Draganfly has announced a $10 million strategic investment from Unusual Machines and a leading U.S. investment fund, with each investor committing $5 million to the drone technology company. The investment is intended to support Draganfly’s growing position in the U.S. defense ecosystem while expanding opportunities in international markets.
The investment comes as Draganfly sees increasing commercial and defense activity across the United States and Canada, including recent procurement milestones with the Canadian Armed Forces and continued expansion of its U.S. defense operations. Draganfly plans to use the proceeds to accelerate development of advanced strategic capabilities and provide working capital to meet demand across U.S. and international markets.
The financing is structured as a registered direct offering of 1,869,159 common shares at $5.35 per share, generating approximately $10 million in gross proceeds before placement-agent discounts and offering expenses. The price was set at market based on Draganfly’s closing share price on September 25, 2026.
Draganfly said the investment reflects the growing strategic importance of domestic drone manufacturing, autonomous systems, and defense supply chains as the U.S. and allied countries increase investment in unmanned technologies.
Unusual Machines’ participation also creates closer ties between the companies as they address growing demand for drone production and components. Unusual Machines CEO Allan Evans said the investment is intended to support Draganfly’s production growth and deepen supplier relationships.
The transaction is expected to close on or about September 29, 2026, subject to customary closing conditions and regulatory approvals, including approval from the Canadian Securities Exchange and notification to Nasdaq.
Jett Capital Advisors and Northland Capital Markets are serving as joint lead placement agents for the offering.
Draganfly develops drone systems and software for markets including public safety, defense, agriculture, industrial inspection, security, mapping, and surveying. The company has operated in the drone industry for more than 27 years.
KEY QUOTES:
“We are seeing the convergence of customer adoption, government procurement, domestic manufacturing, defense autonomy and strategic industry participation. 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.”
Cameron Chell, CEO and Chairman of Draganfly
“America and its allies are entering a period in which the ability to manufacture drones, components and autonomous systems at scale is becoming a strategic capability. This investment into Draganfly allows us to support their production growth and deepen our supplier relationships.”
Dr. Allan Evans, CEO of Unusual Machines
