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Envirotech Vehicles shares surge 15.25% premarket after confirming 80 heavy-capacity drone deposits and initiating production with FAA/ENAC certification plans.
ByAinvest
Thursday, Nov 13, 2025 8:03 am ET1min read
Envirotech Vehicles (NASDAQ:EVTV) surged 15.25% in premarket trading following the announcement that its AG Drone division has entered production and certification execution for 80 heavy-capacity drones, with confirmed deposits from Studio di Agronomia Baffetti and Venture Air Solutions. The news detailed milestones including FAA Stage II and ENAC certification submissions by Q4 2025, a pre-production run of 10 units in Q4 2025, and a target of 150+ units/year by Q3 2026, with projected drone division revenue exceeding $150 million by Q4 2027. The company emphasized strategic expansion in Arkansas and Texas, along with in-field testing in Italy, underscoring its transition to a fully integrated ground-and-air mobility provider. The bullish reaction aligns with the production milestone, certification progress, and revenue projections, which signal operational execution and market expansion.
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