Tampa, FL, March 10, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO), Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an award‑winning leader in drone solutions and systems development, is proud to announce the establishment of its new U.S. location in Tampa, Florida. Strategically positioned near key military and government clients, this expansion includes a demonstration and live fire testing facility, reinforcing Draganfly’s commitment to delivering ...

Core Insights - Volatus Aerospace Inc. and Draganfly Inc. have announced a strategic collaboration to meet the growing global demand for automation and digitization in geospatial data collection and analysis for utility infrastructure [1][2] - The partnership aims to enhance efficiency and safety in power utility solutions by leveraging Volatus' experience in inspections and Draganfly's engineering capabilities [2][3] - The global market for utility asset management, including inspection services, is projected to grow to USD 4.09 billion by 2026, driven by investments in grid modernization and the integration of renewable energy [3] Company Overview - Volatus Aerospace is a leader in global aerial solutions, providing comprehensive services using piloted and remotely piloted aircraft systems across various industries, including oil and gas, utilities, and healthcare [5] - Draganfly Inc. specializes in drone technology and systems, offering UAV solutions and AI systems aimed at improving operations in public safety, agriculture, and industrial inspections [6] Market Context - The collaboration is expected to deliver enhanced value to clients, contributing to the modernization of infrastructure management [4] - The increasing demand for drone-based solutions across multiple sectors highlights the importance of strategic collaborations to meet diverse client needs [3]

Company Overview - Draganfly Inc. is a leading developer of drone solutions, software, and AI systems, focusing on industries such as public safety, agriculture, defense, and critical infrastructure [6] - The company has over two decades of experience and is committed to innovation in unmanned aerial systems [6] Event Participation - Draganfly's CEO, Cameron Chell, will present at the Centurion One Capital 8th Annual Growth Conference from March 3 to March 6, 2025, at the Four Seasons Hotel in Toronto [1][3] - The presentation is scheduled for March 6, 2025, at 3:45 PM ET, and will include investor meetings and discussions on the evolving landscape of drone technology [2][3] Strategic Vision - The company aims to share its latest advancements and strategic vision at the conference, highlighting the increasing adoption of drone technology in emergency response, agriculture, and logistics [3] - Draganfly is focused on driving innovation and expanding its global impact through its drone solutions [3]

Core Insights - Draganfly Inc. confirms its strategic positioning to enhance border security through advanced drone technology amid global trade and security uncertainties [1][2] - The company emphasizes the importance of collaboration between public and private sectors to safeguard borders in a rapidly changing geopolitical landscape [3] Company Overview - Draganfly Inc. is recognized as a leader in drone solutions, software, and AI systems, with over 24 years of innovation in various markets including public safety, agriculture, and security [3] - The company's product portfolio includes high-resolution sensors and real-time data processing capabilities, designed for multi-mission applications [2] Market Context - Recent global trade challenges and security concerns highlight the critical need for secure borders and resilient supply chains [2] - Draganfly's recent sales activities with policing agencies demonstrate its readiness to provide drone technology and services for border security solutions [2]

Core Insights - Draganfly Inc. confirms its strategic positioning to enhance border security through advanced drone technology amid global trade and security uncertainties [1][2] - The company emphasizes the importance of collaboration between public and private sectors to safeguard borders in a rapidly changing geopolitical landscape [3] Company Overview - Draganfly Inc. is recognized as a leader in drone solutions, software, and AI systems, with over 24 years of innovation in various markets including public safety, agriculture, and security [3] - The company's product portfolio includes high-resolution sensors and real-time data processing capabilities, designed for multi-mission applications [2] Market Context - Recent global trade challenges and tariff uncertainties highlight the critical need for secure borders and resilient supply chains [2] - Draganfly's recent sales activities with policing agencies demonstrate its readiness to provide drone technology and services for border security solutions [2]

Core Insights - Draganfly Inc. has secured a Federal Aviation Administration (FAA) waiver allowing its small unmanned aircraft (sUA) to operate over human beings and moving vehicles, marking a significant milestone in advancing UAV capabilities in urban environments [1][2][3] Regulatory Achievement - The waiver is granted under 14 CFR §§ 107.39 and 107.145, enabling operations beyond standard FAA Part 107 regulations, specifically for a prescribed flight route over Boston [2][3] - This achievement reflects the trust built with regulatory authorities and showcases the safety and strength of Draganfly's UAV platforms [3][4] Operational Capabilities - The waiver allows Draganfly to deploy drones for critical applications such as public safety, infrastructure inspection, and specialized mission support [3][4] - Draganfly's drone systems are equipped with advanced airspace management capabilities and precision controls, ensuring compliance with stringent FAA safety standards [4] Industry Positioning - This milestone positions Draganfly as a leader in the drone industry, ready to integrate UAVs into urban environments as regulations evolve and demand for UAV solutions grows [5] - The company aims to deliver innovative, reliable, and scalable systems that redefine the role of drones across multiple sectors [5][6] Company Overview - Draganfly Inc. is recognized for over 24 years as a leader in drone technology, serving various markets including public safety, agriculture, industrial inspections, security, mapping, and surveying [6]

Core Insights - Draganfly Inc. and Volatus Aerospace have entered a strategic collaboration to enhance efficiency and innovation in energy markets through drone technology [1][5] - The partnership aims to integrate Volatus' Bathymetric sensor technology with Draganfly's Heavy Lift Drone for precision data acquisition in oil and gas exploration [2][3] Company Overview - Draganfly Inc. is recognized as a pioneer in drone technology, providing UAV solutions across various sectors including public safety and agriculture, with over 24 years of innovation [7] - Volatus Aerospace specializes in aerial solutions for intelligence and cargo, leveraging over 100 years of combined expertise in aviation [6] Market Potential - The global offshore oil and gas exploration market is projected to exceed $104 billion by 2030, indicating significant growth opportunities for drone-enabled solutions [3] - The collaboration is expected to enhance operational efficiencies and reduce costs for clients in the energy sector [3][5] Product Integration - Volatus Aerospace will serve as an OEM approved dealer for Draganfly's UAV platforms, including the Heavy Lift Drone, expanding its product offerings [4] - The integrated system will be utilized in pilot projects and demonstrations to showcase advanced capabilities in underwater mapping [2][5] Strategic Goals - The partnership aims to capture a share of the expanding multi-billion-dollar UAV and energy markets through innovative solutions [5] - Both companies are committed to addressing industry challenges and delivering exceptional value to clients [5]

Core Insights - Draganfly Inc. and Volatus Aerospace have entered a strategic collaboration to enhance efficiency and innovation in energy markets through drone technology [1][5] - The partnership aims to integrate Volatus' Bathymetric sensor technology with Draganfly's Heavy Lift Drone for precision data acquisition in oil and gas exploration [2][3] Company Overview - Draganfly Inc. is recognized as a pioneer in drone technology, providing UAV solutions across various sectors including public safety and agriculture, with over 24 years of innovation [7] - Volatus Aerospace specializes in aerial solutions and has extensive expertise in aviation, focusing on operational efficiency and sustainability [6] Market Potential - The global offshore oil and gas exploration market is projected to exceed $104 billion by 2030, indicating significant growth opportunities for drone-enabled solutions [3] - The collaboration is expected to open new revenue streams for both companies while addressing critical industry challenges [5] Product Integration - The integrated system will utilize Draganfly's Heavy Lift Drone and Volatus' Bathymetric LiDAR solutions for precise underwater mapping, essential for energy sector operations [2][4] - Volatus will serve as an OEM approved dealer for Draganfly's UAV platforms, expanding its product offerings [4]

Core Viewpoint - Draganfly (DPRO) has experienced a significant decline in stock value over the past year, but the company is positioned for future growth through advancements in its innovative product offerings, particularly the APEX Drone [1][2][7] Group 1: Stock Performance - DPRO has lost 64.7% in the past year, underperforming the Zacks Computer and Technology sector's appreciation of 30.4% and the Zacks Computers – IT Services industry's return of 9.6% [1] - DPRO shares have underperformed compared to industry peers such as ServiceNow (NOW) and TaskUs (TASK), which appreciated 40.5% and 20.4%, respectively [1] Group 2: Product Innovations - DPRO is enhancing its product portfolio with the APEX Drone, which features portability, dual payload capabilities, and edge computing powered by NVIDIA (NVDA) chips, positioning the company for growth in commercial and military markets [2] - The diverse drone lineup, including heavy-lift models and FPV drones, provides flexibility and appeal across various sectors, with significant traction in defense and industrial markets [3] - Key integrations like the Commander 3XL and HellHive swarming technology, along with drone-in-a-box solutions, are improving DPRO's market position [3] Group 3: Strategic Collaborations - Strategic partnerships, such as with VRR, are enhancing DPRO's capabilities in advanced payload delivery and real-time processing, driving demand in military and law enforcement applications [4] Group 4: Financial Outlook - The Zacks Consensus Estimate for DPRO's 2025 revenues is $9.43 million, indicating year-over-year growth of 93.24% [5] - The consensus estimate for DPRO's 2025 loss is $1.87 per share, reflecting an improvement of one cent over the past 30 days, indicating year-over-year growth of 47.47% [5] - DPRO has consistently beaten the Zacks Consensus Estimate in the trailing four quarters, with an average surprise of 31.93% [5] Group 5: Investment Recommendation - Despite recent stock declines, DPRO's innovative product portfolio, growing market share, and expanding partnerships suggest it is well-positioned for sustained growth, leading to a Zacks Rank 2 (Buy) recommendation for investors [7]

Core Insights - Medical drones are increasingly recognized for their rapid response capabilities in emergency situations, particularly in delivering critical medical supplies during public health crises like the COVID-19 pandemic [1] - The Medical Drone Delivery Services Market was valued at approximately USD 245.4 million in 2023 and is projected to grow at a CAGR of 22.3%, reaching USD 1.9 billion by 2032 [1] - Key advancements in drone technology, including battery improvements and navigation systems, are driving the growth of medical drone services [2] Market Overview - The medical drone delivery market is expanding due to enhanced accessibility, improved delivery speed, cost-effectiveness, and technological advancements [1] - The successful implementation of medical drones in regions like Africa and Southeast Asia during the pandemic highlights their potential in healthcare logistics [1] Technological Advancements - Innovations in battery technology, such as lithium-ion and solid-state batteries, have increased the flight time and range of medical drones [2] - High-precision GPS and GNSS technologies enable accurate navigation, while LIDAR and RADAR enhance obstacle detection and safety [2] - Advances in payload technology allow drones to transport a variety of medical supplies, including blood samples and organs for transplantation [2] Company Developments - Draganfly Inc. has completed initial proof-of-concept flights for a drone delivery project in collaboration with Mass General Brigham, aiming to improve healthcare logistics in the Boston metro area [3][4] - The project focuses on minimizing logistical delays in delivering critical medical supplies and laboratory samples [3] - Draganfly's CEO expressed optimism about transforming healthcare logistics through faster and more reliable delivery systems [5] Strategic Partnerships - Red Cat Holdings, Inc. has partnered with Palantir Technologies to integrate advanced navigation software into its drones, enhancing operational capabilities for modern warfare [9][10] - Ondas Holdings Inc. has been designated as a lead commercial partner within the Intelligent Infrastructure Economic Zone in Texas, supporting drone operations for inspections and public safety [11][12] - Unusual Machines, Inc. announced the addition of Donald Trump Jr. to its advisory board, aiming to bolster U.S. drone manufacturing [13][14]