Canadian drone company Draganfly wins US$10-million investment
Advertisement
Read this article for free:
or
Already have an account? Log in here »
To continue reading, please subscribe:
Digital Subscription
One year of digital access for only $205*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*First annual payment billed as $205.00 + GST for one year. This annual subscription will automatically renew at $233.00 + GST every 52 weeks (10% off the regular annual price of $259.35). Offer available to new and qualified returning subscribers only. Cancel any time.
To continue reading, please subscribe:
Add Free Press access to your Brandon Sun subscription for only an additional
$1 for the first 4 weeks*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Your next Brandon Sun subscription payment will increase by $1.00 and you will be charged $17.95 plus GST for four weeks. After four weeks, your payment will increase to $24.95 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
TORONTO – Canadian drone developer Draganfly Inc. says it has received a $10-million investment from an unnamed U.S. investment fund and Unusual Machines Inc., a company linked to Donald Trump Jr.
Under the agreement, the investment fund and Unusual Machines are both investing US$5 million.
Unusual Machines, a supplier of drone components, named the U.S. president’s son to its advisory board in November 2024.
Draganfly says it intends to use the money to accelerate development and fund general working capital.
Draganfly chairman and CEO Cameron Chell says the company is seeing the convergence of customer adoption, government procurement, domestic manufacturing, defence autonomy and strategic industry participation.
Shares in the company were up 52 cents or about seven per cent at C$8.02 in trading on the Canadian Securities Exchange.
This report by The Canadian Press was first published Sept. 28, 2026.