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
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Sectors
Aerospace, Defense & Maritime
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Draganfly Inc
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Annual Revenue
$4.56 M (USD)0.09as on Dec 31, 2024
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Net Profit
$-9.65 M (USD)41.23as on Dec 31, 2024
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EBITDA
$-9.81 M (USD)36.3as on Dec 31, 2024
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Total Equity Funding
$5.34 M (USD)
in 1 rounds
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Latest Funding Round
$5.34 M (USD), Unspecified
Nov 01, 2019
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Investors
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Employee Count
54
as on Dec 31, 2024
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Investments & Acquisitions
Dronelogics.com
& 2 more
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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.
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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 Funding
- Total Rounds 1
- Last Round Unspecified — $5.3M
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First Round
First Round
(01 Nov 2019)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2019 | Amount | Unspecified - Draganfly | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Aerial surveys for mapping and monitoring are conducted in Canada.
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2016 | ||||
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Drone services are provided for aerial applications and inspections.
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2014 | ||||
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Aerial imaging services are provided for mapping and surveying applications.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Draganfly
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Draganfly Comparisons
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.
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| domain | founded_year | HQ Location |
Autonomous drones, software, and accessories are manufactured for various sectors.
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| domain | founded_year | HQ Location |
Developer of unmanned aerial vehicles
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| domain | founded_year | HQ Location |
Unmanned aircraft systems are developed for government and business clients.
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| domain | founded_year | HQ Location |
Conducts R&D on, and markets, drones and robotics-based technologies.
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| domain | founded_year | HQ Location |
Aerial inspection services are delivered using automated drones.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Draganfly
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?
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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