Draganfly Inc. manufactures and sells commercial unmanned aerial vehicles worldwide. Its products include quad-copters, fixed wing aircraft, ground based robots, and hand held controllers, as well as software used for tracking, live streaming, and data collection. The company also offers custom engineering and training, simulation consulting, and flight training services, as well as wireless video systems. It serves public safety, agriculture, industrial inspections, and mapping and surveying markets. The company was incorporated in 2018 and is headquartered in Saskatoon, Canada.
IPO Year:
Exchange: NASDAQ
Website: draganfly.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/5/2025 | $19.00 | Buy | Ladenburg Thalmann |
| 10/30/2025 | $20.00 | Buy | Needham |
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Ladenburg Thalmann initiated coverage of Draganfly with a rating of Buy and set a new price target of $19.00
Needham initiated coverage of Draganfly with a rating of Buy and set a new price target of $20.00
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Saskatoon, SK., Feb. 27, 2026 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ:DPRO) (CSE:DPRO) (FSE: 3U8A) ("Draganfly" or the "Company"), an award-winning developer of drone solutions, software, and robotics, today announced the closing of its previously announced registered direct offering of 7,150,000 common shares (or pre-funded warrants in lieu thereof) of the Company at a price of US$7.00, for gross proceeds of approximately US$50.0 million, before deducting placement agent discounts and offering expenses (the "Offering"). Maxim Group LLC acted as lead placement agent for the Offering. Raymond James Ltd. and Ladenburg Thalmann & Co. Inc. acted as co-placement agents for the Offering. Dr
Saskatoon, SK., Feb. 25, 2026 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ:DPRO) (CSE:DPRO) (FSE: 3U8A) ("Draganfly" or the "Company"), an award-winning developer of drone solutions, software, and robotics, today announced the pricing of a registered direct offering to purchase 7,150,000 common shares (or pre-funded warrants in lieu thereof) of the Company (each, a "Common Share" or "Pre-Funded Warrant"), at a price of US$7.00, for gross proceeds of approximately US$50.0 million, before deducting placement agent discounts and offering expenses (the "Offering"). Maxim Group LLC is acting as lead placement agent for the Offering. Raymond James Ltd. and Ladenburg Thalmann & Co. Inc. are acting
Ottawa, ON, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ:DPRO, CSE:DPRO, FSE: 3U8A)) ("Draganfly" or the "Company"), an award-winning developer of drone solutions, software, and robotics, today announced the appointment of Lieutenant-General (Ret'd) Michel Gauthier to its Military Advisory Board. The appointment comes as Canada advances its renewed Defence Industrial Strategy, a national framework focused on strengthening sovereign defence production, accelerating innovation, modernizing procurement, and reducing reliance on foreign supply chains. Lieutenant-General Gauthier brings more than 36 years of distinguished service with the Canadian Armed Forces. He served as Comman
Ottawa, ON, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ:DPRO) (CSE:DPRO) (FSE: 3U8A) ("Draganfly" or the "Company"), an award-winning, industry-leading drone solutions and systems developer, welcomes the Government of Canada's newly announced Defence Industrial Strategy and, as an initial step in supporting its implementation, will participate in the Canadian Army's first Collaborative Uncrewed Aircraft Systems Working Group beginning Monday, February 23, in Ottawa, Canada. Announced on Tuesday, February 17, Prime Minister Mark Carney unveiled a visionary and transformational Defence Industrial Strategy to rebuild, renew, and rearm the Canadian Armed Forces (CAF). The Strateg
Issued on behalf of VisionWave HoldingsNEW YORK, Feb. 17, 2026 /CNW/ -- USANewsGroup.com News Commentary – Congress passed an $839 billion defense spending bill for fiscal 2026, the Pentagon's first full-year appropriation since fiscal 2024, directing $9.8 billion toward autonomous and unmanned systems across the Department of Defense[1]. The DOD's total IT budget reached $66 billion, a $1.8 billion increase from 2025, with every service branch increasing its AI allocation and the Navy alone adding $308 million in AI spending, a 22.7% year-over-year jump[2]. VisionWave Holdings (NASDAQ:VWAV), Ondas Holdings (NASDAQ:ONDS), Draganfly (NASDAQ:DPRO), BlackSky Technology (NYSE:BKSY), and Mercury
NEW YORK, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Market News Updates News Commentary - Survey Operations delivered through a Drones as a Service (DaaS) model are quickly becoming a preferred solution for industries that rely on accurate, real-time data. Construction, infrastructure, mining, agriculture, and energy companies are increasingly using drones to perform land surveys, site mapping, and inspections faster and at a lower cost than traditional methods. Instead of owning and operating their own drone fleets, customers can access advanced aerial surveying on demand, improving safety, reducing project timelines, and gaining higher-quality data to support better decision-making. Active Compa
Unmanned FPV Platforms Emerge as Value-Creation Engine in Defense Markets Accelerating Deployment Supporting Revenue Scale and Shareholder Upside NEW YORK, Feb. 2, 2026 /PRNewswire/ -- Market News Updates News Commentary - First Person View ("FPV") drones are redefining unmanned aerial capabilities within the defense sector, delivering immersive, real-time situational awareness and unmatched maneuverability in contested environments. Unlike traditional line-of-sight or autonomous UAVs, FPV drones stream first-hand video back to operators, enabling precision navigation for reconnaissance, target acquisition, and tactical strike roles. This unique combination of agility and cost-efficiency is
Tampa, Fla., Feb. 02, 2026 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ:DPRO, CSE:DPRO, FSE: 3U8A)) ("Draganfly" or the "Company"), an award-winning developer of drone solutions, software, and robotics, today announced an award to provide Flex FPV Drones and Training to U.S. Air Force Special Operations Command units with partner DelMar Aerospace Corporation, a leading provider of advanced uncrewed aircraft systems (UAS) training, tactics, techniques, and procedures (TTPs), for U.S. Government customers. The partnership with DelMar brings together Draganfly's operationally proven uncrewed platforms with DelMar Aerospace's expertise in delivering cutting-edge, mission-relevant UAS instructio
Vancouver, B.C., Jan. 20, 2026 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ:DPRO) (CSE:DPRO) (FSE: 3U8A) ("Draganfly" or the "Company"), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce that Cameron Chell, the Chief Executive Officer of the Company, has been appointed Executive Chairman of the board of the directors (the "Board"), replacing Mr. Scott Larson, who will continue serving as a member of the Board. Mr. Chell has been the Chief Executive Officer of the Company since August 2019. "On behalf of the Board and the Company's senior leadership team, I would like to thank Scott Larson for his hard work and dedication as the Chair of the
From inspections to analytics, DaaS is emerging as a high-growth automation play with recurring cash flow Market News Updates News Commentary NEW YORK, Jan. 15, 2026 /PRNewswire/ -- The drones-as-a-service (DaaS) market is really taking off because most companies don't want to buy drones—they just want the job done. Instead of spending money on equipment, training pilots, and dealing with regulations, businesses are hiring drone service providers to handle everything. That model is catching on fast in industries like energy, construction, agriculture, insurance, and public safety. Right now, the global DaaS market is estimated around $6–8 billion, and it's growing as drones become a normal t
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Ottawa, ON, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ:DPRO, CSE:DPRO, FSE: 3U8A)) ("Draganfly" or the "Company"), an award-winning developer of drone solutions, software, and robotics, today announced the appointment of Lieutenant-General (Ret'd) Michel Gauthier to its Military Advisory Board. The appointment comes as Canada advances its renewed Defence Industrial Strategy, a national framework focused on strengthening sovereign defence production, accelerating innovation, modernizing procurement, and reducing reliance on foreign supply chains. Lieutenant-General Gauthier brings more than 36 years of distinguished service with the Canadian Armed Forces. He served as Comman
SASKATOON, SK, Jan. 13, 2026 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ:DPRO, CSE:DPRO, FSE: 3U8A)) ("Draganfly" or the "Company"), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce the deployment of Draganfly drones integrated with Smith Myers, ARTEMIS Mobile Phone Detection & Location Systems (MPDLS) for search and rescue operations. Search and Rescue Sweden, one of Europe's foremost search-and-rescue (SAR) organizations, will deploy Draganfly UAS platforms outfitted with Smith Myers ARTEMIS, specifically engineered for the SAR market, to provide cost-effective, high-performance aerial support for missing-person recoveries, wilderness rescu
Tampa, FL, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ:DPRO, CSE:DPRO, FSE: 3U8A)) ("Draganfly" or the "Company"), an award-winning, industry-leading drone solutions and systems developer, today announced the appointment of Victor Meyer and Keith Kimmel as Senior Members of its Military Board of Advisors. Draganfly's Military Board of Advisors is established to accelerate the Company's defense strategy and ensure its technologies continue to deliver world-class innovation, reliability, and mission readiness across defense and government applications. Both Meyer and Kimmel bring decades of leadership, operational, and technological experience from the U.S. military and global
Unveiling of Draganfly line at Drone Nerds ElevateUAV 2025 San Diego, CA, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ:DPRO, CSE:DPRO, FSE: 3U8A)), an industry-leading developer of drone solutions and systems, today announced that it has appointed Drone Nerds, a leading U.S. drone retailer, integrator, and service provider, as an official value-added reseller (VAR) for its full line of NDAA-compliant unmanned aerial systems. Drone Nerds will provide sales, integration, training, support, and service for Draganfly's public safety-grade drone systems across the U.S. and allied markets. As part of this arrangement Drone Nerds will display the Draganfly product line at its upcom
Synergistic Alliance to Advance UAS Solutions for U.S. Defense and Allied Markets TAMPA, FL, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ:DPRO, CSE:DPRO, FSE: 3U8A)) ("Draganfly" or the "Company"), an industry-leading developer of drone solutions and systems today announced that it has executed a formal agreement with Global Ordnance, a U.S. Defense Logistics Agency (DLA) prime contractor, whereby Global Ordnance will serve as a U.S. defense partner for Draganfly's line of unmanned aerial systems (UAS) and related solutions. Under the agreement, Draganfly and Global Ordnance will collaborate to accelerate U.S. defense adoption of Draganfly platforms, embed manufacturing and r
Veteran leader in public safety, national security, and critical infrastructure protection brings strategic, operational, and innovation expertise to advance Draganfly's public safety mission Saskatoon, SK, May 14, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ:DPRO, CSE:DPRO, FSE: 3U8)), an industry-leading drone solutions and systems developer, is proud to announce the appointment of Peter Lambrinakos, O.O.M., CPP, to its Public Safety Advisory Board. An internationally recognized authority in public safety leadership, national security, and the responsible deployment of emerging technologies, Mr. Lambrinakos brings more than three decades of operational, strategic, and innovation expe
Industry Veteran Joins Draganfly to Drive Innovation at the Intersection of Public Safety and Technology Tampa, FL, April 16, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ:DPRO) (CSE:DPRO) (FSE: 3U8) ("Draganfly" or the "Company"), an industry-leading developer of drone solutions and systems, is proud to announce the formation of its Public Safety Advisory Board. This new initiative reinforces Draganfly's commitment to delivering cutting-edge, mission-critical technologies that support enforcement and public safety agencies worldwide. Renowned global public safety expert and Homeland Security advisor Paul Goldenberg will serve as the inaugural Chair of the Board. With more than 30 year
Tampa, Florida, March 20, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc, (NASDAQ:DPRO) (CSE:DPRO) (FSE: 3U8A) ("Draganfly" or the "Company"), an award-winning, industry-leading drone solutions and systems developer, is proud to announce that Christopher C. Miller, former Acting U.S. Secretary of Defense under President Donald Trump, has joined the Company's Board of Directors. Miller, a seasoned national security expert with decades of experience in defense and intelligence, will help guide Draganfly's strategic initiatives in the government, defense, and aerospace sectors. His extensive leadership in military operations and national security policy aligns with Draganfly's commitment to providin
Saskatoon, SK, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ:DPRO) (CSE:DPRO) (FSE: 3U8) ("Draganfly" or the "Company"), a leader in drone technology and unmanned aerial vehicle (UAV) solutions, is excited to announce a strategic partnership with The Institute for Drone Technology, a leading drone solution provider for the Australian government and enterprise sectors. This agreement appoints The Institute for Drone Technology as a value-added distributor of Draganfly's cutting-edge drone technology in Australia. The collaboration between Draganfly and The Institute for Drone Technology comes at a time of incredible demand for advanced drone solutions within Australia. The Ins
Draganfly also welcomes Defense and Tech Leader Tim Dunnigan to the Board of Directors Saskatoon, SK, July 25, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ:DPRO) (CSE:DPRO) (FSE: 3U8) ("Draganfly" or the "Company"), a leader in drone technology and unmanned aerial vehicle (UAV) solutions, is excited to announce the appointment of Thomas B. Modly to its Board of Directors. Additionally, Draganfly welcomes Tim Dunnigan, previously an advisor on the Advisory Board, as a member of the Board. Draganfly is proud to welcome Thomas B. Modly and Tim Dunnigan to its Board of Directors. Thomas B. Modly, who served as the Acting Secretary of the Navy and the 33rd Under Secretary of the Navy, b
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Strong balance sheet with $57.1 million in cash, cash equivalents and marketable securities and no debt Patent progress demonstrates growing strategic relevance in defense applications Company to host investor call and webcast during the week of November 17 to discuss emerging strategic developments Palladyne AI Corp. (NASDAQ:PDYN) ("Palladyne AI"), a developer of artificial intelligence software for robotic platforms in the industrial and defense sectors, today announced financial results for its third fiscal quarter ended September 30, 2025. Ben Wolff, President and Chief Executive Officer of Palladyne AI, commented: "We continue to execute with financial discipline as we move t
Saskatoon, SK, Nov. 07, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ:DPRO, CSE:DPRO, FSE: 3U8A)), an award-winning, industry-leading developer of drone solutions and systems, announced today that it will host a shareholder update call on November 12, 2025, at 5:30 PM EST. The call will be led by Cameron Chell, Draganfly's Chief Executive Officer, who will provide updates on the Company's key milestones and strategic initiatives for the quarter. Paul Sun, Chief Financial Officer, will present highlights of the Company's third quarter performance. Draganfly's Q3 2025 financial results are scheduled for formal release after market close on November 12, 2025. Shareholders are invited to r
MarketNewsUpdates News Commentary NEW YORK, Oct. 9, 2025 /PRNewswire/ -- The drone surveying market is expected to continue to gain momentum due to increasing demand for aerial intelligence and high-precision mapping across major sectors such as agriculture, mining, construction, and environmental monitoring. A report from Fact.MR analysis indicates that the industry will be valued at USD 1.97 billion in 2025 and will grow to USD 11.49 billion by 2035, at a strong CAGR of 19.3% during the period. The report said: "The enormous digital revolution in the industrial sectors continues to accelerate demand. Combining drones with AI analytics, GIS platforms, and cloud systems enables real-time pr
Saskatoon, SK, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ:DPRO, CSE:DPRO, FSE: 3U8A)), an award-winning, industry-leading developer of drone solutions and systems, announced today that it will host a shareholder update call on Monday, August 11, 2025, at 5:30 PM EST. The call will be led by Cameron Chell, Draganfly's Chief Executive Officer, who will provide updates on the Company's key milestones and strategic initiatives for the quarter. Paul Sun, Chief Financial Officer, will present highlights of the Company's second-quarter performance. Draganfly's Q2 2025 financial results are scheduled for formal release after market close on August 11, 2025. Shareholders are invited
MarketNewsUpdates News Commentary NEW YORK, July 31, 2025 /PRNewswire/ -- A recent article from drone industry insider, Dronelife.com, said that: "The drone industry in the United States is experiencing a surge in investment and capital flow, as a series of legislative measures and executive directives reshape the procurement and manufacturing environment for both established and emerging drone companies. Recent months have brought a flood of funding announcements, with sector analysts citing a direct connection to strengthened national policy and focused government demand." It continued: "May through July 2025 have seen major investment rounds for American drone manufacturers and allied su
Saskatoon, SK, May 06, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ:DPRO) (CSE:DPRO) (FSE: 3U8A) ("Draganfly" or the "Company"), an award-winning, industry-leading developer of drone solutions and systems, today announced that it will host a shareholder update call on May 8, 2025, at 5:30 p.m. EST. Draganfly CEO, Cameron Chell will lead the call, providing an overview of the Company's first quarter milestones. CFO Paul Sun will present the Company's Q1 2025 financial results, which are scheduled for release after market close on May 8, 2025. Pre-submitted investor questions will also be addressed during the call. Registration for the call can be accessed here. Investors are encourage
Saskatoon, SK, March 25, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ:DPRO) (CSE:DPRO) (FSE: 3U8A) ("Draganfly" or the "Company"), an award-winning, industry-leading developer of drone solutions and systems, announced today that it will host a shareholder update call on March 27th, 2025, at 5:30 PM EST. Draganfly CEO Cameron Chell will lead the call, providing an overview of the Company's 2024 milestones, strategic initiatives, and its outlook for 2025. CFO Paul Sun will present the Q4 2024 financial results, along with a full-year review, which is scheduled for release after market close on March 27th, 2025. Pre-submitted investor questions will also be addressed during the call. Reg
ORLANDO, FL / ACCESSWIRE / December 15, 2022 / RedChip Companies will air a new interview with Draganfly Inc. (NASDAQ:DPRO)(CSE:DPRO)(FSE:3U8) ("Draganfly" or the "Company"), an award-winning, industry-leading drone solutions and systems developer, on The RedChip Money Report® on Bloomberg TV, this Saturday, December 17, at 7 p.m. Eastern Time (ET). Bloomberg TV is available in an estimated 73 million homes across the U.S.Interview highlights:In the exclusive RedChip Money Report interview, Draganfly's President and CEO Cameron Chell discusses the Company's record revenue for the first nine months of 2022, how the Company is adding capacity to meet growing demand, how drones are playing a cr
LOS ANGELES, CA / ACCESSWIRE / July 29, 2022 / RedChip Companies will air a new interview with Draganfly Inc. (NASDAQ:DPRO) (CSE:DPRO) (FSE:3U8) ("Draganfly" or the "Company") an award-winning, industry-leading drone solutions and systems developer, on The RedChip Money Report® on Bloomberg TV, this Saturday, July 30, at 7 p.m. Eastern Time (ET). Bloomberg TV is available in an estimated 73 million homes across the U.S.Interview highlights:In the exclusive RedChip Money Report interview, Draganfly's President and CEO Cameron Chell discusses Draganfly's more than 20 years of experience as a drone solutions, software, and AI systems provider, the Company's record revenue and sales, the $20 bil