Unmanned Aerial Systems

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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]
ParaZero Strengthens Leadership with the Appointment of Senior UAV and Defense Executive as CEO
Globenewswire· 2025-07-14 11:54
Core Insights - ParaZero Technologies Ltd. has appointed Mr. Ariel Alon as the new Chief Executive Officer, effective immediately, to lead the company in the aerospace safety systems sector for unmanned aerial systems [1][7] Company Overview - ParaZero Technologies Ltd. is an aerospace defense company specializing in smart, autonomous solutions for both manned and unmanned aerial systems, founded in 2014 by aviation professionals and drone industry veterans [8] - The company is recognized for its advanced drone technologies, supporting commercial, industrial, and governmental operations globally [8] Product Portfolio - ParaZero's product offerings include: - SafeAir: An autonomous parachute recovery system for aerial safety and regulatory compliance [8] - DefendAir: A counter-UAS net-launching platform designed to protect against hostile drones in various environments [8] - DropAir: A precision aerial delivery system [8] Leadership Background - Mr. Alon has extensive experience in leading high-performing teams across various sectors, including unmanned aircraft systems, finance, high-tech, and defense [2] - Prior to joining ParaZero, Mr. Alon served as the Chief Sales Officer at Aerodrome Group and held significant roles at Voyager Labs and Atos [3][4][5] - His educational background includes a B.A. in business administration and an M.B.A. in finance and marketing from the Ruppin Academic Center in Israel [6] Acknowledgment of Previous Leadership - The company expressed gratitude to outgoing CEO Boaz Shetzer for his leadership and contributions during his tenure [7]
ParaZero Successfully Achieved 100% Effectiveness Against Fast-Incoming Drone Threats in Live Field Demonstration
Globenewswire· 2025-07-07 12:20
Core Insights - ParaZero Technologies Ltd. successfully demonstrated its DefendAir™ Personal Net Gun System to senior Israeli defense leadership, showcasing its capabilities in countering drone threats [1][2][4] - The demonstration achieved a 100% interception success rate against fast-approaching multirotor drones, highlighting the system's effectiveness in real-time scenarios [2][4] - The event underscored the increasing need for advanced defense strategies against drone incursions, particularly for non-transmitting drones that traditional methods cannot intercept [3] Company Overview - ParaZero Technologies is an aerospace company focused on safety systems for commercial unmanned aerial systems and counter UAS systems, founded in 2014 by aviation professionals and drone industry veterans [6] - The DefendAir system is designed for portability and rapid response, providing a non-lethal solution for intercepting rogue drones, particularly in sensitive environments like airports [5][6] - The company aims to enhance safety in drone operations over populated areas and beyond-visual-line-of-sight (BVLOS), as well as for military applications [6]
Ascent AeroSystems and AgEagle Announce Strategic Collaboration to Integrate the RedEdge-P™ Camera with Spirit UAV
Globenewswire· 2025-05-21 13:25
Core Insights - Ascent AeroSystems and AgEagle have signed a memorandum of understanding to integrate AgEagle's RedEdge-P multispectral camera with Ascent's Spirit UAV, enhancing agricultural UAS capabilities [1][2][3] - The collaboration aims to provide high-quality data and improve precision in the agricultural sector, showcasing the flexibility and future-proof nature of Ascent's UAV platforms [3][4] Company Overview - Ascent AeroSystems, founded in 2014, specializes in rugged, coaxial unmanned aerial vehicles for defense, public safety, and industrial markets, emphasizing portability and durability [4][5] - AgEagle, established in 2010, focuses on providing full-stack UAS, sensors, and software solutions across various sectors, including agriculture, energy, and construction [6]
AgEagle Aerial Systems Showcases eBee VISION and eBee TAC Capability to European Customers
Globenewswire· 2025-05-01 12:00
Core Insights - AgEagle Aerial Systems Inc. partnered with F9 Distribution Baltic to host Drone Days, showcasing the capabilities of eBee VISION and eBee TAC drones to decision makers in the Baltic states [1][2] - The event attracted over 150 key decision makers from defense, military, and public safety sectors, featuring live flight demonstrations that highlighted the drones' surveillance and mapping capabilities [2] Company Overview - AgEagle Aerial Systems Inc. is a leading provider of unmanned aerial systems (UAS) and sensors for military, public safety, and commercial use, originally founded to serve the agriculture industry [5] - The company has evolved to provide full stack UAS, sensors, and software solutions across various sectors including energy, construction, agriculture, and government [5] Product Performance - The eBee VISION and eBee TAC drones demonstrated exceptional reliability and adaptability during flight demonstrations, even in strong wind conditions reaching 43 km/h (26.7 mph) [3][6] - The eBee VISION showcased advanced capabilities such as rapid ascent and descent, operating at altitudes of 450 meters and Beyond Visual Line of Sight (BVLOS) up to 2.4 km [6]
ParaZero Announces Receipt of Nasdaq Minimum Bid Price Notification
Globenewswire· 2025-04-11 20:15
Core Points - ParaZero Technologies Ltd. has received a notice from Nasdaq indicating non-compliance with the minimum bid price requirement of $1.00 per share [1][2] - The company has a compliance period of 180 calendar days, until October 7, 2025, to regain compliance by maintaining a closing bid price of at least $1.00 for ten consecutive business days [2] - If compliance is not regained within the initial period, the company may be eligible for an additional 180-day compliance period under certain conditions [2] - The notice does not have an immediate effect on the company's Nasdaq listing or trading of its shares, which will continue to trade under the symbol "PRZO" during the grace period [3] Company Overview - ParaZero Technologies is an aerospace company focused on safety systems for commercial unmanned aerial systems and counter UAS systems [4] - The company was founded in 2014 by aviation professionals and drone industry veterans, specializing in smart, autonomous parachute safety systems [4]