Gold prices bounce off 3-week lows; demand likely longer term
GOLDEN, CO - TB2 Aerospace LLC and Draganfly Inc. (NASDAQ: DPRO), a $33 million market cap drone technology company, announced Tuesday that their Drone Recharging Operational Payload System (DROPS) achieved a 100% success rate during the U.S. Army’s Sustainment Modernization Experiment 2025 (SMEX25). According to InvestingPro data, Draganfly maintains a strong balance sheet with more cash than debt.
The system, integrated with Draganfly’s Commander 3XL drone, autonomously deployed, recovered, and recharged TB2’s tactical resupply pods during the week-long field exercises, according to a company press release.
"Our system’s performance in a live operational environment validates its potential to revolutionize military tactical resupply and contested logistics," said Hank Scott, CEO of TB2 Aerospace.
The DROPS technology demonstrated autonomous payload operations, eliminating the need for manual intervention in tactical resupply missions. The system also showed platform compatibility across various drones, with the Draganfly Commander 3XL now designated as "DROPS Enabled." The companies stated that Draganfly’s Apex and Heavy Lift models are in the process of receiving similar capabilities. Want deeper insights? InvestingPro offers 16 additional investment tips and comprehensive analysis for DPRO, including detailed financial health metrics and Fair Value estimates.
The field demonstration was conducted in alignment with the Presidential Executive Order on American Drone Dominance, the companies noted.
TB2 Aerospace, founded in 2020, specializes in autonomous logistics and tactical payload systems for defense applications. Draganfly, with over 25 years in the drone industry, provides solutions for various sectors including public safety, agriculture, and industrial inspections.
The announcement comes as military organizations increasingly explore autonomous systems to reduce human exposure in logistics operations.
In other recent news, Draganfly Inc. reported a 16.4% increase in revenue for Q1 2025, reaching $1.55 million. Despite this revenue growth, the company faced a comprehensive loss of $3.4 million. Draganfly has also announced a public offering priced at $2.50 per unit, aiming to raise approximately $13.75 million in gross proceeds. The company plans to use these funds for general corporate purposes, including product development and potential acquisitions. Additionally, Draganfly has begun delivering its Flex FPV drone systems to a major U.S. military contractor, supporting land operations for allied forces. In a strategic move, the Cochise County Sheriff’s Department has selected Draganfly drones to enhance border surveillance efforts, highlighting the adaptability and multi-mission potential of their systems. Analyst firms have yet to provide an upgrade or downgrade on Draganfly’s stock, but the company’s strategic partnerships and product launches indicate a focus on future growth. Draganfly’s ongoing initiatives reflect its commitment to expanding its presence in both defense and public safety sectors.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.