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Draganfly ( (TSE:DPRO) ) has issued an update.
On May 20, 2026, Draganfly announced that it and F4 Defense International were selected by the U.S. Army’s DEVCOM Army Research Laboratory for an initial development contract to build a modular, multi-layered counter-unmanned aircraft system. The planned ultra-mobile platform will integrate Draganfly’s tethered aerial technology with AI-enabled drone detection, tracking, and coordinated electronic and kinetic defeat capabilities to provide rapid-deploy, persistent counter-drone defense for battlefield and base protection.
The initiative deepens Draganfly’s move into advanced defense and force-protection technologies as militaries and infrastructure operators confront growing low-cost drone threats. With the global Counter-UAS market projected to exceed US$20 billion by 2030, the contract’s focus on systems integration, capability development, and field evaluation underscores the company’s bid to secure a stronger foothold in one of the defense sector’s fastest-growing segments.
The most recent analyst rating on (TSE:DPRO) stock is a Buy with a C$13.00 price target. To see the full list of analyst forecasts on Draganfly stock, see the TSE:DPRO Stock Forecast page.
Spark’s Take on DPRO Stock
According to Spark, TipRanks’ AI Analyst, DPRO is a Neutral.
The score is held down primarily by very weak profitability and persistent cash burn despite modest revenue growth. The earnings call adds support via revenue-ramp guidance, product/partnership traction, and a strong cash runway, while technicals are mixed and valuation is constrained by ongoing losses and no dividend.
To see Spark’s full report on DPRO stock, click here.
More about Draganfly
Draganfly Inc. is a long-established developer of cutting-edge drone solutions and software serving public safety, civil, military, agriculture, industrial inspection, security, mapping, and surveying markets worldwide. The company focuses on autonomous systems, AI-enabled platforms, and tactical ISR technologies, positioning itself as a key player in defense and critical infrastructure applications.
Average Trading Volume: 64,028
Technical Sentiment Signal: Buy
Current Market Cap: C$267.2M
See more data about DPRO stock on TipRanks’ Stock Analysis page.