friday, December 11th, 2020 / Banking & Finance, Earnings, East Ventura County, Latest news, Subscriber content, Technology, Tri-County Economy, Tri-County Public Companies / Comments Off on AeroVironment expands into ground robotics with German acquisition
AeroVironment, an aerial drone company based in Simi Valley, reached an agreement Dec. 8 to acquire Telerob, a German robotics company, in a deal worth approximately $45.4 million in cash.
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By Jorge Mercado / Tuesday, December 8th, 2020 / Banking & Finance, Earnings, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public Companies / Comments Off on Simi Valley’s AeroVironment buys German robotics firm for $45M
AeroVironment, an aerial drone company based in Simi Valley, reached an agreement Dec. 8 to acquire Telerob, a German robotics company, in a deal worth approximately $45.4 million in cash. AeroVironment also released its second quarter 2021 earnings on Dec. 8, revealing an increase in revenue, but a 71% drop in earnings from the previous Read More →
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By Staff Report / Wednesday, September 9th, 2020 / Banking & Finance, Earnings, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public Companies / Comments Off on AeroVironment’s revenue up, profit down
AeroVironment, the Simi Valley-based drone maker, said revenue in its first quarter grew slightly to $87.4 million as the company’s profit fell to 42 cents per share from 71 cents a year earlier. “We are on track to achieve our fiscal year 2021 plans and deliver another year of profitable top line growth, despite the Read More →
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By Marissa Nall / Thursday, July 30th, 2020 / East Ventura County, Latest news, Technology, West Ventura County / Comments Off on Saalex, AeroVironment help NASA get to Mars with morning Perseverance launch
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