Canadian unmanned aerial vehicle (UAV) company, Draganfly Inc (NASDAQ: DPRO) (CSE: DPRO), received a purchase order from the U.S. Department of Defense (DoD) for its Commander 3XL drones.
On Monday, TB2 Aerospace (TB2) placed a purchase order with the company for its Commander 3XL drones, which will be deployed with TB2’s drone recharging operational payload system pods (DROPS) for use in various Department of Defence (DoD) missions.
This order marks an important moment for Draganfly as it steps into a more militarized application of its technology, emphasizing logistics and tactical resupply capabilities within various branches of the U.S. military.
The Commander 3XL drone offers versatility and efficiency, making it a prime choice for military operations where logistics are complex and risky.
With the integration of the TB2 Aerospace DROPS UAV Cargo POD, it transforms into a key transport vehicle for autonomous tactical resupply missions. Its ability to operate across varied terrains and challenging conditions without human intervention enhances its value in modern warfare, where supply lines are critical yet vulnerable.
“We chose Draganfly to be our launch and developmental partner as they have a fantastic series of UAVs,” said Hank Scott, chief executive officer of TB2.
Scott mentioned that their aircraft are incredibly stable, simple to fly, and easy to set up. He was particularly impressed by the shared components across the three UAV models. Using the same controllers, batteries, motors, and parts allows the DoD to train warfighters on operating all three UAV sizes with one straightforward, standardized training program.
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Purchase order may drive a demand surge
Furthermore, Draganfly’s FlexForce Modular FPV (First Person View) System, which the company originally unveiled in May 2024 after successful military demonstrations, complements this purchase order.
The company designed the FlexForce system for maximum flexibility. It allows for rapid deployment and adaptability in various combat scenarios.
Economically, this purchase order may drive a surge in demand for specialized military drones, potentially boosting investment in drone technology research and development. For Draganfly, the contract could accelerate production and innovation.
Draganfly also recently reported strong Q2 2024 earnings, with organic revenue reaching CAD$1.7 million. This represents a 30 per cent increase from the previous quarter, and a gross profit of CAD$461,000. The company also raised approximately USD$2 million through a unit sale to an institutional investor.
Additionally, Draganfly partnered with Nightingale Security to deliver an automated drone-based monitoring system for a major oil and gas company. Additionally, the company launched its new APEX drone, built for defense applications. It has since been selected by the U.S. Department of Defense for various missions.
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