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AgEagle Aerial Systems, Inc. (symbol: UAVS), based in Kansas, is a renowned provider of cutting-edge unmanned aerial vehicle (UAV) data acquisition drones designed for precision agriculture. As a leading FAA 333 exempt entity, AgEagle’s technology significantly enhances the way farmers monitor and manage crop health.
AgEagle’s drones are engineered to swiftly capture and stitch multi-spectral images of crop fields, enabling growers to identify stress factors such as disease, pests, and improper irrigation days before they become visible to the naked eye. This early detection allows farmers to efficiently utilize their equipment, reduce input costs, increase crop yields, and mitigate environmental impact.
The company is actively involved in designing and delivering top-tier drones, sensors, and software solutions that address critical issues for its customers. AgEagle operates through three primary segments: Drones, Sensors, and Software-as-a-Service (SaaS). The majority of its revenue comes from the commercial sale of drones and related products.
AgEagle's technology is not only instrumental in agriculture but is also expanding into other sectors. The company's recent achievements and ongoing projects reflect its commitment to innovation and customer satisfaction. As they continue to develop sophisticated UAV systems, AgEagle aims to maintain its leadership in the industry and expand its market reach.
For the latest updates and detailed information about AgEagle Aerial Systems, Inc., shareholders and interested parties can contact Investor Relations at UAVS@ageagle.com or Media Relations at media@ageagle.com.
AgEagle Aerial Systems (NYSE: UAVS) has announced the release of version 2.1.0 of its eBee VISION application software, introducing enhanced features for defense and commercial customers. The update includes significant improvements in mapping capabilities, allowing for circular and 2D/3D grid mapping with HD real-time video surveillance.
Key technological advancements include GNSS-denied operational capability, enabling missions to continue without GPS and allowing manual deactivation to prevent jamming or spoofing. The software now complies with STANAG 4609, NATO's standard for motion imagery exchange, improving interoperability with third-party applications. Additionally, the update introduces manual adjustment capabilities for Silent Tactical Landing (STL) positioning with range estimates.
AgEagle Aerial Systems (NYSE: UAVS) has announced that its eBee UAS has emerged as the most utilized conventional fixed wing drone among U.S. commercial operators, according to FAA Part 107 commercial drone registration data from 2021 to present. The company's CEO, Bill Irby, highlighted eBee drones' distinctive features, including long-flight endurance, high-resolution sensors, and user-friendly operation that enables precise data collection in challenging environments.
This achievement marks a significant milestone for AgEagle in the commercial UAS industry, reinforcing its position as a trusted leader in both commercial and defense drone markets. The company maintains its focus on regulatory compliance and safety standards while continuously improving its products to deliver high value to customers worldwide.
AgEagle Aerial Systems (NYSE: UAVS) successfully demonstrated its eBee VISION Intelligence Surveillance and Reconnaissance (ISR) UAS platform at the French Army's 61st Artillery Regiment's event, FID25-61e RA Chaumont, held January 30-31, 2025. The demonstration was conducted in partnership with French reseller Flying Eye, which recently completed certification for eBee VISION operations.
This event follows AgEagle's largest single order worth $3.4M with the French Army in Q4 2024. The eBee VISION, a state-of-the-art ISR UAS, will undergo rigorous field exercises to evaluate its tactical flexibility, durability, and efficiency. Flying Eye's Co-CEO Simon Leroy expressed confidence in the platform's unique performance and advanced features, anticipating stronger sales in 2025.
AgEagle Aerial Systems (NYSE: UAVS) has completed a successful demonstration of its eBee VISION Intelligence Safety and Reconnaissance (ISR) UAS platform for key U.S. Department of Defense (DOD) officials. The DOD has initiated testing of the platform in a recent field exercise, evaluating its performance in an austere environment.
The eBee VISION, described as a state-of-the-art ISR Unmanned Aerial System, will undergo rigorous field exercises to assess its tactical flexibility, durability, and efficiency in various operational scenarios. This evaluation will provide DOD stakeholders with valuable information for future procurement decisions.
AgEagle Aerial Systems (NYSE: UAVS) has completed its largest-ever order, delivering the final 15 eBee VISION drones to the French Army through a reseller. The total order value is $3.4 million. Each system includes an eBee VISION UAV, ground control systems, communications and antenna package, and a tactical backpack unit.
The eBee VISION system is designed for real-time situational awareness in public safety and military intelligence, surveillance, and reconnaissance (ISR) applications. Notable features include hand-launch capability, single-pilot operation, visual and thermal imaging functionality in GPS-denied conditions, and AES-256 encryption for secure communications.
Through training events with the French Army, AgEagle has gathered valuable feedback to enhance the eBee VISION platform, which they plan to leverage for scaling their ISR product offerings globally.
AgEagle Aerial Systems (NYSE: UAVS) reported significant achievements in 2024, securing three of its largest product orders in history: 49 eBee drones for the French military, 20 UAS drones for UAE security forces, and 60 RedEdge-P multispectral sensors for East Asia. The company completed a $6.5M public offering to provide working capital and reduce debt. Notable operational highlights include rebuilding the leadership team, receiving Green UAS Certification from AUVSI, and achieving net profitability improvements in Q3 2024 compared to the previous year. The company's strategic shift focused on defense and government verticals, demonstrating increased demand for their drone and sensor technologies.
AgEagle Aerial Systems (NYSE: UAVS) has secured its largest sensor order in company history, receiving a purchase order for 60 RedEdge-P Multispectral Sensors from an East Asian value-added reseller. The sensors, which are NDAA compliant, feature high-resolution multispectral and RGB capabilities with pan-sharpened output resolutions of 2 cm at 60 m height. The customer plans to use these sensors for research on seaweed species and red tide outbreak detection. Delivery is expected in February 2025.
AgEagle Aerial Systems has successfully completed an order for three eBee VISION drones from the Danish Ministry of Defence Acquisition and Logistics Organisation (DALO), adding to DALO's existing fleet of eBee X drones. The eBee VISION drones are designed for real-time situational awareness in public safety and military intelligence, surveillance, and reconnaissance (ISR) applications. These drones are backpack-portable, hand-launched, and controlled by a single pilot, allowing for quick deployment in dynamic environments. They feature visual and thermal imaging capabilities, even in GPS-denied conditions, and ensure cyber-secure communications with AES-256 encryption. AgEagle CEO Bill Irby highlighted that DALO's purchase demonstrates the reliability and versatility of their UAS in military applications. The final delivery of the drones has been completed, marking a significant step in AgEagle's expansion in the defense market.
AgEagle Aerial Systems (NYSE: UAVS) is urging stockholders to vote on their definitive proxy statement before the deadline of December 19, 2024, at 11:59 p.m. ET. The company seeks shareholder approval to increase authorized share count to enable Series B warrant conversions, supporting a current capital raise initiative. The Special Meeting will be held virtually on December 20, 2024, at 11:00 a.m. ET.
CEO Bill Irby highlighted the company's progress in strengthening market position and product roadmap, particularly in defense and commercial sectors. Both leading proxy advisory firms, ISS and Glass Lewis, recommend voting in favor of all proposed matters. Shareholders can vote online, by telephone, or by mail through Alliance Advisors , the company's proxy solicitor.
AgEagle Aerial Systems (NYSE: UAVS) has received the Green UAS certification from the Association for Uncrewed Vehicle Systems International (AUVSI). This certification verifies that AgEagle's drone technologies meet the highest cybersecurity and NDAA supply chain standards, essential for the non-defense and commercial drone market.
The Green UAS certification builds upon the Defense Innovation Unit's (DIU) Blue UAS certification but is tailored for commercial applications. It ensures that commercial small UAS are cyber-secure, expanding the list of secure UAS available for various missions. AgEagle President Bill Irby highlighted the company's commitment to cybersecurity and NDAA compliance, enhancing value for customers and shareholders.
The certification process, administered by AUVSI with external partners, aims to support the DoD community and provide a trusted pathway for commercial and non-DoD government applications. Green UAS compliant components may also opt-in for data sharing with the DIU for potential inclusion in the Blue UAS Framework.
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