Draganfly Secures 10 Million Investment
Unusual Machines and a US asset manager are investing 10 million dollars in Canadian drone maker Draganfly. The company plans to use the funds to accelerate advanced strategic capabilities. Draganfly shares rose in pre-market trading following the news.
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UNUSUAL MACHINES INC /US and an unnamed United States asset manager invested $10 million in DRAGANFLY INC during Monday morning trade. The funding comes as defense sector investments accelerate amid geopolitical tensions. The capital injection provides vital working capital for the Canada-based drone services provider.
