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AgEagle Aerial Systems Highlights Historic Sales Achievements and New Strategic Vision in 2024

GlobeNewswire LogoGlobeNewswire11h ago

AgEagle Aerial Systems Highlights Historic Sales Achievements and New Strategic Vision in 2024 - GlobeNewswire

Quick Summary:

Day, Brent Klavon and Kevin LowdermilkCompleted a $6.5M public offering, providing working capital, and helping to reduce debt on our balance sheetGarnered an invitation to the White House to engage in strategic discussions regarding the future of commercial unmanned aerial vehicles (UAVs) with government officials from the National Security Council and National Economic Council to explore a variety of issues including supply chain security, manufacturing, and policies related to beyond visual line of sight operations (BVLOS) in U.S. airspaceReceived Green UAS Certification from AUVSI, verifying our cybersecurity protection and supply chain risk in concert with NDAA complianceExhibited our best-in-class unmanned aerial systems (UAS), sensors and software solutions at a variety of prestigious exhibition events organized by key partners including NATO, U.S.

Refined mission yields record orders and significant net profitability improvements  WICHITA, Kan., Dec.23, 2024 (GLOBE NEWSWIRE) -- Management of 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, highlights the Company’s historic sales achievements and new strategic vision in a Letter to Shareholders from CEO Bill Irby.

Record Sales Achievements We achieved three of the largest product orders in AgEagle’s history: 49 UAS eBee Drone order for the French military20 UAS Drone order for the UAE security forces60 RedEdge-P multispectral sensors for East Asia to conduct seaweed species research and red tide outbreak Operational Highlights As we celebrate these sales milestones, we are also proud of our focused execution of a new mission and vision reflecting our commitment to driving innovation and strengthening our industry leadership role.

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Article Details

Author / Journalist: AgEagle Aerial Systems, Inc.

Category: Technology

Markets:

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News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-23 @ 13:00:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 718 words

Reading Time: 4 minutes read

Sentences: 23 lines

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Copyright Owner: © GlobeNewswire

News ID: 24597363

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