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 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.
Draganfly (NASDAQ: DPRO) has successfully completed a medical supply delivery demonstration project for the Massachusetts Department of Transportation (MassDOT) Aeronautics Division. The demonstration, conducted between August and October 2024, simulated the delivery of medical supplies for home-based healthcare support.
Draganfly was one of three companies selected for this innovative pilot project, which aims to explore drone technology for healthcare and emergency management applications. Transportation Secretary Monica Tibbits-Nutt highlighted that drones have already proven valuable for various operations, including MBTA track corridor inspections, highway bridge inspections, and overhead project evaluations.
Draganfly Inc. (NASDAQ: DPRO) has announced the opening of a new strategic facility in Tampa, Florida. The facility includes a demonstration and live fire testing center, strategically located near key military and government clients. This expansion is part of Draganfly's long-term strategy to grow its government business, responding to increasing demand from defense, law enforcement, and industrial sectors.
The company will maintain and continue investing in its North American manufacturing facilities while using the Tampa location as a critical hub for product demonstrations and testing. CEO Cameron Chell emphasized that this expansion reinforces Draganfly's 20-year commitment to providing innovative drone solutions and strengthens its position as a trusted domestic manufacturer in the drone technology landscape.
Volatus Aerospace and Draganfly (NASDAQ: DPRO) have announced an expanded strategic collaboration focused on automating and digitizing geospatial data collection for utility infrastructure. This partnership builds upon their previous agreement, combining Volatus' operational expertise in power utility inspections and right of way management with Draganfly's advanced product and engineering capabilities.
The collaboration aims to serve high-profile global power and infrastructure providers by offering comprehensive end-to-end solutions. According to MarketsandMarkets, the global utility asset management market is projected to reach USD 4.09 billion by 2026, driven by grid modernization investments and the need for efficient power supply systems.
Glen Lynch, Volatus Aerospace CEO, emphasized that strategic collaborations are important for meeting diverse client needs without adding commercial risk. Cameron Chell, Draganfly CEO, highlighted how the partnership will integrate their interoperable drone platform into complete power utility solutions.
Draganfly Inc. (NASDAQ: DPRO) has announced that CEO Cameron Chell will present at the Centurion One Capital 8th Annual Growth Conference on March 6, 2025, at 3:45 PM ET. The conference will be held at the Four Seasons Hotel in Toronto from March 3-6, 2025.
In addition to his presentation, Chell will attend investor meetings and participate in discussions about drone technology's evolving landscape and industry impact. Chell expressed excitement about sharing Draganfly's latest advancements and strategic vision, highlighting the increasing adoption of drone technology across emergency response, agriculture, and logistics sectors.
The conference will feature presentations, panel discussions, and one-on-one investor meetings from 8:00 AM to 5:00 PM EDT. Interested parties can find more information and registration details on the Centurion One Capital website.
Draganfly Inc. (NASDAQ: DPRO) has confirmed its strategic positioning to support border security enhancement through recent sales activities with policing agencies. The company's focus is particularly on Northern (Canada) border security amid global trade and security uncertainties.
The company's product portfolio includes drones equipped with high-resolution, electro-optical/infra-red and low-light sensors with real-time data processing capabilities, available in multiple tactical communication and control configurations. These systems are designed for multi-mission capabilities in challenging environments.
With an emphasis on North American-made innovation, Draganfly aims to support government agencies and border authorities in maintaining national security and economic stability through advanced drone technology solutions.
Draganfly Inc. (NASDAQ: DPRO) has secured a significant Federal Aviation Administration (FAA) waiver allowing its drones to operate over people and moving vehicles in Boston. The waiver, granted under 14 CFR §§ 107.39 and 107.145, permits operations beyond standard FAA Part 107 regulations along a prescribed flight route in Boston's urban environment.
The approval enables two key operations: flights over non-participating individuals and operations over moving traffic, important for urban deployment scenarios. This regulatory achievement positions Draganfly to expand its drone operations in complex urban settings for applications including public safety, infrastructure inspection, and specialized mission support.
The company's systems feature advanced airspace management capabilities and precision controls to maintain compliance with FAA safety standards. This milestone reinforces Draganfly's status as an innovator in the UAV industry and demonstrates its readiness to meet evolving defense, government, and commercial partner needs.
Draganfly (NASDAQ: DPRO) has announced a strategic collaboration with Volatus Aerospace to integrate Volatus' Bathymetric LiDAR technology with Draganfly's Heavy Lift Drone for oil and gas exploration. The partnership aims to enhance precision data acquisition in energy markets.
The collaboration includes Volatus becoming an OEM approved dealer for Draganfly's UAV platforms, including the Heavy Lift Drone, Commander 3XL, and Apex Drones. The integrated system will be showcased through pilot projects and demonstrations, targeting the global offshore oil and gas exploration market, which is projected to reach over $104 billion by 2030.
The partnership focuses on delivering drone-enabled solutions that improve operational efficiencies while reducing costs for energy sector clients, combining Draganfly's expertise in drone technology with Volatus' advanced sensor capabilities.
Draganfly Inc. (NASDAQ: DPRO) has successfully completed initial proof-of-concept flights for a drone delivery research project with Mass General Brigham (MGB) Home Hospital. The project's first phase, focused on the greater Boston area, involved route mapping and test flights within hospital infrastructure to evaluate how drone deliveries could improve access to medical supplies and laboratory samples.
The initiative aims to address healthcare logistics challenges by reducing delays caused by traffic congestion and outdated delivery methods. While these initial test flights did not contribute to care delivery, they represent a significant step toward developing more efficient healthcare delivery systems. Draganfly also showcased its medical delivery technologies at the World Medical Innovation Forum in Boston.
Draganfly has closed a registered direct offering of 1,600,000 units at US$2.35 per unit, raising gross proceeds of US$3.76 million. Each unit consists of one common share (or pre-funded warrant) and one warrant to purchase one common share. The warrants have an exercise price of CA$3.3086 (US$2.35), exercisable immediately with a five-year expiration. Additionally, the company amended the exercise price of existing warrants from previous offerings to CA$3.3086. The net proceeds will be used for general corporate purposes, including product development, marketing, potential acquisitions, and working capital requirements.