DRAGANFLY INC


Associated tags: Agriculture, Inc., Public, Software, AI, Mining, FSE, CSE

Locations: NORTH AMERICA, TEXAS, VANCOUVER, UKRAINE, UAE, UNITED ARAB EMIRATES, KHERSON, MANITOBA, CHINA, SPRING BANK, NOKIA, FL, MA, MIDDLE EAST, SASKATOON, SASKATCHEWAN, CA, NC, CALIFORNIA

Draganfly Reports its 2023 Results

Retrieved on: 
Wednesday, March 27, 2024

Saskatoon, SK., March 27, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce its fourth quarter and fiscal 2023 financial results.

Key Points: 
  • Saskatoon, SK., March 27, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce its fourth quarter and fiscal 2023 financial results.
  • The financial year 2023 was a transition year for Draganfly as 2023 marked new production capacity coming online along with the commercialization of its flagship Commander 3XL and Heavy Lift Drone platforms.
  • As a percentage of sales, gross margin increased from 10.4% in 2022 to 31.5% in 2023.
  • Draganfly announced record third-quarter results for 2023, recording revenue of $2,138,017, which marked a 14.0% increase from the same period the previous year.

Draganfly to Host Shareholder Update and Q4 Earnings Call

Retrieved on: 
Tuesday, March 26, 2024

Saskatoon, SK., March 26, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, announced today that it will host a shareholder update call on March 27, 2024, at 2:30 p.m. PDT / 5:30 p.m. EDT.

Key Points: 
  • Saskatoon, SK., March 26, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, announced today that it will host a shareholder update call on March 27, 2024, at 2:30 p.m. PDT / 5:30 p.m. EDT.
  • Draganfly CEO Cameron Chell will facilitate the shareholder update call and review the Company’s milestones.
  • CFO Paul Sun will review the Company’s financial results for Q4 2023, which are planned to be filed after the market on March 27, 2024.
  • The Company will answer pre-submitted questions of prepared remarks.

Draganfly to Integrate Drones with Knightscope Autonomous Security Robots & Systems

Retrieved on: 
Wednesday, March 13, 2024

Mountain View, California., March 13, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, and Knightscope, Inc. (NASDAQ: KSCP) a leading innovator in robotics and artificial intelligence (“AI”) technologies focused on public safety, are pleased to announce that Knightscope has selected Draganfly to jointly develop an autonomous security solution that combines Draganfly drones with Knightscope Autonomous Security Robots (ASRs), emergency communications devices & Knightscope Security Operations Center (KSOC) user interface & remote monitoring platform.

Key Points: 
  • Knightscope Autonomous Security Robots (ASRs) & Emergency Communications Products to be Integrated with Draganfly Drones for Innovation in Public Safety.
  • Mountain View, California., March 13, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, and Knightscope, Inc. (NASDAQ: KSCP) a leading innovator in robotics and artificial intelligence (“AI”) technologies focused on public safety, are pleased to announce that Knightscope has selected Draganfly to jointly develop an autonomous security solution that combines Draganfly drones with Knightscope Autonomous Security Robots (ASRs), emergency communications devices & Knightscope Security Operations Center (KSOC) user interface & remote monitoring platform.
  • By integrating our cutting-edge autonomous security robots with Draganfly's innovative drone technology, we are setting a new standard for comprehensive, AI-driven security solutions,” William Santana Li, CEO of Knightscope, said.
  • "As we embark on this groundbreaking work with Knightscope, Draganfly stands at the forefront of helping advance security with autonomous drone technology,” said Cameron Chell, President, and CEO of Draganfly.

Draganfly Announces Closing of US$3.6 Million Underwritten Public Offering

Retrieved on: 
Monday, February 26, 2024

Each unit was sold at a public offering price of US$0.27, for gross proceeds of approximately US$3.6 million, before deducting underwriting discounts and offering expenses.

Key Points: 
  • Each unit was sold at a public offering price of US$0.27, for gross proceeds of approximately US$3.6 million, before deducting underwriting discounts and offering expenses.
  • The warrants have an exercise price of US$0.36 per share, were exercisable immediately and will expire five years following the date of issuance.
  • Maxim Group LLC acted as sole book-running manager for the Offering.
  • The Offering was made pursuant to an effective shelf registration statement on Form F-10, as amended, (File No.

Draganfly Announces Pricing of US$3.6 Million Underwritten Public Offering

Retrieved on: 
Thursday, February 22, 2024

Each unit was sold at a public offering price of US$0.27, for gross proceeds of approximately US$3.6 million, before deducting underwriting discounts and offering expenses.

Key Points: 
  • Each unit was sold at a public offering price of US$0.27, for gross proceeds of approximately US$3.6 million, before deducting underwriting discounts and offering expenses.
  • Maxim Group LLC is acting as sole book-running manager for the Offering.
  • The Offering is expected to close on or about February 26, 2024, subject to the satisfaction of customary closing conditions.
  • The Offering is being made pursuant to an effective shelf registration statement on Form F-10, as amended, (File No.

Draganfly Announces Proposed Public Offering of Common Shares & Warrants

Retrieved on: 
Wednesday, February 21, 2024

Saskatoon, SK., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), a drone solutions, and systems developer, today announced it has commenced an underwritten public offering in the United States (the “Offering”).

Key Points: 
  • Saskatoon, SK., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), a drone solutions, and systems developer, today announced it has commenced an underwritten public offering in the United States (the “Offering”).
  • The Offering consists of units of common shares (or pre-funded warrants in lieu thereof) and warrants to purchase common shares and is subject to market conditions.
  • Maxim Group LLC is acting as sole book-running manager for the Offering.
  • The public offering is subject to market conditions, and there can be no assurance as to whether or when the public offering may be completed, or the actual size or terms of the public offering.

Draganfly Selected as an Exclusive Partner of the Ulkatcho First Nation’s, Ulkatcho Group of Companies to provide UAV Solutions, Services, Training, Public Safety, and Emergency Response within the Ulkatcho First Nation

Retrieved on: 
Tuesday, February 13, 2024

"Draganfly is honored to engage in this forward-thinking partnership with the Ulkatcho Group of Companies,” said Cameron Chell, President and CEO of Draganfly.

Key Points: 
  • "Draganfly is honored to engage in this forward-thinking partnership with the Ulkatcho Group of Companies,” said Cameron Chell, President and CEO of Draganfly.
  • Our commitment extends beyond providing UAV services, including comprehensive training, enhancing Emergency Response mechanisms, and pioneering Wildfire Monitoring techniques.
  • "The partnership with Draganfly marks a transformative moment for the Ulkatcho Group of Companies.
  • The signing ceremony took place on February 8th at 3 PM PST at the Courtyard Marriott Hotel, in Prince George.

Draganfly’s Commander 3XL Awarded Best Enterprise Drone, Best Search and Rescue Drone and Best Delivery Drone at the Droning Awards.

Retrieved on: 
Wednesday, February 7, 2024

Saskatoon, SK., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, is honored to announce its Commander 3 XL Drone has been voted Best Enterprise Drone, Best Search and Rescue Drone and Best Delivery Drone at The Droning Company’s Annual Droning Awards.

Key Points: 
  • Saskatoon, SK., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, is honored to announce its Commander 3 XL Drone has been voted Best Enterprise Drone, Best Search and Rescue Drone and Best Delivery Drone at The Droning Company’s Annual Droning Awards .
  • Draganfly’s Commander 3 XL Drone is known as the “Swiss Army Knife of Drones” for its easy assembly and rapid deployment.
  • Draganfly Inc.'s Commander 3XL drone has received the Best Enterprise Drone award for the second year.
  • The drone was also named Best Search and Rescue Drone, reflecting its utility in emergency scenarios where it supports the location and assistance of individuals in need.

Draganfly Selected to Develop Tactical Multi-Drop Payload System by MMS Products

Retrieved on: 
Tuesday, January 30, 2024

Tampa, FL., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce that it has been selected by MMS Products, Inc. to develop a drone-based tactical multi-drop payload system.

Key Points: 
  • Tampa, FL., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce that it has been selected by MMS Products, Inc. to develop a drone-based tactical multi-drop payload system.
  • MMS Products equips military personnel with the best tools and solutions to enhance safety, effectiveness, and overall mission success.
  • This drone payload system is designed explicitly for tactical multi-drop and ISR operations.
  • “We are thrilled to develop this system for MMS and be their system provider of choice going forward in their rapidly expanding market.

Draganfly Engaged with AUVSI's Green UAS Program for Enhanced Cybersecurity Compliance, Aiming to Speed Up the Adoption of the Commander 3XL System by U.S. Federal and State Agencies

Retrieved on: 
Thursday, January 25, 2024

Washington, DC., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce it has enrolled the Commander 3XL platform in the Green UAS program, a new program administered by the Association for Uncrewed Vehicle Systems ("AUVSI").

Key Points: 
  • Drones that meet Green UAS compliance standards are eligible to move to the Blue UAS cleared list, qualifying them for U.S. Department of Defense acquisition.
  • Draganfly's engagement in the Green UAS program is geared towards fast-tracking the endorsement of the Commander 3XL platform among commercial entities and state and federal government agencies, including the Departments of Defense and Homeland Security.
  • The Association for Uncrewed Vehicle Systems International (AUVSI) manages the Green UAS program, collaborating with the Department of Defense and various state governments.
  • “Engaging in the Green UAS program allows us to underscore our system's advanced nature and high quality.