Shares of AgEagle Aerial Systems, Inc. (UAVS) have declined 10.3% since reporting third-quarter 2024 earnings. This compares unfavorably with the S&P 500 index’s 1.2% rise over the same period. However, AgEagle Aerialshares have gained 55.1% over the past month versus the S&P 500’s 3.1% growth.Financial Performance OverviewFor the third quarter of 2024, AgEagle Aerial reported a net loss per common share of $16.03, narrower than a net loss of $72.64 in the same quarter of 2023.AgEagleAerial’s revenues for t ...

WICHITA, Kan., Nov. 21, 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 appointment of L.B. Day to the Company’s Board of Directors effective November 17, 2024. AgEagle CEO Bill Irby commented, “We are thrilled to announce the appointment of L.B. Day to our Board of Directors. His unparalleled expertise in strate ...

WICHITA, Kan., Nov. 21, 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 appointment of Adrienne Anderson as Interim Chief Financial Officer effective November 14, 2024. AgEagle CEO Bill Irby commented, “Adrienne possesses an impressive track record of financial stewardship and strategic vision, bringing a wealth ...

Company Overview - AgEagle Aerial Systems Inc. is a leading provider of unmanned aerial systems (UAS), sensors, and software solutions for commercial and government sectors worldwide [3] - Founded in 2010, AgEagle initially focused on professional-grade fixed-wing drones and aerial imagery for the agriculture industry, and has since expanded into energy, construction, and government verticals [3] Leadership Appointment - Brent Klavon has been appointed to AgEagle's board of directors effective November 8, 2024, bringing over 30 years of aviation and strategic leadership experience [1][2] - Klavon is a retired U.S. Navy pilot with over 3,000 flight hours and played a key role in launching the Navy's MQ-4C Triton program [2] - His expertise includes aviation regulations, technology advancements, and market dynamics, which will aid AgEagle in navigating challenges and seizing growth opportunities [2] Strategic Vision - The CEO of AgEagle, Bill Irby, expressed confidence that Klavon's leadership will be crucial in shaping the company's strategic vision and enhancing long-term shareholder value [2]

WICHITA, Kan., Nov. 13, 2024 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (the “Company”) (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, announced today that the Company received a notice from the NYSE American LLC (“NYSE American”) on November 6, 2024, advised that the Company had regained compliance with its continued listing standard set forth in Section 801(h) and Secti ...

WICHITA, Kan., Nov. 04, 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 that on October 30, 2024, the Company received written notice (the “Notice”) from the NYSE American LLC (the “NYSE American”) stating that it is not in compliance with the continued listing standards set forth in (i) Section 801(h) of the NYSE Am ...

WICHITA, Kan., Oct. 30, 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 appointment of Kevin Lowdermilk to the Company's board of directors effective October 25, 2024. Company CEO, Bill Irby, commented, "It is a privilege to have Kevin join our board. His distinguished career and leadership in some of the most ch ...

Annual event featured UAS industry leaders determined through rigorous selection process WICHITA, Kan., Oct. 03, 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 was selected to participate in the REPMUS 2024 Exercise co-hosted by NATO. Exercises and demonstrations took place September 9 -27, 2024 in Troia ...

Core Viewpoint - AgEagle Aerial Systems Inc. has successfully closed a public offering, raising approximately $6.5 million in gross proceeds, which will be utilized for debt repayment and general corporate purposes [1][3]. Offering Details - The public offering consisted of 26,899,996 Units, each comprising one share of common stock or one Pre-Funded Warrant, along with Series A and Series B Warrants [2]. - The public offering price per Unit was set at $0.24, with a slightly lower price of $0.239 for Units including a Pre-Funded Warrant [2]. - The Pre-Funded Warrants are immediately exercisable, while Series A and Series B Warrants have initial exercise prices of $0.24 and $0.50 per share, respectively, and both series expire five years from the closing date [2]. Use of Proceeds - The proceeds from the offering are intended for the repayment of an outstanding note, with the remainder allocated for general corporate and working capital needs [3]. Regulatory Information - The securities were offered under a registration statement on Form S-1, which became effective on September 30, 2024 [4]. Company Overview - AgEagle Aerial Systems Inc. specializes in providing full stack flight hardware, sensors, and software solutions for various sectors, including energy, construction, agriculture, and government [6]. - Founded in 2010, the company initially focused on professional-grade drones and aerial data collection for the agriculture industry [6].

Wichita, Kan., Sept. 30, 2024 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (NYSE American: UAVS) ("AgEagle" or the "Company"), an industry-leading provider of full stack flight hardware, sensors and software for commercial and government use, today announced the pricing of a public offering with gross proceeds to the Company expected to be approximately $6.5 Million, before deducting placement agent fees and other estimated offering expenses payable by the Company. The offering consists of 26,900,000 Uni ...