AeroVironment, Inc., also known as AV, is an American defense technology company headquartered in Arlington, Virginia that designs and manufactures autonomous systems, counter-UAS systems, and space systems. The company was founded in 1971 by Paul B. MacCready Jr., a designer of human-powered aircraft. The company provides the US Department of Defense and foreign militaries with small and medium-sized drones—notably the Raven, Switchblade, Wasp, and Puma. Through its acquisition of BlueHalo in 2025[2], the company provides directed energy and space communications systems to U.S. and foreign militaries.
As of 2026, the company's market cap was $10B.[3]
History
On January 7, 2024, AeroVironment was sanctioned by the Chinese government due to U.S. arms sales to Taiwan.[4] On March 4, 2025, the