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Thursday, Mar 28, 2024

AeroVironment Donates Drones to 35 Agricultural Schools

AeroVironment Inc. has donated 87 Quantix hybrid drones to the agricultural departments at 35 universities throughout the U.S. to improve farming through the use of unmanned aircraft and advanced data analytics. Recipients of the Simi Valley company’s drones include Cal Poly San Luis Obispo, Cornell University, Purdue University and Ohio State University. Quantix drones are built for crop scouting and can survey up to 400 acres in 45 minutes. During flight, sensors capture high-resolution color and multispectral imagery. Rick Pedigo, vice president of business development at AeroVironment, said the donations advance research in both drones and agriculture. “We’re preparing the latest generation of farmers to employ drone technology,” he said in a statement. The company announced the donations Wednesday. Shares of AeroVironment (AVAV) closed up $1.11, or 2.1 percent, to $53.05 on the Nasdaq.

Joel Russel
Joel Russel
Joel Russell joined the Los Angeles Business Journal in 2006 as a reporter. He transferred to sister publication San Fernando Valley Business Journal in 2012 as managing editor. Since he assumed the position of editor in 2015, the Business Journal has been recognized four times as the best small-circulation tabloid business publication in the country by the Alliance of Area Business Publishers. Previously, he worked as senior editor at Hispanic Business magazine and editor of Business Mexico.

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