Draganfly ( (TSE:DPRO) ) has shared an update.
Draganfly Inc. has entered into a multi-year agreement with SafeLane Global, becoming the preferred provider of landmine mapping drones and aerial survey services. This partnership, which includes the first Ukraine landmine aerial survey contract, aims to enhance the speed, accuracy, and safety of explosive threat detection and removal operations, positioning Draganfly as a significant player in the defense and humanitarian sectors.
Spark’s Take on TSE:DPRO Stock
According to Spark, TipRanks’ AI Analyst, TSE:DPRO is a Neutral.
Draganfly’s stock score is primarily weighed down by significant financial challenges, including stagnant revenue and persistent losses. Technical indicators suggest a bearish trend, and the company’s valuation remains unattractive due to negative earnings. However, strategic partnerships and board appointments offer some optimism for future growth.
To see Spark’s full report on TSE:DPRO stock, click here.
More about Draganfly
Draganfly Inc. is a pioneer in drone solutions, AI-driven software, and robotics, with over 25 years of innovation. The company provides technology for public safety, agriculture, industrial inspections, security, mapping, and surveying, focusing on delivering efficient and reliable solutions that save time, money, and lives.
YTD Price Performance: -41.61%
Average Trading Volume: 131,731
Technical Sentiment Signal: Strong Buy
Current Market Cap: $13.01M
For an in-depth examination of DPRO stock, go to TipRanks’ Stock Analysis page.