Draganfly Inc. Sees Surge in Stock Amid Major Defense Contract and Optimistic Analyst Outlook

In a remarkable week for Draganfly Inc., the Canadian-based drone technology company has experienced a significant boost in its stock price, driven by a major contract with the U.S. Department of Defense and an optimistic revision of its stock price target by analysts.

On July 16, 2025, Draganfly announced that its Commander3 XL UAV system had been selected by a major branch of the U.S. Department of Defense for advanced operation initiatives. This development was met with enthusiasm from investors, as evidenced by the stock’s performance. Multiple sources, including GlobeNewswire, Benzinga, and Investing.com, reported that Draganfly’s stock soared following the announcement. The Commander3 XL UAV, often referred to as a “Swiss Army Knife” drone, is celebrated for its versatility and advanced capabilities, making it a valuable asset for defense operations.

The contract with the Department of Defense is a significant milestone for Draganfly, underscoring the company’s reputation as an award-winning developer of drone solutions, software, and robotics. This selection not only highlights the technological prowess of the Commander3 XL UAV but also positions Draganfly as a key player in the defense sector.

In addition to the defense contract, Draganfly’s stock received a further boost from a positive revision by H.C. Wainwright. On July 17, 2025, the investment firm raised its stock price target for Draganfly from $3.50 to $6. This optimistic outlook reflects confidence in the company’s growth potential and its strategic positioning within the rapidly expanding drone industry.

The broader context of this development is the U.S. government’s commitment to strengthening its commercial and defense drone production capabilities. Recent executive orders aim to streamline the procurement process and increase production, benefiting manufacturers like Draganfly that focus on commercial and defense applications.

As of July 15, 2025, Draganfly’s stock was trading at CAD 7.09 on the Canadian National Stock Exchange, with a 52-week high of CAD 7.8 and a low of CAD 2.24. The company’s market capitalization stands at approximately CAD 72,771,414. The recent developments suggest a promising trajectory for Draganfly, as it continues to capitalize on its innovative solutions and strategic partnerships.

Investors and industry observers will be keenly watching Draganfly’s next moves, particularly as the company leverages its recent successes to expand its footprint in both commercial and defense markets. With a strong foundation and a clear vision for growth, Draganfly is well-positioned to navigate the evolving landscape of drone technology.