Draganfly Officially Launches its New Manufacturing and Production Facility in Saskatoon
September 27 2023 - 6:45AM
Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly”
or the “Company”), award-winning, industry-leading drone solutions,
and systems developer, is pleased to announce its new manufacturing
and production facility in Saskatoon has officially opened and
extend our gratitude to all our distinguished guests who celebrated
this milestone with us.
The Company is deeply honored that guests,
including industry leaders, local officials, and valued partners,
joined the ribbon-cutting ceremony to mark the official launch of
this state-of-the-art manufacturing and production
facility.
The Saskatoon facility promises to enhance
manufacturing capabilities, streamline assembly processes, support
R&D capabilities, and optimize integration procedures to
establish a fresh approach to efficiency and innovation. This
facility will focus on meeting the rising demand for Draganfly’s
UAV systems and components, such as the Heavy Lift, Commander 3 XL,
Commander XL Hybrid, and its new Precision Delivery System.
“We are proud that Draganfly’s world-leading
drone solutions are being built in Saskatoon,” Minister of Trade
and Export Development Jeremy Harrison said. “This state-of-the-art
technology shows what’s possible when you have innovative,
forward-thinking ideas, and a competitive business environment that
helps you achieve them. This investment will further build and
protect this province’s economic future.”
"Inaugurating the Saskatoon facility marks a
pivotal moment for Draganfly as we embark on a journey of elevated
manufacturing standards. This facility is not just a promise but a
testament to our unwavering commitment to meet the demand for our
UAV systems and components,” said Cameron Chell, Draganfly CEO.
About Draganfly
Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE:
3U8A) is the creator of quality, cutting-edge drone solutions,
software, and AI systems that revolutionize how organizations can
do business and service their stakeholders. Recognized as being at
the forefront of technology for over 24 years, Draganfly is an
award-winning industry leader serving the public safety,
agriculture, industrial inspections, security, mapping, and
surveying markets. Draganfly is a company driven by passion,
ingenuity, and the need to provide efficient solutions and
first-class services to its customers around the world with the
goal of saving time, money, and lives.
For more information on Draganfly, please visit us
at www.draganfly.com.For additional investor information,
visit https://www.thecse.com/en/listings/technology/draganfly-inc, https://www.nasdaq.com/market-activity/stocks/dpro,
or https://www.boerse-frankfurt.de/equity/draganfly-inc-1.
Media ContactArian Hopkinsemail: media@draganfly.com
Company ContactEmail: info@draganfly.com
Forward-Looking Statements
This release contains certain “forward looking
statements” and certain “forward-looking information” as defined
under applicable securities laws. Forward-looking statements and
information can generally be identified by the use of
forward-looking terminology such as “may”, “will”, “expect”,
“intend”, “estimate”, “anticipate”, “believe”, “continue”,
“plans” or similar terminology. Forward-looking statements and
information are based on forecasts of future results, estimates of
amounts not yet determinable and assumptions that, while believed
by management to be reasonable, are inherently subject to
significant business, economic and competitive uncertainties and
contingencies. These statements include, but may not be limited to
statements regarding the Company’s new manufacturing and
production facility in Saskatoon. Forward-looking statements and
information are subject to various known and unknown risks and
uncertainties, many of which are beyond the ability of the Company
to control or predict, that may cause the Company’s actual
results, performance or achievements to be materially different
from those expressed or implied thereby, and are developed based
on assumptions about such risks, uncertainties and other factors
set out here-in, including but not limited to: the Company’s
business, operations and financial condition, the successful
integration of technology, the inherent risks involved in the
general securities markets; uncertainties relating to the
availability and costs of financing needed in the future; the
inherent uncertainty of cost estimates and the potential for
unexpected costs and expenses, currency fluctuations; regulatory
restrictions, liability, competition, loss of key employees and
other related risks and uncertainties disclosed under the heading
“Risk Factors“ in the Company’s most recent filings filed with
securities regulators in Canada on the SEDAR+ website at
www.sedarplus.com and with the U.S. Securities and Exchange
Commission on the EDGAR website at www.sec.gov. The Company
undertakes no obligation to update forward-looking information
except as required by applicable law. Such forward-looking
information represents management’s best judgment based on
information currently available. No forward-looking statement can
be guaranteed and actual future results may vary materially.
Accordingly, readers are advised not to place undue reliance on
forward-looking statements or information.
Draganfly (TG:3U8A)
Historical Stock Chart
From Oct 2024 to Oct 2024
Draganfly (TG:3U8A)
Historical Stock Chart
From Oct 2023 to Oct 2024