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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.

Rhea-AI Summary
Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) announced its third quarter financial results, reporting a 14.0% increase in revenue to $2,138,017. The company also recorded a gross profit of $894,683, up 42.7% year over year, and a comprehensive loss of $5,530,248. Draganfly secured its first defense orders for its Commander 3 XL with the U.S. Military and unveiled its newest product, the Commander 3 XL Hybrid.
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Draganfly Inc. will host a shareholder update call on November 9, 2023, to review the Company's milestones and financial results for Q3 2023. The call will be facilitated by CEO Cameron Chell and CFO Paul Sun. Registration can be done at https://bit.ly/47mfTqr.
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Draganfly Inc. has closed its underwritten offering, raising approximately US$3.5 million in gross proceeds. The Company issued 4,800,000 Units at a price of US$0.55 per Unit and 1,600,000 Pre-Funded Units at a price of US$0.5499. Each Unit consists of one Common Share and one Warrant, while each Pre-Funded Unit consists of one Pre-Funded Warrant and one Warrant. The net proceeds will be used for general corporate purposes, including product development, growth initiatives, acquisitions, and research and development.
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Draganfly Inc. announces the pricing of its underwritten offering of common shares and warrants, with gross proceeds of approximately US$3.5 million. The net proceeds will be used for general corporate purposes and to fund growth initiatives.
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Draganfly CEO Cameron Chell will present at a webinar on disaster risk reduction, highlighting how their drone technology enhances disaster management efforts.
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Draganfly Inc. will be presenting at the 16th annual LD Micro Main Event. Draganfly received a letter from Nasdaq indicating it did not meet the minimum bid price of $1.00 per share. The company has a compliance period of 180 calendar days to regain compliance.
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Draganfly Inc. has opened a new manufacturing and production facility in Saskatoon to meet the increasing demand for its UAV systems and components. The facility promises to enhance manufacturing capabilities and streamline assembly processes. The investment is expected to build and protect the province's economic future.
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Draganfly's Commander 3XL Platform chosen for inspection standards operations by leading energy research association, highlighting the company's commitment to security and regulatory standards.
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Draganfly announces grand opening of new manufacturing facility in Saskatoon
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Draganfly's Commander 3 XL platform selected by State Geological Survey for enhanced exploration and data collection during geological research and surveying efforts.
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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
Link
United States of America
Saskatoon