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Draganfly Announces Additional Exercise Of Over-Allotment Option
GlobeNewswire· 2025-06-06 23:15
Core Points - Draganfly Inc. has successfully closed a US$3.6 million underwritten public offering and the underwriter has exercised an over-allotment option for an additional 100,000 shares, raising an extra US$209,000 [1][2][3] Group 1: Offering Details - The offering was conducted under an effective shelf registration statement filed with the SEC and a Canadian short form base shelf prospectus [3][4] - The net proceeds from the offering will be used for general corporate purposes, including funding new product capabilities, growth initiatives, working capital, and research and development [2][3] Group 2: Company Overview - Draganfly Inc. is a pioneer in drone solutions, AI-driven software, and robotics, with over 25 years of innovation in the drone technology sector [6]
Draganfly Showcases Tactical Drone Innovation at Global Defense Summit in Latvia
GlobeNewswire· 2025-06-05 11:15
Core Insights - Draganfly Inc. successfully participated in the Global Drone Innovation and Defense Coalition Summit, showcasing its advanced drone solutions and systems [1][4] - The summit saw the expansion of the Drone Coalition from 17 to 20 member states and highlighted a collective investment of €4 billion towards enhancing drone capabilities [2] - Draganfly was recognized as a leading provider, demonstrating its modular and interchangeable FPV platform, and multiple tactical deployment drone systems [3] Company Highlights - Draganfly showcased its interoperable family of tactical drone platforms, including The Commander 3XL, The APEX, and the modular Flex FPV [3] - The company emphasized its commitment to innovation and mission adaptability, engaging with academic and research institutions for potential collaborations in military drone advancements [4] - Draganfly's ongoing support for Ukraine and its focus on field-driven innovation were highlighted during the summit [5] Industry Context - The summit attracted over 1,500 participants from 28 countries, indicating a strong interest in drone technology within the defense sector [2] - The collective investment of €4 billion reflects the growing importance and prioritization of drone capabilities among coalition member states [2]
Draganfly Announces Delivery of Flex FPV Systems to Major U.S. Prime Defense Contractor
GlobeNewswire· 2025-06-03 11:15
Tampa, Florida, June 03, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce the first deliveries of its revolutionary Flex FPV (First Person View) systems under an order from a major U.S. military prime contractor supporting land systems operations for allied forces. The Draganfly Flex FPV system is built around a modular core architecture that allows operators to seamlessly switch be ...
Peter Lambrinakos, O.O.M., CPP, Joins Draganfly's Public Safety Advisory Board, Strengthening Canadian Leadership in Public Safety
GlobeNewswire News Room· 2025-05-14 11:15
Core Insights - Draganfly Inc. has appointed Peter Lambrinakos to its Public Safety Advisory Board, bringing over 30 years of expertise in public safety, national security, and technology deployment [1][4][5] - Lambrinakos's experience includes leadership roles in VIA Rail Canada and the Montreal Police Service, where he implemented significant public safety reforms and advanced operational excellence [2][3] - His appointment aligns with the increasing demand for secure, domestically developed drone technologies in public safety and national security sectors [5][6] Company Overview - Draganfly Inc. is a leader in drone technology, AI, and autonomous systems, focusing on innovative solutions for public safety, defense, agriculture, and industrial applications [9] - The company emphasizes the development of secure, ethical drone technologies tailored to the needs of public safety agencies and national security stakeholders [4][5] - Draganfly is recognized for its commitment to North American-made technology and has over 25 years of experience in the UAV industry [9] Strategic Positioning - The appointment of Lambrinakos is seen as a strategic move to enhance Draganfly's capabilities in deploying advanced drone technologies that support law enforcement and emergency response [6][7] - Draganfly's Public Safety Advisory Board consists of experienced leaders from various sectors, guiding the development of situational awareness platforms and AI-enhanced aerial systems [6] - The company aims to uphold Canada's legacy of innovation and operational excellence in public safety through its initiatives [7]
Draganfly Inc. (DPRO) Reports Q1 Loss, Misses Revenue Estimates
ZACKS· 2025-05-08 23:20
Draganfly Inc. (DPRO) came out with a quarterly loss of $0.44 per share versus the Zacks Consensus Estimate of a loss of $0.48. This compares to loss of $0.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.33%. A quarter ago, it was expected that this company would post a loss of $0.65 per share when it actually produced a loss of $0.79, delivering a surprise of -21.54%.Over the last four quarters, the company has surpassed ...
Draganfly Announces First Quarter Results of 2025
GlobeNewswire· 2025-05-08 21:11
Vancouver, BC., May 08, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce its first quarter financial results. Key Financial and Operational Highlights for Q1 2025: Revenue for the first quarter of 2025 was $1,547,715 which represents a 16% year over year increase. Product sales of $1,541,811 were up 24.5% over the same period last year.Gross profit for ...
Draganfly to Host Shareholder Update Call on May 8, 2025
GlobeNewswire· 2025-05-06 19:14
Core Viewpoint - Draganfly Inc. will host a shareholder update call on May 8, 2025, to discuss Q1 2025 milestones and financial results [1][2] Company Overview - Draganfly Inc. is a pioneer in drone solutions, AI-driven software, and robotics, with over 25 years of innovation in the drone technology sector [3] - The company provides solutions for various sectors including public safety, agriculture, industrial inspections, security, mapping, and surveying [3] - Draganfly is committed to delivering efficient, reliable, and industry-leading technology that helps organizations save time, money, and lives [3]
Draganfly Announces Pricing of US$3.6 Million Underwritten Public Offering
GlobeNewswire· 2025-05-02 12:30
Saskatoon, SK., May 02, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), a drone solutions, and systems developer, today announced the pricing of its previously announced underwritten public offering (the “Offering”) of 1,715,000 units, with each unit consisting of one common share and one warrant to purchase one common share. Each unit is to be sold at a public offering price of US$2.10, for gross proceeds of approximately US$3.6 million, before ...
Draganfly Announces Proposed Public Offering of Common Shares & Warrants
GlobeNewswire· 2025-05-01 20:05
Saskatoon, SK., May 01, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), a drone solutions, and systems developer, today announced it has commenced an underwritten public offering in the United States (the “Offering”). The Offering consists of units of common shares (or pre-funded warrants in lieu thereof) and warrants to purchase common shares and is subject to market conditions. Maxim Group LLC is acting as sole book-running manager for the Off ...
Draganfly and Autonome Labs Announce Teaming Agreement to Deliver UAV-Based Demining Mesh Deployment Solution
GlobeNewswire· 2025-05-01 11:15
Tampa, FL, May 01, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) ("Draganfly" or the "Company") an industry-leading developer of drone solutions and systems is pleased to announce a strategic teaming agreement with Autonome Labs, a humanitarian tech innovator, to develop an integrated aerial deployment solution for M.A.G.I.C, (Mine and Ground Inert Clearance) Autonome’s groundbreaking mesh-based demining system. The collaboration will pair Draganfly’s Heavy Lift drone platfor ...