AgEagle Aerial Systems, Inc. Common Stock (UAVS)

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Customer-Outcome Focused Innovation Remains at the Core of AgEagle's Product Development Strategy

Leading Panchromatic Camera Kit Integrated with WingtraOne Gen II VTOL DroneProvides Users with Optimal Spectral and Spatial Resolution for Commercial Aerial Mapping

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Allows Company to Sell Unmanned Aerial Systems ("UAS") Directly to Federal Department of Defense and Government Agencies Nationwide

PALM BEACH, Fla., Nov. 22, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Military warfare today is shifting from the conventional notion that better firepower provides an edge on the battlefield, to which side has the better intelligence, surveillance, and reconnaissance (ISR) capabilities. This phase of electronic warfare has created a huge demand for the use of Military Drones (UAVs) in the military sector. UAVs do not need a crew on-board for flight, and can be autonomous or remotely-controlled by human personnel from a safe distance. A recent industry report on Military Drones said that: “Aside from ISR, UAVs are also employed for offenses. UAVs as big as a small aircraft have the capacity to carry missiles into the battlefield, while autonomous UAVs, also called drones, which can be the size of a wingspan of a bird, are used for kamikaze warfare. Such capabilities make drones a must-have for any military, allowing for major push-back to the enemy from the safety of the ground stations. For instance, in April 2023, Ukraine announced that it had procured over 300 DJI Mavic 3T UAVs and send on the front lines. The thermal and zoom capabilities of these UAVs make them ideal to gather intelligence on ground zero.” Military Drones added that: “By Product Type: Fixed Wing Segment to Hold Major Share Owing to its Increasing Use for Long Distance Operations - By product type, the market is classified into rotary wing, fixed wing, and hybrid wing.  The fixed wing segment held the highest share of the military drone market in 2023 and is expected to continue its dominance during the projected period. Compared to VTOL UAVs, fixed-wing aircraft are able to carry heavier loads for longer flight times while using less power. This implies they are best suited for missions, including mapping, strategic defense, defense, and surveillance, which require high durability. Various military authorities globally use it to great effect in the defense industry. All these factors drive the segment growth during the projected period.”   Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), AgEagle Aerial Systems Inc. NYSE: UAVSNYSEUAVS)(NYSE: LMTNYSELMT, RTX Corporation (NYSE: RTXNYSE), Red Cat Holdings, Inc. (NASDAQ: RCATRCAT).

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Company's Leadership to Host Corporate Update Via Live Audio

PALM BEACH, Fla., Oct. 31, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The commercial drone industry is witnessing rapid growth and transforming various sectors such as agriculture, delivery and logistics, and energy among others. Advancements in drone technologies have led to increased demand and utilization in industries such as filming, emergency response, construction, and real estate. Additionally, drone software solution providers and manufacturers are continuously innovating and upgrading their offerings to cater to diverse market needs. As governments establish regulatory frameworks, the integration of drones into industries is expected to accelerate. This, in turn, is likely to create lucrative opportunities for market expansion over the forecast period. A report from Grand View Research projected that the U.S. commercial drone market size is expected to grow at a compound annual growth rate (CAGR) of 9.1% through 2030. The report said: “Furthermore, favorable legislations and rising use of commercial drones by authorities in the U.S. is expected to attract various industries to utilize drones for different processes. Similarly, government authorities across the region are constantly working on framing new regulations for the commercial applications of drones. This is attributed to increased focus on the adoption of commercial drones due to their economic potential, while prioritizing the safety and security of the country. This, in turn, is anticipated to drive the U.S. commercial drone market growth over the forecast period.” Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), Kratos Defense & Security Solutions, Inc. NASDAQ: KTOSNASDAQKTOS)(NYSE: UAVSNYSEUAVS, EHang Holdings Limited (NASDAQ: EHNASDAQ), Ondas Holdings Inc. (NASDAQ: ONDSONDS).

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With Commercial Availability on Pace for Mid-2023, AgEagle Continues Live Demonstrations and Early Deliveries of Innovative New Intelligence, Surveillance and Reconnaissance Drone for Government and Armed Forces Throughout U.S. and Europe

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TORTOLA, British Virgin Islands, Nov. 17, 2023 (GLOBE NEWSWIRE) -- SEALSQ Corp (Nasdaq: LAES) (“SEALSQ” or “Company”), a company that focuses on developing and selling Semiconductors, PKI and Post-Quantum technology hardware and software products, and AgEagle (NYSEUAVS) a leading provider of full stack drone, sensors and software solutions for customers worldwide in the commercial and government verticals, today announced their partnership to provide secure surveillance drones for public safety, government and defense applications.

PALM BEACH, Fla., Oct. 02, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The AI in Drone Technology involves the integration of artificial intelligence with drone technology to enhance the capabilities of drones in various applications, such as military and defense, agriculture, logistics, government, industrial sectors and construction. In fact, a recent report (August 2024) from market.us said that the Global AI in Drone Technology Market size is expected to be worth around USD 206.9 Billion by 2033, from USD 12.5 Billion in 2023, growing at a CAGR of 32.4% during the forecast period from 2024 to 2033. The report said: “The AI in Drone Technology Market focuses on the integration of artificial intelligence into drone operations. AI enhances drone capabilities in areas such as navigation, data collection, and autonomous decision-making. This market is growing rapidly as industries recognize the potential of drones to improve efficiency and reduce costs. Key applications of AI in this market include precision agriculture, aerial surveillance, and delivery services. AI-driven drones can analyze vast amounts of data in real-time, enabling more accurate decision-making and faster response times. Industries such as agriculture, logistics, and defense are major adopters.”   Active AI/Drone Tech Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), AeroVironment, Inc. NASDAQ: AVAVNASDAQAVAV)(NASDAQ: DPRONASDAQDPRO, Red Cat Holdings, Inc. (NASDAQ: RCATNASDAQ), AgEagle Aerial Systems Inc. (NYSE: UAVSUAVS).

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WICHITA, KS / ACCESSWIRE / June 6, 2023 / AgEagle Aerial Systems Inc. (NYSE American:UAVS) ("AgEagle" or the "Company"), an industry-leading​ provider of full stack flight hardware, sensors and software for commercial and government use, today announced the pricing of 16,720,000 shares of common stock and 25,080,000 common stock purchase warrants (the "common warrant") to purchase 25,080,000 shares of common stock at a combined price of $0.25 per share and accompanying common warrants for aggregate gross proceeds of approximately $4.2 million, before deducting placement agent fees and other offering expenses. The warrants will have an exercise price of $0.38 per share, will be initially exercisable beginning six months following the date of issuance and will expire five years from the initial exercise date.

WICHITA, KS / ACCESSWIRE / May 16, 2023 / AgEagle Aerial Systems Inc. (NYSE American:UAVS) ("AgEagle" or the "Company"), an ​industry-leading​ provider of full stack flight hardware, sensors and software for commercial and government use, today announced that, as previously disclosed in its annual report on Form 10-K for the fiscal year ended December 31, 2022, which was filed with the Securities and Exchange Commission on April 4, 2023, the audit opinion contained a going concern qualification from the Company's independent registered public accounting firm. This announcement is being made solely to comply with the New York Stock Exchange's Company Guide Sections 401(h) and 610(b), which require separate disclosure of receipt of an audit opinion that contains a going concern qualification. This announcement does not represent any change or amendment to the Company's 2022 audited financial statements or to its 2022 annual report on Form 10-K.

WICHITA, KS / ACCESSWIRE / May 15, 2023 / AgEagle Aerial Systems Inc. (NYSE American: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.

WICHITA, KS / ACCESSWIRE / May 9, 2023 / AgEagle Aerial Systems Inc. (NYSE American:UAVS) ("AgEagle" or the "Company"), an ​industry-leading​ provider of full stack flight hardware, sensors and software for commercial and government use, will host a webcast on Tuesday, May 16, 2023 at 4:30 p.m. Eastern Time to discuss recent operational developments and its financial results for the first quarter ended March 31, 2023.

WICHITA, KS / ACCESSWIRE / April 27, 2023 / AgEagle Aerial Systems Inc. (NYSE American:UAVS) ("AgEagle" or the "Company"), an industry-leading provider of full stack flight hardware, sensors, and software for commercial and government use, today announced that the Company has won a federal contract from the U.S. Department of Defense's ("DoD") Defense Innovation Unit ("DIU") to produce and deliver eBee™ VISION fixed-wing drones and customized command and control software that proves compatible and is in full compliance with the DoD Robotic and Autonomous System-Air Interoperability Profile ("RAS-A IOP").

WICHITA, KS / ACCESSWIRE / April 3, 2023 / AgEagle Aerial Systems Inc. (NYSE American:UAVS) ("AgEagle" or the "Company"), an industry-leading provider of full stack flight hardware, sensors, and software for commercial and government use, today released Field Check for the Measure Ground Control mobile app and announced new pricing tiers for the software.

WICHITA, KS / ACCESSWIRE / March 23, 2023 / AgEagle Aerial Systems Inc. (NYSE American:UAVS) ("AgEagle" or the "Company"), an ​industry-leading​ provider of full stack flight hardware, sensors and software for commercial and government/defense use, will host a webcast on Tuesday, April 4, 2023 at 4:30 p.m. Eastern Time to discuss recent operational developments and its financial results for the full year ended December 31, 2022.

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