AgEagle Aerial Systems Expands Small business Enhancement Crew with Vital Hires of Accomplished Drone Industry Veterans

Paul Allen Named Vice President of Business enterprise Growth, Drone Alternatives and
Maribeth Forst Named Director of Business enterprise Progress, Drone Alternatives

WICHITA, Kan., March 10, 2021 (World NEWSWIRE) — AgEagle Aerial Methods Inc. (NYSE American: UAVS) (“AgEagle” or the “Company”), an industry foremost drone solutions supplier, today declared the growth of the Company’s organization enhancement team with the appointment of two remarkably professional and accomplished drone industry veterans.

Paul Allen has been named the Company’s new Vice President of Business Advancement, Drone Options, tasked with figuring out, pursuing and negotiating strategic new client and husband or wife interactions.

From 2009 by means of 2019, Allen rose through the ranks at Insitu, The Boeing Company’s UAS division. At Insitu, Allen established their Professional Plan Place of work, in which he oversaw the UAS Type Certification endeavours culminating in the to start with Group II UAS restricted type certification (14 CFR 21.25) as very well as a few historic UAS firsts: 1) Over and above Visible Line of Sight (BVLOS) UAS operations in Denmark, 2) the initial UAS operations in assist of hearth suppression efforts at the Paradise Hearth in Washington Point out, and 3) BVLOS operations in the continental United States for Burlington Northern Santa Fe Railways in New Mexico. He also spearheaded endeavours to use UAS for catastrophe relief efforts with an emphasis on wildland hearth suppression resulting in far more than 450 operational flight several hours over wildfires in Oregon and California. Prior to his Industrial UAS successes he held roles from Business enterprise Manager to Director of Global Functions, and Vice President of Small business Improvement where by he was liable for accomplishing enterprise short-time period buy targets and establishing new company to notice very long-time period purchase targets. He reached major growth for Insitu internationally, even though sustaining their core client, the United States Department of Defense. Allen also served as the Director of Profits at Iris Automation, a basic safety avionics engineering enterprise, in which he was credited for connecting Iris Automation’s DAA know-how with significant drone OEMs and close people, resulting in a sizeable enhance in the Company’s get pipeline.

In addition to Allen, AgEagle has also recruited Maribeth Forst to join AgEagle as its new Director of Business enterprise Development, Drone Options. Forst will be responsible for driving earnings development and sector adoption of the Company’s finish-to-conclusion commercial drone devices. For the earlier 15 several years, Forst has preserved a profitable observe report in developing, securing and running new company progress options centered on technological and consultative answers for the company and governing administration sectors.

Most recently, Forst served as Business enterprise Enhancement Govt at ARGUS International wherever she spearheaded the UAS/UAM vertical industry by furnishing subject issue expertise, personalized solutions, and consulting to aid Community Basic safety, commercial/civil, and drone supply functions. Her substantial integrity can be attributed to the solid partnerships and performing relationships that she created with critical federal, point out and local authorities companies, UAS makers and operators, as perfectly as primary UAS advocacy teams with powerful impact more than emerging regulatory procedures and compliance requirements for several drone platforms. Forst also served as Public Safety Sales Supervisor of North The united states at FLIR Methods, Inc., a planet main industrial technological innovation company targeted on clever sensing solutions for defense and industrial purposes.

Michael Drozd, Main Executive Officer of AgEagle, said, “At AgEagle, we are centered on attracting and recruiting the ideal talent in our field, as mirrored in our new hires of Paul Allen and Maribeth Forst. Both of those proven company enhancement executives considerably enhance our staff with their verified field expertise and respective skillsets. I am incredibly happy and thrilled to welcome them to AgEagle.”

About AgEagle Aerial Methods Inc.

Established in 2010, Wichita-based AgEagle is one particular of the nation’s foremost industrial drone technological know-how, solutions and remedies providers. We provide the metrics, resources and strategies essential to determine and carry out drone-enabled remedies that fix important challenges for our valued buyers. AgEagle’s advancement procedures are centered on the shipping of innovative drone systems, agreement manufacturing expert services and agtech methods. Our goal is to establish AgEagle as one of the dominant professional drone design and style, engineering, producing, assembly and testing providers in the United States and turn out to be the world’s dependable source for turnkey drone shipping and delivery companies and answers. In addition, we continue to leverage our name as just one of the main technological innovation alternatives vendors to the Agriculture marketplace with finest-in-course drones, together with info analytics for hemp and other professional crops. By our subsidiary, AgEagle Sensor Programs, Inc., d/b/a MicaSense, we continue to be at the forefront of multispectral sensor growth, providing large high-quality drone-centered cameras to the world-wide current market. For further facts, please stop by www.ageagle.com and www.micasense.com.

Ahead-Hunting Statements
This push launch may well contain “forward-seeking statements” in just the meaning of Segment 27A of the Securities Act of 1933 and Part 21E of the Securities Exchange Act of 1934. These statements involve challenges and uncertainties that could negatively influence our company, running results, economic situation and stock price tag. Things that could result in actual effects to vary materially from management’s present-day expectations include those people challenges and uncertainties relating to our competitive placement, the business ecosystem, possible advancement opportunities, and the results of regulation and activities outside of our regulate, this sort of as all-natural disasters, wars or health epidemics. We expressly disclaim any obligation or endeavor to launch publicly any updates or revisions to any ahead-searching statements contained herein to replicate any alter in our expectations or any adjustments in activities, problems or circumstances on which any such assertion is centered, apart from as necessary by regulation.

AgEagle Aerial Techniques Contacts:

Trader Relations:
Gateway Trader Relations
Sean Mansouri, CFA or Cody Cree
Phone: 949-574-3860
Email: [email protected]

Media:
Clarity PR
Monica Feig
Cellular phone: 818-917-0770
E mail: [email protected]