Donald Trump Jr.-backed Unusual Machines and an unnamed US asset manager invested $10 million in Draganfly, a Canadian drone services firm. The funding signals rising defense-sector interest in drone capabilities amid geopolitical tensions and could validate Draganfly's technology, potentially unlocking partnerships or contracts if the capital accelerates product deployment and commercial efforts.
Draganfly reported significant losses and missed revenue expectations, leading to a 21% drop in stock price. However, the company showed strong long-term growth potential with record revenues, attracting maintain Buy ratings from analysts and suggesting possible upside for investors who manage execution risk.
DPRO surged after a new military contract announcement. The Commander3 XL drone selected by the U.S. Department of Defense. H.C. Wainwright analyst upgraded DPRO's rating and price target. DPRO shares rose 39.38% to $7.22, approaching 52-week high. CEO confirmed the drone's reliability for military applications.
