Reaching a Tipping Point?
DRAGANFLY INC | | CSE:DPRO | FSE:3U8 | NASDAQ:DPRO
This projected $501 billion industry* is taking off, and the leading innovator in the sector, Draganfly, could soon see that success pay off in a major way.
That’s because Goldman Sachs is saying cutting-edge drone technology is “creating a market opportunity that’s too big to ignore.”
Decades ago, they were used for projects that were either too “dull, dirty, or dangerous” for humans, being used mostly in the military.
Today, it’s spread like wildfire to find new, exciting applications in our everyday lives.
And drone technology is now disrupting industries across all corners of the markets.
That includes industries from public safety to healthcare, agriculture to mining and energy, and much more.
Plus, it’s continuing to grow at an astounding clip despite strict regulations on the industry.
But while many see regulations in this booming commercial drone industry as a challenge, it’s a huge safeguard for the public to make sure the technology is being used safely and responsibly.
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And for Draganfly, it serves another huge benefit.
This regulatory red tape has helped them create a massive moat in an industry that they’ve dominated for over 20 years.
After selling more than 9,000 drones to date, they’ve been in the sector long enough to see one new startup after another try to compete against them… only to fall flat and disappear.
Draganfly has been a leading innovator in the commercial drones space after working with some of the largest brand names in the world.
Their customer list includes impressive names like GMC, Ford, Warner Bros, Red Bull, Shell, and even the Canadian government.
In fact, they frequently work with sheriff’s departments, US marshals, and homeland security, using their technology to keep everyday folks safe without them even being aware.
And Draganfly has led the markets with one industry first after another.
They’re responsible for creating the first quadcopter, the first drone with a camera, the first life-saving drone, and even the first drone inducted into the Smithsonian Museum.
But perhaps more impressive is how they’ve managed to grow their business and continue to innovate over the years.
They’ve become a premiere name in commercial drones while growing in a remarkably lean and low-risk way.
As one of the leading names in North America, Draganfly are often approached to take on new projects and develop innovative new technology.
And after creating these creative solutions, they can then use that again to grow their intellectual property portfolio…
So they can then go out and use those solutions with other customers in the same or similar markets.
This has been the strategy that’s helped them build their portfolio up to dozens of patents.
And it’s helped them grow that competitive moat even larger, making it ever harder for up-and-comers to compete against Draganfly.
With more than 20 years of experience building up patents and refining their technology, it’s hard for any other competitor to stack up against them.
And Draganfly could soon become a household name as they’re branching into another major industry.
*Source: Grand View Research
Innovating Into New Territory
DRAGANFLY INC | | CSE:DPRO | FSE:3U8 | NASDAQ:DPRO
As the commercial drone markets continue to race ahead faster than anyone thought possible, Draganfly was called on to help with a project that could have profound implications for public health.
A public safety customer approached them to help develop new technology that could manage well-being threats.
Which is how Draganfly discovered a way to assess biometric data using high-resolution cameras and leading edge data analysis sets.
Through this novel technology, they’re now able to calculate your pulse, blood pressure, blood oxygenation levels, and more just through the camera of your iPhone.
This type of technology is a game-changer when it comes to making telehealth appointments and checking vitals without ever stepping in the same room as a doctor.
But they’re able to integrate this technology into not just personal devices like cell phones, but through CCTV cameras as well.
That allows public safety departments to identify areas of concern and deploy resources to areas in need in order to help stop the spread before things get worse.
It could be play a key role in helping maintain good health in the community using the latest technology.
But Draganfly isn’t stopping there.
They’re also taking their technology to the next level in education thanks to a big-name partnership.
Draganfly recently announced they’ve signed an agreement with WozED.
For those not already familiar, WozED is the education company started by Apple co-founder, Steve Wozniak, for children between Kindergarten and 12th grade.
And through this agreement, Draganfly would supply 3,000 drones to help deliver their drone curriculum to the next generation.
With Draganfly’s drones in the room, it would allow kids to get hands-on experience in this fast-rising sector through exciting classroom activities.
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The program teaches intro to aviation to young children as early as Kindergarten.
In middle school, they start learning different flight skills and physics using drones.
And by the end of high school, they’re learning engineering skills like how to build and take apart drones.
By the time students are done, they even have the chance to become certified as a drone pilot.
This hands-on experience and certification can set these kids to stand apart from the competition as more jobs come on the markets for commercial drones.
That’s great news for students as some experts are predicting the drone industry will play a bigger and bigger part of our daily lives.
Goldman Sachs is now reporting, “With the evolution of regulations, we see drones headed for new heights in the business world.”
And as the leading innovator of this industry for over 20 years and with a moat of countless patented technologies…
Draganfly are poised to play an important role in this industry boom as the commercial drone industry finds more new ways to improve people’s lives.
https://timesofindia.indiatimes.com/business/international-business/draganfly-is-ahead-of-the-game-in-the-projected-501-billion-drone-industry/articleshow/86674614.cms