Welcome to our dedicated page for Draganfly news (Ticker: DPRO), a resource for investors and traders seeking the latest updates and insights on Draganfly stock.
Draganfly Inc. (DPRO) is a recognized leader in unmanned aerial vehicle systems and advanced sensor technology, serving commercial and industrial markets worldwide. This news hub provides investors and industry professionals with timely updates on corporate developments, product innovations, and strategic initiatives driving the future of drone engineering.
Access official press releases and verified news covering DPRO's three core segments: commercial UAV platforms, vital intelligence sensors, and integrated engineering services. Stay informed about earnings announcements, technology partnerships, and operational milestones that demonstrate the company's position at the forefront of unmanned systems innovation.
Our curated news collection serves as your primary resource for understanding DPRO's market strategy across multiple applications – from industrial security solutions to emergency response technologies. Bookmark this page for direct access to factual updates about drone manufacturing advancements, sensor integration breakthroughs, and corporate developments shaping the UAV sector.
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.
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.
FAQ
What is the current stock price of Draganfly (DPRO)?
What is the market cap of Draganfly (DPRO)?
