Thursday, March 10, 2011
AeroVironment Q3 Revenues Up
Monrovia-based AeroVironment, the maker of unmanned aerial vehicles and electric vehicle chargers, reported its quarterly results this week, saying that its year-over-year revenues increased 39 percent for its third quarter. The publicly held firm saw increases in both its unmanned aerial vehicle business as well as electric vehicle charger business. Aerovironment said it has now installed more than 1,000 charging docks for electrical vehicles in the quarter, across 18 states.