[Aerial view of drone flying over war torn landscape]
Colin Anderson Productions pty ltd
* Draganfly (NASDAQ:DPRO [https://seekingalpha.com/symbol/DPRO]) shares were higher in early Tuesday trading after the UAV developer highlighted its “unique” positioning to benefit from Canada’s $2B military aid package to Ukraine.
* Over the weekend, Canadian Prime Minister Mark Carney made a multi-billion dollar pledge to support Ukraine’s fight against Russia, a package which will allocate a “significant portion” to drone, counter-drone, and electronic warfare capabilities.
* “As the world’s oldest dual-use drone manufacturer with 27 years of design, engineering, and development experience – and one of a handful of Canadian manufacturers with proven solutions, Draganfly is uniquely positioned to support this critical national and international mission,” the company said in a statement [https://seekingalpha.com/pr/20211201-draganfly-uniquely-positioned-to-support-canada-s-new-2-billion-military-commitment-to].
* Draganfly (NASDAQ:DPRO [https://seekingalpha.com/symbol/DPRO]) estimates at least $220M will be spent on drone systems, including joint ventures between Canadian and Ukrainian defense contractors.
MORE ON DRAGANFLY
* Draganfly Inc. (DPRO) Q2 2025 Earnings Call Transcript [https://seekingalpha.com/article/4812411-draganfly-inc-dpro-q2-2025-earnings-call-transcript]
* The Required Change To Make Draganfly Shares Take Off Again [https://seekingalpha.com/article/4793543-the-required-change-to-make-draganfly-shares-take-off-again]
* Draganfly rallies on Dept of Defense contract [https://seekingalpha.com/news/4467814-draganfly-rallies-on-dept-of-defense-contract]
* Draganfly announces pricing of $13.75M public offering [https://seekingalpha.com/news/4457245-draganfly-announces-pricing-of-1375m-public-offering]
* Seeking Alpha’s Quant Rating on Draganfly [https://seekingalpha.com/symbol/DPRO/ratings/quant-ratings]
Draganfly positioned to capitalize on Canada's $2B military aid to Ukraine
Published 2 months ago
Aug 26, 2025 at 12:22 PM
Positive
Auto