WICHITA, Kan. and CHICAGO, Feb. 16, 2021 — AgEagle Aerial Systems Inc. (NYSE American: UAVS) (“AgEagle” or the “Company”), an industry leading drone systems and solutions provider, and Valqari, LLC, creator of the patented Smart Drone Delivery Station, today jointly announced that the companies have teamed to produce a turnkey, fully automated, on-demand drone delivery system for order and delivery of food and beverages to golfers while they are in active play on a golf course.
Earlier this week, AgEagle and Valqari demonstrated its innovative new drone delivery system to officials at the Sun City Country Club, the proud home of the 2015, 2016 and 2017 Arizona Women’s Open and the 2015, 2017 and 2019 Arizona Special Olympics State Golf Championship. The primary objective of the demo was to test and affirm the functionality of the system hardware and mechanical components of the drone delivery system in a real-world use case. A food and beverage order was placed via a Valqari Drone Delivery Station positioned just outside the clubhouse restaurant. The delivery drone was called to pick-up the order and fly it to another Drone Delivery Station located on the course. Once the drone released the package and departed, the Drone Delivery Station was activated, relocating the package from the top of the station to a lower compartment for the gofer to securely retrieve the order. To view a brief video on the demo, please go to https://ageagle.com/insights/#insights-vids.
Michael Drozd, CEO of AgEagle, stated, “Successfully demonstrating our drone delivery system at Sun City Country Club was the first crucial step in advancing our efforts to produce turnkey drone solutions capable of addressing real-world commercial applications on and off the golf course. This pilot project has also given AgEagle and Valqari the opportunity to leverage and combine our respective strengths, experience and technologies, serving to introduce a dynamic new dimension to our exciting business partnership.”
Ryan Walsh, Valqari Founder and CEO, added, “Sun City Country Club provided us with the ideal venue for conducting this initial pilot test. We greatly appreciate their enthusiasm for the prospect of enhancing the overall golfing experience for their patrons through drone-enabled on-demand delivery of food and refreshments to our secure Drone Delivery Stations. This demonstration of AgEagle and Valqari technologies shows just one of the many ways our joint system can be used to optimize fast and secure deliveries for industries ranging from hospitality to commercial deliveries and beyond.”
Sun City Country Club Manager Jamey Lewis, said, “We were very pleased to have Sun City serve as the site for the AgEagle and Valqari pilot demo. We were duly impressed with their game-changing approach to delivering drinks, food and snacks to golfers and can envision this system being integrated into our course, and perhaps courses worldwide, in the future. It really does take customer experience and convenience to an entirely new level.”
About AgEagle Aerial Systems Inc.
Founded in 2010, Wichita-based AgEagle is one of the nation’s leading commercial drone technology, services and solutions providers. We deliver the metrics, tools and strategies necessary to define and implement drone-enabled solutions that solve important problems for our valued customers. AgEagle’s growth strategies are centered on the delivery of advanced drone technologies, contract manufacturing services and agtech solutions. Our goal is to establish AgEagle as one of the dominant commercial drone design, engineering, manufacturing, assembly and testing companies in the United States and become the world’s trusted source for turnkey drone delivery services and solutions. In addition, we continue to leverage our reputation as one of the leading technology solutions providers to the Agriculture industry with best-in-class drones, along with data analytics for hemp and other commercial crops. Through our subsidiary, AgEagle Sensor Systems, Inc., d/b/a MicaSense, we remain at the forefront of multispectral sensor development, providing high quality drone-based cameras to the global market. For additional information, please visit www.ageagle.com and www.micasense.com.
About Valqari, LLC
Valqari, a Chicago-based start-up and recently named “Best Tech Startup in North America” for the 2020 Timmy Awards, has created the only drone delivery solution that has solved the “last inch” logistic problems with its patented Drone Delivery Station. It features communication technology that will allow for an entirely automated drone delivery. Valqari patents have been cited by 108 other patents and holds utility patents in 14 countries and territories including: the U.S., the U.K., Germany, China, Hong Kong, Macau, Australia, South Africa, and several other countries in the European Union. To learn more about Valqari visit valqari.com.
This press release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements involve risks and uncertainties that could negatively affect our business, operating results, financial condition and stock price. Factors that could cause actual results to differ materially from management’s current expectations include those risks and uncertainties relating to our competitive position, the industry environment, successful integration of acquisitions, potential growth opportunities, and the effects of regulation and events outside of our control, such as natural disasters, wars or health epidemics. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which any such statement is based, except as required by law.
AgEagle Aerial Systems Inc.Gateway Investor Relations Sean Mansouri or Cody CreePhone: 949-574-3860Email: UAVS@gatewayIR.com
Media Contact:Clarity PRMonica FeigPhone: 818-917-0770Email: firstname.lastname@example.org
Valqari, LLC3rd Coast PRMadeline ZenzPhone: 815-762-9228Email: Valqari@3rdCoastPR.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b9d7dbbf-36b7-44e3-a730-f6d218996b38
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