EagleNXT, the U.S. arm of AgEagle Aerial Systems, announced a $10 million investment to acquire a 51% stake in a newly formed U.S. joint venture, ThirdEye USA, LLC, that will bring Israeli counter‑drone technology to the United States and Canada.
The joint venture will be headquartered at EagleNXT’s Allen, Texas facility and is slated to become operational in May 2026. The investment is structured as an initial $10 million commitment, with the possibility of increasing to $14.95 million, and EagleNXT also holds just over 11% of ThirdEye’s shares in the Israeli parent company, giving it an option to expand its ownership in the future.
The partnership combines EagleNXT’s fixed‑wing drone, sensor and software expertise with ThirdEye’s electro‑optical recognition and AI‑powered counter‑drone technology. By localizing production in the United States, the joint venture will meet U.S. acquisition and export requirements and broaden EagleNXT’s defense and public‑safety portfolio, positioning the company to capture a share of the projected $20 billion counter‑UAS market by 2030.
Bill Irby, EagleNXT’s CEO, said, "ThirdEye Systems has developed world‑class, high‑performance optical recognition and counter‑drone capabilities that complement our expanding portfolio of UAS solutions." He added, "With the establishment of the ThirdEye USA joint venture in our Allen, Texas facility, we are strengthening our position in the defense and security markets while delivering American‑produced, localized solutions that align with U.S. acquisition and export requirements."
The deal reflects a broader strategic shift for EagleNXT, which has recently invested in Aerodrome Group Ltd. to add loitering munition and precision‑strike capabilities. Together, the three entities offer a complete air‑domain spectrum—from aerial intelligence gathering to counter‑drone defense and high‑precision offensive UAS—providing customers with a single, trusted partner for protecting critical assets in a rapidly evolving security environment.
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