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AeroVironment Donates 87 Quantix Drones and AV DSS Ecosystems to 35 U.S. University Agriculture Departments to Advance Drones in Farming

AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems for both defense and commercial applications, today announced its 2019 Quantix and AV DSS University Collaboration Project. The project’s focus is to advance academic research, applications and crop production practices to improve the future of farming through the use of unmanned aircraft systems (UAS) and advanced data analytics.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190821005732/en/

University of Louisiana Monroe UAS major Stephanie Robinson holds the Quantix drone, donated by <a href=Aerovironment to the school’s Precision Agriculture and UAS Research Center. (Photo: The University of Louisiana, Monroe)"/>

University of Louisiana Monroe UAS major Stephanie Robinson holds the Quantix drone, donated by AeroVironment to the school’s Precision Agriculture and UAS Research Center. (Photo: The University of Louisiana, Monroe)

Through the project, AeroVironment has donated 87 Quantix™ hybrid drone and AV DSS™ ecosystems to the agricultural departments of 35 universities throughout the U.S., including Purdue University, The Ohio State University, Cornell University, University of Louisiana-Monroe, University of Florida, University of Georgia, North Dakota State University, Cal Poly San Luis Obispo and many others.

Participating universities will employ AeroVironment’s Quantix hybrid drone and AV DSS data analytics platform in a variety of in-field trials, application usage studies and precision agriculture systems research covering areas such as crop nutrient and input management, artificial intelligence for detecting weeds, pests and diseases, and improved accuracy of crop yield prediction. Participating universities will share their hands-on experience, along with use-case insights that can improve in-field performance and advance the adoption of drone-based technologies for the agriculture industry.

"Working with the team at AeroVironment moved our drone-based agriculture research forward beyond what we could have done otherwise,” noted professor Quirine Ketterings, Cornell University Nutrient Management Spear Program. "Ultimately, our goal is to develop accurate corn yield predictions based on in-season nitrogen applications to achieve an optimal economic return for the producer.”

Featuring automated precision flight operation and an innovative VTOL (vertical takeoff and landing) hybrid design, Quantix is purpose-built for crop scouting, and can survey up to 400 acres in just 45 minutes. During flight, integrated sensors capture high-resolution color and multispectral imagery via dual 18 megapixel cameras. On-board processing wirelessly transmits true color and NDVI imagery to the included operating tablet as soon as the drone lands, allowing growers to investigate issues while still in the field. For more detailed analysis, Quantix seamlessly integrates with AV DSS to perform advanced image processing and data analytics, including True Color, NDVI, GNDVI, canopy coverage, anomaly detection and more, providing users with deeper insights into plant emergence, vegetative health, inputs and resource management.

"AeroVironment’s donation of Quantix and AV DSS will enable participating universities to quickly and easily gain the on-demand field intelligence they need to advance multiple areas of agriculture research, while enhancing the understanding and application of drone-based technology,” said Rick Pedigo, vice president of business development at AeroVironment. "With on-demand access to high resolution imagery and advanced data analytics, we’re preparing the latest generation of farmers to employ drone technology, such as Quantix and AV DSS, throughout their farming practices, improving crop production and farming efficiencies for years to come.”

"Working with industry leaders such as AeroVironment allows our program to stay on the forefront of the UAS field. The donation of two drones to our program will allow us to provide outstanding hands-on experience to our students,” said Paul Karlowitz, director of operations, University of Louisiana Monroe’s Precision Agriculture and UAS Research Center.

Several participating universities will feature Quantix and AV DSS at upcoming agriculture and UAS learning events:

  • University of Illinois Department of Crop Sciences – Agronomy Day, Aug. 22, 2019
  • Kansas State University – UAS Tech Forum, Aug. 21-22, 2019
  • Purdue University – NACAA Forum, Sept. 8-12, 2019
  • The Ohio State University – Farm Science Review, Sept. 17-19, 2019

For more information, or to purchase a Quantix and AV DSS product package visit: www.avdroneanalytics.com.

About AeroVironment, Inc.

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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14.05.2019Aerovironment BuyCanaccord Adams
28.06.2018Aerovironment HoldStifel, Nicolaus & Co., Inc.
11.04.2018Aerovironment BuyStifel, Nicolaus & Co., Inc.
06.10.2016Aerovironment NeutralRobert W. Baird & Co. Incorporated
02.09.2015Aerovironment HoldCanaccord Adams
14.05.2019Aerovironment BuyCanaccord Adams
28.06.2018Aerovironment HoldStifel, Nicolaus & Co., Inc.
11.04.2018Aerovironment BuyStifel, Nicolaus & Co., Inc.
14.01.2015Aerovironment HoldStifel, Nicolaus & Co., Inc.
10.11.2008AeroVironment outperformFriedman, Billings, Ramsey Group, Inc.
06.10.2016Aerovironment NeutralRobert W. Baird & Co. Incorporated
02.09.2015Aerovironment HoldCanaccord Adams
26.11.2014Aerovironment HoldCanaccord Adams
20.11.2014Aerovironment HoldCanaccord Adams
10.09.2012Aerovironment holdStifel, Nicolaus & Co., Inc.

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