Thread Tools
This thread is privately moderated by Jack Crossfire, who may elect to delete unwanted replies.
Oct 02, 2013, 05:37 AM
Registered User
Jack Crossfire's Avatar
Thread OP
Discussion

AeroVironment (AVAV) Cuts Jobs in UAS Segment





AeroVironment (AVAV) Cuts Jobs in UAS Segment



Another one bites the dust. With $685,000 in severance packages, it's probably a large section of the company. Once, Aerovironment & Lockheed competed in a micro UAV competition.


AeroVironment/DARPA Nano Hummingbird UAV flying (1 min 45 sec)



Aero created a miniature ornithopter, a mechanical marvel, & won the contest.

Lockheed Martin 30cm-span Samarai 'maple seed' UAV (1 min 38 sec)


Lockheed created a miniature monocopter & lost, but now is the one still around.


The business of turning RC copters into drones has now been around long enough to weed out the masses of experimenters & leave just the business models that go straight down the middle of what works. When electric flight went manestream in 2006, the government was putting loads of money in technology & welfare. There were lots of drone startups living on $100,000 government contracts & lots of homeowers getting paid to not sell their houses.


Now, the technology investment has ended & government is just funding welfare. If they weren't bought out, the 1st drone startups went out of business. There's a new generation of drone startups, but now they're hobby projects not making any money.


Aerovironment & many others couldn't make the switch from government contracts to the much less lucrative farming & hobby pilots. All the money is now concentrated in just 3D Robotics.


As it has in the past when a new technology matures, the distribution of wealth has gone from the many making $100,000 at a time to the few making $30 million at a time.
Sign up now
to remove ads between posts
Oct 02, 2013, 06:19 AM
Registered User
Quote:
Lockheed created a miniature monocopter & lost, but now is the one still around.
Yeah... I'm sure almost a century of military aircraft research and development has NOTHING to do with why they are still around.
Oct 02, 2013, 04:06 PM
Registered User
For the bean counters in the group, 47 employees we're let go this time.


Quick Reply
Message:
Thread Tools

Similar Threads
Category Thread Thread Starter Forum Replies Last Post
Rant Cisco to cut 4,000 jobs 56S Life, The Universe, and Politics 58 Aug 19, 2013 08:00 PM
Discussion Unmanned UAS made in Gaza ihls UAV - Unmanned Aerial Vehicles 4 Apr 13, 2013 04:47 PM
Discussion large expansion in water related jobs, Jim Thomerson Life, The Universe, and Politics 18 Feb 17, 2013 05:32 PM
Discussion AeroVironment, Inc. - Military UAV's in use today! SmoothRC UAV - Unmanned Aerial Vehicles 0 Jul 29, 2008 02:36 PM
Discussion FAA reveals first cut at “small” UAS system description FrankC Aerial Photography 35 Dec 08, 2007 12:24 PM