AgEagle Aerial Systems

General Information

We design, develop, produce, distribute and support technologically-advanced small unmanned aerial vehicles (UAVs or drones) that we supply to the precision agriculture industry. Historically, we have derived the majority of our revenue from the sale of our AgEagle Classic and RAPID Systems. However, as a result of the development of our new product, the RX-60, we will no longer manufacture and distribute our previous two systems.  In February 2016, we signed a worldwide, exclusive distribution agreement with Raven Industries, Inc. (“Raven”) under which Raven will private label and purchase the RX-60 exclusively for the agriculture markets for resale through their network of dealers worldwide. Raven and its network of dealers will sell the RX-60 system to the public starting at a price of approximately $17,500.

Industry: AIRCRAFT
Employees: 9
Founded: 2010
Contact Information
Address 117 S. 4th Street, Neodesha, KS 66757, US
Phone Number (316) 202-2076
Web Address
View Prospectus: AgEagle Aerial Systems
Financial Information
Market Cap $29.5mil
Revenues $0.8 mil (last 12 months)
Net Income $-1.4 mil (last 12 months)
IPO Profile
Symbol UAVSU
Exchange NASDAQ
Shares (millions): 2.7
Price range $4.25 - $4.25
Est. $ Volume $11.7 mil
Manager / Joint Managers Northland Capital Markets/ Roth Capital Partners
CO-Managers -
Expected To Trade: 8/5/2016
Status: Postponed
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change