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Draganfly Signs Leading Drone Solution Provider for Australian Government and Enterprise Value Added Distributorship

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Draganfly Inc. (NASDAQ: DPRO) has announced a strategic partnership with The Institute for Drone Technology, appointing them as a value-added distributor of Draganfly's drone technology in Australia. This collaboration aims to meet the growing demand for advanced drone solutions in the Australian market, particularly in government, enterprise, and public safety sectors.

Key points:

  • The Institute for Drone Technology will distribute Draganfly's UAV technology to its extensive customer base
  • Draganfly will participate in the Land Forces International Land Defence Exposition in September
  • The partnership is expected to enhance operational efficiency, safety, and innovation across various sectors in Australia

Draganfly Inc. (NASDAQ: DPRO) ha annunciato una partnership strategica con l'Istituto per la Tecnologia dei Droni, nominando quest'ultimo come un distributore a valore aggiunto della tecnologia dei droni di Draganfly in Australia. Questa collaborazione mira a soddisfare la crescente domanda di soluzioni avanzate per droni nel mercato australiano, in particolare nei settori pubblico, aziendale e della sicurezza.

Punti chiave:

  • L'Istituto per la Tecnologia dei Droni distribuirà la tecnologia UAV di Draganfly alla sua vasta clientela
  • Draganfly parteciperà all'Esposizione internazionale sulla difesa terrestre Land Forces che si terrà a settembre
  • La partnership è destinata a migliorare l'efficienza operativa, la sicurezza e l'innovazione in vari settori in Australia

Draganfly Inc. (NASDAQ: DPRO) ha anunciado una asociación estratégica con el Instituto de Tecnología de Drones, nombrándolo como un distribuidor de valor añadido de la tecnología de drones de Draganfly en Australia. Esta colaboración tiene como objetivo satisfacer la creciente demanda de soluciones avanzadas de drones en el mercado australiano, especialmente en los sectores gubernamental, empresarial y de seguridad pública.

Puntos clave:

  • El Instituto de Tecnología de Drones distribuirá la tecnología UAV de Draganfly entre su extensa base de clientes
  • Draganfly participará en la Exposición Internacional de Defensa Terrestre Land Forces en septiembre
  • Se espera que la asociación mejore la eficiencia operativa, la seguridad y la innovación en varios sectores en Australia

드라간플라이 주식회사 (NASDAQ: DPRO)는 호주에서 드라간플라이의 드론 기술에 대한 부가가치 유통업체로 드론 기술 연구소를 임명하는 전략적 파트너십을 발표했습니다. 이 협력은 호주 시장에서 정부, 기업 및 공공 안전 부문을 중심으로 고급 드론 솔루션에 대한 증가하는 수요를 충족하는 것을 목표로 합니다.

주요 사항:

  • 드론 기술 연구소는 드라간플라이의 UAV 기술을 광범위한 고객에게 유통할 것입니다
  • 드라간플라이는 9월에 육상 방위 국제 전시회 Land Forces에 참여할 예정입니다
  • 이 파트너십은 호주 내 여러 부문에서 운영 효율성, 안전성 및 혁신을 향상시킬 것으로 기대됩니다

Draganfly Inc. (NASDAQ: DPRO) a annoncé un partenariat stratégique avec l'Institut de Technologie des Drones, le désignant comme distributeur à valeur ajoutée de la technologie de drones de Draganfly en Australie. Cette collaboration vise à répondre à la demande croissante de solutions avancées de drones sur le marché australien, en particulier dans les secteurs gouvernemental, commercial et de la sécurité publique.

Points clés :

  • L'Institut de Technologie des Drones distribuera la technologie UAV de Draganfly à sa large clientèle
  • Draganfly participera à l'Exposition internationale de défense terrestre Land Forces en septembre
  • Ce partenariat devrait améliorer l'efficacité opérationnelle, la sécurité et l'innovation dans divers secteurs en Australie

Draganfly Inc. (NASDAQ: DPRO) hat eine strategische Partnerschaft mit dem Institut für Drohnentechnologie bekannt gegeben und es zum wertschöpfenden Distributor der Drohnentechnologie von Draganfly in Australien ernannt. Diese Zusammenarbeit zielt darauf ab, der wachsenden Nachfrage nach fortschrittlichen Drohnenlösungen auf dem australischen Markt gerecht zu werden, insbesondere in den Bereichen Regierung, Unternehmen und öffentliche Sicherheit.

Wichtige Punkte:

  • Das Institut für Drohnentechnologie wird die UAV-Technologie von Draganfly an seine umfangreiche Kundenbasis vertreiben
  • Draganfly wird im September an der Land Forces International Land Defence Exposition teilnehmen
  • Erwartet wird, dass die Partnerschaft die operative Effizienz, Sicherheit und Innovation in verschiedenen Sektoren in Australien verbessert
Positive
  • Strategic partnership with The Institute for Drone Technology to distribute Draganfly's products in Australia
  • Access to a large customer base in government, enterprise, and public safety sectors
  • Participation in the Land Forces International Land Defence Exposition, providing exposure to major defense contractors
Negative
  • None.

Insights

This partnership marks a strategic move for Draganfly to expand its presence in the Australian market. The collaboration with The Institute for Drone Technology, a well-established player in the region, provides Draganfly with a valuable distribution channel to tap into the growing demand for drone solutions in various sectors.

The timing of this partnership is opportune, coinciding with increased interest in advanced UAV technology across government, enterprise and public safety sectors in Australia. This could potentially accelerate Draganfly's revenue growth in the region. However, investors should note that the financial impact of this partnership is not quantified in the announcement, making it difficult to assess its immediate effect on Draganfly's bottom line.

Draganfly's participation in the upcoming Land Forces International Land Defence Exposition is a positive development, offering exposure to key decision-makers in the defense sector. This could lead to new contract opportunities and further solidify Draganfly's position in the market.

Draganfly's partnership with The Institute for Drone Technology signifies a strategic alignment of cutting-edge UAV technology with local expertise and market access. This collaboration could potentially accelerate innovation in drone applications across various sectors in Australia.

The diverse customer base of The Institute, spanning government, enterprise and public safety sectors, provides Draganfly with a unique opportunity to showcase the versatility of its UAV solutions. This could lead to customized product development tailored to specific Australian market needs, potentially giving Draganfly a competitive edge.

However, it's worth noting that the Australian drone market is becoming increasingly competitive. Draganfly will need to continuously innovate and differentiate its offerings to maintain a strong market position. The success of this partnership will largely depend on how effectively Draganfly can adapt its technology to meet local requirements and regulations.

Saskatoon, SK, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) ‎‎(“Draganfly” or the “Company”), a leader in drone technology and unmanned aerial vehicle (UAV) solutions, is excited to announce a strategic partnership with The Institute for Drone Technology, a leading drone solution provider for the Australian government and enterprise sectors. This agreement appoints The Institute for Drone Technology as a value-added distributor of Draganfly's cutting-edge drone technology in Australia.

The collaboration between Draganfly and The Institute for Drone Technology comes at a time of incredible demand for advanced drone solutions within Australia. The Institute for Drone Technology’s extensive customer base, which spans government, enterprise, and public safety sectors, has shown a keen interest in integrating Draganfly's state-of-the-art UAV technology into their operations. This partnership is set to meet this growing demand by making Draganfly's innovative products more accessible for a wide range of applications across the country.

Cameron Chell, President and CEO of Draganfly, expressed his enthusiasm about the partnership, stating, "We are thrilled to partner with The Institute for Drone Technology, a recognized leader in the Australian drone market. This collaboration will enable us to better serve the significant and growing demand for our products within Australia. We look forward to working closely with The Institute for Drone Technology to deliver unparalleled UAV solutions to their diverse customer base."

The Institute for Drone Technology is equally enthusiastic about the partnership. "Our customers have been eagerly awaiting access to Draganfly's advanced drone technology," said a representative from The Institute for Drone Technology. "This distributorship will allow us to offer cutting-edge UAV solutions that enhance operational efficiency, safety, and innovation across various sectors. We are excited to see the positive impact this collaboration will have on our customers and the broader Australian market."

As part of the partnership, Draganfly is proud to announce its participation in the Land Forces International Land Defence Exposition in September. This premier event serves as the gateway to the land defence markets of Australia and the region, providing a platform for interaction with major prime contractors. Draganfly will showcase its latest innovations and demonstrate the transformative power of their UAV solutions in defense and public safety applications. Attendees will have the chance to engage with Draganfly's expert team, witness firsthand the capabilities of Draganfly's UAV technology, and discuss tailored solutions for their specific needs.

About The Institute for Drone Technology

The Institute is a leading provider of drone solutions for the Australian government and enterprise sectors. With a focus on delivering state-of-the-art UAV technology and comprehensive training programs, the Institute is dedicated to advancing the use of drones in public safety, defense, and commercial applications.

About Draganfly

Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8A) is the creator of quality, cutting-edge drone solutions, software, and AI systems that revolutionize how organizations can do business and serve their stakeholders. Recognized as being at the forefront of technology for over 24 years, Draganfly is an award-winning industry leader serving the public safety, agriculture, industrial inspections, security, mapping, and surveying markets. Draganfly is a company driven by passion, ingenuity, and the need to provide efficient solutions and first-class services to its customers around the world with the goal of saving time, money, and lives.

For more information on Draganfly, please visit us at www.draganfly.com. For additional investor information, visit:

Media Contact Email: media@draganfly.com
Company Contact Email: info@draganfly.com

Forward-Looking Statements

This release contains certain “forward looking statements” and certain “forward-looking ‎‎‎‎information” as ‎‎‎‎defined under applicable securities laws. Forward-looking statements ‎‎‎‎and information can ‎‎‎‎generally be identified by the use of forward-looking terminology such as ‎‎‎‎‎“may”, “will”, “expect”, “intend”, ‎‎‎‎‎“estimate”, “anticipate”, “believe”, “continue”, “plans” or similar ‎‎‎‎terminology. Forward-looking statements ‎‎‎‎and information are based on forecasts of future ‎‎‎‎results, estimates of amounts not yet determinable and ‎‎‎‎assumptions that, while believed by ‎‎‎‎management to be reasonable, are inherently subject to significant ‎‎‎‎business, economic and ‎‎‎‎competitive uncertainties and contingencies. Forward-looking statements ‎‎‎‎include, but are not ‎‎‎‎limited to, statements with respect to advanced UAV technology’s ability to save lives and improve operational efficiency. Forward-‎‎‎‎looking statements and information are subject to various ‎known ‎‎and unknown risks and ‎‎‎‎‎uncertainties, many of which are beyond the ability of the Company to ‎control or ‎‎predict, that ‎‎‎‎may cause ‎the Company’s actual results, performance or achievements to be ‎materially ‎‎different ‎‎‎‎from those ‎expressed or implied thereby, and are developed based on assumptions ‎about ‎‎such ‎‎‎‎risks, uncertainties ‎and other factors set out here in, including but not limited to: the potential ‎‎‎‎‎‎‎impact of epidemics, ‎pandemics or other public health crises, including the ‎COVID-19 pandemic, on the Company’s business, operations and financial ‎‎‎‎condition; the ‎‎‎successful integration of ‎technology; the inherent risks involved in the general ‎‎‎‎securities markets; ‎‎‎uncertainties relating to the ‎availability and costs of financing needed in the ‎‎‎‎future; the inherent ‎‎‎uncertainty of cost estimates; the ‎potential for unexpected costs and ‎‎‎‎expenses, currency ‎‎‎fluctuations; regulatory restrictions; and liability, ‎competition, loss of key ‎‎‎‎employees and other related risks ‎‎‎and uncertainties disclosed under the ‎heading “Risk Factors“ ‎‎‎‎in the Company’s most recent filings filed ‎‎‎with securities regulators in Canada on ‎the SEDAR ‎‎‎‎website at www.sedar.com and with the United States Securities and Exchange Commission (the “SEC”) on EDGAR through the SEC’s website at www.sec.gov. The Company undertakes ‎‎‎no obligation to update forward-‎looking ‎‎‎‎information except as required by applicable law. Such forward-‎‎‎looking information represents ‎‎‎‎‎managements’ best judgment based on information currently available. ‎‎‎No forward-looking ‎‎‎‎statement ‎can be guaranteed and actual future results may vary materially. ‎‎‎Accordingly, readers ‎‎‎‎are advised not to ‎place undue reliance on forward-looking statements or ‎‎‎information.‎


FAQ

What is the significance of Draganfly's partnership with The Institute for Drone Technology?

The partnership appoints The Institute for Drone Technology as a value-added distributor of Draganfly's drone technology in Australia, allowing Draganfly to better serve the growing demand for its products in the Australian market across government, enterprise, and public safety sectors.

How will Draganfly (DPRO) showcase its technology at the Land Forces International Land Defence Exposition?

Draganfly will demonstrate its latest UAV innovations and discuss tailored solutions for defense and public safety applications with attendees and major prime contractors at the exposition in September.

What potential benefits does this partnership bring to Draganfly's (DPRO) business in Australia?

The partnership is expected to make Draganfly's innovative products more accessible in Australia, enhancing operational efficiency, safety, and innovation across various sectors, while also expanding the company's reach in the Australian drone market.

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