Last Friday, shares of Draganfly Inc. (NASDAQ: DPRO) jumped 28.02% to close at $2.97. The recent strategic success of the firm in deploying its Drone Recharging Operational Payload System (DROPS) in collaboration with TB2 Aerospace LLC during the U.S. Army’s Sustainment Modernization Experiment 2025 (SMEX25) was the catalyst for this dramatic rise.
Autonomous Resupply Technology Proves Operational Viability
The DROPS technology, integrated into Draganfly’s Commander 3XL drone, demonstrated a perfect 100% success rate in autonomously deploying, retrieving, and recharging TB2’s tactical resupply pods during the week-long SMEX25 field exercises.
Defense experts and military assessors praised the system’s performance in real-world operational settings, which demonstrated its ability to improve logistical operations in harsh and stressful environments.
For TB2 Aerospace, the successful testing represents a significant advancement in autonomous logistics. It proved that the Commander 3XL could manage vital payloads on its own, lowering the need for human interaction and offering a more efficient way to carry out tactical resupply operations.
Flexibility in Technology and Modular Integration
DROPS’ plug-and-play versatility was highlighted by its cross-platform connectivity, especially with Draganfly’s Commander 3XL. While the Commander 3XL is now fully DROPS Enabled, efforts are underway to integrate the system with Draganfly’s Apex and Heavy Lift drone platforms, broadening its utility across various mission profiles.
The collaboration highlighted TB2’s commitment to providing transformative support capabilities to its partners and demonstrated how emerging aerospace technologies can address the complex needs of modern military logistics.
Equity Offering Strengthens Financial Position
Further reinforcing its strategic momentum, Draganfly concluded a public offering of 5,500,000 units. Each unit comprises one common share and one warrant to purchase an additional share. Priced at US$2.50 per unit, the offering generated gross proceeds of approximately US$13.75 million.
The associated warrants, with an exercise price of CA$5.0768 (or US$3.71), are immediately exercisable and valid for five years from issuance. This capital infusion positions Draganfly to accelerate development and deployment of advanced drone systems and further its foothold in defense and industrial sectors.