AgEagle Aerial Systems Announces Milestone Order of 60 RedEdge-P Multispectral Sensors
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 (NYSE: UAVS) ha ottenuto il suo più grande ordine di sensori nella storia dell'azienda, ricevendo un ordine di acquisto per 60 sensori multispettrali RedEdge-P da un rivenditore a valore aggiunto dell'Est Asia. I sensori, che sono conformi alla NDAA, presentano capacità multispettrali e RGB ad alta risoluzione con risoluzioni di output pan-sharpened di 2 cm a un'altezza di 60 m. Il cliente prevede di utilizzare questi sensori per la ricerca sulle specie di alghe marine e il rilevamento di fioriture di maree rosse. La consegna è prevista per febbraio 2025.
AgEagle Aerial Systems (NYSE: UAVS) ha asegurado su mayor pedido de sensores en la historia de la empresa, recibiendo una orden de compra por 60 sensores multiespectrales RedEdge-P de un revendedor de valor agregado de Asia Oriental. Los sensores, que son compatibles con la NDAA, cuentan con capacidades multiespectrales y RGB de alta resolución con resoluciones de salida pan-sharpened de 2 cm a 60 m de altura. El cliente planea utilizar estos sensores para investigaciones sobre especies de algas marinas y detección de brotes de mareas rojas. Se espera la entrega en febrero de 2025.
AgEagle Aerial Systems (NYSE: UAVS)는 회사 역사상 가장 큰 센서 주문을 확보하며, 동아시아의 부가가치 리셀러로부터 60개의 RedEdge-P 다중 스펙트럼 센서에 대한 구매 주문을 받았습니다. 이 센서는 NDAA 규정을 준수하며, 60m 높이에서 2cm의 출력 해상도를 가진 고해상도 다중 스펙트럼 및 RGB 기능을 제공합니다. 고객은 이러한 센서를 해조류 종 연구 및 적조 발생 탐지를 위해 사용할 계획입니다. 납기는 2025년 2월로 예상됩니다.
AgEagle Aerial Systems (NYSE: UAVS) a obtenu sa plus grande commande de capteurs de l'histoire de l'entreprise, recevant un bon de commande pour 60 capteurs multispectraux RedEdge-P d'un revendeur à valeur ajoutée d'Asie de l'Est. Les capteurs, conformes à la NDAA, disposent de capacités multispectrales et RGB haute résolution avec des résolutions de sortie pan-sharpened de 2 cm à une hauteur de 60 m. Le client prévoit d'utiliser ces capteurs pour des recherches sur les espèces d'algues et la détection des proliférations d'eau rouge. La livraison est prévue en février 2025.
AgEagle Aerial Systems (NYSE: UAVS) hat die größte Sensorbestellung in der Unternehmensgeschichte gesichert und einen Auftrag über 60 RedEdge-P Multispektralsensoren von einem wertschöpfenden Wiederverkäufer aus Ostasien erhalten. Die Sensoren, die NDAA-konform sind, bieten hochauflösende multispektrale und RGB-Funktionen mit pan-sharpened Ausgangsauflösungen von 2 cm in 60 m Höhe. Der Kunde plant, diese Sensoren für Forschungsarbeiten zu Algenarten und zur Erkennung von Rotseen auszuwerten. Die Lieferung wird für Februar 2025 erwartet.
- Secured largest sensor order in company history
- Expanding presence in East Asian market through VAR partnership
- New revenue stream development in seaweed research sector
- None.
Insights
The 60-unit RedEdge-P sensor order represents a meaningful breakthrough for AgEagle in the precision agriculture and environmental monitoring sector. This deal is particularly noteworthy given that multispectral sensors typically sell for
The application for seaweed and red tide monitoring showcases the versatility of AgEagle's technology beyond traditional agricultural uses. The RedEdge-P's high-resolution capabilities (2cm at 60m altitude) and five spectral bands make it particularly suitable for detecting subtle variations in marine vegetation. The NDAA compliance is a important feature that opens doors for potential government contracts and sensitive applications.
For a micro-cap company like AgEagle, securing volume orders of this magnitude could signal a shift from one-off sales to more substantial, recurring revenue opportunities in the Asian market. However, investors should note that while this order is historic for the company, the February 2025 delivery timeline suggests revenue recognition will be delayed to next fiscal year.
This order represents a strategic entry into the East Asian marine monitoring market, where red tide detection is a critical environmental and economic concern. The seaweed monitoring application addresses a growing
The timing is particularly relevant as coastal nations increasingly invest in early warning systems for harmful algal blooms (red tides), which cause billions in economic damage annually to aquaculture and tourism industries. This kind of volume order could establish AgEagle as a key technology provider in this specialized but growing market segment, potentially leading to similar deployments in other Asian countries facing similar challenges.
Order represents the largest sensor sale in Company history
WICHITA, Kan., Dec. 19, 2024 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (NYSE: UAVS) (“AgEagle” or the “Company”), a leading provider of best-in-class unmanned aerial systems (UAS), sensors and software solutions for customers worldwide in the commercial and government verticals, announces it has received order for 60 RedEdge-P Multispectral Sensors from an East Asian value-added reseller (VAR).
AgEagle CEO Bill Irby commented, “This sale marks another significant milestone in 2024 as the Company continues to secure larger quantity orders, in this case, the largest sensor order in our history. We remain dedicated to enhancing our product offerings and driving new revenue streams as AgEagle maintains its course in positioning for long-term shareholder value creation.”
RedEdge-P Multispectral Sensors are NDAA compliant, high-resolution multispectral and RGB sensor featuring a high-resolution panchromatic band for pan-sharpened output resolutions of 2 cm / 0.8 in at 60 m / 200 ft. Its five narrow multispectral bands with scientific-grade filters make it the perfect camera for calculating multiple vegetation indices and composites.
The requisition of AgEagle’s RedEdge-P Multispectral Sensors is to fulfill the customer’s need for effective, high-quality sensors for research on seaweed species. The customer plans to use this equipment primarily to test for seaweed and red tide outbreak. AgEagle expects to deliver all sensors in February 2025.
About AgEagle Aerial Systems Inc.
Through its three centers of excellence, AgEagle is actively engaged in designing and delivering best-in-class flight hardware, sensors and software that solve important problems for its customers. Founded in 2010, AgEagle was originally formed to pioneer proprietary, professional-grade, fixed-winged drones and aerial imagery-based data collection and analytics solutions for the agriculture industry. Today, AgEagle is a leading provider of full stack UAS, sensors and software solutions for customers worldwide in the energy, construction, agriculture, and government verticals. For additional information, please visit our website at www.ageagle.com.
Forward-Looking Statements
Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “suggest,” “target,” “aim,” “should,” “will,” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on AgEagle’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict, including risks related to the timing and fulfilment of current and future purchase orders relating to AgEagle’s products, the success of new programs, the ability to implement a new strategic plan and the success of a new strategic plan. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of AgEagle in general, see the risk disclosures in the Annual Report on Form 10-K of AgEagle for the year ended December 31, 2023, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by AgEagle. All such forward-looking statements speak only as of the date they are made, and AgEagle undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise.
AgEagle Aerial Systems Contacts
Investor Relations:
Email: UAVS@ageagle.com
Media:
Email: media@ageagle.com
FAQ
How many RedEdge-P Multispectral Sensors did AgEagle (UAVS) secure in their latest order?
When will AgEagle (UAVS) deliver the RedEdge-P sensors for the East Asian order?
What is the primary application for the RedEdge-P sensors in the recent UAVS order?
What are the technical specifications of AgEagle's RedEdge-P Multispectral Sensors?
