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 May 2024
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:
May 8, 2024 |
By:
|
/s/
Paul Sun |
|
Name: |
Paul Sun |
|
Title: |
Chief Financial Officer |
Form
6-K Exhibit Index
Exhibit
99.1
Draganfly
Unveils New NDAA Compliant “FlexForce” Modular FPV System Following US Military Demonstrations & Training
Draganfly’s
FlexForce modular FPV system is available to Defense & Government users only
San
Diego, CA., May 7, 2024 – Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”),
an award-winning, industry-leading drone solutions and systems developer is excited to announce the launch of its newest product, the
FlexForce Modular FPV UAV System, available exclusively to Government & Military buyers following a FPV UAV Demonstration and Training.
Designed
to meet the rigorous demands of Government and Defense aerial reconnaissance and surveillance applications, the NDAA-Compliant FlexForce
FPV System features a set of quick-exchange assemblies, available in four-, seven- and ten-inch configurations. Capable of a dynamic
range of flight characteristics, payload capacities ranging from 1.2 lbs to 6.5 lbs, and able to sustain a maximum speed of 93 mph, the
FlexForce FPV System easily and quickly adapts to a variety of mission requirements. The quick-exchange assembly allows an operator to
adjust between sizes in minutes without the use of specialized tools or components.
The
FlexForce Core, the foundation of the FlexForce FPV System, is a tightly integrated FPV airframe that offers the modern FPV pilot a variety
of flight modes, including Full Acrobatic, GPS Assist & Waypoint Mission. GPS-denied position hold is enabled via an optical flow
sensor and a configurable radio link provides additional resilience in challenging environments. The FlexForce Core features an onboard
Sony camera alongside a variety of payload attachment mechanisms that accommodate a variety of payloads. The ultra-low latency video
feed from the FPV Core can be displayed to both the FPV Goggles and external monitors.
These
technologies, along with others, were recently on display during a FPV UAV Training & Demonstration Event held in March 2024 at Fort
Liberty, North Carolina. During this 2-day event, Draganfly FPV pilots and subject matter experts assisted over 200 members of the Special
and Conventional forces in gaining valuable exposure and training for FPV UAV operations.
Sale
and demonstration of the Draganfly FlexForce FPV System is currently offered exclusively to Government and Military clients, underscoring
Draganfly’s ongoing commitment to supporting critical missions. The FlexForce FPV System can be viewed by appointment with Draganfly
Representatives during Special Operations Forces (SOF) Week 2024 in Tampa, Florida with shipments to eligible early adopters beginning
in Q2, 2024.
“The
importance and effectiveness of FPV drones have been demonstrated and are now a key tool for defense operations. Given our work and experience
in Ukraine and with the Drone Racing League, we designed the Flexforce Modular FPV Drone platform to offer maximum flexibility and capabilities”,
said Cameron Chell, CEO of Draganfly, “We are thrilled at the performance and results of demonstrations and training process to
our military customers and look forward to providing this product to them at scale.”
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 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
Contact
Erika
Racicot
email:
media@draganfly.com
Company
Contact
Email:
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. Forward-looking statements include,
but are not limited to, statements with respect to statements that FPV drones have been demonstrated as a key tool
for defense operations. 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 guaranteed and actual future results may vary materially. Accordingly,
readers are advised not to place undue reliance on forward-looking statements or information.
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