Draganfly Announces Closing of US$25.0 Million Registered Direct Offering
Draganfly's Offering Announcement: Draganfly Inc. has successfully closed a registered direct offering of 4,672,895 units at $5.35 per unit, raising approximately $25 million for general corporate purposes, including product development and marketing.
Company Background: Draganfly is a leader in drone technology and robotics, with over 25 years of experience, focusing on solutions for various sectors such as public safety, agriculture, and industrial inspections.
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- Offering Size: Draganfly has priced a registered direct offering for 7.15 million common shares at $7.00 per share, with gross proceeds expected to be approximately $50 million, providing crucial funding for the company's operations.
- Use of Proceeds: The net proceeds are intended for general corporate purposes, including enhancing capabilities to meet demand for new products, ongoing development and marketing of core products, potential acquisitions, and R&D investments, indicating the company's focus on future growth.
- Closing Timeline: The offering is expected to close on or about February 27, 2026, reflecting the company's active engagement in capital markets and confidence in future developments.
- Market Outlook: Draganfly's drones are set to assist in Sweden's search and rescue operations, showcasing the practical application potential of its products while also highlighting significant shifts anticipated in the U.S. drone market following the FCC ruling.

Drone Industry Evolution: The drone industry is evolving beyond traditional airframes, focusing on data intelligence and operational capabilities, with companies like Draganfly positioning themselves as leaders in this transformation.
Market Optimism: Draganfly's stock has been trading positively, with optimistic projections from analysts, highlighting the company's potential in the drone market as it expands its manufacturing capabilities in North America.
Government Initiatives: The Pentagon's "Drone Dominance" initiative aims to deliver 300,000 small drones over the coming years, emphasizing the importance of domestic production and security in the drone sector.
Commercial Applications: The commercial use of drones is gaining traction, with applications in public safety and industrial markets, showcasing their ability to replace traditional, riskier methods of operation.
- Defense Budget Increase: The U.S. Congress has passed an $839 billion defense spending bill, marking the Pentagon's first full-year appropriation since fiscal 2024, with $9.8 billion specifically allocated for autonomous and unmanned systems, highlighting a commitment to modern military technology.
- IT Budget Growth: The Department of Defense's IT budget reached $66 billion, reflecting an $1.8 billion increase from 2025, with every service branch increasing its AI allocations, particularly the Navy, which added $308 million, a 22.7% year-over-year increase, indicating a pressing demand for intelligent technologies.
- Quantum Computing Platform Development: VisionWave Holdings has entered into a $10 million Statement of Work to develop a cryptocurrency mining acceleration platform based on QuantumSpeed, with full revenue recognition expected in 2026, aimed at reducing mining costs by optimizing existing infrastructure and enhancing unit economics.
- Drone Cleaning Solutions: VisionWave's subsidiary, Solar Drone, is advancing business development for drone cleaning solutions in Italy, showcasing the real-world performance of its patented high-pressure drone payload system, further solidifying its growth potential in Middle Eastern markets.
- Defense Budget Increase: Congress passed an $839 billion defense spending bill, marking the Pentagon's first full-year appropriation since fiscal 2024, with $9.8 billion allocated specifically for autonomous and unmanned systems, highlighting a commitment to modern military technology.
- IT Budget Growth: The Department of Defense's IT budget reached $66 billion, reflecting an $1.8 billion increase from 2025, with every service branch boosting AI allocations, particularly the Navy, which added $308 million, a 22.7% year-over-year increase, indicating a pressing demand for intelligent combat capabilities.
- Quantum Computing Platform Development: VisionWave Holdings signed a $10 million Statement of Work to develop the qSpeed-Mine platform, aimed at significantly reducing mining costs by optimizing existing infrastructure scheduling and coordination, with full revenue recognition expected in 2026.
- Drone Cleaning Solutions: VisionWave's subsidiary Solar Drone conducted live demonstrations of its high-pressure drone cleaning system in Italy, advancing business development in select Middle Eastern markets, showcasing the company's technological strength and market expansion potential in the unmanned systems sector.







