From Nate at Yahoo Finance. Have to share!
1. UAVS is at the forefront of a technology that is only gaining traction and a sector that is expected to top 25 BILLION by 2025
2. UAVS was selected to participate in the Unmanned Aircraft System “UAS” Integration Pilot Program “IPP” in the state of Kansas “this original IPP was launched through a Presidential Memorandum in October 2017 with nine regional participants. The U.S. Department of Transportation (DOT) Instituted it as a three-year program to enable state local and tribal government in collaboration with industry to advanced more complex UAS Operations in the National Airspace Systems. It has since been awarded the main partner for Kansas to move on to the next phase of this project.
3. Kansas as one of the regions participants in the BEYOND program selected UAVS as the local expert in all fields to be the participant for this program and to hep in the the advancement of several key issues in the Drone sector. Sone of these issues are but not limited to
-Beyond Visual Line of Sight (BVLOS) Operations that are repeatable scalable and economically viable with specific emphasis on infrastructure inspection public operations and small package delivery.?
-Leveraging Industry operations to better analyze and quantify the societal and economic benefits of unmanned aerial systems (UAS) operations.
-Focusing on community engagement efforts to collect analyze and address community concerns
CEO Michael Drozd said this about the next phase “We are very pleased that AgEagle’s (UAVS) Will be contributing to the advancement of unmanned aerial systems technology in real world applications, which should ultimately lead to the streamlining of approval processes for UAS integration into the national airspace system. We believe that our experience and expertise in drone manufacturing, drone delivery systems integration and aerial imaging-based data collection and analytics will prove in valuable as we work and close collaboration with KDOT “Kansas Dept. Of Transportation) universities and other public and private partners involved with the BEYOND program to realize the full and very promising potential of commercial drones.”
4. Recently have opened up their new headquarters located in Wichita, KS
5. Has acquired a yet to be named “Major E-Commerce” partner
In addition to all of the positive news and catalysts one must also look at where the money is coming from and who is starting to buy into UAVS. In a recent SEC filings report Vanguard Group Inc reported that they increased their shares of UAVS by 1,243.13% leaving them with a current share count upwards of 821,552 shares
Although UAVS is still in what I believe is an infant stage big money will start following suit. Large groups like Vanguard will soon follow suit.
Like I stated above whether for it or against it do your own DD and go with whatever one outweighs the other.
As for me I am ALL IN on this one and am SUPER BULLISH on this over the next few years.
It’s not get rich quick, but rather trust the company, trust the evidence, and trust your research. The rest will come
Blessings to all and may God Bless you all ??
AI
