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Draganfly Inc. Common Shares - DPRO STOCK NEWS

Welcome to our dedicated page for Draganfly Common Shares news (Ticker: DPRO), a resource for investors and traders seeking the latest updates and insights on Draganfly Common Shares stock.

Draganfly Inc. (DPRO) is a global leader in the development and manufacturing of unmanned aerial vehicle (UAV) systems, software, and engineering services. Headquartered in Canada, the company has established a significant presence in the United States and internationally. Draganfly operates through three primary segments: Drones, Vital Intelligence, and Corporate.

The Drones segment is the cornerstone of Draganfly's operations, generating the majority of the company's revenue. This segment focuses on the production and sales of cutting-edge UAVs, catering to both hobbyists and industrial clients. Draganfly's drones are utilized in various applications, from recreational flying to critical missions involving emergency services, where they help make dangerous situations safer for personnel.

The Vital Intelligence segment leverages advanced technology to provide products that can measure vital signs from a distance, aiding in the early detection of symptoms among large groups. This innovative approach is particularly useful in public health scenarios, offering a non-invasive method to monitor the health of populations.

The Corporate segment encompasses all costs and activities not directly tied to the Drones or Vital Intelligence segments. This includes administrative functions and strategic initiatives aimed at supporting the overall growth and sustainability of the company.

Draganfly has made significant strides in recent years, achieving key financial and operational milestones. The company continues to expand its product offerings and forge strategic partnerships, positioning itself as a pioneer in the UAV industry. For instance, recent financial highlights for Q4 2023 and early 2024 underscore Draganfly's robust performance and growth trajectory.

Investors and stakeholders can stay informed about Draganfly's developments by visiting the company's official website at www.draganfly.com. For additional investor information, the company's profiles on the CSE, NASDAQ, and Börse Frankfurt are excellent resources.

For media inquiries, please contact Arian Hopkins at media@draganfly.com. Company-related queries can be directed to info@draganfly.com.

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Draganfly Inc. (DPRO) announced its participation at the 2023 Natural Disasters Expo in Miami from March 1-2, 2023. CEO Cameron Chell will be a keynote speaker, discussing the company's drone technology used for emergency response, including delivery of medical supplies and damage assessment. Draganfly will showcase its Vital Intelligence AI Technology, Heavy Lift Drone, and Commander 3XL Drone at booth #1277. The expo aims to connect disaster response professionals with innovative solutions to enhance public safety.

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Draganfly Inc. (NASDAQ: DPRO) has delivered its first Situational Assessment Drone to the State Emergency Service of Ukraine in Kyiv, with plans to complete the delivery of two more drones to assist in emergencies across the country. These automated VTOL drones utilize RGB & Multi-Spectral imaging to enhance situational awareness and provide essential data for search and rescue operations. The delivery is part of Draganfly's commitment to support Ukraine amid ongoing conflicts, ensuring first responders have access to advanced technology. Draganfly is recognized for its innovative drone solutions serving various sectors globally.

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Draganfly Inc. (NASDAQ: DPRO) has announced a strategic partnership with Remote Sensing Instruments (RSI) to manufacture and distribute its drones in India. This collaboration aligns with the Indian government's AatmaNirbhar Bharat initiative aimed at boosting domestic production. The Indian drone market is projected to grow at a CAGR of 10.23% from 2023 to 2028, presenting significant opportunities for Draganfly. CEO Cameron Chell highlighted that entering such a vast market accelerates their growth potential. RSI, a leader in geospatial technology, will enhance Draganfly's distribution capabilities and leverage its infrastructure to tap into India's expanding drone sector.

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Draganfly Inc. (NASDAQ: DPRO) has entered a letter of intent with Lufthansa Industry Solutions to integrate its drone technology and Vital Intelligence software into marine search and rescue operations. This collaboration aims to enhance maritime safety by deploying Draganfly's high-endurance drones, which can perform reconnaissance and locate individuals in emergencies. The partnership also includes incorporating Vital Intelligence into Lufthansa's AIaaS platform to facilitate digital transformation for businesses. CEO Cameron Chell expressed excitement about meeting growing demand from Tier 1 customers.

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Draganfly Inc. (NASDAQ:DPRO) is set to be featured in an upcoming interview on The RedChip Money Report on Bloomberg TV on December 17, 2022, at 7 p.m. ET. CEO Cameron Chell will discuss the company's record revenue in the first nine months of 2022 and its strategies to expand capacity to meet increasing demand, particularly in relation to drone applications in Ukraine. The program targets an audience of approximately 73 million households, amplifying Draganfly's visibility in the investor community.

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Draganfly Inc. (NASDAQ: DPRO) announced that an interview with CEO Cameron Chell will air on The RedChip Money Report on Bloomberg TV on December 17, 2022. The program, viewed in approximately 73 million U.S. homes, will cover the company's record revenue for the first nine months of 2022 and its efforts to increase capacity amid growing demand. Chell will also discuss the role of drones in Ukraine. This interview follows a previous feature on the same program in September.

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Draganfly Inc. (NASDAQ: DPRO) has launched the Draganfly UAS A.I.R. Space in Spring Branch, Texas. This facility is dedicated to the adoption, innovation, and research of Unmanned Aerial Systems (UAS). Collaborating with Coldchain Delivery Systems, the site will focus on testing protocols for anomaly detection, particularly in identifying mines and unexploded ordinances, as well as enhancing UAV delivery for emergency responses. This initiative is expected to advance the development of new operating methods and train AI models, reflecting Draganfly's commitment to revolutionizing commercial UAV technologies.

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Draganfly Inc. (NASDAQ: DPRO) announced the integration of its Vital Intelligence Technology with CorrecTek’s Corrections Management Platform. This technology, already operational in over 200 correctional facilities, enhances inmate intake and management by providing real-time health metrics such as heart rates and oxygen saturation from camera feeds. The integration aims to improve operational efficiency while reducing staff workload and enhancing patient care. This partnership reflects Draganfly’s commitment to advancing public safety through its drone-based solutions.

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Draganfly (NASDAQ: DPRO) has partnered with Bluvec to develop advanced counter-drone solutions targeting military and civil applications. This collaboration aims to enhance threat detection and intervention at critical infrastructures, including airports and energy facilities. The integration of Bluvec's Deep Signal Inspection technology with Draganfly's Commander 3XL UAV will extend product capabilities significantly. As a distributor of Bluvec's solutions, Draganfly aims to facilitate the global adoption of counter-UAV technology. This partnership is positioned to address urgent real-world needs for drone security and management.

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FAQ

What is the current stock price of Draganfly Common Shares (DPRO)?

The current stock price of Draganfly Common Shares (DPRO) is $2.51 as of November 22, 2024.

What is the market cap of Draganfly Common Shares (DPRO)?

The market cap of Draganfly Common Shares (DPRO) is approximately 9.1M.

What does Draganfly Inc. specialize in?

Draganfly Inc. specializes in the development and manufacturing of unmanned aerial vehicle (UAV) systems, software, and engineering services.

Where is Draganfly Inc. headquartered?

Draganfly Inc. is headquartered in Canada and operates internationally.

What are the main segments of Draganfly's operations?

Draganfly operates through three main segments: Drones, Vital Intelligence, and Corporate.

What is the primary source of revenue for Draganfly Inc.?

The primary source of revenue for Draganfly Inc. is the sale of unmanned aerial vehicles (UAVs) through its Drones segment.

What is the Vital Intelligence segment about?

The Vital Intelligence segment provides products that measure vital signs from a distance for early symptom detection among large groups.

How can I stay updated with Draganfly's latest news?

You can stay updated with Draganfly's latest news by visiting their official website at www.draganfly.com and checking their profiles on the CSE, NASDAQ, and Börse Frankfurt.

How can I contact Draganfly's media relations?

For media inquiries, you can contact Arian Hopkins at media@draganfly.com.

Where can I find investor information about Draganfly?

Investor information about Draganfly can be found on their website and their profiles on the CSE, NASDAQ, and Börse Frankfurt.

What recent financial performance highlights has Draganfly achieved?

Draganfly has recently achieved key financial and operational milestones for Q4 2023 and early 2024, showcasing robust performance and growth.

How do Draganfly's products benefit emergency services?

Draganfly's drones assist emergency services by making dangerous situations safer for personnel through advanced UAV technology.

Draganfly Inc. Common Shares

Nasdaq:DPRO

DPRO Rankings

DPRO Stock Data

9.07M
3.78M
1.28%
1.82%
3.66%
Aerospace & Defense
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