EagleNXT Reports Third Quarter Fiscal Year 2025 Financial Results and Highlights Key Operational Developments | UAVS Stock News

StockTitan
2025.11.17 13:48
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EagleNXT reported a $1.4 million increase in drone revenue for Q3 FY2025, driven by demand in defense and public safety sectors. Operating expenses rose 12% due to R&D and sales investments. Cash reserves increased 360% from preferred stock issuances. The company advanced defense and public safety initiatives, expanded distributor partnerships, and submitted quotes to the U.S. Defense Logistics Agency. Recent financing enhances production capacity and supports strategic priorities.