AeroVironment’s New Joint Venture and Solar HALE UAS Development Program
AeroVironment, Inc. has announced the formation of a joint venture to develop solar-powered high-altitude long-endurance, or HALE, UAS for commercial operations. This category of UAS is also referred to as high-altitude pseudo-satellites, or HAPS. The joint venture will fund the development program up to a net maximum value of $65,011,481. The joint venture, HAPSMobile, Inc., is […]
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