EagleNXT Partners with UAVSICS to Expand Drone Solutions in Chile
Rhea-AI Summary
EagleNXT (NYSE:UAVS) has announced a strategic partnership with UAVSICS as its official drone distributor in Chile, expanding its presence in Latin America. Santiago-based UAVSICS brings over a decade of experience in UAV solutions, specializing in sectors like mining, agriculture, defense, and public safety.
The partnership will provide certified technical support and enhanced assistance services to eBee users in Chile. This expansion aligns with EagleNXT's recent renewal of agreements with resellers throughout Latin America. The Chilean drone market is projected to grow as part of the regional expansion from $40-70 billion in 2025 to up to $260 billion by 2030, according to industry research.
Positive
- Strategic expansion into Chilean market through established local partner
- Access to key sectors including mining, agriculture, defense, and public safety
- Partnership provides certified technical support and enhanced customer service
- Market potential growth from $40-70B in 2025 to $260B by 2030 in the region
Negative
- None.
News Market Reaction
On the day this news was published, UAVS gained 7.96%, reflecting a notable positive market reaction. Argus tracked a peak move of +18.6% during that session. Our momentum scanner triggered 39 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $7M to the company's valuation, bringing the market cap to $90M at that time. Trading volume was above average at 1.8x the daily average, suggesting increased trading activity.
Data tracked by StockTitan Argus on the day of publication.
Company continues to deploy sales and service capability in expanding Latin America region
WICHITA, Kan., Oct. 01, 2025 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (dba, EagleNXT) (the “Company” or “EagleNXT”) (NYSE: UAVS), a leading provider of advanced drone and aerial imaging solutions, is proud to announce UAVSICS as the official distributor of EagleNXT drones in Chile, strengthening its leadership in the region and expanding access to cutting-edge UAV technology.
Based in one of the key financial and technological hubs of the region, Santiago, Chile - based UAVSICS brings more than a decade of experience in delivering advanced UAV solutions to the Latin American market. With deep expertise in sectors such as mining, agriculture, defense, and public safety, UAVSICS is ideally positioned to offer consultative sales and customized solutions tailored to serve the unique needs of these industries.
This partnership ensures that eBee users in Chile and in the region will benefit from certified technical support and enhanced assistance services provided directly by UAVSICS, driving greater operational efficiency and customer satisfaction.
“Increasing our presence in the Chilean market is a strategic step for EagleNXT,” said Bill Irby, CEO of EagleNXT. “As a key sector in Chile, mining benefits from our drone solutions, which are designed to improve operational outcomes and reinforce safety practices across sites. Apart from mining, Chilean customers can use our drones for many applications, including agriculture, defense, public safety and environmental monitoring. We are confident that UAVSICS’s expertise and local knowledge will deliver exceptional value to our customers.”
UAVSICS specializes in professional drone solutions for geospatial mapping, surveying, and industry-specific applications. Founded more than a decade ago, it has established itself as a key player in Chile's growing UAV market, providing advisory services, sales, and tailored technology integrations. The company emphasizes fixed-wing drones for high-precision data capture, answering Chile's unmanned systems demands in resource-heavy sectors like mining and agriculture, as well as maritime security for Chile’s expansive coastline.
This news follows the recent announcement of renewed agreements with the company’s reseller network throughout the Latin American region. The drone market in Chile is expected to mirror the overall growth of the region, anticipated to grow from around USD
For more information about the full suite of EagleNXT UAS solutions, or to schedule a demo, visit EagleNXT.com or contact the AgEagle 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
Investor Relations
Email: UAVS@EagleNXT.com
FAQ
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