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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 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.
Draganfly Inc. (NASDAQ: DPRO) announced the launch of its new Heavy Lift and Commander 3 XL Drones, enhancing its position in the growing drone services market. The Heavy Lift Drone boasts a payload capacity of 67 pounds and flight time of up to 55 minutes, while the Commander 3 XL offers weather resistance and a 26-pound payload capacity. Both drones support various payloads, including imaging solutions. According to Verified Market Research, the global drone services market is projected to reach $60.67 billion by 2028, with a CAGR of nearly 24%. This positions Draganfly favorably for market growth.
Draganfly (NASDAQ: DPRO) announced its participation at the 2022 Texas Emergency Management Conference from May 31 to June 3 in San Antonio, Texas. The company will showcase its Drone as First Responder, Medical Response, and Search and Rescue platforms among other innovations. Draganfly emphasizes the efficiency of drones in emergencies, notably in reducing response times and improving situational awareness.
Draganfly Inc. (NASDAQ: DPRO), a pioneering developer of drone solutions, will present at the H.C. Wainwright Global Investment Conference from May 23-26, 2022. CEO Cameron Chell will deliver a virtual presentation, available online starting May 24, 2022, at 7 a.m. EDT, and archived for 90 days. Draganfly's innovative drone solutions are utilized across various sectors, enhancing operational efficiency and safety.
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