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Draganfly agrees to buy Skip Dynamix drone assets for up to US$7.53 million
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Draganfly agrees to buy Skip Dynamix drone assets for up to US$7.53 million
  • Draganfly agreed to buy substantially all assets of Skip Dynamix’s fixed-wing drone technology business, adding the Orca platform focused on ultra-low-cost, mass-producible long-range systems for ISR, electronic warfare support, logistics, and one-way missions.
  • Purchase price of up to USD 7.53 million includes USD 2.53 million cash at closing, USD 2.5 million in Draganfly common shares via a special warrant, plus up to USD 2.5 million in milestone-based earn-out paid in cash or shares.
  • The share component vests if each founder remains employed through at least the first anniversary of closing; founders Jonathan Baron and Andrew Chapman are set to continue with the combined business.
  • The deal is expected to close in early June 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Draganfly Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605180830PRIMZONECNPR____9722025) on May 18, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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