Published • loading... • Updated
Trump Jr.-backed Unusual Machines, US asset manager invest $10 million in Canada's Draganfly
The registered direct offering includes 1,869,159 shares priced at US$5.35 each to fund development and working capital.
- On Monday, September 28, 2026, Draganfly Inc. announced a US$10 million strategic investment from Unusual Machines, Inc. and a leading U.S. Investment Fund, with each partner contributing US$5M to support the company's expansion.
- This capital infusion follows recent procurement milestones with the Canadian Armed Forces and accelerating expansion of Draganfly's U.S. defense operations, positioning the company for growth.
- The registered direct offering involves 1,869,159 common shares priced at US$5.35 based on the September 25 closing price, with the investment expected to close on Tuesday, September 29, 2026.
- Draganfly will utilize net proceeds to accelerate development of advanced strategic capabilities and fund general working capital to meet demand in rapidly maturing U.S. and international markets.
- Regulatory clearances from the Canadian Securities Exchange and Nasdaq Stock Market remain pending; management previously filed a Base Shelf Prospectus on February 25, 2026, to facilitate the transaction.
Insights by Ground AI
10 Articles
10 Articles
Trump Jr.-backed Unusual Machines, US asset manager invest $10 million in Canada's Draganfly
Donald Trump Jr.-backed Unusual Machines and an unnamed US asset management company have invested $10 million in Canadian drone services firm Draganfly , as defense sector investments gather pace amid persistent geopolitical tensions.
·London, United Kingdom
Read Full Article
St Catharines Standard+2 Reposted by 2 other sources
Draganfly Announces Strategic Investment from Unusual Machines and a Leading U.S. Investment Fund
Unusual Machines (NYSE American: UMAC) and a leading U.S. Investment Fund make a strategic investment of $10M, each investing $5M into Draganfly, in support of the Company’s growing position in the U.S. defense ecosystem while also gaining access to strategic…
·Welland, Canada
Read Full ArticleCoverage Details
Total News Sources10
Leaning Left2Leaning Right2Center6Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 20%
C 60%
R 20%
Factuality
To view factuality data please Upgrade to Premium
