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Draganfly Inc. (DPRO) Reports Q3 Loss, Misses Revenue Estimates
ZACKS· 2024-11-15 00:16
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 ...
Draganfly Announces Third Quarter Results for 2024
GlobeNewswire News Room· 2024-11-14 21:50
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 ...
Draganfly to Host Shareholder Update and Q3 Earnings Call
GlobeNewswire News Room· 2024-11-12 12:15
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 to Participate in ElevateUAV, Providing Specialized Training on Advanced Drone Platforms
GlobeNewswire News Room· 2024-11-07 12:15
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 ...
Draganfly to Showcase Latest Drone Innovations at Wings of Saskatchewan in Regina, October 30-31
GlobeNewswire News Room· 2024-10-17 11:15
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 ...
Draganfly Announces Board Update
GlobeNewswire News Room· 2024-10-08 11:30
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 ...
Draganfly Receives Military Purchase Order for its Commander 3XL to be used for logistics within various branches of the U.S. Department of Defense
GlobeNewswire News Room· 2024-09-24 11:30
Commander 3XL to be used as a primary transport vehicle for the TB2 Aerospace DROPS UAV Cargo POD for autonomous tactical resupply Saskatoon Sask, Sept. 24, 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 that it has received a purchase order from TB2 Aerospace (TB2) for Commander 3XL Drones to be deployed with TB2 Drone Recharging Operational Payloa ...
Draganfly and Nightingale Security Selected by Fortune 25 Oil and Gas Company to Develop Autonomous Drone-in-a-Box Remote Sensing Solution
GlobeNewswire News Room· 2024-09-17 11:30
Draganfly and Nightingale to Deliver Automated Drone Solution for Oil and Gas Monitoring Saskatoon, SK, Sept. 17, 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, along with Nightingale Security, a leader in robotic aerial security, have been selected by a major oil and gas company to develop a fully automated UAS solution for infrastructure monitoring. This project marks a ...
Draganfly Unveils New APEX Drone: The Next Evolution in Military and Law Enforcement Drone Systems
GlobeNewswire News Room· 2024-09-10 11:15
Core Viewpoint - Draganfly Inc. has launched the APEX Drone, specifically designed for military and law enforcement surveillance operations, addressing the growing global demand for compact and transportable drone solutions [1][2]. Product Features - The APEX UAV is a response to the demand for a smaller version of the Commander 3XL, featuring portability and modularity while maintaining high performance [2]. - It offers up to 45 minutes of flight time and a payload capacity of 5 pounds, with a quick-release, exchangeable payload system for adaptability [3]. - The drone includes optional upgrades for onboard computing and communications, featuring Nvidia technology for advanced AI performance and various communication link options for reliable operation in challenging environments [3]. Market Introduction - The APEX drone will be showcased at the Land Forces Conference in Melbourne, Australia, from September 11-13, 2024, targeting the Asia-Pacific defense industry [4]. - This event will provide a platform for Draganfly to connect with military leaders, law enforcement, and industry experts, highlighting the drone's capabilities [4]. Company Background - Draganfly Inc. is recognized as a leading developer of drone solutions, software, and AI systems, with over 25 years of industry experience [6][7]. - The company aims to deliver innovative solutions across various sectors, including public safety, agriculture, and industrial inspections, focusing on efficiency and effectiveness [7].
Draganfly Receives Purchase Order for its Commander 3XL and Draganfly Flex FPV Drones for deployment within the U.S. Department of Defense
GlobeNewswire News Room· 2024-09-05 11:15
Core Insights - Draganfly Inc. has received a purchase order from Virtual Reality Rehab Inc. (VRR) for the Commander 3XL and Flex FPV Drones to be deployed within the U.S. Department of Defense for various mission types [2][5] - The Commander 3XL is designed to carry and deploy swarms of Flex FPV Drones, utilizing VRR's Holowarrior platform for augmented reality threat assessment and mitigation [3][4] - The collaboration between Draganfly and VRR focuses on integrating advanced software and swarming technology to enhance operational capabilities for modern warfare [3][4] Company Overview - Draganfly Inc. is recognized as an industry leader in drone solutions, software, and AI systems, serving various markets including public safety, agriculture, and security [6] - The company has over 24 years of experience in developing cutting-edge technology aimed at improving efficiency and saving time, money, and lives [6] Technology and Capabilities - The modular design of the Commander 3XL allows for the remote deployment of FPV Drone Swarms, with a payload capacity of up to 6 lbs [4] - Draganfly's Flex FPV drone features multiple mounting points for various payloads, enhancing adaptability for mission requirements [4] - The integration of AI for self-parking mode enables the Commander 3XL to air-recover swarms of small drones while in-flight [4] Strategic Collaboration - The partnership with VRR aims to address evolving operational requirements of the modern warfighter, allowing interoperability between different vehicle types and systems such as ATAK and Nett Warrior [4] - VRR specializes in developing disruptive technologies to enhance warfighter capabilities, focusing on swarm warfare and mixed/augmented/virtual realities [7][8]