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AeroVironment's Raven Small Unmanned Aircraft System Receives Military Aircraft Type-Classification Certificate from the Netherlands Military Aviation Authority

AeroVironment, Inc. (AV) (NASDAQ: AVAV) today announced that the Military Aviation Authority of the Netherlands (MLA-NLD) has issued a Military Type Certificate (MTC) for the Raven® B NLD MUAS, the first such certificate issued in the Netherlands in the Micro-Unmanned Aerial Vehicle category. This certificate permits Dutch military personnel to operate Raven systems in designated Dutch airspace.

The AeroVironment Raven B system was selected by the Netherlands Ministry of Defence, acting through its Defence Materiel Organization (DMO), after performing an open competition in 2007. Key elements resulting in its selection were hand-launchability, reliability, ease of use, robustness, and demonstrated in-theater operational performance and logistics support. The DMO subsequently purchased Raven B systems and support services, including training of military users.

“Receiving this MTC validates the Raven system's airworthiness and reliability, but also represents an important step toward the operation of small UAS in our national airspace," said Dick Goedhart, head section type management unmanned aircraft, DMO. “This MTC also makes it possible for us to use Raven for non-military applications, though for those activities segregation of airspace must still be managed by procedures.”

The Raven unmanned aircraft is a 4.2-pound, backpackable, hand-launched sensor platform that provides day and night, real-time video imagery for “over the hill” and “around the corner” reconnaissance, surveillance and target acquisition in support of tactical units. U.S. armed forces use Raven systems extensively for missions such as base security, route reconnaissance, mission planning and force protection.

In addition to the Raven system, AV’s small UAS include Puma AE™ and Wasp™, which are also hand-launched and controlled by AV’s hand-held ground control station. AV’s UAS logistics operation supports systems deployed worldwide to ensure a consistently high level of operational readiness. AV has delivered thousands of small unmanned aircraft to date. In addition to the Netherlands, international purchasers of Raven systems include Italy, Denmark, and Spain.

About AeroVironment, Inc. (AV)

Building on a history of technological innovation, AV designs, develops, produces, and supports an advanced portfolio of Unmanned Aircraft Systems (UAS) and efficient electric energy systems. Agencies of the U.S. Department of Defense and allied military services use the company’s hand-launched UAS to provide situational awareness to tactical operating units through real-time, airborne reconnaissance, surveillance, and target acquisition. Commercial and government entities use AV’s clean transportation solutions such as power cycling and test systems and electric vehicle fast charge systems. More information about AV is available at www.avinc.com.

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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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