Latest news with #AV
Pink Villa
2 days ago
- Entertainment
- Pink Villa
THE BOYZ's agency chairwoman admits 'failing to properly manage' Ju Haknyeon amid AV star scandal: 'We humbly accept…'
Following the controversy involving Ju Haknyeon, the leadership of ONE HUNDRED Label has broken its silence. On June 18, Chairwoman Cha Ga Won delivered a formal apology on behalf of the agency. She acknowledged the gravity of the situation and accepted responsibility for what she described as serious shortcomings in artist supervision. Ju Haknyeon, once a member of the K-pop boy group THE BOYZ, found himself at the center of a scandal. He was spotted with AV actress Asuka Kirara at a Tokyo bar in late May. In response, ONE HUNDRED Label announced his immediate departure from the group. They terminated his exclusive contract, citing 'personal issues' at first. But fans and the media were already piecing together the full story. Cha Ga Won's statement In a statement, Chairwoman Cha 'deeply apologises' to fans, supporters, and the wider public for the controversy surrounding one of their artists. She didn't attempt to shift blame but instead took full responsibility for the fallout. The agency acknowledges that it failed in its duty to adequately oversee and manage the private actions and professional conduct of its artists. 'We humbly accept that we failed to properly manage our artists' private lives and conduct,' Cha said. She added, 'Through this incident, we have come to fully recognize the weight of our responsibility and are reflecting deeply.' She acknowledged that the situation has served as a wake-up call. Cha emphasized that this moment will be used as an opportunity to initiate systemic change within the agency. She explained that ONE HUNDRED Label would take immediate steps to revise its internal management structure. Plans include introducing structured educational programs to raise awareness among trainees and artists about personal responsibility and public expectations. These programs will also address the consequences of private actions becoming public scandals. The timeline: From suspension to termination The scandal first surfaced through a report by Shūkan Bunshun, a Japanese media outlet. The article included photographs showing Ju Haknyeon at a private bar in Tokyo with Asuka Kirara. She's a former adult actress. She was allegedly seen hugging and leaning her head on his shoulder in images. The photos, which showed them in close proximity, fueled controversy online. Fans and netizens criticized the idol's behavior, calling it inappropriate and damaging to the group's image. Initially, the agency responded vaguely. They stated that Ju Haknyeon would be temporarily halting activities for personal reasons. But just two days later, the situation escalated. The agency issued an official statement confirming his full departure from THE BOYZ and the immediate cancellation of his contract.
Business Wire
3 days ago
- Business
- Business Wire
AV and UAS Denmark Establish Strategic Partnership to Advance Allied UAS Capabilities in Europe
ARLINGTON, Va.--(BUSINESS WIRE)--AeroVironment, Inc. ('AV') (NASDAQ: AVAV) today announced it has signed a Memorandum of Understanding (MOU) with Hans Christian Andersen Aiport in Odense, Denmark–home to the UAS Denmark Test Center–to explore joint utilization of the center's expansive airspace and advanced test facilities. The agreement aims to leverage UAS Denmark's strategic range and infrastructure to support AV's uncrewed aircraft system (UAS) demonstration operations, mission training, and customer integration activities across the region. "Our partnership with UAS Denmark positions us to deliver enhanced capabilities, mission-critical training, and integrated UAS solutions to allied defense forces and government stakeholders across the region." Share The collaboration is expected to enable joint research and development (R&D) initiatives and accelerate the growth of the UAS Denmark Test Center as a regional epicenter for advanced UAS innovation, evaluation, and operational readiness. "This MOU represents a significant milestone in expanding AV's operational footprint in Europe," said Shane Hastings, AV's vice president and general manager of Medium UAS. "Our partnership with UAS Denmark positions us to deliver enhanced capabilities, mission-critical training, and integrated UAS solutions to allied defense forces and government stakeholders across the region." This agreement follows AV's February 2025 Framework Agreement with the Danish Ministry of Defence Acquisition and Logistics Organization (DALO), under which AV is delivering advanced UAS, operator and maintainer training, and lifecycle support to strengthen the Danish Armed Forces' intelligence, surveillance, and reconnaissance (ISR) capabilities. The MOU with UAS Denmark builds on this momentum and reinforces AV's commitment to delivering tactical advantage through scalable, reliable, and combat-proven UAS platforms. By formalizing this collaboration, AV continues to expand its international partnerships and operational support capabilities—ensuring allied forces have access to the tools and training required to maintain readiness in dynamic environments. ABOUT AEROVIRONMENT, INC. AeroVironment ('AV') (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The company develops and deploys autonomous systems, precision strike systems, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today's warfighter and tomorrow's conflicts. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities with speed, scale, and operational relevance. For more information visit: ABOUT UAS DENMARK TEST CENTER Located at Hans Christian Andersen Airport in Odense, the UAS Denmark Test Center is one of Europe's leading hubs for drone testing, development, and innovation. With access to a dedicated BVLOS airspace, state-of-the-art facilities, and a collaborative ecosystem of government, academia, and industry, the center supports the advancement of cutting-edge unmanned technologies. For more information, visit: 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.
Business Wire
12-06-2025
- Business
- Business Wire
AV's JUMP 20 Medium UAS Supports U.S. Navy's 4th Fleet During Operation Southern Spear
ARLINGTON, Va.--(BUSINESS WIRE)--AeroVironment, Inc. ('AV') (NASDAQ: AVAV) delivered company-owned, company-operated (COCO) maritime intelligence, surveillance and reconnaissance (ISR) services in support of the U.S. Navy's 4 th Fleet as part of Operation Southern Spear. AV's JUMP® 20 medium uncrewed aircraft system (MUAS) was deployed across the Caribbean and southern Atlantic region, providing persistent ISR where it actively tracked potential illicit activities within the 4 th Fleet's jurisdiction. What sets the JUMP 20 apart from other Group 3 UAS in its class is its superior payload capacity, unmatched modularity and exceptional endurance – all delivered without the need for launch or recovery equipment. Share JUMP 20 is a vertical take-off and landing (VTOL) MUAS designed for rapid deployment, with fully hands-free autonomous launch and recovery capabilities on moving vessels—even in challenging maritime conditions, including sea state level 5 and winds exceeding 20 knots. 'Advancing and refining the JUMP 20 maritime offering has been a major focus and investment for AV during the past 18 months,' said Shane Hastings, AV's vice president and general manager of medium UAS. 'This contract represented the culmination of that work and marked the first of what we hope are many operational maritime deployments of the JUMP 20. What sets the JUMP 20 apart from other Group 3 UAS in its class is its superior payload capacity, unmatched modularity and exceptional endurance – all delivered without the need for launch or recovery equipment enabling fully hands-free operations and maximizing operational safety.' According to the Navy, 'Operation Southern Spear was a successful operation designed to advance the Navy's Hybrid Fleet Campaign, operationalizing Robotic and Autonomous Systems (RAS) through manned-unmanned teaming. In addition to meeting operational objectives, this operation transitioned from short-duration experimentation into long-duration operations aiding in the development of critical techniques and procedures designed to advance the global integration of RAS into the maritime environment. AV's JUMP 20 served as a key ISR asset, operating alongside joint and interagency assets in the area.' JUMP 20 has proven its reliability with over 130,000 land-based flight hours supporting U.S. Special Operations Command combat deployments. JUMP 20's expanded operations into these shipboard environments further extends its reach, enabling multi-mission multi-domain capabilities on a global scale, wherever and whenever needed. AV's JUMP 20 was ship-based and deployed for approximately six months during Operation Southern Spear under the Monitoring, Analysis, Reconnaissance, Logistics, Intelligence, and Network Services (MARLINS) Task Order as a subcontractor under the prime contractor, SMX. ABOUT AEROVIRONMENT, INC. AeroVironment ('AV') (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The company develops and deploys autonomous systems, precision strike systems, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today's warfighter and tomorrow's conflicts. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities with speed, scale, and operational relevance. For more information visit: 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.
Malay Mail
11-06-2025
- Automotive
- Malay Mail
Tesla's public robotaxi rides set for tentative June 22 start, CEO Musk says
SAN FRANCISCO, June 11 — Tesla tentatively plans to begin offering rides on its self-driving robotaxis to the public on June 22, CEO Elon Musk said yesterday, as investors and fans of the electric vehicle maker eagerly await rollout of the long-promised service. Musk has staked Tesla's future on self-driving vehicles, pivoting away from plans to build a cheaper EV platform, and much of the company's valuation hangs on that vision. But commercialising autonomous vehicles (AV) has been challenging with safety concerns, tight regulations and soaring investments, and many have been sceptical of Musk's plans. 'We are being super paranoid about safety, so the date could shift,' Musk said in a post on X in response to a question from a user about public robotaxi rides that the EV maker plans to first offer in Austin, Texas. Musk also said starting June 28, Tesla vehicles will drive themselves to a customer's house from the end of the factory line. A successful robotaxi launch is crucial for Tesla as sales of its EVs have softened due to rising competition and a backlash against Musk's embrace of far-right political views in Europe, and his recent work for US President Donald Trump before their public falling out. Musk has promised a paid robotaxi service in Austin starting with about 10-20 of its Model Y SUVs that will operate in a limited area and under remote human supervision. The company then plans to expand operations to other US states later in the year, including California which has stringent AV regulations. 'Austin >> LA for robotaxi launch lol,' Musk said on X, in an apparent reference to the southern Californian city of Los Angeles. Tesla has been testing its self-driving vehicles on public streets in Austin, Musk said last month. Earlier yesterday, Musk re-posted a video on X that showed a Model Y making a turn at an Austin intersection with no human driver and the word 'Robotaxi' written on it, and followed closely by another Model Y. The vehicles were using a new version of Tesla's advanced driver assistance software, called Full Self-Driving (FSD), Musk said in a separate X post. Little else is known about Tesla's robotaxi service, including where it will operate, the extent of remote supervision and how the public can use the service. — Reuters
Associated Press
05-06-2025
- Business
- Associated Press
AeroVironment, Inc. to Announce Fourth Quarter and Full Fiscal Year 2025 Earnings and Host Conference Call
ARLINGTON, Va.--(BUSINESS WIRE)--Jun 5, 2025-- AeroVironment, Inc. ('AV') (NASDAQ: AVAV) will report its financial results for the fourth quarter and full fiscal year 2025, which ended April 30, 2025, after the market closes on Tuesday, June 24, 2025. Management will host a conference call and live audio webcast at 4:30 p.m. Eastern Time that same day to discuss the results. The call will be led by Wahid Nawabi, AV's chairman, president, and chief executive officer; Kevin P. McDonnell, executive vice president and chief financial officer; and Denise Pacioni, director, investor relations. Investors may access the conference call by registering through the following link up to 10 minutes before the event begins: Conference Call Details Date: June 24, 2025 Time: 4:30 p.m. ET | 1:30 p.m. PT | 2:30 p.m. MT | 3:30 p.m. CT Participant registration URL: The live audio webcast will also be accessible via the Investor Relations section of AV's website, Please access the site 15 minutes before the event to ensure any necessary software is downloaded. Audio Replay An audio replay and transcript of the event will be archived on the Investor Relations section of the company's website shortly after the event: ABOUT AEROVIRONMENT, INC. AeroVironment ('AV') (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The company develops and deploys autonomous systems, precision strike systems, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today's warfighter and tomorrow's conflicts. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities with speed, scale, and operational relevance. For more information visit: View source version on CONTACT: INVESTOR CONTACT Denise Pacioni Investor Relations AeroVironment, Inc. CONTACT Rene Bardorf AeroVironment, Inc. [email protected] KEYWORD: VIRGINIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: TECHNOLOGY SECURITY AEROSPACE DRONES MANUFACTURING SOFTWARE GOVERNMENT TECHNOLOGY HARDWARE DEFENSE SOURCE: AeroVironment, Inc. Copyright Business Wire 2025. PUB: 06/05/2025 09:18 AM/DISC: 06/05/2025 09:17 AM
