January 08, 2018

LAS VEGAS, at CES Digital Experience, Jan. 8, 2018 - AeroVironment, Inc. (NASDAQ:AVAV), a leader in electric vehicle (EV) charging and the preferred home charging solution supplier for nine global automakers, today introduced TurboDX™, the company's next-generation EV charging station for commercial, workplace, utility and residential customers around the world. TurboDX is a durable, reliable, fast and safe solution that delivers unparalleled flexibility to accommodate a wide range of users' needs.

'TurboDX is loaded with advanced, user-friendly features to ensure a hassle-free, smart-charging experience that meets the unique requirements and needs of commercial, workplace, utility and residential customers around the world,' said Ken Karklin, vice president and general manager of AeroVironment's Efficient Energy Systems business segment. 'TurboDX can be easily configured to address the specific needs of employers, landlords and property managers who need a flexible solution for maximizing the charging demands of their EV driving staff, tenants and patrons.'

The global EV charging station solution has been certified by Underwriters Laboratory (UL) and the International Electrotechnical Commission (IEC) for safety and security. An OEM-packaged version of the TurboDX has completed Chinese regulatory certification and will begin shipping to China in the first quarter of 2018.

TurboDX, which builds on the same trusted, tested and robust technology as AeroVironment's popular TurboCord™ charging solution, is an open networked solution that gives customers the flexibility to choose from a variety of Open Charge Point Protocol (OCPP) compliant network providers based on their needs and demands. It further enables customers to change their network provider easily, without the added cost of switching or purchasing new hardware.

In addition, TurboDX accommodates a triple, dual or quad installation that allows more cars to charge simultaneously. TurboDX's modular design also makes it easy to expand the number of chargers as needed over time.

TurboDX offers the same Bluetooth-enabled access control currently available on AeroVironment's TurboDock™, allowing a site owner to control access to charging stations through a non-networked, mobile access control option.

Importantly, TurboDX is reliable, safe and robust. With its durable aluminum enclosure and significant thermal margins, it is designed to work under even the harshest conditions - all while providing a safe and reliable charge that gives customers the confidence to proceed with certainty. Its proprietary thermal management algorithm allows a connected vehicle to charge during high ambient temperature conditions while continuously monitoring the charging session to ensure safe operation.

TurboDX is available in both 16- and 32-amp versions (240-volts) with the option for 15-foot or 25-foot cords. Its slim, compact design gives EV drivers the added convenience of mounting TurboDX practically anywhere.

TurboDX has already started shipping and is available now for commercial, workplace and utility customers. It will be available for purchase online from Amazon, evsolutions.com and Home Depot beginning January 30, 2018 at a starting manufacturers' suggested retail price (MSRP) of $469.

AeroVironment is the official electric vehicle charging solution partner of nine of the top global automakers. The company has been supporting and developing EV technology and innovation for more than 25 years.

To learn more about AeroVironment's full line of electric vehicle charging solutions, visit www.evsolutions.com.

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About AeroVironment, Inc. (AV)

AeroVironment (NASDAQ: AVAV) provides customers with more actionable intelligence so they can proceed with certainty.Based in California, AeroVironment is a global leader in unmanned aircraft systems, tactical missile systems and electric vehicle charging and test systems, and serves militaries, government agencies, businesses and consumers. For more information visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute 'forward-looking statements' as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:
AeroVironment, Inc.
Steven Gitlin
+1 (626) 357-9983
pr@avinc.com

Mark Boyer
For AeroVironment, Inc.
+1 (310) 229-5956
mark@boyersyndicate.com

AeroVironment Inc. published this content on 08 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 08 January 2018 22:09:10 UTC.

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