Draganfly stock rises on $10M strategic investment

Investing.com -- Draganfly Inc (NASDAQ: DPRO) shares rose 3.7% in premarket trading Monday following the announcement of a $10 million strategic investment from Unusual Machines Inc (NYSE: UMAC) and a leading U.S. investment fund.

The investment is priced at $5.35 per share based on the closing price from Friday, September 25, 2026, for the purchase of 1,869,159 common shares. The transaction is expected to close on or about September 29, 2026, subject to customary closing conditions and regulatory approvals.

Draganfly said the investment arrives during a period of increased commercial and defense activity across the United States and Canada, including recent procurement milestones with the Canadian Armed Forces and expansion of U.S. defense operations.

"This strategic investment from Unusual Machines and a leading U.S. Investment Fund is about positioning, not size. It is about aligning capabilities that can best serve the industries' requirements at scale domestically and abroad," said Cameron Chell, CEO and Chairman of Draganfly.

The offering is being conducted through a registered direct offering pursuant to an effective shelf registration statement previously filed with the U.S. Securities and Exchange Commission. Jett Capital Advisors and Northland Capital Markets are serving as joint-lead placement agents.

Draganfly develops drone solutions and technologies for public safety, civil, military, agriculture, industrial inspection, security, mapping, and surveying markets.

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