<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <schemaVersion>X0202</schemaVersion>
<headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: ALPHA CAPITAL ANSTALT -->
          <cik>0001140358</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>


    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>5</amendmentNo>
      <securitiesClassTitle>COMMON STOCK, $0.001 PAR VALUE PER SHARE</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>06/30/2026</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0000008504</issuerCik>
        <issuerName>AgEagle Aerial Systems Inc.</issuerName>
        <issuerCusips>
          <issuerCusipNumber>449165109</issuerCusipNumber>
        </issuerCusips>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>505 Century Pkwy</com:street1>
          <com:street2>Suite 250</com:street2>
          <com:city>Allen</com:city>
          <com:stateOrCountry>TX</com:stateOrCountry>
          <com:zipCode>75013</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Alpha Capital Anstalt</reportingPersonName>
      <citizenshipOrOrganization>N2</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>5269190.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>5269190.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5269190.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>8.68</classPercent>
      <typeOfReportingPerson>CO</typeOfReportingPerson>
      <comments>Note to 5, 7, 9 and 11: Based on 60,754,593 shares outstanding as of May 28, 2026 as reported by Issuer on May 28, 2026.</comments>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>AgEagle Aerial Systems Inc.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>505 Century Pkwy, Suite 250, Allen, Texas 75013</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>Alpha Capital Anstalt</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>Altenbach 8, FL-9490 Vaduz, Liechtenstein</principalBusinessOfficeOrResidenceAddress>
        <citizenship>Liechtenstein</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>5,269,190.00</amountBeneficiallyOwned>
        <classPercent>8.68%</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>5,269,190.00</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>0 Shares</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>5,269,190.00</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>0 Shares</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>Alpha Capital Anstalt</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Konrad Ackermann</signature>
        <title>Konrad Ackermann/Director</title>
        <date>08/03/2026</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>
