Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) announced a $10 million strategic investment from Unusual Machines Inc. (NYSE American: UMAC) and an unnamed U.S. investment fund, with each party contributing $5 million.

The transaction is structured as a registered direct offering of 1,869,159 common shares priced at $5.35 per share, based on the closing price of Draganfly's shares on Sept. 25, 2026. Gross proceeds are approximately $10 million before placement agent discounts and offering expenses.

Jett Capital Advisors LLC and Northland Capital Markets are serving as joint-lead placement agents. The offering is expected to close on or about Sept. 29, 2026, subject to customary closing conditions, including approval from the Canadian Securities Exchange and notification to the Nasdaq Stock Market.

Draganfly said it intends to use the net proceeds to develop advanced capabilities and fund general working capital. The company cited recent procurement activity with the Canadian Armed Forces and expansion of its U.S. defense operations as part of its current business environment.

"This investment into Draganfly allows us to support their production growth and deepen our supplier relationships," said Dr. Allan Evans, CEO of Unusual Machines.

Cameron Chell, CEO and Chairman of Draganfly, said the investment is "about positioning, not size," adding that it is aimed at "aligning capabilities that can best serve the industries' requirements at scale domestically and abroad."

The offering is being made pursuant to an effective shelf registration statement on Form F-10 previously declared effective by the U.S. Securities and Exchange Commission on Feb. 25, 2026. Securities will be offered and sold only in the United States.