DRAGANFLY TO ACQUIRE SKIP DYNAMIX FIXED WING ULTRA-LOW COST, MASS PRODUCIBLE TECHNOLOGY, INTELLECTUAL PROPERTY AND INFRASTRUCTURE

Draganfly has entered a definitive agreement to acquire substantially all assets of Skip Dynamix, a developer of low-cost fixed-wing drones, for up to $7.525 million. The deal adds the 'Orca' fixed-wing platform to Draganfly’s existing multi-rotor portfolio, specifically targeting long-range ISR, electronic warfare, and one-way missions for defense customers. Payment includes $2.525M in cash at closing, $2.5M in equity subject to founder retention, and up to $2.5M in earn-out based on milestones.

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