AgEagle Aerial Systems Appoints Aerospace Industry Veteran Matt Martin as New Vice President of Operations
September 01 2020 - 8:30AM
AgEagle Aerial Systems Inc. (NYSE American: UAVS)
(the “Company”), an industry leading provider of advanced UAVs and
aerial imagery, data collection and analytics solutions, today
announced the appointment of aerospace industry veteran Matt Martin
as new Vice President of Operations, effective immediately.
Reporting directly to the Company’s CEO J. Michael Drozd, Martin
will oversee all aspects of AgEagle’s fully integrated drone and
subcomponent manufacturing, assembly, design, engineering and
testing operations to be based in AgEagle’s newly leased facility
in Wichita, Kansas.
Martin stated, “I am very pleased to contribute
my extensive aerospace industry expertise to such a dynamic team
focused solely on leading the high-growth commercial
drone industry. Since 2010, AgEagle has pioneered early
advancements in the field of commercial UAVs.This positions the
Company well to drive global adoption of drones in a broad range of
industries and define entirely new standards of excellence for
drone production and their applications. I am looking forward to
playing a meaningful role in AgEagle’s future success.”
Martin brings to AgEagle over 30+ years of
manufacturing experience in the aerospace industry, with emphasis
on program engineering leadership and concentration on commercial
and military aircraft, large scale system integration and quality
systems controls, and compliance with complex regulatory
requirements. Prior to joining AgEagle, Martin served as Vice
President of Airbus Programs at Spirit AeroSystems, where he
orchestrated the vision of Airbus Programs worldwide. He was
originally recruited to Spirit Aerosystems in 2013 as Director of
Product Design Engineering before being promoted to Program
Director of the A350-900 Section 15 program. In this capacity, he
was a key leader in the program’s final certification, entry into
service and successful turnarounds in delivery, quality and
financial performance.
Prior to Spirit AeroSystems, Martin served as
Vice President at Hawker Beechcraft Defense Company, where he
spearheaded the execution of the Joint Primary Aircraft Training
Systems contract for the U.S. Air Force and U.S. Navy with an
overall value of approximately $1+ billion. Earlier in his career,
Martin rose through the ranks at Boeing, holding senior leadership
roles on key programs, including the International Space Station
Program, 767 Tanker/Transport Program and the Air Force One
Maintenance, Modifications and Upgrades Program.
Martin is the proud recipient of the Silver
Snoopy, a prestigious award bestowed by NASA on individuals who
have significantly contributed to the human space flight program to
ensure flight safety and mission success. Fewer than one percent of
the Aerospace program workforce receive it annually, making it a
special honor. Martin graduated from Wichita State
University, where he earned a Bachelor of Engineering Science in
Mechanical Engineering,
Commenting on the appointment, Drozd noted, “Our
leadership team unanimously agreed that Matt is the ideal
person to lead our commercial drone manufacturing operations. In
addition to his proven senior leadership experience and deep
engineering and manufacturing expertise, Matt clearly shares our
belief in the transformational potential that commercial drones
represent in many industries. Moreover, in view of AgEagle’s
commitment to scaling our drone manufacturing operations with
attention to the highest possible quality standards, there is no
doubt that he will contribute measurably to our Company’s growth
and long-term value creation. We are excited to welcome him to the
AgEagle family.”
About AgEagle Aerial Systems
Inc.Founded in 2010 and based in Kansas, AgEagle has
earned distinction as one of the industry’s leading pioneers of
technologically advanced drones and aerial imagery-based data
collection and analytics solutions. We are trusted to
help the world’s growers, consumer packaged goods companies
and their supply chain partners proactively assess and manage the
health of commercial crops, reduce the chemicals in produced foods
and products and preserve and protect natural resources. In
addition, we are at the leading edge of providing state and
territorial departments of agriculture, growers and processors with
registration, oversight, compliance/enforcement, and reporting
solutions relating to the United States’ emerging hemp cultivation
industry. In late 2019, we began pursuing expansion opportunities
within the emerging Drone Logistics and Transportation market with
the manufacture and assembly of UAVs designed to meet
specifications for drones that are meant to carry packaged goods in
urban and suburban areas. For more information, please
visit www.ageagle.com.
Forward-Looking StatementsThis
press release may contain “forward-looking statements” within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. Such statements involve
risks and uncertainties that could negatively affect our business,
operating results, financial condition and stock price. Factors
that could cause actual results to differ materially from
management’s current expectations include those risks and
uncertainties relating to our competitive position, the industry
environment, potential growth opportunities, and the effects of
regulation and events outside of our control, such as natural
disasters, wars or health epidemics. We expressly disclaim any
obligation or undertaking to release publicly any updates or
revisions to any forward-looking statements contained herein to
reflect any change in our expectations or any changes in events,
conditions or circumstances on which any such statement is based,
except as required by law.
Contacts:Investor
RelationsGateway Investor Relations Sean
Mansouri or Cody CreePhone: 949-574-3860Email:
UAVS@gatewayIR.com
Press/Media
ContactPrimo PRTara Coomans or Laura
NystromPhone: 424-278-9199Email:
media@ageagle.com
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