AgEagle Aerial Systems, Inc. designs, develops, produces, distributes, and supports unmanned aerial vehicles for the precision agriculture industry in the United States and internationally. It offers FarmLens, a subscription based cloud analytics service that processes data collected with a drone for use by farmers and agronomists; and HempOverview, a software-as-a-solution web- and map-based technology platform to support the operations of domestic industrial hemp programs for state and tribal nation departments of agriculture, growers, and processors. The company also offers fixed-wing drones, such as AgEagle Classic, RAPID System, RX-60, and RX-48; drone subcomponents; and ancillary drone support equipment. In addition, it provides technology solutions to the agriculture industry through delivery of best-in-class drones, sensors, and data analytics for hemp and other commercial crops. Further, the company provides turnkey, end-to-end, and tailored drone solutions to international clients. AgEagle Aerial Systems, Inc. was founded in 2010 and is headquartered in Wichita, Kansas.
IPO Year:
Exchange: AMEX
Website: ageagle.com
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WICHITA, Kan., Nov. 21, 2024 (GLOBE NEWSWIRE) -- 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 Adrienne Anderson as Interim Chief Financial Officer effective November 14, 2024. AgEagle CEO Bill Irby commented, "Adrienne possesses an impressive track record of financial stewardship and strategic vision, bringing a wealth of public sector experience that will be invaluable as we continue to drive growth and innovation while safeguarding company assets. Her commitment to fostering a culture of transparency
Retired U.S. Navy pilot and seasoned aviation executive brings over 30 years experience WICHITA, Kan., Nov. 20, 2024 (GLOBE NEWSWIRE) -- 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 Brent Klavon to the Company's board of directors effective November 8, 2024. AgEagle CEO Bill Irby commented, "We are grateful to welcome Brent Klavon to our board of directors. With over 30 years of aviation and strategic leadership experience, Brent brings a wealth of knowledge and expertise that will be invaluable as w
Key UAV stakeholders assembled with government officials to confer on U.S. drone technology matters WICHITA, Kan., Nov. 18, 2024 (GLOBE NEWSWIRE) -- 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 company recently attended the White House by invitation to engage in strategic discussions regarding the future of commercial unmanned aerial vehicles (UAVs). The meeting assembled key stakeholders from the UAV industry along with government officials from the National Security Council and National Economic Council to explor
Significant milestone achieved as Company executes on US market expansion strategy WICHITA, Kan., Nov. 14, 2024 (GLOBE NEWSWIRE) -- 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 has secured 17 new purchase orders for eBee TAC drones from U.S. defense and security customers. Bill Irby, CEO of AgEagle commented, "We are grateful to reach a pivotal milestone in the execution of our U.S. defense and security market growth strategy outlined previously in my letter to shareholders. With the increasing demand for our eB
WICHITA, Kan., Nov. 13, 2024 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (the "Company") (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, announced today that the Company received a notice from the NYSE American LLC ("NYSE American") on November 6, 2024, advised that the Company had regained compliance with its continued listing standard set forth in Section 801(h) and Section 803(B(2)(C) of the NYSE American Company Guide. Specifically, the Company now has at least 50% board independence and two independent audit committee members. About AgEagle Aerial S
WICHITA, Kan., Nov. 04, 2024 (GLOBE NEWSWIRE) -- 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 October 30, 2024, the Company received written notice (the "Notice") from the NYSE American LLC (the "NYSE American") stating that it is not in compliance with the continued listing standards set forth in (i) Section 801(h) of the NYSE American Company Guide (the "Company Guide") because the Company's Board of Directors (the "Board") is not comprised of at least 50% independent directors (the "Board Composition Requiremen
WICHITA, Kan., Oct. 30, 2024 (GLOBE NEWSWIRE) -- 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 Kevin Lowdermilk to the Company's board of directors effective October 25, 2024. Company CEO, Bill Irby, commented, "It is a privilege to have Kevin join our board. His distinguished career and leadership in some of the most challenging technology sectors speak to his ability to drive success through vision, strategy and execution. We are grateful to work alongside him and leverage his expertise to support
WICHITA, Kan., Oct. 22, 2024 (GLOBE NEWSWIRE) -- 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, today issues a Letter to Stockholders from Company CEO Bill Irby. Dear Stockholders: First, I want to extend my appreciation for the trust and confidence you have placed in AgEagle. Upon taking over as CEO from Grant Begley (former interim CEO and current Board Chairman), we have been evolving and advancing AgEagle toward the creation of maximum long-term shareholder value. To fund our aggressive growth plans, we recently completed a $6
Wichita, Kansas, Oct. 03, 2024 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (NYSE:UAVS) ("AgEagle" or the "Company"), an industry-leading provider of full stack flight hardware, sensors and software for commercial and government use, announced today a reverse stock split of its authorized, issued and outstanding common stock, par value $0.001 per share, at a ratio of one (1) share of common stock for every fifty (50) shares of common stock, effective as of 5:00 p.m. (Eastern Time) on October 14, 2024 (the "Effective Date"). The Company's common stock will begin trading on a split-adjusted basis when the market opens on October 15, 2024. The reverse stock split was authorized by the Comp
Annual event featured UAS industry leaders determined through rigorous selection process WICHITA, Kan., Oct. 03, 2024 (GLOBE NEWSWIRE) -- 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 Company was selected to participate in the REPMUS 2024 Exercise co-hosted by NATO. Exercises and demonstrations took place September 9 -27, 2024 in Troia, Portugal. REPMUS (Robotic Experimentation and Prototyping augmented by Maritime Unmanned Systems) is an annual Portuguese Navy (PN)-led, NATO co-hosted exercise, focusing on m
WICHITA, Kan., Nov. 14, 2023 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (NYSE:UAVS) ("AgEagle" or the "Company"), an industry-leading provider of full stack flight hardware, sensors and software for commercial and government use, today announces its financial results for the three and nine months ended September 30, 2023. Third Quarter 2023 Financial Highlights Revenues totaled $3.48 million for the three months ended September 30, 2023, decreasing 37% from $5.49 million reported for the same three-month period in the prior year. Nine-month revenues totaled $10.81 million in 2023, which were down 26% from $14.62 million for the first nine months of 2022. The decrease in reven
WICHITA, KS / ACCESSWIRE / May 15, 2023 / AgEagle Aerial Systems Inc. (NYSE:UAVS) ("AgEagle" or the "Company"), an industry-leading company engaged in designing and delivering best-in-class drones, sensors and software, for commercial and government use, today announced its financial results for the three months ended March 31, 2023.Financial Highlights for the Comparable Three Months Ended March 31, 2023 and 2022Revenues increased 6% to $4.06 million, up from $3.84 million.Revenue growth was attributable to continued, strong global demand for Altum-PT™ and RedEdge-P™ multispectral sensors, with sensor sales climbing 111% to $1.97 million from $0.93 million.Gross profit rose 45% to $1.98 m
Company's Leadership to Host Corporate Update Via Live AudioWebcast Today at 4:30 PM ETWICHITA, KS / ACCESSWIRE / April 4, 2023 / AgEagle Aerial Systems Inc. (NYSE:UAVS) ("AgEagle" or the "Company"), an industry-leading provider of full stack flight hardware, sensors, and software for commercial and government use, today announced its financial results for the full year ended December 31, 2022.Financial Highlights for the Twelve Months Ended December 31, 2022 Compared to Prior YearTotal revenues nearly doubled, rising 96% to $19.1 million from $9.8 million.Sales of the Company's proprietary line of eBee™-branded fixed wing drones and related equipment increased 305% to $9.8 million from $2.4
WICHITA, Kan., May 17, 2022 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (NYSE:UAVS) ("AgEagle" or the "Company"), a leading provider of a unified line of industry trusted drones, sensors and software, today announced its financial results for the three months ended March 31, 2022. Financial Highlights for the Comparable Three-Month Periods Ended March 31, 2022 and March 31, 2021 Revenues climbed 126% to $3.84 million compared to $1.70 million. The increase was attributable to sales of eBee drone products and software subscriptions related to the HempOverview and Ground Control platforms, offset by lower revenues reported for the Company's sensor products. The decline in sensor sales
Three and Nine Month 2021 Revenues Climb 169% and 389%, Respectively, Year-Over-Year Company's Leadership to Host Corporate Update Via Webcast Today at 4:30 PM ET WICHITA, Kan., Nov. 15, 2021 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (NYSE:UAVS) ("AgEagle" or the "Company"), an industry-leading provider of full-stack drone, sensor and software solutions, today announced its financial results for the three and nine months ended September 30, 2021. Brandon Torres Declet, Chief Executive Officer of AgEagle, stated, "The scaling of our business through our strategic acquisition initiatives has led to record revenues for our Company, providing the framework for improving our fun
WICHITA, Kan., Aug. 16, 2021 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (NYSE:UAVS) ("AgEagle" or the "Company"), an industry-leading provider of drones, sensors and software, today announced its financial results for the second quarter reporting period ended June 30, 2021. Commenting on the results, Brandon Torres Declet, AgEagle's Chief Executive Officer, stated, "Our strong second quarter results reflect our successful execution and emboldens our resolve to build enduring, long-term shareholder value by remaining focused on research and development, building internal talent and collaboration across our brands, and driving the implementation of growth strategies aimed at bringing i
WICHITA, Kan., May 17, 2021 (GLOBE NEWSWIRE) -- AgEagle™ Aerial Systems Inc. (NYSE: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: Total revenue for the three months ended March 31, 2021 increased significantly to approximately $1.7 million compared to $391,000 in the prior year period. The increase in revenue was largely attributable to drone sensor sales by MicaSense™, which AgEagle acquired in late January 2021, and sales of our HempOverview™ SaaS solution to other states. Gross profit margin improved to 63% from 55% as a result
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WICHITA, Kan., Nov. 21, 2024 (GLOBE NEWSWIRE) -- 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 Adrienne Anderson as Interim Chief Financial Officer effective November 14, 2024. AgEagle CEO Bill Irby commented, "Adrienne possesses an impressive track record of financial stewardship and strategic vision, bringing a wealth of public sector experience that will be invaluable as we continue to drive growth and innovation while safeguarding company assets. Her commitment to fostering a culture of transparency
Retired U.S. Navy pilot and seasoned aviation executive brings over 30 years experience WICHITA, Kan., Nov. 20, 2024 (GLOBE NEWSWIRE) -- 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 Brent Klavon to the Company's board of directors effective November 8, 2024. AgEagle CEO Bill Irby commented, "We are grateful to welcome Brent Klavon to our board of directors. With over 30 years of aviation and strategic leadership experience, Brent brings a wealth of knowledge and expertise that will be invaluable as w
WICHITA, Kan., Oct. 30, 2024 (GLOBE NEWSWIRE) -- 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 Kevin Lowdermilk to the Company's board of directors effective October 25, 2024. Company CEO, Bill Irby, commented, "It is a privilege to have Kevin join our board. His distinguished career and leadership in some of the most challenging technology sectors speak to his ability to drive success through vision, strategy and execution. We are grateful to work alongside him and leverage his expertise to support
WICHITA, Kan., March 07, 2024 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (NYSE:UAVS) a leading provider of best-in-class full stack unmanned aerial systems (UAS), sensors and software solutions for customers worldwide in the commercial and government verticals, today announces the appointment of retired U.S. Army Major General Malcolm Frost to its Board of Directors, effective March 1, 2024. Major General Malcolm B. Frost (Ret) has 31 years of leadership experience in the U.S. Army having provided large-scale strategic and operational oversight in the Indo-Asia-Pacific, Middle East, Europe, and the United States. Frost served as the Chief (Director) of Public Affairs where he devel
Established leader in the Unmanned Aerial System (UAS) sector to focus on driving sustainable growth WICHITA, Kan., Feb. 15, 2024 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (NYSE:UAVS) a leading provider of best-in-class full stack unmanned aerial systems (UAS), sensors and software solutions for customers worldwide in the commercial and government verticals, today announces the appointment of William "Bill" Irby as President, effective February 12, 2024. AgEagle's Chairman and Interim CEO, Grant Begley, commented, "Bill is a timely and exciting addition to AgEagle's leadership team. His significant defense industry experience -- particularly in scaling unmanned tec
Retired Navy Tactical Officer and UAVS Director to lead company into next chapter of growth WICHITA (Kan.), Jan. 16, 2024 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (NYSE:UAVS) a leading provider of full stack drone, sensors and software solutions for customers worldwide in the commercial and government verticals, today announced the appointment of Company Chairman Grant Begley to Interim Chief Executive Officer position, effective January 1, 2024. Commenting on the appointment, Begley stated, "I am honored to lead the Company marked by its deep Unmanned Aerial System ("UAS") technology heritage. I look forward to working closely with the Board, senior leadership, and t
Appoints New Chairman of the Board and Welcomes New Interim Chief Financial Officer WICHITA, Kan., Oct. 19, 2023 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (NYSE:UAVS) ("AgEagle" or the "Company"), an industry-leading provider of full stack flight hardware, sensors and software for commercial and government use, today announced key leadership changes to propel the Company's strategic growth initiatives forward more rapidly, with emphasis on perpetuating deeper penetration of global sales and servicing the expanding needs of the government/defense industry sector. Grant Begley, an independent member of the Board of Directors since June 2016, has been elected Chairman of the B
AgEagle Announces Appointment of Kelly Anderson, CPA to the Board of DirectorsWICHITA, KS / ACCESSWIRE / December 7, 2022 / AgEagle Aerial Systems Inc. (NYSE:UAVS) ("AgEagle" or the "Company"), an industry-leading provider of full stack flight hardware, sensors and software for commercial and government/defense use, today announced the appointment of Kelly Anderson, CPA as a new independent member of AgEagle's Board of Directors, effective today, December 5, 2022. Anderson will also serve as Chairperson of the Audit Committee and as a member of both the Compensation Committee and Nominating and Corporate Governance Committee of the Board, effective December 5, 2022."We are very pleased to we
WICHITA, Kan., June 17, 2021 (GLOBE NEWSWIRE) -- AgEagle™ Aerial Systems Inc. (NYSE:UAVS) ("AgEagle" or the "Company"), an industry-leading drone solutions provider, today announced the promotion of Jesse Stepler to President of Measure Global ("Measure"), an AgEagle company, and the appointment of two highly experienced business professionals to key management roles. Jesse Stepler – Promotion to President of Measure Shortly following AgEagle's acquisition of Measure in April 2021, Stepler was appointed by AgEagle to serve as Measure's Senior Vice President, Strategy and Product, and has now been announced as President of Measure effective immediately. Stepler co-founded Measure with Br
WICHITA, Kan., May 24, 2021 (GLOBE NEWSWIRE) -- AgEagle™ Aerial Systems Inc. (NYSE:UAVS) ("AgEagle" or the "Company"), an industry leading drone solutions provider, today announced that its Board of Directors has named Brandon Torres Declet, current Chief Operating Officer of the Company, as its new Chief Executive Officer, effective immediately. He is succeeding J. Michael Drozd who has elected to leave AgEagle to pursue new career opportunities. Barrett Mooney, Chairman of the Board, stated, "Brandon is a proven leader with a distinguished track record of entrepreneurial success, innovation and talent development, as well as deep knowledge, influence and experience in the drone industry
10 eBee X lightweight mapping drones to support public safety and highway monitoring in the fourth largest road network in the worldNew customer award further validates defense & security strategy
Shares of Match Group, Inc. (NASDAQ:MTCH) rose sharply in today's pre-market trading. Starboard Value has taken a keen interest in Match Group. The hedge fund has accumulated a stake of over 6.5% in the online dating company and is advocating for a potential sale if the company's performance does not improve, The Wall Street Journal reported on Monday, citing people familiar with the matter. Match Group shares jumped 8% to $34.56 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers Conduit Pharmaceuticals Inc. (NASDAQ:CDT) gained 89.8% to $0.4556 in pre-market trading after declining over 8% on Monday. Meiwu Technology Company Limited (NA
Drones performed optimally over three days at Fort Irwin in the Mojave DesertWICHITA, Kan., July 02, 2024 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (NYSE:UAVS) ("AgEagle" or the "Company"), an industry-leading provider of best-in-class full stack flight hardware, sensors and software for commercial and government use, announced it recently completed a training exhibition for the Opposition Forces unit at the National Training Center (NTC) at Fort Irwin, California in the Mojave Desert.
20 eBee VISION full-stack systems for public safety and security in the Middle EastNew customer award further validates defense & security strategyWICHITA, Kan., June 18, 2024 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (NYSE:UAVS) ("AgEagle" or the "Company"), an industry-leading provider of best-in-class full stack flight hardware, sensors and software for commercial and government use, has announced that the Company has secured a purchase order to deliver 20 eBee VISION full-stack systems with control systems, batteries, backpacks, and limited spares, to a leading distributor in the United Arab Emirates (UAE). The value of this system contract is expected to be approximately $2 mill
Gainers Mesa Air Gr (NASDAQ:MESA) stock increased by 16.8% to $1.32 during Tuesday's pre-market session. The company's market cap stands at $54.0 million. Energy Focus (NASDAQ:EFOI) stock moved upwards by 10.85% to $1.94. The market value of their outstanding shares is at $9.1 million. Greenwave Tech Solns (NASDAQ:GWAV) stock increased by 9.72% to $2.03. The company's market cap stands at $25.8 million. Simpple (NASDAQ:SPPL) stock rose 7.91% to $0.68. The company's market cap stands at $11.0 million. AgEagle Aerial Sys (AMEX:UAVS) stock increased by 5.8% to $0.56. The company's market cap stands at $6.6 million. SOS (NYSE:SOS) shares increased by 5.2% to $0.82. The market value of thei
20 eBee VISION full-stack systems for public safety and security in the Middle EastNew customer award further validates defense & security strategyWICHITA, Kan., June 05, 2024 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (NYSE:UAVS) ("AgEagle" or the "Company"), an industry-leading provider of best-in-class full stack flight hardware, sensors and software for commercial and government use, has announced that the Company has secured a purchase order to deliver 20 eBee VISION full-stack systems with control systems, batteries, backpacks, and limited spares, to a leading distributor in the United Arab Emirates (UAE). The value of this system contract is expected to be approximately $2 mill
Gainers Getaround (NYSE:GETR) stock rose 17.0% to $0.21 during Friday's pre-market session. The market value of their outstanding shares is at $19.7 million. SOS (NYSE:SOS) stock moved upwards by 9.0% to $0.92. The market value of their outstanding shares is at $11.2 million. AgEagle Aerial Sys (AMEX:UAVS) shares increased by 8.16% to $0.68. The company's market cap stands at $8.0 million. Babcock & Wilcox (NYSE:BW) stock moved upwards by 7.96% to $1.22. The company's market cap stands at $108.4 million. Satellogic (NASDAQ:SATL) stock moved upwards by 6.41% to $1.16. The market value of their outstanding shares is at $107.3 million. Applied UV (NASDAQ:AUVIP) shares rose 6.12% to $1.56.
Gainers Mesa Air Gr (NASDAQ:MESA) shares moved upwards by 17.2% to $1.02 during Monday's pre-market session. The company's market cap stands at $41.7 million. iPower (NASDAQ:IPW) shares moved upwards by 11.41% to $3.22. The company's market cap stands at $96.0 million. As per the news, the Q3 earnings report came out 4 days ago. Staffing 360 Solutions (NASDAQ:STAF) stock moved upwards by 9.09% to $0.36. The company's market cap stands at $2.8 million. Greenwave Tech Solns (NASDAQ:GWAV) shares rose 9.02% to $0.17. The company's market cap stands at $25.3 million. Safe & Green Holdings (NASDAQ:SGBX) stock rose 8.02% to $5.48. The company's market cap stands at $7.3 million. As per the pre
U.S. Army Corps of Engineers (USACE) completed its training for National Guardsman utilizing the AgEagle eBee TAC drone, along with other UAVseBee TAC is the first fixed-wing drone to be added to the DIU Blue UAS list and cleared to fly over humansFive-day, 32-hour training program prepares future crewmembers to operate Unmanned Aviation Systems (UAS) inside the National Airspace System