ATLANTA, GA – – (Globe Newswire – May 27, 2026) – – A shareholder class action lawsuit has been filed against AeroVironment, Inc.  (“AeroVironment”) (NASDAQ: AVAV). The lawsuit alleges that Defendants made false and misleading statements and/or failed to disclose material adverse facts by understating the likelihood that AeroVironment would imminently face competition from other vendors for the work it performed in connection with the Satellite Communication Augmentation Resource program and the U.S. Space Force’s ongoing efforts to modernize the Satellite Control Network.

If you purchased AeroVironment shares between June 25, 2025 and March 10, 2026, and experienced a loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at cholzer@holzerlaw.com, by toll-free telephone at (888) 508-6832, or by visiting the firm’s website at  www.holzerlaw.com/case/aerovironment/ for more information.

The deadline to ask the court to be appointed lead plaintiff in the case is July 27, 2026.