AgEagle Aerial Systems Inc. UAVS is now commanding a market cap of 129.19M and a float of 28.61M. The drone they designed goes by the name MK35. To put it simply, the company is going to manufacture its drones for the use of product delivery.The company failed to name this partner but there are rumors the partner is mega giant Amazon. Although there is no evidence found only a screenshot, we dig deeper.According to some posts on Reddit, this major ecommerce company has been in talks and has been a client of AgEagle Aerial Systems since 2014 as shown in the post below.AgEagle Aerial Systems will indeed begin to manufacture delivery drones for the ecommerce giant most likely Amazon.There was also a corporate video rumored to be leaked on the Morgan Chilcott 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. As of April 29th, AgEagle is absolutely skyrocketing. Partnering with a company of this magnitude could help AgEagle tremendously and propel them to new heights and profitability. Investors seem to have run with it and as a result, the stock price is skyrocketing.
AgEagle Aerial Systems (UAVS) rises on rumor of leaked news of Amazon (AMZN) or a major eCommerce company. Even though both drones contain similar names, it’s not enough to make a conclusion or theory (although it certainly adds fuel to the fire). Look to possibly add a short term position here as time might be running out to get in on the action.
Always feel free to reach out with any direct comments, questions, or concerns!Genius Brands, a content and brand management company, creates and licenses multimedia content for toddlers to tweens worldwide. AgEagle Aerial Systems Appoints New Chief Executive Officer GlobeNewswire Inc. - 5/1/2020 2:32:48 PM: Securities Registration Statement (simplified Form) (s-3) Edgar (US Regulatory) - 4/27/2020 5:02:40 PM: AgEagle to Hold Corporate Update Conference Call on Thursday, April 30, 2020 at 11:00 a.m. Technological innovation is at the heart of AgEagle Aerial Systems Inc. AgEagle has earned distinction as one of the industry's leading pioneers of technologically advanced commercial drones and aerial imagery-based data collection and analytics solutions for the precision farming, hemp and emerging drone-enabled package delivery markets. You should not base investment decisions solely on this document. The ability to deliver products quicker than ever before in sometimes as little as 30 minutes. This drone is found to be registered with the FAA to a British company.The significance of this finding is because of one key fact. The company specializes in sourcing, processingChina Recycling Energy Corporation, is a company that designs, finances, constructs, installs, operates, and transfers waste energy recycling projects toOh how the mighty have fallen.