Draganfly Completes Acquisition of Skip Dynamix, Bolstering Defense Fixed-Wing Drone Portfolio
Drone manufacturer Draganfly Inc. (NASDAQ: DPRO) has completed its acquisition of Skip Dynamix Corporation in a deal valued at up to $7.55 million. The transaction brings Skip Dynamix's Orca fixed-wing UAV platform into Draganfly's defense portfolio, strengthening the company's position in U.S. DoD, NATO, and Indo-Pacific security markets.
Highlights
- Draganfly Inc. (NASDAQ: DPRO) completed the acquisition of Skip Dynamix Corporation on June 11, 2026, for total consideration of up to $7.55 million.
- The deal structure includes $2.525 million cash at closing, $2.5 million in Draganfly shares at $6.46 per share, and up to $2.5 million in performance earn-outs.
- Skip Dynamix's Orca hand-launched fixed-wing sUAS platform is now integrated into Draganfly's defense product portfolio, filling a long-range capability gap.
- The acquisition targets growth opportunities in U.S. Department of Defense programs, NATO modernization initiatives, and Indo-Pacific security markets.
- Skip Dynamix co-founders Jonathan Baron and Andrew Chapman will remain with the combined company, contributing fixed-wing sUAS expertise.
Draganfly Completes Acquisition of Skip Dynamix, Bolstering Defense Fixed-Wing Drone Portfolio
Tampa, Florida — June 11, 2026 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8), a leading provider of drone solutions, has announced the formal completion of its previously disclosed acquisition of Skip Dynamix Corporation. The transaction was first announced on May 18, 2026.
Deal Structure
The total consideration for the acquisition is valued at up to $7.55 million, structured across three components:
- Cash at closing: $2.525 million
- Draganfly common shares: $2.5 million, issued at a deemed price of $6.46 per share via Special Warrants; vesting is contingent on the founders remaining actively engaged with Draganfly operations for at least one year post-closing.
- Performance-based earn-out: Up to $2.5 million, payable in cash or up to 80% in Draganfly shares at $6.46 per share (at the company's discretion), subject to the achievement of specified business milestones.
Strengthening the Defense Platform Portfolio
With the transaction complete, Draganfly has deepened its defense product portfolio and solidified its competitive position in the rapidly growing market for low-cost autonomous aerial systems. Skip Dynamix's fixed-wing platform architecture — optimized for low-cost, high-volume production — has now been integrated into Draganfly's manufacturing, autonomous flight, AI, and military systems capabilities.
"We are pleased to complete this acquisition and officially welcome the Skip Dynamix team to Draganfly," said Cameron Chell, CEO of Draganfly. "This transaction positions us to meet the growing global demand for affordable, scalable autonomous systems."
The deal is expected to enhance Draganfly's competitive standing across U.S. Department of Defense programs, NATO modernization initiatives, and Indo-Pacific security programs. Draganfly plans to integrate Skip Dynamix's technology into its broader defense ecosystem, encompassing AI-driven autonomous flight, sensor integration, and next-generation mission systems.
Transaction Highlights
Multi-Mission Platform
The Orca fixed-wing platform complements Draganfly's existing multi-rotor lineup — including the Flex FPV, Apex, Commander 3XL, and Heavy Lift systems — by adding long-range, hand-launched fixed-wing capability that fills a critical gap in the company's product offering.
Expanded Market Reach
The acquisition broadens Draganfly's footprint across defense, national security, government, and international markets, while also bringing in Skip Dynamix's existing Orca platform opportunity pipeline.
Revenue Synergies
Management anticipates meaningful revenue synergies from the combined entity, with projected incremental revenues expected to exceed Skip Dynamix's standalone forecasts.
Key Talent Retention
Skip Dynamix co-founders Jonathan Baron and Andrew Chapman will continue with the combined company under employment agreements, contributing specialized expertise in fixed-wing small unmanned aircraft systems (sUAS).
About Skip Dynamix
Skip Dynamix is a Delaware-based drone technology company focused on the design, manufacture, marketing, sale, and distribution of long-range, highly customizable, multi-purpose, hand-launched fixed-wing sUAS. Its flagship product is the Orca platform, which serves defense, national security, government, and international market customers.
About Draganfly
Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8) is a leading developer of cutting-edge drone solutions and software, dedicated to transforming industries and serving stakeholders worldwide. With over 25 years of industry experience, Draganfly is an award-winning original equipment manufacturer (OEM) and technology integrator serving public safety, civil, military, agriculture, industrial inspection, security, mapping, and survey markets.
For more information, visit www.draganfly.com
Media Contact: Erika Racicot | media@draganfly.com
Company Contact: Cameron Chell, CEO | (306) 955-9907 | info@draganfly.com
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