"AeroVironment's Commercial Information Solutions business integrates remote sensing and surveying with cloud-based data analytics to help customers in multiple industries increase the efficiency of their operations," said Wahid Nawabi, AeroVironment chief executive and president. "Quantix and AV DSS provide our customers the first truly one-stop, full-service decision-support-system so they can make smarter, quicker decisions that will help increase their revenue and reduce uncertainty and risk."Nawabi added, "Our customers told us they want to focus on running their businesses, not on becoming drone experts. That's why we designed our highly automated system from the ground up to make it easy for them to get the insights they need so they can proceed with certainty. From an easy-to-use and reliable drone, to easy-to-access analytics, customers will benefit from our industry-leading drone and sensor technologies, proven reliable by the most exacting customers in the harshest environments on the planet." AeroVironment (Booth #401) will begin delivery of Quantix in the Spring of 2017. Visit avinc.com/CIS to stay informed with exclusive updates and see a video of the Quantix in operation. Register here to receive updates and for the opportunity to reserve your own Quantix system once pre-orders begin February 2017. Recommended Tweet for Media AeroVironment unveils integrated commercial #UAV solution, with revolutionary Quantix #drone & Decision Support System http://bit.ly/quantix 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, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com. Safe Harbor Statement This press release contains "forward-looking statements" as that term is defined in 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," "estimate," "intend," "project," "plan," or words or phrases with similar meaning. Forward-looking statements are based on 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 the forward-looking statements. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, reliance on sales to the U.S. government; availability of U.S. government funding for defense procurement and R&D programs; changes in the timing and/or amount of government spending; risks related to our international business, including compliance with export control laws; potential need for changes in our long-term strategy in response to future developments; unexpected technical and marketing difficulties inherent in major research and product development efforts; changes in the supply and/or demand and/or prices for our products and services; the activities of competitors and increased competition; failure of the markets in which we operate to grow; failure to remain a market innovator and create new market opportunities; changes in significant operating expenses, including components and raw materials; failure to develop new products; the extensive regulatory requirements governing our contracts with the U.S. government; product liability, infringement and other claims; changes in the regulatory environment; 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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