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Draganfly ( (TSE:DPRO) ) has issued an update.
Draganfly Inc. has announced a strategic partnership with Volatus Aerospace to integrate advanced Bathymetric LiDAR technology with Draganfly’s Heavy Lift Drone. This collaboration aims to meet the growing demand for precision data acquisition in the energy sector, particularly for oil and gas exploration. By combining their technologies, the companies intend to improve mapping of underwater environments, thereby enhancing operational efficiency and reducing costs for clients. The agreement also allows Volatus to operate as a reseller of Draganfly’s UAV platforms, expanding its product offerings and market reach.
More about Draganfly
Draganfly Inc. is an industry leader in drone technology and systems development, focusing on creating innovative UAV platforms like the Heavy Lift Drone, which can carry significant payloads. The company targets high-potential markets, including energy, by enhancing operational efficiencies and offering cost-effective solutions.
YTD Price Performance: -14.36%
Average Trading Volume: 369,512
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $18.88M
See more data about DPRO stock on TipRanks’ Stock Analysis page.