UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
REPORT
OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For
the month of March 2025
Commission
File Number: 001-40688
DRAGANFLY
INC.
(Translation
of registrant’s name into English)
235
103rd St. E.
Saskatoon,
Saskatchewan S7N 1Y8
Canada
(Address
of principal executive office)
Indicate
by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
| |
Draganfly
Inc. |
| |
(Registrant) |
| |
|
|
| Date: March 3, 2025 |
By: |
/s/ Paul
Sun |
| |
Name: |
Paul Sun |
| |
Title: |
Chief Financial Officer |
Form
6-K Exhibit Index
Exhibit
99.1
Volatus
Aerospace and Draganfly Expand Collaboration to Service High-Value Geospatial Power Utility Customers
Toronto,
ON and Saskatoon, SK / March 3, 2025 / Volatus Aerospace Inc. (TSXV: FLT) (OTCQX:TAKOF) (Frankfurt: ABB) (“Volatus”)
and Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly”) announced today a strategic collaboration
to address rapidly growing global demand for the automation and digitization of geospatial data collection and analysis solutions for
Utility Infrastructure. This teaming agreement builds on the previously announced collaboration agreement, harnessing Volatus’
operational and regulatory capabilities, advanced sensor technology and Draganfly’s advanced product, engineering, and integration
capabilities.
This
expanded collaboration will engage high-profile global power and infrastructure providers to enhance efficiency and safety in power utility
solutions. By combining Volatus’ extensive experience in power utility inspections and right of way management with Draganfly’s
product and engineering capabilities, the partnership is positioned to offer a strong competitive advantage to support large Enterprise
clients looking for an advanced end to end solution.
“As
the demand for drone-based solutions continues to increase in multiple sectors, strategic collaborations are a key enabler to meet the
diverse needs of clients without introducing unnecessary commercial risk,” Glen Lynch, CEO of Volatus Aerospace, stated. “Industries
need more than products, they need solutions. By combining Draganfly’s advanced product platform with Volatus’ deep domain
expertise and operational and regulatory capabilities, we can provide clients with a complete solution to their challenges.”
“Partnering
with Volatus Aerospace allows us to incorporate our advanced product platform of multiple interoperable drones into a complete solution
for power utilities,” Cameron Chell, CEO of Draganfly, commented. “The power utility industry is increasingly seeking advanced,
safe, and efficient data acquisition methods, something we have designed from the ground up. This collaboration reinforces our commitment
to providing cutting-edge solutions that meet the complex demands of today’s power utilities while enhancing our market reach.”
In
a recent report, MarketsandMarkets estimates that the global market for utility asset management, which includes inspection services
among other components, is projected to grow to USD 4.09 billion by 2026. This growth is driven by the increasing investments in grid
modernization activities, the need for efficient and reliable power supply, and the integration of renewable energy sources into the
grid.
The
collaboration is expected to deliver enhanced value to an identified client(s) that will ultimately contribute to the modernization of
infrastructure management.
About
Volatus Aerospace Inc.
Volatus
Aerospace is a leader in innovative global aerial solutions for intelligence and cargo. With a strong foundation of over 100 years of
combined institutional knowledge in aviation, Volatus provides comprehensive solutions using both piloted and remotely piloted aircraft
systems (RPAS). We serve industries such as oil and gas, utilities, healthcare, and public safety. Our mission is to enhance operational
efficiency, safety, and sustainability through cutting-edge, real-world solutions.
About
Draganfly Inc.
Draganfly
Inc. is a pioneer in drone technology and systems, providing quality, cutting-edge UAV solutions, software, and AI systems to revolutionize
operations across public safety, agriculture, industrial inspections, defense, and surveying. With over 24 years of innovation, Draganfly
is recognized for its commitment to ingenuity, first-class service, and the ability to save time, money, and lives.
For
more information on Draganfly, please visit www.Draganfly.com
Forward-Looking
Statements
This news release contains statements that constitute “forward-looking information” and “forward-looking statements”
within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs, and current expectations
of the Company with respect to future business activities and operating performance. Often, but not always, forward-looking information
and forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”,
“budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”,
or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future
tense or indicating that certain actions, events or results “may”, “could”, “would”, “might”
or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information
includes information regarding: (i) the anticipated benefits of, and estimated revenue to be generated by, the collaboration agreement;
(ii) the business plans and expectations of the Company; and (iii) expectations for other economic, business, and/or competitive factors.
Forward-looking information is based on currently available competitive, financial, and economic data and operating plans, strategies,
or beliefs of management as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other
factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results,
performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently
available to the Company, including information obtained from third-party industry analysts and other third-party sources, and are based
on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly
qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but
instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates
of management considered reasonable at the date the statements are made. Forward-looking information and forward-looking statements reflect
the Company’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable
in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection
with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the anticipated
benefits and revenues of the agreement to Draganfly; meeting the continued listing requirements of the TSXV and Draganfly meeting
the continued listing requirements of the Canadian Securities Exchange and the Nasdaq; and including, but not limited to, those factors
set forth in the Company’s Annual Information Form under the section “Risk Factors” and Draganfly’s most recent
filings in accordance with securities regulations in Canada on the SEDAR+ website at www.sedarplus.ca. Although the Company has attempted
to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking
information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.
The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the
Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or
results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking
information.
None
of the Canadian Securities Exchange, TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV)
or the Nasdaq accepts responsibility for the adequacy or accuracy of this news release.
TSXV:
FLT
Media
Contacts
Danielle
Gagne
Head of Marketing and Communications, Volatus Aerospace
+1 833-865-2887
Danielle.gagne@volatusaerospace.com
Erika
Racicot
Public Relations, Draganfly
media@draganfly.com
Company
Contact Email: info@draganfly.com
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