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.
Draganfly (NASDAQ: DPRO) announced its participation at the H.C. Wainwright 24th Annual Global Investment Conference from September 12-14, 2022. CEO Cameron Chell will give a virtual presentation showcasing the company's innovative drone solutions and systems. Attendees can register online to listen to the presentation, which will be accessible starting September 12 at 7 a.m. EDT.
Draganfly Inc. (NASDAQ: DPRO) announces that President and CEO Cameron Chell will appear on The RedChip Money Report airing September 10 at 7 p.m. ET on Bloomberg TV, reaching approximately 73 million homes across the U.S. In this interview, Chell will discuss the company's record revenue performance in Q2 and its strategy to tap into the $20 billion commercial drone market. Draganfly is recognized for its innovative drone solutions across multiple sectors, including public safety and agriculture. For more details, tune in or access the interview online.
Draganfly Inc. (NASDAQ: DPRO) is participating in the California Probation, Parole and Correctional Association’s 89th Annual Training Conference from September 6-9, 2022. The company will showcase its Smart Vital Intelligence system at booth #8, which provides real-time health insights using drone and kiosk technology.
The system measures health metrics like heart rate and blood pressure using an advanced algorithm. This innovative solution has been assisting correctional institutions in managing health risks for over two years, reflecting Draganfly's commitment to technology in public safety.
Draganfly Inc. (NASDAQ: DPRO) announced its participation in the Commercial UAV Expo 2022, scheduled for September 7, 2022, in Las Vegas. President and CEO Cameron Chell will be a featured panelist in the discussion titled Drone Visionaries: Getting Drones to Work Today, which takes place from 4:30 PM to 5:30 PM PT. Draganfly will also showcase three new North American-made drone technologies at booth #238 during the expo, an important event focused on commercial UAS integration across various industries.
Draganfly Inc. (NASDAQ: DPRO) announced its participation in the Commercial UAV Expo, taking place from September 6-8, 2022, at Caesars Forum, Las Vegas. The company will unveil three new drone technologies, including the Heavy Lift Drone and Commander 3XL Drone, alongside its Long Range LiDAR System. CEO Cameron Chell will also participate in a panel discussion on September 7. This event represents a key opportunity for Draganfly to showcase its innovative solutions to industry leaders.
Draganfly Inc. (NASDAQ: DPRO) has delivered next-generation Medical Response Drones to Coldchain Delivery Systems for Revived Soldiers Ukraine. These drones feature upgraded hardware and software, including an automatic payload drop function and enhanced communication range, facilitating medical supply delivery even in challenging conditions. Each drone can carry up to 35 pounds, accommodating temperature-sensitive medical supplies. This shipment builds on prior orders and underscores Draganfly's commitment to providing critical support in Ukraine amid ongoing conflict.
Draganfly reported strong Q2 2022 results with revenue of $2,370,115, a 19.6% increase year-over-year. The gross profit rose to $1,013,589, representing a 39.1% growth, and the gross margin improved to 42.8%. The company achieved a comprehensive income of $640,324 compared to a loss of $8,095,356 a year ago. Key innovations included the launch of the Heavy Lift and Commander 3 XL Drones, alongside a new Long Range LiDAR system, enhancing its product line for various applications. Cash balance stood at $16.2 million as of June 30, 2022.
Draganfly Inc. (NASDAQ: DPRO) will hold a shareholder update call on August 9, 2022, at 2:30 PM PDT to discuss Q2 2022 financial results and company milestones. CEO Cameron Chell and CFO Paul Sun will lead the call, addressing pre-submitted and live questions. The financial results will be filed after market close on the same date. Draganfly has over 20 years in the drone solutions sector, serving various markets, including public safety and agriculture. For investor questions, contact investor.relations@draganfly.com.
Draganfly Inc. (NASDAQ: DPRO) announced the appointment of Deborah R. Greenberg as Chief Legal Officer. Greenberg, formerly of Canada Mortgage and Housing Corporation, brings extensive legal experience, including leadership roles focused on governance and compliance. She has received multiple accolades for her contributions to corporate law, including recognition in the GC Powerlist. CEO Cameron Chell expressed enthusiasm for Greenberg's addition, emphasizing her potential to support Draganfly’s growth across multiple sectors, including environmental and public safety applications.
Draganfly Inc. (NASDAQ: DPRO) will feature an interview with President and CEO Cameron Chell on The RedChip Money Report airing on Bloomberg TV, July 30, 2022, at 7 p.m. ET. The company highlighted its experience as a drone solutions provider and the potential $20 billion growth opportunity in the commercial market. However, Draganfly received a notice from Nasdaq for not meeting the minimum bid price of $1.00 per share over the past 30 business days, granting a compliance period until January 23, 2023, to remedy this.
FAQ
What is the current stock price of Draganfly Common Shares (DPRO)?
What is the market cap of Draganfly Common Shares (DPRO)?
What does Draganfly Inc. specialize in?
Where is Draganfly Inc. headquartered?
What are the main segments of Draganfly's operations?
What is the primary source of revenue for Draganfly Inc.?
What is the Vital Intelligence segment about?
How can I stay updated with Draganfly's latest news?
How can I contact Draganfly's media relations?
Where can I find investor information about Draganfly?
What recent financial performance highlights has Draganfly achieved?
How do Draganfly's products benefit emergency services?
