Draganfly (DPRO)

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Massachusetts Department of Transportation Selects Draganfly for Drone Medical Delivery Demonstration and Reports Its Successful Completion
GlobeNewswire· 2025-03-18 11:15
Boston, MA., March 18, 2025 (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 excited to announce it was selected by Massachusetts Department of Transportation (MassDOT) Aeronautics Division for and, successfully completed a demonstration for the simulated delivery of medical supplies for use in support of home-based healthcare. The medical delivery demonstrations took place b ...
Draganfly Announces New Strategic U.S. Facility Location in Tampa to Bolster National Security and Defense Partnerships
GlobeNewswire· 2025-03-10 11:15
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 ...
Volatus Aerospace and Draganfly Expand Collaboration to Service High-Value Geospatial Power Utility Customers
GlobeNewswire· 2025-03-03 12:15
Toronto, ON and Saskatoon, SK, March 03, 2025 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV: FLT) (OTCQX:TAKOF) (Frankfurt: ABB) ("Volatus”) and Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly”) announced today a strategic collaboration to address rapidly growing global demand for the automation and digitization of geospatial data collection and analysis solutions for Utility Infrastructure. This teaming agreement builds on the previously announced collaboration agreement, harnessing Vo ...
Draganfly to Present at Centurion One Capital 8th Annual Growth Conference
GlobeNewswire· 2025-02-25 12:15
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]
Recent Draganfly Sales and Activities with Policing Agencies Signals Growing Focus on Northern (Canada) Border Security
GlobeNewswire· 2025-02-05 12:15
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]
Recent Draganfly Sales and Activities with Policing Agencies Signals Growing Focus on Northern (Canada) Border Security
Newsfilter· 2025-02-05 12:15
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]
Draganfly Secures FAA Waiver for Drone Operations Over People and Moving Vehicles
GlobeNewswire· 2025-01-23 12:15
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]
Volatus Aerospace Selects Draganfly for Transformative Oil & Gas Exploration Pilot Project Using Volatus' Advanced Bathymetric LiDAR Technology
GlobeNewswire News Room· 2025-01-16 13:30
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]
Volatus Aerospace Selects Draganfly for Transformative Oil & Gas Exploration Pilot Project Using Volatus' Advanced Bathymetric LiDAR Technology
Newsfilter· 2025-01-16 13:30
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]
DPRO Stock Falls 65% in a Year: Here's Why it is Time to Buy the Dip
ZACKS· 2025-01-13 16:06
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]