Ageagle Aerial Systems Inc is a technology company specializing in drone-based solutions that cater to various industries, including agriculture, public safety, and infrastructure
The company designs and develops drone hardware and software systems that enhance aerial data collection, offering advanced analytics and mapping capabilities. Through its innovative drone technologies, Ageagle aims to provide businesses with efficient tools for monitoring landscapes, assessing crop health, conducting inspections, and improving operational workflows. The company focuses on leveraging the growing demand for drone applications to deliver actionable insights that drive productivity and decision-making across sectors.
PALM BEACH, Fla., Jan. 10, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - According to a Research and Markets recent article: “Rapid advancements in drone technology are significantly contributing to the drones market growth. Innovations such as artificial intelligence (AI), machine learning (ML), and improved sensor technology have enhanced the capabilities of drones, enabling them to perform more complex tasks with greater precision and efficiency. The integration of AI and ML, for instance, allows drones to analyze data in real-time, optimize flight paths, and make autonomous decisions. Farmers and agribusinesses are leveraging drone technology for precision farming, monitoring crop health, and optimizing the use of water and fertilizers. By providing real-time data on crop conditions, drones are helping farmers increase productivity while reducing resource wastage, thus driving market demand in the agricultural sector. Furthermore, advancements in battery technology and propulsion systems have improved the endurance and range of drones, allowing them to operate for longer periods and cover greater distances. With the development of more efficient and environmentally friendly drones, market players are focusing on delivering drones with enhanced payload capacities, durability, and flight times.” Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), AgEagle Aerial Systems Inc. NYSE: UAVSNYSEUAVS)(NASDAQ: PDYNNASDAQPDYN, ParaZero Technologies Ltd. (NASDAQ: PRZONASDAQ), Ondas Holdings Inc. (NASDAQ: ONDSONDS).
PALM BEACH, Fla., Jan. 02, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The global military drone market is witnessing rapid technological advancements, with significant improvements in drone capabilities such as endurance, payload capacity, and stealth features. Innovations in materials science, battery technology, and miniaturization are enabling drones to fly longer, carry heavier loads, and avoid detection more effectively. A report from Grand View Research predicted that the Global Military Drone Market Size is projected to grow at a CAGR of 13.8% from 2024 to 2030. The report said: “There is a growing trend towards the adoption of autonomous and semi-autonomous drone systems in military operations. Autonomous drones can perform complex missions with minimal human intervention, reducing the risk to personnel and increasing mission success rates. The development of sophisticated algorithms for navigation, target recognition, and obstacle avoidance is driving market growth. Military drones are increasingly being integrated with other defense systems to create a cohesive and interconnected battlefield environment. This integration includes linking drones with ground-based radar systems, manned aircraft, and naval vessels, enabling seamless data sharing and coordinated operations. The concept of network-centric warfare, where various military assets are interconnected through a robust communication network, is driving market growth.” Active Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), AgEagle Aerial Systems Inc. NYSE: UAVSNYSEUAVS)(NASDAQ: RCATNASDAQRCAT, Ondas Holdings Inc. (NASDAQ: ONDSNASDAQ), Draganfly Inc. (NASDAQ: DPRODPRO) (CSE: DPRO).
PALM BEACH, Fla., Nov. 22, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Military warfare today is shifting from the conventional notion that better firepower provides an edge on the battlefield, to which side has the better intelligence, surveillance, and reconnaissance (ISR) capabilities. This phase of electronic warfare has created a huge demand for the use of Military Drones (UAVs) in the military sector. UAVs do not need a crew on-board for flight, and can be autonomous or remotely-controlled by human personnel from a safe distance. A recent industry report on Military Drones said that: “Aside from ISR, UAVs are also employed for offenses. UAVs as big as a small aircraft have the capacity to carry missiles into the battlefield, while autonomous UAVs, also called drones, which can be the size of a wingspan of a bird, are used for kamikaze warfare. Such capabilities make drones a must-have for any military, allowing for major push-back to the enemy from the safety of the ground stations. For instance, in April 2023, Ukraine announced that it had procured over 300 DJI Mavic 3T UAVs and send on the front lines. The thermal and zoom capabilities of these UAVs make them ideal to gather intelligence on ground zero.” Military Drones added that: “By Product Type: Fixed Wing Segment to Hold Major Share Owing to its Increasing Use for Long Distance Operations - By product type, the market is classified into rotary wing, fixed wing, and hybrid wing. The fixed wing segment held the highest share of the military drone market in 2023 and is expected to continue its dominance during the projected period. Compared to VTOL UAVs, fixed-wing aircraft are able to carry heavier loads for longer flight times while using less power. This implies they are best suited for missions, including mapping, strategic defense, defense, and surveillance, which require high durability. Various military authorities globally use it to great effect in the defense industry. All these factors drive the segment growth during the projected period.” Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), AgEagle Aerial Systems Inc. NYSE: UAVSNYSEUAVS)(NYSE: LMTNYSELMT, RTX Corporation (NYSE: RTXNYSE), Red Cat Holdings, Inc. (NASDAQ: RCATRCAT).
AgEagle Aerial Systems Inc (AMEX:UAVS) shares are soaring Thursday after the company announced new purchase orders from U.S. defense and security customers.
PALM BEACH, Fla., Oct. 31, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The commercial drone industry is witnessing rapid growth and transforming various sectors such as agriculture, delivery and logistics, and energy among others. Advancements in drone technologies have led to increased demand and utilization in industries such as filming, emergency response, construction, and real estate. Additionally, drone software solution providers and manufacturers are continuously innovating and upgrading their offerings to cater to diverse market needs. As governments establish regulatory frameworks, the integration of drones into industries is expected to accelerate. This, in turn, is likely to create lucrative opportunities for market expansion over the forecast period. A report from Grand View Research projected that the U.S. commercial drone market size is expected to grow at a compound annual growth rate (CAGR) of 9.1% through 2030. The report said: “Furthermore, favorable legislations and rising use of commercial drones by authorities in the U.S. is expected to attract various industries to utilize drones for different processes. Similarly, government authorities across the region are constantly working on framing new regulations for the commercial applications of drones. This is attributed to increased focus on the adoption of commercial drones due to their economic potential, while prioritizing the safety and security of the country. This, in turn, is anticipated to drive the U.S. commercial drone market growth over the forecast period.” Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), Kratos Defense & Security Solutions, Inc. NASDAQ: KTOSNASDAQKTOS)(NYSE: UAVSNYSEUAVS, EHang Holdings Limited (NASDAQ: EHNASDAQ), Ondas Holdings Inc. (NASDAQ: ONDSONDS).
