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AgEagle Aerial Systems (UAVS) Stock Jumps After Integration with Parrot Drone Platform

Tuesday, June 08, 2021 11:24 AM | Kyle Depontes

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AgEagle Aerial Systems (UAVS) Stock Jumps After Integration with Parrot Drone Platform

What is going on with UAVS?

AgEagle Aerial Systems (UAVS) stock surged today after the company announced that Measure, an AgEagle company, had partnered with Parrot (PARRO) to integrate Measure Ground Control with Parrot’s ANAFI, ANAFI USA and ANAFI Thermal drone platforms. Shares of UAVS increased 6.93% to $6.13 as of Tuesday at 11:07am.

Headquartered in Paris, Parrot is one of the top European drone groups, and designs drones for agriculture, 3D mapping, surveying and inspection, and defense and security.

What does this mean for AgEagle?

Measure's management application is significant as it provides customers with a solution for easily managing and scaling drone fleet operation workflows. Ground Control also enables consumers to fly, track and manage their ANAFI drones in real time, as well as view key metrics such as manual flight control and program management and compliance.

Parrot’s Director of Strategic Partnerships, Jerome Bouvard, noted, “Parrot remains committed to continuous innovation of our ANAFI platform through the addition of high performance, value-enhancing partners. The integration with Measure Ground Control advances Parrot’s quest to provide the most robust, safe and reliable drone solutions to professional operators seeking to deploy drones at scale.”

Measure Ground Control can be downloaded to iOS systems, and will be available for Android systems later this year.

Sentiment Score - ,bullish

Ageagle Aerial Systems Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on UAVS!

AgEagle Aerial Systems Inc is a provider of drone imagery data analytics for the precision and sustainable agriculture markets. It designs, produces, distributes, and supports technologically- advanced small unmanned aerial systems (UAVs) that it offers for sale commercially to the precision agriculture industry. The company derives revenue from product sales and subscription sales, of which most of the revenue is derived from product sales.

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