Draganfly Acquires Skip Dynamix for up to $7.525M
Draganfly Inc. has entered into a definitive asset purchase agreement to acquire substantially all assets of Skip Dynamix Corporation, a developer of ultra-low-cost, mass-producible fixed-wing unmanned aerial systems. The transaction, valued at up to US$7,525,000, aims to deepen Draganfly's defense platform portfolio and strategically position the company in the rapidly growing market for low-cost autonomous aerial systems. This acquisition will combine Draganfly's manufacturing and AI capabilities with Skip Dynamix's fixed-wing platform, addressing military procurement priorities for long-range ISR and one-way missions. The deal is expected to close in early June 2026 and includes the retention of Skip Dynamix's founders.
Key Highlights
- Draganfly to acquire substantially all assets of Skip Dynamix Corporation.
- Total purchase price up to US$7,525,000.
- Initial cash payment of US$2,525,000 at closing.
- US$2,500,000 payable in Draganfly shares, subject to vesting.
- Up to US$2,500,000 earn-out based on business milestones.
- Transaction expected to close in early June 2026.
- Retains Skip Dynamix founders Jonathan Baron and Andrew Chapman.
- Aims to establish Draganfly as a leading multi-platform drone provider in 2026.
Price Impact
More from DPRO