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AgEagle Enters Strategic Alliance with Vyom Drones to Serve India’s Agricultural Future

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AgEagle Aerial Systems (NYSE: UAVS) has formed a strategic alliance with Vyom Drones to manufacture and sell AgEagle eBee X drones in India. The partnership focuses on serving India's agricultural sector, which comprises over 345 million acres of arable land. Under the agreement, AgEagle will license Vyom Drones to manufacture and sell eBee drones while providing service and maintenance training.

The collaboration aims to transform Indian agriculture through advanced drone surveying capabilities, enabling precise crop monitoring, soil analysis, water management, pest detection, and yield estimation. India's agriculture drone market is projected to reach $631 million by 2030, driven by government support and increasing demand for precision farming solutions.

AgEagle Aerial Systems (NYSE: UAVS) ha stretto un'alleanza strategica con Vyom Drones per la produzione e la vendita dei droni AgEagle eBee X in India. Questa collaborazione è rivolta a supportare il settore agricolo indiano, che conta oltre 345 milioni di acri di terreni coltivabili. Secondo l'accordo, AgEagle concederà a Vyom Drones la licenza per produrre e vendere i droni eBee, fornendo inoltre formazione per l'assistenza e la manutenzione.

L'obiettivo della partnership è rivoluzionare l'agricoltura indiana attraverso avanzate capacità di rilevamento con droni, permettendo un monitoraggio preciso delle colture, analisi del suolo, gestione delle risorse idriche, individuazione di parassiti e stima dei raccolti. Si prevede che il mercato indiano dei droni agricoli raggiungerà un valore di 631 milioni di dollari entro il 2030, grazie al sostegno governativo e alla crescente domanda di soluzioni di agricoltura di precisione.

AgEagle Aerial Systems (NYSE: UAVS) ha formado una alianza estratégica con Vyom Drones para fabricar y vender drones AgEagle eBee X en India. La asociación se centra en atender al sector agrícola de India, que abarca más de 345 millones de acres de tierras cultivables. Según el acuerdo, AgEagle otorgará a Vyom Drones la licencia para fabricar y vender drones eBee, además de proporcionar capacitación en servicio y mantenimiento.

La colaboración busca transformar la agricultura india mediante capacidades avanzadas de monitoreo con drones, permitiendo un seguimiento preciso de cultivos, análisis del suelo, gestión del agua, detección de plagas y estimación de cosechas. Se proyecta que el mercado de drones agrícolas en India alcance los 631 millones de dólares para 2030, impulsado por el apoyo gubernamental y la creciente demanda de soluciones de agricultura de precisión.

AgEagle Aerial Systems (NYSE: UAVS)Vyom Drones와 전략적 제휴를 맺어 인도에서 AgEagle eBee X 드론을 제조 및 판매합니다. 이 파트너십은 3억 4,500만 에이커가 넘는 경작지로 구성된 인도의 농업 부문을 지원하는 데 중점을 두고 있습니다. 협약에 따라 AgEagle는 Vyom Drones에 eBee 드론을 제조 및 판매할 수 있는 라이선스를 부여하며, 서비스 및 유지보수 교육도 제공합니다.

이번 협력은 첨단 드론 조사 기술을 통해 인도 농업을 혁신하는 것을 목표로 하며, 정밀한 작물 모니터링, 토양 분석, 물 관리, 해충 탐지 및 수확량 추정이 가능하게 합니다. 인도 농업용 드론 시장은 정부 지원과 정밀 농업 솔루션에 대한 수요 증가로 인해 2030년까지 6억 3,100만 달러에 이를 것으로 예상됩니다.

AgEagle Aerial Systems (NYSE : UAVS) a formé une alliance stratégique avec Vyom Drones pour fabriquer et vendre les drones AgEagle eBee X en Inde. Ce partenariat vise à soutenir le secteur agricole indien, qui compte plus de 345 millions d'acres de terres arables. Selon l'accord, AgEagle accordera à Vyom Drones une licence pour fabriquer et vendre les drones eBee, tout en fournissant une formation pour le service et la maintenance.

Cette collaboration a pour objectif de transformer l'agriculture indienne grâce à des capacités avancées de surveillance par drone, permettant un suivi précis des cultures, l'analyse des sols, la gestion de l'eau, la détection des parasites et l'estimation des rendements. Le marché indien des drones agricoles devrait atteindre 631 millions de dollars d'ici 2030, soutenu par l'appui gouvernemental et la demande croissante de solutions d'agriculture de précision.

AgEagle Aerial Systems (NYSE: UAVS) hat eine strategische Allianz mit Vyom Drones geschlossen, um AgEagle eBee X Drohnen in Indien herzustellen und zu verkaufen. Die Partnerschaft konzentriert sich auf den indischen Agrarsektor, der über 345 Millionen Acres Ackerland umfasst. Im Rahmen der Vereinbarung wird AgEagle Vyom Drones eine Lizenz zur Herstellung und zum Verkauf der eBee-Drohnen erteilen und Schulungen für Service und Wartung anbieten.

Die Zusammenarbeit zielt darauf ab, die indische Landwirtschaft durch fortschrittliche Drohnenvermessung zu transformieren, die präzise Überwachung von Nutzpflanzen, Bodenanalysen, Wassermanagement, Schädlingsbekämpfung und Ertragsprognosen ermöglicht. Der Markt für Agrardrohnen in Indien wird voraussichtlich bis 2030 631 Millionen US-Dollar erreichen, angetrieben durch staatliche Unterstützung und die steigende Nachfrage nach Präzisionslandwirtschaft.

Positive
  • Strategic entry into India's large agricultural market with 345 million acres of arable land
  • Access to a growing drone market projected to reach $631M by 2030
  • Partnership with established local manufacturer reduces entry barriers and provides market insights
  • Government support for drone adoption in agriculture sector
Negative
  • Licensing agreement may limit direct revenue potential compared to direct sales
  • Dependence on local partner for manufacturing and market penetration

Insights

AgEagle's strategic alliance with Vyom Drones targets India's $631M agricultural drone market, positioning for growth in world's largest agricultural market.

AgEagle's new licensing agreement with Vyom Drones represents a strategic market expansion into one of the world's largest agricultural markets. India's 345 million acres of arable land creates an enormous addressable market for AgEagle's eBee X drones and multispectral sensors. The deal is structured intelligently – AgEagle maintains its intellectual property through licensing while Vyom handles local manufacturing, reducing AgEagle's capital requirements and navigating potential regulatory hurdles.

This partnership aligns perfectly with India's national drone initiatives, as the country aims to become a global drone hub by 2030. The $631 million projected market size by 2030 represents significant revenue potential. For context, this single market opportunity equals approximately 10-15x AgEagle's current annual revenue.

The eBee X platform is particularly well-suited for India's agricultural challenges. The drones' surveying capabilities address critical pain points in Indian farming: inefficient water usage, fragmented land holdings, and lack of real-time crop data. By enabling precise soil analysis, water management, and crop monitoring, these drones directly enhance productivity in a country where agriculture employs nearly 50% of the workforce.

While the announcement doesn't specify revenue projections or initial order quantities, the deal positions AgEagle to capture market share in an emerging economy where drone adoption is accelerating rapidly. This move diversifies AgEagle's geographical footprint beyond its current markets and demonstrates management's focus on scaling through strategic partnerships rather than capital-intensive direct expansion.

Unmanned Aerial Systems (UAS) manufacturer cooperating with leading drone manufacturer to meet Indian agriculture and surveying needs

WICHITA, Kan., May 22, 2025 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (NYSE: UAVS), a leading provider of best-in-class unmanned aerial systems (UAS) and sensors for military, public safety, and commercial use, is entering into a strategic alliance with Vyom Drones of India.

Under this strategic alliance, AgEagle Aerial Systems intends to license Vyom Drones to manufacture and sell AgEagle eBee X drones to customers in India. AgEagle will also provide service and maintenance training to Vyom as part of the agreement.

“Working with Vyom Drones through this agreement helps unlock the potential of India’s immense agricultural, civil, and commercial sectors in one of the world’s largest and most dynamic markets,” said Bill Irby, AgEagle CEO. “With more than 345 million acres of arable land and a rapidly growing demand for precision agriculture, India represents a critical opportunity for AgEagle to deploy our advanced eBee drones and multispectral sensors, empowering farmers with a surveying capability that provides real-time, actionable insights. This collaboration aligns with our mission to deliver innovative, high-value UAS solutions that enhance productivity and sustainability, while supporting India’s vision to become a global drone hub by 2030. Together with Vyom Drones, we aim to transform Indian agriculture by driving efficiency, reducing costs, and fostering sustainable growth and sound water management for farmers across the nation.”

Bill Irby is pictured with Mr. Santosh Sharma, CEO of Vyom Drones

Vyom Drones is an Indian drone company based in Gwalior, Madhya Pradesh, focused on delivering advanced drone solutions across various industries, including agriculture, construction, surveying, and infrastructure inspection. Vyom is a proven and influential force in India’s rapidly growing drone ecosystem and has positioned itself as a provider of high-quality drones and accessories tailored to multiple applications.

AgEagle drones will play a vital role in India’s agriculture sector due to their advanced surveying capabilities, which enable precise crop monitoring, soil analysis, water management, pest detection, and yield estimation

“India’s agriculture drone market is projected to reach USD $631m by 2030, driven by government support and increasing demand for a surveying capability which informs precision farming and resource management. This alliance positions AgEagle and Vyom Drones to capitalize on this growth by combining AgEagle’s proven UAS technology, proven around the globe since 2010, with Vyom Drones’ local manufacturing capabilities and market insights,” said Irby.

About AgEagle Aerial Systems Inc.

Through its three Centers of Excellence, AgEagle is actively engaged in designing and delivering best-in-class flight hardware, sensors and software that solve important problems for its customers. Founded in 2010, AgEagle was originally formed to pioneer proprietary, professional-grade, fixed-winged drones and aerial imagery-based data collection and analytics solutions for the agriculture industry. Today, AgEagle is a leading provider of full stack UAS, sensors and software solutions for customers worldwide in the energy, construction, agriculture, and government verticals. For additional information, please visit our website at www.ageagle.com.

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 success of the strategic alliance, 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

Investor Relations:
EmailUAVS@ageagle.com


FAQ

What is the strategic alliance between AgEagle (UAVS) and Vyom Drones?

AgEagle is licensing Vyom Drones to manufacture and sell AgEagle eBee X drones in India, while providing service and maintenance training as part of the agreement.

What is the projected size of India's agriculture drone market by 2030?

India's agriculture drone market is projected to reach USD $631 million by 2030, driven by government support and increasing demand for precision farming.

How many acres of arable land will AgEagle's drones serve in India?

The drones will serve over 345 million acres of arable land in India, providing surveying capabilities for precision agriculture.

What capabilities do AgEagle's eBee drones offer for Indian agriculture?

The eBee drones provide precise crop monitoring, soil analysis, water management, pest detection, and yield estimation capabilities for agricultural applications.

Who is the CEO of AgEagle (UAVS) leading this Indian market expansion?

Bill Irby is the CEO of AgEagle leading the strategic alliance with Vyom Drones for Indian market expansion.
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