In a significant move to fuel its expansion plans, drone technology innovator Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) has completed an underwritten public offering raising approximately $3.6 million in gross proceeds.
The capital infusion comes at a strategic time for the 25-year industry veteran as it aims to scale production capabilities, accelerate R&D initiatives, and potentially pursue acquisitions. Founded on innovation in drone solutions, Draganfly continues to develop technologies that help organizations across sectors including public safety, agriculture, and industrial inspections.