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Investing.com -- Draganfly Inc. (NASDAQ:DPRO) stock surged 11% in pre-market trading Tuesday after the company announced it had secured a sale of its Commander 3XL Unmanned Aerial Vehicle systems to a major defense contractor.
The drone solutions developer said the buyer is "a globally recognized defense contractor specializing in persistent surveillance technologies for military operations" that works with U.S. and allied defense forces. The financial terms of the deal were not disclosed.
According to Draganfly, the Commander 3XL drones will support perimeter security, early warning, and real-time situational awareness operations. The systems are designed to operate alongside persistent platforms and ground-based command centers.
"This sale marks a significant milestone for Draganfly as we expand our presence in the defense sector," said Cameron Chell, CEO of Draganfly. "We are honored that the Commander 3XL has been chosen for integration into one of the world’s most advanced and enduring persistent surveillance platforms."
The company noted that the Commander 3XL features modular payload architecture, extended endurance, and AI-enabled mission control, making it suitable for military-grade surveillance programs. Draganfly added that the purchase demonstrates the drone’s versatility in both static and dynamic intelligence, surveillance, and reconnaissance environments.
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