UAVS · AgEagle Aerial Systems, Inc.

Summary

AgEagle Aerial Systems Inc. (dba EagleNXT) entered into a private placement subscription agreement on March 4, 2026, purchasing 11,523,750 ordinary shares of Aerodrome Group Ltd. at 0.80 NIS per share for 9,219,000 NIS. The agreement outlines a framework for a joint venture to distribute advanced autonomous uncrewed systems in the US and Canada, subject to definitive documents and regulatory approvals.

Key takeaways

• Entered private placement on March 4, 2026 with Aerodrome Group Ltd.
• Purchased 11,523,750 ordinary shares at 0.80 NIS per share
• Aggregate purchase price of 9,219,000 NIS
• Framework for joint venture to distribute uncrewed systems in US and Canada
• Joint venture subject to definitive documents and regulatory approvals
• Press release attached as Exhibit 99.1 dated March 6, 2026