Private event featured demonstrations and roundtable discussions with key members of the armed forces and key decision makers
WICHITA, Kan., April 15, 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, participated in the 173rd Airborne Brigade’s 1st annual Innovation Symposium. During the event, the Company demonstrated its eBee VISION drone and contributed to roundtable discussions on the future of unmanned aerial systems (UAS) in military operations.
“We demonstrated the operational advantages of the eBee VISION to a highly influential and forward-thinking audience. Direct engagements with military leaders and decision-makers builds a better understand of our customers’ evolving mission needs,” commented AgEagle CEO Billy Irby. “Our eBee VISION delivers real-time visual intelligence with a tactical-oriented minimal logistics footprint, making it a key asset for rapid-response situational awareness in the field.”
The Innovation Symposium assembled high-ranking personnel from the armed forces, including Colonels and other key decision-makers. As part of the event, AgEagle presented live demonstrations of the eBee VISION drone and took part in collaborative roundtable discussions focused on integrating emerging technologies into modern combat strategies, reinforcing the company’s commitment to supporting its global defense customers with reliable, field-proven UAS capabilities.
eBee VISION drone is an ultra-lightweight, portable ISR (Intelligence, Surveillance, and Reconnaissance) platform designed for rapid deployment in tactical environments. It is an NDAA-compliant (adhering to the provisions outlined in the National Defense Authorization Act) and cyber-secure UAS providing high-resolution video imagery, day and night vision capabilities, 32x RGB zoom, 90-minute flights and a 12-mile wireless range, even in Global Navigation Satellite System (GNSS) denied conditions.
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 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.
AgEagle Aerial Systems Contacts
Investor Relations: Email: UAVS@ageagle.com
Media: Email: media@ageagle.com
Year-end highlights include three record product orders and $6.8M in expense reductioneffectively positioning the Company for long-term growth
WICHITA, Kan., March 31, 2025 — AgEagle Aerial Systems Inc. (NYSE: UAVS) (“AgEagle” or the “Company”), a leading provider of best-in-class unmanned aerial systems (UAS), sensors and software solutions for customers worldwide in the commercial and government verticals, provides a corporate update and announces its financial results for the year ended December 31, 2024.
Corporate Highlights FY2024 to Date
Financial Highlights FY 2024
AgEagle CEO Bill Irby commented, “2024 was a defining year for AgEagle. We secured three of the largest orders in our history while implementing significant strategic cost reductions that have strengthened our foundation for long-term sustainable growth. We assembled an exceptional leadership team with deep expertise in scaling technology companies, optimizing operations, and executing aggressive sales strategies. Combined with a leaner expense structure, record demand, and a growing product portfolio, we believe we are well positioned to expand our customer base, secure new partnerships, and leverage our innovative drone technologies to capitalize on emerging opportunities in the burgeoning global UAS market.
“As we look ahead to 2025, our focus remains on deepening our market penetration and delivering sustainable value to our entire global customer portfolio. We anticipate continued expansion across our core markets in 2025, driven by increasing adoption of drone technology for a myriad of commercial and defense applications. We remain committed to innovation, operational efficiency, and strategic partnerships to further accelerate growth across all verticals while ensuring fiscal discipline and maximizing shareholder value.”
Key Financial Results
Investor Relations:
Email: UAVS@ageagle.com
Media:
Email: media@ageagle.com
Over 40 years of combined drone industry expertise to support robust global sales initiatives
WICHITA, Kan., March 19, 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 the appointment of Steve Mathias as Vice President of Global Sales and Business Development and Erik de Badts as Global Head of MicaSense Sales.
AgEagle CEO Bill Irby commented, “As we execute a multi-faceted strategic growth plan focused on expanding our global footprint, the addition of both Steve and Erik’s impressive pedigrees will drive innovation, foster collaboration, and ensure that we remain agile in an evolving UAS marketplace. Steve brings multi-decade expertise in military and commercial aviation, both crewed and uncrewed, while Erik is a true subject matter expert in multi-spectral sensing. We are confident their leadership will help strengthen key partner relationships, unlock new opportunities, and accelerate revenue growth.”
Steve Mathias is an aerospace business executive with over 30 years of senior leadership experience in both the military and aerospace industry. Prior to joining AgEagle, he served as Senior Vice President of Strategy and Growth at GKN Aerospace Defense, a leading global technology company specializing in advanced aerostructures and engine systems. Before his role at GKN Aerospace, Mr. Mathias was Vice President of Global Sales and Strategy at Bell Helicopter, where he led all domestic and international vertical lift defense sales, including both crewed and uncrewed systems. His background as a U.S. Army Officer includes significant special operations and conventional aviation experience with both manned and unmanned systems. In his final Army assignment, Steve served as the Deputy Chief of Staff G-8 for the U.S. Army Special Operations Command, overseeing the requirements and Program Objective Memorandum (POM) processes for over 200 Army and Special Operations air and land programs.
Erik de Badts will be re-joining AgEagle taking a leadership role in our worldwide camera sales. Erik is a remote sensing expert and served previously in a camera sales leadership role for MicaSense and AgEagle for eight years. He is a geospatial and drone industry professional with over 20 years of experience in international business development, remote sensing, image processing and drone manufacturing.
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 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, 2023, 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.
AgEagle Aerial Systems ContactsInvestor Relations:Email: UAVS@ageagle.comMedia:Email: media@ageagle.com
Four-day event successfully tested advanced capabilities through intensive day and night operations
WICHITA, Kan., March 18, 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 the recent completion of a successful four-day proof-of-concept demonstration with France’s Directorate General for Maritime Affairs, Fisheries, and Aquaculture (DGAMPA) testing eBee VISION’s advanced capabilities.
AgEagle CEO Bill Irby commented, “This successful demonstration underscores the potential of the eBee VISION for enhancing maritime security and environmental protection efforts. Multiple flights were carried out in diverse conditions, both day and night. Our eBee VISION demonstrated outstanding performance, operating within a 20 km range and temperatures as low as 5°C, as well as landing smoothly on sand. Throughout the trials, various observation scenarios were tested for maritime control and surveillance, all of which were completed with positive results. This success not only highlights the robust performance of our technology but also validates the potential for growth across various markets.”
The demonstration missions allowed for the thorough evaluation of the eBee VISION’s advanced capabilities and confirmed:
Daytime operations consisted of monitoring a 20 km range above the sea to identify fishing boats in prohibited areas, assess their cargo, and detect net fishing in deeper maritime areas. Also, surveillance of line fishing in the coastal line.
Night operations consisted of conducting coastal line surveillance with the eBee VISION’s thermal camera to detect illegal fishing activities, enabling authorities to target unauthorized operations.
The Directorate general for Maritime affairs, Fisheries and Aquaculture (DGAMPA) is a French general directorate created in 2022. It comes under the authority of the Ministry for Ecological Transition, Biodiversity, Forestry, the Sea and Fisheries. The DGAMPA merges the two main directorates dealing with the maritime sector at the central level of the government, namely the Directorate of maritime affairs (DAM) and the Directorate of maritime fisheries and aquaculture (DPMA), but also the staff of the captaincies of the state ports.
International event connects armed forces personnel and security industry leaders
WICHITA, Kan., March 06, 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 it recently showcased its eBee VISION and eBee TAC systems at Enforce Tac 2025 trade fair through its Germany-based distributor Dronivo. Enforce Tac focuses on innovations in the security and defense verticals and features cutting-edge technologies from renowned manufacturers.
AgEagle CEO Bill Irby commented, “Exhibiting our best-in-class UAS to an esteemed audience, including government officials and military leaders, was yet another high value opportunity to enhance our market presence and drive business growth in the security and defense sectors. Our ability to connect with industry stakeholders has further solidified our position as a key contributor in advancing UAS technology to meet the evolving needs of our commercial and government customers worldwide. We will continue to leverage similar opportunities as we execute our strategic growth plan designed to build long-term shareholder value.”
Enforce Tac is a specialized international trade fair focused on law enforcement, security, and defense industries, where professionals from around the world gather to showcase the latest innovations in tactical equipment, firearms, ammunition, and security technology; it’s primarily designed for members of the armed forces and official security agencies to discover new products and network with industry experts.
The eBee VISION is a state-of-the-art ISR Unmanned Aerial System (UAS), designed to provide tactical flexibility, durability, and efficiency. Its unique features and performance metrics will be evaluated during a series of rigorous field exercises, providing valuable insights into its applicability in diverse operational scenarios. eBee VISION is carried in a backpack, hand-launched and operated by a single pilot in rapidly changing environments.
The eBee TAC is a cyber-secure governmental and tactical mapping drone and was the first fixed-wing approved drone to be added to the Defense Innovation Unit (DIU) Blue UAS Cleared List for procurement by the U.S. Department of Defense (DoD) and government agencies. Systems added to this list do not require a Department of Defense exception to operate, as they have undergone an evaluation of the drone systems’ capabilities, NDAA compliance, operational safety and cyber security. eBee TAC can be operated by one person and deployed in 3 minutes.
Order fulfilled on time represents the largest sensor sale in Company history
WICHITA, Kan., March 04, 2025 — AgEagle Aerial Systems Inc. (NYSE: UAVS) (“AgEagle” or the “Company”), 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 it has fulfilled the previously announced order for 60 RedEdge-P Multispectral Sensors from an East Asian value-added reseller (VAR).
AgEagle CEO Bill Irby commented, “Following the successful on-time completion of this, our largest sensor sale in AgEagle history, we look forward to building on this significant momentum. The achievement underscores our commitment to impeccable execution and reliability and further represents a landmark milestone in our strategic growth plan for 2025 and beyond. We look forward to continuing to enhance and scale our high-value intelligence, surveillance, and reconnaissance product offerings to military and commercial operations worldwide to effectively position AgEagle for long-term shareholder value creation.”
RedEdge-P Multispectral Sensors are NDAA compliant, high-resolution multispectral and RGB sensor featuring a high-resolution panchromatic band for pan-sharpened output resolutions of 2 cm / 0.8 in at 60 m / 200 ft. Its five narrow multispectral bands with scientific-grade filters make it the perfect camera for calculating multiple vegetation indices and composites.
AgEagle’s entire product on display through industry-leading defense partners
WICHITA, Kan., Feb. 26, 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 its participation in the inaugural XPONENTIAL Europe trade show in Dusseldorf Germany held February 18-20, 2025.
AgEagle CEO Bill Irby commented, “Invaluable visibility was achieved at XPONENTIAL Europe as AgEagle further strengthened its leadership role in the worldwide UAS marketplace. Our entire product line was presented to a prominent and influential audience both directly by AgEagle and through our industry-leading partners. Notably, major European defense contractor Rheinmetall, presented AgEagle’s eBee VISION as an integral part of their offering as did Dronivo and MKS Servo. The diverse needs of European nations both commercially and defense-wise were reviewed with high-value insight provided by the congregation which included representatives from NATO. AgEagle remains committed to consistently expanding the capabilities and global footprint of our best-in-class UAS products as we continue to build long-term value for all our stakeholders.”
XPONENTIAL Europe offered a unique combination of trade fair, live demonstrations and a top-class conference program. Daily keynotes by internationally renowned speakers before the start of the trade fair brought exhibitors and visitors together and provided important impetus for the future of autonomy. The tradeshow is the very first event put on by Messe Dusseldorf in partnership with AUVSI. Various members of the drone customer community were present, such as the German Bundeswehr and the U.S. Army, along with members of the press and industrial community.
Rheinmetall AG, headquartered in Dusseldorf, Germany, produces a variety of armored fighting vehicles and armored personnel carriers, in both wheeled and tracked versions and the fifth largest manufacturer in Europe.
Dronivo is one of the largest direct importer and distributor of drones, control stations, and defense systems. Dronivo sells a variety of drones, drone management systems, industrial components for industrial, security, and other applications.
MKS Servo researches, designs, and develops high-quality RC model servos and electronic control equipment, prioritizing collaboration and customer growth. They specialize in gearboxes and electronic control equipment.
New features provide differentiating capabilities for defense and commercial customers worldwide
WICHITA, Kan., Feb. 20, 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 the release of its 2.1.0 eBee VISION application software. The next version of the software provides users with dynamic features including enhanced mapping capabilities, situational awareness measures and a variety of other tactical advantages.
AgEagle CEO Bill Irby commented, “Our next generation application software represents a leap forward in innovation and user experience for the eBee VISION. In particular, the new advanced situational awareness and mapping features provides remarkable flexibility and enriched operational efficiency. Even with these upgrades, our technical team continues to refine and evolve the capabilities of our complete enhanced intelligence, surveillance, and reconnaissance technology product portfolio to meet the specific and evolving needs of our expanding worldwide defense and commercial customer base.”
Mapping Capabilities
In addition to the eBee VISION’s HD real-time video surveillance capabilities, it now supports circular and grid mapping, allowing users to generate 2D or 3D maps in an external post-processing software.
Global Navigation Satellite System GNSS-denied Operational Capability
eBee VISION 2.1.0 is capable of continuing missions in GNSS-denied environments and allows manual deactivation of GNSS to prevent jamming or spoofing. This enhances situational awareness and position it favorably against other drones in its range that rely only on GNSS for navigation and may not function effectively in GNSS-denied conditions.
Compliance with STANAG 4609
eBee VISION implements the STANAG 4609 standard, the official format for motion imagery exchange within the NATO nations, embedding drone position and camera information into the videos recorded by the drone and those broadcasted by the Ground Control Station. Its inclusion in the system enhances interoperability with third-party applications, key for military-grade drones.
STL Repositioning
The Company’s enhanced software now allows manual adjustment of the landing position on the map in case of Silent Tactical Landing (STL), with range estimates to inform users of the drone’s reach. This provides the eBee VISION with a tactical advantage.
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 new software, including new versions of existing software, 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, 2023, 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.
Investor Relations:Email: UAVS@ageagle.com
Media:Email: media@ageagle.com
Based on FAA Part 107 commercial drone registration data from 2021 to the present day marks a significant accomplishment for AgEagle in the commercial UAS industry
WICHITA, Kan., Feb. 13, 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 based on its internal review of FAA Part 107 commercial drone registration data from 2021 to present day indicates the Company’s eBee UAS was the most used conventional fixed wing drone for U.S. commercial operators.
AgEagle CEO Bill Irby commented, “Our eBee drones are renowned for their long-flight endurance, high-resolution sensors and user-friendly operation that delivers precise data in challenging environments, empowering users to make intelligent informed real-time decisions. We believe these data are reflective of that reputation, even as we continue to improve upon our products to ensure high value for all our customers worldwide. Meanwhile, we remain committed to ensuring regulatory compliance and safety standards, reinforcing our reputation as a trusted leader in both the commercial and defense drone markets.”
The Federal Aviation Administration (FAA) is a U.S. federal government agency within the U.S. Department of Transportation that regulates civil aviation in the United States and surrounding international waters. Its powers include air traffic control, certification of personnel and aircraft, setting standards for airports, and protection of U.S. assets during the launch or re-entry of commercial space vehicles. Powers over neighboring international waters were delegated to the FAA by authority of the International Civil Aviation Organization.
Key drone innovation forum for the French Army features eBee VISION flight demonstration
WICHITA, Kan., Feb. 04, 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 it recently completed a successful flight demonstration of its eBee VISION Intelligence Surveillance and Reconnaissance (ISR) UAS platform at the French Army’s 61st Artillery Regiment’s event, FID25-61e RA Chaumont. The drone innovation forum was conducted January 30-31, 2025 and attended by the Company in conjunction with its French reseller partner Flying Eye.
AgEagle CEO Bill Irby commented, “We continue to strengthen and broaden our relationship with the French Army through our partner Flying Eye, who completed training in January to become certified eBee VISION operators. This strategic union is expected to build upon the success of our largest single order in AgEagle’s history, valued at $3.4M, completed with the French Army in Q4 2024. We look forward to leveraging this momentum as we continue to expand the global footprint of our UAS products within both government and commercial verticals.”
The eBee VISION is a state-of-the-art ISR UAS, designed to provide tactical flexibility, durability, and efficiency. Its unique features and performance metrics will be evaluated during a series of rigorous field exercises, providing valuable insights into its applicability in diverse operational scenarios.
The 61st artillery regiment (61e RA) of Chaumont is the original image intelligence regiment of the French Army. To fulfill its mission, it implements drones (pilotless aircraft) and is equipped with means of receiving satellite images. With a history spanning more than a century, the 61st Artillery Regiment has distinguished itself over the decades by demonstrating its tactical know-how, which has earned it numerous military distinctions. Both through its historical weapon, artillery, and later in the field of intelligence and the implementation of drones, the Black Devils have served their country with the courage and determination that honors their elders. This precious heritage gives the 61st Artillery Regiment an extraordinary singularity, which continues to flourish today.
Simon Leroy Co-CEO of Flying Eye commented, “We are proud to represent AgEagle on the French market. The eBee VISION fills a gap that was unaddressed so far by UAS manufacturers and answers the needs of both our public and private customer base. Its unique performance and its advanced features make the VISION stand out in its category. 2024 has seen Flying Eye completing the largest sales of eBee VISION ever, we expect 2025 to be even more successful.”
