Draganfly announces its readiness to meet increasing border security demands through advanced drone technology solutions.
Quiver AI Summary
Draganfly Inc. has announced its strong positioning and readiness to meet the increasing demand for border security enhancements, driven by global trade and security challenges. The company's recent engagements with policing agencies underscore its commitment to providing advanced drone technology solutions to support secure borders amid shifting geopolitical dynamics. CEO Cameron Chell highlighted the importance of secure borders for national security and economic stability, noting Draganfly's comprehensive product offerings that include high-resolution sensors and real-time data processing capabilities. The company emphasizes North American innovation and aims to foster collaboration between the public and private sectors to bolster border security in a rapidly changing world.
Potential Positives
- Draganfly confirms its strategic positioning to support the enhancement of border security, indicating a strong demand for its drone technology amidst global trade and security concerns.
- Recent sales activities with policing agencies demonstrate the company's readiness and capability to meet government security needs, strengthening its market credibility.
- The press release highlights Draganfly's comprehensive product portfolio, featuring advanced sensors and multi-mission capabilities, which positions the company as an innovative leader in drone technology.
- Draganfly emphasizes its commitment to North American innovation, suggesting a dedication to enhancing national security and economic stability, which could resonate positively with government clients and stakeholders.
Potential Negatives
- The press release emphasizes the company’s focus on border security solutions amid global trade and security uncertainties, highlighting the potential vulnerability of the business to geopolitical issues.
- The mention of "inherent risks involved in the general securities markets" and uncertainties surrounding financing availability suggests potential financial instability or challenges that could affect future operations.
- The inclusion of extensive forward-looking statements indicates a level of uncertainty regarding the company's future performance, which may lead investors to question the reliability of the company's projections.
FAQ
What is Draganfly's role in border security?
Draganfly provides advanced drone technology solutions to enhance border security in response to global trade and security challenges.
How does Draganfly support government agencies?
Draganfly offers a comprehensive product portfolio designed to meet the security needs of government agencies and border authorities.
What recent activities highlight Draganfly's preparedness?
Recent sales activities with policing agencies demonstrate Draganfly's ability and readiness to provide drone technology in support of border security.
What technology does Draganfly utilize in its drone solutions?
Draganfly's drones feature high-resolution sensors, real-time data processing, and various tactical communication configurations for multi-mission capabilities.
Why is border security critical today?
Border security is essential due to global trade challenges, tariff uncertainties, and increasing geopolitical tensions impacting national stability.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$DPRO Hedge Fund Activity
We have seen 2 institutional investors add shares of $DPRO stock to their portfolio, and 22 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ARMISTICE CAPITAL, LLC removed 6,473,000 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $16,506,149
- ALLIANCE WEALTH ADVISORS, LLC removed 103,000 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $262,650
- THOROUGHBRED FINANCIAL SERVICES, LLC removed 60,000 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $153,000
- TWO SIGMA SECURITIES, LLC added 21,694 shares (+inf%) to their portfolio in Q3 2024, for an estimated $55,319
- COMMONWEALTH EQUITY SERVICES, LLC removed 20,384 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $51,979
- INVESTMARK ADVISORY GROUP LLC removed 20,000 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $51,000
- MOORS & CABOT, INC. removed 19,500 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $49,725
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Full Release
Draganfly Confirms Its Strategic & Tactical Positioning and Preparedness for Growing Border Security Demand Amid Global Trade and Security Initiatives
Saskatoon, SK., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an award‑winning leader in drone solutions and systems development, today confirms through recent sales activities its positioning and preparedness to support the enhancement of border security amid evolving global trade and security uncertainties and shifting geopolitical dynamics. Highlighting recent sales activities with policing agencies, Draganfly continues to strengthen its position to support border security with advanced drone technology solutions.
“Recent global trade challenges, tariff uncertainties, and security concerns underscore the critical importance of secure borders and resilient supply chains,” said Cameron Chell, CEO of Draganfly Inc. “Our recent sales activities with policing agencies is a testament to our ability and readiness to provide drone technology and services in support of border security solutions.”
Draganfly’s comprehensive product portfolio—featuring high‑resolution, electro-optical/infra-red and low-light sensors with real‑time data processing capabilities available in multiple tactical communication and control configurations—is designed to deliver multi-mission capabilities for challenging mission profiles. With an emphasis on North American‑made innovation, the Company is committed to supporting the security needs of government agencies and border authorities, ensuring that technology remains at the forefront of national security and economic stability.
“As we continue to navigate an era of rapid geopolitical change, it is essential that both the public and private sectors collaborate to safeguard borders,” added Chell. “Draganfly is proud to be at the leading edge of this effort, leveraging our technological expertise to help create a more secure and resilient border.”
About Draganfly
Draganfly Inc. is the creator of quality, cutting-edge drone solutions, software, and AI systems that revolutionize how organizations operate and serve their stakeholders. With over 24 years of innovation, Draganfly is recognized as a leader in the public safety, agriculture, industrial inspections, security, mapping, and surveying markets. The Company’s commitment to ingenuity and first-class services drives its goal to save time, money, and lives across the globe.
For more information on Draganfly, please visit Draganfly’s website. For additional investor information, visit:
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Media Contact Erika Racicot Email: [email protected]
Company Contact Email: [email protected]
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. Forward-looking statements include, but are not limited to, statements with respect to Draganfly’s comprehensive product portfolio’s ability to deliver multi-mission capabilities for challenging mission profiles. 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, including the COVID-19 pandemic, 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; the potential for unexpected costs and expenses, currency fluctuations; regulatory restrictions; and 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.sedar.com and with the United States Securities and Exchange Commission (the “SEC”) on EDGAR through the SEC’s 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 managements’ 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.