AgEagle invests up to $14.95 million in ThirdEye Systems and forms counter-drone joint venture

AgEagle Aerial Systems Inc.

AgEagle (UAVS) will invest between $10.0 million and $14.95 million in ThirdEye Systems for ordinary shares and rights to shares.
AgEagle and ThirdEye Systems formed ThirdEye USA, LLC, a joint venture for counter-drone products to the U.S. and Canadian markets.
AgEagle owns 51% of ThirdEye USA and may appoint three of its five managers; ThirdEye USA will be operational by May 2026.
ThirdEye USA will operate out of AgEagle's headquarters in Allen, Texas, leveraging existing manufacturing and support infrastructure.

item 1.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

AgEagle Aerial Systems Inc. entered into JV Agreement with ThirdEye Systems Ltd. (effective 2026-04-13).

Action: entry
Agreement: collaboration
Counterparty: ThirdEye Systems Ltd.
Effective: 2026-04-13

Exact text from the filing

Pursuant to the terms of the Agreement, EagleNXT and ThirdEye Systems also entered into a joint venture agreement (the “JV Agreement”) on April 13, 2026 that provided for the formation of ThirdEye USA, LLC (“ThirdEye USA”) as a Delaware limited liability company.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

AgEagle Aerial Systems Inc. entered into Agreement with ThirdEye Systems Ltd. valued at aggregate amount between $10.0 million and $14.95 million (effective 2026-04-13).

Action: entry
Agreement: equity purchase
Counterparty: ThirdEye Systems Ltd.
Value: aggregate amount between $10.0 million and $14.95 million
Effective: 2026-04-13

Exact text from the filing

On April 13, 2026, AgEagle Aerial Systems Inc. (dba, EagleNXT) (the “Company” or “EagleNXT”) entered into a private placement agreement (the “Agreement”) with ThirdEye Systems Ltd. (“ThirdEye Systems”). Pursuant to the Agreement, the Company agreed to invest an aggregate amount between $10.0 million and $14.95 million (according to the ILS/U.S. dollar exchange rate of 3.03) in exchange for 3,268,608 ordinary shares and 1,618,227 rights to shares of ThirdEye Systems.

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Source: SEC EDGAR

accession 0001493152-26-016470

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