An un-manned airborne vehicle (UAV), for acquiring aeromagnetic data for geophysical surveying at low altitude on land or over water, comprising an extended fuselage that is adapted to hold and maintain magnetometer and a magnetic compensation magnetometer at a minimum distance from the avionics and propulsion systems of the UAV. The magnetometer measures magnetic anomalies and the magnetic compensation magnetometer measures magnetic responses corresponding to the pitch, yaw and roll of the UAV. A data acquisition system stores and removes the magnetic response measurements from the magnetic anomaly measurements. The data acquisition system also stores a survey flight plan and transmits the same to the avionics system. The generator of the UAV is shielded and the propulsion system is stabilized to reduce magnetic and vibrational noises that can interfere with the operation of the magnetometer.