AgEagle Aerial Systems Inc. (NYSE: UAVS) shares cleared breakeven Monday. The Wichita, Kansas-based company, a leading provider of advanced drone and aerial imaging solutions, today announced the signing of a Master Distributor Agreement with Falcon UAV, an Australia-based unmanned autonomous systems specialist and a provider of Intelligence, Surveillance and Reconnaissance (ISR) solutions.
Under the agreement, Falcon UAV is appointed as a non-exclusive Master Distributor for the complete range of EagleNXT senseFly™ drones throughout the Asia-Pacific (APAC) region. Falcon UAV will oversee regional distribution, channel partners, and customer engagement for EagleNXT’s fixed-wing unmanned systems across commercial, government, and defense-adjacent APAC markets.
In this strategic role, Falcon UAV will lead EagleNXT channel development and customer support in APAC by:
Identifying and recommending qualified new distributors for appointments as EagleNXT senseFly Affiliate Distributors
Provide EagleNXT senseFly sales support, technical guidance, demonstrations, forecasting, and ongoing performance monitoring to all appointed Affiliate Distributors
• Attaining senseFly Certified Training Center and Level 2 Certified Repair Center status, and delivering in-depth operator training and authorized repair services for senseFly products purchased throughout the region
EagleNXT will support Falcon UAV with marketing funds, co-exhibition at regional events, product demonstration units, and technical resources to ensure rapid and successful market expansion.
UAVS claimed 2.5 cents, or 2.5%, to $1.04.
