Draganfly (NASDAQ: DPRO) touts defense momentum and $145M cash position

Rhea-AI Filing Summary

Draganfly Inc. issued a corporate update emphasizing growing momentum in defense and public safety drones, supportive industry trends, and a strong financial position. Management notes that recent share-price volatility does not reflect the company’s balance sheet strength or expanding defense engagements.

The company reports current cash of approximately $145 million, giving it flexibility to pursue growth while its market value remains only modestly above this cash level. Draganfly highlights recent milestones with U.S. and allied defense organizations and participation in key drone programs, alongside rising global demand for autonomous and FPV systems.

For 2026, priorities include scaling production and delivery, building a domestic NDAA-compliant supply chain, deepening government and tier-one contractor relationships, advancing internal system and software development, pursuing select strategic acquisitions, and maintaining disciplined capital deployment.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of March 2026

Commission File Number: 001-40688

DRAGANFLY INC.

(Translation of registrant’s name into English)

235 103^rd St. E.

Saskatoon, Saskatchewan S7N 1Y8

Canada

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

☐ Form 20-F ☒ Form 40-F

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Draganfly Inc.
	(Registrant)
Date: March 26, 2026	By:	/s/ Paul Sun
	Name:	Paul Sun
	Title:	Chief Financial Officer

Form 6-K Exhibit Index

Exhibit Number		Document Description
99.1		Press Release of the Registrant dated March 26, 2026.

Exhibit 99.1

Draganfly Provides Corporate Update Highlighting Strong Defense Momentum, Industry Tailwinds, and Robust Balance Sheet

Tampa, FL – March 26, 2026 — Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8A), a leader in drone technology and unmanned aerial vehicle (UAV) solutions, provided a corporate update this week. The update highlighted continued operational progress, strong industry tailwinds, and a well-capitalized balance sheet.

“Draganfly is operating at the center of a global shift toward autonomous systems in defense and public safety,” said Cameron Chell, CEO of Draganfly. “While recent market volatility has impacted our share price, we believe it does not reflect the strength of our balance sheet, our growing defense engagements, or the scale of the opportunity ahead.”

Financial Strength

Draganfly’s current cash of approximately $145 million, positions the Company with significant financial flexibility to execute on growth initiatives. At current trading levels, the Company’s market valuation remains modestly above its cash position.

Global Defense and Tier-One Momentum

Draganfly continues to expand its footprint within the Global Defense ecosystem, including:

	●	Selection to supply Flex FPV systems and training to the U.S. Air Force Special Operations Command
	●	Selection as one of 25 participants in the Secretary of War’s Drone Dominance Program Phase 1 Gauntlet, successfully obtaining a perfect score in the “Urban Strike” mission
	●	Continued deployment of the Commander 3XL platform within U.S. and allied forces, including extreme temperature environments in both Arctic and Desert conditions
	●	Invitation and participation in the Canadian Army’s MINERVA Uncrewed Aircraft Systems working group, an initiative focused on accelerating the integration of drone and autonomous technologies into future Canadian Armed Forces operations
	●	Exclusive Demonstration of advanced capabilities in line with MINERVA program objectives for Canadian Armed Forces (CAF) personnel at Area X.O. in Ottawa

These developments reinforce Draganfly’s position as a trusted, North American provider of compliant unmanned systems.

Favorable Industry Dynamics

Global demand for drone and autonomous systems continues to accelerate, driven by:

	●	Rapid adoption of FPV and ISR technologies in modern conflict
	●	Increased U.S. and allied defense spending on autonomous capabilities
	●	Heightened security demand in regions including the Middle East

Draganfly believes these trends represent a sustained structural shift supporting long-term growth.

2026 Priorities

The Company remains focused on:

	●	Scaling production and delivery capabilities
	●	Developing the domestic supply chain, leveraging key industry relationships and decades of UAS development experience to design and manufacture NDAA compliant components
	●	Expanding government and Tier-one contractor relationships, including channel sales & integration partners
	●	Continue evolving internal product, including system and software development
	●	Advancing select strategic acquisitions
	●	Maintaining disciplined capital deployment

About Draganfly

Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8A) is a leader in cutting-edge drone solutions and software that are transforming industries and serving stakeholders globally. Recognized for innovation and excellence for over 25 years, Draganfly delivers award-winning technology to the public safety, agriculture, industrial inspection, security, mapping, and surveying markets. The Company is driven by passion, ingenuity, and a mission to provide efficient solutions and first-class services to customers worldwide, saving time, money, and lives.

For more information, visit www.draganfly.com.

For investor details, visit:

NASDAQ (DPRO)

CSE (DPRO)

FSE (3U8A)

Media Contact

Erika Racicot

Email: media@draganfly.com

Company Contact

Cameron Chell

Chief Executive Officer

(306) 955-9907

info@draganfly.com

Forward-Looking Statements

This release contains certain “forward-looking statements” and certain “forward-looking information” as ‎‎defined under applicable securities laws. Forward-looking statements and information can ‎generally be ‎identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, ‎‎“estimate”, ‎‎“anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements ‎and ‎information are based on forecasts of future results, estimates of amounts not yet determinable and ‎‎assumptions that, while believed by management to be reasonable, are inherently subject to significant ‎‎business, economic and competitive uncertainties and contingencies. These statements include, but may ‎‎not be limited to statements regarding‎; the Company’s 2026 priorities, including the scaling of production and delivery capabilities, the development of domestic supply chains, the expansion of government and tier-one contractor relationships, the advancement of internal product, and the maintenance of disciplined capital deployment. Forward-looking statements and ‎information are subject to ‎various known and ‎‎unknown risks and uncertainties, many of which are beyond ‎the ability of the ‎Company to control or ‎‎predict, that may cause the Company’s actual results, ‎performance or ‎achievements to be materially ‎‎different from those expressed or implied thereby, and are ‎developed ‎based on assumptions about ‎‎such risks, uncertainties and other factors set out here-in, ‎including but not ‎limited to: the potential ‎‎impact of epidemics, pandemics or other public health crises on the Company’s ‎business, ‎operations and financial condition, the ‎‎successful integration of technology, the inherent risks ‎involved in ‎the general securities markets; ‎‎uncertainties relating to the availability and costs of financing ‎needed in ‎the future; the inherent ‎‎uncertainty of cost estimates and the potential for unexpected costs ‎and ‎expenses, currency ‎‎fluctuations; uncertainty regarding the Nasdaq hearing process, regulatory ‎restrictions, liability, competition, loss of key employees and ‎other related risks ‎‎and uncertainties ‎disclosed under the heading “Risk Factors” in the Company’s most ‎recent filings filed ‎‎with securities ‎regulators in Canada on the SEDAR+ website at www.sedarplus.ca and with the U.S. ‎‎Securities and ‎Exchange Commission on the EDGAR website at www.sec.gov. The ‎Company undertakes ‎‎no obligation ‎to update forward-looking information except as required by ‎applicable law. Such forward-‎‎looking ‎information represents management’s best judgment based on information currently available. ‎‎No ‎forward-looking statement can be guaranteed and actual future results ‎may vary materially. ‎‎Accordingly, ‎readers are advised not to place undue reliance on forward-looking ‎statements or ‎‎information.

FAQ

What key message does Draganfly (DPRO) share in its March 2026 corporate update?

Draganfly highlights growing defense momentum, favorable drone industry tailwinds, and a strong balance sheet. Management argues recent share-price volatility does not reflect its cash position, expanding defense engagements, or perceived long-term opportunities in autonomous and public safety systems.

How strong is Draganfly’s balance sheet according to the March 2026 update?

Draganfly reports current cash of approximately $145 million, describing itself as well-capitalized with significant flexibility to fund growth. The company notes its market valuation is only modestly above this cash level, underscoring a sizable cash cushion relative to its equity value.

What defense-related milestones does Draganfly (DPRO) highlight in this update?

Draganfly cites selection to supply Flex FPV systems to U.S. Air Force Special Operations Command and participation in the Drone Dominance Program Phase 1 Gauntlet. It also notes continued Commander 3XL deployments and involvement in Canada’s MINERVA uncrewed aircraft systems initiatives.

Which industry trends does Draganfly see supporting its long-term growth?

Draganfly points to accelerating global demand for drones and autonomous systems, rapid adoption of FPV and ISR technologies in modern conflicts, increased U.S. and allied defense spending on autonomy, and heightened security needs in regions such as the Middle East as structural growth drivers.

What are Draganfly’s main priorities for 2026?

For 2026, Draganfly plans to scale production and delivery, develop a domestic NDAA-compliant supply chain, expand government and tier-one contractor relationships, advance internal product and software, pursue select strategic acquisitions, and maintain disciplined capital deployment to support its growth strategy.

How does Draganfly (DPRO) describe its position in the defense and public safety markets?

Draganfly describes itself as operating at the center of a global shift toward autonomous systems in defense and public safety. It emphasizes its role as a trusted North American provider of compliant unmanned systems and its long history delivering drone technology across multiple mission-critical sectors.

Filing Exhibits & Attachments

2 documents

Press Releases

• EX-99.1 EX-99.1 27.2 KB
• EX-99 GRAPHIC 10.8 KB