AgEagle invests 9.2M NIS in Aerodrome for loitering munitions; plans US JV

AgEagle Aerial Systems Inc.

Purchased 11,523,750 Aerodrome shares at 0.80 NIS each, aggregate 9,219,000 NIS.
Plans to form US-based joint venture to distribute autonomous systems in US/Canada.
Aerodrome specializes in autonomous precision loitering munitions for defense.
Investment subject to customary closing conditions; JV requires regulatory approvals.
CEO Bill Irby says deal enhances EagleNXT's capabilities in defense technologies.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

AgEagle Aerial Systems Inc. entered into Agreement with Aerodrome Group Ltd. valued at 9,219,000 NIS (effective 2026-03-04).

Action: entry
Agreement: equity purchase
Counterparty: Aerodrome Group Ltd.
Value: 9,219,000 NIS
Effective: 2026-03-04

Exact text from the filing

the Company purchased 11,523,750 ordinary shares of Aerodrome at a price of 0.80 NIS per share for an aggregate of 9,219,000 NIS

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336 material agreements filed in the last 30 days. Browse all material agreements →

AgEagle Aerial Systems Inc. filing history →

Source: SEC EDGAR

accession 0001493152-26-009057

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