EagleNXT announced that it has secured a contract to deliver six eBee TAC fixed‑wing drones to the U.S. Army. Each aircraft is equipped with S.O.D.A. 3D and Duet M sensors and is fully activated with RTK/PPK, enabling centimeter‑level mapping accuracy without the need for extensive ground control points. The drones have a 90‑minute endurance, a 17.2‑mile range, and digital‑camouflage features that make them suitable for contested or remote operations.
The eBee TAC platform is the first BVLOS‑capable, regulatory‑approved system that can operate in a variety of tactical environments. By integrating high‑resolution sensors with precise positioning, the platform delivers rapid, reliable aerial data that can be used for mapping, surveillance, and intelligence gathering. The contract demonstrates the Army’s confidence in the platform’s ability to meet stringent operational requirements.
CEO Bill Irby said the deal “highlights the surging demand across Europe for advanced tactical mapping capabilities” and that the need for rapid, reliable aerial data collection is expanding exponentially. The sale is a key milestone in EagleNXT’s strategic pivot toward defense and government markets, reinforcing its focus on high‑margin, high‑value contracts that can offset the company’s historically weak commercial revenue streams.
Despite the contract win, AgEagle Aerial Systems remains in a distressed financial position. The company’s revenue has declined year‑over‑year, with Q3 2025 revenue at $3.28 million versus $3.48 million a year earlier, and it has posted negative operating and net margins of –72.19 % and –151.7 % respectively. An Altman Z‑Score of –5.93 signals a high bankruptcy risk. The Army contract provides a short‑term boost but is unlikely to reverse the long‑term profitability trend without additional revenue growth and cost discipline.
The announcement was well received by investors, who viewed the contract as a validation of EagleNXT’s technology and a potential catalyst for future defense sales. Management remains cautious, emphasizing the need to continue cost controls and to secure additional contracts to achieve sustainable profitability.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.