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Aerovironment Inc (AVAV) Q4 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble.
Aerovironment Inc (NASDAQ: AVAV)
Chief Marketing Officer, Vice President Investor Relations
Good afternoon, ladies and gentlemen and welcome to AeroVironment s Fourth Quarter and Full Fiscal Year 2021 Earnings Call. This is Stephen Gitlin, Chief Marketing Officer and Vice President of Investor Relations for AeroVironment. [Operator Instructions] As a reminder this conference is being recorded for replay purposes. Before we begin, please note that on this call certain information presented contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include without limitation any statement that may predict, forecast, indicate or imply future results, performance or achievements and may contain words such as believe, anticipate, expect, estim
By Garrett Reim2021-05-05T01:13:00+01:00
Long-time tactical drone maker AeroVironment has completed its acquisition of ground robot manufacturer Telerob for $45.4 million in cash and a pay-off of $9.4 million of the firm’s debt.
The purchase of the German company is an initial step in AeroVironment’s plans to integrate tactical unmanned air vehicles (UAVs) and unmanned ground vehicles for use in combat operations.
Source: AeroVironment
Quantix Recon tactical drone
Future combat operations may involve hundreds, perhaps thousands of UAVs and unmanned ground vehicles working in concert, perhaps in swarms, says Wahid Nawabi, AeroVironment’s chief executive officer. Toward that vision of future warfare, the company is working to connect and autonomously coordinate ground- and air-based unmanned systems, he adds.
Aerovironment Inc (AVAV) Q3 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble.
Aerovironment Inc (NASDAQ: AVAV)
Chief Marketing Officer, Vice President Investor Relations
Good afternoon, ladies and gentlemen and welcome to AeroVironment s Third Quarter Fiscal Year 2021 Earnings Call. This is Steven Gitlin, Chief Marketing Officer and Vice President of Investor Relations for AeroVironment. At this time, all participants are in a listen-only mode. We will conduct a question-and-answer session after management s remarks. As a reminder, this conference call is being recorded for replay purposes.
Before we begin, please note that on this call certain information presented contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include without limitation any statement that may predict, forecast, indicate or imply future
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