Draganfly (DPRO) Stock News

Draganfly (NASDAQ: DPRO), a drone solutions developer, has announced a US$25.0 million registered direct offering with institutional investors. The offering consists of 4,672,895 units priced at US$5.35 per unit, with each unit comprising one common share and one warrant.

The warrants are exercisable immediately at CA$7.3579 per share and will expire in five years. Maxim Group LLC serves as the sole placement agent. The offering, expected to close around July 21, 2025, will be made in the United States only under an effective shelf registration. The proceeds will fund new product development, working capital requirements, potential acquisitions, and general corporate purposes.

Draganfly (NASDAQ: DPRO) announced that its Commander3 XL (C3XL) UAV platform has been selected by a major branch of the U.S. Department of Defense for advanced operation initiatives. The procurement was facilitated through a prime contractor, with Draganfly working directly with military stakeholders to customize the platform.

The Commander3 XL, known as the 'Swiss Army Knife' of drones, will be deployed for intelligence, surveillance, and reconnaissance (ISR) missions. The platform is recognized for its robust flight performance, modular payload options, and mission-specific adaptability, making it suitable for complex defense, security, and emergency response operations.

Draganfly's Commander 3XL drone, integrated with TB2 Aerospace's Drone Recharging Operational Payload System (DROPS), achieved a 100% success rate during the U.S. Army's Sustainment Modernization Experiment 2025 (SMEX25). The system demonstrated autonomous capabilities in deploying, recovering, and recharging tactical resupply pods during week-long field exercises. The DROPS system showcased platform agnosticism and seamless integration with Draganfly's Commander 3XL platform. The successful demonstration validates the system's potential for military tactical resupply and contested logistics operations. The Draganfly Commander 3XL is now 'DROPS Enabled', while the Draganfly Apex and Heavy Lift models are in the process of integration.

Draganfly Inc. (NASDAQ: DPRO) has successfully closed its public offering of 5,500,000 units at US$2.50 per unit, raising gross proceeds of US$13.75 million. Each unit comprises one common share and one warrant, with warrants exercisable immediately at CA$5.0768 (US$3.71) per share and expiring in five years. Maxim Group LLC served as the sole placement agent. The company plans to use the proceeds for general corporate purposes, including funding new product demand, working capital, potential acquisitions, and R&D initiatives. The offering was conducted through an effective shelf registration and was only available to U.S. investors, with no securities offered to Canadian purchasers.

Canada has announced an $80 billion defense modernization package, with Draganfly (DPRO) positioned to benefit from the increased focus on drone technology and domestic manufacturing. The company has successfully integrated Department of National Defence (DND)-specified radio communications systems into its drone platforms, enhancing its eligibility for upcoming federal UAS procurements. Approximately 20% of the $80B investment is expected to be allocated to next-generation battlefield technologies, with drones taking a significant portion. Draganfly's domestic manufacturing capabilities, existing military customer base, and compliance with Industrial and Technological Benefits (ITB) policy make it well-positioned to capitalize on upcoming RFIs and RFPs expected in late 2025, with potential contract awards by Q1 2026.

Draganfly Inc. (NASDAQ: DPRO) has announced the pricing of a public offering to raise US$13.75 million. The offering consists of 5,500,000 units priced at US$2.50 per unit, with each unit including one common share and one warrant. The warrants have an exercise price of CA$5.0768 (US$3.71) per share, are immediately exercisable, and will expire in five years. Maxim Group LLC is serving as the sole placement agent. The company plans to use the proceeds for general corporate purposes, including funding new product demand, working capital, potential acquisitions, and R&D initiatives. The offering is expected to close around June 12, 2025, subject to customary conditions and regulatory approvals. The securities will be offered exclusively in the United States under an effective shelf registration.

Draganfly (NASDAQ: DPRO) has been selected by the Cochise County Sheriff's Department to implement a drone pilot program for enhanced border surveillance operations. The initiative aligns with President Trump's executive order 'Unleashing American Drone Dominance' aimed at strengthening America's unmanned aerial systems capabilities. The department will deploy Draganfly's drone family for extended border surveillance, quick-response missions, and nighttime operations. The drones feature multi-mission capabilities, TAK network compatibility, and can integrate with existing hardware and software solutions. The Cochise County Sheriff's Department has previously implemented various technological solutions including high-resolution camera networks and ground surveillance radar systems, earning recognition from President Trump and Vice President JD Vance.

Draganfly announced that Maxim Group LLC has partially exercised their over-allotment option to purchase an additional 100,000 common shares at US$2.09 per share, generating US$209,000 in gross proceeds. This follows the company's US$3.6 million underwritten public offering that closed on May 5, 2025. The net proceeds will be used for general corporate purposes, including funding capabilities for new products, growth initiatives, working capital, core product development and marketing, potential acquisitions, and R&D. The offering was made through an effective shelf registration and was only available to U.S. investors, with no securities offered to Canadian purchasers.

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.