WICHITA, Kan., May 17, 2021 — AgEagle™ Aerial Systems Inc. (NYSE American: UAVS) (“AgEagle” or the “Company”), an industry leading drone solutions provider, today reported its financial results for the three months ended March 31, 2021.
First Quarter 2021 Key Financial Highlights:
Key Operational Highlights:
J. Michael Drozd, AgEagle Chief Executive Officer, commented, “Our first quarter results are a direct reflection of the success AgEagle has begun realizing from its defined growth strategy centered on being an industry pioneer in The Drone Age™. Given the enormous size and scope of the enterprise market opportunity drones represent, it is incumbent upon innovative, trusted companies to find new ways to leverage advanced drone technology solutions and data intelligence to deliver one-stop-shopping for quality end-to-end drone solutions that solve important business challenges. Based on our progress thus far, AgEagle is clearly well on its way to becoming the preferred provider for these solutions.”
For more detailed information on AgEagle’s first quarter financial results, please view the related 10-Q filed with the SEC and available at www.sec.gov.
Corporate Update Conference Call and Webcast:
As a reminder, AgEagle’s leadership team will host a live conference call and webcast today, beginning at 4:30 PM Eastern Time. The corporate update will be broadcast live and available for replay here or via AgEagle’s website at https://ageagle.com/events/.
About AgEagle Aerial Systems Inc.Founded in 2010, AgEagle is one of the nation’s leading commercial drone technology providers. AgEagle’s mission is to empower The Drone Age™ by providing American-made, tailored and scalable drone solutions to the world. The Company is leveraging its reputation as one of the industry’s premium technology solutions and aerial data intelligence providers to deliver high performance, end-to-end drone solutions to the agriculture, commercial and industrial markets. AgEagle products are proudly manufactured and assembled in the United States. For additional information, please visit our websites at www.ageagle.com, www.measure.com and www.micasense.com.
Forward-Looking StatementsThis 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, 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 Contacts:
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