DPRO - Draganfly jumps 7% premarket after launch of new long-range LIDAR system

Draganfly (NASDAQ:DPRO) on Tuesday has launched its new North American-made long range light detection and ranging (LIDAR) system. The system is designed to provide accurate distance and improved resolution over conventional photogrammetry methods. That would feature the scanning range of 750 meters, able to produce 0.5-centimeter point cloud precision with two-centimeter global accuracy and ensure high-resolution data at two million points per second, report. “For years, Draganfly has developed versatile, cutting-edge sensor technology that ensures precision and accuracy. Whether it is utilized by air or on the ground, our Long Range LiDAR system is able to safely and effectively provide industry leaders with the mapping data they require,” said Cameron Chell, President and CEO of Draganfly. Stock is up 7% in premarket trading. Also Read: Walmart's drone delivery plans set off visions of revenue boom for industry

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Draganfly jumps 7% premarket after launch of new long-range LIDAR system