AgEagle Announces eBee X™ is First Drone in its Class to Receive Design Verification Essential for BVLOS and Operations Over People From European Union Aviation Safety Agency
June 21 2022 - 8:45AM
AgEagle Aerial Systems Inc. (NYSE American:
UAVS) (“AgEagle” or the “Company”), an industry-leading provider of
full-stack drone, sensor and software solutions for commercial and
government/defense use, today announced that the European Union
Aviation Safety Agency (“EASA”) has issued a Design Verification
Report (“DVR”) establishing that eBee X of senseFly, SA, an AgEagle
company, meets Ground Risk Class (“GRC”) M2 mitigation
qualifications based on Specific Operation Risk Assessment (“SORA”)
methodology.
The eBee X is the industry’s first drone to
receive a DVR from EASA on M2 mitigation, paving the way for
European drone operators to seek approvals from their applicable
National Aviation Authorities to use the eBee X to fly Beyond
Vision Line of Sight (“BVLOS”) missions and conduct Operations Over
People (“OOP”).
The EASA design verification report demonstrates
that the eBee X meets the highest possible quality and ground risk
safety standards and, thanks to its lightweight design, effects of
ground impact are reduced. As such, drone operators conducting
advanced drone operations in 27 European Member States, Iceland,
Liechtenstein, Norway, and Switzerland can obtain the HIGH or
MEDIUM robustness levels of the M2 mitigation without additional
verification from EASA.
Adrian Marina, Land Surveyor with SysCAD
Solutions in Europe, stated, “We have a project involving capturing
data related to quarry excavation volume measurements which will
require multiple drone flights throughout the year. However, for
this operation to take place, we will require SORA authorization to
fly beyond visual line of sight and near a populated area. Now that
the eBee X has received the EASA DVR affirming its safety profile,
we can move forward with seeking regulatory clearances for this
important project. Moreover, as a reseller of eBee UAVs, we are
very excited about the growth opportunities this represents to our
firm and the benefits eBee’s M2 mitigation DVR will provide to both
current and prospective customers looking to launch or scale their
drone operations safely and efficiently.”
“This issuance of the DVR from EASA marks yet
another major accomplishment, further distinguishing our eBee line
of UAVs; and is a direct reflection of our team’s unwavering
commitment to innovation, quality and high performance,” noted
Barrett Mooney, AgEagle Chairman and CEO. “Regulatory constraints
relating to limitations of BVLOS and OOP have continued to be a
gating factor to widespread adoption of commercial drone
technologies across a wide range of industry sectors worldwide.
Being the first company to receive this DVR from EASA for M2
mitigation is a historic milestone for AgEagle and our industry in
the European Union and will be a key factor in fueling growth of
our customer base.”
AgEagle’s commitment to our demanding customers
has driven its focus to establish recognized centers of excellence
in drone airframes, sensors and software, which, in turn, has
resulted in the Company’s drone operations receiving official
ISO:9001 certification for its Quality Management System (QMS).
Meeting a wide variety of strict standards, AgEagle has
demonstrated that it delivers consistently high-quality products
and services in every aspect of its fixed-wing drone operations,
including design, manufacturing, marketing, sales and
after-sales. An international certification, ISO:9001
recognizes organizational excellence and good quality practices
based on a strong customer focus, robust process approach and proof
of continual improvement. The certification was achieved following
an extensive audit across our drone operations, led by the
Company’s dedicated in-house quality management team. The QMS was
developed over a two-year period by senseFly, outlining a framework
of policies, processes and procedures to help achieve the Company’s
high-performance objectives.
About AgEagle Aerial Systems
Inc.
AgEagle and its wholly owned subsidiaries are
actively engaged in designing and delivering best-in-class drones,
sensors and software that solve important problems for our
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 drone 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 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.
AgEagle Aerial Systems
Contacts:
Investor Relations: |
Media
Inquiries: |
Gateway Group, Inc. |
media@ageagle.com |
Matt Glover or Cody Cree |
|
Phone: 949-574-3860 |
|
Email: UAVS@gatewayIR.com |
|
AgEagle Aerial Systems (AMEX:UAVS)
Historical Stock Chart
From Aug 2024 to Sep 2024
AgEagle Aerial Systems (AMEX:UAVS)
Historical Stock Chart
From Sep 2023 to Sep 2024