Draganfly Strengthens Public Safety Focus with New Advisory Board Appointment

An update from Draganfly ( (TSE:DPRO) ) is now available.

Draganfly Inc. has appointed Peter Lambrinakos to its Public Safety Advisory Board, a move that underscores the company’s commitment to advancing its public safety mission. Lambrinakos, with over three decades of experience in public safety and national security, is expected to enhance Draganfly’s capabilities in developing secure and ethical drone technologies. His appointment comes at a time when there is increasing demand for domestically developed drone solutions that meet stringent security standards, positioning Draganfly as a key player in the North American public safety and defense sectors.

The most recent analyst rating on (TSE:DPRO) stock is a Buy with a C$7.00 price target. To see the full list of analyst forecasts on Draganfly stock, see the TSE:DPRO Stock Forecast page.

Spark’s Take on TSE:DPRO Stock

According to Spark, TipRanks’ AI Analyst, TSE:DPRO is a Neutral.

Draganfly’s overall score reflects significant financial challenges, including stagnant revenue and persistent losses, which are the most pressing issues. 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 global leader in drone technology, AI, and autonomous systems, providing innovative solutions primarily for public safety and defense sectors. The company is known for its secure, scalable drone technologies that align with national defense and homeland security priorities, with a strong emphasis on ethical and responsible innovation.

Average Trading Volume: 5,317

Technical Sentiment Signal: Sell

Current Market Cap: C$13.75M

Find detailed analytics on DPRO stock on TipRanks’ Stock Analysis page.