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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. has unveiled its new NDAA-compliant FlexForce Modular FPV System, designed for Government & Military users, following successful demonstrations and training. The system features quick-exchange assemblies in various configurations, offering dynamic flight capabilities, payload capacities, and speeds. The FlexForce Core supports multiple flight modes and features advanced technologies for aerial reconnaissance and surveillance applications. The system was showcased during a recent FPV UAV Training & Demonstration Event, with exclusive availability to Government and Military clients. Draganfly remains committed to supporting critical missions through innovative drone solutions.
Draganfly Inc. will showcase its latest UAV technology at SOF Week 2024, aimed at the international Special Operations Forces community in Tampa, Florida. The event will highlight the Commander 3XL Drone and integration with Vermeer's VPS, enhancing navigation capabilities. Draganfly's commitment to innovation in UAV technology will be on display, offering tailored solutions for military and government agencies.
Draganfly Inc. announced the closing of a US$3.5 million registered direct offering, selling 13,513,514 units at a price of US$0.259 per unit. The Offering will be used for general corporate purposes and to fund new product demand, growth initiatives, and working capital requirements.
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.