Draganfly Business Summary

Draganfly Inc. (DPRO) operates as a pioneer in the unmanned aerial vehicle (UAV) industry, generating revenue through a dual-stream model of high-performance hardware sales and specialized engineering services. The company is organized into two primary business segments: Drones, which encompasses the design, manufacture, and sale of NDAA-compliant platforms like the Commander 3XL and Flex FPV systems, and Corporate, which manages its strategic and administrative functions. As of 2026, Draganfly has executed a decisive strategic pivot toward the defense and national security sectors, projecting that military contracts will constitute approximately 90% of its total revenue. The company differentiates itself through its 27-year operating history and a fully integrated product line that serves public safety, agriculture, and industrial inspection markets. Within the competitive landscape, Draganfly contends with players such as Ondas Holdings, AgEagle Aerial Systems, and Mobilicom, positioning itself as a trusted, sovereign North American alternative to foreign-manufactured drone technology. Originally founded in 1998 by Zenon and Christine Dragan, the company is currently led by Cameron Chell, who serves as both Chief Executive Officer and Executive Chairman of the Board following a leadership consolidation in January 2026. The executive team is rounded out by Chief Financial Officer Paul Sun, Chief Operating Officer Paul Mullen, and Chief Legal Officer Deborah R. Greenberg. Draganfly’s leadership is distinguished by a high-pedigree board and advisory structure, featuring prominent figures such as former Acting Secretary of Defense Christopher C. Miller, former Acting Secretary of the Navy Thomas B. Modly, and Lieutenant-General (Ret'd) Michel Gauthier, who joined the Military Advisory Board in February 2026. This institutional depth is supported by significant capital market activity, including the closing of a US$50 million registered direct offering in early 2026 to scale manufacturing capacity and accelerate R&D for its autonomous AI-driven systems.