Growing investor confidence was indicated by increased pre-market activity for Draganfly Inc. (NASDAQ: DPRO) following the completion of a public stock offering. DPRO shares were up 7.01% at $2.5790 as of the most recent pre-market check.
Closing of Equity Offering
Draganfly (DPRO) confirmed that a 5.5 million unit public offering, consisting of one ordinary share and a warrant to buy another share, had closed. The transaction, which was priced at $2.50 per unit, brought in around $13.75 million in gross proceeds before related costs. The accompanying warrants have a five-year expiration date and are immediately exercisable at US$3.71 per share.
Corporate Development and Strategic Capital Allocation
Initiatives for business expansion and operational requirements will be funded using the offering’s net proceeds. In order to satisfy the growing demand for its drone technology, Draganfly intends to expand its manufacturing capacity and make investments in marketing, possible acquisitions, and core product development.
Well-Positioned to Benefit from Defence Investment
In parallel with Draganfly’s capital progress, Canadian Prime Minister Mark Carney recently announced an $80 billion national defense investment aimed at modernizing domestic capabilities. The package emphasizes technology, UAS systems, and industrial growth—areas where DPRO already holds a competitive edge.
As an award-winning leader in drone innovation with manufacturing and R&D rooted in Canada, the company is uniquely positioned to contribute to objectives under the “Our North Strong and Free” (ONSAF) defense strategy.
Readiness for Federal Procurement and Military Integration
Secure radio communications systems have been successfully integrated into Draganfly’s drone systems, demonstrating their interoperability with Department of National Defence (DND) regulations. These projects enhance interoperability with existing Canadian military hardware while meeting crucial procurement requirements including cyber resilience and sovereignty.
Draganfly (DPRO) is positioned as one of the few Canadian OEMs prepared to supply mission-critical UAS platforms in support of contemporary military operations by demonstrating its capabilities to both Canadian and U.S. defense stakeholders and aligning with changing national goals.
