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Draganfly Announces Pricing of US$50.0 Million Registered Direct Offering
Globenewswire· 2026-02-26 01:50
Core Viewpoint - Draganfly Inc. has announced a registered direct offering of 7,150,000 common shares at a price of US$7.00, aiming for gross proceeds of approximately US$50.0 million before expenses [1]. Group 1: Offering Details - The offering is being led by Maxim Group LLC, with Raymond James Ltd. and Ladenburg Thalmann & Co. Inc. as co-placement agents [2]. - The expected closing date for the offering is around February 27, 2026, pending customary closing conditions [3]. - The offering is subject to regulatory approvals from the Canadian Securities Exchange and notification to the Nasdaq Stock Market [4]. Group 2: Use of Proceeds - Draganfly intends to utilize the net proceeds for general corporate purposes, including funding new product capabilities, growth initiatives, working capital, and ongoing development and marketing of core products [3]. Group 3: Regulatory Compliance - The offering is made under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission and the Company's Canadian short form base shelf prospectus [5]. - A prospectus supplement will be filed with relevant securities commissions in Canada and the SEC in the U.S. [6]. Group 4: Company Overview - Draganfly Inc. is a pioneer in drone solutions, AI-driven software, and robotics, with over 25 years of innovation in various sectors including public safety, agriculture, and industrial inspections [8].
Draganfly Welcomes Lieutenant-General (Ret’d) Michel Gauthier to Military Advisory Board in Support of Canada’s Defence Industrial Strategy
Globenewswire· 2026-02-20 13:30
Core Insights - Draganfly Inc. has appointed Lieutenant-General (Ret'd) Michel Gauthier to its Military Advisory Board, enhancing its strategic position within Canada's Defence Industrial Strategy [1][5]. Group 1: Appointment and Strategic Importance - The appointment of Lt-Gen (Ret'd) Gauthier aligns with Canada's renewed Defence Industrial Strategy, which aims to strengthen domestic defence production and reduce reliance on foreign supply chains [2]. - Gauthier has over 36 years of service in the Canadian Armed Forces, including leadership roles in international operations, which will provide valuable insights into military needs and strategic planning [3][4]. - His expertise in defence policy and public-private collaboration is crucial for Draganfly as it seeks to contribute to Canada's evolving defence priorities [4][5]. Group 2: Company Positioning and Market Engagement - Draganfly is positioned to play a significant role in Canada's Defence Industrial Strategy, focusing on domestic production capacity, R&D investment, and advanced technologies such as AI and robotics [5]. - The company is expanding its engagement in defence and government markets through innovative product development and advisory leadership tailored to modern military requirements [6]. - Draganfly has a history of delivering award-winning drone solutions and software, serving various sectors including public safety and industrial inspection, which supports its strategic objectives in the defence sector [7].
Draganfly Announces Cameron Chell as Executive Chairman of the Board
Globenewswire· 2026-01-20 13:30
Company Leadership Change - Cameron Chell has been appointed as Executive Chairman of the Board, replacing Scott Larson, who will remain a Board member [1][2] - Chell has served as the CEO of Draganfly since August 2019 [1] Company Overview - Draganfly Inc. is a leading developer of drone solutions, software, and AI systems, recognized for over 25 years in the industry [3] - The company serves various markets including public safety, public health, mining, agriculture, industrial inspections, security, mapping, and surveying [3] - Draganfly aims to provide efficient solutions and first-class services to customers globally, focusing on saving time, money, and lives [3]
Draganfly Uniquely Positioned to Support Canada's New $2 Billion Military Commitment to Ukraine with Advanced Drone and Tactical Capabilities
Globenewswire· 2025-08-26 11:15
Core Insights - Draganfly Inc. is strategically positioned to support Canada's $2 billion military aid package to Ukraine, with over $220 million allocated for drone and electronic warfare capabilities [1][2] - The company's extensive experience in drone technology and its active involvement in Ukraine since 2022 enhance its ability to contribute to defense initiatives [2][3] - Draganfly's capabilities include advanced UAV solutions, counter-drone systems, and support for ISR, demining, and logistics [3][4] Strategic Alignment - Canada's military aid underscores its commitment to defending democracy and resisting authoritarianism, with a significant portion of funding directed towards advanced drone technologies [2] - The partnership between Canadian and Ukrainian defense companies is emphasized, with Draganfly's engineering expertise being a key asset [2][3] Military-Grade Capabilities - Draganfly has a proven track record in defense and humanitarian response, showcasing its advanced drone systems and counter-drone technologies [3] - The company is expanding its capabilities through domestic and international defense contracts, R&D investments, and partnerships with NATO-aligned nations [3] Company Overview - Draganfly Inc. is a pioneer in drone solutions, AI-driven software, and robotics, with over 25 years of innovation in the industry [4] - The company focuses on delivering reliable technology for various applications, including public safety, agriculture, and industrial inspections [4]
Draganfly Announces Closing of US$25.0 Million Registered Direct Offering
Globenewswire· 2025-07-21 20:19
Core Points - Draganfly Inc. has successfully closed a registered direct offering of 4,672,895 units at a price of US$5.35 per unit, resulting in gross proceeds of approximately US$25.0 million [1][2][3] - Each unit consists of one common share and one common share purchase warrant, with the warrants exercisable at CA$7.3579 per share for five years [2] - The net proceeds from the offering will be used for general corporate purposes, including funding new product capabilities, working capital, and research and development [3] Offering Details - The offering was conducted under an effective shelf registration statement filed with the U.S. SEC and a Canadian short form base shelf prospectus [4] - The securities were offered and sold exclusively in the United States, with no sales to Canadian purchasers [4] - A prospectus supplement detailing the offering terms was filed with relevant securities commissions in Canada and the SEC [5] Company Overview - Draganfly Inc. is a pioneer in drone solutions, AI-driven software, and robotics, with over 25 years of innovation in the industry [7] - The company provides solutions for various sectors, including public safety, agriculture, industrial inspections, security, mapping, and surveying [7]
Draganfly Announces Pricing of US$25.0 Million Registered Direct Offering
Globenewswire· 2025-07-18 12:45
Core Viewpoint - Draganfly Inc. has entered into a securities purchase agreement to raise approximately US$25 million through the sale of 4,672,895 units at a price of US$5.35 per unit [1][3]. Group 1: Offering Details - Each unit consists of one common share and one common share purchase warrant, with the warrants exercisable at CA$7.3579 per share for five years [2]. - The offering is expected to close around July 21, 2025, pending customary closing conditions [3][4]. - The offering is made under an effective shelf registration statement and a Canadian short form base shelf prospectus [5]. Group 2: Use of Proceeds - The net proceeds from the offering will be used for general corporate purposes, including funding new product capabilities, working capital, and potential acquisitions [3]. Group 3: Company Background - Draganfly Inc. is a pioneer in drone solutions, AI-driven software, and robotics, with over 25 years of innovation in various sectors including public safety and agriculture [8].
Draganfly Announces Closing of US$13.75 Million Public Offering
Globenewswire· 2025-06-12 20:40
Core Points - Draganfly Inc. has successfully closed a public offering of 5,500,000 units, generating gross proceeds of approximately US$13.75 million at a price of US$2.50 per unit [1][2] - Each unit consists of one common share and one warrant, with the warrants having an exercise price of CA$5.0768 (or US$3.71) and expiring five years after issuance [1][2] - The net proceeds from the offering will be used for general corporate purposes, including funding new product capabilities, growth initiatives, working capital, and research and development [2] Offering Details - The offering was conducted under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission (SEC) and a Canadian short form base shelf prospectus [3] - The securities were offered and sold exclusively in the United States, with no sales made to Canadian purchasers [3] - A final prospectus supplement and accompanying base shelf prospectus have been filed with relevant securities commissions and are available for public access [4] 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 [6] - The company provides solutions for various sectors, including public safety, agriculture, industrial inspections, security, mapping, and surveying [6]
Canada's $80 Billion Defence Modernization Package Signals Strategic Shift—Draganfly Positioned for Rapid Growth with Integration of DND-Specified Radio Systems
Globenewswire· 2025-06-12 13:00
Group 1: Defence Investment and Policy Shift - Prime Minister Mark Carney announced an $80 billion long-term defence investment package focused on technological modernization, domestic industrial capacity, and unmanned aerial systems (UAS) [1] - The announcement marks a generational shift in federal defence procurement strategy, emphasizing drone capabilities and homeland industrial content [4][5] - Analysts expect at least 20% of the $80 billion to be allocated for next-generation battlefield technologies, with drones anticipated to receive a significant share of this investment [5] Group 2: Draganfly's Positioning and Capabilities - Draganfly Inc. is positioned to contribute to the objectives of the Our North Strong and Free (ONSAF) defence policy expansion, with its UAS platforms aligned with Department of National Defence (DND) priorities [2] - The company has successfully integrated a DND-specified radio communications system into its drone platforms, enhancing interoperability with existing military assets [2][6] - Draganfly's control over its own airframe and avionics intellectual property provides a defensible advantage in supply chain security [8] Group 3: Strategic Implications for the Industry - The focus on Canadian manufacturing aligns with the Industrial and Technological Benefits (ITB) policy, positioning domestically-integrated platforms favorably for procurement bids [8] - Draganfly's ability to support existing military architecture while rapidly adopting emerging technologies positions it as a key player in the defence modernization package [6] - Analysts anticipate that requests for information (RFIs) and requests for proposals (RFPs) for defence-grade drones will accelerate in the latter half of 2025, with potential contract awards as early as Q1 2026 [8]
Draganfly Announces Pricing of US$13.75 Million Public Offering
Globenewswire· 2025-06-11 12:30
Core Points - Draganfly Inc. announced a public offering of 5,500,000 units at a price of US$2.50 per unit, aiming for gross proceeds of approximately US$13.75 million [1][3] - Each unit consists of one common share and one warrant, with the warrants having an exercise price of CA$5.0768 (or US$3.71) and expiring five years after issuance [1] - The net proceeds from the offering will be used for general corporate purposes, including funding new product capabilities, working capital, acquisitions, and research and development [3] Offering Details - The offering is expected to close on or about June 12, 2025, subject to customary closing conditions [3][4] - Maxim Group LLC is acting as the sole placement agent for the offering [2] - The offering is made under an effective shelf registration statement and a Canadian short form base shelf prospectus [5][6] Company Background - Draganfly Inc. is a pioneer in drone solutions, AI-driven software, and robotics, with over 25 years of innovation in the industry [8] - The company provides solutions for various sectors, including public safety, agriculture, industrial inspections, security, mapping, and surveying [8]
Draganfly Announces Pricing of US$3.6 Million Underwritten Public Offering
Globenewswire· 2025-05-02 12:30
Core Points - Draganfly Inc. announced a public offering of 1,715,000 units at a price of US$2.10 per unit, aiming for gross proceeds of approximately US$3.6 million [1][3] - Each unit consists of one common share and one warrant, with the warrants having an exercise price of CA$3.9779 (or US$2.875) and expiring five years after issuance [1] - The company plans to use the net proceeds for general corporate purposes, including product development, marketing, potential acquisitions, and research and development [3] Offering Details - The offering is managed by Maxim Group LLC as the sole book-running manager [2] - The offering is subject to customary closing conditions, including regulatory approvals from the Canadian Securities Exchange and Nasdaq [4] - The offering is made under an effective shelf registration statement and will only be offered in the United States, with no sales to Canadian purchasers [5] Company Background - Draganfly is a pioneer in drone solutions, AI-driven software, and robotics, with over 25 years of innovation in the industry [8] - The company provides solutions for various sectors, including public safety, agriculture, industrial inspections, security, mapping, and surveying [8]