AgEagle Aerial Systems Inc Secures 17 New Purchase Orders for eBee TAC Drones from U.S. Defense and Security Customers

Recent Sales Momentum Continues with New Contracts from Established and New Customers

Agreement Includes Units for Tactical Applications Like Reconnaissance, Surveillance, and Mapping

Wilmington, Ohio, March 8, 2023 – AgEagle Aerial Systems Inc. (NYSE: UAVS), a leading provider of drones and data solutions, today announced that it has secured 17 new purchase orders for its eBee TAC drones from U.S. defense and security customers. This latest round of orders follows AgEagle's recent announcement of a $16.6 million contract with the U.S. Department of Defense for its eBee TAC drones. The eBee TAC is a proven platform for tactical applications like reconnaissance, surveillance, and mapping. It is designed for portability, ease of use, and long endurance. The new purchase orders include units for both new and existing customers. This demonstrates the growing demand for AgEagle's drones and data solutions in the defense and security market. "We are pleased to see continued strong demand for our eBee TAC drones from U.S. defense and security customers," said Brandon Torres Declet, CEO of AgEagle. "These new orders are a testament to the quality of our products and the value that they bring to our customers' missions." AgEagle expects to deliver the drones under these new purchase orders in 2023. The company believes that the continued strong demand for its drones and data solutions will drive further growth in the defense and security market. About AgEagle Aerial Systems Inc. AgEagle Aerial Systems is a leading provider of drones and data solutions for agriculture, infrastructure, and security. The company's drones are used to collect data that can be used to improve crop yields, monitor infrastructure, and provide security. AgEagle is headquartered in Wilmington, Ohio.