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Draganfly Secures Strategic International Military Order for Commander 3XL Drone Systems
Globenewswire· 2025-11-20 13:30
Core Insights - Draganfly Inc. has secured a significant international military order for its Commander 3XL drones, marking a milestone in its defense operations [1][2] - The order highlights the growing international demand for secure, NDAA-compliant unmanned systems that can support various operational needs [3] - The Commander 3XL platform is recognized as a trusted, multi-mission platform for government and defense operations worldwide [2][4] Company Overview - Draganfly Inc. is an award-winning drone solutions and systems developer with over 25 years of experience in the industry [6] - The company serves multiple markets, including public safety, public health, mining, agriculture, industrial inspections, security, mapping, and surveying [6] - Draganfly is committed to providing efficient solutions and first-class services to its customers globally, aiming to save time, money, and lives [6] Product Details - The Commander 3XL is a modular and highly adaptable unmanned system designed for demanding defense and government missions [5] - The selected configuration includes an AES 256 secure communication link, a rugged ground control station, and a flexible payload architecture [5] - The platform supports intelligence, real-time surveillance, and logistical applications, demonstrating its versatility [5] Strategic Importance - The contract in the Asia Pacific region serves as an endorsement for the Commander 3XL platform and Draganfly's expanding presence in global defense operations [4] - This order is expected to lay the groundwork for a broader, multi-phase acquisition program as the end user evaluates further deployments of Draganfly technologies [4]
X @Bloomberg
Bloomberg· 2025-11-20 12:55
A coming ban on Chinese-made drones will disrupt US businesses and consumers but makes sense in the long run, @tomwblack says (via @opinion) https://t.co/9qZwhz2agY ...
AIRO Group (AIRO) Announces Joint Venture with Nord-Drone to Deliver Drone Technologies
Yahoo Finance· 2025-11-19 16:06
AIRO Group Holdings, Inc. (NASDAQ:AIRO) is among the 8 Best Small-Cap Defense Stocks to Buy Right Now. On November 14, the company announced that its subsidiary, AIRO Drone, and Nord-Drone LLC’s affiliate firm, Nord Drone Group (NDG), had reached an agreement to establish a joint venture, AIRO Nord-Drone LLC. AIRO Group Holdings, Inc. (AIRO) Announces Joint Venture with Nord-Drone to Deliver Drone Technologies for US, NATO, and Ukraine The new business will help increase the production and supply of dron ...
Ondas vs. Draganfly: Which Drone Stock Is the Smarter Buy for Now?
ZACKS· 2025-11-19 14:26
Industry Overview - The drone industry is rapidly transforming with significant adoption of autonomous systems across government, military, and commercial sectors, driven by advancements in autonomous technology and AI-powered navigation [1] - The global drone tech market is projected to grow at a CAGR of 14.3% from 2025 to 2030, while the commercial drone market is expected to grow at a CAGR of 20.8% from 2025 to 2032, presenting long-term investment opportunities [2] Ondas Holdings (ONDS) - Ondas Holdings focuses on private wireless data solutions and autonomous drones through its Ondas Autonomous Systems (OAS) division, which includes companies like Airobotics and American Robotics [4] - In the last reported quarter, OAS revenues reached $10 million, with a backlog of $22.2 million, indicating strong demand for its Optimus and Iron Drone systems [5] - The company has secured GreenUAS Cleared List certification for the Optimus drone, positioning it for inclusion in the Department of War Blue List as an NDAA-compliant platform [6] - Ondas is concentrating on the counter-UAS market with its Iron Drone System, which utilizes an intercepting drone to counteract drone attacks [7] - The company is pursuing mergers and acquisitions to enhance its portfolio, including plans to acquire Sentry CS Ltd. and other companies [8] - There are concerns regarding heavy dependence on the OAS division for revenue growth, as delays or cancellations from large customers could significantly impact revenues [9] Draganfly (DPRO) - Draganfly is a Canada-based developer of drone solutions, with a product lineup that includes various drones aimed at military and public safety applications [11] - The company has over five NDAA-compliant drone systems, providing a competitive advantage as the U.S. and NATO phase out non-compliant systems [12] - Draganfly's recent border-security demonstration with its Outrider drone generated strong interest from law enforcement and federal agencies [13] - The company received its first major U.S. Army FPV drone order, which includes supply chain support and training for onsite assembly [14] - In Q3 2025, Draganfly reported revenues of $2.16 million, a 14.4% increase year-over-year, indicating improved customer engagement and product sales [14] - Draganfly has a strong balance sheet with $69.9 million in cash and minimal debt, allowing for strategic investments in capacity and R&D [15] Price Performance and Valuation - Over the past six months, ONDS has gained 731.8%, while DPRO has increased by 261.8% [16] - ONDS is trading at a forward 12-month price/sales ratio of 39.28X, significantly higher than DPRO's 3.06X [19] - Analysts have revised earnings estimates for ONDS upward by 9.4% in the past 60 days, while DPRO has seen marginal upward revisions [17][21] - In terms of Zacks Rank, DPRO is currently rated as a better investment pick with a Zacks Rank 2 (Buy), compared to ONDS's Zacks Rank 3 (Hold) [22]
Tonner Drones receives €2,5M from regular bond issuance
Globenewswire· 2025-11-18 17:01
Core Insights - Tonner Drones successfully issued a €2.5 million bond, marking a significant step in its growth strategy following a recent restructuring and refinancing process [2][3] - The bond has a maturity date of December 31, 2027, with a 4% interest rate and includes warrants for bondholders, indicating a strategic move to enhance shareholder value [3][4] Company Overview - Tonner Drones specializes in developing technologies for the logistics sector and holds stakes in promising French drone manufacturers such as Elistair and Donecle [4] - The company's strategy focuses on increasing the value of its shareholdings through active asset management and generating additional revenue from royalties on patents [4] Financial Details - The bond issued will be reimbursed in cash and will bear a 4% interest rate, with bondholders receiving warrants equivalent to the bond amount [3][8] - The exercise price for the warrants is set at €0.03, representing an 11% premium to the 10-day volume-weighted average price (VWAP) [3][10] Management Commentary - The CEO of Tonner Drones expressed excitement about the company's development, highlighting the recognition of its values and expertise in the market [3] - The CEO also mentioned that the company now has a substantial cash reserve to be deployed strategically for optimal shareholder value [3]
EagleNXT Commences Deliveries with Vyom Drones to Serve India’s Growing Unmanned Vehicle Demands
Globenewswire· 2025-11-18 13:00
Core Insights - The strategic partnership between AgEagle Aerial Systems Inc. (EagleNXT) and Vyom Drones marks a significant milestone in advancing India's domestic drone manufacturing capabilities, with the delivery of the first two manufacturing kits for eBee X drones [1][2] - This collaboration aims to support India's "Atmanirbhar Bharat" initiative, promoting self-reliance through local production and distribution of drones [2][4] - The Indian drone market is projected to reach nearly $30 billion USD (2.5 trillion Indian rupees) by 2030, driven primarily by the defense sector, infrastructure, and agriculture [4] Company Overview - EagleNXT is recognized as a leading provider of advanced drone and aerial imaging solutions, with a strong focus on delivering high-performance drones and intelligent software solutions [6] - The eBee X drone is designed for efficiency and performance across various sectors, including infrastructure, security, and agriculture, equipped with advanced multispectral and oblique cameras [5] - EagleNXT has achieved multiple industry firsts, including FAA approvals for Operations Over People (OOP) and Beyond Visual Line of Sight (BVLOS), reinforcing its leadership in the drone industry [6] Industry Context - Vyom Drones is positioned as a key player in India's rapidly growing drone ecosystem, focusing on advanced drone solutions across diverse sectors such as surveying, security, and logistics [3] - The partnership with EagleNXT enables Vyom Drones to manufacture eBee X drones that comply with India's regulatory and operational standards, enhancing local manufacturing capabilities [3][4] - The Indian government prioritizes the drone sector as a cornerstone for technological and economic advancement, further supporting the growth of indigenous drone manufacturing [4]
Citrine Global Corp. (DBA SkyTech Orion Global Corp.) (CTGL) announces CEO Ora Elharar Soffer as a UVID 2025 keynote speaker and will showcase the SkyTech Replicator™ modular drone platform and SkyTech Center, Israel's UAV hub
Globenewswire· 2025-11-17 13:50
Washington, D.C./Tel Aviv, Nov. 17, 2025 (GLOBE NEWSWIRE) -- Citrine Global Corp., DBA SkyTech Orion Global Corp. (CTGL), together with its Israeli subsidiary SkyTech Orion Ltd., is pleased to announce that Ora Elharar Soffer, the Company’s CEO & Chairwoman, will deliver a keynote address at UVID 2025, Israel’s premier conference for unmanned systems and drone technologies. Ora Elharar Soffer will deliver a strategic keynote titled: From Innovation to Large-Scale Manufacturing of Drones in Multiple Location ...
Citrine Global Corp. (DBA SkyTech Orion Global Corp.) (CTGL) announces CEO Ora Elharar Soffer as a UVID 2025 keynote speaker and will showcase the SkyTech Replicator™ modular drone platform and SkyTech Center, Israel’s UAV hub
Globenewswire· 2025-11-17 13:50
Core Insights - Citrine Global Corp., operating as SkyTech Orion Global Corp., is set to present at UVID 2025, focusing on unmanned systems and drone technologies [1][2] - The keynote by CEO Ora Elharar Soffer will discuss the multinational production and innovation ecosystem aimed at meeting the growing global demand for secure unmanned systems, with projections of millions of drone units annually in the next decade [2][8] - SkyTech Orion will showcase its SkyTech Replicator modular drone platform, which allows rapid transformation into various drone types and mission configurations [4][5] Company Overview - SkyTech Orion is a dual-nation structure company with a U.S. parent and an Israeli subsidiary, awarded the national flagship project to establish the SkyTech Center, Israel's UAV and drone innovation hub [8][9] - The company aims to build large-scale "Blue-and-White" drone production capacity, enhancing U.S.-Israel industrial collaboration and positioning Israel as a leader in UAV development [8][9] Product Highlights - The SkyTech Replicator platform features a Plug & Fly modular architecture, enabling quick reconfiguration of missions without tools [4][5] - The SkyTech Center, located in Yeruham, is designed to support large-scale manufacturing and innovation for UAV systems, backed by the Israeli government [6][8] Industry Engagement - SkyTech Orion invites industry partners from defense, industrial, government, and commercial sectors to collaborate on production integration and joint development programs [6][8]
EagleNXT Reports Third Quarter Fiscal Year 2025 Financial Results and Highlights Key Operational Developments
Globenewswire· 2025-11-17 13:48
Core Insights - EagleNXT reported a financial performance highlighted by a $1.4 million increase in drone revenue, reaching $6.03 million for the nine months ended September 30, 2025, compared to $4.64 million for the same period in 2024, driven by demand in defense, public safety, and environmental applications [8][4] - The company emphasized its operational discipline and strategic focus on enhancing production readiness and advancing customer programs, particularly in the U.S. defense market [4][10] Financial Highlights - Drone revenue increased by $1.38 million to $6.03 million for the nine months ended September 30, 2025 [8] - Operating expenses rose by 12.0% year-over-year to $3.91 million, attributed to increased investments in R&D and sales initiatives [8] - Cash reserves at September 30, 2025, were $16.63 million, a 360% increase from $3.61 million at December 31, 2024, primarily due to net proceeds from preferred stock issuances and warrant exercises [8] Operational and Commercial Highlights - EagleNXT submitted multiple quotes for its eBee TAC and eBee Vision platforms to the U.S. Defense Logistics Agency, valid through January 2027, leveraging a procurement mechanism to accelerate contracting cycles [5][6] - The company achieved several high-profile sales in defense and public safety, enhancing its reputation as a trusted provider [9] - Expanded distributor partnerships and collaborations with U.S. defense stakeholders to improve mission-specific integration and customer adoption pathways [9] Strategic Focus - The recent financing enhances EagleNXT's financial flexibility, allowing for better execution of strategic priorities and expansion in key markets [10] - The company is focused on scaling production capacity in anticipation of increased defense demand and advancing the commercialization of new sensor technologies [14]
高交会直击:龙华展区人气爆棚 机器人“天团”现场圈粉
Nan Fang Du Shi Bao· 2025-11-15 10:22
不远处,启迪知行GeneoX智能巡机器狗模拟园区巡检,动态避障、稳步爬坡,展现多场景落地能力, 该系统支持多品牌机器狗接入与边缘AI增量学习,推动具身智能从单点突破走向集群协同,吸引不少 观众。 高交会于11月14日-16日在深圳国际会展中心(宝安)举行。开展首日,深圳国际会展中心(宝安)15 号馆B6展位龙华展区内人头攒动、互动热烈。"数字龙华"的科技魅力,正通过一系列硬核产品与沉浸 体验,吸引一批又一批专业观众驻足交流。 走进第二十七届高交会龙华展区,科技创新的脉动扑面而来。从能走能跳的通用人形机器人,到集群悬 挂的智能无人机,从构建龙华区数据孪生底座,到实时捕捉动作的居家康复系统,龙华以"数字"为墨, 以"智造"为笔,在深圳这座创新之城,勾勒出一幅幅未来生活的生动图景。 低空飞行:无人机组团亮相 低空经济区同样人气高涨。由安邦科技打造的"科技树"智慧杆下,大漠大、美团、容祺环绕盘旋。 大漠大全流程把控深圳经济特区建立45周年无人机灯光秀的执飞工作,以持续30分钟的"超长续航"制霸 夜空。美团公司近年来也在积极参与布局低空经济,这款美团第四代无人机能做到10分钟内安全配送 2.4公斤重的物品,复杂场景也能 ...