DRAGANFLY INC


Associated tags: Agriculture, Inc., Public, Software, AI, Mining, FSE, CSE

Locations: BRITISH COLUMBIA, LOS ANGELES, UNITED STATES, CANADA, NEW YORK, ONTARIO, CALIFORNIA, FORT WORTH, AUSTRALIA, SWEDEN, NORTHERN IRELAND, SPAIN, NEW YORK CITY, NC, PARK AVENUE, SASKATOON, SASKATCHEWAN, CA, FORT BRAGG, NORTH CAROLINA, FLORIDA, UKRAINE, UNITED STATES AIR FORCE ACADEMY, KIRYAT ONO, IL, ISRAEL, FAA, SAR

Draganfly Unveils New NDAA Compliant “FlexForce” Modular FPV System Following US Military Demonstrations & Training

Retrieved on: 
Tuesday, May 7, 2024

San Diego, CA., May 07, 2024 (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 the launch of its newest product, the FlexForce Modular FPV UAV System, available exclusively to Government & Military buyers following a FPV UAV Demonstration and Training.

Key Points: 
  • The FlexForce Core, the foundation of the FlexForce FPV System, is a tightly integrated FPV airframe that offers the modern FPV pilot a variety of flight modes, including Full Acrobatic, GPS Assist & Waypoint Mission.
  • The ultra-low latency video feed from the FPV Core can be displayed to both the FPV Goggles and external monitors.
  • During this 2-day event, Draganfly FPV pilots and subject matter experts assisted over 200 members of the Special and Conventional forces in gaining valuable exposure and training for FPV UAV operations.
  • Sale and demonstration of the Draganfly FlexForce FPV System is currently offered exclusively to Government and Military clients, underscoring Draganfly’s ongoing commitment to supporting critical missions.

Draganfly Integrates ParaZero Safety Technology into Commander 3XL Drones for Home Hospital Delivery and Emergency Response

Retrieved on: 
Thursday, April 25, 2024

ParaZero's state-of-the-art safety technology has been incorporated in FAA waivers and type certifications, in addition to other regulatory approval worldwide.

Key Points: 
  • ParaZero's state-of-the-art safety technology has been incorporated in FAA waivers and type certifications, in addition to other regulatory approval worldwide.
  • The integration of ParaZero into Draganfly's Commander 3XL supports enhanced safety for flight operations over people and beyond visual line of sight (BVLOS).
  • "Working with ParaZero signifies our commitment to advancing UAV safety and operational capabilities," said Cameron Chell, CEO of Draganfly.
  • "Our shared vision for safer and more efficient UAV operations in emergency and medical response scenarios will undoubtedly lead to better outcomes in critical situations where time and safety are of the essence."

Squamish Search & Rescue Selects Draganfly as UAV Solutions Provider, Advancing Lifesaving Operations

Retrieved on: 
Wednesday, April 24, 2024

The team specializes in search and rescue operations on land and inland waters, as well as providing wilderness public safety and emergency services in Squamish, British Columbia, Canada.

Key Points: 
  • The team specializes in search and rescue operations on land and inland waters, as well as providing wilderness public safety and emergency services in Squamish, British Columbia, Canada.
  • This work is designed to validate the potential impact of UAV technology in critical rescue operations as SSAR moves towards operationalizing UAV use in both search and rescue settings.
  • "This is an important first step in further developing SSAR’s UAV capabilities," said Lianne Girard, Director of Technology, Squamish Search and Rescue.
  • "We are honoured to have been selected as the UAV solutions provider for Squamish Search & Rescue," said Cameron Chell, Draganfly CEO.

Draganfly, Doodle Labs, and UXV Technologies Collaborate to Enhance UAV Communication Solutions

Retrieved on: 
Monday, April 22, 2024

San Diego, CA., April 22, 2024 (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 a collaboration with communication experts Doodle Labs, and control systems specialists UXV Technologies. This collaborative effort is set to redefine operational capabilities for law enforcement, first responders, and military specialists.

Key Points: 
  • The collaboration combines Draganfly’s Commander 3XL UAV, Doodle Labs’ Helix Mesh Rider®️ Radio, and UXV Technologies Soldier Robotic Controller (SRoC) ground control station (GCS), together offering a secure, robust, and ruggedized solution for demanding missions.
  • "Incorporating technologies from Doodle Labs and UXV Technologies provides a robust solution for many specific customers, especially for law enforcement, first responders, and military applications," said Cameron Chell, CEO of Draganfly.
  • This partnership with Draganfly and Doodle Labs represents a significant step forward in our mission to deliver unrivaled control systems for UAV operations," said Steven Friberg, CEO of UXV Technologies.
  • As Draganfly, Doodle Labs, and UXV Technologies progress with their collaboration, their joint efforts will remain centered on developing and enhancing UAV technologies.

Draganfly to Showcase Cutting-Edge Drone Technologies at XPONENTIAL 2024 in San Diego

Retrieved on: 
Thursday, April 11, 2024

San Diego, CA., April 11, 2024 (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 pleased to announce its participation at XPONENTIAL 2024 at booth #3818 in San Diego, CA from April 22nd to April 25th.

Key Points: 
  • San Diego, CA., April 11, 2024 (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 pleased to announce its participation at XPONENTIAL 2024 at booth #3818 in San Diego, CA from April 22nd to April 25th.
  • The Starling X.2, a product developed in partnership with Promo Drone, will also be presented, offering a glimpse into the future of unmanned aerial communication systems.
  • “Draganfly is thrilled to be at the forefront of the evolving landscape of drone technology and artificial intelligence, as showcased at the Xponential conference,” said Cameron Chell, CEO of Draganfly.
  • “We’re proud to demonstrate the capabilities of our North American-made drone technologies at the San Diego Convention Center, signaling a showcase of our current achievements and a preview of exciting product developments yet to be announced.

Draganfly Reports its 2023 Results

Retrieved on: 
Wednesday, March 27, 2024

Saskatoon, SK., March 27, 2024 (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 2023 financial results.

Key Points: 
  • Saskatoon, SK., March 27, 2024 (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 2023 financial results.
  • The financial year 2023 was a transition year for Draganfly as 2023 marked new production capacity coming online along with the commercialization of its flagship Commander 3XL and Heavy Lift Drone platforms.
  • As a percentage of sales, gross margin increased from 10.4% in 2022 to 31.5% in 2023.
  • Draganfly announced record third-quarter results for 2023, recording revenue of $2,138,017, which marked a 14.0% increase from the same period the previous year.

Draganfly to Host Shareholder Update and Q4 Earnings Call

Retrieved on: 
Tuesday, March 26, 2024

Saskatoon, SK., March 26, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, announced today that it will host a shareholder update call on March 27, 2024, at 2:30 p.m. PDT / 5:30 p.m. EDT.

Key Points: 
  • Saskatoon, SK., March 26, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, announced today that it will host a shareholder update call on March 27, 2024, at 2:30 p.m. PDT / 5:30 p.m. EDT.
  • Draganfly CEO Cameron Chell will facilitate the shareholder update call and review the Company’s milestones.
  • CFO Paul Sun will review the Company’s financial results for Q4 2023, which are planned to be filed after the market on March 27, 2024.
  • The Company will answer pre-submitted questions of prepared remarks.

Draganfly to Integrate Drones with Knightscope Autonomous Security Robots & Systems

Retrieved on: 
Wednesday, March 13, 2024

Mountain View, California., March 13, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, and Knightscope, Inc. (NASDAQ: KSCP) a leading innovator in robotics and artificial intelligence (“AI”) technologies focused on public safety, are pleased to announce that Knightscope has selected Draganfly to jointly develop an autonomous security solution that combines Draganfly drones with Knightscope Autonomous Security Robots (ASRs), emergency communications devices & Knightscope Security Operations Center (KSOC) user interface & remote monitoring platform.

Key Points: 
  • Knightscope Autonomous Security Robots (ASRs) & Emergency Communications Products to be Integrated with Draganfly Drones for Innovation in Public Safety.
  • Mountain View, California., March 13, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, and Knightscope, Inc. (NASDAQ: KSCP) a leading innovator in robotics and artificial intelligence (“AI”) technologies focused on public safety, are pleased to announce that Knightscope has selected Draganfly to jointly develop an autonomous security solution that combines Draganfly drones with Knightscope Autonomous Security Robots (ASRs), emergency communications devices & Knightscope Security Operations Center (KSOC) user interface & remote monitoring platform.
  • By integrating our cutting-edge autonomous security robots with Draganfly's innovative drone technology, we are setting a new standard for comprehensive, AI-driven security solutions,” William Santana Li, CEO of Knightscope, said.
  • "As we embark on this groundbreaking work with Knightscope, Draganfly stands at the forefront of helping advance security with autonomous drone technology,” said Cameron Chell, President, and CEO of Draganfly.

Draganfly Announces Closing of US$3.6 Million Underwritten Public Offering

Retrieved on: 
Monday, February 26, 2024

Each unit was sold at a public offering price of US$0.27, for gross proceeds of approximately US$3.6 million, before deducting underwriting discounts and offering expenses.

Key Points: 
  • Each unit was sold at a public offering price of US$0.27, for gross proceeds of approximately US$3.6 million, before deducting underwriting discounts and offering expenses.
  • The warrants have an exercise price of US$0.36 per share, were exercisable immediately and will expire five years following the date of issuance.
  • Maxim Group LLC acted as sole book-running manager for the Offering.
  • The Offering was made pursuant to an effective shelf registration statement on Form F-10, as amended, (File No.

Draganfly Announces Pricing of US$3.6 Million Underwritten Public Offering

Retrieved on: 
Thursday, February 22, 2024

Each unit was sold at a public offering price of US$0.27, for gross proceeds of approximately US$3.6 million, before deducting underwriting discounts and offering expenses.

Key Points: 
  • Each unit was sold at a public offering price of US$0.27, for gross proceeds of approximately US$3.6 million, before deducting underwriting discounts and offering expenses.
  • Maxim Group LLC is acting as sole book-running manager for the Offering.
  • The Offering is expected to close on or about February 26, 2024, subject to the satisfaction of customary closing conditions.
  • The Offering is being made pursuant to an effective shelf registration statement on Form F-10, as amended, (File No.