AeroVironment expands into ground robotics with German acquisition
AeroVironment, an aerial drone company based in Simi Valley, reached an agreement Dec. 8 to acquire Telerob, a German robotics company, in a deal worth approximately $45.4 million in cash.
Simi Valley’s AeroVironment buys German robotics firm for $45M
AeroVironment, an aerial drone company based in Simi Valley, reached an agreement Dec. 8 to acquire Telerob, a German robotics company, in a deal worth approximately $45.4 million in cash. AeroVironment also released its second quarter 2021 earnings on Dec. 8, revealing an increase in revenue, but a 71% drop in earnings from the previous Read More →
AeroVironment’s revenue up, profit down
AeroVironment, the Simi Valley-based drone maker, said revenue in its first quarter grew slightly to $87.4 million as the company’s profit fell to 42 cents per share from 71 cents a year earlier. “We are on track to achieve our fiscal year 2021 plans and deliver another year of profitable top line growth, despite the Read More →
Saalex, AeroVironment help NASA get to Mars with morning Perseverance launch
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Simi Valley industrial building leased to undisclosed investor
The industrial and office sectors of Ventura’s commercial real estate market continue to see action, even during a pandemic. A new industrial building in Simi Valley is already off the market. Newmark Knight Frank announced the lease of a 211,715-square-foot building in Simi Valley at 1757 Tapo Canyon Road. The Class A industrial building sits Read More →
AeroVironment flying high with record revenue
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AeroVironment gets $146 million Army contract
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