AgEagle Aerial Systems Appoints Chairman Grant Begley as Interim CEO
January 16 2024 - 8:00AM
AgEagle Aerial Systems Inc. (NYSE: UAVS) a leading provider of
full stack drone, sensors and software solutions for customers
worldwide in the commercial and government verticals, today
announced the appointment of Company Chairman Grant Begley to
Interim Chief Executive Officer position, effective January 1,
2024.
Commenting on the appointment, Begley stated, “I
am honored to lead the Company marked by its deep Unmanned Aerial
System (“UAS”) technology heritage. I look forward to working
closely with the Board, senior leadership, and the many talented
employees of AgEagle to usher a new chapter of growth for all our
stakeholders. Together, we will capitalize on the growing interest
from government and military agencies worldwide in
AgEagle’s eBee VISION as well as increasing investments in
leading UAS solutions by military and public safety organizations
worldwide. I am eager to build upon the success of previous
management as I leverage my industry expertise and longstanding
relationships within the global defense industry to help build
long-term shareholder value.”
Grant has served as a member of the Board since
June 2016 and was elected Chairman in October 2023. He is an
accomplished and globally recognized expert in Aerospace, Unmanned
Systems and Robotics, currently serving as President of Concepts to
Capabilities Consulting, LLC, a specialty consulting firm he
founded in 2011 to help lead and guide development of new
capabilities in Aerospace and Unmanned Aerial System (“UAS”)
technologies for government/defense and commercial clients.
An active Board member of Vaya Space since 2015,
Grant also served as the vortex-hybrid rocket company’s CEO from
2018 through 2022. Previous senior leadership roles have included
Chief Business Development Officer and SVP of Alion Science and
Technology, where he helped develop Alion’s $1 billion annual
revenue Business Development Enterprise; Pentagon Senior Advisor
for Unmanned Systems at the U.S. Department of Defense; Senior
Director of Mission Systems Integration at Raytheon, where he led
the Company’s cross-functional and cross-organizational integration
of Digital Systems, Avionics, Electronics and Software operations;
and Director of Advanced Concepts at Lockheed Martin, where he
architected and steered development programs in the areas of UAS,
Advanced Energetics and future generation weapon systems.
Retiring from the United States Navy after 26
years of service as an officer, Grant led operational assignments
flying fighter aircraft, designated Top Gun, followed by
assignments relating to development and management of next
generation manned and unmanned aerial systems, weapon systems and
joint executive acquisitions. During his distinguished military
career, he also served as Director of Stealth, Counter Stealth
Technology, Policy and Advance Programs; as well as and Joint and
Navy Director of Tactical Aircraft, Missiles and UAS, managing and
directing operations with an annual budget of $4 billion and a $30
billion future year budget plan.
Grant holds Master’s degrees in Aerospace and
Aeronautic Engineering from the Naval Post-Graduate School and a
Bachelor’s degree in General Engineering from the U.S. Naval
Academy. From March 2011 to December 2021, he served as a member of
the Board of Directors for the Association for Uncrewed Vehicle
Systems International (“AUVSI”). AUVSI is the global leader for
enhancing the advancement of uncrewed, robotic and autonomous
systems for the benefit of humanity, the environment and
economy.
About AgEagle Aerial Systems
Inc.:
Through its three centers of excellence, AgEagle
is actively engaged in designing and delivering best-in-class
flight hardware, sensors and software that solve important problems
for its 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 Statements
This 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:Email: UAVS@ageagle.comMedia:Email: media@ageagle.com
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