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Draganfly Inc. Common Shares - DPRO STOCK NEWS

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.

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Draganfly Inc. announced a Registered Direct Offering worth US$3.5 million, where a single institutional investor purchased 13,513,514 units consisting of common shares and warrants. The public offering price was US$0.259 per unit, with Maxim Group acting as the sole placement agent. The Offering is intended for general corporate purposes, including funding growth initiatives, working capital requirements, and product development.

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Draganfly Inc. collaborates with ParaZero Technologies to enhance safety for UAV operations in medical and emergency response projects. The integration of ParaZero's state-of-the-art safety technology into Draganfly's Commander 3XL drones supports enhanced safety for flight operations over people and beyond visual line of sight. This collaboration aims to improve safety and efficiency in critical missions such as home healthcare deliveries and search and rescue operations.
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Draganfly Inc. (NASDAQ: DPRO) partners with Squamish Search and Rescue (SSAR) to enhance search and rescue operations through UAV solutions. SSAR, one of Canada's busiest rescue organizations, aims to improve efficiency and effectiveness by integrating Draganfly's cutting-edge technology and specialized training. The collaboration seeks to validate the impact of UAV technology in critical rescue operations, ensuring swift aid in challenging terrains. Draganfly's CEO, Cameron Chell, emphasizes the company's commitment to humanitarian causes and making a difference in saving time, money, and lives.
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Draganfly, Doodle Labs, and UXV Technologies have joined forces to enhance UAV communication solutions, setting new standards for operational capabilities in law enforcement, first response, and military sectors. The collaboration integrates Draganfly's Commander 3XL UAV, Doodle Labs' Helix Mesh Rider®️ Radio, and UXV Technologies' SRoC ground control station, offering a secure and ruggedized solution for demanding missions in various environments. The combined technologies provide dynamic interference-avoidance, anti-jamming capabilities, and intuitive control interfaces, emphasizing innovation and reliability in UAV operations.
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Draganfly Inc. is set to participate in XPONENTIAL 2024, showcasing its latest drone innovations and technologies at booth #3818 in San Diego, CA. The company's CEO and COO will be in attendance, with CEO Cameron Chell speaking at the Law-Tech Connect™ panel. Draganfly also faces noncompliance issues with Nasdaq Listing Rule 5550(b)(1) due to a stockholders' equity deficiency, with a hearing scheduled for May 21, 2024.
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Draganfly Inc. announces its fourth quarter and fiscal 2023 financial results, showcasing a transition year with new production capacity and flagship drone platforms. Key financial highlights include $6.55 million in total revenue, a 161.1% increase in gross profit, and a comprehensive loss of $23.71 million. The Company also obtained a Transport Canada Special Flight Operations Certificate for its Heavy Lift Drone and participated in events focusing on disaster risk reduction and military applications.
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Draganfly Inc. to host a shareholder update call with CEO Cameron Chell and CFO Paul Sun reviewing Q4 2023 financial results. Investors can submit questions for the call.
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Draganfly Inc. and Knightscope, Inc. partner to develop an autonomous security solution combining drones, ASRs, and emergency communication systems for enhanced public safety. The integration aims to offer scalable, efficient, and effective security solutions, advancing surveillance capabilities and operational efficiency.
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Draganfly Inc. (DPRO) closes underwritten public offering of 13.4 million units, raising approximately US$3.6 million. Each unit includes a common share and a warrant. The offering price was US$0.27 per unit, with warrants exercisable at US$0.36 per share. Proceeds will be used for general corporate purposes and growth initiatives.
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Draganfly Inc. announced the pricing of its underwritten public offering of 13.4 million units, generating approximately US$3.6 million in gross proceeds. Each unit comprises one common share and one warrant to purchase another share, with warrants exercisable at US$0.36 per share. The net proceeds will be utilized for general corporate purposes, new product development, growth initiatives, working capital, potential acquisitions, and research and development.
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FAQ

What is the current stock price of Draganfly Common Shares (DPRO)?

The current stock price of Draganfly Common Shares (DPRO) is $2.51 as of November 22, 2024.

What is the market cap of Draganfly Common Shares (DPRO)?

The market cap of Draganfly Common Shares (DPRO) is approximately 9.1M.

What does Draganfly Inc. specialize in?

Draganfly Inc. specializes in the development and manufacturing of unmanned aerial vehicle (UAV) systems, software, and engineering services.

Where is Draganfly Inc. headquartered?

Draganfly Inc. is headquartered in Canada and operates internationally.

What are the main segments of Draganfly's operations?

Draganfly operates through three main segments: Drones, Vital Intelligence, and Corporate.

What is the primary source of revenue for Draganfly Inc.?

The primary source of revenue for Draganfly Inc. is the sale of unmanned aerial vehicles (UAVs) through its Drones segment.

What is the Vital Intelligence segment about?

The Vital Intelligence segment provides products that measure vital signs from a distance for early symptom detection among large groups.

How can I stay updated with Draganfly's latest news?

You can stay updated with Draganfly's latest news by visiting their official website at www.draganfly.com and checking their profiles on the CSE, NASDAQ, and Börse Frankfurt.

How can I contact Draganfly's media relations?

For media inquiries, you can contact Arian Hopkins at media@draganfly.com.

Where can I find investor information about Draganfly?

Investor information about Draganfly can be found on their website and their profiles on the CSE, NASDAQ, and Börse Frankfurt.

What recent financial performance highlights has Draganfly achieved?

Draganfly has recently achieved key financial and operational milestones for Q4 2023 and early 2024, showcasing robust performance and growth.

How do Draganfly's products benefit emergency services?

Draganfly's drones assist emergency services by making dangerous situations safer for personnel through advanced UAV technology.

Draganfly Inc. Common Shares

Nasdaq:DPRO

DPRO Rankings

DPRO Stock Data

9.07M
3.78M
1.28%
1.82%
3.66%
Aerospace & Defense
Industrials
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United States of America
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