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AgEagle Aerial Systems Receives Notice from NYSE American
Globenewswire· 2025-07-14 20:28
Core Viewpoint - AgEagle Aerial Systems Inc. has received a notice from NYSE American regarding its non-compliance with listing rules, but it has submitted a plan to regain compliance by October 23, 2026 [1][2][3] Group 1: Compliance and Listing Status - The company received a notice on July 8, 2025, indicating acceptance of its compliance plan submitted on May 21, 2025 [1] - The company's shares will continue to be listed on NYSE American under the symbol "UAVS" with an added designation of ".BC" for "below compliance" [2] - The company had a stockholders' deficit of $5.7 million as of December 31, 2024, and has reported losses in the last five fiscal years [3] Group 2: Actions and Future Plans - The company is actively working to regain compliance with the NYSE American listing rules within the designated plan period [4] - There is no assurance that the company will successfully regain compliance or that any potential delisting appeal would be successful [4] Group 3: Company Overview - AgEagle Aerial Systems Inc. specializes in unmanned aerial systems, sensors, and software solutions for various sectors including energy, construction, agriculture, and government [6]
AgEagle Aerial Systems MicaSense RedEdge-P Dual Sensors Support Environmental Research in Japan
Globenewswire· 2025-07-10 12:00
Core Insights - AgEagle Aerial Systems Inc. has sold a RedEdge-P Dual camera to Shizuoka University for research on the impact of environmental factors on Japan's Alpine forests [1][2] - The MicaSense RedEdge-P Dual camera enhances ground observations by allowing researchers to scan large forest areas and identify tree species with unique defense mechanisms [2][3] - The integration of UAVs and the RedEdge-P Dual camera provides a time-saving tool for forestry researchers, aiding in the understanding of forest ecosystems under environmental stress [3] Company Overview - AgEagle Aerial Systems Inc. specializes in advanced drone and aerial imaging solutions, originally focusing on the agriculture industry and now serving multiple sectors including energy, construction, and government [5] - The company has developed a full stack of UAS, sensors, and software solutions, emphasizing the importance of monitoring and preserving forest ecosystems [5] Product Application - The RedEdge-P Dual camera is utilized in various biomes, including Tundra, Alpine, Temperate forests, Coastal ecosystems, and Agricultural landscapes, to assess environmental changes and support biodiversity [6]
AgEagle Aerial Systems Partners with Israeli firm to Advance AI-Powered Autonomous Drone Teaming
Globenewswire· 2025-07-07 12:30
Core Insights - AgEagle Aerial Systems Inc. is set to demonstrate AI-enabled autonomous Unmanned Aircraft System (UAS) teaming through a partnership with an Israeli defense/technology firm, aimed at enhancing border security and surveillance operations [1][3][5] - The integration of AgEagle's eBee VISION drones with AI-powered mission planning tools will allow for coordinated operations with minimal human intervention, improving the effectiveness of Intelligence, Surveillance, and Reconnaissance (ISR) missions [2][4] Company Overview - AgEagle Aerial Systems Inc. specializes in advanced drone and aerial imaging solutions, originally founded in 2010 to serve the agriculture industry, and has since expanded to provide UAS solutions across various sectors including energy, construction, and government [6] Strategic Partnership - The collaboration with the unnamed Israeli partner focuses on developing autonomous technologies that enhance drone performance, aiming to address evolving global security threats [3][5] - The upcoming demonstration will validate the system's ability to autonomously detect and report unauthorized incursions in a simulated border-crossing scenario, showcasing the adaptability of the drones to real-world challenges [3][4] Technological Advancements - The AI integration will utilize adaptive algorithms and decentralized decision-making, allowing the drones to operate as a cohesive unit that can dynamically adjust to mission conditions in real time [2][4] - The initiative is part of AgEagle's broader strategy to deliver intelligent, mission-ready unmanned solutions that improve situational awareness and increase mission success rates in high-threat environments [5]
AgEagle Aerial Systems Announces 100th Drone Sale to South Korea as International Footprint Continues to Expand
Globenewswire· 2025-06-25 12:10
Core Insights - AgEagle Aerial Systems Inc. has sold two additional eBee X drones to South Korea, increasing the total number of eBee drones in the country to over 100 units, which enhances AgEagle's strategic partnership and market position in the Asia-Pacific region [1][3] - The eBee X drone is designed for high-precision geospatial data collection, making it suitable for various applications such as surveying, mapping, and photogrammetry, thereby reinforcing AgEagle's reputation as a leading provider of unmanned aerial systems [2][3] - The Asia-Pacific consumer drone market is projected to grow at a 15% CAGR through 2030, reaching a value of $4.1 billion, positioning AgEagle to capitalize on this increasing demand for innovative drone solutions [3] Company Overview - AgEagle Aerial Systems Inc. specializes in designing and delivering advanced flight hardware, sensors, and software solutions, originally focusing on the agriculture sector but now serving multiple industries including energy, construction, and government [5] - The eBee X unmanned systems fleet supports diverse use cases such as precision agriculture, urban planning, disaster response, and emerging defense applications, showcasing the versatility of AgEagle's technology [7] Market Position - The sale of the 100th eBee drone in South Korea is a significant growth milestone for AgEagle, reflecting the increasing global demand for its aerial solutions and the company's commitment to scaling operations and enhancing customer relationships [3][4] - AgEagle's ongoing expansion in South Korea aligns with the projected growth of the consumer drone market in the Asia-Pacific region, indicating a strategic move to meet regional demand [3]
AgEagle Aerial Systems Announces JEPICO Corporation's Purchase of RedEdge-P Sensor to Combat Red Tide Pollution in Japan
Globenewswire· 2025-06-23 13:20
Core Insights - AgEagle Aerial Systems Inc. has partnered with JEPICO Corporation to utilize the RedEdge-P multispectral sensor for monitoring and controlling harmful algal blooms in Japan's coastal ecosystems [1][2][3] Company Overview - AgEagle Aerial Systems Inc. is a leading provider of unmanned aerial systems (UAS) and sensors, originally focused on agriculture but now serving various sectors including energy, construction, and government [4] - The company was founded in 2010 and has developed a reputation for delivering innovative flight hardware, sensors, and software solutions [4] Industry Context - Red tides, caused by excessive growth of cyanobacteria and dinoflagellates, threaten marine life, fisheries, and coastal economies in Japan [2] - The RedEdge-P sensor is designed to provide high-resolution multispectral imaging, enabling precise monitoring of water quality and algal blooms [2][3] Technological Impact - The RedEdge-P sensor will allow real-time monitoring of red tide indicators, supporting predictive modeling and informed decision-making for coastal management [3] - This technology aims to enhance early detection and proactive mitigation strategies to protect Japan's coastal waters and aquaculture industry [2][3]
AgEagle Switzerland Facility Recommended for Prestigious ISO 9001 Certification
Globenewswire· 2025-06-16 12:00
Core Insights - AgEagle Aerial Systems Inc. has been recommended for ISO 9001 certification for its Switzerland facility, highlighting its commitment to quality and innovation [1][2][6] - The certification enhances AgEagle's ability to serve existing customers, expand into new markets, and compete for government tenders [2][3][6] Company Overview - AgEagle Aerial Systems, founded in 2010, specializes in advanced drone technologies and aerial imaging solutions, initially focusing on the agriculture sector [4] - The company now provides full-stack UAS, sensors, and software solutions across various industries, including energy, construction, and government [4] Certification Impact - ISO 9001 certification is recognized globally and is essential for bidding on government contracts in sectors like defense and aerospace [2][3] - The certification validates AgEagle's quality processes and positions the company favorably in public sector markets [3][6] Operational Excellence - The Switzerland facility meets high industry standards for producing reliable drone systems, ensuring precision and performance for global customers [6] - The certification process reflects AgEagle's dedication to operational excellence and safety, supporting sustainable innovations [6]
AgEagle Aerial Systems Invited for Follow-Up White House Engagement to Discuss Critical FAA Rulemaking for Beyond Visual Line of Sight (BVLOS) Drone Operations
Globenewswire· 2025-06-10 12:00
Core Insights - AgEagle Aerial Systems Inc. participated in a second high-level policy discussion with the White House regarding the proposed FAA Rule Part 108, which aims to establish a regulatory framework for Beyond Visual Line of Sight (BVLOS) drone operations in the U.S. [1][2] - The CEO of AgEagle emphasized the importance of this rulemaking in accelerating innovation, improving safety, and enhancing the U.S. position in global drone technology [2][3] - The meeting included representatives from 18 leading drone technology companies, focusing on the transition from a waiver-based system to a more predictable and scalable regulatory environment [3] Industry Impact - The finalization of FAA Rule Part 108 is expected to facilitate widespread commercial drone adoption across various sectors, including agriculture, energy, construction, emergency response, and government services [3] - The regulatory clarity provided by Part 108 is anticipated to attract increased capital investment into the drone sector [6] - The establishment of a uniquely American model for drone automation and data services is expected to strengthen domestic capabilities and competitiveness [6] Company Overview - AgEagle, founded in 2010, specializes in unmanned aerial systems (UAS), sensors, and software solutions for commercial and government applications [4] - The company operates through three Centers of Excellence, focusing on delivering advanced flight hardware and data collection solutions [4]
AgEagle Aerial Systems Provides Technology to Enhance European Security
Globenewswire· 2025-06-05 12:00
Core Insights - The Government of Sweden has placed orders for multiple eBee TAC Public Safety units from AgEagle Aerial Systems Inc., enhancing its defense capabilities through advanced drone technology [2][4] - The eBee TAC is designed for tactical mapping and situational awareness, providing critical support for public safety and defense operations [3][4] Company Overview - AgEagle Aerial Systems Inc. is a leading provider of drone and aerial imaging solutions, originally founded in 2010 to serve the agriculture industry, and has since expanded into various sectors including energy, construction, and government [6] - The company operates through three Centers of Excellence, focusing on delivering advanced flight hardware, sensors, and software solutions [6] Product Features - The eBee TAC Public Safety drone can be deployed in just 3 minutes by a single operator and weighs 1.6 kg (3.5 lbs), making it highly portable for rapid response in diverse terrains [8] - It utilizes RTK/PPK technology to achieve high-accuracy mapping with 1.5 cm (0.6 in) precision, which is essential for applications such as search and rescue and firefighting [8] - The drone is equipped with AES-256 encryption and complies with European C2 standards, ensuring secure data handling and safe operations in populated areas [8]
AgEagle Aerial Systems Secures International Sale of eBee VISION Drones to Paraguayan Government
GlobeNewswire News Room· 2025-06-04 12:00
Core Insights - AgEagle Aerial Systems Inc. has sold two eBee VISION drones to the Government of Paraguay, marking a significant expansion of its presence in Latin America and enhancing its role in global government UAS deployments [1][2][3] Company Overview - AgEagle Aerial Systems Inc. is a leading provider of advanced drone and aerial imaging solutions, originally founded in 2010 to develop professional-grade fixed-wing drones for the agriculture industry [5] - The company now offers a full stack of UAS, sensors, and software solutions across various sectors, including energy, construction, agriculture, and government [5] Product Features - The eBee VISION drone is recognized for its lightweight design, high-resolution imaging, and advanced navigation capabilities, making it suitable for complex and demanding environments [2][3] - It enables detailed data collection and consistent performance across diverse conditions, which is essential for government applications requiring precision and dependability [3] Market Expansion - The sale to Paraguay reflects the growing interest in unmanned aerial systems in the Latin American market, indicating a rising demand for UAS solutions in the region [3] - AgEagle's CEO emphasized the company's commitment to expanding into high-demand international markets and enhancing operational efficiency for military, law enforcement, and civilian authorities [2]
AgEagle Enters Strategic Alliance with Vyom Drones to Serve India’s Agricultural Future
Globenewswire· 2025-05-22 12:00
Core Insights - AgEagle Aerial Systems Inc. has formed a strategic alliance with Vyom Drones to enhance agricultural and surveying capabilities in India [1][2][3] - The partnership aims to license Vyom Drones to manufacture and sell AgEagle's eBee X drones, along with providing service and maintenance training [2][3] - India, with over 345 million acres of arable land, presents a significant opportunity for AgEagle to deploy advanced drone technology for precision agriculture [3][5] Company Overview - AgEagle Aerial Systems is a leading provider of unmanned aerial systems (UAS) and sensors, focusing on military, public safety, and commercial applications [1][6] - Founded in 2010, AgEagle specializes in professional-grade fixed-wing drones and aerial data collection solutions, serving various sectors including energy, construction, and agriculture [6] Industry Context - The Indian agriculture drone market is projected to reach USD 631 million by 2030, driven by government support and increasing demand for precision farming [5] - The collaboration between AgEagle and Vyom Drones is positioned to leverage AgEagle's UAS technology and Vyom's local manufacturing capabilities to capitalize on this market growth [5]