Core Insights - Draganfly Inc. has successfully completed initial flights for a drone delivery project in collaboration with Mass General Brigham, aiming to improve home hospital care logistics [1][2][5] - The project focuses on the greater Boston area, utilizing Draganfly's proprietary drone technology to address healthcare logistics challenges, particularly delays caused by traffic congestion [3][4] - The initiative is part of a broader vision to enhance the delivery of healthcare services directly to patients' homes in a timely and cost-effective manner [4][5] Project Details - The initial phase involved mapping potential routes and conducting test flights within hospital infrastructure, which did not contribute to actual care delivery [2] - The project aims to demonstrate the potential of drone deliveries to ensure timely access to critical medical supplies and laboratory samples, thereby minimizing logistical delays [2][5] Industry Engagement - Draganfly participated in the World Medical Innovation Forum, showcasing technologies related to the medical delivery project, which attracted healthcare professionals and leaders in medical research [6] - The forum provided a platform for discussing advancements in medical technology and healthcare innovations, aligning with Draganfly's goals in the healthcare sector [6] Company Background - Draganfly Inc. is recognized for its cutting-edge drone solutions and has over 24 years of experience in various markets, including public safety and agriculture [7] - The company's commitment to innovation aims to save time, money, and lives globally, positioning it as a leader in the drone technology space [7]

Core Points - Draganfly Inc. has successfully closed an offering of 1,600,000 units, generating gross proceeds of US$3.76 million, with each unit priced at US$2.35 [1] - The offering includes warrants with an exercise price of CA$3.3086 (US$2.35) per share, which are immediately exercisable and will expire in five years [1] - The company plans to utilize the net proceeds for general corporate purposes, including product development, marketing, potential acquisitions, and working capital [4] Offering Details - Maxim Group LLC served as the sole placement agent for the offering [2] - The offering was conducted under an effective shelf registration statement and a Canadian short form base shelf prospectus [5] - A prospectus supplement detailing the terms of the offering was filed with relevant securities commissions [6] Existing Warrants - The company previously issued warrants for 256,000, 540,541, and 666,667 common shares at higher exercise prices, which have now been amended to CA$3.3086 (US$2.35) [3]

Saskatoon, SK., Nov. 18, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), a drone solutions, and systems developer, today announced that it has entered into a securities purchase agreement with a single institutional investor to purchase 1,600,000 units of the Company, with each unit consisting of one common share (or one pre-funded warrant to purchase one common share in lieu thereof) and one warrant to purchase one common share. Each unit was s ...

Draganfly Inc. (NASDAQ:DPRO) Q3 2024 Earnings Conference Call November 14, 2024 5:30 PM ET Company Participants Rolly Bustos – Investor Relations Cameron Chell – President and Chief Executive Officer Paul Sun – Chief Financial Officer Scott Larson – Chairman Conference Call Participants Rolly Bustos Hello and welcome to the Q3 2024 Draganfly Call. We just opened up the call and the attendees are just filing in. So we'll just give it a minute but then we'll get started. Okay. To be respectful of everybody's ...

Draganfly Inc. (DPRO) came out with a quarterly loss of $0.82 per share versus the Zacks Consensus Estimate of a loss of $1.01. This compares to loss of $2.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.81%. A quarter ago, it was expected that this company would post a loss of $1.25 per share when it actually produced a loss of $1, delivering a surprise of 20%.Over the last four quarters, the company has surpassed conse ...

Vancouver, BC., Nov. 14, 2024 (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 third quarter financial results. Key Financial and Operational Highlights for Q3 2024: Revenue for the third quarter of 2024 was $1,885,322 which represents an 8.9% quarter over quarter increase. Product sales of $1,328,675 made up the bulk of the revenue with the remainder c ...

Saskatoon, SK, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, announced today that it will host a shareholder update call on, November 14th,2024 at 5:30pm EST Draganfly CEO Cameron Chell will facilitate the shareholder update call and review the Company’s milestones. CFO Paul Sun will review the Company’s financial results for Q3 2024, which are planned to be fil ...

Draganfly's hands-on training at ElevateUAV underscores its commitment to empowering operators with cutting-edge skills to advance UAV applications in critical sectors. Miami, FL, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) ("Draganfly" or the "Company"), an award-winning leader in drone solutions and systems, announces its participation in the upcoming ElevateUAV event, scheduled for November 12-14, 2024, at the FIU Kovens Conference Center in Miami, Florida. Hos ...

Advancements in drone technology to be presented at the leading aviation industry event, fostering crossindustry collaboration. Saskatoon, Sask., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) ("Draganfly" or the "Company"), an award-winning, industry-leading developer of drone solutions and systems, proudly announces its participation in the upcoming Wings of Saskatchewan event in Regina, from October 30 to October 31, 2024. Draganfly will showcase its latest drone ...

Advisory Board Welcomes Former White House Chief of Staff Andy Card and Kim Moody as Audit Chair Saskatoon, SK, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) ("Draganfly" or the "Company"), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce updates to its Board of Directors and Advisory Board. Olen Aasen is stepping down from the Draganfly Board, and Kim Moody has been appointed as the new Audit Chair. Additionally, Drag ...