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Wednesday, February 8, 2023

What Is Causing Draganfly (DPRO) Stock to Rise Nearly 16% Today?

Following the announcement that a major platform had chosen Draganfly Inc. (Nasdaq: DPRO), a provider of drone solutions and systems, to get its safety technology, the company’s stock price increased 16.32% to $1.07 in the current market on Tuesday.

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What contributed to the choice of DPRO?

Today, Draganfly (DPRO) announced that the PromoDrone platform for emergency management has chosen to use its Public Safety technology. The next version of PromoDrone’s safety drone and digital enclosure package will be developed with the help of Draganfly’s product development and production skills. DPRO will include the enclosure on the Commander 3XL aerial system in addition to providing its adaptable multirotor UAV technology.

The Commander 3XL by DPRO is a modular, adaptable UAV that can transport payloads up to 26 pounds in weight. The digital casing for the PromoDrone of the future will be equipped with sensors that can communicate, transmit live video feeds, and gather data. International emergency activities have been supported by Draganfly for a very long time. The business has produced ground-breaking software, artificial intelligence (AI), and drone solutions for more than two decades, all of which have improved public safety.

PromoDrone has been collaborating with Draganfly to expand its fleet of public safety drones because the company is dedicated to innovation and opportunity and believes that success depends on its capacity to remain competitive, forward-thinking, and results-driven while cultivating a valuable ecosystem of brands, agencies, and platform operators.

Draganfly has 20 years of experience in North America producing drones for public safety, and drone technology is opening up a new frontier in risk management for big events. In order to speed up reaction times, enhance situational awareness, and boost general public safety during major events or emergency situations, DPRO will collaborate with PromoDrone and share its creative ideas.

Another significant DPRO action:

Yesterday, Agtegrity, an agronomy consulting company that works with California farmers on soil fertility and pest control, was revealed by Draganfly to be standardizing on the Commander 3 XL drone platform. Draganfly (DPRO), a pioneer in the construction of commercial drones for agriculture, created the Commander 3 XL as a one-stop shop to enhance how businesses run. The Commander 3 XL will aid DPRO in enabling its partners to maximize output by reviewing inventories, managing their fields, and keeping track of how environmental conditions affect agricultural yields.

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