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Draganfly Down 4% in U.S. Pre-market Even As Delivers Flex FPV Systems to U.S. Defense Contractor
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Draganfly Down 4% in U.S. Pre-market Even As Delivers Flex FPV Systems to U.S. Defense Contractor
Jun 3, 2025 5:40 AM

08:27 AM EDT, 06/03/2025 (MT Newswires) -- Draganfly ( DPRO ) was at last look down 4% in U.S. pre-market trading, but had been down twice that, even as it announced Tuesday the first deliveries of its Flex FPV (First Person View) systems to a U.S. military prime contractor. The stock did rise 11.3% on the Nasdaq yesterday.

A statement noted the Draganfly Flex FPV system allows operators to switch between different arm and propeller sizes in seconds, without specialized tools, and enables a single Flex Core to support a variety of mission profiles ranging from reconnaissance and training to tactical payload delivery. It is capable of speeds exceeding 149 km per hour.

"This delivery marks an important milestone for the Flex FPV platform," said Chief Executive Cameron Chell. "The system was born out of our work supporting frontline operations in Ukraine and has been refined through rigorous testing by multiple defense partners. We're incredibly proud to see it deployed by one of the world's top defense contractors."

The company's shares were last seen down US$0.16, to US$1.81, in New York trading.

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