Core Insights - Draganfly Inc. successfully participated in the Global Drone Innovation and Defense Coalition Summit, showcasing its advanced drone solutions and systems [1][4] - The summit saw the expansion of the Drone Coalition from 17 to 20 member states and highlighted a collective investment of €4 billion towards enhancing drone capabilities [2] - Draganfly was recognized as a leading provider, demonstrating its modular and interchangeable FPV platform, and multiple tactical deployment drone systems [3] Company Highlights - Draganfly showcased its interoperable family of tactical drone platforms, including The Commander 3XL, The APEX, and the modular Flex FPV [3] - The company emphasized its commitment to innovation and mission adaptability, engaging with academic and research institutions for potential collaborations in military drone advancements [4] - Draganfly's ongoing support for Ukraine and its focus on field-driven innovation were highlighted during the summit [5] Industry Context - The summit attracted over 1,500 participants from 28 countries, indicating a strong interest in drone technology within the defense sector [2] - The collective investment of €4 billion reflects the growing importance and prioritization of drone capabilities among coalition member states [2]

②"蜂群战术"催生反无人机需求，分析师看好看好兼具安全与基建属性的反无人机市场将 快速增长，有望成为多模态智能融合驱动的低空安防新范式。 ①增速快、估值低的p c b领域小市值"遗珠"，公司在AIPC和AI服务器领域均有深入布 局，客户覆盖华为、比亚迪等，已有海外工厂布局； ...

②"蜂群战术"催生反无人机需求，分析师看好看好兼具安全与基建属性的反无人机市场将 快速增长，有望成为多模态智能融合驱动的低空安防新范式。 ①增速快、估值低的p c b领域小市值"遗珠"，公司在AIPC和AI服务器领域均有深入布 局，客户覆盖华为、比亚迪等，已有海外工厂布局； ...

Tampa, Florida, June 03, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce the first deliveries of its revolutionary Flex FPV (First Person View) systems under an order from a major U.S. military prime contractor supporting land systems operations for allied forces. The Draganfly Flex FPV system is built around a modular core architecture that allows operators to seamlessly switch be ...

ESAero will provide AS9100 manufacturing capacity and engineering services to support production of the Black Widow sUASSAN JUAN, Puerto Rico, May 27, 2025 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat"), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, today announced a partnership with ESAero to provide critical AS9100 manufacturing capacity for the Black Widow sUAS and its subsystems. The AS9100 standard ensure ...

/ NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / TORONTO, May 27, 2025 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV: FLT; OTCQX: TAKOF; Frankfurt: A2JEQU) (“Volatus”, or the “Company”), a leading provider of innovative aerial intelligence and logistics solutions, is proud to announce that Transport Canada has granted the Company additional nationwide Special Flight Operations Certificates (SFOC) that dramatically expand the scope and flexibility of Vo ...

Financial Data and Key Metrics Changes - Revenues increased over 500% to $4,200,000 in Q1 2025 from $600,000 in Q1 2024 [14] - Gross profit was $1,500,000 representing a 35% gross margin in Q1 2025 compared to a gross loss of $400,000 in Q1 2024 [15] - Operating expenses increased to $11,800,000 for Q1 2025 from $8,700,000 in Q1 2024 [16] - Cash held was $25,400,000 as of March 31, 2025, down from $30,000,000 as of December 31, 2024 [17] Business Line Data and Key Metrics Changes - OAS revenues were $4,000,000, an increase of over 600% from Q1 2024 [14] - Revenue from OnDaaS Networks was $200,000, relatively flat compared to $300,000 in Q1 2024 [14] - The backlog grew to $16,800,000, with over $9,000,000 in additional orders secured year to date [7] Market Data and Key Metrics Changes - OAS is expanding its presence with new defense and homeland security customers across Europe, the Middle East, and the U.S. [8] - The Iron Drone Raider system is operational in a live combat environment, demonstrating its effectiveness [8] - The company is seeing strong global demand for Iron Drone as nations seek multi-layered kinetic counter UAS solutions [39] Company Strategy and Development Direction - The company anticipates a record year of revenue growth in 2025, primarily driven by OAS [5] - The strategy includes capturing programs of record and expanding those programs to generate recurring business activity [41] - The company aims to secure additional military customers and expand its partner ecosystem to support global sales and marketing [44] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth trajectory for 2025 and beyond, citing strong demand and a growing backlog [46] - The company is focused on advancing U.S.-based manufacturing plans to align with defense procurement priorities [40] - Management highlighted the importance of capitalizing on emerging investment cycles in defense and security markets globally [49] Other Important Information - The company plans to host a second OAS-focused Investor Day in June to provide updates on business plans and financial outlook [52] - A significant debt reduction was achieved through the conversion of convertible notes to equity, reducing outstanding convertible debt to $20,600,000 [18][20] Q&A Session Summary Question: Follow-on orders and their size - Management indicated that initial orders are often pilot programs, with significant expansions expected thereafter [54][55] Question: Opportunities in Europe - Management confirmed ongoing discussions with other countries in Europe, highlighting increased defense spending due to geopolitical tensions [56] Question: Growth opportunities for Optimus - Management noted existing customers will expand programs, with significant opportunities in public safety and defense sectors [61][62] Question: Budget sources for U.S. public safety - Funding for public safety initiatives is coming from both state/local governments and federal sources, with increasing budgets for drone technology [63][64] Question: Impact of tariffs on supply chain - Management acknowledged potential impacts from tariffs but emphasized careful sourcing and plans to move production to the U.S. [72][76] Question: Pipeline breakdown between current customers and new logos - Management indicated significant expansion opportunities with new customers, alongside growth with existing customers [81][82]

Kfar Saba, Israel, May 15, 2025 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the "company” or “ParaZero”), an aerospace company focused on safety systems for commercial unmanned aircrafts and defense Counter UAS systems, is set to showcase its latest advancements at XPONENTIAL 2025. The premier global event for uncrewed systems and robotics will take place from May 19–22, 2025, at the George R. Brown Convention Center in Houston. Xponential 2025 is renowned for bringing together industry l ...

Core Insights - Silynxcom Ltd. reported a record revenue of $9.1 million for the year ended December 31, 2024, reflecting an 18% increase from the previous year, driven by ongoing expansion and product adoption [6] - The company has introduced innovative products, including an armored personnel carrier headset that enhances battlefield awareness by detecting drone noise while maintaining hearing protection [6] - Silynxcom has received $10 million in orders from the Israel Defense Forces since October 7, 2023, indicating strong demand for its products [6] Financial Highlights - Revenues for 2024 reached $9.1 million, up approximately 18% from the previous year [6] - Gross profit for the year was approximately $3.8 million, a 17% increase compared to $3.2 million in the previous year [6] - Cash and cash equivalents as of December 31, 2024, totaled $3.2 million [6] Corporate Developments - The company closed an underwritten public offering on April 2, 2025, generating gross proceeds of approximately $2.9 million [6] - Silynxcom expanded its sales operations in the Asia Pacific region, enhancing its market presence [6] - The company successfully completed field trials for its innovative in-ear communication solution aimed at boosting situational awareness and safety for military personnel [6]

Vancouver, BC., May 08, 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 first quarter financial results. Key Financial and Operational Highlights for Q1 2025: Revenue for the first quarter of 2025 was $1,547,715 which represents a 16% year over year increase. Product sales of $1,541,811 were up 24.5% over the same period last year.Gross profit for ...