09:40 AM EDT, 08/26/2025 (MT Newswires) -- Draganfly ( DPRO ) , a developer of drone solutions and systems developer, on Tuesday provided insight into its "unique positioning" to support Canada's newly announced $2 billion military aid package to Ukraine.
Shares of the company were last seen up 6% at $6.33 on the Canadian Securities Exchange.
The company said $220 million is allocated specifically for advanced unmanned aerial vehicle (UAV) solutions, counter-drone systems, and electronic warfare, including joint ventures between Canadian and Ukrainian defense companies.
"Canada's bold investment in Ukraine's sovereignty is not just a political commitment, it's a call to action for Canadian innovation and defence excellence," said Draganfly ( DPRO ) Chief Executive Cameron Chell.
"As Canada accelerates joint production initiatives with Ukraine, Draganfly ( DPRO ) is committed to playing a pivotal role in this long-term alliance," said the company in a statement.
Price: 6.27, Change: +0.30, Percent Change: +5.03