Draganfly Lands $10M Strategic Investment from Unusual Machines and U.S. Fund
DPRO sits 47% above its 52-week low of $3.781.
Summary
Draganfly announced a $10M strategic investment from Unusual Machines and a leading U.S. investment fund, each contributing $5M via a registered direct offering of 1,869,159 shares at $5.35 per share. The deal is priced at-market based on the September 25 close and is expected to close September 29. Proceeds will fund advanced strategic capabilities and working capital as the company scales U.S. and international defense demand. This follows recent Canadian Armed Forces procurement wins and FAA approval for heavy-lift drone operations, reinforcing Draganfly's defense momentum. The investment adds a strategic industry partner in Unusual Machines, which cited support for production growth and supplier relationships.
Updates
· SEC 6-K — The 6-K attaches the press release announcing the $10M investment, with 1,869,159 shares at $5.35 per share, expected to close September 29.
At the time of this announcement, DPRO was trading at $5.55 on NASDAQ in the Technology sector, with a market capitalization of approximately $198.7M. The 52-week trading range was $3.78 to $14.40. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: GlobeNewswire.