24/7 Market News Snapshot 12 Aug 2024 – Draganfly Inc. Common Shares (NASDAQ: DPRO)

Press Release

DENVER, Colo., 12 August, 2024 (247marketnews.com) – (Nasdaq:DPRO) are discussed in this article.
Draganfly Inc. has experienced a notable upsurge in its pre-market trading, with its stock climbing to $0.124 from the previous close of $0.1, reflecting a significant 23% increase. This rise is accompanied by a substantial trading volume of 11.9 million, indicating strong investor interest and a potential rally for the drone technology leader. Against this backdrop of financial momentum, Draganfly’s strategic moves are drawing considerable market attention.

In a pivotal development, Draganfly Inc. has entered into a strategic partnership with The Institute for Drone Technology, aimed at expanding its presence in the drone technology sector within the Australian government and enterprise markets. The Institute for Drone Technology will act as a value-added distributor for Draganfly’s advanced UAV solutions, utilizing its established expertise and extensive network.

This alliance underscores Draganfly’s commitment to innovation and market expansion. Cameron Chell, CEO of Draganfly, expressed enthusiasm about the partnership, emphasizing its potential to enhance the distribution and application of Draganfly’s state-of-the-art drone technology. Their UAV solutions are renowned for superior aerial imaging, data collection, and real-time analytics, promising to meet the rigorous demands of diverse sectors.

The Institute for Drone Technology stands to enhance its service offerings leveraging Draganfly’s cutting-edge products. This collaboration is poised to deliver comprehensive drone solutions tailored to the needs of Australian enterprises and government bodies, thereby driving efficiency and safety with advanced technological capabilities.

Building on this strategic alliance, Draganfly continues to solidify its position as a leading entity in the UAV industry. Through strategic partnerships and pioneering solutions, the company is well-placed to expand its global reach and drive further advancements in drone technology. This evolution marks a significant step in Draganfly’s mission to remain at the forefront of the UAV market, delivering valuable innovations across various industries.

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