Welcome to our dedicated page for Draganfly news (Ticker: DPRO), a resource for investors and traders seeking the latest updates and insights on Draganfly stock.
Draganfly Inc. develops drone solutions, unmanned aerial vehicle systems and related software for defense, public safety, civil, agriculture, industrial inspection, security, mapping and surveying markets. News about DPRO commonly covers product and platform activity across Flex FPV, Commander 3XL, Apex, Heavy Lift and Outrider systems, including selections, deployments, distribution arrangements and technology integrations.
Recurring updates also include quarterly financial results, shareholder update calls, balance-sheet commentary and corporate strategy. Company announcements frequently connect Draganfly's UAV portfolio with defense procurement, autonomous systems, swarming software, payload options and enterprise or government customer channels in Canada, the United States and other markets.
Draganfly Inc. (OTCQB: DFLYF) announced plans for a share consolidation, adjusting the ratio to one new Common Share for every five existing shares. This consolidation will take effect on July 29, 2021, reducing the total shares from approximately 135 million to about 27 million. The company also aims to list its shares on The Nasdaq under the new symbol 'DPRO' and has initiated a name change for its shares on the Canadian Securities Exchange. Shareholders will receive communication regarding their new shares, and no fractional shares will be issued.