Draganfly

Saskatoon, Canada Founded: 1998 • Age: 28 yrs
Quadcopter drones and sensors are manufactured for diverse sectors.
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About Draganfly

Draganfly is a company based in Saskatoon (Canada) founded in 1998.. Draganfly has raised $5.34 million across 1 funding round. The company has 54 employees as of December 31, 2024. Draganfly has completed 3 acquisitions, including Dronelogics.com, High Eye Aerial Imaging and Pioneer Aerial Surveys. Draganfly operates in a competitive market with competitors including DJI, Skydio, ideaForge, Vantage Robotics and Autonomous Control Systems Laboratory, among others.

  • Headquarter Saskatoon, Canada
  • Employees 54 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Aerospace, Defense & Maritime
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Draganfly Inc
Operational Areas
Aerospace, Defense & Maritime → Aerospace Manufacturing & Engineering
Key Metrics
  • Annual Revenue
    $4.56 M (USD)
    0.09
    as on Dec 31, 2024
  • Net Profit
    $-9.65 M (USD)
    41.23
    as on Dec 31, 2024
  • EBITDA
    $-9.81 M (USD)
    36.3
    as on Dec 31, 2024
  • Total Equity Funding
    $5.34 M (USD)

    in 1 rounds

  • Latest Funding Round
    $5.34 M (USD), Unspecified

    Nov 01, 2019

  • Investors
  • Employee Count
    54

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Draganfly

Draganfly is a publicly listed company on the CSE with ticker symbol DPRO in Canada, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: CSE · Ticker: DPRO . Sector: Consumer durables · Canada
People of Draganfly
Headcount 1-10
Employee Profiles 1
Board Members and Advisors 14
Employee Profiles
People
Cameron Chell
Director

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Board Members and Advisors
people
Olen Aasen
Director
people
Denis Silva
Director
people
Rob Anson
Advisor
people
Edmund C. Moy
Advisor

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Funding Insights of Draganfly

Draganfly has successfully raised a total of $5.34M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $5.34 million completed in November 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Unspecified — $5.3M
  • First Round

    (01 Nov 2019)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2019 Amount Unspecified - Draganfly Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Draganfly

Draganfly has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Dronelogics.com, High Eye Aerial Imaging and Pioneer Aerial Surveys. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Aerial surveys for mapping and monitoring are conducted in Canada.
2016
Drone services are provided for aerial applications and inspections.
2014
Aerial imaging services are provided for mapping and surveying applications.
2012
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Draganfly

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Draganfly Comparisons

Employees
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Competitors of Draganfly

Draganfly operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DJI, Skydio, ideaForge, Vantage Robotics and Autonomous Control Systems Laboratory, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multi-utility drones are developed for agriculture and filmmaking sectors.
domain founded_year HQ Location
Autonomous drones, software, and accessories are manufactured for various sectors.
domain founded_year HQ Location
Developer of unmanned aerial vehicles
domain founded_year HQ Location
Unmanned aircraft systems are developed for government and business clients.
domain founded_year HQ Location
Conducts R&D on, and markets, drones and robotics-based technologies.
domain founded_year HQ Location
Aerial inspection services are delivered using automated drones.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Draganfly

When was Draganfly founded?

Draganfly was founded in 1998 and raised its 1st funding round 21 years after it was founded.

Where is Draganfly located?

Draganfly is headquartered in Saskatoon, Canada. It is registered at Saskatoon, Saskatchewan, Canada.

Is Draganfly a funded company?

Draganfly is a funded company, having raised a total of $5.34M across 1 funding round to date. The company's 1st funding round was a Unspecified of $5.34M, raised on Nov 01, 2019.

How many employees does Draganfly have?

As of Dec 31, 2024, the latest employee count at Draganfly is 54.

What is the annual revenue of Draganfly?

Annual revenue of Draganfly is $4.56M as on Dec 31, 2024.

What does Draganfly do?

Draganfly was established in 1998 in Saskatoon, Canada, focusing on drone technology. Multi-rotor drones, infrared and multi-spectral cameras, LiDAR sensors, and magnetometers are produced, alongside a universal control system. Photogrammetry software is offered for UAV-based data collection. Operations serve sectors including agriculture, insurance, military, government, and public services, with applications in data acquisition and monitoring.

Who are the top competitors of Draganfly?

Draganfly's top competitors include DJI, ideaForge and Skydio.

Is Draganfly publicly traded?

Yes, Draganfly is publicly traded on CSE under the ticker symbol DPRO.

How many acquisitions has Draganfly made?

Draganfly has made 3 acquisitions, including Dronelogics.com, High Eye Aerial Imaging, and Pioneer Aerial Surveys.

What is Draganfly's ticker symbol?

The ticker symbol of Draganfly is DPRO on CSE.

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