---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-094121"
form_type: "8-K"
ticker: "AVAV"
cik: "0001368622"
company_name: "AeroVironment Inc"
filed_at: "2023-08-22T23:59:59+00:00"
generated_at: "2026-06-11T05:29:57.318144+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AeroVironment acquires Tomahawk Robotics for $120M in cash and stock

## Summary
- Total consideration $120M: 81% in restricted AVAV stock, 19% cash; lock-up restrictions on stock.
- Closing expected in Q2 fiscal 2024 (by Oct 28, 2023) subject to customary conditions.
- Tomahawk Robotics designs Kinesis, an AI-enabled common control system for multi-domain unmanned systems.
- Tomahawk will operate within AeroVironment's SUAS business unit; all employees and Florida facility retained.
- Acquisition aims to enhance interoperability for warfighters; products to remain platform agnostic.

## SEC filing metadata
- accession: 0001104659-23-094121
- form_type: 8-K
- ticker: AVAV
- cik: 0001368622
- company_name: AeroVironment Inc
- filed_at: 2023-08-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1368622/000110465923094121/0001104659-23-094121-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1368622/000110465923094121/tm2324229d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-094121
- JSON: https://secwatch.observer/filing/0001104659-23-094121.json
- Plain text: https://secwatch.observer/filing/0001104659-23-094121.txt

## Key facts
- Material Agreements
  AeroVironment Inc entered into Agreement and Plan of Merger with Tomahawk Robotics, Inc. valued at approximately $120 million (effective 2023-08-18).
  - Action: entry
  - Agreement: merger
  - Counterparty: Tomahawk Robotics, Inc.
  - Value: approximately $120 million
  - Effective: 2023-08-18
  source text: On August 18, 2023, AeroVironment, Inc., a Delaware corporation (the “Company”), and Tropic Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of the Company (“Merger Sub”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Tomahawk Robotics, Inc., a Delaware corporation (“Tomahawk")
  evidence_url: https://www.sec.gov/Archives/edgar/data/1368622/000110465923094121/0001104659-23-094121-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.