EXCLUSIVE: Draganfly Sells Heavy Lift Drones To Fortune 50 Giant For Emergency Missions
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 30 2025
0mins
Source: Benzinga
Draganfly Inc. Drone Sale: Draganfly Inc. has successfully sold multiple Heavy Lift Drones to a Fortune 50 telecommunications company, aimed at enhancing emergency response operations and communication networks during disasters.
Technological Integration: The collaboration with Infinity Communications allows for the effective use of UAV technology in disaster scenarios, showcasing the versatility and innovation of Draganfly's drone systems in delivering critical supplies and restoring connectivity.
Analyst Views on FITE
Wall Street analysts forecast FITE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FITE is USD with a low forecast of USD and a high forecast of 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.
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Current: 95.330
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Current: 95.330
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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.
