Draganfly showcased its drone technology at the Global Drone Innovation and Defense Coalition Summit in Latvia, emphasizing innovation and collaboration.
Quiver AI Summary
Draganfly Inc. announced its successful participation in the Global Drone Innovation and Defense Coalition Summit held in Riga, Latvia, on May 29, 2025. The invitation-only event drew over 1,500 participants from 28 countries and celebrated the expansion of the Drone Coalition to 20 member states, alongside a collective €4 billion investment in drone capabilities. Draganfly showcased its tactical drone platforms, including The Commander 3XL and the modular Flex FPV, positioning itself as a leader in the field with its unique interchangeable FPV system. The company emphasized its commitment to innovation and operational efficiency, engaging with academic institutions for potential collaborations in military drone and demining technologies. Draganfly has also been invited to return for the upcoming Security Conference in August 2025.
Potential Positives
- Draganfly's participation in the prestigious Global Drone Innovation and Defense Coalition Summit positions the company as a leading provider in the drone technology sector, enhancing its visibility among government and defense representatives.
- The expansion of the Drone Coalition to 20 member states and the €4 billion investment emphasizes a growing interest and commitment toward advancing drone capabilities, presenting potential opportunities for Draganfly's growth and partnerships.
- Draganfly showcased unique innovations, including the only fully modular and interchangeable FPV platform, which reinforces its reputation for cutting-edge technology and mission adaptability.
- The invitation to return for the upcoming Security Conference in August 2025 indicates recognition and continued engagement in important discussions on drone strategies, potentially leading to further business opportunities.
Potential Negatives
- Participation in the summit and showcasing its products may not result in any significant new business opportunities, as the release does not mention any concrete contracts or agreements arising from the event.
- The extensive use of forward-looking statements in the release highlights the uncertainty surrounding the company's future performance and the inherent risks involved, which may deter investors.
- The mention of historical support for Ukraine could be interpreted negatively if geopolitical tensions escalate or if public sentiment shifts regarding involvement in international conflicts.
FAQ
What is Draganfly's participation in the Global Drone Summit?
Draganfly participated in the Global Drone Innovation and Defense Coalition Summit in Riga, showcasing its innovative drone systems.
Which drone systems did Draganfly showcase at the summit?
Draganfly showcased The Commander 3XL, The APEX, and the modular Flex FPV at the summit.
How many countries attended the Drone Coalition Summit?
The summit welcomed participants from 28 countries, representing government, defense, and drone technology sectors.
What are the future engagements for Draganfly following the summit?
Draganfly has been invited to the upcoming Security Conference in Riga in August 2025.
What focus areas did Draganfly explore at the summit?
Draganfly engaged in discussions about military drone advancement and demining technologies with academia and research institutions.
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.
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Full Release
Tampa, Florida, June 05, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8), an award-winning drone solutions and systems developer, is pleased to announce its successful participation at the Global Drone Innovation and Defense Coalition Summit (Drone Coalition) – Summer 2025 , held May 29 in Riga, Latvia .
Co-hosted by the Latvian and UK Ministries of Defense, the limited invite-only summit welcomed more than 1,500 participants from 28 countries across the government, defense, and drone technology sectors. The summit marked the formal expansion of the Drone Coalition from 17 to 20 member states and highlighted €4 billion in collective investment toward advancing coalition-aligned drone capabilities.
Draganfly was featured as a leading provider, prominently positioned, and showcased multiple systems from its interoperable family of tactical drone platforms, including The Commander 3XL, The APEX, and the modular Flex FPV.
Draganfly was the only provider demonstrating a fully modular and interchangeable FPV platform, and the only company offering multiple tactical deployment drone systems with field-proven validation .
“We were honored to have participated in a summit that is shaping the future of allied drone strategy and deployment,” said Cameron Chell, President and CEO of Draganfly. “The interest in our modular Flex FPV system and integrated drone platforms reinforces our focus on innovation, mission adaptability, and coalition-aligned development priorities.”
The company also engaged with representatives from leading academic and research institutions to explore potential collaborative initiatives in military drone advancement and demining technologies.
Draganfly’s presence underscored its long-standing support for Ukraine and its commitment to field-driven innovation shaped by real-time operational feedback.
Draganfly has been invited to return to Riga in August 2025 for the upcoming Security Conference, with further planning underway.
About Draganfly
Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8) is the creator of quality, cutting-edge drone solutions, software, and AI systems that revolutionize the way organizations operate. Recognized as being at the forefront of technology for over 25 years, Draganfly is an award-winning industry leader serving the public safety, public health, mining, agriculture, industrial inspections, security, and mapping and surveying markets. Draganfly is a company driven by passion, ingenuity, and the need to provide efficient solutions and first-class services to its customers around the world with the goal of saving time, money, and lives.
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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 participation in the Global Drone Innovation and Defense Coalition Summit as well as statements regarding the company engaging with representatives from leading academic and research institutions to explore potential collaborative initiatives in military drone advancement and demining technologies. 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.
