Saskatoon, SK, Aug. 26, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an industry-leading developer of drone solutions and systems, today provided insight into its unique positioning to support Canada’s newly announced $2 billion military aid package to Ukraine, which includes over $220 million dedicated to drone, counter-drone, and electronic warfare capabilities. As the world’s oldest dual-use drone manufacturer with 27 years of design, engin ...

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]

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].

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]

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]

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]

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]

Core Viewpoint - Draganfly Inc. has initiated an underwritten public offering in the United States, which includes units of common shares and warrants to purchase common shares, subject to market conditions [1][3]. Group 1: Offering Details - The offering is managed by Maxim Group LLC as the sole book-running manager [2]. - The net proceeds from the offering will be used for general corporate purposes, including funding new product capabilities, growth initiatives, working capital, and ongoing development and marketing of core products [2]. - The offering is contingent upon customary closing conditions, including necessary regulatory approvals from the Canadian Securities Exchange and The Nasdaq Stock Market [3]. Group 2: Regulatory and Legal Framework - The offering is made under an effective shelf registration statement on Form F-10, previously filed with the U.S. Securities and Exchange Commission (SEC) [4]. - A preliminary prospectus supplement will be filed with applicable securities commissions in Canada and the SEC, detailing the terms of the offering [5]. Group 3: Company Background - 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].