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Draganfly Announces New Strategic U.S. Facility Location in Tampa to Bolster National Security and Defense Partnerships

1. Draganfly opens new facility in Tampa, Florida, enhancing military client access. 2. The facility will support product demonstrations and live testing for drone technology. 3. Expansion aligns with increased demand from U.S. defense and law enforcement sectors. 4. Draganfly maintains investments in North American manufacturing for high-quality production. 5. The move promises secured solutions, reducing risks for North American customers.

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FAQ

Why Bullish?

The expansion indicates growth potential in government contracts, which can lead to increased revenues. Historical growth in defense spending often boosts companies like DPRO that supply military solutions.

How important is it?

The article highlights a strategic expansion that is likely to attract government contracts, particularly in the defense sector, which is crucial for DPRO's growth trajectory.

Why Long Term?

The facility's establishment positions DPRO for sustained growth as defense demand increases. Long-term government contracts can provide steady revenue streams.

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NDAQ:RTXNYSE:LMTNYSE:NOCNYSE:BA
Tampa, FL, March 10, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO), Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an award‑winning leader in drone solutions and systems development, is proud to announce the establishment of its new U.S. location in Tampa, Florida. Strategically positioned near key military and government clients, this expansion includes a demonstration and live fire testing facility, reinforcing Draganfly’s commitment to delivering cutting-edge drone solutions to its U.S. customers. The Tampa facility is part of Draganfly’s long-term strategy to grow its government business, aligning with increasing demand from defense, law enforcement, and industrial sectors. While this expansion has been in development for some time, its opening is especially timely given the recent geopolitical trade measures. “For over 20 years, Draganfly has been at the forefront of providing innovative drone solutions to government, law enforcement, and industrial clients,” said Cameron Chell, CEO of Draganfly. “Our new Tampa facility underscores our commitment to the U.S. market, offering a critical hub for product demonstrations, live testing. The company continues to maintain and invest in its North American manufacturing facilities, ensuring high-quality production and ongoing support for Canadian and international clients. This diversified footprint in the U.S. and Canada allows Draganfly to provide scalable, while striving for the highest standards of quality and security. With this expansion, Draganfly is further cementing its role as a trusted domestic manufacturer and solution provider in the evolving landscape of drone technology, helping to ensure its customers across North America and abroad receive cutting-edge secure solutions with minimized risk of disruption. For more information about Draganfly and its latest advancements, visit www.draganfly.com. About Draganfly Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8) is a global leader in drone technology, AI, and autonomous systems, providing innovative solutions for public safety, defense, agriculture, and industrial applications. With over 25 years of experience, Draganfly is recognized for its groundbreaking contributions to the UAV industry and commitment to delivering cutting-edge, North American-made technology. CSE ListingNASDAQ ListingFrankfurt Listing 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. Forward-looking statements ‎‎‎‎include, but are not ‎‎‎‎limited to, statements with respect to Draganfly ensuring high-quality production and ongoing support for Canadian and international clients and its ability to provide customers across North America and abroad with cutting-edge secure solutions with minimized risk of disruption. 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 potential ‎‎‎‎‎‎‎impact of epidemics, ‎pandemics or other public health crises, including the ‎COVID-19 pandemic, on 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; the ‎potential for unexpected costs and ‎‎‎‎expenses, currency ‎‎‎fluctuations; regulatory restrictions; and 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.sedar.com and with the United States Securities and Exchange Commission (the “SEC”) on EDGAR through the SEC’s 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 ‎‎‎‎‎managements’ best judgment based on information currently available. ‎‎‎No forward-looking ‎‎‎‎statement ‎can be and actual future results may vary materially. ‎‎‎Accordingly, readers ‎‎‎‎are advised not to ‎place undue reliance on forward-looking statements or ‎‎‎information.‎ Media ContactErika RacicotEmail: media@draganfly.com Company ContactEmail: info@draganfly.com

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