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. (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), 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.
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.