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AgEagle Aerial Systems, Inc. - UAVS STOCK NEWS

Welcome to our dedicated page for AgEagle Aerial Systems news (Ticker: UAVS), a resource for investors and traders seeking the latest updates and insights on AgEagle Aerial Systems stock.

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.

News

AgEagle Announces $3.4M Drone (UAV) Sale to French Army

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AgEagle Aerial Systems Inc. (NYSE American: UAVS) has secured its largest single purchase order to deliver drones and related equipment to the French Army, totaling $3.4 million in revenue for fiscal year 2024. This significant contract highlights the company's focus on defense growth and tailored systems for surveillance missions, solidifying its position as a leading provider in the unmanned vehicle market.

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AgEagle Aerial Systems eBee VISION Drones Impress at Global Government and Military Events

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AgEagle Aerial Systems showcases eBee VISION drones at global government and military events, highlighting collaborations with partners in various countries. Bill Irby promoted to CEO, emphasizing the company's commitment to revenue growth and shareholder value.
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AgEagle Announces Sale of 50 RedEdge-P Multispectral Sensors to the Greek Ministry of Agriculture in Connection with Tender Award to the Consortium of ALVO

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AgEagle Aerial Systems Inc. (UAVS) announces that its exclusive VAR in Greece, ALVO, has secured a tender from the Greek Ministry of Agriculture for 50 RedEdge-P multispectral cameras. The cameras will be integrated into UAVs for agricultural monitoring purposes, showcasing AgEagle's advanced technology and market expansion efforts.
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AgEagle Aerial Systems Announces Letter to Shareholders From Grant Begley

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AgEagle Aerial Systems Inc. (UAVS) announced Chairman Begley's letter to shareholders outlining the company's growth strategy. AgEagle has evolved from a local agriculture drone provider to a global leader in various market segments, offering cutting-edge drone technology and sensors. Recent achievements include expanding the leadership team, significant sales contracts with government entities, and recognition as a top AI company in agriculture. Despite trading as a micro cap, AgEagle is poised for growth with the launch of the eBee VISION drone and a reverse stock split to attract more investors.
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AgEagle Aerial Systems Appoints U.S. Army Major General (Retired) Malcolm Frost to Board of Directors

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AgEagle Aerial Systems Inc. (UAVS) appoints retired U.S. Army Major General Malcolm Frost to its Board of Directors. Major General Frost brings 31 years of leadership experience in the U.S. Army, with expertise in strategic communications, operations, and training. His extensive background in military defense industries is expected to enhance AgEagle's market presence and shareholder value.
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AgEagle Announces Sale of Altum-PT Multispectral Cameras to Department of Defense Customer through ADS, Inc.

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AgEagle Aerial Systems Inc. secures a contract with ADS, Inc. for the purchase of Altum-PT™ multispectral cameras for the Department of Defense. The innovative drone sensor will provide high-resolution imagery and aid in military terrain categorization.
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AgEagle Aerial Systems Appoints Seasoned Defense Industry Executive William Irby as President

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AgEagle Aerial Systems Inc. appoints William Irby as President, a seasoned leader in defense and unmanned systems, to drive sustainable growth. Irby's extensive experience in defense industry giants like Northrop Grumman and Steel Partners Holdings L.P. brings valuable expertise to AgEagle. His appointment signifies a strategic move to expand market presence and enhance shareholder value.
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AgEagle Aerial Systems Announces Effectiveness of Reverse Stock Split

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AgEagle Aerial Systems Inc. (UAVS) announced a 1-for-20 reverse stock split to increase per share price and maintain NYSE American listing. The split, effective on February 9, 2024, converted every 20 shares into 1 share without changing authorized shares. Shareholders will receive additional fractions of a share to round up to a full share.
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AgEagle Secures Major Contract for eBee X and eBee TAC Drones for Use by U.S. Department of Energy Laboratory

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AgEagle Aerial Systems Inc. (NYSE: UAVS) announces the procurement of a fleet of eBee X and eBee TAC drones by UT-Battelle, LLC, which manages and operates the Oak Ridge National Laboratory (ORNL) on behalf of the U.S. Department of Energy (DOE). These drones are chosen for operational excellence, NDAA compliance, FAA-approved Operations Over People, and Blue UAS accreditation. The eBee TAC is approved under the Blue UAS Cleared List program for U.S. government procurement, and the eBee X is the only FAA-approved drone for Operations Over People (OOP) without the need for a waiver in the United States. AgEagle’s eBee drones will support the United States Department of Energy in their national security and emergency response efforts.
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AgEagle Aerial Systems Attends UMEX 2024 Together with FEDS to Showcase eBee VISION and TAC Drones Representing Its First Introduction to the Middle East Market

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AgEagle Aerial Systems Inc. (UAVS) announced their attendance at UMEX 2024 Unmanned System Exhibition and Conference, where they showcased their high-performance unmanned aerial systems. The event marked the first sale of their eBee VISION drone in the Middle East, representing a significant milestone for the company's growth strategy. FEDS Drone-powered Solutions, AgEagle's partner and customer, collaborated with them to advance public safety and security through the integration of their drone solutions. The eBee VISION and eBee TAC drones offer HD live video insights and aerial data for professional intelligence, surveillance, and reconnaissance missions, as well as for law enforcement, firefighters, and emergency services teams. AgEagle will provide product training for FEDS in Dubai and the desert in Q1 2024.
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FAQ

What is the current stock price of AgEagle Aerial Systems (UAVS)?

The current stock price of AgEagle Aerial Systems (UAVS) is $2.43 as of January 31, 2025.

What is the market cap of AgEagle Aerial Systems (UAVS)?

The market cap of AgEagle Aerial Systems (UAVS) is approximately 11.8M.

What does AgEagle Aerial Systems, Inc. specialize in?

AgEagle specializes in the design, production, and distribution of advanced UAVs, sensors, and software for precision agriculture.

Where is AgEagle Aerial Systems, Inc. based?

AgEagle is based in Kansas, USA.

What are the primary segments of AgEagle's operations?

AgEagle operates in three segments: Drones, Sensors, and Software-as-a-Service (SaaS).

How does AgEagle's technology benefit farmers?

AgEagle's drones capture multi-spectral images that help farmers detect crop stress factors early, reducing costs and increasing yields.

How can I contact AgEagle for investor relations?

You can contact AgEagle's Investor Relations at UAVS@ageagle.com.

What is the significance of AgEagle being FAA 333 exempt?

Being FAA 333 exempt allows AgEagle to operate UAVs commercially, supporting advanced agricultural monitoring and management.

What sectors apart from agriculture is AgEagle expanding into?

AgEagle is exploring applications of its UAV technology in sectors beyond agriculture, though agriculture remains its primary focus.

What recent projects has AgEagle been involved in?

AgEagle continues to work on projects that enhance drone technology and expand its agricultural applications, though specific project details can be obtained through their media contacts.

What is the main source of revenue for AgEagle?

The main source of revenue for AgEagle is the commercial sale of drones and related products.

How do I stay updated on AgEagle's latest news?

You can stay updated by visiting the company's website or contacting their media relations at media@ageagle.com.
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AgEagle Aerial Systems, Inc.

NYSE:UAVS

UAVS Rankings

#5596 Ranked by Market Cap
N/A Ranked by Dividends

UAVS Stock Data

11.75M
4.32M
100.45%
2.7%
31.82%
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