Eva Live (NASDAQ: GOAI) Introduces EvaFarmSight for Precision Agriculture Market Projected to Reach $38.8 Billion

GlobeNewswire10-29 20:30

Multi-tenant platform combines fixed-wing VTOL drone operations, crop intelligence, targeted treatment planning, and mission management

Product information and an interactive demonstration are available at evafarmsight.com

LAS VEGAS, NV, Oct. 29, 2026 (GLOBE NEWSWIRE) -- Eva Live Inc. (NASDAQ: GOAI) ("Eva" or the "Company"), an artificial intelligence and autonomous technology company, today announced EvaFarmSight, an AI-powered precision agriculture platform designed to connect machine vision, fixed-wing vertical takeoff and landing drone operations, crop monitoring, and field-level decision support.

The public website and interactive product demonstration are available at evafarmsight.com. Current customers can use the same site to sign in to their organization’s secure operating environment.

The initiative marks Eva's expansion into a major new commercial market, leveraging the Company's existing investments in artificial intelligence and autonomous systems to address the growing demand for agricultural automation.

According to Grand View Research, the global precision farming market is projected to expand from approximately $16.8 billion in 2026 to $38.8 billion by 2033, representing a compound annual growth rate of 12.7%.

The agricultural drone market, a segment within the broader agricultural technology ecosystem, is separately projected to reach $13.2 billion by 2033, growing at 18.8% annually.

Eva believes these trends present a significant opportunity for companies capable of combining autonomous aerial systems with sophisticated AI analytics.

From Autonomous Defense Technology to the World's Farmlands

Through its Eva Defense initiative, Eva has been developing autonomous drone concepts, machine vision capabilities, and AI-driven technologies intended for demanding operational environments.

Now, Eva intends to apply relevant elements of those technologies to a different mission: helping farmers protect crops, reduce waste, and operate more efficiently.

EvaFarmSight is designed as a secure, multi-tenant agricultural operations platform that transforms aerial imagery and field data into findings, targeted treatment plans, and flight missions that farm teams can review and manage.

"The same artificial intelligence that can help an autonomous drone identify an object in a complex environment can also help a farmer identify a crop problem across thousands of acres," said David Boulette, Chief Executive Officer of Eva Live Inc.

"We believe the future of farming will involve autonomous drones continuously gathering intelligence while AI analyzes field conditions and helps farmers make better decisions. Our goal is to make that future practical, affordable, and scalable."

Giving Every Acre an AI-Powered Eye in the Sky

EvaFarmSight is being designed around a simple concept: farmers should not have to physically inspect every acre to understand what is happening across their land.

The platform’s current and planned capabilities include:

  • AI Crop Health Detection: Analyze aerial imagery for signs of potential disease, pest activity, crop stress, and abnormal vegetation patterns, with findings organized by severity and confidence.
  • Fixed-Wing VTOL Survey Operations: Support repeatable aerial inspections using long-range aircraft that combine vertical takeoff and landing with efficient fixed-wing field coverage.
  • Targeted Treatment Planning: Convert reviewed crop findings into treatment zones and draft prescriptions so farm teams can focus applications on affected areas.
  • Precision Water Management: Detect potential irrigation problems, uneven moisture, and drainage patterns that may require field inspection.
  • Field Intelligence and Records: Maintain field-level crop information, survey history, findings, and aerial records throughout the growing season.
  • Mission and Fleet Management: Plan survey, treatment, and verification missions while monitoring aircraft readiness, battery status, and flight activity.
  • Multi-Tenant Agricultural Operations: Separate each customer organization’s farms, fields, aircraft, missions, and user access within a shared platform architecture.

The Company's longer-term vision includes integrating autonomous aerial monitoring with AI software to create a continuously improving agricultural intelligence system.

A New Recurring Revenue Opportunity for Eva

EvaFarmSight is intended to create opportunities for recurring software revenue, enterprise agricultural licensing, and autonomous monitoring services.

Potential commercial models include subscription-based crop analytics, per-acre monitoring services, enterprise platform licensing, and partnerships with agricultural equipment providers and drone operators.

Unlike traditional agricultural equipment businesses that rely primarily on hardware sales, Eva intends to explore a software-centric model that could generate recurring revenue as farmers use the platform throughout successive growing seasons.

The Company believes this approach could allow EvaFarmSight to scale through agricultural service providers and technology partners without requiring Eva to manufacture or operate every drone used by customers.

Artificial Intelligence Is Moving Beyond the Data Center

EvaFarmSight reflects a broader strategic direction for Eva: commercializing artificial intelligence in industries where software can directly influence real-world operations.

The Company's initiatives span enterprise AI, autonomous defense systems, machine vision, and now agricultural intelligence.

By applying related technology capabilities across multiple markets, Eva aims to create additional commercialization opportunities from its core research and development activities.

"Agriculture represents a tremendous opportunity because the value of better information can be measured in real economic terms," Boulette added.

"A farmer who identifies a developing problem earlier may be able to protect an entire section of a field. A farm that optimizes water and fertilizer usage can potentially improve its economics. We want EvaFarmSight to put advanced AI technology to work where those improvements matter."

Product Platform and Commercial Development

The EvaFarmSight web platform provides a public product overview and interactive demonstration. Within the operating environment, farm teams can review crop health, examine findings by severity and confidence, prepare targeted treatment prescriptions, plan missions, and monitor VTOL aircraft readiness.

The platform uses organization-based roles and server-side tenant controls to separate each customer’s operational data. Eva intends to continue validating EvaFarmSight with agricultural operators, developing industry partnerships, and advancing its autonomous monitoring and analytics capabilities.

Learn more and explore the product at evafarmsight.com.

About Eva Live Inc.

Eva Live Inc. (NASDAQ: GOAI) is an artificial intelligence technology company focused on developing and commercializing advanced AI software, autonomous systems, and intelligent applications across multiple industries. Through its technology initiatives, including Eva Defense, the Company is pursuing opportunities in enterprise artificial intelligence, autonomous technology, machine vision, digital media, and emerging commercial applications.

For more information, visit www.eva.live.

Market Research Sources

Grand View Research, Precision Farming Market Size & Share Report, 2026–2033, June 2026.

Grand View Research, Agriculture Drones Market Size & Share Report, 2026–2033, June 2026.

The market estimates represent third-party industry projections and do not constitute Company revenue forecasts or estimates of EvaFarmSight's obtainable market share.

Cautionary Note Regarding Forward-Looking Statements.

This press release contains "forward-looking statements" within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included herein, including but not limited to such things as future business strategy, plans, and goals, and the expansion and growth of our business. The words "estimate", "plan", "anticipate", "expect", "intend", "believe" "target", "budget", "may", "can", "will", "would", "could", "should", "seeks", or "scheduled to" and similar words or expressions, or negatives of these terms or other variations of these terms or comparable language or any discussion of strategy or intention identify forward-looking statements. Please see the risk factors included in the Company’s United States Securities and Exchange Commission filings, which could cause actual results and events to differ materially from those contained in the forward-looking statements. You are cautioned against attributing undue certainty to forward-looking statements. Although these forward-looking statements were based on assumptions that the Company believes are reasonable when made, you are cautioned that forward-looking statements are not guarantees of future performance and that actual results, performance, or achievements may differ materially from those made in or suggested by the forward-looking statements in this press release. Any forward-looking statements made in this press release speak only as of the date of those statements. We undertake no obligation to update those statements or publicly announce the results of any revisions to any of those statements to reflect future events or developments.

Media Inquiries:
Javan Khazali
Phone: 310-229-5981
Email: info@eva.live
Website: @eva.live
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Facebook: @evaliveinc
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LinkedIn: @eva-live
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