EagleNXT Expands into Canada with First eBee VISION Deployment

Rhea-AI Summary

EagleNXT (NYSE: UAVS) sold one eBee VISION and one eBee TAC to a Canadian government operator on Feb 3, 2026, marking the first eBee VISION delivered to a Canadian UAS operator.

The eBee VISION weighs ~1.6 kg with a 120 cm wingspan, up to 90 minutes endurance, 32x HD zoom, thermal imaging, and ~20 km wireless range. The eBee TAC offers 90 minutes, coverage up to 1,235 acres per flight, up to 55 km command range, and RTK/PPK accuracy. Both platforms appear on the Blue UAS Cleared List.

Positive

• First eBee VISION delivery to a Canadian UAS operator
• Both platforms listed on the Blue UAS Cleared List for NDAA compliance

Negative

• Initial Canada deployment limited to two drones, indicating small near-term revenue impact

Key Figures

eBee VISION weight: 3.5 pounds (1.6 kg) eBee VISION wingspan: 47.2 inches (120 cm) eBee VISION endurance: 90 minutes +5 more

8 metrics

eBee VISION weight 3.5 pounds (1.6 kg) ISR fixed-wing platform specifications

eBee VISION wingspan 47.2 inches (120 cm) ISR fixed-wing platform specifications

eBee VISION endurance 90 minutes Maximum flight endurance per mission

eBee VISION range 12 miles (20 km) Wireless command and control range

eBee VISION zoom 32x RGB zoom HD live video capability

eBee TAC coverage 1,235 acres (500 hectares) Maximum mapping coverage per flight at 400 ft

eBee TAC altitude 400 feet (120 m) Mapping altitude used for coverage figure

eBee TAC command range 34 miles (55 km) Command range depending on configuration

Market Reality Check

Price: $1.09 Vol: Volume 2,386,356 is 0.19x...

low vol

$1.09 Last Close

Volume Volume 2,386,356 is 0.19x the 20-day average, indicating subdued pre-news trading. low

Technical Shares at $1.05, trading below the $1.52 200-day MA, reflecting a prior downtrend.

Peers on Argus

Peers show mixed moves, with names like YIBO up 7.06% and OSS down 1.65%, sugges...

Peers show mixed moves, with names like YIBO up 7.06% and OSS down 1.65%, suggesting today’s EagleNXT news is more company-specific than sector-driven.

Historical Context

5 past events · Latest: Jan 29 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 29	Wildlife monitoring deal	Positive	-2.5%	Idaho agency buys eBee X drone for wildlife and crop depredation monitoring.
Jan 27	Sensor sales update	Positive	+0.8%	Reports steady global sales of RedEdge-P Green multispectral sensor since launch.
Jan 22	Listing compliance	Positive	+10.2%	Regains full compliance with NYSE American continued listing standards.
Jan 14	US manufacturing shift	Positive	-4.0%	Announces Texas HQ relocation and U.S. drone manufacturing center build-out.
Jan 13	NATO drone sale	Positive	+11.4%	Sells two eBee VISION systems to NATO-led Kosovo Force for ISR missions.

Pattern Detected

Recent positive operational and contract news often led to mixed reactions, with some contract wins selling off while governance and compliance milestones saw stronger positive alignment.

Recent Company History

Over the past month, EagleNXT reported several operational and strategic milestones. These included NATO-related eBee VISION sales on Jan. 13, plans for a Texas manufacturing center on Jan. 14, and regaining NYSE American compliance on Jan. 22. Additional updates highlighted growth in RedEdge-P Green sensor sales and new wildlife and agriculture monitoring deployments. The current Canadian government drone sale extends prior government and defense wins into North America, adding another use-case and geography to the recent run of contract and infrastructure announcements.

Regulatory & Risk Context

Active S-3 Shelf · $100,000,000

Shelf Active

Active S-3 Shelf Registration 2025-09-10

$100,000,000 registered capacity

The company has an effective shelf registration filed on 2025-09-10 that permits issuance of up to $100,000,000 in various securities over time, which has already supported a Series G preferred offering under a 424B5 prospectus supplement dated 2025-11-07.

Market Pulse Summary

This announcement adds a Canadian government customer for EagleNXT’s eBee VISION and eBee TAC platfo...

Analysis

This announcement adds a Canadian government customer for EagleNXT’s eBee VISION and eBee TAC platforms, extending recent government and defense-focused wins. Both systems are on the Blue UAS Cleared List, aligning with tightening security standards. Historically, governance and compliance milestones, such as regaining NYSE American standards on Jan. 22, have drawn stronger price responses than some contract wins. Investors may watch how recurring orders, additional government adopters, and future use of the $100,000,000 shelf influence the company’s trajectory.

Key Terms

isr, gnss-denied, rtk/ppk, bvlos, +2 more

6 terms

isr technical

"designed for real-time situational awareness and intelligence, surveillance, and reconnaissance (ISR) missions."

ISR stands for socially responsible investing (from the French phrase Investissement Socialement Responsable) and means choosing stocks, bonds or funds based on environmental, social and governance criteria in addition to financial return. Like picking a brand that matches your values, ISR matters to investors because it helps align portfolios with personal or institutional priorities, can reduce exposure to companies with regulatory or reputational risks, and can influence demand and valuation for firms deemed more sustainable.

gnss-denied technical

"reliable performance even in GNSS-denied environments."

GNSS-denied describes situations where devices or operations cannot receive signals from satellite navigation systems like GPS, either because signals are blocked, jammed, spoofed or otherwise unavailable. For investors, it signals a need for alternative technologies or safeguards—like inertial sensors, local beacons or mapping systems—because businesses that rely on satellite positioning (drones, ships, autonomous vehicles, network timing) may face service disruption, safety risks, or added costs to stay resilient.

rtk/ppk technical

"centimeter-level RTK/PPK accuracy, and low-observable features including digital camouflage"

RTK/PPK stands for Real‑Time Kinematic and Post‑Processed Kinematic, two methods that use satellite signals to pin down a device’s position to within centimeters rather than meters. Think of standard GPS as a coarse map and RTK/PPK as a high‑precision ruler: RTK gives that precision live, while PPK achieves it afterward by refining recorded data. For investors, RTK/PPK capability can be a key product differentiator for drones, surveying, construction, and autonomous systems because it directly affects accuracy, reliability, regulatory compliance, and market value.

bvlos technical

"empower safer, more efficient BVLOS and advanced operations."

BVLOS stands for “beyond visual line of sight” and describes drone flights where the operator cannot see the aircraft directly and must rely on sensors, cameras, or remote communications to control it. For investors, BVLOS rules and capabilities affect which commercial uses—like deliveries, inspections, or surveying—are practical and scalable; think of it as the difference between driving a car you can see versus steering one from a distant control room, with safety rules and technology determining market size and costs.

ndaa-compliant regulatory

"NDAA-compliant, cyber-secure drones and components that meet stringent U.S. government standards"

NDAA-compliant means that a product, supplier, or company meets the rules in the U.S. National Defense Authorization Act that bar certain foreign technologies and require specific security practices. For investors, compliance matters because it determines whether a business can sell to the U.S. government, avoid fines or bans, and reduce supply‑chain or reputational risk—similar to passing a background check that lets you bid on a sensitive contract.

uas technical

"This marks the first eBee VISION drone to be delivered to a Canadian UAS operator."

UAS stands for Unmanned Aircraft System, the complete setup that lets a remotely piloted aircraft (commonly called a drone) fly safely — including the aircraft itself, the ground controller, communications links and supporting equipment. Investors watch UAS because rules, technology and demand for tasks like surveying, delivery or aerial inspection directly affect companies’ sales and regulatory costs; think of it as a vehicle plus its keys, radio and support crew that together determine whether it can operate profitably.

AI-generated analysis. Not financial advice.

Sale of eBee VISION and eBee TAC Tactical Mapping Drone to a Canadian Government Operator Expands North American Defense and Security Footprint

ALLEN, Texas, Feb. 03, 2026 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (dba, EagleNXT) (the “Company” or “EagleNXT”) (NYSE: UAVS), a leading provider of advanced drone and aerial imaging solutions, today announced the sale of one eBee VISION drone and one eBee TAC tactical mapping drone to a government customer in Canada. This marks the first eBee VISION drone to be delivered to a Canadian UAS operator.

The eBee VISION is a lightweight, fixed-wing ISR platform designed for real-time situational awareness and intelligence, surveillance, and reconnaissance (ISR) missions. Weighing approximately 3.5 pounds (1.6 kg) with a 47.2 inch (120 cm) wingspan, it offers up to 90 minutes of endurance, a wireless range of up to 12 miles (20 km), HD live video with 32x RGB zoom, thermal imagery for day and night operations, and reliable performance even in GNSS-denied environments. These features make it ideal for rapid deployment in dynamic scenarios where operators need persistent, dependable overwatch, target tracking, and enhanced visual intelligence with minimal logistical footprint.

Complementing the VISION, the eBee TAC is a fixed-wing tactical mapping drone engineered for defense and security operations. It delivers up to 90 minutes of flight time, coverage of up to 1,235 acres (500 hectares) per flight at 400 feet (120 m) of altitude, a command range of up to 34 miles (55 km) depending on configuration, centimeter-level RTK/PPK accuracy, and low-observable features including digital camouflage options. The eBee TAC excels in generating high precision 2D/3D maps, orthomosaics, and intelligence products for situational awareness, mission planning, and post-event analysis in contested or austere environments.

"Canada is the world's second-largest country, spanning nearly 10 million square kilometers of diverse and remote terrain with vast coastlines and borders. This presents unique challenges for defense, public safety, and border security across enormous distances with limited resources,” said Bill Irby, CEO of EagleNXT. “Our drones efficiently cover vast areas in a single flight, delivering the long-range, persistent coverage needed.”

For Canada, this introduction is significant amid tightening scrutiny on foreign-made drone technologies, including regional restrictions and limitations faced by Chinese-origin systems in sensitive operations by governmental agencies. As Canada's drone sector expands, fueled by rapid adoption in precision agriculture, land surveying, infrastructure monitoring, and resource management across its expansive territories, EagleNXT's solutions provide Canadian operators with trusted, hardened tools that align seamlessly with evolving Canadian regulations, mitigate supply-chain and cybersecurity risks, and empower safer, more efficient BVLOS and advanced operations.

Both platforms are on the Blue UAS Cleared List, the U.S. Department of War’s vetted roster of NDAA-compliant, cyber-secure drones and components that meet stringent U.S. government standards for supply-chain security and reliability, facilitating streamlined procurement by military and federal users.

For more information about the full suite of EagleNXT UAS solutions, or to schedule a demo, visit EagleNXT.com or contact the EagleNXT Media Relations team.

About EagleNXT

EagleNXT is a leading developer of high-performance drones, advanced sensors, and intelligent software solutions that deliver critical aerial intelligence to customers around the world. With more than one million flights conducted globally, EagleNXT’s platforms are trusted across defense, public safety, agriculture, infrastructure, and environmental monitoring applications. The Company’s drone systems have achieved multiple industry firsts, including FAA approvals for Operations Over People (OOP) and Beyond Visual Line of Sight (BVLOS), as well as EASA C2 certification in Europe and inclusion on the U.S. Department of Defense’s Blue UAS list. EagleNXT’s sensors are integrated on more than 150 different drone models and are used in over 100 research publications worldwide, reinforcing its leadership in precision agriculture, surveying, and environmental sustainability initiatives.

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@EagleNXT.com

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Investor Relations
Email: UAVS@EagleNXT.com

FAQ

What did EagleNXT (UAVS) announce on February 3, 2026 about Canada sales?

EagleNXT announced the sale of one eBee VISION and one eBee TAC to a Canadian government operator. According to the company, this is the first eBee VISION delivered to a Canadian UAS operator, expanding its North American defense footprint.

What are the key capabilities of the eBee VISION sold by EagleNXT (UAVS)?

The eBee VISION offers up to 90 minutes endurance, ~20 km wireless range, HD live video with 32x RGB zoom, and thermal imaging. According to the company, it is designed for real-time ISR and GNSS-denied reliability for persistent situational awareness.

What performance specs does the eBee TAC included in the UAVS sale provide?

The eBee TAC delivers up to 90 minutes flight time and covers up to 1,235 acres per flight at 120 m altitude with RTK/PPK accuracy. According to the company, it supports high-precision 2D/3D mapping and tactical intelligence products.

How does the UAVS sale align with Canadian procurement and security concerns?

EagleNXT highlighted alignment with evolving Canadian regulations and supply-chain security concerns around foreign equipment. According to the company, its platforms mitigate cybersecurity and supply-chain risks and support safer BVLOS and advanced operations.

Are EagleNXT's eBee platforms approved for U.S. government procurement?

Both eBee VISION and eBee TAC are listed on the Blue UAS Cleared List for NDAA-compliant, cyber-secure drones and components. According to the company, this status facilitates procurement by military and federal users.