DRAGANFLY COMPLETES ACQUISITION OF SKIP DYNAMIX
Draganfly has completed its acquisition of Skip Dynamix for a total consideration of up to $7.525 million, adding fixed-wing drone capabilities to its defense portfolio. The deal includes $2.525 million in cash, $2.5 million in shares issued at a deemed price of $6.46, and up to $2.5 million in earn-out payments tied to business milestones. This integration allows Draganfly to offer the Orca fixed-wing platform alongside its existing multi-rotor systems, targeting growth in U.S.
Key figures
- Deal Value Usd
- 7525000
- Cash payment
- 2525000
- Earnout potential
- 2500000
- Deemed share price
- 6.46
- Share consideration
- 2500000
AI analysis
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