AcquisitionsJun 11, 2026, 10:41 AM
Draganfly Completes Skip Dynamix Acquisition for up to $7.525M
AI Summary
Draganfly Inc. has completed its previously announced acquisition of Skip Dynamix Corporation for an aggregate purchase price of up to US$7,525,000. The transaction involved a cash payment of US$2,525,000 at closing, US$2,500,000 in Draganfly common shares, and up to US$2,500,000 in earn-out consideration. This acquisition integrates Skip Dynamix's ultra-low cost, mass-producible fixed-wing drone capabilities, including the Orca platform, into Draganfly's defense portfolio. The move is expected to strengthen Draganfly's market position in autonomous aerial systems for defense, national security, and government sectors.
Key Highlights
- Draganfly completed the acquisition of Skip Dynamix Corporation for up to US$7,525,000.
- The purchase price included a cash payment of US$2,525,000 at closing.
- US$2,500,000 was paid in Draganfly common shares at a deemed price of US$6.46 per share.
- Up to US$2,500,000 in earn-out consideration is payable based on business milestones.
- The acquisition adds ultra-low cost, mass-producible fixed-wing drone capabilities to Draganfly's defense portfolio.
- It strengthens Draganfly's position with U.S. Department of War, NATO, and Indo-Pacific security programs.
- Skip Dynamix founders Jonathan Baron and Andrew Chapman will continue with Draganfly.
Price Impact
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