UAVS AgEagle Aerial Systems Inc

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 a recent expansion upon its existing eBee X drone fleet for the Danish Ministry of Defence Acquisition and Logistics Organisation (DALO) with the sale and delivery of three eBee VISION drones.

AgEagle CEO Bill Irby commented, “DALO’s expansion of their existing eBee drone fleet underscores the reliability, performance, and versatility of our UAS in meeting the rigorous demands of military and defense applications. As we continue to demonstrate our ability to provide enhanced intelligence, surveillance, and reconnaissance capabilities, we expect to further solidify our presence in the defense market while building long-term value for all our stakeholders.”

The eBee VISION system is designed for real-time situational awareness for public safety and military intelligence, surveillance, and reconnaissance (ISR) applications. It is carried in a backpack, hand-launched, and is controlled by a single pilot for fast relocation and deployment in rapidly changing environments. The eBee VISION is capable of visual and thermal (IR) imaging, even when GPS satellites are unavailable or in GNSS-denied conditions. The two-way comms between operator and UAS are validated as cyber-secure with AES-256 encryption, which the U.S. government has named the encryption standard for government and military applications.

DALO is responsible for acquiring, maintaining, developing, and phasing out material capacities, ensuring timely provisions for Danish Defence operations. This acquisition included three complete units of eBee VISION to join the existing fleet of eBee X drones, which are already operational in their mapping missions. The final delivery to the client has been completed.

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, 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