Tuesday, 02 January 2024 12:17 GMT

Draganfly Stock Rises After Company Taps Global Ordnance For US Expansion


(MENAFN- AsiaNet News)

Draganfly Inc.(DPRO) announced on Thursday that it has signed a formal collaboration agreement with U.S. defense contractor Global Ordnance. 

The deal positions Global Ordnance as the primary U.S. defense partner for Draganfly's line of drone platforms and related systems. The two companies plan to work jointly on increasing the adoption of Draganfly's drone solutions across U.S. military programs while integrating responsive supply chains and defense-specific customization. 

 Following the announcement, Draganfly stock traded over 2% higher in Thursday's premarket. 

Get updates to this developing story directly on Stocktwits.

MENAFN09102025007385015968ID1110173048



Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.