AgEagle's stock tumbles after Q3 results show weaker revenues, rising costs and growing reliance on financing despite momentum in defense and sensor markets.
The deal strengthens UAVS's foothold in defense and public safety markets while enhancing Tough Stump's ARTEMIS kits with advanced aerial reconnaissance capabilities.
UAVS posts strong Q2 revenues and profit growth, but the stock plunges as investors question sustainability and market volatility.
| Technology Hardware, Storage & Peripherals Industry | Information Technology Sector | William G. Irby CEO | LSE Exchange | US00848K3095 ISIN |
| US Country | 50 Employees | 27 Mar 2018 Last Dividend | 15 Oct 2024 Last Split | 26 Mar 2018 IPO Date |
AgEagle Aerial Systems, Inc. is a pioneering company focused on the design and delivery of autonomous unmanned aerial systems (UAS). With operations spanning across the globe, AgEagle offers comprehensive solutions tailored for the energy/utilities, infrastructure, agriculture, and government sectors. The company's diverse operational framework is segmented into Drones and Custom Manufacturing, Sensors, and Software-as-a-Service (SaaS). Founded in 2010 and based in Wichita, Kansas, AgEagle has positioned itself as a leader in the development of innovative, unmanned aerial technologies designed to enhance operational efficiencies and data analysis across a wide range of industries.
AgEagle Aerial Systems, Inc. offers a broad array of products and services designed to meet the diverse needs of its clients in various sectors:
Includes a range of UAVs such as eBee Ag, eBee Geo, eBee TAC, and eBee X, engineered for precision, durability, and flexibility to suit different operational requirements across industries.
Features advanced imaging and sensory devices including Altum-PT, RedEdge-MX, RedEdge-MX Dual Camera Imaging System, RedEdge-P, Aeria X, Duet M, Duet T, S.O.D.A., S.O.D.A. 3D, and S.O.D.A. Corridor, designed to capture high-resolution, multispectral imagery and data for comprehensive environmental and situational analysis.
A subscription-based cloud analytics service that processes agricultural data collected by drones, offering farmers and agronomists crucial insights into crop health, growth patterns, and more.
An innovative web- and map-based technology platform that optimizes and standardizes the hemp cultivation process, facilitating regulatory compliance and operational efficiency.
Provides scalable drone operation workflow automation solutions for both individual pilots and large enterprises, ensuring efficient management of drone fleets and data.
A comprehensive drone flight and data management solution that simplifies the processing and analysis of aerial data for actionable insights.