AgEagle Aerial Systems Inc.

AgEagle Aerial Systems Inc. announced that its Chief Operating Officer, Brent Pope, has notified the company of his intention to retire. His retirement is effective November 30, 2026. The company stated that Mr. Pope's decision was not prompted by any disagreements regarding the company's operations, policies, or practices. Mr. Pope is expected to assist in the transition of his duties until his retirement date, and AgEagle will begin searching for a replacement.

EagleNXT (dba AgEagle Aerial Systems Inc.) announced the reintroduction of its MicaSense RedEdge-MX multispectral sensor, a customer favorite, to meet growing demand in precision agriculture, environmental monitoring, and research. The enhanced sensor features modern technology interfacing, greater durability, and updated performance. Production will occur in the company's Allen, TX facility, and it is now available for order.

AgEagle Aerial Systems Inc. (EagleNXT) announced the sale of two eBee VISION ISR UAS systems and three eBee TAC tactical mapping drones to an unnamed customer in the ASEAN region. This strategic sale highlights the increasing international demand for EagleNXT's lightweight, rapidly deployable, and cyber-secure unmanned aircraft systems. The drones will provide real-time situational awareness and high-performance tactical mapping for defense, security, and operational needs, reinforcing EagleNXT's expanding global presence with NDAA-compliant solutions.

EagleNXT provided a shareholder update on its strategic progress and accelerating second-quarter momentum, driven by significant advancements in defense and commercial markets. The company secured three U.S. Army awards, commenced production and deliveries from its Allen, Texas facility, and launched a counter-drone joint venture with ThirdEye USA. Additionally, EagleNXT made a strategic investment in Aerodrome Group Ltd. and is advancing its eBee TAC and eBee VISION products toward U.S. Army Blue UAS Marketplace listing, expecting materially stronger results through the balance of the year.

EagleNXT provided an update on its strategic progress and accelerating Q2 2026 momentum, securing three U.S. Army awards that are providing immediate revenue. The company's new Allen, Texas production facility is now operational, manufacturing and shipping eBee VISION units. EagleNXT also launched ThirdEye USA, a counter-drone joint venture with a 51% controlling interest and a $10 million investment, targeting full operations by May 2026. Additionally, the company made a strategic investment in Aerodrome Group for loitering munitions and is developing new sensor models and jam-resistant capabilities for its platforms, expecting stronger results through the balance of the year.

AgEagle Aerial Systems Inc. (now EagleNXT) reported a significant decline in Q1 2026 revenues, falling 61.6% to $1.40 million from $3.65 million in Q1 2025. Despite increased operating losses, the company achieved a net income of $1.42 million, primarily driven by a $6.48 million unrealized gain on a new equity investment in Aerodrome Group Ltd. (ARDM). AgEagle also announced a strategic framework for a joint venture with ARDM to distribute uncrewed systems in North America, with AgEagle holding a 51% stake. The company's cash balance at period-end was $26.91 million, and management believes its liquidity is sufficient for the next twelve months.

AgEagle Aerial Systems (dba EagleNXT) announced the sale of three eBee VISION UAS kits to the U.S. Army's 7th Army Training Command. This order represents the fourth consecutive multi-unit order from the U.S. Army, bringing the total number of eBee VISION unmanned systems ordered by the Army to thirty-four across six distinct organizations. The lightweight, NDAA-compliant platforms will enhance training realism and unit readiness, providing real-time situational awareness with HD video and thermal imagery.

AgEagle Aerial Systems Inc. (UAVS) announced its Annual Meeting of Stockholders will be held virtually on June 15, 2026, at 1:00 p.m. Eastern Time. Stockholders of record as of April 23, 2026, are eligible to vote on proposals including the election of five directors, an advisory vote on executive compensation, and the ratification of Grassi & Co., CPAs, P.C. as the independent accountants for the fiscal year ending December 31, 2026. The Board unanimously recommends voting "FOR" all proposals.

AgEagle Aerial Systems Inc. (EagleNXT) invested between $10.0 million and $14.95 million in ThirdEye Systems Ltd., acquiring ordinary shares and rights to shares. Concurrently, the companies formed ThirdEye USA, LLC, a joint venture where AgEagle holds a 51.0% stake and controls three of five management positions. This new entity will focus on providing counter-drone products and systems to the U.S. and Canadian markets, with operations expected to begin by May 2026.

AgEagle Aerial Systems Inc. (EagleNXT) has invested between $10.0 million and $14.95 million in ThirdEye Systems Ltd. through a private placement, acquiring ordinary shares and rights to shares. Concurrently, the companies formed a joint venture, ThirdEye USA, LLC, to supply counter-drone products and systems to the U.S. and Canadian markets. AgEagle will hold a 51.0% ownership stake in ThirdEye USA and expects the entity to be operational by May 2026.