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AgEagle Aerial Systems Announces First Sale of Drones in Thailand

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AgEagle Aerial Systems (NYSE:UAVS) has achieved its first drone sale in Thailand, marking a strategic entry into Southeast Asia. The company sold its advanced eBee VISION fixed-wing drone through local partner Sky Visual Imaging Venture (SkyVIV), targeting emergency and security services applications.

SkyVIV, a partner since 2012, has been instrumental in promoting eBee drones for agriculture and civil monitoring in Thailand. The Southeast Asian UAS market is projected to grow at a 14% CAGR over the next five years, driven by supportive government policies and declining ownership costs across multiple sectors including agriculture, security, disaster response, and border security.

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Positive

  • First strategic entry into Southeast Asian market through Thailand sale
  • Partnership with established local distributor SkyVIV since 2012
  • Target market (Southeast Asia) projected to grow at 14% CAGR over next 5 years
  • Expansion into emergency services and security markets beyond traditional agricultural applications

Negative

  • None.

Insights

AgEagle's first Thai drone sale marks strategic Southeast Asian market entry with eBee VISION, targeting 14% regional growth potential.

AgEagle's entry into Thailand represents a strategic expansion into Southeast Asia's growing unmanned aerial system (UAS) market. The sale of their advanced eBee VISION fixed-wing drone through local partner SkyVIV targets high-value emergency and security service applications, leveraging real-time video and tracking capabilities that differentiate it from standard agricultural drones.

This market entry is well-timed, as Southeast Asia's drone market is projected to grow at a 14% CAGR over the next five years across multiple sectors. AgEagle is positioning itself to capture value in this growth trajectory through established local partnerships. SkyVIV, their partner since 2012, brings valuable regional expertise and existing relationships in Thailand's agricultural sector, particularly sugar production.

The expansion demonstrates AgEagle's diversification strategy beyond pure agricultural applications into security and emergency services. This approach helps buffer against sector-specific downturns while opening additional revenue streams. The company has adapted its proven eBee platform to address specialized surveillance needs, showing product development aligned with market demands.

While this single sale won't immediately impact financials, it establishes a crucial beachhead in a region with favorable regulatory environments and declining ownership costs. The Southeast Asian market's projected growth in agriculture, security, disaster response, construction, energy, and border security aligns perfectly with AgEagle's capabilities, creating multiple pathways for regional expansion beyond this initial sale.

First Sale in Southeast Asia lays foundation for manufacturer’s presence in region 

WICHITA, Kan., July 29, 2025 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (NYSE: UAVS), a leading provider of advanced drone and aerial imaging solutions, is proud to announce the first sale of its advanced eBee VISION fixed-wing drone in Thailand. This sale was facilitated by local partner Sky Visual Imaging Venture (SkyVIV) and marks a significant step in expanding AgEagle’s presence across Southeast Asia, strengthening its position in this rapidly expanding market.

The eBee VISION, an evolution of the highly successful eBee X, delivers cutting-edge capabilities for fast-moving airborne surveillance, including live video and tracking tailored for emergency and security services. This sale underscores AgEagle’s commitment to meeting the growing demand for innovative drone solutions in the region.

“With advancements in drone technology, there is strong interest in fixed wing drones for real time video and tracking,” said SkyVIV COO Report Top Piyadol Pivadol. “The eBee VISION addresses this demand perfectly, and we look forward to demonstrating its value to clients in emergency and security services.”

A trusted AgEagle partner since 2012, SkyVIV is a leader in promoting eBee drones for agriculture and civil monitoring in Thailand, particularly in the sugar industry. “AgEagle’s drones and sensors have proven exceptional for large-scale agriculture and civil engineering projects,” said SkyVIV CEO Mr. Vivatong Vichit-Vadakan. “We are also proud of our ongoing collaboration with professors and academia from Thailand, the UK, and the Netherlands, working to enhance crop yields by using AgEagle’s drone and camera technology.”

The unmanned aerial system (UAS) market in Southeast Asia is projected to have a 14% compound annual growth rate (CAGR) over the next five years, according to “Asia Pacific Unmanned Systems Market Size & Outlook” report published by Grand View Research. This growth is estimated to occur in multiple sectors, fueled by supportive government policies and declining cost of ownership. Drones will see increased use in agriculture, security and emergency services, disaster response, construction and energy, and border security.

“We are thrilled to bring the eBee VISION to Thailand through our valued partner SkyVIV, marking a pivotal expansion into Southeast Asia,” said Bill Irby, CEO of AgEagle Aerial Systems. “This sale reflects our commitment to delivering world-class UAV solutions that empower industries like emergency services and agriculture, and I’m confident this technology will drive significant value for our customers in the region,”

For more information about AgEagle’s UAV solutions, visit www.ageagle.com.

About AgEagle Aerial Systems Inc.

AgEagle Aerial Systems Inc. is a global leader in drone technology, providing full-stack solutions including drones, sensors, and software for industries such as agriculture, public safety, and civil engineering. Headquartered in Wichita, Kansas, AgEagle is dedicated to delivering innovative and reliable unmanned aerial systems worldwide. For more information, visit www.ageagle.com.

About Sky Visual Imaging Venture (SkyVIV)

Sky Visual Imaging Venture is a leading drone technology provider in Thailand, specializing in solutions for agriculture, civil engineering, and security. A trusted AgEagle partner since 2012, SkyVIV delivers cutting-edge technology to meet the needs of Thai industries.

Forward-Looking Statements

Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “suggest,” “target,” “aim,” “should,” “will,” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on AgEagle’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict, including risks related to the timing and fulfilment of current and future purchase orders relating to AgEagle’s products, the success of new programs and software updates, the ability to implement a new strategic plan and the success of a new strategic plan. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of AgEagle in general, see the risk disclosures in the Annual Report on Form 10-K of AgEagle for the year ended December 31, 2024, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by AgEagle. All such forward-looking statements speak only as of the date they are made, and AgEagle undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise.

Media Contact
Andy Woodward
+1 (469) 451-2344
Andy.woodward@ageagle.com

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Investor Relations
Email: UAVS@ageagle.com


FAQ

What is the significance of AgEagle's (UAVS) first drone sale in Thailand?

The sale marks AgEagle's strategic entry into the Southeast Asian market, establishing a foundation for regional expansion through their eBee VISION fixed-wing drone.

What is the growth forecast for the Southeast Asian drone market where AgEagle (UAVS) is expanding?

The Southeast Asian unmanned aerial system (UAS) market is projected to grow at a 14% compound annual growth rate (CAGR) over the next five years.

Who is AgEagle's (UAVS) distribution partner in Thailand?

Sky Visual Imaging Venture (SkyVIV) is AgEagle's partner in Thailand, having collaborated since 2012 to promote eBee drones for agriculture and civil monitoring.

What are the main applications for AgEagle's (UAVS) eBee VISION drone in Thailand?

The eBee VISION drone is designed for fast-moving airborne surveillance, live video, and tracking, primarily targeting emergency and security services applications.

What sectors are driving drone market growth in Southeast Asia for companies like AgEagle (UAVS)?

Growth is driven by multiple sectors including agriculture, security and emergency services, disaster response, construction, energy, and border security.
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