Unmanned aircraft producer AeroVironment (AVAV:NASDAQ) is now the only company with a nano-sized plane in development, at least as far as DARPA is concerned.

A few months ago, DARPA (Defense Advanced Research Projects Agency, the Department of Defense’s research arm) took its contract for the testing of a nano-sized unmanned plane away from Lockheed Martin (LMT:NYSE) and awarded it to AeroVironment.

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And Lockheed just announced that it’s officially canceled its program, without much info as to why. Lockheed’s aircraft was designed to mimic the flight of a maple seed. But AeroVironment’s version is more animal than plant.

Based on the theory of a hummingbird’s quicker-than-the-eye flutterings, AeroVironment’s NanoSCOUT will have a 20 mph high-speed mode, which can be slowed down to 1 mph when navigating through a building. Yep, it’s going to be small enough to easily maneuver through buildings, although you’d probably notice it buzzing around the corridors of your office.

DARPA says the NanoSCOUT will be ready for flight demonstrations in two years. Until then, check out AVAV if you’re looking for a defense tech stock with a good future ahead of it.

Source: DARPA awards NanoSCOUT contract to AeroVironment (AVAV)