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Tomorrow Investor >> breaking market insights to your inbox << Menu * Technology * Energy * Food & Health * Finance * Culture * Technology * August 12, 2024 * Editorial Feature AS NATIONS GEAR UP FOR THE NEXT GENERATION OF DRONE WARFARE… ONE DEFENSE STOCK COULD BE THE KEY TO DRONE SUPERIORITY IN THE U.S. AND S.E. ASIA FIND OUT HOW (NASDAQ: DPRO) IS POSITIONING TO BECOME A TOP DRONE SUPPLIER FOR THE DEPARTMENT OF DEFENSE, WITH A NEW PURCHASE ORDER FOR THE COMMANDER 3XL AND FLEX FPV SWARM DRONES. > "Drone warfare will be 'decisive' in future wars." - Times Radio Gone are the days of brute force – with boots on the ground deciding the outcome of war. A new era of aerial warfare has arrived. And defense and emergency services contractors supplying next generation drone technology could offer tremendous upside. That’s why we’re paying close attention to Draganfly (NASDAQ: DPRO) – a microcap stock that’s a fraction the size of bigger defense companies like Lockheed Martin, Boeing and Raytheon… But with unique advantages that could catapult company growth… and position it as a primary drone supplier to the U.S. Military. You see, a strategic partnership with Virtual Rehab Inc. (VRR) granted Draganfly a major competitive edge. VRR has become a go to resource for a variety of government projects, from virtual reality training systems, augmented reality operations systems, small, unmanned aircraft systems, and human-robotics interfaces. The DoD contractor just placed a purchase order for the Commander 3XL and the Flex FPV “First-Person-View” drones to be deployed within the DoD for various mission types. This Commander 3XL Drone System has been adapted to carry and transport swarms of the Flex FPV Drones, allowing for their remote, autonomous deployment. The innovative platform was developed for drone pilots, ground forces, and amphibious vehicle operators – and comes built-in with VRR’s Holowarrior software and “HellHive” technology that is an ideal fit for Draganfly’s cutting edge swarm drones. The integrated technology also will allow for interoperability between multiple vehicle types and with systems such as Atak (Android Tactical Assault Kit) and Nett Warrior. Draganfly’s FPV drones are known for their speed, maneuverability and “feeling” of immersion, providing a first person-view for the operator – almost like being inside a fighter jet cockpit. They’re also miniature in size, ranging from just 4 inches wide to 9 inches. Despite their small size, they pack a major punch. They’re capable of carrying payloads up to 6.5 pounds and traveling at speeds of nearly 100 miles an hour. In short, these specialized drones could be a game-changer for defense operations. They give the operator a unique ability to control the drone in real-time – opening new horizons for reconnaissance missions and tactical precision operations. And because they’re compact and highly maneuverable, Draganfly’s FPV drones can penetrate hard-to-reach and risky areas. DRAGANFLY DRONES ALSO HAVE ANOTHER USEFUL FEATURE: The sensors on Draganfly’s reconnaissance drones are extremely sensitive. Some of the higher-end models include magnetometers and ground-penetrating radar. Even the standard sensors on Draganfly’s recon units can see potentially just about everything that matters in a battle space. That potentially includes camouflaged humans, munitions and land mines. It even includes changes to vegetation and ground disturbances — to easily spot freshly dug ground. With the advanced analytics these drones have, coupled with powerful sensors, they not only tell you where mines potentially are. They can indicate where mines aren’t. In other words, these drones are sophisticated enough to help clear a field — with less to risk to human life or limb. 1. They can help detect metal mines or munitions with a quick thermal scan. 2. They can help detect mines made with wood and plastic by taking two thermal sweeps of an area — one in the morning and one in the evening — and then measuring temperature differences. 3. And they have the capacity to quickly scan an area— covering multiple acres in a single flight, helping mark areas safe, or helping mark mines to be dealt with later. No wonder the world of tomorrow is being built in the armies of today. And no wonder, when these armies need drones for intelligence, medical assistance, humanitarian missions, and emergency response, they are looking to turn to venerable Draganfly. DRAGANFLY SECURES STRATEGIC PARTNERSHIP WITH AUSTRALIA’S DRONE INSTITUTE JUST LAST MONTH, DRAGANFLY (NASDAQ: DPRO) ANNOUNCED NEWS OF A STRATEGIC PARTNERSHIP WITH THE DRONE INSTITUTE. If you’re unfamiliar, the Drone Institute is an established drone solution provider, that works hand in hand with the Australian government. This new collaboration comes at a critical time, as demand for advanced drone solutions are seeing substantial growth across Australia. As part of the partnership, Draganfly is invited to showcase their transformative drone technologies at the Land Forces International Land Defence Exposition this September. The event serves as the gateway to prime contractors in the defense, public safety, and leading enterprise sectors. The increased exposure, and the Drone Institute’s stamp of approval, should accelerate Draganfly’s entrance into Australia’s robust $760 billion defense market. This new partnership with the Drone Institute, Draganfly is well-positioned to take advantage of defense contracts and opportunities. These organizations only purchase and deploy drones that meet their rigorous standards, allowing Draganfly to be competitive for potential major new government deals. * It helps validates Draganfly’s safety and performance– helping verify these drones meet military’s highest standards for security and reliability, while also providing assurance and credibility to potential government and private military customers. * It increases the company’s reputation and trust– positioning Draganfly as a trusted and reputable drone maker capable of serving the most demanding missions. * And it confirms Draganfly’s position amongst the world’s leading drone developers. THE OLDEST DRONE COMPANY IN AMERICA DRAGANFLY IS THE OLDEST DRONE COMPANY IN AMERICA – FOUNDED IN 1998. With 25 years in the field, it’s the only company that possesses the expertise necessary to operate complex, critical missions. Like complex humanitarian missions in a warzone – such as the frontlines of Ukraine (but more on that in a minute). The company has also developed a life-saving artificial intelligence software, called Vital Intelligence. VITAL INTELLIGENCE COLLECTS DATA FROM SPECIALIZED SENSORS. Draganfly’s early advances in technology led it to become the first drone ever to save a human life. This happened in 2013, when an individual injured in an automobile accident wandered away from the crash site in subfreezing weather… Draganfly’s thermal imaging technology succeeded where ground teams and helicopters had failed. THE DRAGANFLYER X4-ES LOCATED THE INDIVIDUAL – DRESSED ONLY IN A T-SHIRT AND PANTS – IN THE LATER STAGES OF HYPOTHERMIA. Smithsonian Magazine called the event: “The most significant aeronautical revolution in decades.” 1 There’s even a Draganfly drone at the Smithsonian Museum to commemorate it. This historic, life-saving event changed the perspective on drones. Not only are they a fun ‘hobby’ for consumers, and a tool for military intelligence – but they can be crucial in medical logistics, humanitarian aid, search and rescue, wildfires, mine detection and so much more… Unlike most drones – none in the consumer market, and only a few outside governments – Draganfly drones can maintain strong, secure communication far past the line-of-sight, sending gigabytes of data back to the user. This allows Draganfly drones to operate from a safe distance, going places that aren’t yet safe for emergency personnel. This means they can point help in the right direction — giving a real-time assessment of needs on the ground. … Whether that’s during one of the projected 75,000 wildfires in the U.S.2, or providing critical assistance in a war zone. This capability was a key factor in why Draganfly was trusted to be first on the scene in the early days of the Russia-Ukraine war – and why it could be an essential component in Ukraine’s recovery efforts for years to come. IT’S MORE THAN A DRONE… IT’S ARTIFICIAL INTELLIGENCE “AI IS THE INVESTORS’ NEXT BIG THING” – THE INSTITUTION OF ENGINEERING AND TECHNOLOGY Listen, Draganfly isn’t just about top-tier drones with unmatched sensors… Built into each one of their airships is proprietary, advanced software that’s been fine tuned over the past 25 years – and this is what really sets Draganfly apart. Because at its core, Draganfly is a data company. You see, the company’s Vital Intelligence software – which controls the drone’s vast array of sensors and capabilities – is powered by specialized artificial intelligence. Artificial intelligence has been one of the hottest stories this year… and Draganfly (NASDAQ: DPRO, CSE: DPRO) is positioned right in the middle of it. “The global growth story of the 21st century” 4 GLOBAL GIANT PRICEWATERHOUSECOOPERS ESTIMATES A.I. COULD POTENTIALLY CONTRIBUTE $15.7 TRILLION TO THE GLOBAL ECONOMY BY 20305 – MORE THAN THE ECONOMIES OF JAPAN, GERMANY, FRANCE, AND THE UNITED KINGDOM… COMBINED6. Billionaires like Musk, Bezos, and Gates are already betting big on A.I., anticipating a potential colossal payday on the horizon.7 Take Microsoft’s $10 billion investment earlier this year in OpenAI – a tiny company that created ChatGPT, an artificial intelligence-driven chatbot. And while we’re just discovering how ChatGPT can help us at work… investors could potentially cash-in far greater gains from a much more valuable use of AI: saving lives IN FACT, DRAGANFLY’S LIFE-SAVING TECH IS ALREADY IN ACTION WITH THE SPRING BRANCH TEXAS EMS SERVICE, HELPING TO ASSIST WITH EMERGENCIES. IT’S HELPED GET SUPPLIES WHERE THEY’RE NEEDED SEVEN MINUTES FASTER ON AVERAGE. AND IT’S HELPING CUT DOWN ON EXPENSES RELATED TO FALSE ALARMS — WHICH MAKE UP ABOUT 20% OF ALL CALLS. That frees first responders up to get where they’re needed quicker. The market for these drones will expand to include everything from aiding local governments, to federal emergency response teams, and to family farms. INNOVATIVE USES IN OTHER MARKETS VERSATILITY IS AT THE CORE OF DRAGANFLY’S MISSION. RATHER THAN CREATE GENERIC DRONES WITH QUALITY SPECS, THE COMPANY HAS DEVELOPED A MORE PERSONALIZED BUSINESS MODEL. INSTEAD, THEY ASK THOSE ON THE GROUND WHAT THEY NEED, AND THEN DESIGN A DRONE PROGRAM TO FIT THE PURPOSE. RESOURCE EXPLORATION AND MINING INDUSTRIES WITH TIGHT MARGINS LIKE MINING ARE LEANING TOWARDS DRONES AS A VERSATILE, RELIABLE, AND COST-EFFECTIVE SOLUTION. DRAGANFLY (NASDAQ: DPRO,CSE: DPRO) WAS RECENTLY SELECTED BY FIRST ATLANTIC NICKEL CORP. TO HELP EXPLORE FOR WHAT COULD BE THE FIRST AWARUITE AND DISTRICT SCALE NICKEL PROJECT IN ATLANTIC CANADA. This has the potential to be a crucial domestic discovery – with nickel recently added to the USGS list of critical minerals for both infrastructure and defense industries. Learn more about First Atlantic Nickel (TSX:FAN, OTC:FANCF) here USING THEIR PROPRIETARY SURVEY TECHNOLOGIES AND SERVICES, INCLUDING MAGNETOMETERS AND GROUND-PENETRATING RADAR, DRAGANFLY INTENDS TO HELP THEM PROVE OUT THIS IMPORTANT RESOURCE WITH GREATER EFFICACY, AND AT DECREASED COST. Draganfly’s advanced drone sensors will be instrumental in identifying the strongest zones of awaruite nickel mineralization within the extensive Atlantic Nickel Project. Working with experts at First Atlantic, Draganfly’s drone, sensors and personnel have been specifically tailored to help maximize the potential success of this project. Adrian Smith, CEO of First Atlantic touted the significance of this strategic partnership, saying, > “This project has the potential to become a multi-deposit district-scale > project that could play a crucial role in securing North America’s critical > mineral supply chains. The project hosts awaruite, a unique nickel-iron alloy > mineral. Draganfly’s advanced drones will provide high-resolution data, > helping us pinpoint the most prospective awaruite zones. This data will be > crucial for our 2024 summer exploration and drilling programs, maximizing our > chances of making significant discoveries that contribute to the resilience of > North American nickel supply.” 12 INSURANCE WITH EXTREME WEATHER BECOMING MORE COMMON, INSURANCE COMPANIES ARE NOT ONLY TAKING A HIT ON PAYOUTS – BUT THEY’RE ALSO FEELING A PINCH IN MANPOWER. Equipped with a suite of sophisticated sensor technology, a Draganfly drone can easily cover hundreds of acres in 15 minutes. And so much more… Industries with tight margins like mining and construction are leaning towards drones as a versatile, reliable, and cost-effective solution. Let’s take a deeper dive into one area where Draganfly’s drones are already making a massive difference… AIDING A NATION UNDER FIRE DRONE FOOTAGE SHOWS NEW YORK CITY BLANKETED IN AN EERIE VEIL OF SMOKE FROM CANADA’S WILDFIRES.8 2023 isn’t even half way over… Yet wildfires have charred more than 10 million acres of land in Canada!9 It’s an unprecedented amount for this time of year.10 In fact, it’s 15-times more than normal.11 Bill Blair, Canada’s Minister of Public Safety, sent a grim warning to the country that these devastating events could continue to increase, “in both frequency and severity”. He added, > “I’d like to acknowledge the incredible human impact that these disasters have > on Canadians. Many have lost their homes, their livelihoods and, in some > cases, their entire communities.” 12 And guess what? Canada’s most severe, early wildfire season on record could be a terrifying preview of what’s to come in the U.S. this year… ACCORDING TO AN ANALYSIS BY VERISK, 4.5 MILLION HOMES ARE AT HIGH OR EXTREME RISK FROM WILDFIRES, WITH OVER 2 MILLION IN CALIFORNIA ALONE.13 BETWEEN 2022 AND 2023, WILDFIRES CAUSED OVER $3.2 BILLION IN DAMAGE ACROSS THE UNITED STATES.14 With analysts predicting a significant increase in wildfires in the coming years – governments, insurance companies, and residents alike are in search of a solution… A solution that will not only aid firefighters once a fire has broken out… But a solution that could stop wildfires before they happen. Potentially saving homes – and the livelihoods – of millions of people. Enter Draganfly Inc. (NASDAQ: DPRO, CSE: DPRO), a cutting-edge unmanned aerial vehicle (UAV) and technology provider. Its drones can patrol forests from above, covering more ground at a lower cost than today’s methods. And its advanced thermal imaging technology can measure both rising temperatures and declining moisture content with enough precision to identify potential hot spots and act as an early-warning system – in real-time. This vital intel gives firefighters the chance to act before flames ignite, allowing them an opportunity to clear high-risk brush or water down high risk areas. Draganfly’s drones could be a game-changer in our fight against this growing problem. ITS COMMANDER 3 XL DRONES – KNOWN AS THE SWISS ARMY KNIFE OF DRONES – IS THE PERFECT CHOICE FOR FLYING OVER FIRE-SUSCEPTIBLE AREAS. * IT IS WEATHER RESISTANT, EASY TO ASSEMBLE AND TRANSPORT, IS HIGH-ENDURANCE… * AND IT CAN PROVIDE CRUCIAL INTEL AFTER A FIRE HAS BROKEN OUT – TO TELL AUTHORITIES WHERE THE FIRE IS, HOW BIG IT IS, AND WHERE IT IS MOVING – PROVIDING KEY DATA WHEN FIGHTING MASSIVE BLAZES AT FAR LOWER COSTS THAN HELICOPTERS OR PLANES. DRAGANFLY’S HEAVY LIFT DRONES CAN ALSO BE AN INVALUABLE RESOURCE TO FIREFIGHTERS ON THE GROUND, BATTLING A WILDFIRE. * THE HEAVY LIFT DRONES CAN FLY UP TO 50 MPH AND CAN CARRY PAYLOADS UP TO 67 POUNDS… * AND THEY CAN HANDLE HEAVY WINDS AND HIGH ELEVATIONS WITH EASE. That means these drones can provide necessary tools – like chainsaws, shovels, picks, clothing, water, medical supplies and more – to firefighters on the ground in hazardous conditions within minutes instead of hours or more with an ATV (if even possible at all), or an expensive and dangerous mission for a helicopter. AGRICULTURE AGRICULTURE IS THE LARGEST SEGMENT OF THE ENTERPRISE DRONE MARKET – AND IT KEEPS GETTING BIGGER. Draganfly’s drones are already in action across North America – patrolling miles of farmland. They’re monitoring irrigation, looking for crop diseases, spotting areas where pesticides or fertilizer need to be reapplied, and much more. THE COMPANY HAS BEEN SO SUCCESSFUL THAT IN 2021 THE U.S. DEPARTMENT OF AGRICULTURE SELECTED THE DRAGANFLY COMMANDER FOR DATA COLLECTION AND PHENOTYPING. THAT’S WHY NASDAQ-LISTED DRAGANFLY INC (NASDAQ: DPRO, CSE: DPRO) HAS ENORMOUS POTENTIAL… This growing $3.2 billion problem in the U.S. – and even more in Canada – opens up a huge opportunity for Draganfly. ACCUWEATHER PROJECTS THERE COULD BE UP TO 75,000 WILDFIRES IN THE U.S. THIS YEAR, BURNING UP TO 8.25 MILLION ACRES OF LAND.15 AND IN CANADA, WILDFIRES HAVE ALREADY BURNED OVER 10 MILLION ACRES, AND THERE ARE CURRENTLY OVER 400 ACTIVE FIRES16… DRAGANFLY’S DRONES AND ADVANCED TECHNOLOGY HAVE THE POTENTIAL TO: 1. Predict where a fire is likely to occur, 2. Instantly alert governments and fire rescue teams to the danger so they can take immediate action, 3. Quickly map a fire once one has broken out, 4. Provide critical data on the direction and size of the fire, 5. Aid firefighters and first responders by delivering supplies to dangerous areas, 6. Locate lost or stranded individuals with thermal imaging in fire-affected areas, 7. Create a post-fire analysis to survey damage and identify hot spots that could reignite, 8. Gather data for future fire prevention strategies, and 9. Monitor wildlife in the aftermath of a wildfire to assess the impact on local ecosystems. The possibilities? Endless. The lifesaving impact? Immense. With proven technology, trusted expertise, and an unrivaled reputation – Draganfly is poised to become a leading ally in our battle against wildfires. DON’T MISS THIS FAST-GROWING MARKET THIS IS A FAST-GROWING MARKET WITH A STAGGERING COMPOUND ANNUAL GROWTH RATE – OF 57.5% PROJECTED THROUGH 2030.17 Listen, the opportunity for drones is enormous… FORBES CALLS IT A “DRONE EXPLOSION”.18 “A MARKET OPPORTUNITY THAT’S TOO LARGE TO IGNORE”.19 “THE USA DRONE INDUSTRY IS PREDICTED TO THRIVE”.20 WITH STATS LIKE THESE, IT’S A MARKET INVESTORS CAN’T AFFORD TO MISS. Which is why you should pay close attention to Draganfly (NASDAQ: DPRO, CSE: DPRO). * The award-winning team at Draganfly is composed of industry leaders with decades of experience in robotics, aviation, and engineering. * The company stands out from the rest because it has the know-how, intellectual property (IP), and infrastructure to provide world-class end-to-end solutions. * And demand for their high-quality drones is skyrocketing… From 2019 to 2020, Draganfly more than DOUBLED its revenue. From 2020 to 2021, year-over-year sales increased by a staggering 61.67%. And last year, in 2022, Draganfly maxed-out its production capacity… reporting another record year of revenue. But Draganfly isn’t done creating shareholder value through consistent revenue growth yet… Because the company is putting the finishing touches on a massive manufacturing plant expansion. IN FACT, MANAGEMENT BELIEVES THE FACILITY’S EXPANSION COULD INCREASE CAPACITY UP TO 4 TIMES THEIR CURRENT LEVELS – RESULTING IN A MASSIVE INCREASE IN REVENUE. Draganfly (NASDAQ: DPRO, CSE: DPRO) could become the most desirable, fastest growing drone company out there. 6 REASONS DRAGANFLY (NASDAQ: DPRO, CSE: DPRO) IS POSITIONED TO SOAR 1. A Growing $3.2 Billion Problem. Draganfly Inc. (NASDAQ: DPRO, CSE: DPRO) has the equipment and advanced technology necessary to assist governments and emergency authorities to potentially prevent, contain, and stop the growing wildfire problem in the U.S. and Canada. 2. Critical DOD Certification.Draganfly just announced three of its premier drone systems just completed demonstrations, evaluations and training to over 200 members of the U.S. Special and Conventional forces and select international attendees. This unique advantage that could catapult company growth… and position it as a primary drone supplier to the S. Military. 3. Impressive Firsts. The Draganflyer X4-ES was the first drone credited with saving a human life. In 2013, the Draganfly drone helped Canadian officials locate an injured driver in a heavily wooded area who was in the late stages of hypothermia. The drone is commemorated in the Smithsonian National Air and Space Museum, and remains on permanent display. 4. Artificial Intelligence. Draganfly leverages advanced technology, including artificial intelligence, to create life-saving drones and solutions. 5. Facility Expansion. Draganfly has consistently increased revenue, and even maxed-out its production capabilities in 2022. The Company is currently putting their finishing touches on a facility expansion that could increase capacity up to 4 times – resulting in another massive increase in revenue. 6. A Growing Market. The drone market is projected to soar – literally. It has a projected annual growth rate of 57.5% through 2030. And with so many different applications for a variety of industries, it’s not surprising. This could be just the beginning for Draganfly Inc. (NASDAQ: DPRO, CSE: DPRO). IMPORTANT NOTICE AND DISCLAIMER This article is a paid advertisement. Think Ink Marketing and its owners, managers, employees, and assigns (collectively “the Publisher”) is often paid by profiled companies or third parties to organize marketing campaigns, which include the creation and dissemination of these types of communications. In this case, in an effort to enhance public awareness of Draganfly Inc. (“DPRO”) and its securities, DPRO has provided the Publisher with a budget of approximately $50,000.00 USD to cover the costs associated with creating and distribution of this communication. The Publisher may retain any excess sums after expenses as its compensation. This compensation should be viewed as a major conflict with our ability to be unbiased. Readers should beware that third parties, profiled companies, and/or their affiliates may liquidate shares of the profiled companies at any time, including at or near the time you receive this communication, which has the potential to hurt share prices. Frequently companies profiled in our articles experience a large increase in volume and share price during the course of investor awareness marketing, which often ends as soon as the investor awareness marketing ceases. The investor awareness marketing may be as brief as one day, after which a large decrease in volume and share price may likely occur. This communication is not, and should not be construed to be, an offer to sell or a solicitation of an offer to buy any security. Neither this communication nor the Publisher purport to provide a complete analysis of any company or its financial position. The Publisher is not, and does not purport to be, a broker-dealer or registered investment adviser. This communication is not, and should not be construed to be, personalized investment advice directed to or appropriate for any particular investor. Any investment should be made only after consulting a professional investment advisor and only after reviewing the financial statements and other pertinent corporate information about the company. Further, readers are advised to read and carefully consider the Risk Factors identified and discussed in the advertised company’s SEC, SEDAR and/or other government filings. Investing in securities, particularly microcap securities, is speculative and carries a high degree of risk. Past performance does not guarantee future results. This communication is based on information generally available to the public and on interviews with company management, and does not (to the Publisher’s knowledge, as confirmed by DPRO) contain any material, non-public information. The information on which it is based is believed to be reliable. Nevertheless, the Publisher cannot guarantee the accuracy or completeness of the information. SHARE OWNERSHIP. The Publisher does not own any shares of any profiled company DPRO and has no information concerning share ownership by others of in the profiled company DPRO. The Publisher cautions readers to beware that third parties, profiled companies, and/or their affiliates may liquidate shares of the profiled companies at any time, including at or near the time you read the articles on this website and this has the potential to hurt share prices. Frequently companies profiled in such articles experience a large increase in volume and share price during the course of investor awareness marketing, which often ends as soon as the investor awareness marketing ceases. FORWARD LOOKING STATEMENTS. This publication contains forward-looking statements, including statements regarding expected continual growth of the featured companies and/or industry. The Publisher notes that statements contained herein that look forward in time, which include everything other than historical information, involve risks and uncertainties that may affect the companies’ actual results of operations. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to DPRO industry; (b) market opportunity; (c) DPRO business plans and strategies; (d) services that DPRO intends to offer; (e) DPRO milestone projections and targets; (f) DPRO expectations regarding receipt of approval for regulatory applications; (g) DPRO intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) DPRO expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute DPRO business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) DPRO ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) DPRO ability to enter into contractual arrangements; (e) the accuracy of budgeted costs and expenditures; (f) DPRO ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption as a result of COVID-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of DPRO to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) DPRO operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as the COVID-19 pandemic may adversely impact DPRO business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing DPRO business operations (e) DPRO may be unable to implement its growth strategy; and (f) increased competition. 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FORWARD LOOKING INFORMATION This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect expectations regarding Draganfly Inc. future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to Draganfly Inc. industry; (b) market opportunity; (c) Draganfly Inc. business plans and strategies; (d) services that Draganfly Inc. intends to offer; (e) Draganfly Inc. milestone projections and targets; (f) Draganfly Inc. expectations regarding receipt of approval for regulatory applications; (g) Draganfly Inc. intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) Draganfly Inc. expectations with regarding its ability to deliver shareholder value. 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Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of Draganfly Inc. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) Draganfly Inc. operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as the COVID-19 pandemic may adversely impact Draganfly Inc. business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Draganfly Inc. business operations (e) Draganfly Inc. may be unable to implement its growth strategy; and (f) increased competition. Except as required by law, the Website Host undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise. HISTORICAL INFORMATION Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of Draganfly Inc. or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of Draganfly Inc. or such entities and are not necessarily indicative of future performance of Draganfly Inc. or such entities. COMPANY SPOTLIGHT * Draganfly Inc. 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