You don't have the AVA.exe file for some reason. For like example, some anti-viruses mark them as a virus. That is a false report.
That is why this error showed up. There are many other people who has this error.
I uploaded the AVA.exe on mediafire for the people that gets this error.
Just download this
After this put this file in the next path:
For Aeria Ignite
C:\Program Files (x86)\Steam\SteamApps\common\AVA\Binaries
If you replaced the file you need to go to your anti-virus.
From there add AVA.exe to your exceptions list.
For further question, feel free to ask them.