Highest-materiality recent filing
EagleNXT secures three U.S. Army eBee VISION orders, opens Texas plant, launches ThirdEye USA JV
Three U.S. Army contracts in Q2: 9 eBee VISION kits to Fort Irwin, 15 systems to Europe unit — providing immediate revenue.
AgEagle invests up to $14.95 million in ThirdEye Systems and forms counter-drone joint venture
AgEagle (UAVS) will invest between $10.0 million and $14.95 million in ThirdEye Systems for ordinary shares and rights to shares.
AgEagle (UAVS) FY2025 net loss narrows 85% to $5.3M; gross margin expands to 51.8%
Revenue $12.8M (down 4.3% YoY) but drone product sales +35% to $1.6M increase.
AgEagle invests 9.2M NIS in Aerodrome for loitering munitions; plans US JV
Purchased 11,523,750 Aerodrome shares at 0.80 NIS each, aggregate 9,219,000 NIS.
Amendment removes 31-trading-day waiting period between additional Series G preferred share purchases; purchases now allowed at any time.
Initial closing on Nov 10: sold 12,000 Series G shares at $1,000 stated value, gross proceeds $12M.
Initial closing of 12,000 shares; additional 88,000 shares subject to stockholder approval and buyer election.
AgEagle Q2 revenue $4.2M (+23.7%); drone sales +92%; net income $5.78M vs loss $9.24M
Net income of $5.78M in Q2 2025 vs net loss of $9.24M in Q2 2024; gain on warrant liability was primary driver.
NYSE American accepts AgEagle compliance plan; stock gets '.BC' designation
Stockholders' deficit was $5.7M as of Dec 31, 2024; losses in five most recent fiscal years.
AgEagle dismisses Withum as auditor, appoints Grassi; cites material weakness, going concern
Withum dismissed July 2, 2025; Grassi appointed effective July 9, 2025 for FY2025 audit.
AgEagle swings to Q1 profit of $7.06M; revenue slips 6% to $3.65M
Net income $7.06M vs net loss $6.32M in Q1 2024; gain on warrant liabilities drove swing.
AgEagle receives NYSE American non-compliance notice; stockholders' deficit of $5.7M
As of Dec 31, 2024, stockholders' deficit of $5.7M; losses in five most recent fiscal years.
AgEagle appoints Alison Burgett CFO with $225K salary, $25K RSU awards
Burgett appointed CFO effective April 14, 2025; previously served as Controller since April 2024.
AgEagle FY2024 revenue $13.4M, operating loss narrows; record military orders booked
FY2024 revenue $13.4M (-2.2% YoY); gross profit up 14.5% to $6.3M.
AgEagle enters $1M funding agreement with Alpha; extends AIR to June 2026, registers 5.5M shares
Alpha exercises $1M AIR for 1,000 Series F Preferred shares; convertible into 450,390 common shares at $2.2203 per share.
AgEagle shareholders approve 40× increase in authorized shares to 200M and stock issuance >20%
Authorized common stock increased from 5M to 200M shares via Certificate of Amendment.
AgEagle appoints Interim CFO Anderson and COO Pope; CFO DiSiena resigns
Mark DiSiena resigned as CFO effective Nov 15, 2024; Adrienne Anderson appointed Interim CFO and Principal Accounting Officer.
Non-reliance on audited financials for fiscal years 2022 and 2023, and quarterly periods from March 2023 to June 2024.
Notice dated Oct 30, 2024: Board not 50% independent and Audit Committee lacks two independent members.
Completed a $6.5M capital raise and a 50:1 reverse stock split; trading resumed on October 4.
Three directors and CFO resign at AgEagle; searches underway
Directors Thomas Gardner, Kelly Anderson, and Malcolm Frost resigned from board and committees, effective Oct 17, 2024.
Reverse stock split at 1:50 ratio approved by Board on Oct 3, 2024; effective Oct 14, 2024 at 5:00 p.m. ET.
AgEagle closes $6.5M public offering; restructures $4.85M convertible note with Alpha Capital
Offered 26.9M units at $0.24/unit; gross proceeds $6.5M before fees; placement agent fee 8%.
AgEagle prices $6.5M public equity offering of 26.9M units at $0.24/unit
Gross proceeds ~$6.5M; each unit includes common share (or pre-funded warrant) + Series A & B warrants.
AgEagle reports $800k sensor purchase orders, $600k shipped in July–mid-August
July 1–Aug 15 sensor purchase orders total ~$800k, of which ~$600k shipped to date.
Principal increased by $586,286.90 to $4,850,828.90, including $159,832.70 accrued interest and $426,454.20 liquidated damages.
AgEagle enters $1.89M future receipts sale; receives $1.31M net proceeds
Sold $1.89M of future receipts at a discount price of $1.3125M, netting ~$1.31M in cash.
On May 31, 2024, AgEagle entered an Assignment Agreement transferring $525,000 of investment rights from Alpha Capital to new institutional/accredited investors.
AgEagle eBee TAC drone used by US Army Corps of Engineers for National Guard training
USACE completed 5-day, 32-hour UAS Basic Qualification Course for National Guard CBRN CERFP soldiers at Redstone Arsenal.
AgEagle receives $3.4M drone order from French Army reseller, largest in history
Largest single purchase order: ~$3.4M revenue for FY2024.
AgEagle appoints Bill Irby as CEO; Alpha invests $1.05M in Series F preferred stock
Bill Irby promoted from President to CEO effective April 15, 2024; base salary $375K.
the Board of Directors (the “Board”) of AgEagle Aerial Systems Inc. (the “Company”) appointed Ms. Alison Burgett, age 47, to the position of Chief Financial Officer of the Company.
Ms. Anderson resigned from her position with the Company upon Ms. Burgett’s appointment to the position of Chief Financial Officer.
On November 17, 2024, the board of directors (the “Board”) of AgEagle Aerial Systems Inc. (the “Company”) appointed L.B. Day to serve as an independent director of the Company, effective immediately.
On November 14, 2024, the Company appointed Brent Pope, age 54, to the position of Chief Operating Officer, effective immediately.
On November 14, 2024, AgEagle Aerial Systems, Inc. (the “Company”) appointed Ms. Adrienne Anderson, age 46, to the positions of Interim Chief Financial Officer and Interim Principal Accounting Officer of the Company, effective immediately
to replace Mark DiSiena who’s resignation from his position as Chief Financial Officer was effective November 15, 2024.
On November 1, 2024, the board of directors (the “Board”) of the Company appointed Brent Klavon to serve as an independent director of the Company, effective immediately.
On October 25, 2024, the board of directors (the “Board”) AgEagle Aerial Systems Inc. (the “Company”) appointed Kevin Lowdermilk to serve as an independent director of the Company, effective immediately.
Thomas Gardner informed the board of directors (the “Board”) of AgEagle Aerial Systems Inc. (the “Company”) of his decision to resign from the Board and, in connection with his resignation from the Board, all related Board committees, effective immediately.
Malcolm Frost informed the Board of the Company of his decision to resign from the Board and, in connection with his resignation from the Board, all related Board committees, effective immediately.
Mark DiSiena, Chief Financial Officer ("CFO") of the Company, informed the Company that he intends to resign from his role at the Company, to be effective November 15, 2024
Kelly Anderson informed the Board of the Company of her decision to resign from the Board and, in connection with her resignation from the Board, all related Board committees, effective immediately.
Max materiality 0.90 · Median 0.65 · Most common event other_material