Draganfly Inc. (NASDAQ: DPRO | CSE: DPRO) has announced a US$10 million strategic investment from Unusual Machines, Inc. (NYSE American: UMAC) and a leading U.S. Investment Fund, with each party contributing US$5 million. The registered direct offering prices 1,869,159 common shares at US$5.35 per share and is expected to close on or about September 29, 2026. The investment arrives as Draganfly reports accelerating defence activity in both Canada and the United States, including recent procurement milestones with the Canadian Armed Forces.

Key Points

  • Draganfly Inc. (NASDAQ: DPRO | CSE: DPRO | FSE: 3U8) — Canadian drone solutions developer
  • US$10 million strategic investment via registered direct offering, priced at US$5.35 per common share
  • Proceeds earmarked for advanced strategic capability development and general working capital
  • Investors may be watching for confirmation of closing and any subsequent defence contract announcements

Structure of the US$10 Million Registered Direct Offering

The investment is structured as a registered direct offering of 1,869,159 common shares priced at US$5.35, matching the closing price of Draganfly's shares on September 25, 2026. Gross proceeds are approximately US$10 million before placement agent discounts and offering expenses. Jett Capital Advisors, LLC and Northland Capital Markets are acting as joint-lead placement agents. The offering is being conducted solely in the United States; the release states no securities will be offered or sold to Canadian purchasers. Closing is subject to customary regulatory approvals, including from the Canadian Securities Exchange and notification to Nasdaq.

Unusual Machines' Strategic Rationale for Backing Draganfly

Unusual Machines CEO Dr. Allan Evans stated in the announcement that allied nations are entering a period in which manufacturing drones, components, and autonomous systems at scale is becoming a strategic capability. The investment, the release states, is intended to support Draganfly's production growth and deepen supplier relationships between the two companies. Draganfly CEO Cameron Chell described the transaction as being about "positioning, not size," citing convergence across customer adoption, government procurement, domestic manufacturing, defence autonomy, and strategic industry participation in both domestic and international markets.

How Draganfly Plans to Deploy the Net Proceeds

According to the announcement, Draganfly intends to use net proceeds to accelerate development of advanced strategic capabilities and to fund general working capital as it meets demand in U.S. and international markets. The company highlighted that the investment coincides with a period of accelerating commercial and defence activity, referencing significant recent procurement milestones with the Canadian Armed Forces and continued expansion of U.S. defence operations. The specific allocation of funds across programmes or geographies was not detailed further in the release.