Draganfly Inc secures Army contract to develop AI-powered counter-drone system with F4 Defense

Draganfly wins Army contract for counter-drone system By Investing.com

TAMPA, Florida - Draganfly Inc. (NASDAQ:DPRO) announced today that it has been selected by DEVCOM Army Research Laboratory for a development contract to create a counter-unmanned aircraft system platform. The company, which currently trades at $5.27 with a market capitalization of $186.76 million, has seen its stock surge nearly 188% over the past year. The contract, awarded to Draganfly and F4 Defense International, focuses on developing a modular system designed to detect, identify, track, target, and defeat hostile drones in operational environments, according to a press release statement. The platform will integrate Draganfly's tethered aerial platform technology with identification, targeting, and defeat system architectures. The system is designed to include persistent tethered airborne surveillance and targeting, AI-enabled drone identification and tracking, real-time situational awareness, integrated electronic and kinetic defeat coordination capabilities, and rapid deployment architecture for expeditionary and fixed-site operations. "Low-cost drones have become one of the most disruptive asymmetric threats facing military forces, governments, and critical infrastructure operators globally," said Cameron Chell, CEO of Draganfly.The contract comes as Draganfly demonstrates strong revenue momentum, with growth of 25% in the last twelve months. According to InvestingPro analysis, analysts anticipate continued sales growth in the current year, though the company maintains a "WEAK" financial health score. Investors should note that the stock trades with high price volatility, having ranged from $1.63 to $14.40 over the past 52 weeks. For deeper insights into Draganfly's financial position and growth prospects, InvestingPro offers 11 additional exclusive tips along with comprehensive financial metrics. Dave Fairfax, COO of F4DI, stated the collaboration is focused on delivering a scalable solution designed around modern drone warfare realities by combining persistent aerial sensing, intelligent targeting, and coordinated defeat capabilities. The initial contract phase is expected to focus on systems integration, operational capability development, and field evaluation activities. F4DI is an SBA HUBZone certified small business specializing in research, design, and development of advanced technology solutions for the Department of War. Draganfly develops drone solutions and systems for public safety, civil, military, agriculture, industrial inspection, security, mapping, and surveying markets. The press release cited industry research projecting the global Counter-UAS market to grow to more than $20 billion by 2030. Analysts have set price targets for DPRO ranging from $8.98 to $19.85, reflecting optimism about the company's positioning in this expanding market. In other recent news, Draganfly Inc. reported a 49.8% year-over-year increase in revenue for the first quarter of 2026, reaching CAD 2.3 million. This surge in revenue aligns with the company's strategic expansions and increased military partnerships. Draganfly also announced a definitive asset purchase agreement to acquire Skip Dynamix Corporation's drone technology business for up to $7.5 million. This acquisition is part of Draganfly's efforts to expand its capabilities into adjacent defense markets. Following this acquisition, Needham reiterated its Buy rating on Draganfly with a price target of $12.00. Additionally, Draganfly was selected by DEVCOM Army Research Laboratory for a counter-unmanned aircraft system development contract. The company, in collaboration with F4 Defense International, will focus on systems integration and operational capability development. Furthermore, Draganfly launched the Draganfly Blitz payload platform in partnership with Blitz Technologies, serving as the exclusive integrator and distributor across North America and the Americas market. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Draganfly, F4 Defense International Secure Contract From DEVCOM Army Research Laboratory

Draganfly Inc. is a Canada-based company. The Company is a provider of drone solutions, Artificial intelligence (AI) driven software, and robotics. The Company provides solutions for public safety, agriculture, industrial inspections, security, mapping, and surveying. Its products include Apex, Commander 3XL, Heavy Lift Drone, Flex FPV, Commander 3XL Hybrid, Starling X.2, Payloads and Sensors, Draganflyer Commander2, Software, Precision Delivery System, Legacy Products and Projects, and Development Projects. Its services include custom engineering and drone services. Its engineering services include Hardware design, software design, development, modeling, ITAR equipment management, and support. Its drone services include aerial inspections, surveying and terrain mapping, emergency and disaster response, and landmine detection surveys. Its segments include Drones and Corporate. The Drones segment includes products and services related to the sale of unmanned aerial vehicles (UAV).