Draganfly (DRPO) Drones Selected for European SAR Operations with 35km Range
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2h ago
0mins
Source: seekingalpha
- Drone Deployment: Draganfly's drones have been selected to provide aerial support for Europe's leading search-and-rescue organizations, equipped with Smith Myers' ARTEMIS Mobile Phone Detection & Location Systems to assist in missing-person recoveries and wilderness rescues, enhancing public safety operations.
- Technical Advantages: These drones feature a maximum range of 35km and support up to 48 cellular bands, with the integration of Smith Myers payloads allowing Draganfly's APEX aircraft to be lighter and more mobile, enabling rapid deployment and reconnaissance capabilities.
- Stock Price Surge: Draganfly shares have risen 3% for the fourth consecutive trading day as momentum builds from Washington's proposed $1.5 trillion defense budget for FY27, reflecting market optimism about the company's growth potential.
- Production Capacity Outlook: By the end of 2026, Draganfly is expected to achieve a production capacity of $400 million, further solidifying its competitive position in the drone market and laying the groundwork for future business expansion.
Analyst Views on DPRO
Wall Street analysts forecast DPRO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DPRO is 14.50 USD with a low forecast of 11.00 USD and a high forecast of 19.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 9.720
Low
11.00
Averages
14.50
High
19.00
Current: 9.720
Low
11.00
Averages
14.50
High
19.00
About DPRO
Draganfly Inc. is a Canada-based company. The Company is a provider of drone solutions, Artificial intelligence (AI) driven software, and robotics. The Company provides solutions for public safety, agriculture, industrial inspections, security, mapping, and surveying. Its products include Apex, Commander 3XL, Heavy Lift Drone, Flex FPV, Commander 3XL Hybrid, Starling X.2, Payloads and Sensors, Draganflyer Commander2, Software, Precision Delivery System, Legacy Products and Projects, and Development Projects. Its services include custom engineering and drone services. Its engineering services include Hardware design, software design, development, modeling, ITAR equipment management, and support. Its drone services include aerial inspections, surveying and terrain mapping, emergency and disaster response, and landmine detection surveys. Its segments include Drones and Corporate. The Drones segment includes products and services related to the sale of unmanned aerial vehicles (UAV).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
