We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Can DPRO Gain From the Shift Toward Secure, Domestic Drone Technology?
Read MoreHide Full Article
Key Takeaways
Draganfly is gaining U.S. defense traction with its Flex FPV system and counter-UAS development.
DPRO's ACSL deal and Skip Dynamix acquisition expand its compliant and longer-range drone capabilities.
Second-quarter revenues rose 26% year over year to $2.66 million, while product sales climbed 34.6%.
Draganfly (DPRO - Free Report) is positioning itself to benefit from a growing shift toward secure, domestically produced drone technology as governments and public-safety agencies become more cautious about reliance on foreign-made systems.
The company believes agencies increasingly require drones capable of performing multiple functions, including surveillance, communications, tactical response and emergency operations, rather than relying on single-purpose systems.
Draganfly is already gaining traction with U.S. defense customers. Its Flex FPV system was selected by two additional U.S. Department of War units during the second quarter, expanding its engagement with government customers. DPRO and F4 Defense International were also selected to develop an integrated, rapidly deployable counter-UAS system designed to detect and defeat emerging drone threats. These developments could give DPRO exposure to the growing need for both drone platforms and technologies designed to counter hostile or unauthorized drones.
The company is also expanding its secure-drone capabilities through partnerships and acquisitions. Draganfly entered into an exclusive agreement with Japan’s ACSL to introduce NDAA-compliant, Japanese-manufactured drone systems in Canada and completed its acquisition of Skip Dynamix’s fixed-wing drone technology. The acquisition adds longer-range capabilities, while the ACSL agreement expands its portfolio of compliant systems for government, public-safety and commercial customers.
DPRO generated revenues worth $2.66 million in the second quarter of 2026, up 26% year over year, while product sales increased 34.6%. Revenues for the first six months reached approximately $4.98 million compared with $3.66 million in the prior-year period. Draganfly ended June with $131.9 million in cash, providing ample resources to advance its technology and pursue new opportunities.
Other Drone Companies Benefiting From the Trend
Draganfly is not alone in benefiting from increasing demand for secure and defense-focused drone technology. Red Cat Holdings (RCAT - Free Report) is expanding its presence in U.S. defense through its Teal drone systems, while AeroVironment (AVAV - Free Report) has an established position in unmanned aircraft serving military applications. As governments place greater emphasis on domestic supply chains, secure systems and counter-drone capabilities, companies like DPRO, RCAT and AVAV could benefit from increased spending across the defense drone ecosystem.
DPRO Stock’s Earnings Estimates
The Zacks Consensus Estimate for 2026 earnings per share implies an increase of 17% year over year.
Image Source: Zacks Investment Research
DPRO Stock Trades at a Discount
In terms of valuation, DPRO’s forward 12-month price-to-sales (P/S) is 1.38X, a discount to the industry’s average of 2.29X.
Image Source: Zacks Investment Research
DPRO Stock’s Price Performance
In the past three months, the company’s shares have lost 3.3% compared with the industry’s 9.8% decline.
View the Zacks #1 Rank List
Image: Bigstock
Can DPRO Gain From the Shift Toward Secure, Domestic Drone Technology?
Key Takeaways
Draganfly (DPRO - Free Report) is positioning itself to benefit from a growing shift toward secure, domestically produced drone technology as governments and public-safety agencies become more cautious about reliance on foreign-made systems.
The company believes agencies increasingly require drones capable of performing multiple functions, including surveillance, communications, tactical response and emergency operations, rather than relying on single-purpose systems.
Draganfly is already gaining traction with U.S. defense customers. Its Flex FPV system was selected by two additional U.S. Department of War units during the second quarter, expanding its engagement with government customers. DPRO and F4 Defense International were also selected to develop an integrated, rapidly deployable counter-UAS system designed to detect and defeat emerging drone threats. These developments could give DPRO exposure to the growing need for both drone platforms and technologies designed to counter hostile or unauthorized drones.
The company is also expanding its secure-drone capabilities through partnerships and acquisitions. Draganfly entered into an exclusive agreement with Japan’s ACSL to introduce NDAA-compliant, Japanese-manufactured drone systems in Canada and completed its acquisition of Skip Dynamix’s fixed-wing drone technology. The acquisition adds longer-range capabilities, while the ACSL agreement expands its portfolio of compliant systems for government, public-safety and commercial customers.
DPRO generated revenues worth $2.66 million in the second quarter of 2026, up 26% year over year, while product sales increased 34.6%. Revenues for the first six months reached approximately $4.98 million compared with $3.66 million in the prior-year period. Draganfly ended June with $131.9 million in cash, providing ample resources to advance its technology and pursue new opportunities.
Other Drone Companies Benefiting From the Trend
Draganfly is not alone in benefiting from increasing demand for secure and defense-focused drone technology. Red Cat Holdings (RCAT - Free Report) is expanding its presence in U.S. defense through its Teal drone systems, while AeroVironment (AVAV - Free Report) has an established position in unmanned aircraft serving military applications. As governments place greater emphasis on domestic supply chains, secure systems and counter-drone capabilities, companies like DPRO, RCAT and AVAV could benefit from increased spending across the defense drone ecosystem.
DPRO Stock’s Earnings Estimates
The Zacks Consensus Estimate for 2026 earnings per share implies an increase of 17% year over year.
Image Source: Zacks Investment Research
DPRO Stock Trades at a Discount
In terms of valuation, DPRO’s forward 12-month price-to-sales (P/S) is 1.38X, a discount to the industry’s average of 2.29X.
Image Source: Zacks Investment Research
DPRO Stock’s Price Performance
In the past three months, the company’s shares have lost 3.3% compared with the industry’s 9.8% decline.
Image Source: Zacks Investment Research
DPRO’s Zacks Rank
The company currently has a Zacks Rank #4 (Sell).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.