Core Insights - AgEagle Aerial Systems Inc. (EagleNXT) has entered into a Securities Purchase Agreement to issue up to 100,000 shares of Series G Convertible Preferred Stock, with an initial sale of 12,000 shares at a conversion price of $1.23 per share [1] - The agreement allows for the potential purchase of an additional 88,000 shares, contingent upon stockholder approval for transactions exceeding 19.99% of the outstanding Common Stock [1] Company Overview - EagleNXT is a prominent developer of high-performance drones, advanced sensors, and intelligent software solutions, providing aerial intelligence globally [2] - The company has conducted over one million flights and is recognized in various sectors including defense, public safety, agriculture, and environmental monitoring [2] - EagleNXT's drone systems have achieved significant industry milestones, including FAA approvals for Operations Over People and Beyond Visual Line of Sight, as well as EASA C2 certification in Europe [2] - The company's sensors are integrated into more than 150 drone models and are referenced in over 100 research publications, highlighting its leadership in precision agriculture and environmental sustainability [2]

Core Insights - EagleNXT has appointed UAVSICS as the official distributor of its drones in Chile, enhancing its market presence in Latin America [1][5] - The partnership aims to leverage UAVSICS's expertise in sectors like mining, agriculture, defense, and public safety to provide tailored UAV solutions [2][4] - The drone market in Chile is projected to grow significantly, from approximately USD 40-70 billion in 2025 to up to USD 260 billion by 2030, driven by technological advancements and regulatory improvements [5] Company Overview - EagleNXT is recognized for its advanced drone and aerial imaging solutions, with over one million flights conducted globally [7] - The company has achieved multiple industry milestones, including FAA approvals for Operations Over People and Beyond Visual Line of Sight, as well as EASA C2 certification in Europe [7] - EagleNXT's drone systems are utilized across various sectors, including defense, public safety, agriculture, and environmental monitoring [7] Partnership Details - UAVSICS, based in Santiago, Chile, has over a decade of experience in delivering UAV solutions and is well-positioned to meet the needs of local industries [2][4] - The partnership will provide eBee users in Chile with certified technical support and enhanced assistance services, improving operational efficiency [3] - UAVSICS specializes in professional drone solutions for geospatial mapping and industry-specific applications, focusing on fixed-wing drones for high-precision data capture [4]