AgEagle Aerial Systems Sees Strong Sensor Sales Growth
AgEagle Aerial Systems Reports Success in Sensor Sales
From July to mid-August, sensor and sensor-related sales total $833,610.
AgEagle Aerial Systems Inc. (NYSE American: UAVS) is an industry-leading provider of complete flight hardware, sensors, and software solutions for both commercial and government applications. Recently, the company announced substantial sales growth, achieving a total of $833,610 from sensor and sensor-related accessory sales through its extensive network of Value Added Resellers (VAR) from July 1 to August 15, 2024. The sales included 87 units featuring various sensor models, such as the RedEdge-P, Altum-Pt, and RedEdge-P Dual sensors, along with a range of accessories.
Expansion Through Reseller Network
Bill Irby, President of AgEagle, expressed gratitude for the growth accomplished through their trusted VAR network, marking a noteworthy sales milestone for the company. He stated, "Our best-in-class multispectral, panchromatic, and thermal sensors are now integrated into over 150 different drones worldwide and distributed in over 70 countries. As we continue to meet the diverse needs of our commercial and government customers, we are eager to explore growth opportunities across our entire product line to better establish the company for long-term value for shareholders."
Highlighted Sensor Technologies
The company's portfolio features several advanced sensors optimized for various applications:
Altum-Pt Sensor - This sensor is an optimized 3-in-1 solution ideal for advanced remote sensing and agricultural research. It integrates a high-resolution 12 MP panchromatic sensor, a new thermal sensor, and five discrete spectral bands, all compliant with NDAA standards.
RedEdge-P Sensor - A high-resolution multispectral and RGB sensor that boasts a panchromatic band for sharp output resolutions of 2 cm (0.8 in) at 60 m (200 ft). It is equipped with five narrow multispectral bands and scientific-grade filters, making it suitable for calculating various vegetation indices and composites.
RedEdge-P Dual Sensor - This sensor offers 10 spectral bands for enhanced data comparison with satellite imagery. It serves as a high-resolution multispectral and RGB composite drone sensor, facilitating plant classification, weed identification, and environmental conservation analysis.
About AgEagle Aerial Systems
AgEagle Aerial Systems is dedicated to designing and delivering exceptional flight hardware, sensors, and software solutions that address critical issues faced by its clients. Established in 2010, the company initially focused on developing proprietary, professional-grade, fixed-wing drones and data collection solutions centered on aerial imagery analytics for the agricultural sector. Today, AgEagle stands as a prominent supplier of comprehensive drone solutions across numerous sectors, including energy, construction, agriculture, and government.
Commitment to Innovation
The ongoing commitment to innovation at AgEagle underscores the importance of continuous improvement and agility in responding to market demands. By leveraging its technological expertise, the company aims to enhance its range of products and solutions, meeting the evolving needs of customers worldwide.
Contact Information for AgEagle Aerial Systems
AgEagle Aerial Systems Contacts:
For Investor Relations: UAVS@ageagle.com
For Media Inquiries: media@ageagle.com
Frequently Asked Questions
What are the latest sales figures reported by AgEagle Aerial Systems?
AgEagle reported sensor and sensor-related sales totaling $833,610 from July 1 to August 15, 2024.
What sensor models contributed to AgEagle's sales?
The sales included multiple models such as RedEdge-P, Altum-Pt, and RedEdge-P Dual sensors.
How many countries does AgEagle’s sensors reach?
AgEagle's sensors are distributed in over 70 countries and have been integrated into over 150 different drones globally.
What sectors does AgEagle provide solutions for?
AgEagle provides solutions for various sectors, including energy, construction, agriculture, and government.
What is the core mission of AgEagle Aerial Systems?
The core mission of AgEagle is to design and deliver best-in-class flight hardware and software that addresses important challenges faced by clients.
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