AgEagle Aerial Programs Inc. (NYSE American: UAVS) (“AgEagle” or the “Firm”), an industry-leading supplier of full stack flight {hardware}, sensors and software program for industrial and authorities use, has introduced that the Firm has secured its largest single buy order to this point to ship 40 eBee VISION programs, and 9 different eBees, together with drones, sensors, datalinks, and management stations positioned by a reseller to the French Military, particularly tailor-made for public security, intelligence surveillance and reconnaissance missions. The income from this method contract is predicted to be roughly $3.4 million for fiscal yr 2024, making this the most important contract in AgEagle’s historical past.
“We consider this contract award additional validates our technique of protection progress, and the tailoring of our programs for intelligence, surveillance and reconnaissance missions,” stated Invoice Irby, AgEagle’s Chief Government Officer “Additional, this award leverages our years of working arm-in-arm with our clients and strengthens our place as a number one supplier of high-quality, quickly deployable unmanned car merchandise servicing each navy and non-military markets. We’re very proud to be aligned with the French Military.”
“We consider this strategic partnership is very useful for each events and broadcasts that AgEagle is a formidable long-term participant on this house,” stated Mark DiSiena, AgEagle’s Chief Monetary Officer. “Financially, the scale and gravity of the deal not solely gives an amazing enhance to our Firm’s income stream, however demonstrates our capacity to safe and fulfill bigger offers ought to they avail themselves.”
About AgEagle Aerial Programs Inc.
By way of its three facilities of excellence, AgEagle is actively engaged in designing and delivering best-in-class flight {hardware}, sensors and software program that clear up essential issues for its clients. Based in 2010, AgEagle was initially shaped to pioneer proprietary, professional-grade, fixed-winged drones and aerial imagery-based knowledge assortment and analytics options for the agriculture {industry}. At this time, AgEagle is a number one supplier of full stack drone options for purchasers worldwide within the power, development, agriculture, and authorities verticals.
For added data, please go to our web site at www.ageagle.com.
