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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) 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.
Draganfly Inc. (NASDAQ:DPRO) will be featured on The RedChip Money Report airing on Bloomberg TV on July 30, 2022, at 7 p.m. ET. The interview with CEO Cameron Chell will highlight the company's extensive experience in drone solutions, record revenue achievements, and a projected $20 billion growth opportunity in the commercial sector. Draganfly, recognized for over 20 years in the industry, focuses on providing cutting-edge software and AI systems across various markets including public safety, agriculture, and surveying.
Draganfly Inc. (NASDAQ: DPRO) announces that President and CEO, Cameron Chell, will appear on Cheddar’s Opening Bell on July 14, 2022. The segment will highlight Draganfly’s collaboration with Coldchain Delivery Systems and the deployment of Medical Response Drones to Revived Soldiers Ukraine. Chell will also discuss his visit to Ukraine, showcasing the company's UAV-based landmine detection technology. The broadcast is scheduled for 7:30 a.m. PDT / 10:30 a.m. EDT.
On June 23, 2022, Draganfly Inc. (NASDAQ: DPRO) held its annual general meeting in Vancouver, where shareholders elected seven directors, including Cameron Chell and Scott Larson. The voting results showed a strong majority support for each nominee, with percentages for votes ranging from 97.37% to 97.74%. Additionally, Dale Matheson Carr-Hilton Labonte LLP was appointed as the company's auditors. Further details are available in the Management Information Circular dated May 9, 2022, on SEDAR.
Draganfly Inc. (NASDAQ: DPRO) announces a collaboration with Alabama State University to offer a Drone Technology Course through its Division of Continuing Education. The eight-week program covers unmanned aerial vehicles, regulations, and airspace operations, aiming to prepare students for future careers in the growing drone industry. As of May 31, 2022, FAA reports indicate over 865,000 registered drones and 280,000 certified remote pilots, highlighting the expanding demand for drone proficiency.
Draganfly Inc. (NASDAQ: DPRO) announced that an exclusive interview with President and CEO Cameron Chell will air on The RedChip Money Report on Bloomberg TV on June 18, 2022, at 7 p.m. ET. The segment will reach approximately 73 million homes, discussing record revenue, sales, and a $20 billion growth opportunity. Draganfly is recognized for its innovative drone solutions across various sectors, aiming to enhance organizational efficiency worldwide.
Draganfly (NASDAQ: DPRO) has successfully deployed its Situational Assessment Drones in Ukraine in partnership with Coldchain Delivery Systems. The initial two drones were received by Revived Soldiers Ukraine (RSU) on June 10, 2022, and training was conducted virtually for RSU’s operators. The Quantix™ Mapper drone offers high-resolution imaging for emergency situations. The project aims to enhance humanitarian aid efforts in Ukraine. Additionally, a total order could reach up to 200 drones, with funding support from DroneAid: Ukraine.
Draganfly Inc. (NASDAQ: DPRO) announces its new North American-made Long Range Light Detection and Ranging (LiDAR) system. This advanced system offers a 750-meter scanning range with 0.5-centimeter point cloud precision and two-centimeter global accuracy, achieving two million points per second. It is compatible with various aircraft and can be used for mobile scanning. The global LiDAR drone market is projected to reach $455 million by 2028, growing at a CAGR of nearly 18%. The company aims to leverage this technology across multiple industries.
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