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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.
Draganfly Inc. (NASDAQ: DPRO) has successfully completed initial field operations in Ukraine focused on integrating personnel and technology for landmine detection. These operations were essential for assessing the required sensors and equipment to enhance mine clearance strategies. The information gathered will aid in developing deployment protocols to improve the safety and efficiency of landmine detection efforts. Draganfly collaborates with organizations in Ukraine to support humanitarian efforts, utilizing drone technology to address critical challenges and save lives.
Draganfly Inc. (NASDAQ: DPRO) announced a partnership with Vermeer to integrate Vermeer’s Visual Positioning System (VPS) with Draganfly’s Commander 3 XL drone. This collaboration aims to enhance military and government mission capabilities by enabling drone operation in GPS-denied environments. The VPS technology allows aerial platforms to navigate using video feeds and pre-mapped 3D terrain, improving intelligence, surveillance, and reconnaissance missions. The integration is expected to streamline operations for the U.S. Department of Defense, offering advanced solutions for remote and challenging mission scenarios.
Draganfly Inc. (NASDAQ: DPRO) announced its participation in the World Police Summit, scheduled for March 7-9, 2023, at the Dubai World Trade Centre. Draganfly will showcase its Heavy Lift, Commander 3XL Drone, and Vital Intelligence Technology to demonstrate enhancements in public safety through drone solutions. CEO Cameron Chell expressed pride in contributing to law enforcement efforts, emphasizing the importance of their technology in enhancing situational awareness and national security.
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.
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.
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.
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.
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.
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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