Huge Shoutout to all those that dug up this DD. Too many to mention so I’ll just mention a few, the God himself, @_Dreamer_, the PI in a past life @MAGA_PATRIOT, the King of saving videos and polls @LittleWallStreet
Old/New DD for new/potential investors (From @_Dreamer_) _Dreamer_ was the main engine that drove a lot of this magnificent DD, Thank You
- Major E-Commerce partner in SEC filing (NDA in place)
- Drozd stated they are in discussions with other companies on CC!
- 516% YTD rev v 2019. Potential of $1.5m+ in 3Q ER
- $23m cash and zero debt
- New drone leasing agreement Front Range Biosciences!
- High insider ownership. [finviz.com/]
- Multiple rev streams - Ag, Hemp, Data, E-Com, Certification
- Drone Services to $63.6 billion by 2025
- New CEO with solid track history (Michael J Drozd)
- New Dir of Mfg & expanding 60+- new employees.
- Moved to Wichita "Air Capital of the World" near Jabara Airport
- Jabara Airport is a LAANC airspace. 1 block from new UAVS HQ
- Kansas 1st state with UTM airspace for Drones
- "The Drone Age" (TM) Drone Delivery & Capture/Analyze Images
- Awarded incentive pkg from Kansas Department of Commerce
- Tandem existing 3 year contracts 1 with eCommerce for drone mfg and the other for the state of Florida dept of agriculture.
Read and watch all videos for a complete picture
Our new HQ location in Wichita "Air Capital of the World". It's right next to one of your upcoming warehouses which is just up the street. Also they are right next to Jabara Airport which is a LAANC approved airspace per FAA.
Jabara Airport is an FAA Approved LAANC which enables drone activity in the airspace.
https://www.faa.gov/uas/programs_partnerships/data_exchange/laanc_facilities/
Additionally Kansas was the first state in the nation to have statewide, unmanned traffic management system (UMT)
Devin Johnson’s Tweets
Current Mayor of Neodesha
Sworn in Jan. 13th 2020, starts tweeting about $UAVS on May 8th. It becomes a ⅓ of everything he tweets and likes.
Link to his twitter:
AgEagle is ramping up while Amazon is ramping down their delivery partnerships. The entire e-comm industry will be converting from 3rd party delivery like UPS and FedEx to vertical integration of delivery.
Here is a clip from AgEagle presentation. To me it is not a coincidence that Amazon is listed first on this slide. Like I said over and over. All DD is pointing to Amazon until someone provides DD otherwise.
Here is the list of top e-comm companies. Nobody has presented any DD that points to any one of these companies other than Amazon. My challenge of someone providing me with DD that points to another e-comm partner still is open. The longer this goes and the more DD we get on Amazon the less likely I will see any DD pointing to another e-comm.
Alibaba(Foreign) - Cainiao
Amazon - No partner announced. They only report designing drones in house, not manufacturing them.
Ebay - No partner announced. CEO thinks drone delivery is a "long term fantasy" and the company has no ground distribution centers or warehouses either.
Fed-Ex - Google/Wing Aviation
JDdotcom(Foreign) - Reportedly domestic manufacturing firms, I don't read Chinese and can't find more info. Doubt they would import drones from America.
Rakuten(Foreign) - ACSL
Shopify - Has shipping companies do the work. See Fed-ex/UPS .
Target - No partner announced. Only 4% of profits come from e-commerce, a 1% market share, hardly major.
UPS - Matternet
Walmart - Ease Drones/Flytrex
AgEagle will not solely be dependent on our first "major e-comm" partner as outlined in our SEC filing. Others will follow once Amazon Air takes off as they will need to adapt. Amazon will be saving millions upon millions in last mile delivery fees.
In addition to Amazon X AgEagle for Amazon Air. AgEagle is poised to make revenue in a lot of other markets such as Ag, Hemp, Mapping, Compliance and more.
In addition to all the DD pointing to Amazon x AgEagle.
AgEagle will make a lot of revenue on Mapping. If you notice on our TM for "The Drone Age" we have listed Drone Delivery and Mapping.
Notice the shipping box shown in the UK Amazon Air HQ. Amazon was receiving drones in the UK from overseas for testing as the UK had very loose regulations in comparison to the US. The image on the bottom left is a screenshot from an AgEagle video that shows how to unbox and the contents in the shipping box. The image to the bottom right shows that same drone being tested in Cambridge.
The motors are identical as well.
In our SEC filing awhile back it mentions a proprietary composite propeller. It looks like the Amazon Drone has the same propellers and talks about them in publications.
One step closer!( @_Dreamer_)
I reached out to the WSU Tech Drone Club which is located right across from our new HQ and asked them their views on the 2 blade propellers vs. 3 blade propellers.
Attached is the reply and basically it boiled down to this:
1) 2 blade motors are more efficient and could be used more for forward thrust due to lower energy requirements, while 3 blade motors could be used for agility and vertical movement as they require more energy.
2) They have "never seen a drone design like this before"
Finally I dug and found an old Amazon Patent. It describes why the two variations in blades. It mentions single blade, but I am sure they found out that a dual blade was needed for additional force to hit their target payload of 5lb.
https://patents.google.com/patent/US9598169B1/en
The dots just continue to line up!!
Here is the original leaked video to see the images
Remember, this is the same drone seen in the UK Amazon testing in Cambrigde.
Amazon Air job postings have a Senior Design Engineer which has specialty in Joint Manufacturing.
"With our co-designed, co-optimized, formal-engineering approach, Amazon controls every aspect of the design, manufacturing, hardware and software development, engineering, testing, integration, operations, and maintenance for all of our systems. Everything is purpose-built and co-optimized, in-house. This multi-year project yielded our current UA that will be used for initial Prime Air operations, the MK27." Amazon Prime Air Petition to USDOT
https://www.scribd.com/document/420774445/Amazon-Prime-Air-Exemption-Rulemaking
Exemption Granted, Great Coverage in national and global news:
https://downloads.regulations.gov/FAA-2019-0622-0003/attachment_1.pdf
We believe Amazon and AgEagle have been working together to refine the MK design for some time.
Removed leaked video. Copyrighted by Morgan Chilcott only recently.
https://m.youtube.com/watch?feature=emb_logo&v=H8V9birnRUI
Leaked Video Still Available here::
Amazon spotted testing Prime Air Delivery Drones
Fact Checking UAVS Amazon Video
Fact-checking the warehouse
Fact-checking the shipping box
Comparing the Tether
Fact-checking the voice (Making sure it is not a third party and it was an Ageagle Employee talking)
Compilation of Amazon and AgEagle Discussing Commercial Drone Delivery
Full Versions:
https://www.youtube.com/watch?v=koVKAakz00k
Jeff Wilkie (Amazon CEO Consumer) -
https://www.youtube.com/watch?v=rDj5mLtyx4o
Grant Begley (AgEagle Board) -
https://www.youtube.com/watch?v=zxtNQlwQE4I&t=1794s
Barrett Mooney (AgEagle Chairman) - https://noble.mediasite.com/Mediasite/Play/66da0d98e5ba4eb8a17b3f8326def7cd1d
Whoever is Amazon’s drone partner will be doing much more than just delivering packages to customers, endless revenue stream opportunities. https://www.faa.gov/uas/research_development/traffic_management/media/UTM_ConOps_v2.pdf
https://dronecenter.bard.edu/files/2017/09/CSD-Amazons-Drone-Patents-1.pdf
There's also the connection between AgEagle and Botlink:
Botlink, AgEagles Partner and one of AgEagles suppliers, named Amazon as a CURRENT customer for their XRD (which enables drone operators to monitor and control drones using LTE). Since AgEagle is Botlinks partner, it would make sense that Amazon would be using Botlinks XRD
https://botlink.com/compatible-drones-for-automated-drone-software
“Botlink chosen as AgEagle’s Drone Control, Safety, and Data Partner”
https://botlink.com/botlink-newsroom/2016/5/2/azt45vu01cgvhwoku2e04rt7l4py4t
https://www.sec.gov/Archives/edgar/data/8504/000157570518000194/uavs_s1a2.htm
https://www.emergingprairie.com/fargo-drone-startup-botlink-partners-ageagle/
https://botlink.com/4g-lte-cellular-bvlos-drone-control-xrd
“The combination of AgEagle and Botlink provides simple access to actionable data. Farmers and agronomists can use normalized difference vegetation index (NDVI) data and high-resolution photography gathered with an AgEagle airframe to scout fields, assess crop damage and create prescription maps for variable-rate fertilizer, fungicide and herbicide applications.”
“Paired with the real-time connectivity of Botlink’s cellular device, AgEagle users now have an airframe that also solves the biggest pain point of drones - getting actionable data directly in the hands of users,” said Brett Chilcott, president and CEO of AgEagle.
Don’t forget we are one of the only companies with cellular LTE Drones. Amazon has been in the works for years developing a Traffic Management System (TMS) that will communicate over LTE mobile networks.
“The traffic management system is easy to use for various operators in the same airspace because it will connect via the internet, LTE, or another cloud-based connection so each system can talk to the other.”
https://blog.aboutamazon.com/transportation/another-new-frontier-for-prime-air
“The system will communicate over LTE mobile networks, while Amazon has also stated that it can operate over cloud-based connections.”
https://www.cbronline.com/news/amazon-delivery-drone
"Continue to Expand our relationship with our major e-commerce client. We provide them with manufacturing and assembly of drones for testing and refinement of their small package delivery drones. We are one of a handful of companies with cellular LTE drones. We have a unique competitive advantage which makes us a highly beneficial partner. We are very pleased with how this development partnership is maturing and we believe the success we have had with this client will lead to more growth opportunities." - Drozd from recent CC
We have a new building in Wichita and we are starting to connect Amazon Air employees with AgEagle.
There’s also the connection of how we found our new CEO
https://hobbstowne.com/team/stephen-kyryk/
Looks like the realtor let the cat out of the bag. Read his email, then read the reply from one of the UAVS longs that followed up with that realtor.
Recording of CC if you missed it.
Part 1/2: streamable.com/knq1pw
Part 2/2 streamable.com/mhnb4g
My favorite parts
"In addition to our work with our e-commerce client we have adopted a very proactive approach in the growing drone industry. In fact our efforts have yielded advanced discussions with various new customers."
"Continue to Expand our relationship with our major e-commerce client. Current focus is to finalize the latest follow on orders. We are one of a handful of companies with cellular LTE drones we have a unique competitive advantage which makes us a highly beneficial partner. We are very pleased with how this development partnership is maturing and we believe the success we have had with this client will lead to more growth opportunities."
"Drone leasing agreement Front Range Biosciences. Hemp field in two states."
For those that think UAVS only has or has had fixed wing drones here is a Google Maps image from 2014 where you can clearly see Bret Chilcott and two other UAVS employees working on a quad or octadrone. Notice the simple frame of the UAVS and Amazon drone circa 2016. Also notice the undercarriage compartment. Hard to make out on the Google Maps image but its able to be made out. Also notice the antenna on the Google Maps image. One the Amazon image you can tell the black shroud with their logo on it is being held in place by a circular cap on top. That cap probably attached to the top of the antenna and the shroud gave it a more sleek look.
Drozd announced he has filled the position for the Dir of Mfg. He mentioned it on the CC.
Drozd quotes:
“We’re going to be a leader in the drone age”
“My role really is to grow companies.”
“I consider myself someone who can take technology and leverage it,”
I am looking forward to seeing what the financials look like from the drone leasing program for Front Range Biosciences. I believe they are using it for 2 states. I think another user said MT and it also looks like CO. Those are #1 and #2 Hemp producing states. Q3 ER could be amazing with the $770k deferred from this ER and the assumed $770k next quarter plus this drone leasing program. Look at the acreage growth from 2016 to 2018. It was 9X. Also look at the size of CO and MT in regards to hemp crops.
Looking at the connection here.
Amazon loses contract with FedEx Express as it builds out a competing delivery network (2019).
Amazon is delivering half its own packages as it becomes a serious rival to FedEx and UPS (2019)
Amazon cuts more than 1,200 delivery contract jobs, even as that part of its business booms (2020)
You can see that most of the other major e-comm companies do not have any mention of a drone delivery service and Drozd specifically said in the CC they are delivering products to the e-comm partner already so it has to be someone already with testing going on. Additionally one of the users here was smart to ask a leading question to UAVS and they said their e com partner is already underway with their drone delivery platform.
“Thus, collective international animosity toward China may impact these companies to invest in:”
Huntington Ingalls Industries (NYSE:HII)
Raytheon Technologies (NYSE:RTX)
Booz Allen Hamilton (NYSE:BAH)
Sony (NYSE:SNE)
Smith & Wesson Brands (NASDAQ:SWBI)
Teva Pharmaceutical Industries (NYSE:TEVA)
Manpower Group (NYSE:MAN)
Newcrest Mining (OTCMKTS:NCMGY)
AgEagle Aerial Systems(NYSEAMERICAN:UAVS)
Regulations Banning Drones:
“Looking at the chart here, the real volume won’t come next year or the year after – but for companies who use the time to develop their products and customer base, the real payoff is on its way.“
“The civil and commercial market, however, will be the leading sector driving future growth. ...and drone delivery are among the future market drivers.”
“The report also points out the opportunity that the small drones market represents for the manufacturers of improved batteries and other innovative power sources to increase the endurance of small drones.”
Amazon Prime Air Mars Event 2017
https://www.youtube.com/watch?v=TVqC5NWe0F4
Here is some quality DD from a local reporter in Wichita that has been like our own CSI expert.
Carrie Rengers, Journalist for The Wichita Eagle Business Columns
She was reached out to and here is the convo.
Corporate Leadership Experts in Agribusinesses and Aerospace
Michael Drozd, CEO AgEagle
“I am very pleased to be joining AgEagle’s leadership team and have great confidence that this is a company capable of achieving many great things, not the least of which is emerging as one of the top advanced drone and Ag tech companies in the country. I was immediately attracted to AgEagle because of the Company’s compelling growth prospects and the team’s unwavering commitment to industry innovation and transformation. I passionately believe in the enormous commercial potential of drones and Ag tech as well as the ever increasing market demand for efficient logistics. I look forward to leveraging my experience and skillset to help ensure that AgEagle achieves even greater heights.”
“Accomplished business leader with a reputation for high-growth business building, market development, product commercialization, entrepreneurship and innovation. Recognized for delivering results through balanced strategies to size up markets, competition and revenue potential across multiple industries and sectors, and for aggressively pursuing multi-path business development opportunities.”
“Transformed a burgeoning company into a game-changing leader in the food industry and hyper-growth revenue-generating business. Grew company >12,000% in 3.5 years.”
https://www.linkedin.com/in/michael-drozd-5549a15/
“Now that we have arrived at the dawning of ‘The Drone Age,’ much work must be done to ensure that our company effectively claims our leadership stake and sets the standards by which all others must ascend to if they are to compete with us.” - Drozd
Grant Begley, Board of Directors Member
“Grant Begley is an international aerospace leader and executive with over 25-yrs of success, rapidly transforming concepts to compelling fielded capabilities, to include US National aerospace programs.Grant, with active security clearances, has enabled new aerospace capabilities, and products, for the US Department of Defense, Lockheed Martin and Raytheon. As a Certified Acquisition Executive, Grant also advises global executive clients. Grant served as Pentagon Senior Advisor, to the Office of the Under Secretary of Defense. Grant is an expert at matching diverse organizational capabilities and securing financial support in the fulfillment of client requirements and expectations. A skilled presenter, public speaker, story teller, negotiator and team builder.”
https://www.linkedin.com/in/concepts2capabilities/
**check out his video on Amazon Drone Delivery in his Keynote Speech for IS2019
Matt Martin, Vice President of Operations
https://www.linkedin.com/in/matt-g-martin
“I am a revenue generator that is passionate about driving organizational profitability through product quality, technology-driven solutions and enhanced business processes. My expertise is in aerospace, specifically program engineering leadership, with a focus on commercial and military aircraft, large scale system integrations and compliance with regulatory requirements, such as Federal Acquisition Regulations and the Defense Federal Acquisition Regulation Supplement (DFARS).”
Martin stated, “I am very pleased to contribute my extensive aerospace industry expertise to such a dynamic team focused solely on leading the high-growth commercial drone industry. Since 2010, AgEagle has pioneered early advancements in the field of commercial UAVs.This positions the Company well to drive global adoption of drones in a broad range of industries and define entirely new standards of excellence for drone production and their applications. I am looking forward to playing a meaningful role in AgEagle’s future success.”
Drozd noted, “Our leadership team unanimously agreed that Matt is the ideal person to lead our commercial drone manufacturing operations. In addition to his proven senior leadership experience and deep engineering and manufacturing expertise, Matt clearly shares our belief in the transformational potential that commercial drones represent in many industries. Moreover, in view of AgEagle’s commitment to scaling our drone manufacturing operations with attention to the highest possible quality standards, there is no doubt that he will contribute measurably to our Company’s growth and long-term value creation. We are excited to welcome him to the AgEagle family.”
Martin is the proud recipient of the Silver Snoopy, a prestigious award bestowed by NASA
https://www.nasa.gov/directorates/heo/sfa/aac/silver-snoopy-award
Martin is also the proud recipient of the Space Flight Awareness Honoree Award, one of the highest awards to be presented by to NASA and Industry
https://www.nasa.gov/directorates/heo/sfa/aac/honoree-award
A little game of connect the dots with Matt Martin and David Carbon, VP Prime Air @_Dreamer_
More info on Matt Martin
Barrett Mooney Former CEO, 2019 Corp Update Q3
“For one of the largest consumer focused companies in the world. This new customer requires critical specifications for drones that are meant to carry goods in both rural and suburban areas and our proven expertise in manufacturing rugged, reliable, and professional grade UAVs made us a logical partner for them. Since the initial purchase order we have since continued to expand our contracted scope of services, helping to enhance and enrich our partnership with this important new customer. While this project is still growing in scope and scale we are hopeful that it will ultimately lead to significant new and sustainable revenue in the long term.”
From recent Corporate Call:
"Proprietary cloud based system Hemp Overview currently in FL... with 3 year contract. Looking forward to Expanding. Advanced discussion with many states about adopting Hemp overview."
"Drone leasing agreement for Front Range Biosciences. Hemp field in two states.
"Continue to Expand our relationship with our major e-commerce client. We provide them with manufacturing and assembly of drones for testing and refinement of their small package delivery drones. We are one of a handful of companies with cellular LTE drones. We have a unique competitive advantage which makes us a highly beneficial partner. We are very pleased with how this development partnership is maturing and we believe the success we have had with this client will lead to more growth opportunities."
"... we have adopted a very proactive approach in the growing drone industry. In fact our efforts have yielded advanced discussions with various new customers."
September Q3 Question:
“On the commercial delivery drones, do you plan on white labeling the product?”
Answer:
“Those are under manufacturing contracts - build to spec - so we don’t white label it, we are literally building it on contract for them, it is there designs for the most part, we have our hand in helping them make good decisions and revising engineering drawings as necessary but for the most part it’s not our drone being white labeled, it is their drone that we are building on their behalf.” - Barrett Mooney
American Made Drones:
Part 1a
AgEagle, American Made Drones
“In the foreseeable future, we believe being an American drone manufacturer with proven engineering expertise will go a long way in winning new business opportunities, particularly with those customers which may be reluctant to rely on Chinese manufacturers due to the much touted supply chain challenges and perceived national security risks that have been the subject of prevailing media attention over the past several months. Based on advanced discussions with several prospective new customers, the outlook for our drone manufacturing business appears very promising”
“This capital infusion, coupled with other recent offering proceeds, will help to empower AgEagle with the resources necessary….to best serve growing demand for American made drones and drone-related equipment.”
Part 1b
AgEagle, American Made Drones
“As of today, we manufacture all of our proprietary and contracted products at our secure manufacturing facility in Neodesha, Kansas, which allows us to avoid many of the potential difficulties that may arise if our manufacturing facilities were otherwise located outside the U.S., which is of particular importance to those AgEagle customers who rely on confidentiality and protection of trade secrets in the development of their drone package delivery initiatives”
https://fintel.io/doc/sec-uavs-10q-ageagle-aerial-systems-2020-august-14-18489
Part 2
Regulations banning foreign drones:
“An amendment to ban U.S. government use of Chinese drones appears almost certain to become law within weeks. Contained within the National Defense Authorization Act (NDAA), the measure bans the purchase of commercial drones made by a “covered foreign entity,” including China, by any U.S. government agency. The ban covers both purchases of new drones and flights of drones already in agency fleets, which would need to end within six months. The ban extends to drone components including drivetrains, cameras, and circuit boards.”
“Currently DJI drones and related products hold about 70% of the U.S. consumer and prosumer market. Oldenburg said the “anti-China initiatives related to drone technology” being forwarded by President Trump and his allies is part of an effort to let drone companies based in the U.S. and allied countries gain a foothold in the U.S. drone market.”
https://www.google.com/amp/s/dronelife.com/2020/08/10/the-ban-on-chinese-drones/amp/
Part 3
Companies to invest in as US China Relations Deteriorate
“With the seemingly perpetual rise of Amazon(NASDAQ:AMZN) and the need for contactless delivery, UAVS stock quickly garnered massive support. Additionally, what makes AgEagle one of the more interesting companies to invest in is that this is a homegrown organization. As you may have heard, the U.S. government considers Chinese-made drones a security threat. That’s a problem because China dominates the retail drone market. While AgEagle will likely not budge the needle in this department, it helps that the company’s interests are fully aligned with American values and principles.”
Part 4
Where do we source our components?
The FAA is hosting an Onboarding Process consisting of four steps from May 4, 2020 through October 9, 2020. The final step of the onboarding process (called Formal Onboarding) lasts between 8/8/2020 - 9/9/2020, the exact span we are purchasing a manufacturing facility in Wichita and Amazon is buying many facilities including one dubbed Project Starship.
Wichita will be the location of Amazon’s first large scale, trial commercial delivery program. The state was appointed in 2019 by the USDOT as a pilot program selectee. “Kansas is the first state in the nation to have a statewide, unmanned traffic management system (UTM)” and “WSU Tech, Wichita, Kansas was selected to participate in the Unmanned Aircraft Systems Collegiate Training Initiative (UAS-CTI).”
“Now that we have arrived at the dawning of ‘The Drone Age,’ much work must be done to ensure that our company effectively claims our leadership stake and sets the standards by which all others must ascend to if they are to compete with us.” - Drozd
https://www.transportation.gov/connections/unmanned-aircraft-systems-integration-pilot-program-selectees-0
https://www.faa.gov/uas/programs_partnerships/data_exchange/laanc_for_industry/
https://www.faa.gov/news/updates/?newsId=95732
Amazon prefers to lease/contract out things out of their scope of expertise even the small things like delivery vehicles (and they often don't even bother owning that end of the business, but let entrepreneurs start their own delivery business contracted with Amazon - under their "delivery partner program")
“Amazon is seeking hundreds of entrepreneurs across the country to launch and operate their own package delivery business. The Delivery Service Partner (DSP) program provides an opportunity for strong leaders who are passionate about developing a hardworking team to start their own business. Joining a robust community of small businesses, you will help deliver thousands of packages to customers every day.”
https://d3a8hw3k243rpe.cloudfront.net/static-assets/Download_Brochure.pdf
https://logistics.amazon.com/marketing/faq
Regulatory bodies:
FAA partnerships with LAANC
https://www.faa.gov/uas/programs_partnerships/data_exchange/laanc_facilities/
USDOT Pilot Program Selectees
Drone Industry as a whole:
Link for halt status:
https://www.nasdaqtrader.com/trader.aspx?id=TradeHalts
Ag Eagle History
Record of earnings
https://www.marketbeat.com/stocks/NYSEAMERICAN/UAVS/earnings/
Our amazing new CEO Drozd
From Q2
Michael Drozd, Chief Executive Officer of AgEagle, stated, “Since joining AgEagle in mid-May, I have been routinely impressed by my team’s commitment and dedication to AgEagle’s purposeful shift in our long-term business strategy. We are well positioned to weather the effects of the global pandemic and its direct impact on our second quarter revenue recognition. Moreover, we remain focused on the many opportunities for future expansion, buoyed by our strong cash position which has increased to over $25 million due the recent equity financing we recently announced. We expect 2020 be be a record year for AgEagle’s revenue growth and position us to accomplish several key strategic objectives going forward.”
UAVS Ownership and Recent filings can all be found on this site.
6/3 “The Drone Age” Trademark
https://uspto.report/TM/88946058
University programs
Track Short Volume
Timeline of Funding:
May 13th: Announces Pricing of $6 million direct offering @ 1.06 per share
June 13th: Announces Pricing of $7 million direct offering @ 1.35 per share
August 5th: Announces Pricing of $10 million direct offering @ 2.98 per share
+ plus warrants for 2.5 million more shares @ 3.3 per share executable on a 10 month term
Shares Outstanding 55,000,000 shares
Warrants to purchase up to 2,516,778 shares of Common Stock
2,516,778 / 57,000,000 = 0.044154
Warrants = only 4.41%
With how bullish this company is I see no reason to fear dilution from these warrants.
+ restrictions on future stock offerings: 75 day period no offerings unless company is traded for $5 + for ten consecutive trading days.
Recent Great Bullish Articles:
1.
“In other words, the signs are clear. It appears Amazon and AgEagle are working together on drone technology. More than that, the collaboration appears to be going very well, and both companies appear to be making preparations for this collaboration to turn into something much, much bigger over the next few quarters.“
“AgEagle’s drone tech is actually very impressive — and perfectly suitable for logistics.The drones are exceptionally rugged and durable — perfect for delivering packages in all neighborhoods. They are also equipped with advanced aerial imaging technology.... In other words, without knowing it, AgEagle has constructed a drone tech framework that is ideal for the logistics industry.”
“The data, reports and technology here all strongly imply that AgEagle is going to turn into a major delivery drone supplier for Amazon.”
“As a major delivery drone supplier for Amazon, AgEagle could one day do billions of dollars in revenue.”
https://www.google.com/amp/s/investorplace.com/2020/08/uavs-stock-all-about-amazon/amp/
2.
"Citadel Advisors LLC has recently announced that it has increased stake in AgEagle Aerial Systems Inc. (AMEX:UAVS) by 915.73%. After grabbing 0.16 million shares, the institutional investor is now in possession of 0.15 million shares of the Industrials Company. The new investment brought the stake of investor firm to 0.34% having worth around $0.45 million. Moreover, The Vanguard Group, Inc. increased its share by 23800.0 to have a control over 61167.0 shares. And Barclays Capital, Inc. raised its holdings to 37900.0 shares by acquiring 37900.0 shares or 0.08% of the stake."
3.
“A little digging strongly suggests that this major e-commerce company is Amazon. A little more digging reveals that the follow-on purchase orders could be the beginning of a significant, multi-year partnership between the two companies wherein AgEagle becomes a major Amazon drone supplier”
"In June 2020, Wichita Mayor Brandon Whipple confirmed that Amazon is also opening a distribution center in the city. According to rumors, AgEagle and Amazon will collaborate closely
https://investorplace.com/2020/08/ageagle-aerial-could-reach-new-highs/
4.
“Thus, collective international animosity toward China may impact these companies to invest in:”
Huntington Ingalls Industries (NYSE:HII)
Raytheon Technologies (NYSE:RTX)
Booz Allen Hamilton (NYSE:BAH)
Sony (NYSE:SNE)
Smith & Wesson Brands (NASDAQ:SWBI)
Teva Pharmaceutical Industries (NYSE:TEVA)
Manpower Group (NYSE:MAN)
Newcrest Mining (OTCMKTS:NCMGY)
AgEagle Aerial Systems(NYSEAMERICAN:UAVS)
“With the seemingly perpetual rise of Amazon(NASDAQ:AMZN) and the need for contactless delivery, UAVS stock quickly garnered massive support. Additionally, what makes AgEagle one of the more interesting companies to invest in is that this is a homegrown organization. As you may have heard, the U.S. government considers Chinese-made drones a security threat. That’s a problem because China dominates the retail drone market. While AgEagle will likely not budge the needle in this department, it helps that the company’s interests are fully aligned with American values and principles.”
5.
“What’s Driving The Agricultural Robots Market Growth? Key Players – Topcon, AgEagle Aerial Systems, AGCO Corporation, AgJunction”
6.
“Most importantly, AgEagle has apparently inked a deal with a major e-commerce firm…we don't know if that means Amazon (NASDAQ:AMZN), Walmart (NYSE:WMT), Target (NYSE:TGT) or some other player. But as far as UAVS stock and its trajectory is concerned, the critical takeaway is that AgEagle’s products and acumen carry substantial demand. AgEagle presents a viable solution to a common logistics issue known as the last mile problem.”
“In another mini-pivot, AgEagle “pioneered a proprietary, web- and aerial map-based technology solution designed” in part to facilitate oversight, compliance and enforcement of hemp cultivation.”
https://investorplace.com/2020/08/ageagle-aerial-systems-pivot-just-might-pan-out-uavs-stock/
7.
"It would be reasonable to assume that drone technology is maturing quickly, and we should see a commercial rollout on a larger scale in the not-too-distant future. The COVID-19 pandemic will perhaps hasten this process,” said Dawande, who is also the Mike Redeker Distinguished Professor in Management."
The researchers note that increasing delivery speed of drones can help improve profitability only if it is accompanied by an increase in the number of last-mile warehouses.
https://www.utdallas.edu/news/business-management/drone-delivery-study-2020/
More Bullish Articles:
8/31 amazon prime air launch
8/4 Kansa Business Journal
https://www.kansas.com/news/business/biz-columns-blogs/carrie-rengers/article244707997.html
7/17 WIBW with great quotes from Drozd / Wichita Brandon Whipple / David Toland
https://www.wibw.com/2020/07/17/ageagle-aerial-systems-to-locate-and-expand-in-wichita/
2016 Amzn Drones In Progress
2016 Amzn Drone Blimp
9/19 Amzn Drone Expansion and Plans
-> expected to 'scale Prime Air both quickly and efficiently, delivering packages via drone to customers within months.'
2/19 Amzn Patent for drone marker and landing
https://dronedj.com/2019/02/08/amazon-patent-drone-marker-landing-zone-verification/
Video 3 years ago going over some Amazon patents and their path to bringing drones to the market
7/28 Investor Place
https://investorplace.com/2020/07/if-you-like-drone-tech-check-out-uavs-stock/
8/8 Investor Place
https://investorplace.com/2020/08/ageagle-aerial-systems-uavs-stock-is-flying-off-the-shelves/
7/17 Bloomberg
8/19 Street Insider
https://www.streetinsider.com/dr/news.php?id=17217199&gfv=1
7/2020 Money Midnight
1/21 Meticulous Blog
https://meticulousblog.org/top-10-companies-in-agriculture-drone-market/
7/28 Nasdaq Articles
8/7
https://stockinvest.us/technical-analysis/UAVS
8/11
8/11
8/11
https://investorplace.com/2020/08/why-and-how-to-land-long-position-in-uavs-stock/
8/9 amzn
8/12 amzn
https://www.uml.edu/News/press-releases/2020/MSBPitchAmazon081220.aspx
8/13 amzn
https://www.cnbc.com/2020/08/13/more-than-1200-amazon-delivery-drivers-laid-off.html
9/2019
8/12 Chartmill Report
8/13
8/5 Drozd quote
Silicon review
8/14
Amazon’s Drone Patents
https://dronecenter.bard.edu/projects/other-projects/amazon-drone-patents/
Project Starship - Amazon project (1.4 million square feet, 400,000 on mezzanine, on 85 acres)
Other DD I’ve come across:
*******McBeamer Investments $UAVS:
https://twitter.com/c20spo/status/1284925381078810624?s=21
Reddit Penny Stocks DD:
Honest Abe DD Thread:
https://twitter.com/honestabestocks/status/1292841269048344578?s=21
Prado Based DD:
Upcoming and Recent Events
Recent:
8/27/2020 Approved exemption:
https://beta.regulations.gov/document/FAA-2019-0622-0003
"In consideration of the foregoing, I find that a grant of exemption is in the public interest. Therefore, Amazon is granted an exemption from 14 CFR to the extent necessary to allow Amazon to conduct part 135 air carrier operations for commercial package delivery or validation flights conducted in conjunction with the FAA review of an application for a part 135 operating certificate using its MK27 UAS"
Great National and Global Coverage on Amazon FAA Exemption:
FAA Exemption Coverage:
https://www.businessinsider.com/amazon-prime-air-delivery-drones-faa-ruling-2020-8
https://www.cnbc.com/2020/08/31/amazon-prime-now-drone-delivery-fleet-gets-faa-approval.html
https://nypost.com/2020/08/31/amazon-prime-air-gets-faa-approval-for-drone-deliveries/
https://www.cnet.com/news/amazon-prime-air-lands-faa-approval-for-drone-deliveries/
https://www.marketwatch.com/story/faa-approves-amazon-to-deliver-packages-by-drone-2020-08-31
https://thehill.com/policy/technology/514423-faa-approves-amazons-delivery-drone-fleet
https://abcnews.go.com/Technology/wireStory/amazon-wins-faa-approval-deliver-packages-drone-72730527
Upcoming:
Amazon Tentative Prime Air Launch Date Announcement Unknown
2020 FAA LAANC Onboarding Process
(consists of four steps from May 4, 2020 through October 9, 2020. The last step, Formal Onboarding, spans from 8/10 - 10/9.)
Q3 Earnings
(To be filed by the 45th day after the quarter ends, November 16th at the latest)
9/9/20 - 9/10/20 Gateway Conference
9th Annual Gateway Conference to Virtually Showcase Leading Companies on September 9th, 2020
https://s3.amazonaws.com/b2icontent.irpass.cc/2346/rl93432.pdf
*Refer to photo on next page
