Draganfly Inc
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*Nasdaq FSI: *Deficient: Issuer Failed to Meet NASDAQ Continued Listing Requirements


Based in Canada
Company profile

Draganfly Inc. is a manufacturer, contract engineering and product development company within the unmanned aerial vehicles space, which serves the public safety, agriculture, industrial inspections, and mapping and surveying markets. It manufactures multi-rotor helicopters, industrial aerial video systems and civilian small unmanned aerial systems or vehicles. The Company’s products include Quadcopters, Draganfly Commander2, Vital Intelligence, Quantix Mapper, Tango2, Payloads and Sensors, Universal Control System and Software. Its services include custom engineering, training, flight services, data services and varigard spraying. The Company’s wholly owned subsidiaries include Draganfly Innovations Inc., Draganfly Innovations USA, Inc. and Dronelogics Systems Inc.

Closing Price
$1.01
Day's Change
-0.015 (-1.46%)
Bid
--
Ask
--
B/A Size
--
Day's High
1.05
Day's Low
0.99
Volume
(Light)
Volume:
113,229

10-day average volume:
174,520
113,229

Lordstown's stock rallies after losses reported were narrower than expected

8:20 am ET February 28, 2022 (MarketWatch)
Print

Shares of Lordstown Motors Corp. (RIDE) rallied 1.9% in premarket trading Monday, after the electric vehicle maker reported a wider fourth-quarter loss but one that was narrower than expected. The net loss widened to $81.2 million, or 42 cents a share, from $61.7 million, or 37 cents a share, in the year-ago period. The FactSet consensus for per-share losses was 77 cents. The company did not record any sales during the quarter. The company affirmed its third-quarter 2022 target for commercial production and sales of the Endurance all-electric pickup truck, and said it expects production and sales of Endurance of about 500 vehicles this year and as many as 2,300 in 2023. The company said it ended 2021 with a cash balance of $244 million, which is $79 million above the midpoint of its previously provided guidance. Lordstown's stock has tumbled 32.6% over the past three months while the S&P 500 has slipped 4.6%.

-Tomi Kilgore

	

(END) Dow Jones Newswires

February 28, 2022 08:20 ET (13:20 GMT)

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