
Draganfly Inc. (NASDAQ:DPRO, CSE: DPRO) just announced a new partnership and expansion that could catapult the company’s sales… And hand investors their biggest win of the year.
Listen, this could be one of the hottest investment opportunities of 2023…
Forbes calls it a “Drone Explosion”.1

“A market opportunity that’s too large to ignore”.2

“The USA drone industry is predicted to thrive”.3

With a staggering compound annual growth rate of 57.5% projected through 2030,4 drone technology is a fast-growing market investors can’t afford to miss.
In fact, Forbes calls drones the potential “future of business”.5
The opportunity for investors here is enormous. So if you allow me the next few minutes, I’ll tell you why one high-flying stock, Draganfly (NASDAQ:DPRO, CSE:DPRO) could become the most desirable, fastest growing drone company out there.
I’ll also share with you the company’s “A.I. superpower” – how this proprietary technology sets Draganfly (DPRO:NASD) apart from all other drone companies… and how it could be the key that hands investors their biggest win of the year.

Draganfly is the oldest drone company in America, founded in 1998. With 25 years in the field, it’s built a reputation as one of the most trusted, innovative brands in the industry. And demand for their high-quality drones is skyrocketing…
From 2019 to 2020, Draganfly more than DOUBLED its revenue. From 2020 to 2021, year-over-year sales increased by a staggering 61.67%. And last year, in 2022, Draganfly maxed-out its production capacity… reporting another record year of revenue.

According to the global management firm McKinsey & Company, “revenue growth is a critical driver of corporate performance”. And through a 15-year study of 5,000 companies, McKinsey & Company reaffirmed that an increase of revenue correlates to an increase in total shareholder returns.6
But Draganfly isn’t done creating shareholder value through consistent revenue growth yet, because…
The Company is Putting The Finishing Touches on a Massive Manufacturing Plant Expansion

In fact, management believes the facility’s expansion could increase capacity up to 4 times their current levels – resulting in a massive increase in revenue.
According to Paul Mullen, Draganfly’s COO,
“The additional production space is necessary to meet demand and will allow for expanded and faster production.”
With the larger facility, Draganfly will now be able to manufacture UAV systems and components more efficiently, which will help the company meet demand based on existing client orders while also better serving its global customers.
The additional production will include orders for its popular new Draganfly Heavy Lift, Commander 3XL, and Long-Range LiDAR drones, along with its Situation Assessment drones and Reconnaissance drones, which have been instrumental in Ukraine. But more on Ukraine later…
With multiple strategic partnerships, new products, and an expanded production and manufacturing facility… things are really about to heat-up.
Draganfly also just announced a major new partnership that could catapult the company’s growth and have a tremendous impact for investors.
Listen, if you want to get a piece of the action (by securing an early position), you need to act now… before it’s too late.
Draganfly Signs Deals with Codan Communications to Provide UAV Technology for Government and Defense Customers
Codan Communications, a global technology company, has selected Draganfly’s UAV platform to integrate as a premium communications solution for its government and defense customers.
Codan Communication serves over 150 countries and provides tactical, military, humanitarian, peacekeeping, public safety, security, and commercial solutions within some of the harshest environments around the world.
Draganfly was selected by Codan for its industry-leading technology that can provide unique support, handle a diverse range of payload cases, and create turnkey solutions to meet the customer’s specific needs.
Cameron Chell, President and CEO of Draganfly, says it’s
“An incredible honor and an important milestone” to be selected by Codan, “as Codan is a demonstrated global leader in radio and communication technology.”
But not only is it an incredible honor… It’s also an incredible opportunity.
Because management believes the partnership will greatly expand its sales network. It will be able to leverage Codan’s BILLION DOLLAR existing customer base, and generate new contracts with commercial entities and government agencies around the world.
This new partnership deal could send revenue skyrocketing…
And it’s all because Draganfly has a secret weapon – an advantage over its competitors – with its proprietary artificial intelligence technology.
“AI is the Investors’ Next Big Thing” 7

The World Economic Forum is calling A.I. “the global growth story of the 21st century.”8

PriceWaterhouseCoopers, the second-largest professional services network in the world,9 estimates A.I. could potentially contribute $15.7 Trillion to the global economy by 203010 – more than the economies of Japan, Germany, France, and the United Kingdom… combined.11
And Draganfly (DPRO:NASDAQ) is positioned right in the middle of it.
Billionaires like Musk, Bezos, and Gates are already plowing fortunes into AI, positioning themselves for what could be a major payday in the coming years.12
In fact, Microsoft confirmed earlier this year that it made a $10 billion investment in OpenAI – the tiny company that created ChatGPT, an artificial intelligence-driven chatbot.
But while having some AI bot write your next work email is kind of cool, investors could potentially cash-in far greater gains from a much more valuable use of AI: saving lives.
That’s where NASDAQ-listed Draganfly Inc (NASDAQ: DPRO) has enormous potential…

You see, the company has developed a life-saving artificial intelligence software, called Vital Intelligence. Vital Intelligence collects data from specialized thermal imaging, LIDAR, optical, and multispectral radio wave sensors, and analyzes it using machine learning to spot people in need – faster.
In fact, Draganfly was the first drone ever to save a human life.
It happened in 2013 when an individual injured in an automobile accident wandered away from the crash site in subfreezing weather… Draganfly’s thermal imaging technology succeeded where ground teams and helicopters failed.

The Draganflyer X4-ES located the individual in the later stages of hypothermia, dressed only in a t-shirt and pants.
Smithsonian Magazine called the event:
“The most significant aeronautical revolution in decades.” 13![]()
This historic, life-saving event changed the perspective on drones. Not only are they a fun ‘hobby’ for consumers, and a tool for military intelligence – but they can be crucial in medical logistics, humanitarian aid, search and rescue, mine detection and so much more…
Unlike most drones – none in the consumer market, and only a few outside governments – Draganfly drones can maintain strong, secure communication far past the line-of-sight, sending gigabytes of data back to the user.
This allows Draganfly drones to operate from a safe distance, going places that aren’t yet safe for emergency personnel. This means they can point help in the right direction — giving a real-time assessment of needs on the ground, or at sea.
This capability was a key factor in why Draganfly was trusted to be first on the scene in the early days of the Russia-Ukraine war – and why it could be an essential component in Ukraine’s recovery efforts for years to come.
Draganfly’s Critical Impact in Ukraine

Draganfly is a growing trusted provider within the Ukrainian government, as well as NGOs and numerous emergency response teams, to provide essential equipment and solutions to Ukraine.

In fact, the company’s leadership has visited Ukraine twice since the war broke out, and is currently working on the ground with multiple NGOs for humanitarian efforts.
That’s because Draganfly’s dedicated medical drones are capable of carrying payloads up to 30 pounds. They can deliver everything from first aid kits to plasma and blood, to emergency supplies.
And with the drone’s advanced technology, they can easily get to places that ambulances or other emergency services can’t.
The demand for these state-of-the-art solutions is mounting as donations pour into Ukraine from across the globe:
- USAID has raised more than $1 billion for Ukraine in humanitarian aid.
- The US government ups that commitment to $1.5 billion — dedicated solely to humanitarian aid.
- The EU has pledged over $500 million for humanitarian aid in Ukraine.
- And a number of other countries are contributing smaller amounts to the humanitarian effort as well — like Canada, with $75 million to date.
Altogether, it’s well over $2 BILLION pledged purely for humanitarian aid in Ukraine — with more likely on the way.
And Draganfly drones come at an affordable price, considering the technology involved: $5,000 to $50,000, with only a few top-of-the-line drones hitting the higher prices.
That means Draganfly can fill an important niche, at a fraction of the cost of other solutions, with a tech that can speed up every aspect of rescue work. Making Draganfly an easy choice for Ukraine.
But it’s not just medical supplies and equipment delivery that Ukraine needs …
Every Day the War Continues, It Will Take Another 30 Days to Clear All the Mines Laid

The sensors on Draganfly’s reconnaissance drones are extremely sensitive. Some of the higher-end models include magnetometers and ground-penetrating radar.
Even the standard sensors on Draganfly’s recon units can see just about everything that matters in a battle space.
That includes camouflaged humans, munitions and land mines. It even includes changes to vegetation and ground disturbances — to easily spot freshly dug ground.
And Ukraine needs both — especially for the aftermath of the war.
Already, there’s 20 years of work ahead, just de-mining what’s already been put in place — much of it around Kyiv and Lyiv.
And, of the thousands of bombs Russia has dropped so far, about 20% don’t go off. That means there are unexploded munitions scattered throughout the country, posing an obvious danger to civilians. Not only that, it could have a catastrophic impact on the country’s agriculture.

Ukraine is an agricultural powerhouse. In 2021, it was the fifth-largest wheat exporter, fourth in corn exports, third in both barley and rapeseed, and first in sunflower oil.14 It is often called the breadbasket of Europe.15
Food Exports Make Up 41% of Ukraine’s Total Exports, But The War Has Disrupted All That
Today — even with transport channels open that were closed earlier in the war — Ukraine grain exports are down 33%.
It isn’t just because of active hot zones, or previous battlefields. Sowing the ground with mines has proven as popular in this war as in past ones. And every day — no matter which direction the front line is headed — more of the fields that feed this country, and many others, are filled with mines.
Getting rid of these mines is incredibly important for multiple reasons:
- Avoid injuries and death on the ground.
- Free land to grow food and feed the nation.
- Feed Europe and parts of Africa and Asia as well — keeping the country’s economy afloat.
To that end, Draganfly drones have another useful feature.
With the advanced analytics these drones have, coupled with powerful sensors, they not only tell you where mines are. They tell you where mines aren’t.
In other words, these drones are sophisticated enough to clear a field — without a human ever having to risk life or limb – with no heavy military machinery necessary.
- They can detect metal mines or munitions with a quick thermal scan.
- They can detect mines made with wood and plastic by taking two thermal sweeps of an area — one in the morning and one in the evening — and then measuring temperature differences.
- And they have the capacity to quickly scan an area — covering 100 acres in a single flight, marking areas safe, and marking mines to be dealt with later.
With the mine situation becoming worse, Draganfly is already in talks about spinning up a larger fleet, to help deal with the growing problem.
Not only could a deal like this assist Ukraine on their path to recovery, but it could skyrocket Draganfly’s revenue! Making it a lifesaver, and a potentially smart choice for savvy investors…
More Than a Drone Company

It can’t be stressed enough — while Draganfly’s drones are top-of-the-line, with advanced sensors no other company provides, that’s not only what sets the company apart. It’s the strength of the analytics built into Draganfly’s software, over the past 25 years.
Because in truth, Draganfly is a data company – and is so much more than just a drone company.

They’ve developed Vital Intelligence technology, which is specialized artificial intelligence software that analyzes the data coming through Draganfly’s sensors to detect and make potentially life-saving discoveries – a feat that’s arguably much more valuable than the next big “Chatbot”.
And while selling the hardware (the drones themselves) is a lucrative business, with a 35% profit margin. Advanced analytical and AI capabilities could prove the long-term catalyst for Draganfly.
The business related to data, including software and analysis, pulls up to an 85% profit margin on recurring business.
And someday soon this life-saving tech will start trickling into the wider world.
In fact, it’s already happening. The Spring Branch Texas EMS service is using Draganfly drones to assist with emergencies.
In addition to getting supplies where they’re needed seven minutes faster on average, drones also cut down on expenses related to false alarms — which make up about 20% of all calls.
That frees first responders up to get where they’re needed quicker.
You see, Ukraine is just the beginning. The market for these drones will expand to include everything from aiding local governments, to federal emergency response teams, to family farms.
Innovative Uses in Other Markets

Versatility is at the core of Draganfly’s mission. Rather than create generic drones with quality specs, the company has developed a more personalized business model. Instead, they ask those on the ground what they need, and then design a drone program to fit the purpose.
From commercial delivery drones to drones that can analyze a farmer’s field and assign water, pesticides, and fertilizer where it’s needed, or act as an early warning system for any issues.
And Draganfly’s most advanced drones — with magnetometers and ground-penetrating radar — are already proving very useful in finding ore to mine.
Fire and Rescue

Draganfly has a number of governmental applications, and the technology is now at the point where Draganfly drones are both a faster and more affordable solution.
Fire Services are starting to use Draganfly drones to patrol its forests, covering much more ground than was previously possible.
These drones can measure moisture content in vegetation with enough precision, they can provide an early-warning system for potential hot spots. And when a fire does break out, these drones can deliver firefighting and first aid supplies to dangerous areas, without risking a life or having to necessarily use helicopters.
Getting supplies and tools to a hot spot in 15 minutes is very compelling — when it would normally take hour(s) with an ATV, (if possible at all), and is expensive and dangerous or not available to do by helicopter.
They also can help map a fire quickly, from a bird’s-eye view — key data when fighting massive blazes.
Agriculture

Agriculture is the largest segment of the enterprise drone market – and it keeps getting bigger. In 2014, about a third of U.S. farmers told the Farm Bureau that they either used drones or were “thinking about it.” Just four years later, it jumped to three-quarters.16
The reason for the jump? Family and commercial farms were on the edge.
Crop failure rates have soared as a result of extreme weather, high costs, supply chain woes, and other once uncontrollable environmental factors. But drones are now making many of these concerns obsolete. In Japan, drones the size of insects are doing the work of bees to pollinate flowers.
Draganfly’s drones are already in action across North America – patrolling miles of farmland. They’re monitoring irrigation, looking for crop diseases, spotting areas where pesticides or fertilizer need to be reapplied, and much more.

The company has been so successful that in 2021 the U.S. Department of Agriculture selected the Draganfly Commander for data collection and phenotyping.
If that word is new to you, it’s because this is cutting-edge technology and Draganfly Inc. (NASDAQ: DPRO, CSE: DPRONASDAQ: DPRO, CSE: DPRO) is in the lead. With phenotyping, aerial cameras can quickly evaluate plant traits that used to take teams of on-the-ground personnel.
Insurance

With extreme weather becoming more common, insurance companies are not only taking a hit on payouts – but they’re also feeling a pinch in manpower.
Brad Clow is a crop operations manager for the insurance company Country Financial. He’s a believer in what drones are capable of:
“In the past, if we had a wind claim on a 200-acre field, we would deploy four to five adjusters to walk that entire field looking for damage. It could take four to five hours. Now we can fly that field and cover that 200 acres within probably 15 to 20 minutes.” 17![]()
Equipped with a suite of sophisticated sensor technology, a Draganfly drone can easily do it in roughly 15 minutes.
Drone Demand Spikes On Labor Shortages And Rising Wages

Industries with tight margins like agriculture, mining, and construction need workers for routine tasks. However, data finds that younger adults in rural areas are pursuing other careers.

Workers are becoming scarce and wages are rising. The chart from AgAmerica Lending shows the change from 1950-2000. That’s accelerating in 2022. The work is often hard and dangerous.18
100-acre farms need a lot of surveillance to manage irrigation, fertilizer, weeds, and crop damage. When it comes to 5,000-acre farms, owners need help.
Drones are a versatile, reliable and cost-effective solution. Draganfly’s UAVs can fly over a field or mining site at next to no additional cost.
Farmers today are well-educated and are constantly looking for ways to increase business outputs and profitability. They are learning to program and fly drones themselves. The same shift is taking place in other major markets including construction and mining.
A Global UAV Leader With A Competitive Advantage

While a growing number of drone companies are popping up, they lack something very important: experience.
The award-winning team at Draganfly (NASDAQ: DPRO, CSE: DPRONASDAQ: DPRO, CSE: DPRO) is comprised of industry leaders with decades of experience in robotics, aviation and engineering. The company stands out from the rest because it has the know-how, intellectual property (IP), and infrastructure to provide world-class end-to-end solutions.
From quarter to quarter, Draganfly continues to report record revenue and important partnerships with established brands. This is a company leading the way in a sector projected to be a $43 billion juggernaut by 2025, with A CAGR over 15% beyond that.19
But today, this venerable, established leader in the drone sector only has a market cap of $25 million.
That won’t likely remain the case for long.
6 Reasons Draganfly (NASDAQ: DPRO, CSE: DPRONASDAQ: DPRO, CSE: DPRO) Is Positioned to Soar
- A Rare Opportunity: As Draganfly (NASDAQ: DPRO, CSE: DPRONASDAQ: DPRO, CSE: DPRO) continues to grow, revenue could double, triple, with one even just large contract in Ukraine.
- Impressive Firsts: Draganfly’s Draganflyer X4-ES is the first drone credited with saving a human life. In 2013, it helped Canadian officials locate an injured driver in a heavily wooded area. The drone remains on permanent display in the Smithsonian National Air and Space Museum.
- Super-Leverage Potential: : New partnership with Codan Communications could supercharge growth. Draganfly continues to hit sales milestones with each major contract, and an expanded manufacturing and production facility could quadruple sales.
- A Trusted Name: Draganfly has been driving the future of drones since the pre-drone era. The company has a stellar reputation and a proven track record of success. Draganfly has forged strong relationships with governments and industry leaders worldwide for more than two decades – keeping it in the loop on future business.
- Enviable Assets: 24 issued patents, a 24-year track record of developing award-winning drone solutions, and top-notch billion-dollar clientele all adds up to a big opportunity for early investors.
- Reliable, Cost-Effective Drone Solutions: Whether it’s flying over hazardous terrain or battlefields, mapping resources, locating assets, spreading feed and fertilizer, or carrying small loads, Draganfly’s drones can get the job done faster and at a fraction of the cost.
Learn More About Draganfly (NASDAQ: DPRO, CSE: DPRONASDAQ: DPRO, CSE: DPRO) at your brokerage today!
1.https://www.forbes.com/sites/johnkoetsier/2022/02/07/drone-innovation-check-up-5b-investment-129-companies-170-craft/
2.https://www.goldmansachs.com/insights/technology-driving-innovation/drones/
3.https://www.bloomberg.com/press-releases/2023-02-13/the-usa-drone-industry-is-predicted-to-thrive-in-the-next-years-at-cagr-of-14-due-to-its-environment-friendly-characteristics
4.https://www.contrivedatuminsights.com/product-report/commercial-drone-market-248445/?Mode=™
5.https://www.forbes.com/sites/forbesbusinesscouncil/2020/06/08/drones-the-future-of-business/?sh=10555d8134fe
6.https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/the-ten-rules-of-growth
7.https://eandt.theiet.org/content/articles/2023/01/money-markets-ai-is-the-investors-next-big-thing/
8.https://www.weforum.org/agenda/2023/01/global-growth-story-of-the-21st-century-lse-grantham-systemiq-davos2023/
9.https://en.wikipedia.org/wiki/PwC
10.https://www.pwc.com/gx/en/issues/data-and-analytics/publications/artificial-intelligence-study.html
11.https://www.worldometers.info/gdp/gdp-by-country/
12.https://www.analyticsinsight.net/watch-out-these-top-10-richest-billionaires-harnessing-ai/
13.https://www.smithsonianmag.comThis Drone Can Save Your Life | Air & Space Magazine/air-space-magazine/this-drone-can-save-your-life-180955994/
14.https://www.weforum.org/agenda/2022/07/ukraine-s-food-exports-by-the-numbers/
15.https://www.weforum.org/agenda/2022/07/ukraine-s-food-exports-by-the-numbers/
16.http://www.uasmagazine.com/articles/1890/survey-shows-drone-adoption-rate-by-farmers
17.https://ilfbpartners.com/farm/farm-life/why-so-many-farmers-are-using-drones/
18.https://agamerica.com/blog/the-impact-of-the-farm-labor-shortage/
19.https://droneii.com/the-drone-market-size-2020-2025-5-key-takeaways
20. https://www.mordorintelligence.com/industry-reports/drones-market
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FORWARD LOOKING INFORMATION
This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect expectations regarding Draganfly Inc. future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to Draganfly Inc. industry; (b) market opportunity; (c) Draganfly Inc. business plans and strategies; (d) services that Draganfly Inc. intends to offer; (e) Draganfly Inc. milestone projections and targets; (f) Draganfly Inc. expectations regarding receipt of approval for regulatory applications; (g) Draganfly Inc. intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) Draganfly Inc. expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute Draganfly Inc. business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) Draganfly Inc. ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) Draganfly Inc. ability to enter into contractual arrangements; (e) the accuracy of budgeted costs and expenditures; (f) Draganfly Inc. ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption as a result of COVID-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of Draganfly Inc. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) Draganfly Inc. operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as the COVID-19 pandemic may adversely impact Draganfly Inc. business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Draganfly Inc. business operations (e) Draganfly Inc. may be unable to implement its growth strategy; and (f) increased competition. Except as required by law, the Website Host undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise.
HISTORICAL INFORMATION
Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of Draganfly Inc. or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of Draganfly Inc. or such entities and are not necessarily indicative of future performance of Draganfly Inc. or such entities.