Draganfly Delivers Flex FPV Systems to U.S. Defense Contractor

An announcement from Draganfly ( (TSE:DPRO) ) is now available.

Draganfly Inc. has announced the delivery of its Flex FPV systems to a major U.S. military prime contractor, marking a significant milestone for the company. The Flex FPV system, known for its modular core architecture and adaptability, supports various mission profiles including reconnaissance and tactical payload delivery. This development highlights Draganfly’s growing demand in the defense and public safety sectors, as organizations seek versatile and reliable North American-developed UAS platforms.

The most recent analyst rating on (TSE:DPRO) stock is a Buy with a C$7.00 price target. To see the full list of analyst forecasts on Draganfly stock, see the TSE:DPRO Stock Forecast page.

Spark’s Take on TSE:DPRO Stock

According to Spark, TipRanks’ AI Analyst, TSE:DPRO is a Neutral.

Draganfly’s stock score is primarily impacted by its weak financial performance, characterized by stagnant revenue and persistent losses. Although technical analysis and valuation present challenges, strategic partnerships and corporate events indicate potential growth and strategic positioning in the defense and public safety sectors.

To see Spark’s full report on TSE:DPRO stock, click here.

More about Draganfly

Draganfly Inc. is a global leader in drone technology, AI, and autonomous systems, providing innovative solutions for public safety, defense, agriculture, and industrial applications. With over 25 years of experience, Draganfly is recognized for its groundbreaking contributions to the UAV industry and commitment to delivering cutting-edge, North American-made technology.

Average Trading Volume: 5,599

Technical Sentiment Signal: Sell

Current Market Cap: C$14.73M

For an in-depth examination of DPRO stock, go to TipRanks’ Stock Analysis page.