All verified mentions of this organization in source documents.
Arcturus UAV employs its VTOL JUMP 20 in support of USSOCOM operations, minimizing the logistical footprint of unwanned aircraft systems operations.
The United States Special Operations Command selected Arcturus UAV as one of six companies qualified for the potential $975 million indefinite-delivery/indefinite-quantity MEUAS IV contract in June 2020.
AeroVironment completed the acquisition of Arcturus UAV on 19 February 2021, making Arcturus UAV a wholly-owned subsidiary operating under the AeroVironment brand.
Arcturus UAV delivers multi-payload, multi-mission capabilities with its JUMP 20 platform.
Arcturus UAV is one of four awardees selected for funded development and demonstrations supporting the U.S. Army’s FTUAS program, a potential billion-dollar UAS program.
Arcturus UAV provides contractor-owned, contractor-operated (COCO) services.
Arcturus UAV also produces the T-20, a multi-mission, medium endurance catapult-launched system.
All Arcturus UAV systems can carry a variety of payloads including EO/IR gimbals, 3-D mapping, SAR, LIDAR, communications relay, COMINT, and SIGINT payloads.
Arcturus UAV has approximately 270 employees and designs and manufactures Group 2 and Group 3 unmanned aircraft systems (UAS).
Arcturus UAV is a leading supplier to USSOCOM, supporting its $1.4 billion MEUAS III and IV programs.
The acquisition of Arcturus UAV will allow AeroVironment to expand into more valuable Group 2 and 3 UAS segments.
Key members of the Arcturus UAV executive management team will remain in leadership positions following the acquisition.
Arcturus UAV was selected as one of four awardees for the U.S. Army's FTUAS program.
AeroVironment, Inc. will acquire Arcturus UAV, Inc. for a total purchase price of $405 million.
Arcturus UAV's topline growth has exceeded 20 percent for each of the last two fiscal years.
The acquisition was unanimously approved by the Boards of Directors of AeroVironment and Arcturus UAV.
Arcturus UAV's products include the JUMP-20, a multi-mission, medium endurance vertical takeoff and landing (VTOL) system.