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Draganfly Continues to Expand Production Capacity with Second New Facility

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Los Angeles, CA. July 6, 2023 – Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions, and systems developer, is pleased to announce it is expanding its manufacturing capacity to meet demand with a new facility in Saskatoon, Saskatchewan.

This new facility in Saskatoon is designed to enable Draganfly to meet the market potential for its products and solutions. It will enable the expanded manufacturing and production of UAV systems and components, including those designed for the Draganfly Heavy Lift and Commander 3 XL drones. The facility enhances core manufacturing, assembly, integration, quality control processes and incorporates efficient design, testing, and inventory management systems that will result in increased capacity and new product production capabilities.

“The recent launch of our Burnaby facility and the operational commencement of our Texas AIR operations center has allowed us to now initiate the construction of our new facility and commence the scaling process,” said Cameron Chell, Present and CEO of Draganfly. “It is a thrilling time as the industry is expanding, and Draganfly strategically positions itself to meet this growth. The upcoming Saskatoon facility will be crucial in meeting demand while upholding our dedication to developing world-class products and solutions.”

About Draganfly

Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8A) is the creator of quality, cutting-edge drone solutions, software, and AI systems that revolutionize how organizations can do business and service their stakeholders. Recognized as being at the forefront of technology for over 24 years, Draganfly is an award-winning industry leader serving the public safety, agriculture, industrial inspections, security, mapping, and surveying markets. Draganfly is a company driven by passion, ingenuity, and the need to provide efficient solutions and first-class services to its customers around the world with the goal of saving time, money, and lives.

For more information on Draganfly, please visit us at www.draganfly.com.

For additional investor information, visit https://www.thecse.com/en/listings/technology/draganfly-inchttps://www.nasdaq.com/market-activity/stocks/dpro, or https://www.boerse-frankfurt.de/equity/draganfly-inc-1.

Media Contact

Arian Hopkins

email: media@draganfly.com

Company Contact

Email: info@draganfly.com

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Tim Dunnigan

ADVISOR

Tim Dunnigan is a thought leader and serial entrepreneur who served 22-years in the U.S. Army as a Soldier, NCO, and Commissioned Officer where he filled a myriad of dynamic leadership roles and global assignments, including three combat tours of duty. His 20-years of entrepreneurial success is guided by transformational ideas and ventures in technology, innovation, and education. Tim is the CEO & Founder at CaptureTec, LLC – a Center for Verification and Evaluation Certified, Service-Disabled Veteran-Owned Small Business (CVE SDVOSB) focused on leadership consultation, systems integration, and solutions that provide data capture for infrastructure assets using aerial, static, and mobile scanning technologies. As the COO and Co-founder at Talon Aerolytics, Tim architected the nation’s largest aerial drone services provider from inception to all 50 states serving clients including AT&T, Nokia, T-Mobile, Ericsson, and Verizon. As the CEO & Founder at Strategic Integration (CVE SDVOSB), Tim developed the CTED (Create, Test, Educate, Deploy) turnkey business model for defense consulting and technology integration, while serving America’s interests abroad through multiple U.S. DoD classified hardware and software contracts in the U.S. and overseas. Additionally, Tim is the Founder of Innovalearn, where he created education content for clients including Aflac, Synovus, Subway, and Cox Communications; the Founder of iK9 (CVE SDVOSB), where he co-authored the Veterans Administration (VA) training protocols for service dogs for Veterans with PTSD; and the Co-founder of GameLink Lounge, where he architected innovative entertainment concepts for Service Members and their families on Military installations across the U.S.

Tim is also the Founder of the I’m a Hero Too Foundation [501(c)(3)] and a children’s book author. He holds a Bachelor’s Degree in Human Development, a Master’s Degree in Organizational Leadership and Management, and has completed 2-years of PhD studies in Adult Education at Auburn University. Tim’s been awarded 6 patents and currently has two patents pending on an aerial drone delivery system he developed to fill capability gaps he witnessed during his multiple trips to Ukraine.

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