AVAV - Public offerings

Advanced AI, automation, and data analytics push DaaS into the mainstream across key industriesMarket News Updates News Commentary CounterNEW YORK, April 9, 2026 /CNW/ -- The Drone-as-a-Service (DaaS) industry is growing quickly as more companies choose to 'rent' drone services instead of buying and managing drones themselves. This approach saves money upfront and gives businesses access to skilled operators and advanced technology without the hassle. Right now, the global DaaS market is worth around $12–13 billion, and it's expected to grow to about $34 billion by 2032, showing steady and reliable growth over the next several years fueling active companies to increase operations and forging

NEW YORK, April 09, 2026 (GLOBE NEWSWIRE) -- USANewsGroup.com — The U.S. Department of Defense Drone Dominance Program is targeting the purchase of more than 200,000 autonomous systems by 2027. Section 1709 of the FY25 National Defense Authorization Act and the FCC's December 2025 Covered List expansion have effectively walled off foreign-manufactured drones from the U.S. market. The FY2026 U.S. defense budget has reached a historic $1 trillion topline. And on April 3, 2026, the White House released a FY2027 budget request of $1.5 trillion — the largest defense spending proposal in decades, representing a 44% increase over FY2026 and exceeding the Reagan-era buildup in inflation-adjusted t

AeroVironment, Inc. (NASDAQ:AVAV) (the "Company") today announced the pricing of its upsized underwritten public offering of 3,528,226 shares of its common stock (the "Common Stock") at a public offering price of $248.00 per share (such offering, the "Common Stock Offering"), and its upsized underwritten public offering of $650,000,000 aggregate principal amount of its 0% convertible senior notes due 2030 (the "Convertible Notes" and such offering, the "Convertible Notes Offering"). The aggregate net proceeds to the Company from the Common Stock Offering and the Convertible Notes Offering, after deducting underwriting discounts and other estimated offering expenses, are expected to be appro

AeroVironment, Inc. (NASDAQ:AVAV) (the "Company") today announced proposed underwritten public offerings of $750,000,000 of shares of its common stock (the "Common Stock" and, such offering, the "Common Stock Offering") and $600,000,000 aggregate principal amount of its convertible senior notes due 2030 (the "Convertible Notes" and such offering, the "Convertible Notes Offering"). The Company intends to grant the underwriters of the offerings a 30-day option to purchase up to an additional $112,500,000 of Common Stock in the Common Stock Offering and a 30-day option to purchase up to an additional $90,000,000 aggregate principal amount of Convertible Notes solely to cover over-allotments,

SAN JUAN, Puerto Rico, April 14, 2025 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (NASDAQ:RCAT) ("Red Cat" or "Company"), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, has successfully closed the previously announced registered direct offering with certain institutional investors for the purchase and sale of 4,724,412 shares of common stock resulting in gross proceeds of approximately $30 million, before deducting placement agent fees and other offering expenses. The offering closed on April 11, 2025. "We believe this financing positions Red Cat for significant growth in the drone industry focused on aerospace and

NEW YORK, Jan. 31, 2022 (GLOBE NEWSWIRE) -- CleanTech Acquisition Corp. (NASDAQ:CLAQ) ("CLAQ"), a publicly traded special purpose acquisition company, today announced that it has filed with the U.S. Securities and Exchange Commission a registration statement on Form S-4. The filing includes a preliminary proxy statement/prospectus in connection with CLAQ's proposed business combination with Nauticus Robotics, Inc. ("Nauticus" or the "Company"), a Houston-area developer of surface and subsea robots, cloud software, and associated services. CLAQ and Nauticus recently entered into a definitive merger agreement, which they jointly announced on December 17, 2021. The transaction reflects a pro

Nauticus, founded by ex-NASA engineers, is disrupting ocean services from surface to seabed with its software platform that enables robust machine intelligence for work in marine environments for its growing fleet of ocean robots. Pro forma equity value of the combined company is expected to be approximately $561 million with cash on hand of approximately $222 million, assuming no redemptions. Fully committed PIPE of approximately $73 million in equity and convertible notes anchored by Schlumberger (NYSE:SLB), Transocean (NYSE:RIG), AeroVironment (NASDAQ:AVAV), Material Impact and a large private university endowment, representing sufficient capital to meet the minimum cash required to close

Tim Conver to retire as chairman of the AeroVironment Board of Directors, effective at the company's 2021 annual meeting of shareholders Wahid Nawabi, president and chief executive officer, elected Chairman of the AeroVironment Board   AeroVironment, Inc. (NASDAQ:AVAV), a global leader in intelligent, multi-domain robotic systems, today announced that its Board of Directors has unanimously elected President and Chief Executive Officer Wahid Nawabi to succeed Tim Conver as chairman upon Mr. Conver's planned retirement from the Board of Directors, effective at the company's 2021 annual meeting of shareholders. Mr. Nawabi joined AeroVironment in 2011 and assumed the role of president an