Draganfly Receives Purchase Order for its Commander 3XL and Draganfly Flex FPV Drones for deployment within the U.S. Department of Defense
Rhea-AI Summary
Draganfly Inc. (NASDAQ: DPRO) has received a purchase order from Virtual Reality Rehab Inc. (VRR) for its Commander 3XL and Flex FPV Drones to be deployed within the U.S. Department of Defense. The Commander 3XL will be used to carry and deploy swarms of Draganfly Flex FPV Drones using VRR's Holowarrior platform. This collaboration integrates VRR's advanced software, HellHive functionality, and swarming technology with Draganfly's drones.
The modular design and payload capacity of the Commander 3XL make it ideal for remote deployment of FPV Drone Swarms. The Flex FPV drone's adaptability and performance, including a payload capacity of up to 6 lbs, allow for various mission-specific attachments. The integration aims to address evolving operational requirements of modern warfighters, enabling interoperability between multiple vehicle types and systems like ATAK and Nett Warrior.
Positive
- Received purchase order for Commander 3XL and Flex FPV Drones from U.S. Department of Defense
- Collaboration with VRR integrates advanced software and swarming technology
- Commander 3XL's modular design suitable for remote deployment of FPV Drone Swarms
- Flex FPV drone offers 6 lbs payload capacity and versatile mounting options
- Integration addresses evolving operational requirements for modern warfighters
Negative
- None.
Insights
The purchase order for Draganfly's drones by the U.S. Department of Defense signifies a significant advancement in military drone technology. The integration of the Commander 3XL as a carrier for Flex FPV drone swarms represents a leap in tactical capabilities. This system allows for rapid deployment of multiple drones, potentially revolutionizing reconnaissance and combat operations.
The collaboration with VRR to incorporate advanced software and swarming technology enhances the strategic value of Draganfly's offerings. The ability to integrate with existing military systems like ATAK and Nett Warrior suggests a seamless adoption into current military infrastructure. The AI-powered self-parking mode for air recovery of drone swarms is particularly innovative, potentially reducing operational risks and improving efficiency in the field.
While this order demonstrates Draganfly's growing presence in the defense sector, investors should consider the long-term implications of increased military contracts on the company's public image and potential civilian market opportunities.
This purchase order marks a significant milestone for Draganfly in penetrating the lucrative defense market. While the exact value of the order isn't disclosed, contracts with the U.S. Department of Defense often lead to long-term, high-value relationships. This could potentially translate into substantial revenue growth for Draganfly in the coming years.
The company's ability to integrate its technology with VRR's advanced systems demonstrates its competitive edge in the drone industry. This collaboration could open doors to additional government contracts and partnerships, diversifying Draganfly's revenue streams.
Investors should monitor how this contract affects Draganfly's financial performance in upcoming quarters. Key metrics to watch include revenue growth, profit margins and any changes in the company's order backlog. While this news is positive, it's important to assess its long-term impact on Draganfly's market position and financial health.
Draganfly's integration of VRR's Holowarrior platform and swarming technology into its drones represents a significant leap in drone capabilities. The ability to deploy and control swarms of FPV drones from a larger carrier drone like the Commander 3XL is a game-changing innovation in the field.
The modular design of the Commander 3XL and the adaptability of the Flex FPV drones showcase Draganfly's commitment to versatile, mission-specific solutions. The incorporation of AI for self-parking and air recovery of drone swarms is particularly noteworthy, as it addresses critical operational challenges in drone management.
This technological advancement positions Draganfly at the forefront of drone innovation, not just in military applications but potentially in civilian sectors as well. The company's ability to rapidly integrate new technologies and adapt to evolving operational requirements demonstrates its strong R&D capabilities, which could drive long-term growth and market leadership.
Commander 3XL to be used to carry and deploy swarms of Draganfly Flex FPV Drones.
Saskatoon, Sask, Sept. 05, 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, announces that it has received a purchase order from Virtual Reality Rehab Inc. (VRR) acting as the prime contractor for Commander 3XL and Flex FPV Drones to be deployed within the U.S. DOD for various mission types. VRR performs a variety of US government Projects in fields such as: virtual reality training systems, augmented reality operations systems, small Unmanned Aircraft Systems, and human-robotics interfaces.
The Commander 3XL will carry and transport swarms of Draganfly Flex FPV Drones using VRR’s Holowarrior platform, an interoperable augmented reality threat assessment and mitigation platform that is deployable among a variety of autonomous amphibious, ground and aerial vehicles. VRR and Draganfly have collaborated to integrate VRR’s advanced software and HellHive functionality on Draganfly’s drones. The collaboration also includes the integration of VRR’s swarming technology on various Draganfly platforms, including the recently released Flex FPV System.
The modular design and robust payload capacity of the Commander 3XL drone position it as an ideal solution for the remote deployment of FPV Drone Swarms. The adaptability and performance of Draganfly’s Flex FPV drone, including payload a capacity of up to 6 lbs and a variety of mounting points, allows for the attachment of a variety of payloads to satisfy mission requirements. Draganfly and VRR have been supporting the integration of VRR’s swarming technology with Draganfly’s technology stack to address the evolving operational requirements of the modern warfighter, allowing interoperability between multiple vehicle types and with systems such as ATAK and Nett Warrior. As well as integrating AI for self-parking mode enabling motherships (Commander 3XL’s) while in-flight to air-recover swarms of small drones.
“We are excited to have been selected and received the initial order as a next step toward the scalable deployment with the incredible capability brought forth by this comprehensive system. This is truly where Draganfly shines, integrating its full line of drones, experience, and technology stack into systems with commercial and military partners that provide exceptional capabilities in time frames and at costs that few others can,” said Cameron Chell, CEO of Draganfly.
About Draganfly
Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8A) is the creator of quality, cutting-edge drone solutions, software, and AI systems that revolutionize how organizations can do business and serve their stakeholders. Recognized as being at the forefront of technology for over 24 years, Draganfly is an award-winning industry leader serving the public safety, agriculture, industrial inspections, security, mapping, and surveying markets. Draganfly is a company driven by passion, ingenuity, and the need to provide efficient solutions and first-class services to its customers around the world with the goal of saving time, money, and lives.
For more information on Draganfly, please visit us at www.draganfly.com. For additional investor information, visit:
Media Contact Email: media@draganfly.com
Company Contact Email: info@draganfly.com
About VRR
VRR Researches and Develops Disruptive Technologies towards enhancing our Warfighters’ Lethality and Survivability. Focus areas included:
- Swarm Warfare (Offensive & Defensive),
- BatMode modules that enable Persistent ISR and New Classes of Loitering Munitions with 10X duration increases exploiting existing drones, on existing batteries, on a single charge.
- “Making Invisible Threats Visible” via Mixed/Augmented/Virtual Realities for Manned and Unmanned Vehicle, and MUM-T
- Enhancing Situational Awareness for Faster (3X to 5X Faster), and Better (
99.04% accuracy) Decision Making while Simultaneously Reducing Cognitive Workload.
Please see https://www.virtualrealityrehab.com/ and https://fusedrealitiesinc.com/ for more information.
Forward-Looking Statements
This release contains certain “forward looking statements” and certain “forward-looking information” as defined under applicable securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements include, but are not limited to, statements with respect to the statement that the C3XL is the ideal solution for the remote deployment of FPV Drone Swarms and that Draganfly’s technology stack can address the evolving operational requirements of the modern warfighter, allowing interoperability between multiple vehicle types and with systems such as ATAK and Nett Warrior Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company’s actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out here in, including but not limited to: the potential impact of epidemics, pandemics or other public health crises, including the COVID-19 pandemic, on the Company’s business, operations and financial condition; the successful integration of technology; the inherent risks involved in the general securities markets; uncertainties relating to the availability and costs of financing needed in the future; the inherent uncertainty of cost estimates; the potential for unexpected costs and expenses, currency fluctuations; regulatory restrictions; and liability, competition, loss of key employees and other related risks and uncertainties disclosed under the heading “Risk Factors“ in the Company’s most recent filings filed with securities regulators in Canada on the SEDAR website at www.sedar.com and with the United States Securities and Exchange Commission (the “SEC”) on EDGAR through the SEC’s website at www.sec.gov. The Company undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents managements’ best judgment based on information currently available. No forward-looking statement can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.
FAQ
What drones has Draganfly (DPRO) received a purchase order for from the U.S. Department of Defense?
How will the Commander 3XL drone be used in the U.S. Department of Defense deployment?
What is the payload capacity of Draganfly's (DPRO) Flex FPV drone?
What technologies are being integrated into Draganfly's (DPRO) drones for the U.S. Department of Defense?
