Draganfly Stock Price, News & Analysis

Draganfly Inc. (DPRO) participated in the Global Drone Innovation and Defense Coalition Summit in Riga, Latvia on May 29, 2025. The summit, co-hosted by Latvian and UK Ministries of Defense, gathered over 1,500 participants from 28 countries and marked the expansion of the Drone Coalition from 17 to 20 member states, with €4 billion in collective investment for drone capabilities. Draganfly showcased multiple tactical drone platforms including The Commander 3XL, The APEX, and the modular Flex FPV system. The company distinguished itself as the only provider demonstrating a fully modular FPV platform and offering multiple field-proven tactical deployment systems. The company engaged with academic and research institutions for potential collaborations in military drone advancement and demining technologies, and has been invited to return to Riga in August 2025 for the upcoming Security Conference.

Draganfly Inc. (DPRO) has delivered its first Flex FPV (First Person View) systems to a major U.S. military prime defense contractor supporting allied forces' land operations. The Flex FPV system features a modular core architecture allowing quick arm and propeller changes without special tools, supporting various missions from reconnaissance to tactical payload delivery. The system can reach speeds over 149 km/h, supports autonomous waypoint missions, and can carry payloads up to 10 lbs via picatinny rail or custom mounts. Developed from frontline experience in Ukraine and launched in 2024, the Flex FPV has undergone extensive testing by defense partners. The order includes core units and modular components tailored to end-user requirements, reflecting growing demand for North American-developed UAS platforms in defense and public safety sectors.

Draganfly Inc. (NASDAQ: DPRO) has appointed Peter Lambrinakos to its Public Safety Advisory Board. Lambrinakos, a recipient of the Officer of the Order of Merit of the Police Forces (O.O.M.), brings over 30 years of expertise in public safety, national security, and critical infrastructure protection.

Lambrinakos previously served as Chief of Police and Chief of Corporate Security at VIA Rail Canada, where he established Canada's first dedicated intercity rail police service. He also held executive roles with the Montreal Police Service (SPVM), leading divisions including Major Crimes and Crisis Response. Currently, he serves as a Commission Member with the Military Police Complaints Commission of Canada and is the Distinguished Fellow at the University of Ottawa's Professional Development Institute.

The appointment comes as demand increases for domestically developed, secure drone technologies that meet national security standards. Draganfly, being Canadian-founded, aims to strengthen its position in providing secure drone solutions for public safety agencies and national security stakeholders.

Draganfly (NASDAQ: DPRO) reported its Q1 2025 financial results, showing a 16% year-over-year revenue increase to $1.54 million. Product sales grew 24.5% compared to Q1 2024. Gross profit rose 10.7% to $310,088, though gross margin slightly decreased to 20.0% from 21.1%. The company reported a comprehensive loss of $3.43 million. Key operational highlights include partnerships with Volatus Aerospace for LiDAR integration, FAA waiver approval for drone operations over people, a new U.S. facility in Tampa, and the appointment of former Acting U.S. Secretary of Defense Christopher C. Miller to the Board. Cash position decreased to $2.12 million from $6.25 million in December 2024.

Draganfly (NASDAQ: DPRO), a leading drone solutions developer, has scheduled a shareholder update call for May 8, 2025, at 5:30 p.m. EST. The call will feature CEO Cameron Chell discussing Q1 2025 milestones and CFO Paul Sun presenting the company's first-quarter financial results, which will be released after market close on the same day. Investors can submit questions in advance to investor.relations@draganfly.com.

Draganfly (NASDAQ: DPRO) has successfully closed its previously announced underwritten public offering, raising US$3.6 million in gross proceeds. The offering consisted of 1,715,000 units priced at US$2.10 per unit, with each unit comprising one common share and one warrant. The warrants have an exercise price of CA$3.9779 (US$2.875), are immediately exercisable, and will expire in five years.

Maxim Group LLC served as the sole book-running manager and partially exercised its 45-day over-allotment option to purchase an additional 100,000 warrants. The company plans to use the net proceeds for general corporate purposes, including funding capabilities for new products, growth initiatives, working capital, potential acquisitions, and R&D.

Draganfly (NASDAQ: DPRO) has announced the pricing of its underwritten public offering of 1,715,000 units at US$2.10 per unit, aiming to raise approximately US$3.6 million in gross proceeds. Each unit consists of one common share and one warrant, with warrants exercisable immediately at CA$3.9779 (US$2.875) and expiring in five years.

The company granted the underwriter, Maxim Group LLC, a 45-day over-allotment option for an additional 15% of shares/warrants. Draganfly plans to use the proceeds for general corporate purposes, including funding new product demands, working capital requirements, potential acquisitions, and R&D. The offering is expected to close around May 5, 2025, subject to regulatory approvals.

Draganfly (NASDAQ: DPRO) has announced the commencement of an underwritten public offering of units consisting of common shares and warrants to purchase common shares in the United States. Maxim Group LLC will serve as the sole book-running manager for the offering. The company plans to use the proceeds for general corporate purposes, including funding new product demand, working capital requirements, potential acquisitions, and R&D initiatives.

The offering will be conducted under an effective shelf registration and is subject to market conditions and regulatory approvals from the Canadian Securities Exchange and Nasdaq. The securities will be offered exclusively in the United States, with no sales to Canadian purchasers. The final terms of the offering will be disclosed in a final prospectus supplement.

Draganfly (NASDAQ: DPRO) has announced a strategic teaming agreement with Autonome Labs to develop an integrated aerial demining solution. The collaboration combines Draganfly's Heavy Lift drone platform with Autonome's M.A.G.I.C. (Mine and Ground Inert Clearance) mesh-based demining system. This integration enables safe and efficient deployment of demining mesh that detonates and neutralizes landmines across hazardous terrain.

The solution aims to reduce risks for human demining teams while accelerating the restoration of usable land. Initial integration and testing will commence in 2025, followed by pilot programs in post-conflict regions later in the year.