Pre-Hours Stock Boost For Draganfly (DPRO) After Securing Oil Industry Contract

Following the acquisition of a substantial development contract from a leading oil corporation, Draganfly Inc. (NASDAQ: DPRO) is seeing a notable uptick in its stock value. As per the most recent pre-market check, DPRO shares have risen by 3.77%, reaching $2.48.

Draganfly Entered Into A Partnership For Advanced UAS Solution

Draganfly, in collaboration with Nightingale Security—a prominent player in robotic aerial security—has been chosen by a major oil and gas firm to create a comprehensive automated Unmanned Aerial System (UAS) for infrastructure surveillance. This initiative represents a pivotal advancement in employing sophisticated UAS remote sensing technologies to boost both operational efficiency and safety within the oil and gas industry.

DPRO Will Integrate Cutting-Edge Technology

The Draganfly APEX is a cutting-edge Unmanned Aerial Vehicle (UAV) platform designed to deliver outstanding performance with a range of payloads and peripherals which will be used in the project. Moreover, a specific sensor suite, comprising thermal, RGB, Tunable Diode Laser Absorption Spectroscopy (TDLAS), and Optical Gas Imaging (OGI) sensors, will be installed in this integrated system. Real-time infrastructure monitoring will be made easier by this combination, enabling the accurate identification of leaks, pollutants, and structural abnormalities.

Future Phases And Strategic Benefits

The initial phase of the project, which involved sensor validation and selection, has been successfully completed. The subsequent phase will include demonstrations and field testing, projected to extend through the year’s end. Future stages will see the Draganfly APEX incorporated with Nightingale Security’s Drone in a Box flight software.

This integration will harness Nightingale’s cutting-edge automation, originally developed for security purposes, to deliver a fully automated remote sensing system. This collaboration will enable the oil and gas company to maintain vigilant monitoring of infrastructure in remote, hazardous, and radio-frequency-challenged environments, ensuring continuous oversight and rapid response to potential issues.

For Nightingale Security, partnering with Draganfly (DPRO) will enhance their focus on Drone as a First Responder (DFR) missions while benefiting from the advanced capabilities of the APEX drone.

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