EagleNXT Joint Venture “ThirdEye USA” Selected to Participate in EXTiC 26-2 Counter-UAS Experimentation Event
Rhea-AI Summary
EagleNXT (NYSE: UAVS) announced that its U.S.-based joint venture ThirdEye USA, formed with Israel-based Third Eye Systems, has been selected to participate in the U.S. Central Command and Defense Innovation Unit’s EXTiC 26-2 counter‑UAS technology experimentation event, scheduled for July 27‑29, 2026.
ThirdEye USA will demonstrate its MeduzaX AI-powered counter‑UAS system, which uses passive electro‑optical technology to detect, track, and classify hostile drones, providing real-time ISR, 360‑degree coverage in seconds, and portable deployment. According to EagleNXT, MeduzaX is manufactured at its Allen, Texas headquarters, is lightweight, can be set up in under ten minutes, operates up to 24 hours on battery power, and has a reported 97% positive detection rate. EXTiC 26‑2 is designed to evaluate technologies in realistic, adversarial mission scenarios and may enable contract awards without further competition following successful validation.
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News Market Reaction – UAVS
In the Jul 27 session, UAVS declined 0.78%, reflecting a mild negative market reaction. Argus tracked a trough of -12.2% from its starting point during tracking. Our momentum scanner triggered 5 alerts that day, indicating moderate trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Previous Partnership Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Oct 29 | Egypt distribution partnership | Positive | -3.7% | Authorized Egyptian distributor expanded regional access for mapping, surveying, agriculture, infrastructure, and defense applications. |
| Oct 16 | HELIOS partnership expansion | Positive | -7.7% | Expanded partnership introduced HELIOS kit and joint pursuit of U.S. government opportunities. |
| Oct 01 | Chile distribution partnership | Positive | +8.0% | Official Chilean distributor added technical support and expanded EagleNXT’s Latin American presence. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Partnership-tagged events were followed by negative 24-hour reactions in two of three comparable cases, despite positive partnership descriptions.
Key Terms
c-uas technical
electro-optical technology technical
intelligence, surveillance, and reconnaissance technical
gps denial technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
ThirdEye USA Selected to Demonstrate Counter-UAS System during exercise
ALLEN, Texas, July 27, 2026 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (dba, EagleNXT) (the “Company” or “EagleNXT”) (NYSE: UAVS), a leading provider of full-stack drone, sensor, counter-drone, and software solutions for defense, government, and commercial applications worldwide, today announced their joint venture “ThirdEye USA” has been selected to participate in next month’s Experimentation: Transforming in Contact (EXTiC) 26-2 (“EXTiC 26-2”), a key U.S. Central Command (CENTCOM) technology experimentation initiative.
CENTCOM, in collaboration with the Defense Innovation Unit (DIU), has issued an open call for new and emerging technologies that align with its strategic priorities. Through EXTiC 26-2, CENTCOM is creating operationally relevant scenarios to help Joint Force participants rapidly test, validate, and integrate innovative solutions. The program is designed to deliver cost-effective, repeatable experimentation events that directly support the future of warfare, with potential for contract awards without further competition following the event’s validation.
ThirdEye USA, a U.S.-based joint venture between EagleNXT and Israel-based Third Eye Systems, will showcase the company’s MeduzaX system. MeduzaX is an advanced, AI-powered C-UAS (Counter-Unmanned Aerial System) designed to detect, track, and classify hostile drones using passive electro-optical technology. These solutions deliver secure, real-time intelligence, surveillance, and reconnaissance (ISR), portable deployment, and advanced sensor integration, making them ideal for dynamic, contested environments.
“Our selection for EXTiC 26-2 is an exciting opportunity to showcase the high technology-readiness level of our high performing MeduzaX counter-UAS sensor,” said Bill Irby, CEO of EagleNXT. “We look forward to collaborating with CENTCOM and other participants to demonstrate our advanced systems and show what CUAS capability can be pushed to the warfighter now.”
The EXTiC 26-2 event is scheduled to take place on July 27-29, 2026.
EXTiC emphasizes "transforming in contact", rapidly evaluating how technologies perform when integrated into end-to-end mission threads under simulated adversarial conditions (e.g., jamming, swarms, GPS denial). The goal is to accelerate the transition of promising capabilities from concept to operational use, helping Joint Force participants prepare for future conflicts. It builds on the broader U.S. military concept of "transforming in contact," which involves experimenting with new tools, tactics, and organizations directly in realistic training or operational-like settings. This experimentation event provides relevant scenarios to Joint Command participants as they seek to establish an operationally relevant environment for new technologies and design cost-effective, repeatable experimentation events relevant to the future of warfare
The MeduzaX is manufactured at the EagleNXT headquarters in Allen, Texas. The system is lightweight, takes less than ten minutes to set up, and boasts a
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 most recently filed Annual Report on Form 10-K 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
Investor Relations
Email: UAVS@EagleNXT.com
