AeroVironment, Inc. ("AV") (NASDAQ:AVAV), global manufacturer of all-domain defense technologies and mission-critical space capabilities, today announced a nearly $240M order for its long-haul laser communications terminals from an undisclosed customer who will deploy the systems on orbit.

AV's long-haul laser communications terminals have demonstrated multi-orbit, space-to-space satellite crosslink capabilities while operating in the complex challenges of space environments, including jitter, extreme temperatures, and the absence of atmosphere. The systems offer new capabilities for transferring high-bandwidth data in space–enabling the secure exchange of more data at a faster rate across further distances, including LEO, MEO, GEO orbits, and beyond.