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Draganfly Inc. Reports Q1 Financials and Strategic Moves
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Draganfly Inc. Reports Q1 Financials and Strategic Moves

Draganfly Inc (TSE:DPRO) has released an update.

Draganfly Inc. reported a mixed first quarter of 2024 with a 45% increase in revenue from the previous quarter but a 17% decrease year over year, along with a significant reduction in comprehensive loss compared to Q1 2023. The company also highlighted strategic agreements and initiatives, including a healthcare drone delivery partnership with Mass General Brigham and integration of its UAV technology into the UAE’s renewable energy project. Additionally, Draganfly is advancing its drone technology with the pursuit of Green UAS certification to meet U.S. cybersecurity and supply chain standards and developing tactical drone solutions with MMS Products, Inc.

For further insights into TSE:DPRO stock, check out TipRanks’ Stock Analysis page.

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