Draganfly (DPRO)
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Draganfly Establishes Public Safety Advisory Board, Appoints Homeland Security and Law Enforcement Expert Paul Goldenberg as Chair
Globenewswire· 2025-04-16 11:15
Core Viewpoint - Draganfly Inc. has established a Public Safety Advisory Board to enhance its commitment to innovative technologies for public safety and law enforcement, with Paul Goldenberg as the inaugural Chair [1][5]. Company Overview - Draganfly Inc. is a pioneer in drone solutions, AI-driven software, and robotics, with over 25 years of experience in providing technology for various sectors including public safety, agriculture, and industrial inspections [6]. Leadership Appointment - Paul Goldenberg, a recognized expert in public safety and homeland security with over 30 years of experience, has been appointed as the Chair of the Public Safety Advisory Board [2][4]. - Goldenberg's previous roles include advising U.S. Presidents and leading significant initiatives in the Department of Homeland Security [2][3]. Strategic Importance - The formation of the Public Safety Advisory Board is a strategic move to strengthen Draganfly's capabilities in providing innovative solutions that support law enforcement agencies [5]. - The appointment of Goldenberg is expected to advance Draganfly's mission to deliver AI-powered drone technologies that enhance situational awareness and operational efficiency for law enforcement [4].
Surge In Global Defense Budgets Having Significant Impact On The Global Military (UAS) Drone Market
Newsfilter· 2025-04-10 14:45
Industry Overview - The global unmanned aerial system (UAS) military drones market is experiencing steady growth, driven by rising global defense budgets and geopolitical tensions [1] - Nations are investing in advanced UAS to enhance defense and security capabilities, particularly in regions like Asia-Pacific, the Middle East, and Eastern Europe [1] - Military drones are becoming integral to modern defense strategies, supporting surveillance, intelligence, and tactical operations [1] North America Market Leadership - North America, led by the United States, dominates the military drone market due to significant investments in advanced military technologies and a strong defense budget [2] - The U.S. military is the largest operator of drones, focusing on developing state-of-the-art systems for various missions, including surveillance and combat [2] - Key industry players in the U.S. include General Atomics and Northrop Grumman, which contribute to the technological edge of U.S. military drones [2] Draganfly Inc. Developments - Draganfly Inc. has entered a multi-year agreement with SafeLane Global to provide landmine mapping drones and aerial survey services [2][4] - The partnership aims to enhance the speed, accuracy, and safety of explosive threat detection and removal operations in high-risk environments [4][7] - Draganfly's technology will support humanitarian and defense efforts, particularly in mine-affected regions like Ukraine [5][6] Unusual Machines, Inc. Performance - Unusual Machines reported over $2.0 million in revenue for Q4 2024, marking a 31% quarter-over-quarter increase and the best revenue quarter to date [9] - The total revenue for FY2024 reached $5.65 million, exceeding the target of $5 million by 13% [9] - The company achieved this growth without customer concentration, with no single customer representing more than 5% of total revenue [9] Kratos Defense & Security Solutions Initiatives - Kratos announced the groundbreaking of its Hypersonic System Indiana Payload Integration Facility, a 68,000-square-foot complex to support hypersonic vehicle activities [10] - This facility aims to enhance the U.S. hypersonic infrastructure and accelerate testing capabilities for advanced hypersonic technologies [11] General Dynamics Information Technology Collaboration - General Dynamics Information Technology has expanded its partnership with Amazon Web Services to drive digital modernization and advance government missions [13][14] - The collaboration will focus on developing cybersecurity, artificial intelligence, and cloud migration solutions for defense and intelligence agencies [14]
Draganfly and SafeLane Global Enter into Multi-Year Agreement with Draganfly as the Preferred Global Provider of Landmine Mapping Drones and Aerial Survey Services
Globenewswire· 2025-04-10 11:15
Core Insights - Draganfly Inc. has been selected by SafeLane Global Ltd. as its preferred unmanned aerial systems (UAS) and aerial survey provider for landmine clearance operations in Ukraine [1][3][4] - SafeLane is one of only two private organizations licensed by the Ukrainian Ministry of Defense to conduct landmine and explosive ordnance clearance operations, with over 30 years of experience in more than 60 countries [2][5] - The partnership aims to enhance the speed, accuracy, and safety of explosive threat detection and removal operations in high-risk environments [3][6] 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 [7] - The company provides solutions for various sectors including public safety, agriculture, industrial inspections, security, mapping, and surveying [7] Partnership Details - Under the agreement, Draganfly will provide advanced drone solutions, including UAVs, specialized sensors, and data analysis services [3][4] - The collaboration will involve co-developing joint intellectual property and standard operating procedures tailored for aerial mine detection and clearance [4][6] - SafeLane will lead proposal submissions and operational deployment, while Draganfly will focus on technology, mission planning, piloting, and survey analysis [4][6] Industry Context - According to the Landmine Monitor 2023, over 60 million landmines remain buried across more than 60 countries, with Ukraine being one of the most mine-contaminated countries [5] - The partnership is positioned as a critical step in helping communities recover from the legacy of conflict, enhancing safety and efficiency in operations [6]
Balko Technologies Enters into Agreement with Draganfly for Integration of Advanced Modular LiDAR Drone Solutions; Multiple Orders Placed
Globenewswire· 2025-04-09 11:15
Tampa, FL, April 09, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (“Draganfly” or the “Company”), an industry-leading developer of drone solutions and systems, is pleased to have been selected as the primary UAS provider by Balko Technologies, an industry-leading company specializing in the design and manufacture of high-performance LiDAR payloads and post-processing software. This announcement follows the integration and testing of Balko LiDAR products on the Draganfly Commander 3XL and Apex UAS, ...
Draganfly (DPRO) - 2024 Q4 - Earnings Call Transcript
2025-03-28 19:28
Rolly Bustos Hello everybody and welcome to the Draganfly earnings call. We apologize for the late start. We had a little bit of technical difficulty on our end, but looks like we have it settled now. And because we are a few minutes late, I think we will get started immediately. So again, welcome and greetings to all shareholders, stakeholders to today's Draganfly 2024 Q4 and Full Year Earnings Call. Again, my name is Rolly Bustos. I am the Internal Investor Relations representative here at Draganfly. We a ...
Draganfly Reports Q4 and 2024 Results
Globenewswire· 2025-03-27 20:53
Saskatoon, SK., March 27, 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 fourth quarter and fiscal 2024 financial results. Revenue for the fourth quarter was up 76% year over year. Total 2024 revenue saw a modest increase as the Company’s capacity to meet demand in the Military and Public Safety sectors did not start to come on stream until late ...
Draganfly (DPRO) - 2024 Q4 - Annual Report
2025-03-27 20:36
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ...
Draganfly to Host Shareholder Update Call on March 27, 2025
Globenewswire· 2025-03-25 20:18
Core Viewpoint - Draganfly Inc. will host a shareholder update call on March 27, 2025, to discuss its 2024 milestones, strategic initiatives, and outlook for 2025 [1][2] Group 1: Company Overview - Draganfly Inc. is a pioneer in drone solutions, AI-driven software, and robotics, with over 24 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] Group 2: Upcoming Events - The shareholder update call will be led by CEO Cameron Chell, who will provide an overview of the company's achievements and future plans [2] - CFO Paul Sun will present the Q4 2024 financial results and a full-year review, which will be released after market close on March 27, 2025 [2] - Investors are encouraged to submit questions in advance for discussion during the call [2]
Chris Miller, Former Acting U.S. Secretary of Defense Appointed by President Trump, Joins the Draganfly Board of Directors
Globenewswire· 2025-03-20 11:15
Tampa, Florida, March 20, 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 proud to announce that Christopher C. Miller, former Acting U.S. Secretary of Defense under President Donald Trump, has joined the Company’s Board of Directors. Miller, a seasoned national security expert with decades of experience in defense and intelligence, will help guide Draganfly’s strategic ...
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 ...