It’s too risky for that. AgEagle maintains its promise of Wichita growth on the back of a mystery customer. AgEagle Aerial Systems (UAVS) rises on rumor of leaked news of Amazon (AMZN) or a major eCommerce company. Article printed from InvestorPlace Media, https://investorplace.com/2020/08/uavs-stock-all-about-amazon/. Stockpence is currently seeking to expand our team of contributors. While AgEagle doesn’t exactly name the big-ticket client, it’s not difficult to connect the dots as clues are provided: Representing significant new revenue, the new purchase orders relate to the continued manufacturing and assembly of drones used for the testing and refining of the client’s commercial drone small package delivery vehicles, systems and operations currently in development. There’s some mystery surrounding the details, but that’s not necessarily a bad thing. Therefore, the company’s financial numbers do not quite justify the recent increase of UAVS stock. And the reasons for that go beyond the way the company, Walmart has managed to thrive in 2020. Copyright © 2020 InvestorPlace Media, LLC. Great business idea. That announcement breathed life into the bull thesis that AgEagle is a potential major player in the drone economy. Produce a comprehensive crop report. It’s just the privacy setting on the video was fixed to where no one could see the video. Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article. Continues strong progress in the drone delivery market. But the addressable market was niche, and management didn’t execute very strongly in winning business. And, as if all that weren’t enough, local Kansas media has reported that Amazon’s name appears on RFPs (Requests for Proposals) to bid on work at an unprecedentedly large million square foot factory in Kansas, set to open by August 2021. Amazon is constantly investigating new locations to support the growth and increase the flexibility of its North American fulfillment network to address customers’ needs, however, the company is not yet commenting on any specific operations plans in Kansas. In his latest feat, Louis discovered the “Master Key” to profiting from the biggest tech revolution of this (or any) generation. They used to operate out of a small facility that resembled a shack, with less than 8 … However, it could be a very familiar online commerce giant that specializes in fulfilling orders and getting packages to your door. Which seems a little far fetched. In fact, the share price has doubled since early June. And, it’s one of the few companies with the ability to manufacture a vaccine at the scale that will be required. 7 Monthly Dividend Stocks To Buy Now For Safe Payouts, 10 Education Stocks to Buy for the Fall School Season, 7 Cheap Stocks to Snap Up Before the Market Realizes Their Worth, facilitates digital payment for consumers and businesses, 7 Fitness Stocks to Buy for the Pandemic and Beyond, Why Everyone Is Investing in 5G All WRONG, America’s #1 Stock Picker Reveals His Next 1,000% Winner, Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company, Radical New Battery Could Dismantle Oil Markets. Plus, the company has been teasing around with drone tech for a few years, so it’s not like Amazon is starting from square one. And that revenue was threatened when the company’s theme parks around the world were forced to close. If you check her Facebook you can see she is from Neodesha, Kansas where the company was founded and is headquartered. The company also had a meeting today and here’s what it disclosed: Now one could say this was just a move to pump their stocks. Android tablet required (not supplied) Subscription to an aerial processing service like Agribotix, Botlink, DroneDeploy or Photo Scan by Agisoft is required to process aerial images into aerial maps. Absolutely no mention of the drone partnership with Amazon rumor. Connect with friends faster than ever with the new Facebook app. No commission trades and an app like Robinhood allow traders to buy or sell shares in the time it takes to order from. As of this writing, Tezcan Gecgil did not hold a position in any of the aforementioned securities. As AgEagle Aerial Systems ventures into a new direction, UAVS stock holders can add to their positions in anticipation of outstanding gains.More From InvestorPlace Why … We are trusted to help the world's growers and urban green managers proactively assess and manage the health of commercial crops and green infrastructure, reduce the chemicals in produced foods and … The idea was pretty simple. Flight plans are created on an Android Tablet (supplied by the customer), the drone is tossed in the air, it then flies a scan pattern over the field of interest.
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