Draganfly Stock Price, News & Analysis

Draganfly Inc. (NASDAQ: DPRO) announced its commitment to provide five specialized Medical Response Drones to Revived Soldiers Ukraine (RSU), funded by DroneAid: Ukraine. These drones are designed for delivering temperature-sensitive medical supplies to inaccessible areas in Ukraine amid urgent humanitarian needs. The order builds on a prior request involving up to 200 drone units. CEO Cameron Chell emphasized the critical role of these drones in supporting humanitarian efforts. The initiative aims to alleviate the ongoing crisis in Ukraine by enhancing the efficiency of medical aid delivery.

Draganfly has successfully deployed its first Medical Response Drone to Revived Soldiers Ukraine. This drone is designed to deliver up to 35 pounds of temperature-sensitive medical supplies, including vaccines and pharmaceuticals. The deployment, completed on May 1, 2022, included training for RSU's drone operators via virtual sessions. CEO Cameron Chell emphasized the drone's role in facilitating timely medical aid during the ongoing crisis in Ukraine. Additionally, Draganfly has received an order for 10 more drones for immediate deployment.

Draganfly Inc. (NASDAQ: DPRO) has successfully deployed its Smart Vital Kiosks in Perry County, Alabama, through the Perry County School District. These kiosks enable health screenings, including temperature, blood pressure, and oxygen saturation, enhancing privacy while capturing anonymous data. This initiative aligns with the U.S. Department of Education's focus on prioritizing health and safety in schools post-COVID-19. Draganfly's platform aims to improve health security for students and staff, reinforcing the commitment to a safe learning environment.

Kin Communications has partnered with NuGen Medical Devices to raise funds for insulin delivery to Ukrainian diabetics affected by ongoing conflict. The initiative aims to address the urgent need for insulin, particularly for Type 1 diabetics in high-conflict areas. The fundraising target is $250,000, with a broader goal of $5 million to support those in need. NuGen will donate insulin delivery systems, and the partnership includes Draganfly and Coldchain Technology Services to ensure effective distribution using medical response drones.

Draganfly Inc. (NASDAQ: DPRO) will attend the Seatrade Cruise Global 2022 at booth #3800, alongside Lufthansa Industry Solutions, from April 25-28, 2022, in Miami Beach, Florida. The conference will showcase advancements in cruise technology, design, and services. Draganfly's AI Vital Intelligence platform will be highlighted for enhancing health security for cruise lines. The Smart Vital system can screen health metrics quickly while ensuring privacy. As the cruise industry rebounds, Draganfly aims to provide solutions that support health protocols, contributing to resumed operations.

Draganfly (NASDAQ: DPRO) announced that Paul Mullen will participate in the inaugural Law-Tech Connect™ Workshop on April 25, 2022, at the Orange County Convention Center in Orlando, Florida, co-located with AUVSI XPONENTIAL 2022. This workshop focuses on legal, regulatory, and policy aspects of unmanned aircraft systems and advanced air mobility. It offers accredited Continuing Legal Education (CLE) credits. Draganfly is a gold sponsor, showcasing its commitment to advancing drone technology and industry knowledge.

Draganfly reported a strong financial performance for the fourth quarter and the full year 2021, with total revenues of $7.05 million, a 61.7% increase from 2020. The growth was driven by a 65.3% rise in product sales and a 107% increase in drone services. Despite a comprehensive loss of $16.40 million, this reflects significant non-cash adjustments. The company significantly improved its cash balance to $23.08 million and reported a gross margin of 37.5%. Additionally, Draganfly continues to expand its product lines and partnerships in the drone industry, notably in health monitoring and drone education.

Draganfly Inc. (NASDAQ: DPRO) will hold a virtual shareholder update on March 31, 2022, at 3 p.m. PDT. CEO Cameron Chell and CFO Paul Sun will discuss the company's milestones and financial results for FY 2021 and Q4 2021, which will be released after market hours the same day. The call will also feature a Q&A session, addressing pre-submitted and live questions from investors. As a leader in drone solutions and AI systems, Draganfly has been serving various industries for over 20 years, focusing on providing efficient solutions and services.

Draganfly Inc. (NASDAQ: DPRO) announced that CEO Cameron Chell will appear on CTV Your Morning to discuss the company's recent order of Medical Response and Search and Rescue Drones from Coldchain Delivery Systems. This order includes 10 drones for immediate deployment to Revived Soldiers Ukraine (RSU), with a potential total order of up to 200 units. Draganfly will also donate three drone systems to RSU. The segment airs on March 28, 2022, highlighting the humanitarian aid efforts in Ukraine amid ongoing conflict.