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Draganfly Inc - DPRO STOCK NEWS

Welcome to our dedicated news page for Draganfly (Ticker: DPRO), a resource for investors and traders seeking the latest updates and insights on Draganfly.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Draganfly's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Draganfly's position in the market.

Rhea-AI Summary
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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Rhea-AI Summary
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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Rhea-AI Summary
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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2.7%
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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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3.69%
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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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8.64%
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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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Rhea-AI Sentiment
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1.83%
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Rhea-AI Summary
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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Draganfly Inc. initiates a public offering in the United States to fund new product development and growth initiatives. The Offering includes common shares and warrants, managed by Maxim Group LLC, and is subject to market conditions and regulatory approvals.
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Draganfly Inc. (DPRO) partners with Ulkatcho Group of Companies to expand UAV solutions in Canada, offering services for Mapping, Wildlife Management, and Emergency Response.
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Draganfly Inc

Nasdaq:DPRO

DPRO Rankings

DPRO Stock Data

15.57M
44.50M
1.87%
9.09%
2.47%
Aircraft Manufacturing
Manufacturing
Link
Canada
Saskatoon

About DPRO

draganfly innovations inc. is the world leader in suas systems. we create machines that make a difference in the world. from flying outings in the park with our hobby line products to protecting emergency service personnel in dangerous situations via our high end, industrial platforms, we are constantly working towards delivering the best possible machines for our customers.