EagleNXT deepens buying spree in Israel with $10m. investment in ThirdEye Systems

EagleNXT, a Kansas-based drone manufacturer formerly known as AgEagle, is significantly deepening its engagement with Israel's burgeoning defense-tech sector. The company announced a substantial $10 million investment in ThirdEye Systems, a move that not only secures a significant stake in the Israeli firm but also paves the way for a strategic joint venture.

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Third Eye has developed world-class, high-performance optical detection and anti-drone systems that are a perfect complement to our expanding portfolio of UAV solutions.

This partnership is poised to leverage ThirdEye's cutting-edge counter-drone technologies, particularly its advanced thermal and visual imaging systems, for the American and Canadian markets. The establishment of ThirdEye USA, a joint venture majority-owned by EagleNXT and based in Texas, signifies a commitment to adapting these sophisticated Israeli innovations for North American defense and security needs.

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With the establishment of the joint venture at our facility in Allen, Texas, we are strengthening our position in the defense and security markets, while providing locally customized solutions manufactured in the United States, which meet the procurement and export requirements of the United States.

ThirdEye Systems has carved a niche in developing AI-powered systems capable of detecting small, fast-moving aerial threats, even in challenging conditions where traditional radar falters. Their technology, honed over years of development and deployed in military and homeland security environments, has seen growing demand from NATO-aligned customers and Gulf countries. This investment underscores the global recognition of Israel's prowess in defense technology and EagleNXT's strategic move to integrate these capabilities into its expanding portfolio.

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a strong vote of confidence