Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) has closed a registered direct offering of 1,869,159 common shares at $5.35 per share, raising approximately $10 million in gross proceeds before placement agent discounts and offering expenses.

Jett Capital Advisors, LLC and Northland Capital Markets served as joint-lead placement agents for the transaction. Securities were offered and sold in the United States only, with no securities sold to Canadian purchasers.

According to a statement from the company, Draganfly intends to use the net proceeds to accelerate the development of advanced strategic capabilities and to fund general working capital.

The offering was made pursuant to a shelf registration statement on Form F-10 that became effective with the U.S. Securities and Exchange Commission on February 25, 2026, and the company's Canadian short form base shelf prospectus dated October 24, 2025.