Core Insights - The company AgEagle Aerial Systems Inc. has signed a Master Distributor Agreement with Falcon UAV to enhance the sales and support of EagleNXT senseFly drones in the Asia-Pacific region [1][2][4] Group 1: Agreement Details - Falcon UAV is appointed as a non-exclusive Master Distributor for the complete range of EagleNXT senseFly drones in the APAC region, overseeing distribution, channel partners, and customer engagement [2] - The agreement aims to accelerate the adoption of EagleNXT's fixed-wing solutions across various sectors including surveying, agriculture, mining, construction, and ISR applications [4][5] Group 2: Market Potential - The APAC drone market is projected to grow from approximately USD 12.88 billion in 2025 to USD 26.1 billion by 2030, with a CAGR of 15.17% [4] - The commercial segment of the drone market is expected to nearly double from around USD 10-12 billion in 2025 to over USD 20 billion by 2030, driven by a 13.3% CAGR [4] Group 3: Strategic Support - EagleNXT will provide Falcon UAV with marketing funds, co-exhibition opportunities, product demonstration units, and technical resources to facilitate market expansion [3] - The partnership will also focus on identifying and recommending new distributors, providing sales support, technical guidance, and operator training for senseFly products [6] Group 4: Industry Applications - The partnership targets key industries in APAC such as agriculture, mining, surveying, construction, and emerging defense applications, leveraging the advantages of fixed-wing drones for large-area coverage and high precision mapping [5][7]
EagleNXT Appoints Falcon UAV as Master Distributor for Asia Pacific Region