Draganfly Selected to Develop Tactical Multi-Drop Payload System by MMS Products
January 30 2024 - 7:00AM
Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly”
or the “Company”), an award-winning, industry-leading drone
solutions and systems developer, is pleased to announce that it has
been selected by MMS Products, Inc. to develop a drone-based
tactical multi-drop payload system.
MMS Products equips military personnel with the
best tools and solutions to enhance safety, effectiveness, and
overall mission success.
This drone payload system is designed explicitly
for tactical multi-drop and ISR operations. The highlight of this
development is the integration with MMS Products' Mjolnir, a highly
configurable delivery device renowned for its versatility and
effectiveness in various operational scenarios. The tactical
multi-drop system boasts universal mount capabilities that can be
easily adapted or attached to a wide range of drone models, and
will be optimized for use with the Draganfly Commander 3XL.
This optimization with the Commander 3XL drone
will enhance the performance and efficiency of both technologies,
resulting in a robust turnkey tactical solution.
“This development marks a significant step in
professional and scalable small drone tactical capability, merging
the expertise of MMS Products with Draganfly's expertise in drone
development,” said Cameron Chell, President and CEO of Draganfly.
“We are thrilled to develop this system for MMS and be their system
provider of choice going forward in their rapidly expanding market.
The tactical multi-drop system is expected to bring new levels of
efficiency, safety, and effectiveness to operations that require
such technology, including military, demining, and specialized
industrial applications.”
"We selected Draganfly because they possess the
thought leadership, technical expertise, and global experience
pivotal to the evolution of tactical drone technology," stated Tim
Dunnigan, President and CEO of MMS Products, Inc. "Our working
partnership with Draganfly has culminated in a state-of-the-art
payload system uniquely tailored for tactical multi-drop and
targeting tasks that can operate safely at scale at the time of
need. This combination is crucial to the new realities of the
tactical operating environment. The cornerstone of this development
is integrating our Mjolnir payload, a drone-based delivery system
that has already established a reputation for unparalleled
versatility and effectiveness in diverse operational contexts. This
initiative is not just about advancing technology; it's about
redefining the possibilities of drone capabilities in critical
missions."
The project reflects an evolving landscape in
drone technology, where integrating various systems and payloads
expands the capabilities and applications of UAVs. This development
highlights a trend towards more modular and adaptable systems in
drone technology, allowing for a broader range of applications and
quicker adaptation to different operational needs.
Draganfly recently showcased the Commander 3 XL
during Modern Warfare Week. Modern Warfare Week served as a premier
gathering for the Special Operations Forces (SOF) community,
providing a platform for education and collaboration on the
evolving warfare landscape, with an attendance of 800 select
military and government representatives. The Global Special
Operations Foundation (GSOF) and the United States Army Special
Operations Command (USASOC) jointly sponsored the event.
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 ContactArian HopkinsEmail: media@draganfly.com
Company ContactEmail: 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 the optimization of the tactical
multi-drop system with the Commander 3XL drone enhancing the
performance and efficiency of both technologies, resulting in a
robust turnkey tactical solution. 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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