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WICHITA, Kan. - AgEagle Aerial Systems Inc. (NYSE:UAVS), a $27 million market cap drone manufacturer whose stock has surged over 50% in the past week, announced Tuesday that its eBee VISION drone has received Blue UAS certification, making it eligible for procurement by the U.S. Department of Defense and other federal agencies.
The certification comes just one week after the company’s eBee TAC drone received the same designation. Blue UAS certification confirms the drone meets security and performance standards required by the DoD. According to InvestingPro data, AgEagle maintains impressive gross profit margins of 49.2% and a healthy current ratio of 1.96, indicating strong operational efficiency and ability to meet short-term obligations.
"This is very welcome news, and we are so proud that now the eBee VISION joins our eBee TAC on the Blue UAS Cleared list for the Department of Defense," said Bill Irby, CEO of AgEagle Aerial Systems.
The eBee VISION previously held Green UAS certification, which the DoD Defense Innovation Unit now recognizes as a direct pathway to Blue UAS classification. This development aligns with Executive Order 14307 and a July 10 memorandum from Secretary of Defense Pete Hegseth regarding the rapid fielding of compliant Group 1 and 2 drones.
Weighing 3.3 pounds, the eBee VISION offers up to 100 minutes of flight time with advanced electro-optical and thermal imaging capabilities. The drone features secure data transmission for real-time situational awareness in disconnected environments. Its design includes a low acoustic signature and three-minute deployment capability by a single operator.
AgEagle, founded in 2010, has evolved from its agricultural origins to become a provider of unmanned aerial systems for energy, construction, agriculture, and government sectors.
The information in this article is based on a company press release statement.
In other recent news, AgEagle Aerial Systems Inc. has made significant strides with its eBee TAC drone receiving Blue UAS certification. This certification makes the drone eligible for procurement by the U.S. Department of Defense and other federal agencies, confirming its compliance with the necessary security and performance standards. Previously, the eBee TAC held Green UAS certification, which facilitated its pathway to the current Blue UAS Cleared status. Additionally, AgEagle announced that NYSE American has accepted its compliance plan to meet minimum stockholders’ equity requirements by October 23, 2026. This follows an earlier notification that the company had failed to meet the exchange’s equity standards. In another development, AgEagle replaced its independent auditor, WithumSmith+Brown, P.C., with Grassi & Co. The previous audits did not contain adverse opinions but included an explanatory paragraph regarding the company’s ability to continue as a going concern. Furthermore, the company’s stock saw a notable increase after reports indicated a significant acceleration in drone production and deployment across the U.S. military.
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