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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 been selected to provide its Public Safety technology to the PromoDrone platform for Emergency Management. The collaboration focuses on developing the next generation of PromoDrone’s safety drone, integrating Draganfly’s Commander 3XL UAV, which can carry custom payloads of up to 26 pounds. This drone is designed to enhance live-video feeds, data collection, and communication during large-scale events. Draganfly brings over two decades of experience in public safety drone solutions, promising improved response times and situational awareness.
Draganfly Inc. (NASDAQ: DPRO) has announced an order to supply an additional 30 reconnaissance drones to DEF-C, a Ukrainian defense services company. This order enhances ongoing support efforts through DroneAid, focusing on providing vital intelligence and reconnaissance capabilities in Ukraine. The drones are designed for quick deployment and automated data capture, improving situational awareness for ground operations. Draganfly has been actively aiding humanitarian efforts since the onset of the crisis in Ukraine.
Draganfly Inc. (NASDAQ: DPRO) has been chosen by the Ukrainian company DEF-C as the exclusive provider of drones and related services for civil and defense applications. This partnership will facilitate the provision of advanced drone solutions for emergency response, security, and infrastructure projects in Ukraine. Draganfly’s technology has gained positive feedback from DEF-C, underscoring its capability to deliver tailored solutions. The collaboration is poised to enhance the efficiency of both civil and military operations in the region.
Draganfly Inc. (NASDAQ: DPRO) reported its Q3 2022 financial results, revealing a revenue of $1,876,221, primarily from product sales of $1,359,986. Gross profit decreased to $626,908, with a gross margin of 33.4%, down from 40.8% in Q3 2021. The company faced a comprehensive loss of $4,992,533, a significant drop from a profit of $23,975,400 year-over-year. Cash reserves stood at $11.7 million. Draganfly also showcased new UAV platforms at various expos and delivered medical drones to Coldchain Delivery Systems for humanitarian missions.
Draganfly (NASDAQ: DPRO) announced a shareholder update call scheduled for November 9, 2022, at 2:30 PDT / 5:30 EDT. CEO Cameron Chell will discuss the Company's recent milestones, alongside CFO Paul Sun, who will review Q3 2022 financial results, to be filed after market close on the same day. Investors are encouraged to submit questions for discussion during the call. Draganfly is recognized for its innovative drone solutions across various sectors, enhancing operational efficiency and safety.
Draganfly Inc. (NASDAQ: DPRO) will present its innovative drone solutions at the 2022 Natural Disasters Expo in California on November 9, 2022. CEO Cameron Chell will discuss the role of drones in delivering essential medical supplies during emergencies. The expo, attended by disaster response professionals, will showcase Draganfly’s new Heavy Lift Drone and Commander 3XL Drone at booth #471. Chell emphasizes how drones enhance public safety and facilitate humanitarian efforts in crisis situations. The event occurs at the Anaheim Convention Center on November 9-10, 2022.
Draganfly Inc. (NASDAQ: DPRO) will participate in the ThinkEquity Conference on October 26, 2022, at The Mandarin Oriental Hotel, New York. CEO Cameron Chell will present at 4:00 PM ET. The conference aims to connect small and micro-cap companies with investors through presentations and one-on-one meetings. Draganfly is renowned for its innovative drone solutions in various sectors including public safety and agriculture.
Draganfly Inc. (NASDAQ: DPRO) will exhibit its Commander 3 XL drone and Smart Vital Intelligence technology at the upcoming IACP Annual Conference from October 15-18, 2022. This event is the largest law enforcement gathering, expected to attract over 16,000 public safety professionals. The Commander 3 XL is a versatile, weather-resistant drone designed for rapid deployment. The Smart Vital Intelligence technology allows real-time health data analysis through video feeds, offering insights into heart rate, blood pressure, and more. Draganfly emphasizes its commitment to enhancing public safety through innovative drone applications.
Draganfly Inc. (NASDAQ: DPRO) announces CEO Cameron Chell will speak at the IT Arena 2022 in Lviv, Ukraine on October 1, 2022. The conference highlights the resilience of Ukraine amidst conflict and features global tech leaders.
Chell emphasizes Draganfly's commitment to supporting Ukraine through innovative drone solutions, including medical supply delivery and mine detection.
Draganfly Inc. (NASDAQ: DPRO) announced that COO Paul Mullen will speak at the Saskatchewan Economic Development Alliance 2022 Summit on September 28, 2022. The summit will emphasize inclusive economic development. Mullen will highlight Draganfly's UAV technology contributions to rural Saskatchewan. With over 20 years of experience, Draganfly is a leader in drone solutions across various sectors, including agriculture.
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