AeroVironment Militarizes Its Quantix Civilian Drone
As a military contractor, AeroVironment (NASDAQ: AVAV) is most famous for building unmanned aerial vehicles (UAVs), including its ubiquitous RQ-11 Raven surveillance drone and the "Switchblade," a "loitering monition" that flies like a drone but also attacks targets kamikaze-style, detonating a small warhead contained in its nosecone. Three years ago, AeroVironment attempted to expand from the military into the civilian sphere, marketing a new Quantix quadcopter designed to give commercial customers the ability to use high-resolution color and multispectral video to survey oil pipelines, crop fields, and other large objects.
Now, AeroVironment is returning to its roots and converting Quantix to military uses, as well.
Image source: AeroVironment.
Source Fool.com
