Unmanned Aerial Systems (UAS) manufacturer cooperating with leading drone manufacturer to meet Indian agriculture and surveying needs
WICHITA, Kan., May 22, 2025 (GLOBE NEWSWIRE) — AgEagle Aerial Systems Inc. (NYSE: UAVS), a leading provider of best-in-class unmanned aerial systems (UAS) and sensors for military, public safety, and commercial use, is entering into a strategic alliance with Vyom Drones of India.
Under this strategic alliance, AgEagle Aerial Systems intends to license Vyom Drones to manufacture and sell AgEagle eBee X drones to customers in India. AgEagle will also provide service and maintenance training to Vyom as part of the agreement.
“Working with Vyom Drones through this agreement helps unlock the potential of India’s immense agricultural, civil, and commercial sectors in one of the world’s largest and most dynamic markets,” said Bill Irby, AgEagle CEO. “With more than 345 million acres of arable land and a rapidly growing demand for precision agriculture, India represents a critical opportunity for AgEagle to deploy our advanced eBee drones and multispectral sensors, empowering farmers with a surveying capability that provides real-time, actionable insights. This collaboration aligns with our mission to deliver innovative, high-value UAS solutions that enhance productivity and sustainability, while supporting India’s vision to become a global drone hub by 2030. Together with Vyom Drones, we aim to transform Indian agriculture by driving efficiency, reducing costs, and fostering sustainable growth and sound water management for farmers across the nation.”
Bill Irby is pictured with Mr. Santosh Sharma, CEO of Vyom Drones
Vyom Drones is an Indian drone company based in Gwalior, Madhya Pradesh, focused on delivering advanced drone solutions across various industries, including agriculture, construction, surveying, and infrastructure inspection. Vyom is a proven and influential force in India’s rapidly growing drone ecosystem and has positioned itself as a provider of high-quality drones and accessories tailored to multiple applications.
AgEagle drones will play a vital role in India’s agriculture sector due to their advanced surveying capabilities, which enable precise crop monitoring, soil analysis, water management, pest detection, and yield estimation
“India’s agriculture drone market is projected to reach USD $631m by 2030, driven by government support and increasing demand for a surveying capability which informs precision farming and resource management. This alliance positions AgEagle and Vyom Drones to capitalize on this growth by combining AgEagle’s proven UAS technology, proven around the globe since 2010, with Vyom Drones’ local manufacturing capabilities and market insights,” said Irby.
About AgEagle Aerial Systems Inc.
Through its three Centers of Excellence, AgEagle is actively engaged in designing and delivering best-in-class flight hardware, sensors and software that solve important problems for its customers. Founded in 2010, AgEagle was originally formed to pioneer proprietary, professional-grade, fixed-winged drones and aerial imagery-based data collection and analytics solutions for the agriculture industry. Today, AgEagle is a leading provider of full stack UAS, sensors and software solutions for customers worldwide in the energy, construction, agriculture, and government verticals. For additional information, please visit our website at www.ageagle.com.
Forward-Looking Statements
Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “suggest,” “target,” “aim,” “should,” “will,” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on AgEagle’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict, including risks related to the success of the strategic alliance, the timing and fulfilment of current and future purchase orders relating to AgEagle’s products, the success of new programs and software updates, the ability to implement a new strategic plan and the success of a new strategic plan. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of AgEagle in general, see the risk disclosures in the Annual Report on Form 10-K of AgEagle for the year ended December 31, 2024, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by AgEagle. All such forward-looking statements speak only as of the date they are made, and AgEagle undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise.Media ContactAndy Woodward+1 (469) 451-2344Andy.woodward@ageagle.com
Investor Relations:Email: UAVS@ageagle.com
Ascent – AgEagle collaboration pairs best-in-class multispectral sensor with rugged, all-weather UAV hardware to advance UAS capabilities in agricultural markets
WILMINGTON, Mass., May 21, 2025 (GLOBE NEWSWIRE) — Today, at AUVSI XPONENTIAL 2025, the premier event for autonomy and uncrewed systems, Ascent AeroSystems, a global leader in the design and manufacture of rugged, compact, high-performance unmanned aerial systems, announces a memorandum of understanding (MOU) with AgEagle (NYSE: UAVS), a leading provider of best-in-class unmanned aerial systems (UAS) and sensors for military, public safety, and commercial use, to integrate the AgEagle RedEdge-P multispectral camera with its high-performance Spirit coaxial unmanned aerial vehicle (UAV).
The RedEdge-P multispectral camera will be the first multispectral solution integrated with Ascent’s high-performance, all-weather coaxial UAV platforms.
AgEagle CEO Bill Irby commented, “Providing high quality, insightful, actionable data through our technology is at the core of what we do, and it’s why we are collaborating with Ascent AeroSystems. Combining our advanced camera sensor technology with the Spirit platform is a natural fit. Working with manufacturers like Ascent enables us to deliver a new dimension of precision and capability to the agriculture sector.”
Under this MOU, the Ascent-AgEagle collaboration will further showcase the payload flexibility and future-proof nature of Ascent’s UAV platforms, while also demonstrating AgEagle’s ability to work with OEMs on modularity, compatibility, and custom interfaces, to solve mission-critical integration challenges in the agricultural UAV sector.
“The agricultural drone market is expanding, rapidly, and the need for reliable, high-performance, scalable UAS platforms is critical,” said Peter Fuchs, President of Ascent AeroSystems. “By pairing the rugged, reliable, all-weather design of the Spirit with the precision and efficiency of AgEagle’s industry-leading RedEdge-P camera, we are paving the way for further innovation and future growth within the agricultural sector.”
About Ascent AeroSystems
Founded in 2014, Massachusetts-based Ascent AeroSystems designs and manufactures rugged, coaxial unmanned aerial vehicles for defense, public safety, and industrial markets. Ascent’s compact, all-weather, aircraft-grade vehicles feature a unique cylindrical configuration that’s more portable, more durable, and offers greater dispatch reliability than conventional multirotors, ideally suited for mission-critical operations in the toughest environments.
Acquired in 2024 by Torrance, CA-based Robinson Helicopter Company (RHC), a premier aerospace OEM with 50 years of manufacturing experience, Ascent operates as a wholly owned RHC subsidiary. For more information, visit ascentaerosystems.com.
About AgEagle
Through its three Centers of Excellence, AgEagle is actively engaged in designing and delivering best-in-class flight hardware, sensors and software that solve important problems for its customers. Founded in 2010, AgEagle was originally formed to pioneer proprietary, professional-grade, fixed-winged drones and aerial imagery-based data collection and analytics solutions for the agriculture industry. Today, AgEagle is a leading provider of full stack UAS, sensors and software solutions for customers worldwide in energy, construction, agriculture, and government verticals. For additional information, please visit our website at www.ageagle.com.
Media ContactsAmy Romano Amy.Romano@ascentaerosystems.com+1 617.845.3185
Andy Woodward+1 469.451.2344Andy.woodward@ageagle.com
Improved financial performance highlighted by strong gross margin improvement and significant reduction in operating expenses
WICHITA, Kan., May 16, 2025 (GLOBE NEWSWIRE) — AgEagle Aerial Systems Inc. (NYSE: UAVS), a leading provider of best-in-class unmanned aerial systems (UAS) and sensors for military, public safety, and commercial use, announces its financial results for the first quarter ended March 31, 2025, highlighted by gross margin improvement and significant reduction in operating expenses.
Financial Highlights for the Quarter Ended March 31, 2025
AgEagle CEO Bill Irby commented, “In the first quarter of 2025 we delivered a significantly improved financial performance marked by strong gross margin improvement and a meaningful reduction in operating expenses. This pivotal milestone is a clear validation of the strategic decisions we have made to streamline operations, sharpen our commercial focus, and prioritize higher-margin product lines. With a strengthened balance sheet, improved cash position, and reduced cash burn, AgEagle is now operating from a healthier and more resilient financial foundation.
“Looking ahead, we will continue to execute a focused strategy centered on relentless innovation and market expansion, further positioning AgEagle for disciplined growth and long-term shareholder value creation,” concluded Mr. Irby.
For additional information, please review the full quarterly report on www.ageagle.com or visit the SEC’s EDGAR database.
Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “suggest,” “target,” “aim,” “should,” “will,” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on AgEagle’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict, including risks related to future financial and operating results, the timing and fulfilment of current and future purchase orders relating to AgEagle’s products, the success of new programs and software updates, the ability to implement a new strategic plan and the success of a new strategic plan. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of AgEagle in general, see the risk disclosures in the Annual Report on Form 10-K of AgEagle for the year ended December 31, 2024, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by AgEagle. All such forward-looking statements speak only as of the date they are made, and AgEagle undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise.Media ContactAndy Woodward+1 (469) 451-2344Andy.woodward@ageagle.comLinkedIn Facebook X YouTube
Investor RelationsEmail: UAVS@ageagle.com
Wingtra Vertical Take-Off and Landing (VTOL) drones acquire additional AgEagle RedEdge-P™ cameras for precision agriculture and geospatial applications
WICHITA, Kan., May 14, 2025 (GLOBE NEWSWIRE) — AgEagle Aerial Systems Inc. (NYSE: UAVS), a leading provider of advanced drone and aerial imaging solutions, announces the sale of 20 high-performance RedEdge-P cameras to Wingtra, a global leader in vertical take-off and landing (VTOL) drone surveying technology.
This transaction strengthens the partnership between AgEagle and Wingtra, combining AgEagle’s advanced camera technology with Wingtra’s innovative drone platforms to deliver unparalleled aerial mapping and surveying solutions. The cameras are designed for precision agriculture and environmental monitoring, water management, and geospatial applications, and support Wingtra’s ability to provide high-quality data collection for its customers worldwide.
AgEagle CEO Bill Irby commented, “We continue to build on our longstanding relationship with Wingtra with this latest transaction, supplying our advanced RedEdge-P cameras. The RedEdge-P is designed and built to support professional drone operations by providing survey-grade accuracy with resolutions down to 2cm. Further, this sale reinforces our commitment to equipping industry leaders like Wingtra with reliable, high-performance imaging solutions that drive efficiency, innovation, and actionable data for a diverse group of end users. By deepening our partnerships and consistently delivering differentiated technology, we are laying the foundation for sustainable growth and long-term value creation for our shareholders.”
The AgEagle RedEdge-P is a high-resolution multispectral camera designed for use on drones in support of many different industries and applications. RedEdge-P uses advanced optics and industry-leading industrial image sensors.
Wingtra drones utilize AgEagle’s cameras to further expand their usage in industries such as agriculture, construction, forestry, and environmental management.
Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “suggest,” “target,” “aim,” “should,” “will,” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on AgEagle’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict, including risks related to the timing and fulfilment of current and future purchase orders relating to AgEagle’s products, the success of new programs and software updates, the ability to implement a new strategic plan and the success of a new strategic plan. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of AgEagle in general, see the risk disclosures in the Annual Report on Form 10-K of AgEagle for the year ended December 31, 2024, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by AgEagle. All such forward-looking statements speak only as of the date they are made, and AgEagle undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise.
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Media ContactAndy Woodward+1 (469) 451-2344Andy.woodward@ageagle.com
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World leader in polar science and polar operations research to use additional drones to enhance its Antarctic conservation, research, and wildlife preservation efforts
WICHITA, Kan., May 08, 2025 (GLOBE NEWSWIRE) — AgEagle Aerial Systems Inc. (NYSE: UAVS), a leading provider of best-in-class unmanned aerial systems (UAS) and sensors for military, public safety, and commercial use, has sold two additional eBee VISION drones to the British Antarctic Survey (BAS), a world leader in polar science and polar operations.
The BAS is part of the Natural Environment Research Council (NERC), an organization which supports the UK’s research activity in polar regions. NERC personnel conducting field work in some of the most extreme environments in the world will continue to rely on AgEagle drones to execute their research missions.
“The eBee VISION plays a vital role in the British Antarctic Survey’s important conservation work,” said Bill Irby, AgEagle CEO. “The robust eBee VISION performs well in extreme polar conditions, performing in intense cold and high winds. The UAS can fly for 90 minutes, has a range of 12 miles (20 km) and is manufactured to be simple to maintain in the field. This is vital when operating in some of the most challenging conditions in the world.”
The British Antarctic Survey operates two eBee VISION drones and three eBee X drones, used in gathering high resolution imagery to detect and track wildlife and monitor population numbers. The units also conduct repeat flights over glaciers to identify and track changes through the passage of time. The systems can also be used to support transportation needs on land and sea, with shifting weather conditions and varying ice states.
The AgEagle eBee drones are supplied to the BAS by KOREC Group, a trusted provider of mapping, surveying, and drone solutions, and the official distributor for AgEagle in the UK and Ireland.
Unmanned Aerial Systems (UAS) manufacturer fields demonstrations for decision makers in Baltic states to answer region’s defense and public safety needs
WICHITA, Kan., May 01, 2025 — AgEagle Aerial Systems Inc. (NYSE: UAVS), a leading provider of best-in-class unmanned aerial systems (UAS) and sensors for military, public safety, and commercial use, partnered with F9 Distribution Baltic to host Drone Days, a week-long event showcasing the cutting-edge capabilities of the eBee VISION and eBee TAC drones to potential customers in Lithuania, Latvia, and Estonia.
Drone Days attracted more than 150 key decision makers from the region’s defense, military, and public safety sectors. Attendees experienced dynamic product presentations and live flight demonstrations, highlighting the drones’ real-time surveillance and mapping capabilities.
“The eBee VISION and eBee TAC demonstrate exceptional reliability, adaptability, and performance, meeting the rigorous tactical and operational demands of defense and security operations,” said Daniela Arimondi, Global Head of UAS Sales. “We experienced strong winds during the eBee VISION flight demonstration, and the system proved it can execute complex mission scenarios in unpredictable, real-world conditions.”
Highlights of the flight demonstration of the eBee VISION:
“Showcasing the advanced capabilities of the eBee VISION and eBee TAC drones to the European audience was a seamless collaboration with our trusted regional partner, F9 Distribution Baltic,” said Bill Irby, AgEagle CEO. “Together we performed flight demonstrations highlighting the exceptional real-time surveillance and mapping functionalities of the eBee VISION, leaving a great impression on military and public safety officials with their precision and reliability.”
Follow this link to download images from the Drone Days events.
WICHITA, Kan., April 29, 2025 — AgEagle Aerial Systems Inc. (NYSE: UAVS) a leading provider of best-in-class unmanned aerial systems (UAS), sensors and software solutions for customers worldwide in the commercial and government verticals, announces that on April 23, 2025, the Company received written notice (the “Notice”) from the NYSE American LLC (the “NYSE American”) stating that the Company is not in compliance with the minimum stockholders’ equity requirements of Sections 1003(a)(i), 1003(a)(ii) and 1003(a)(iii) of the NYSE American Company Guide (the “Company Guide”) requiring stockholders’ equity of (i) $2.0 million or more if the Company has reported losses from continuing operations and/or net losses in two of its three most recent fiscal years, (ii) $4.0 million or more if the Company has reported losses from continuing operations and/or net losses in three of the four most recent fiscal years and (iii) $6.0 million or more if the Company has reported losses from continuing operations and/or net losses in its five most recent fiscal years, respectively. As of December 31, 2024, the Company had stockholders’ deficit of $5.7 million and has had losses in the most recent five fiscal years ended December 31, 2024.
The Company is now subject to the procedures and requirements of Section 1009 of the Company Guide. The Company has until May 23, 2025 to submit a plan (the “Plan”) of actions it has taken or will take to regain compliance with the continued listing standards by October 23, 2026, which is eighteen months from receipt of the Letter (“Cure Period”). The Company intends to submit the Plan to regain compliance with NYSE American listing standards, however there can be no assurance that the Company will be able to achieve compliance with such standards within the Cure Period. If the NYSE American accepts the Plan, the Company will be able to continue its listing during the Cure Period and will be subject to periodic reviews including quarterly monitoring for compliance with the Plan until it has regained compliance. If the Plan is not accepted by the NYSE American, the Letter states that delisting proceedings will commence. The Company may appeal a staff delisting determination in accordance with Section 1010 and Part 12 of the Company Guide.
The notice has no immediate impact on the listing of the Company’s shares of common stock, which will continue to be listed and traded on the NYSE American under the symbol “UAVS”, but will have an added designation of “.BC” to indicate the status of the common stock is “below compliance”. The notice does not affect the Company’s ongoing business operations or its reporting requirements with the Securities and Exchange Commission.
The Company also advises that as previously disclosed in its Annual Report on Form 10-K for the year ended December 31, 2024, filed March 31, 2025, with the Securities and Exchange Commission, the audited financial statements contained an audit opinion from its independent registered public accounting firm that included a Substantial Doubt Regarding Going Concern paragraph. This announcement is made pursuant to NYSE American Company Guide Section 610(b), which requires separate public announcement of the receipt of an audit opinion containing a going concern paragraph. This announcement does not represent any change or amendment to the Company’s consolidated financial statements or to its Annual Report on Form 10-K for the year ended December 31, 2024.
Through its three centers of excellence, AgEagle is actively engaged in designing and delivering best-in-class flight hardware, sensors and software that solve important problems for its customers. Founded in 2010, AgEagle was originally formed to pioneer proprietary, professional-grade, fixed-winged drones and aerial imagery-based data collection and analytics solutions for the agriculture industry. Today, AgEagle is a leading provider of full stack UAS, sensors and software solutions for customers worldwide in the energy, construction, agriculture, and government verticals. For additional information, please visit our website at www.ageagle.com.
Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “suggest,” “target,” “aim,” “should,” “will,” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on AgEagle’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict, including risks related to the timing and ability to regain compliance with the NYSE American Listing Standards, the timing and fulfilment of current and future orders relating to AgEagle’s products, the success of new programs, the ability to implement a new strategic plan and the success of a new strategic plan. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of AgEagle in general, see the risk disclosures in the Annual Report on Form 10-K of AgEagle for the year ended December 31, 2024, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by AgEagle. All such forward-looking statements speak only as of the date they are made, and AgEagle undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise.
Key update provides operators invaluable control and reliability in environments where GNSS/GPS signals are compromised, jammed, or entirely unavailable
WICHITA, Kan., April 24, 2025 — AgEagle Aerial Systems Inc. (NYSE: UAVS) (“AgEagle” or the “Company”), a leading provider of best-in-class unmanned aerial systems (UAS) and sensors for military, public safety, and commercial use, announces the launch of its eBee VISION next generation application software featuring a variety of critical updates. Of particular note, is the capability for autonomous position updates with map referencing to provide precise navigation even in GNSS-denied areas where satellite signals are unavailable or unreliable due to various factors.
AgEagle CEO Bill Irby commented, “Of the many new features provided in our latest software update, overcoming GNSS-denied shortfalls marks a significant leap forward in drone operations especially for defense personnel, public safety agencies and industrial teams working in high-stakes, GNSS-denied environments. Whether operating in dense urban centers, near critical installations, or in contested zones with active signal interference, our global eBee VISION customers can now maintain full navigational command of their drone using only the camera and map-based interface. This feature directly addresses a core challenge faced by tactical and industrial drone operators in today’s complex mission environments. Our technical team will continue to work relentlessly on refinements and ongoing advancements to ensure AgEagle remains at the forefront of UAV innovation.”
Key Advantages of Autonomous Position Control Without GNSS:
Additional features announced in the latest software update include:
Optical Flow Stabilization for Target Lock
When locked onto a point of interest, the camera uses visual cues to keep the target centered-even during long zoom-ins or drone movements.
Adaptive Behavior After GNSS Recovery or Visual Repositioning
Seamless transitions after teleportation events. If the drone’s position suddenly updates (due to GNSS recovery or visual geo-referencing), it now intelligently continues its current task or adjusts appropriately.
Improved Ground Detection to Prevent False Landings
Algorithms improved to reduce the risk of false “on-ground” detection during flight, ensuring better performance in low-speed or high-wind conditions.
Improved Pitot Tube Handling at Take-Off
More reliable launches under challenging conditions. Minimized false pitot sensor errors on launch, especially under challenging angles or slight sensor obstruction.
Remaining Flight Time & Return-to-Home (RTH) Estimates
Better mission planning made simple with real-time energy estimates. Live estimates of mission duration and return-to-home time are now available-adjusting dynamically based on real-time wind and power consumption data.
Optimized Cruise Speed in Windy Conditions
Smarter speed, longer missions. The drone now adapts cruise speed based on actual wind intensity, improving endurance without compromising stability.
High-Precision Landings with STL Altitude Calibration
Using LIDAR to calibrate the landing zone’s altitude during STL ensures consistent and accurate touchdown, regardless of altitude drift mid-flight.
Gimbal Auto-Recovery from Obstructions
Resilient against sand and debris. If the gimbal becomes blocked, a new self-clearing mechanism attempts recovery mid-flight-reducing the risk of damage on landing.
Smart Motor Speed Reduction to Prevent Overheating
Climb safely, even in extreme heat. When motors approach overheating thresholds, speed is temporarily reduced to prevent shutdown, preserving the drone in critical conditions.
AgEagle Aerial Systems Contacts
Investor Relations:
Email: UAVS@ageagle.com
Media:
Email: media@ageagle.com
WICHITA, Kan., April 23, 2025 — AgEagle Aerial Systems Inc. (NYSE: UAVS) (“AgEagle” or the “Company”), a leading provider of best-in-class unmanned aerial systems (UAS) and sensors for military, public safety, and commercial use, announces the launch of its eBee VISION next generation application software featuring a variety of critical updates. Of particular note, is the capability for manual position updates with map referencing to provide precise navigation even in GNSS-denied areas where satellite signals are unavailable or unreliable due to various factors.
Key Advantages of Manual Position Control Without GNSS:
Proven financial leader brings over 20 years of senior management experience navigating a multitude of public companies to fiscal responsibility and shareholder value creation
WICHITA, Kan., April 16, 2025 — AgEagle Aerial Systems Inc. (NYSE: UAVS) (“AgEagle” or the “Company”), a leading provider of best-in-class unmanned aerial systems (UAS) and sensors for military, public safety, and commercial use, announces the appointment of Alison Burgett, as Chief Financial Officer (CFO) of AgEagle, effective April 14, 2025. Ms. Burgett brings more than twenty years of financial, operational and regulatory experience with exchange listed companies and will be instrumental in helping guide the Company through its next phase of growth.
AgEagle CEO Bill Irby commented, “Alison has been a vital part of AgEagle’s leadership team in her role as Controller, where she has already demonstrated exceptional financial discipline, strategic insight, and a deep understanding of our business. Her promotion to CFO is a natural progression that reflects both her strong performance and the confidence we have in her ability to lead our financial strategy moving forward. As we continue to execute on our growth initiatives and expand our market presence, Alison’s leadership will be instrumental in driving operational efficiency, strengthening our financial infrastructure, and delivering long-term value to our shareholders.”
“With its cutting-edge technology, strong market position, and dedicated leadership team, AgEagle is uniquely positioned to drive meaningful innovation and expand its footprint in the rapidly growing drone technology sector,” said Ms. Burgett. “I look forward to leveraging my experience in corporate finance, strategic planning, and operational efficiency to support AgEagle’s long-term vision. By implementing sound financial strategies and fostering disciplined growth, we will further solidify AgEagle’s role as a leader in aerial intelligence solutions.”
Ms. Burgett has served as Controller of AgEagle since April 2024. In this capacity, she was responsible for overseeing the Company’s financial reporting, internal controls, budgeting, and compliance with regulatory standards, including SEC and GAAP requirements.
Prior to joining AgEagle, Ms. Burgett held key finance leadership roles over her tenure at Cente Corporation. Before joining Cente Corporation, Ms. Burgett held the position of Controller at Republic Services, Inc. and Director of Accounting at Providence Service Corporation where she supported strategic growth initiatives and implemented process improvements to enhance financial transparency and operational efficiency. She earned her undergraduate degree in Accounting from the University of Phoenix and her Master of Business Administration from Boise State University. Her expertise in corporate finance and regulatory compliance plays a vital role in supporting AgEagle’s financial integrity and long-term growth.
The Company wishes to thank Ms. Adrienne Anderson for her interim CFO services and contributions to AgEagle and wishes her success in her future endeavors.
Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “suggest,” “target,” “aim,” “should,” “will,” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on AgEagle’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict, including risks related to the timing and fulfilment of current and future purchase orders relating to AgEagle’s products, the success of new programs, the ability to implement a new strategic plan and the success of a new strategic plan. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of AgEagle in general, see the risk disclosures in the Annual Report on Form 10-K of AgEagle for the year ended December 31, 2024, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by AgEagle. All such forward-looking statements speak only as of the date they are made, and AgEagle undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise.
