Company Summary: AgEagle Aerial Systems Inc.

Overview

• Industry: Commercial Unmanned Aerial Systems (UAS), drones, sensors, and software solutions.
• Founded: 2010
• Headquarters: Wichita, Kansas, USA
• Manufacturing Location: Lausanne, Switzerland
• Employees: Approximately 50 full-time and 2 part-time (as of March 31, 2025).

Business Activities

• Core Focus: Designing, manufacturing, and delivering advanced autonomous drones (UAS), sensors, and software solutions.
• Market Sectors Served:
  • Agriculture
  • Military & Defense
  • Public Safety & First Responders
  • Surveying & Mapping
  • Utilities & Engineering
  • Land and Forestry Management
  • Environmental Monitoring

Key Product Lines

• uncrewed aerial vehicles (UAVs):

  • Proprietary fixed-wing drones such as eBee series (eBee X, eBee TAC, eBee Geo, eBee VISION)
  • Tactical drones like eBee TAC (used by U.S. Department of Defense, military, and government agencies)
  • Next-generation drones with advanced ISR capabilities (eBee VISION with thermal and high-resolution zoom)

• Sensors & Cameras:

  • Multispectral and thermal sensors (Altum-PT, RedEdge-P, RedEdge-Pdual)
  • Designed for precision agriculture, environmental, forest, and land management applications.
  • Proprietary sensor technologies recognized globally, distributed in over 75 countries.

• Software Solutions:

  • Flight management and data analytics platforms
  • Cloud-based SaaS offering (Measure Global’s “Ground Control” – ceased operations in 2024)

Market Position & Achievements

• Regulatory Milestones:

  • First approved drone to fly Beyond Visual Line of Sight (BVLOS) and Operations Over People (OOP) in multiple regions including U.S., Canada, Brazil, and EU.
  • Certified under FAA Category 3 regulations in the U.S. and Europe, enabling BVLOS and OOP flights.
  • eBee X is the first drone of its class to receive design verification from EASA for BVLOS and OOP operations.

• Customer Base & Market Reach:

  • Over 1 million drone flights globally using their eBee series.
  • Over 200 reseller partners in more than 75 countries.

• Military & Defense:

  • eBee VISION prototypes tested and delivered to European military units, ordered in 2023.
  • eBee TAC listed on U.S. Department of Defense’s Blue UAS program, procured without waivers.
  • Contracts and sales to government agencies and militaries, including the U.S. DIU and European armed forces.

• Revenue & Financials (2024):

  • Total revenue: $13.4 million (down slightly from $13.7 million in 2023).
  • Revenue breakdown:
    • Drones: ~$6.41 million
    • Sensors: ~$6.66 million
    • SaaS: ~$319,276
  • Net Loss (2024): $35.0 million (improved from $42.4 million in 2023).
  • Cash on hand: $3.6 million (as of December 31, 2024).

Strategic Focus

• Innovation through multiple Centers of Excellence in UAV software, sensors, and airframes.
• Growth via product development, international expansion, and acquisitions.
• Emphasis on “Made in America” manufacturing to meet demand caused by restrictions on Chinese-manufactured drones.
• Pursuit of regulatory approvals to expand operations globally, especially BVLOS and OOP capabilities.
• Target industries include military, defense, agriculture, environmental, public safety, and infrastructure.

Summary

AgEagle Aerial Systems Inc. designs and manufactures fixed-wing drones, multispectral thermal sensors, and software solutions for commercial and government clients worldwide. It holds a prominent position with regulatory firsts, large international reseller networks, and a growing military contract portfolio. The company pursues continuous technological innovation and expansion into new markets, with a focus on autonomous flight, regulatory compliance, and high-performance sensors. Despite operating losses and significant R&D and compliance costs, it maintains associated global assets, a diverse product portfolio, and strategic plans for growth.