Draganfly Joins Canadian Army UAS Working Group as Ottawa Unveils New Defence Industrial Strategy
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Draganfly ( (TSE:DPRO) ) has provided an announcement.
On February 19, 2026, Draganfly Inc. said it will participate in the Canadian Army’s first Minerva Collaborative Uncrewed Aircraft Systems Working Group in Ottawa starting Monday, February 23, aligning itself with the Government of Canada’s newly announced Defence Industrial Strategy. The company framed its role as supporting a policy shift that prioritizes sovereign defence capabilities and domestic production of advanced uncrewed and autonomous aerial systems.
The federal strategy, unveiled on February 17 by Prime Minister Mark Carney, designates drones as a critical sovereign capability and emphasizes “Build in Canada” procurement, creating a favourable backdrop for established domestic providers such as Draganfly. By joining the working group, Draganfly aims to cement a leadership position in Canada’s defence drone ecosystem and potentially deepen ties with the Canadian Armed Forces, with implications for its long-term role in military supply chains and innovation efforts.
The most recent analyst rating on (TSE:DPRO) stock is a Buy with a C$14.00 price target. To see the full list of analyst forecasts on Draganfly stock, see the TSE:DPRO Stock Forecast page.
Spark’s Take on TSE:DPRO Stock
According to Spark, TipRanks’ AI Analyst, TSE:DPRO is a Neutral.
Draganfly’s overall stock score reflects a challenging financial situation with persistent losses and cash flow issues. However, strategic partnerships and recent corporate events in the defense sector provide a positive outlook. The technical analysis and valuation suggest caution, but the company’s strong cash position and growth initiatives offer potential for future improvement.
To see Spark’s full report on TSE:DPRO stock, click here.
More about Draganfly
Draganfly Inc. is a Canadian developer and manufacturer of cutting-edge drone solutions and software, recognized as the world’s oldest commercial drone maker with more than 25 years of design, engineering, and development experience. Its award-winning uncrewed aircraft systems serve public safety, agriculture, industrial inspection, security, mapping, and surveying markets worldwide, focusing on efficient, mission-critical applications that save time, money, and lives.
Average Trading Volume: 66,667
Technical Sentiment Signal: Buy
Current Market Cap: C$224.5M
For detailed information about DPRO stock, go to TipRanks’ Stock Analysis page.
