Envirotech Vehicles, Inc. Enters Into Agreement To Receive U.S.-Made Heavy Lift Agricultural Drone And Plans To Commence U.S. Drone Manufacturing

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[{"type":"text","content":"HOUSTON, TX / ACCESS Newswire / May 8, 2025 / Envirotech Vehicles, Inc. (NASDAQ:EVTV) ("Envirotech" or the "Company") today announced that through its subsidiary, AG Drones Inc. ("AG Drones"), it has entered into a Consulting and Manufacturing Agreement with a U.S. drone manufacturer for the manufacture of a U.S.-made heavy lift drone and that, following delivery of the drone and its associated intellectual property, Envirotech plans to open its previously announced drone manufacturing facility in the United States.","length":551,"tagName":"p"},{"type":"text","content":"The Consulting and Manufacturing Agreement provides for the design and build of a heavy lift U.S.-made electric unmanned aerial system ("UAS") for AG Drones in accordance with AG Drones' detailed specifications. Upon delivering the drone to AG Drones, the design-manufacturer will also transfer all accompanying intellectual property to AG Drones in connection with which Envirotech intends to open its U.S. drone manufacturing facility.","length":451,"tagName":"p"},{"type":"text","content":"The delivery of the heavy lift agricultural drone to AG Drones is part of Envirotech's recently announced plan of creating an electric drone division. The initial heavy lift drone is purpose-built for the agricultural market, with advanced spraying and mapping functionality. U.S. made, with no reliance on Chinese parts, AG Drones will be National Defense Authorization Act ("NDAA") compliant.","length":408,"tagName":"p"},{"type":"text","content":""In accordance with Envirotech's plan to create a drone division, the delivery of a heavy lift agricultural drone is a big step forward," said Jason Maddox, President and Interim Chief Financial Officer of Envirotech. "Our AG Drones division is expected to build a U.S.-based production facility and begin generating revenue in 2025. We believe that this strategic move will rapidly expand Envirotech's revenue base beyond commercial land-based vehicles this year."","length":493,"tagName":"p"},{"type":"text","content":"The heavy lift agricultural drone is expected to be delivered to AG Drones during the second quarter of 2025.","length":109,"tagName":"p"},{"type":"text","content":"Business owners and potential strategic partners interested in learning about ...

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