AeroVironment, SoftBank In $65M JV To Develop Unmanned Aircraft
socalTECH
JANUARY 3, 2018
Monrovia, California-based AeroVironment said on Wednesday that it is in a joint venture to develop a solar powered, high-altitude, long-endurance unmanned aircraft system, potentially worth up to $65,011,081. The joint venture is with HAPSMobile , which is 95 percent owned by Japanese technology giant SoftBank Corp.
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