Draganfly to Participate in Canadian Working Group for Uncrewed Aircraft Systems in Support of Government of Canada's Newly Announced Defence Industrial Strategy
MWN-AI** Summary
Draganfly Inc. (NASDAQ: DPRO), a pioneering developer in drone solutions, is set to play a key role in supporting Canada’s newly unveiled Defence Industrial Strategy. Announced by Prime Minister Mark Carney, this strategy aims to enhance the Canadian Armed Forces (CAF) by prioritizing domestic production and supply chains, particularly in uncrewed and autonomous aerial systems. Beginning February 23, 2026, Draganfly will engage in the Canadian Army's inaugural Collaborative Uncrewed Aircraft Systems Working Group in Ottawa, demonstrating its commitment to strengthening Canada’s sovereign defense capabilities.
The Defence Industrial Strategy highlights drones as critical assets for national defense, noting the importance of fostering local expertise and partnerships with Canadian firms like Draganfly. With over 25 years of experience, Draganfly holds a distinguished position as the world's oldest commercial drone manufacturer, equipped with proven technologies to meet the operational needs of the CAF.
The strategy emphasizes the creation of a resilient industrial base while advocating for “Build in Canada” procurement principles, marking a significant shift in the Canadian defense landscape. Draganfly is positioned to contribute meaningfully to this vision, aligning its innovative capabilities with national interests in defense and security technology.
In its commitment to providing advanced drone solutions, Draganfly aims to enhance operational efficiency for various sectors, including public safety, agriculture, and industrial inspections. The company's participation in the working group is seen not only as a partnership with the government but also as a strategic move to bolster its influence within Canada’s defense sector.
As the company moves forward, it will navigate potential challenges and uncertainties inherent in the marketplace while advancing its mission to deliver state-of-the-art solutions that can save time, resources, and lives. For more information, visit Draganfly’s website or follow their stock performance on NASDAQ.
MWN-AI** Analysis
As Draganfly Inc. (NASDAQ: DPRO) prepares to engage in the Canadian Army's Collaborative Uncrewed Aircraft Systems Working Group, several market dynamics position the company favorably within the burgeoning drone sector shaped by the Government of Canada's newly announced Defence Industrial Strategy. This strategy prioritizes the development of sovereign defense capabilities, particularly emphasizing uncrewed and autonomous systems – sectors where Draganfly holds significant expertise.
Given Draganfly’s status as one of the world’s oldest commercial drone manufacturers, its involvement in the working group can lead to strategic partnerships with the Canadian Armed Forces (CAF) and other domestic defense firms, potentially expanding its revenue streams. The government's focus on "Build in Canada" reveals a transformative landscape for defense procurement, which will likely provide Draganfly with an advantage in securing government contracts.
From a financial perspective, investors may want to consider the stock's potential growth in relation to these developments. Draganfly’s participation not only aligns with national priorities but also enhances its visibility and credibility within a sector that is poised for rapid expansion, fueled by increased defense spending and advancements in drone technologies. With a strong legacy and proven solutions across various markets, Draganfly presents a unique investment opportunity.
However, investors should keep a watchful eye on the inherent risks associated with government contracts, market competition, and the technological integration challenges that may arise. Potential volatility in DPRO's stock price could coincide with broader market sentiments towards defense industries and technological advancements.
In conclusion, Draganfly's alignment with government initiatives, strong positioning within the drone market, and potential for growth present compelling investment opportunities; yet, prospective investors must remain attentive to the evolving landscape and associated risks.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Ottawa, ON, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, welcomes the Government of Canada’s newly announced Defence Industrial Strategy and, as an initial step in supporting its implementation, will participate in the Canadian Army’s first Collaborative Uncrewed Aircraft Systems Working Group beginning Monday, February 23, in Ottawa, Canada.
Announced on Tuesday, February 17, Prime Minister Mark Carney unveiled a visionary and transformational Defence Industrial Strategy to rebuild, renew, and rearm the Canadian Armed Forces (CAF). The Strategy represents a fundamental shift toward strengthening Canada’s sovereign defence capabilities across supply chains and domestic production, with particular emphasis on advancing uncrewed and autonomous aerial systems.
On Monday, February 23, Draganfly will participate in the Canadian Army Minerva Uncrewed Aircraft Systems Working Group, an event directly aligned with the key priorities of the Defence Industrial Strategy. The Strategy identifies drones as a critical sovereign capability for Canada, underscoring the importance of investing in domestic expertise and strategic partnerships with Canadian defence firms such as Draganfly. This approach supports secure supply chains, sustained innovation, and reliable domestic production capacity to meet the needs of the Canadian Armed Forces.
As the world’s oldest commercial drone manufacturer, with over 25 years of design, engineering, and development experience, and as one of the few Canadian manufacturers with proven, field-tested drone solutions, Draganfly is well positioned to support the Government of Canada’s vision to strengthen domestic defence capabilities. The Strategy’s emphasis on developing sovereign Canadian defence competencies, building a resilient and innovative industrial base, and making “Build in Canada” the guiding North Star of procurement reflects a meaningful and transformational shift.
Draganfly looks forward to playing a leadership role within Canada’s defence industry and working with the Government of Canada to strengthen the country’s domestic capacity to design, develop, and produce advanced drone solutions and systems.
About Draganfly
Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8A) is a leader in cutting-edge drone solutions and software that are transforming industries and serving stakeholders globally. Recognized for innovation and excellence for over 25 years, Draganfly delivers award-winning technology to the public safety, agriculture, industrial inspection, security, mapping, and surveying markets. The Company is driven by passion, ingenuity, and a mission to provide efficient solutions and first-class services to customers worldwide, saving time, money, and lives.
For more information, visit www.draganfly.com.
For investor details, visit:
NASDAQ (DPRO)
CSE (DPRO)
FSE (3U8A)
Media Contact
Erika Racicot
Email: media@draganfly.com
Company Contact
Cameron Chell
Chief Executive Officer
(306) 955-9907
info@draganfly.com
Forward-Looking Statements
This release contains certain “forward looking statements” and certain “forward-looking ????information” as ????defined under applicable securities laws. Forward-looking statements ????and information can ????generally be identified by the use of forward-looking terminology such as ?????“may”, “will”, “expect”, “intend”, ?????“estimate”, “anticipate”, “believe”, “continue”, “plans” or similar ????terminology. Forward-looking statements ????and information are based on forecasts of future ????results, estimates of amounts not yet determinable and ????assumptions that, while believed by ????management to be reasonable, are inherently subject to significant ????business, economic and ????competitive uncertainties and contingencies. Forward-looking statements ????include, but are not ????limited to, statements with respect to Draganfly’s participation in the Uncrewed Aircraft Working Group, as well as the statement that Draganfly looks forward to working with the Government of Canada to pursue potential partnerships that strengthen Canada’s domestic capacity to design, develop, and produce advanced drone solutions and systems. Forward-????looking statements and information are subject to various ?known ??and unknown risks and ?????uncertainties, many of which are beyond the ability of the Company to ?control or ??predict, that ????may cause ?the Company’s actual results, performance or achievements to be ?materially ??different ????from those ?expressed or implied thereby, and are developed based on assumptions ?about ??such ????risks, uncertainties ?and other factors set out here in, including but not limited to: the potential ???????impact of epidemics, ?pandemics or other public health crises, including the ?COVID-19 pandemic, on the Company’s business, operations and financial ????condition; the ???successful integration of ?technology; the inherent risks involved in the general ????securities markets; ???uncertainties relating to the ?availability and costs of financing needed in the ????future; the inherent ???uncertainty of cost estimates; the ?potential for unexpected costs and ????expenses, currency ???fluctuations; regulatory restrictions; and liability, ?competition, loss of key ????employees and other related risks ???and uncertainties disclosed under the ?heading “Risk Factors“ ????in the Company’s most recent filings filed ???with securities regulators in Canada on ?the SEDAR ????website at www.sedar.com and with the United States Securities and Exchange Commission (the “SEC”) on EDGAR through the SEC’s website at www.sec.gov. The Company undertakes ???no obligation to update forward-?looking ????information except as required by applicable law. Such forward-???looking information represents ?????managements’ best judgment based on information currently available. ???No forward-looking ????statement ?can be guaranteed, and actual future results may vary materially. ???Accordingly, readers ????are advised not to ?place undue reliance on forward-looking statements or ???information.?
FAQ**
How does Draganfly Inc. DPRO plan to leverage its 25 years of experience in drone technology to support the Canadian government's Defence Industrial Strategy announced on February 17, 2026?
What specific roles will Draganfly Inc. DPRO take on during the Canadian Army's Uncrewed Aircraft Systems Working Group beginning February 23, 2026, to align with government priorities?
In what ways does Draganfly Inc. DPRO intend to strengthen Canada’s domestic drone capabilities while ensuring secure supply chains and innovation in response to the new Defence Industrial Strategy?
What potential risks and uncertainties should investors be aware of concerning Draganfly Inc. DPRO's ability to fulfill its commitments under the newly announced Defence Industrial Strategy?
**MWN-AI FAQ is based on asking OpenAI questions about Draganfly Inc. - Common Shares (CNQC: DPRO:CC).
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