Draganfly Stock Price, News & Analysis

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.

Draganfly (NASDAQ: DPRO) has established a Public Safety Advisory Board and appointed Paul Goldenberg as its inaugural Chair. Goldenberg, a renowned global public safety expert and Homeland Security advisor with over 30 years of experience, brings extensive expertise in law enforcement, global security, and national intelligence.

As the former senior member of the U.S. Department of Homeland Security Advisory Council (HSAC), Goldenberg led key initiatives including the DHS Cybersecurity Task Force and Countering Foreign Influence Task Force. He currently serves at Rutgers University Miller Center on Policing and the University of Ottawa, while also being a member of the National Sheriffs' Association Southern Border Security Committee.

The new advisory board reinforces Draganfly's commitment to delivering AI-powered drone technologies for law enforcement and public safety agencies worldwide, focusing on improving situational awareness and operational efficiency.

Draganfly (NASDAQ: DPRO) has secured a multi-year agreement as the preferred unmanned aerial systems (UAS) and aerial survey provider for SafeLane Global, a specialist in explosive threat mitigation. The partnership includes their first Ukraine landmine aerial survey contract.

SafeLane, one of only two private organizations licensed by the Ukrainian Ministry of Defense for landmine clearance, operates across 60+ countries with 30 years of experience in clearing landmines, unexploded ordnance (UXO), and explosive remnants of war (ERW).

Under the agreement, Draganfly will provide advanced drone solutions, specialized sensors, and data analysis services. The companies will collaborate on developing intellectual property and procedures for aerial mine detection, with SafeLane leading operational deployment while Draganfly handles technology and survey analysis.

The partnership addresses a critical global issue, as the Landmine Monitor 2023 reports over 60 million landmines remain buried across 60+ countries, with Ukraine currently among the most mine-contaminated regions.

Draganfly (NASDAQ: DPRO) has been selected as the primary UAS provider by Balko Technologies, a company specializing in LiDAR payloads and post-processing software. The partnership involves the integration of Balko's LiDAR products with Draganfly's Commander 3XL and Apex UAS platforms.

Under the agreement, Balko becomes an official distributor of Draganfly's products in North America, focusing on industrial, energy, and environmental monitoring applications. Multiple purchase orders have been received for the Commander 3XL paired with Balko's Connectiv LiDAR sensor, with one delivery completed in Q1.

Draganfly Inc. (NASDAQ: DPRO) has reported its Q4 and fiscal 2024 results, showing mixed performance. Q4 revenue increased 76% year-over-year to $1.61M, while annual revenue saw a minimal 0.1% increase to $6.56M. The company's gross profit decreased 32.3% to $1.39M, with margins declining from 31.5% to 21.3% in 2024.

The company recorded a comprehensive loss of $14.06M in 2024, an improvement from $23.71M in 2023. Cash position stood at $6.25M as of December 31, 2024. Notable Q4 developments include completing first proof-of-concept flights for Mass General Brigham's drone delivery project and closing a $3.76M registered direct offering.

Draganfly (NASDAQ: DPRO) has scheduled a important shareholder update call for March 27, 2025, at 5:30 PM EST. The call will feature two key presentations:

1. CEO Cameron Chell will discuss:

• Company's 2024 milestones
• Strategic initiatives
• 2025 outlook

2. CFO Paul Sun will present:

• Q4 2024 financial results
• Full-year 2024 performance review

The financial results will be released after market close on March 27th. Shareholders can participate by registering online and are encouraged to submit questions in advance to investor.relations@draganfly.com.

Draganfly Inc (NASDAQ: DPRO) has announced the appointment of Christopher C. Miller, former Acting U.S. Secretary of Defense under President Trump, to its Board of Directors. Miller brings extensive experience in defense and intelligence to guide Draganfly's strategic initiatives in government, defense, and aerospace sectors.

Miller previously held senior positions at the National Security Council and Special Operations Command, where he was instrumental in developing U.S. counterterrorism strategies. His appointment aims to strengthen Draganfly's position in providing American-made drone technology for defense, law enforcement, and public safety applications.

CEO Cameron Chell emphasized that Miller's expertise will be important as Draganfly expands its role in government and security operations. Miller expressed enthusiasm about joining the company, highlighting the growing demand for secure, American-made drone solutions in supporting national security and defense initiatives.