AgEagle Aerial Systems Provides Positive Update on Sensor Sales
August 22 2024 - 9:00AM
AgEagle Aerial Systems Inc. (NYSE American: UAVS)
(“AgEagle” or the “Company”), an industry-leading provider of
full stack flight hardware, sensors and software for commercial and
government use, announces the Company has sold $833,610 of sensors
and sensor-related accessories through its vast network of Value
Added Resellers (“VAR”) from July 1, 2024 to Aug 15, 2024. The
Company closed sales of 87 sensors, including RedEdge-P, Altum-Pt
and RedEdge-p Dual sensors and a variety of accessories.
Bill Irby, AgEagle President, stated, “We are
grateful for the accretive growth achieved through our trusted VAR
network as the Company achieves another notable sales milestone.
Our best-in-class multispectral, panchromatic and thermal sensors
are now integrated in over 150 different drones worldwide and
distributed in over 70 countries. As our sensor products continue
to fulfill the diverse needs of our commercial and government
customers, we look forward to pursuing growth across our entire
product line to best position the company for long-term shareholder
value.”
Altum-Pt Sensor™ - Optimized 3-in-1 solution for
advanced remote sensing and agricultural research. Seamlessly
integrates a 12 MP high-resolution panchromatic sensor, a new
thermal sensor that provides twice the ground resolution of the
previous Altum, and five discrete spectral bands. NDAA
compliant.
RedEdge-P Sensor™ - High-resolution
multispectral and RGB sensor features a high-resolution
panchromatic band for pan-sharpened output resolutions of 2 cm /
0.8 in at 60 m / 200 ft. Its five narrow multispectral bands with
scientific-grade filters make it the perfect camera for calculating
multiple vegetation indices and composites.
RedEdge-P Dual™ - Features 10 spectral bands for
enhanced data comparison with satellites. High-resolution
multispectral and RGB composite drone sensor for plants
classification, weeds identification, environmental research and
conservation, and vegetation analysis of water bodies.
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,
our ability to fulfill all orders, the timing of completion of
orders, 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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