DRAGANFLY TO ACQUIRE SKIP DYNAMIX FIXED WING ULTRA-LOW COST, MASS PRODUCIBLE TECHNOLOGY, INTELLECTUAL PROPERTY AND INFRASTRUCTURE

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Integrates Ultra-Low Cost, Mass-Producible Long-Range Surveillance and One Way Systems into the Draganfly Platform of Drones

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Tampa, FL., May 18, 2026 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce that it has entered into a definitive asset purchase agreement (the “Agreement”) with Skip Dynamix, Corporation (“Skip Dynamix”), a developer of ultra-low-cost, mass-producible fixed-wing unmanned aerial systems designed for long-range intelligence, surveillance and reconnaissance (“ISR”), electronic warfare support, logistics, and one-way missions. pursuant to which Draganfly has agreed to acquire substantially all of the assets of Skip Dynamix’s drone technology business (the “Transaction”).

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The Transaction deepens Draganfly’s defense platform portfolio and further strategically positions the Company within one of the fastest-growing segments of the global defense technology market: low-cost autonomous aerial systems capable of scalable deployment in contested environments.

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The Transaction will combine Draganfly’s proven manufacturing, autonomy, AI, command-and-control, and military systems integration capabilities with Skip Dynamix’s innovative fixed-wing platform architecture optimized for affordability, rapid production, modular payload integration, and long-range operational deployment.

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“Modern conflicts have fundamentally reshaped military procurement priorities,” said Cameron Chell, Chief Executive Officer of Draganfly. “The battlefield lessons emerging from Ukraine, the Middle East, and evolving Indo-Pacific security planning are clear: survivable mass, low-cost autonomy, long-range ISR, and systems are becoming core operational requirements for allied defense forces.”

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“Skip Dynamix gives Draganfly a highly scalable platform capable of addressing this rapidly expanding global demand while complementing our existing ISR, logistics and tactical drone, defense technologies.”

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Positioned for the New Era of Attributable Autonomous Systems

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The Transaction coincides with accelerating global defense investment into low-cost autonomous aerial systems designed for persistent ISR, swarm deployment, electronic warfare resilience, and one-way operations. The Department of War has publicly identified low-cost autonomous systems as a strategic priority aimed at rapidly fielding large numbers of expendable autonomous systems for Indo-Pacific and other contested operational theaters.

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The Pentagon’s initiatives specifically seek to deploy “thousands” of low-cost autonomous systems to the Indo-Pacific region to counter near-peer threats through distributed and scalable autonomous capabilities.

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The Asia-Pacific ISR aircraft and drone market alone is projected to grow to more than US$20.5 billion by 2035 according to industry reports, driven by rising geopolitical tensions, maritime security requirements, and defense modernization programs across the region. At the same time, defense agencies globally are increasingly prioritizing systems that can be manufactured securely, rapidly and deployed at scale at materially lower cost than traditional cruise missiles or large unmanned platforms.