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AgEagle Aerial Systems Invited to the White House for Key Discussions on Commercial Unmanned Aerial Vehicles (UAVs) 

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AgEagle Aerial Systems (NYSE: UAVS) participated in strategic discussions at the White House regarding the future of commercial unmanned aerial vehicles (UAVs). The meeting brought together key UAV industry stakeholders and government officials from the National Security Council and National Economic Council to discuss supply chain security, manufacturing, and policies related to beyond visual line of sight operations (BVLOS) in U.S. airspace. CEO Bill Irby emphasized the company's commitment to innovation and collaboration between private sector and government in advancing drone technology.

AgEagle Aerial Systems (NYSE: UAVS) ha partecipato a discussioni strategiche presso la Casa Bianca riguardo al futuro dei veicoli aerei senza pilota commerciali (UAV). L'incontro ha riunito principali attori dell'industria UAV e funzionari governativi del Consiglio per la Sicurezza Nazionale e del Consiglio Economico Nazionale per discutere della sicurezza della catena di approvvigionamento, della produzione e delle politiche relative alle operazioni al di là della linea di vista (BVLOS) nello spazio aereo statunitense. Il CEO Bill Irby ha sottolineato l'impegno dell'azienda per l'innovazione e la collaborazione tra il settore privato e il governo per far progredire la tecnologia dei droni.

AgEagle Aerial Systems (NYSE: UAVS) participó en discusiones estratégicas en la Casa Blanca sobre el futuro de los vehículos aéreos no tripulados comerciales (UAV). La reunión reunió a actores clave de la industria UAV y funcionarios gubernamentales del Consejo de Seguridad Nacional y del Consejo Económico Nacional para discutir la seguridad de la cadena de suministro, la producción y las políticas relacionadas con las operaciones más allá de la línea de visión (BVLOS) en el espacio aéreo estadounidense. El CEO Bill Irby enfatizó el compromiso de la empresa con la innovación y la colaboración entre el sector privado y el gobierno en el avance de la tecnología de drones.

AgEagle Aerial Systems (NYSE: UAVS)는 상업용 무인 항공기(UAV)의 미래에 대해 백악관에서 전략적 논의에 참여했습니다. 이 회의에는 UAV 산업의 주요 이해관계자와 국가안전보장회의국가경제위원회의 정부 공식들이 모여 공급망 안전, 제조 및 미국 공역에서의 '시각 외 비행'(BVLOS) 작업과 관련된 정책에 대해 논의했습니다. CEO인 Bill Irby는 드론 기술 발전을 위한 민간 부문과 정부 간의 혁신과 협력에 대한 회사의 의지를 강조했습니다.

AgEagle Aerial Systems (NYSE: UAVS) a participé à des discussions stratégiques à la Maison Blanche concernant l'avenir des véhicules aériens sans pilote commerciaux (UAV). La réunion a rassemblé des acteurs clés de l'industrie des UAV et des responsables gouvernementaux du Conseil de sécurité nationale et du Conseil économique national pour discuter de la sécurité de la chaîne d'approvisionnement, de la fabrication et des politiques relatives aux opérations au-delà de la vue (BVLOS) dans l'espace aérien américain. Le PDG Bill Irby a souligné l'engagement de l'entreprise en faveur de l'innovation et de la collaboration entre le secteur privé et le gouvernement pour faire progresser la technologie des drones.

AgEagle Aerial Systems (NYSE: UAVS) nahm an strategischen Gesprächen im W weißen Haus über die Zukunft von kommerziellen unbemannten Luftfahrzeugen (UAVs) teil. Das Treffen brachte wichtige Akteure der UAV-Branche und Regierungsvertreter des Nationalen Sicherheitsrates und des Nationalen Wirtschaftsrats zusammen, um über die Sicherheit der Lieferkette, die Produktion und die politischen Rahmenbedingungen für Flüge außerhalb der Sichtlinie (BVLOS) im US-Luftraum zu diskutieren. CEO Bill Irby betonte das Engagement des Unternehmens für Innovation und Zusammenarbeit zwischen dem privaten Sektor und der Regierung zur Förderung der Drohnentechnologie.

Positive
  • White House recognition and invitation demonstrates company's industry leadership position
  • Direct engagement with high-level government officials indicates potential influence on future UAV policies
Negative
  • None.

Insights

The White House meeting signals potential regulatory shifts in the commercial drone sector but lacks immediate tangible outcomes. While the discussion of BVLOS operations could eventually expand market opportunities, this meeting represents preliminary dialogue rather than actionable policy changes. For a micro-cap company like AgEagle ($2.6M market cap), the White House invitation provides reputational benefits but minimal near-term business impact. The focus on supply chain security and domestic manufacturing could eventually benefit U.S.-based drone manufacturers, but without specific policy commitments or funding allocations, this remains speculative. The company's inclusion in high-level discussions indicates industry recognition but doesn't materially change its competitive position or financial outlook.

Key UAV stakeholders assembled with government officials to confer on U.S. drone technology matters 

WICHITA, Kan., Nov. 18, 2024 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (NYSE: UAVS) 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 the company recently attended the White House by invitation to engage in strategic discussions regarding the future of commercial unmanned aerial vehicles (UAVs).

The meeting assembled key stakeholders from the UAV industry along with government officials from the National Security Council and National Economic Council to explore a variety of issues including supply chain security, manufacturing, and policies related to beyond visual line of sight operations (BVLOS) in U.S. airspace.

AgEagle CEO Bill Irby commented, “We are honored to have been invited to the White House to discuss the transformative potential of the commercial UAV market. This invitation underscores our commitment to innovation and its contributions to the trajectory of drone technology in the United States. This dialogue is an important step toward fostering collaboration between the private sector and government, ensuring that we harness and scale the benefits of this technology in the most effective and responsible manner. We look forward to future opportunities to strengthen our support for safety and compliance measures as the use of UAVs to provide precise real-time intelligence continues to grow in both the government and commercial markets.”

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

Why was AgEagle Aerial Systems (UAVS) invited to the White House in November 2024?

AgEagle was invited to participate in strategic discussions about commercial UAVs, including topics such as supply chain security, manufacturing, and BVLOS operations policies with government officials from the National Security Council and National Economic Council.

What topics were discussed at the White House meeting with AgEagle (UAVS)?

The meeting covered supply chain security, manufacturing, and policies related to beyond visual line of sight operations (BVLOS) in U.S. airspace.

Which government agencies met with AgEagle (UAVS) at the White House?

Representatives from the National Security Council and National Economic Council met with AgEagle and other UAV industry stakeholders.

AgEagle Aerial Systems, Inc.

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