Draganfly Inc.

Draganfly Inc. announced record second-quarter financial results for 2026, with revenue increasing 26.0% year-over-year to $2,664,237 and product sales up 34.6%. Gross profit rose 5.7% to $533,149, though gross margin percentage decreased to 20.0%. The company reported a comprehensive loss of $11,831,664, significantly higher than the previous year, partly due to non-cash items and increased operating costs. Operationally, Draganfly secured a distribution agreement with ACSL, saw its Flex FPV system selected by U.S. Department of War units, launched the Draganfly Blitz™ optical payloads, and completed the acquisition of Skip Dynamix's fixed-wing drone technology.

Draganfly Inc. announced its second quarter 2026 financial results, reporting a 26.0% year-over-year revenue increase to $2,664,237. Despite revenue growth, the company posted a comprehensive loss of $11,831,664, significantly wider than the previous year, partly due to non-cash items and increased operating costs. Concurrently, Draganfly secured new contracts with the U.S. Department of War, acquired Skip Dynamix's fixed-wing drone technology, launched new optical payloads, and entered a distribution agreement with ACSL for the Japanese market, expanding its strategic footprint.

Draganfly Inc. reported a net loss of $17.66 million for the six months ended June 30, 2026, widening from $8.19 million in the prior year, despite a 36% increase in total revenue to $4.98 million. The company's cash and cash equivalents significantly increased to $131.91 million, largely due to $63.03 million in financing activities. Draganfly also acquired Skip Dynamix for $2.52 million USD, adding fixed-wing drone capabilities.

Draganfly Inc. announced it will host a shareholder update call on August 10, 2026, at 5:30 PM ET. CEO Cameron Chell will discuss recent milestones and strategic direction, while CFO Paul Sun will review key financial highlights from the second quarter of 2026. The company plans to release its quarterly financial results after market close on the same day.

Draganfly Inc. has announced an exclusive strategic partnership with the Small & Rural Law Enforcement Executives Association (SRLEEA) to launch the SRLEEA Drone Implementation & Readiness Program. This initiative is designed to help small, rural, and tribal law enforcement agencies successfully implement, operate, and sustain professional drone programs. Draganfly was chosen for its comprehensive offerings, including technology, training, policies, and long-term support, aiming to enhance operational capabilities and officer safety for these agencies.

Draganfly Inc. has announced an exclusive strategic partnership with the Small & Rural Law Enforcement Executives Association (SRLEEA) to launch the SRLEEA Drone Implementation & Readiness Program. This initiative is designed to help small, rural, and tribal law enforcement agencies successfully implement, operate, and sustain professional drone programs. Draganfly was selected for its comprehensive offering of technology, training, policies, and long-term support, aiming to enhance officer safety, emergency response, and operational capabilities for these agencies.

Draganfly Inc. announced a partnership with the International Association of Campus Law Enforcement Administrators (IACLEA) to launch a national Campus Drone Implementation & Readiness Program. This initiative will help colleges and universities establish compliant drone programs to enhance campus safety, improve critical incident response, and build community trust. Draganfly was chosen as the strategic partner following a competitive evaluation, providing a turnkey solution that includes policy, training, and equipment guidance.

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.

Draganfly Inc. announced the nomination of Mr. Paul Dadwal for election to its board of directors at the upcoming annual general meeting of shareholders. Concurrently, Mr. Scott Larson will not seek re-election and has stepped down from the board. Mr. Dadwal brings extensive experience in capital markets and public safety, having served as a Superintendent with the Royal Canadian Mounted Police for over 19 years and founded Ari & Co. Capital.

Draganfly Inc. announced that it has been selected, along with F4 Defense International (F4DI), by DEVCOM Army Research Laboratory for an initial development contract. The contract focuses on creating a modular, multi-layered, integrated counter-unmanned aircraft system (C-UAS) platform designed to detect, identify, track, target, and defeat hostile drones. This initiative highlights Draganfly's expansion into defense technologies, addressing the rapidly growing global Counter-UAS market, which is projected to reach over US$20 billion by 2030.