Los Angeles, CA. – Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (Draganfly or the Company), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce the launch of its new North American-made Heavy Lift and Commander 3 XL Drones.
Draganfly's Heavy Lift Drone is a versatile, industrial, multirotor unmanned aerial vehicle (UAV) that is designed to lift more and fly further. Capable of automated missions and manual flight operations, the Company's heavy-duty, robust UAV has a payload lift capacity of 67 pounds and up to 55 minutes of flight time.
Draganfly's Commander 3 XL Drone is a high-endurance, weather-resistant, multirotor UAV that is designed for easy assembly and rapid deployment. The Swiss Army Knife of drones is capable of drop and winch-down systems to transport up to 26 pounds of payload. It performs extremely well in light rain and snow.
Both Draganfly's Heavy Lift and Commander 3XL Drones are compatible with a variety of interchangeable payloads, including optical and thermal imaging solutions, specialized delivery containers, and the Company's Long Range LiDAR system.
According to a recent report by Verified Market Research, the global drone services market size is projected to reach $60.67 billion USD by 2028 with a compound annual growth rate (CAGR) of nearly 24%. Demand for drone services is rapidly increasing as more businesses recognize the potential of UAV technology across different industry verticals.
As drone use continues to rise, industry leaders are looking for sophisticated solutions that are versatile, reliable, and secure. Our Heavy Lift and Commander 3 XL Drones will help a variety of major markets improve their business outputs and profitability, said Cameron Chell, President and CEO of Draganfly.
For more information on Draganfly's products and services, please click here.
About Draganfly
Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8) is the creator of quality, cutting-edge drone solutions, software, and AI systems that revolutionize the way organizations can do business and service their stakeholders. Recognized as being at the forefront of technology for over 20 years, Draganfly is an award-winning industry leader serving the public safety, public health, mining, agriculture, industrial inspections, security, mapping, and surveying markets. Draganfly is a company driven by passion, ingenuity, and the need to provide efficient solutions and first-class services to its customers around the world with the goal of saving time, money, and lives.
For more information on Draganfly, please visit us at: www.draganfly.com.
For additional investor information, visit https://www.thecse.com/en/listings/technology/draganfly-inc, https://www.nasdaq.com/market-activity/stocks/dpro or https://www.boerse-frankfurt.de/equity/draganfly-inc-1.
Media Contact
Arian Hopkins
Email: media@draganfly.com
Company Contact
Email: info@draganfly.com
Forward-Looking Statements
This release contains certain forward looking statements and certain forward-looking ŽŽŽŽinformation as ŽŽŽŽdefined under applicable Canadian securities laws. Forward-looking statements ŽŽŽŽand information can ŽŽŽŽgenerally be identified by the use of forward-looking terminology such as ŽŽŽŽŽmay, will, expect, intend, ŽŽŽŽŽestimate, anticipate, believe, continue, plans or similar ŽŽŽŽterminology. Forward-looking statements ŽŽŽŽand information are based on forecasts of future ŽŽŽŽresults, estimates of amounts not yet determinable and ŽŽŽŽassumptions that, while believed by ŽŽŽŽmanagement to be reasonable, are inherently subject to significant ŽŽŽŽbusiness, economic and ŽŽŽŽcompetitive uncertainties and contingencies. Forward-looking statements ŽŽŽŽinclude, but are not ŽŽŽŽlimited to, statements with respect to the Company's Heavy Lift Drone and the global drone services market. Forward-ŽŽŽŽlooking statements and information are subject to various Žknown ŽŽand unknown risks and ŽŽŽŽŽuncertainties, many of which are beyond the ability of the Company to Žcontrol or ŽŽpredict, that ŽŽŽŽmay cause Žthe Company's actual results, performance or achievements to be Žmaterially ŽŽdifferent ŽŽŽŽfrom those Žexpressed or implied thereby, and are developed based on assumptions Žabout ŽŽsuch ŽŽŽŽrisks, uncertainties Žand other factors set out here in, including but not limited to: the potential ŽŽŽŽŽŽŽimpact of epidemics, Žpandemics or other public health crises, including the current outbreak of ŽŽŽŽthe novel ŽŽŽcoronavirus known as ŽCOVID-19 on the Company's business, operations and financial ŽŽŽŽcondition, the ŽŽŽsuccessful integration of Žtechnology, the inherent risks involved in the general ŽŽŽŽsecurities markets; ŽŽŽuncertainties relating to the Žavailability and costs of financing needed in the ŽŽŽŽfuture; the inherent ŽŽŽuncertainty of cost estimates and the Žpotential for unexpected costs and ŽŽŽŽexpenses, currency ŽŽŽfluctuations; regulatory restrictions, liability, Žcompetition, loss of key ŽŽŽŽemployees and other related risks ŽŽŽand uncertainties disclosed under the Žheading Risk Factors ŽŽŽŽin the Company's most recent filings filed ŽŽŽwith securities regulators in Canada on Žthe SEDAR ŽŽŽŽwebsite at www.sedar.com. The Company undertakes ŽŽŽno obligation to update forward-Žlooking ŽŽŽŽinformation except as required by applicable law. Such forward-ŽŽŽlooking information represents ŽŽŽŽŽmanagements' best judgment based on information currently available. ŽŽŽNo forward-looking ŽŽŽŽstatement Žcan be guaranteed and actual future results may vary materially. ŽŽŽAccordingly, readers ŽŽŽŽare advised not to Žplace undue reliance on forward-looking statements or ŽŽŽinformation.Ž
