Management of AgEagle Aerial Systems (UAVS) highlights the Company’s historic sales achievements and new strategic vision in a Letter to Shareholders from CEO Bill Irby. “Without question, 2024 has been a landmark year for AgEagle. We executed a new strategic plan for growth, implemented operational enhancements, and achieved historic sales orders and net profitability increases… Record Sales Achievements. We achieved three of the largest product orders in AgEagle’s history: 49 UAS eBee Drone order for the French military, 20 UAS Drone order for the UAE security forces, 60 RedEdge-P multispectral sensors for East Asia to conduct seaweed species research and red tide outbreak. Operational Highlights: As we celebrate these sales milestones, we are also proud of our focused execution of a new mission and vision reflecting our commitment to driving innovation and strengthening our industry leadership role. Most notably, as previously announced, we: Rebuilt our entire leadership team… Completed a $6.5M public offering… Garnered an invitation to the White House… Received Green UAS Certification from AUVSI… Exhibited our best-in-class unmanned aerial systems… Realized net profitability improvements comparing Q-3 2024 9-month financials against the same period for the pervious year.”
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Read More on UAVS:
- Ageagle Aerial Systems receives order of 60 RedEdge-P Multispectral Sensors
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- SEALSQ brings quantum technology to drone, UAV markets
- Ageagle Aerial Systems receives Green UAS certification
- AgEagle Aerial Systems trading resumes
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