HAPS Revenue Increases At AeroVironment, But At Cost

AeroVironment has added to its high-altitude pseudo satellite (HAPS) revenue, executives said Dec. 3, bringing the UAV pioneer’s total to $149 million related to HAPS Mobile, a joint venture with Japanese investor SoftBank. But that may be it for a while. “We anticipate our HAPS program bookings and...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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