Friday, March 04, 2011

Hummingbird Robot Spy Plane

A Monrovia, California company called AeroVironment, Inc. (AVAV), has developed a spy plane that looks like a real hummingbird. AeroVironment, a manufacturer of unmanned aircraft systems and efficient energy systems, has been in business since 1971. The stock trades at 34 times current earnings and 24 times forward earnings, and carries a price earnings growth ratio of 1.28.

Check out the following video of the company's bird spy plane. The upper left portion of the video inset shows what the bird robot is actually seeing.

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