Draganfly Stock Price, News & Analysis

Draganfly Inc. (NASDAQ: DPRO) will present its company overview at the Aegis Capital Corp. conference on May 2nd at 11:25 AM EDT. The conference runs from May 2nd to May 4th, showcasing various industries and attracting over 400 attendees, including institutional representatives and financial advisors.

The President and CEO, Cameron Chell, expressed enthusiasm for sharing their 2022 accomplishments and 2023 strategies during this event. Draganfly, recognized for over 24 years in drone solutions, has made significant impacts in public safety, agriculture, industrial inspections, and mapping.

The virtual event can be accessed here.

Draganfly Inc. (NASDAQ: DPRO) has successfully completed its second delivery of situational awareness drones to DSNS Emergency Services Ukraine, enhancing emergency response and landmine mapping efforts. This initiative, facilitated by Firefighter Aid Ukraine, aims to leverage Draganfly's technology across regional offices to improve safety amidst ongoing conflicts. A demonstration and training of the drone's landmine detection capabilities are scheduled for late May, involving emergency response units and landmine clearing teams from across Ukraine. Company President Cameron Chell emphasized the critical role these drones play in ensuring the safety and efficiency of personnel in hazardous areas. The ongoing collaboration aims to effectively address the landmine crisis in Ukraine and support humanitarian operations.

Draganfly Inc. (NASDAQ: DPRO) has announced a partnership with AgileMesh, Inc. to incorporate its advanced UAV platform into AgileMesh's wireless surveillance product line. This collaboration aims to enhance communication capabilities for emergency responders, improving situational awareness and facilitating quicker responses during critical incidents. By integrating Draganfly's drone technology with AgileMesh's portable surveillance systems, emergency personnel will have better tools to monitor and manage incidents effectively. The technology will be applicable in various fields including law enforcement, fire-EMS, and homeland security.

Draganfly Inc. (NASDAQ: DPRO) has been selected by CODAN Communications (ASX:CDA) to integrate its UAV platform with CODAN's advanced communications technology. This partnership aims to deliver comprehensive solutions for clients in various sectors, including military, humanitarian, and public safety, across over 150 countries.

Cameron Chell, President and CEO of Draganfly, highlighted the significance of this collaboration, recognizing CODAN as a global leader in communication technology. Draganfly, with 24 years of industry experience, is known for its innovative drone solutions that improve safety and productivity.

This partnership marks a critical milestone for Draganfly, leveraging both companies’ strengths to provide cutting-edge solutions in challenging environments.

Aegis Capital Corp. acted as the Sole Bookrunner for a $8 Million Underwritten Public Offering for Draganfly Inc. (NASDAQ:DPRO) on April 3, 2023. Draganfly specializes in manufacturing and selling commercial unmanned aerial vehicles, offering products such as quadcopters and fixed-wing aircraft. The company serves various sectors including public safety, agriculture, and industrial inspections. The funds raised will likely be utilized for growth initiatives and expanding their market reach. Investors should monitor the impact of this offering on share dilution and overall stock performance.

Draganfly Inc. (NASDAQ: DPRO) has successfully completed a public offering, raising US$8.0 million through the sale of 8,000,000 common shares at a price of US$1.00 per share. The proceeds will be allocated for general corporate purposes, including funding new product development, growth initiatives, and working capital requirements. The offering was managed by Aegis Capital Corp. and executed under an effective shelf registration statement with the SEC. Draganfly specializes in drone solutions, software, and AI systems.