Posted by AGORACOM-JC
at 5:35 PM on Thursday, June 3rd, 2021
Most of us know drones for their recreational uses or perhaps even as simple commercial applications for things like real estate videos.
But the fact of the matter is that drone usage is about to go parabolic with huge corporations adopting them for a wide-use of applications that most never dreamed of such as:
To provide Internet connections in remote locations.
To collect crowd data.
In short, the drone industry is booming in ways people can’t imagine because the industry is shifting from the drones themselves (hardware) to drone technology and solutions (software)… and the one company that is delivering the most challenging applications is DraganFly (DFLY: CSE) (DFLYF:OTCQB) (3U8:FSE)
DraganFly is an award-winning drone manufacturer and technology developer that is actually delivering some pretty incredible achievements, milestones and even history:
Established in 1998 DFLY is considered the oldest commercial drone company in the world
Built the first drone that saved a life
Boasts the first drone to be inducted into the Smithsonian National Air & Space Museum
Developing a Vaccine Drone Delivery Payload System (it’s way more complicated than just transporting vaccines)
Detect infectious conditions in a person from a distance of 190 feet
Conduct phenotyping, data collection and analysis by the USDA
With all of this under the Company’s belt, it’s easy to see why CEO Chell believes DFLY will become one of the top 2 drone companies in the world and why they near the end of the process of listing on NASDAQ.
If you believe in the massive parabolic growth in the use of drones for almost everything we do in this world, or want to learn, then watch / listen to this powerful interview with Draganfly CEO and Chairman, Cameron Chell.
Posted by AGORACOM-JC
at 9:58 AM on Monday, April 19th, 2021
Total revenue for the year ended December 31, 2020, increased by 216.1% to $4.36 million, compared to $1.38 million in 2019
Vancouver, BC., April 19, 2021 — Draganfly Inc. (OTCQB: DFLYF) (CSE: DFLY) (FSE: 3U8) (“ Draganfly ” or the “ Company ”), an award-winning, industry-leading manufacturer and systems developer, is pleased to announce its fourth quarter and fiscal 2020 financial results. Revenue growth for the fourth quarter and the year was driven by a combination of organic growth, the acquisition of Dronelogics Systems Inc. (“ Dronelogics ”), and sales from COVID-19 screening products.
The financial year 2020 was another milestone year for Draganfly. The Company successfully closed and integrated its Dronelogics acquisition which, as planned, became the driver of the bulk of Draganfly new product revenue sales. The Company’s main custom engineering customer effectively shut down this portion of its business in Q1 2020 primarily due to COVID-19; however, services revenues were successfully offset by other drone services work. 2020 revenues were up 216% year over year coming in at $4,363,511 versus $1,380,427 in the previous year. $645,756 represents custom engineering services work, $630,532 represents drone services work and the balance of revenue was from its hardware sales.
The Company recently added health monitoring and prevention to its product and service offering. Securing some key clients in this business line was key to proving out this new vertical. These clients were important for validation of this new technology, but more importantly, it demonstrated the Company’s ability to evolve and offer products and services that have global applicability.
Financial Highlights – 2020:
● Total revenue for the year ended December 31, 2020, increased by 216.1% to $4.36 million, compared to $1.38 million in 2019.
● As a result of increased product sales and service revenue, the Company’s gross profit increased by $597,973, or 51.5%. As a percentage of sales, gross margin ( 1) decreased from 84.1% in 2019 to 40.3% in 2020. This shift in gross margin is due to a higher percentage of hardware sales.
● The Company recorded a comprehensive loss of $8,015,709 compared to a comprehensive loss of $11,095,057 in 2019. The decreased loss was largely the result of the lack of listing expense resulting from the 2019 amalgamation and the funds received from the disposition of an investment that had been previously written off.
● The Company’s cash balance on December 31, 2020, was $1.98 million compared to $2.43 million on December 31, 2019.
For the year ended December 31,
2020
2019
Total revenues
$
4,363,511
$
1,380,427
Gross Profit (as a % of revenues)
40.3
%
84.1
%
Net loss
(8,015,813
)
(11,095,057
)
Net loss per share ($)
– Basic
(0.10
)
(0.23
)
– Diluted
(0.10
)
(0.23
)
Comprehensive loss
(8,015,709
)
(11,095,057
)
Comprehensive loss per share ($)
– Basic
(0.10
)
(0.23
)
– Diluted
(0.10
)
(0.23
)
Change in cash and cash equivalents
(447,063
)
2,349,954
Total assets
7,100,567
3,221,783
Working capital
1,214,371
2,037,906
Total non-current liabilities
104,885
93,073
Shareholder’s equity (deficiency)
$
3,848,205
$
2,191,353
Number of shares outstanding
86,093,361
69,670,613
Financial Highlights – Fourth Quarter 2020:
● Revenue for Q4 2020, increased by 202.3% to $1.49 million, compared to $492 thousand for Q4 2019. The substantial increase in revenue is largely due to the Company’s acquisition of Dronelogics and the retail sales and services business that the acquisition brought partially offset by a decrease in custom engineering services due to the downturn caused by COVID-19.
● Gross margin percentage for Q4 2020 was 22.2% compared to 91.4% in Q4 2019. The decrease is due to the sales mix as product sales tend to have a much lower margin than those of custom engineering services.
●Total comprehensive loss for the Q4 2020, was $3.74 million compared to $2.03 million for the same period in 2019. The increase was due to higher office and miscellaneous expenses.
2020 Q4
2020 Q3
2019 Q4
Revenue
$
1,486,009
$
1,453,905
$
491,520
Cost of goods sold
$
(1,155,491
)
$
(893,441
)
$
(42,401
)
Gross profit
$
330,518
$
560,464
$
449,119
Gross margin – percentage
22.2
%
38.5
%
91.4
%
Operating expenses
$
(3,359,508
)
$
(2,852,003
)
$
(2,983,115
)
Operating loss
$
(3,028,990
)
$
(2,291,539
)
$
(2,533,996
)
Operating loss per share – basic
$
(0.04
)
$
(0.03
)
$
(0.04
)
Operating loss per share – diluted
$
(0.04
)
$
(0.03
)
$
(0.04
)
Other income (expense)
$
(713,885
)
$
91,228
$
506,080
Comprehensive loss
$
(3,741,640
)
$
(2,201,543
)
$
(2,027,916
)
Comprehensive loss per share – basic
$
(0.05
)
$
(0.03
)
$
(0.03
)
Comprehensive loss per share – diluted
$
(0.05
)
$
(0.03
)
$
(0.03
)
Cameron Chell, CEO of Draganfly, said: “We have seen tremendous growth in the first quarter of 2021 around some key initiatives including education, military, security, mining, telehealth, and our 24hr pathogen sequestration and kill sanitizing spray applied via patented drone technology. The Draganfly team is looking forward to continuing to build on those relationships, technologies, and innovations.”
Q4 2020 and Q1 2021 milestones include the following:
● Secured $1 MM flight services contract to deploy EagleEye ™ AI flight services with Windfall Geotek Inc. Windfall Geotek flies mining prospect with magnetometers with data placed into EagleEye ™ and provides recommended targets for mining companies to drill.
● Raised US$16,450,000 million through the issuance of securities under the Company’s Regulation A offering filed with the U.S. Securities and Exchange Commission.
● Entered into an agreement with Southern Alberta Institute of Technology to advance UAV delivery technology, which will include (i) designing, developing, and testing of a cargo system for medical delivery to be mounted on a variety of drones including VTOL rotary and fixed-wing platforms, (ii) developing test protocols, operational procedures, and standards for Beyond Visual Line of Sight medical delivery operation within the framework of Transport Canada, US Federal Aviation Agency, and European Union Aviation Safety Agency procedures and protocols and (iii) developing an operational manual for BVLOS operation of heavy lifting and long endurance RPASS to be used for commercial application under an Air Operator’s Certificate.
● Partnership with Steve Wozniak’s K-12 program Woz ED to be the exclusive supplier of drones to Woz ED’s drone program across its national K-12 curriculum and received orders for the sale of 2,000 drones. To clarify the Company’s news release dated March 2, 2021, the Company entered into a memorandum of understanding with Woz ED with the objective to create the terms and conditions surrounding a business agreement. The memorandum of understanding automatically terminates after 60 days; however, the Company anticipates entering into a definitive agreement with Woz ED during Q2 2021.
● Talladega College implemented Vital Intelligence Smart Vital assessment platform, Vital Signs Assessment Stations, and Social Distancing awareness technologies to be used campus-wide to detect potential symptoms of COVID-19.
● Portage County Sheriff’s Department deployed Vital Intelligence Technology to be used to pre-screen inmates and detainees before bringing them into detention.
● Barrett-Jackson Auction Company implementing Draganfly’s Safely Opening Sites protocol for its March 2021 collector car auction in Scottsdale, AZ. including patented drone technology of the Varigard one-of-a-kind, revolutionary organic sanitizer that provides up to 24-hour of pathogen sequestration and kill-efficacy.
● Design and deliver Vital Intelligence technology into The 517 Group’s Hospitality and Entertainment Service Organization.
● Selected by Coldchain Technology Services, LLC (“ Coldchain ”) to develop and provide flight services for drone delivery of the COVID-19 vaccine. To clarify the Company’s news release dated December 22, 2020, the Company entered into a letter of intent with Coldchain with the objective to create the terms and conditions surrounding a business agreement for the development of a vaccine delivery payload system and associated flight services. The letter of intent automatically terminates after 90 days; however, the Company anticipates entering into a definitive agreement with Coldchain during Q2 2021.
● Providing engineering and development services for drone-based air support defense system for Integrated Launcher Solutions (“ ILS ”). To clarify the Company’s news release dated January 21, 2021, the Company entered into a memorandum of understanding with ILS with the objective to create the terms and conditions surrounding a project management and development agreement for the production of ILS’s multi-launching air support defense system. The memorandum of understanding automatically terminates after 60 days; however, the Company anticipates entering into a definitive agreement with ILS during Q2 2021.
● Draganfly selected by Knightscope to integrate mobile Vital Sign Screening technology into its autonomous security robots.
● Issued new delivery drone patent for variable center of gravity vertical take-off and landing aircraft. US Patent No. 10,807,707 is an unmanned aircraft system (UAS) configured for both vertical take-off and landing (VTOL) and fixed-wing flight operations includes forward, and aft wing assemblies mounted to the fuselage, each wing assembly including port and starboard nacelles terminating in motor-driven rotors powered by an onboard control system capable of adjusting rotor speeds.
● Closed an acquisition of assets from Vital Intelligence Inc. on March 25, 2021, in consideration for (a) a cash payment of $500,000 with $250,000 paid at closing and $250,000 to be paid on the six-month anniversary date of closing; and (b) 6,000,000 units of the Company with each unit being comprised of one common share of the Company and one common share purchase warrant. The units are subject to escrow with 1,500,000 units released at closing and the remainder to be released upon the Company reaching certain revenue milestones received from the purchased assets. Each warrant entitles the holder to acquire one common share for a period of 24 months at an exercise price of $2.67 per common share and the Company can accelerate the expiry date of the warrants after one year in the event the underlying common shares have a value of at least 30% greater than the exercise price of the warrants.
All financial information in this press release is prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board. The Company will file its consolidated financial statements for the year ended December 31, 2020, and associated management discussion and analysis under the Company’s profile on SEDAR at www.sedar.com .
Note 1: this press release refers to “gross margin” which does not have any standardized meaning prescribed by generally accepted accounting principles in Canada (” GAAP “). Gross margin is defined as gross profit divided by revenue and is often presented as a percent. Draganfly’s management believes that gross margin and other non-GAAP measures provide useful information to investors as it provides them with supplemental measures of the Company’s operating performance and liquidity and thus highlights trends in the Company’s business that may not otherwise be apparent when relying solely on GAAP measures. Management also uses non-GAAP measures and metrics in order to facilitate operating performance comparisons from period to period, to prepare annual operating budgets and forecasts and to determine components of executive compensation. For more information with respect to financial measures which have not been defined by GAAP, including reconciliations to the closest comparable GAAP measure, see the “Non-GAAP Measures and Additional GAAP Measures” section of the Company’s most recent MD&A which is available on SEDAR.
AboutDraganfly
Draganfly Inc. (CSE: DFLY; OTCQB: DFLYF; FSE: 3U8) is the creator of quality, cutting-edge software, and systems that revolutionize the way organizations can do business and service their stakeholders. Recognized as being at the forefront of technology for over 22 years, Draganfly is an award-winning, industry-leading manufacturer and technology developer serving the public safety, agriculture, industrial inspections, security, and mapping and surveying markets. Draganfly is a company driven by passion, ingenuity, and the need to provide efficient solutions and first-class services to its customers around the world with the goal of saving time, money, and lives.
Company Contact Cameron Chell, CEO PH: 310-658-4413 Email: [email protected]
Forward-Looking Statements
This release contains certain “forward looking statements” and certain “forward-looking information” as defined under applicable Canadian securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company’s actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out here in, including but not limited to: the potential impact of epidemics, pandemics or other public health crises, including the current outbreak of the novel coronavirus known as COVID-19 on the Company’s business, operations and financial condition, the successful integration of technology, the inherent risks involved in the general securities markets; uncertainties relating to the availability and costs of financing needed in the future; the inherent uncertainty of cost estimates and the potential for unexpected costs and expenses, currency fluctuations; regulatory restrictions, liability, competition, loss of key employees and other related risks and uncertainties disclosed under the heading “Risk Factors“ in the Company’s most recent filings filed with securities regulators in Canada on the SEDAR website at www.sedar.com. The Company undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents managements’ best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.
The North America Unmanned Aerial Vehicle market was valued at $USD 1.7 billion in 2017 and is likely to exceed $USD 7 billion by 2024 (Global Market Insights)
Posted by AGORACOM-JC
at 5:46 PM on Monday, March 15th, 2021
Datametrex AI Limited has the rare benefit that most small cap companies would only dream of …. 2 successful independent divisions that are each capable of being a company maker.
The first division is their Artificial Intelligence driven social media monitoring and discovery product … and this isn’t some basic social media monitoring tool for keywords. Clients include Canadian Federal Government, DRDC, Health Canada, United States Air Force and LOTTE (a $2.6B South Korean multinational conglomerate.
Perspectum is a drone based imaging predictive analytics artificial intelligence (AI) services company, currently focusing on environmental and safety predictive analysis. Datametrex intends to expand the Perspectum platform into the Company’s core Cybersecurity business by integrating the Company’s AI with Perspectum.
“The impact of the acquisition of this AI business cannot be minimized. The demand for imaging predictive analytic reporting continues to be a large area of growth. As businesses and countries continue to work towards zero emissions and carbon neutral footprints, we believe that adding this imaging predictive AI element to our existing cybersecurity business will drive significant value for our stakeholders.”, said Marshall Gunter, Datametrex’s Chief Executive Officer.
As a result of the highest level security clearances required to do this level of work, Datametrex was well positioned with deep roots in South Korea to add their second, though unintended division of COVID-19 test kit distribution. Again, this isn’t some small cap stretch trying to capitalize on a trend for the sake of stock promotion. Rather, when the Canadian Government came calling for assistance in importing and distributing COVID-19 test kits, Datametrex stepped up to the task thanks to its security clearances already in place in both countries.
Since then, the company has signed multiple multi-million dollar COVID-19 test kit supply agreements with mining companies, a $20M CAD agreement with the television and film industry and various educational institutions.
Sit back, relax and watch this powerful interview with Datametrex CEO Marshall Gunter.
Posted by Jesse Champagne
at 11:16 AM on Wednesday, March 10th, 2021
Datametrex Announces Acquisition of an Imaging Predictive AI Company
Datametrex to buy drone-based AI inspection services company for $3MM
“The impact of the acquisition of this AI business cannot be minimized. The demand for imaging predictive analytic reporting continues to be a large area of growth,” said CEO Marshall Gunter.
Toronto, Ontario–(Newsfile Corp. – March 10, 2021) – Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTC Pink: DTMXF) (the “Company” or “Datametrex”) is pleased to announce that it has entered into a Letter of Intent (the “LOI“) to acquire 100% of Perspectum Drone Inspection Services Ltd. (“Perspectum”), an arm’s length privately held artificial intelligence drone imaging predictive analytic services company, incorporated under the laws of Alberta.
Subject to the completion of satisfactory mutual due diligence within thirty (30) days by Datametrex and Perspectum, under the terms and conditions of the LOI, Datametrex and Perspectum will enter into a Definitive Agreement (“Definitive Agreement”), pursuant to which Datametrex will acquire 100% of the issued and outstanding shares (“Transaction“) of Perspectum.
“The impact of the acquisition of this AI business cannot be minimized. The demand for imaging predictive analytic reporting continues to be a large area of growth. As businesses and countries continue to work towards zero emissions and carbon neutral footprints, we believe that adding this imaging predictive AI element to our existing cybersecurity business will drive significant value for our stakeholders.”, said Marshall Gunter, Datametrex’s Chief Executive Officer.
Perspectum is a drone based imaging predictive analytics artificial intelligence (AI) services company, currently focusing on environmental and safety predictive analysis. Datametrex intends to expand the Perspectum platform into the Company’s core Cybersecurity business by integrating the Company’s AI with Perspectum.
The Transaction
It is anticipated that the Transaction will be structured as a share acquisition. Datametrex will acquire all of the securities of Perspectum. It is anticipated that the Definitive Agreement will be signed on or before March 31, 2021.
Closing of the Transaction is subject to a number of conditions, including but not limited to the following:
The Company will acquire all shares of Perspectum for an aggregate purchase price of CAD $3 million (“Purchase Price”) to be satisfied through the issuance of common shares (“Consideration Shares”) of Datametrex. The number of Consideration Shares to be issued shall be determined based on the Volume Weighted Average Price (“VWAP”) of the common shares of the Company on the facilities of the TSX Venture Exchange for the thirty days prior to the closing date.
The Company will place a number of shares equivalent in value to $500,000 in escrow (“Escrow Shares”). The Escrow Shares held in escrow will automatically be released when Perspectum achieves gross revenue of $600,000 following the closing of the Transaction. Should Perspectum not achieve $600,000 of gross revenue in the 16 month period following the Transaction, the Escrow Shares will be cancelled.
Issuance of the Consideration Shares shall be subject to the receipt of regulatory approvals including, without limitation, the approval of the TSX Venture Exchange (“TSXV“) and other conditions and will be subject to statutory hold periods.
Datametrex will pay a 5% finders’ fee in connection with the Transaction.
The Board of Directors and shareholders of Perspectum approving the Definitive Agreement and the transfer of the Perspectum shares to the Company in exchange for the payment of the Purchase Price.
The Company completing and being satisfied with the results of its due diIigence investigations.
The Transaction to be completed by April 30, 2021.
On closing of the Transaction,
Perspectum will become a wholly owned subsidiary of the Company.
Ty Pfeifer shall be appointed President of the subsidiary.
The Company shall fund the subsidiary with $550,000 to allow the subsidiary to complete its AI intergration and purchase a second drone/camera platform.
Posted by AGORACOM-JC
at 9:27 AM on Friday, February 5th, 2021
Announced an interview with CEO Cameron Chell will air on The RedChip Money Report on Bloomberg International on Sunday, February 7, 2021 at 6 p.m. local time across Europe.
The RedChip Money Report airs on Bloomberg Television U.S. on Saturdays at 7 p.m. local time in 73 million homes and on the Bloomberg Network in Europe in 100 million homes at 6 pm local time on Sundays.
Los Angeles, Feb. 05, 2021 — Draganfly Inc. (OTCQB: DFLYF) (CSE: DFLY) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, today announced an interview with CEO Cameron Chell will air on The RedChip Money Report on Bloomberg International on Sunday, February 7, 2021 at 6 p.m. local time across Europe. The RedChip Money Report airs on Bloomberg Television U.S. on Saturdays at 7 p.m. local time in 73 million homes and on the Bloomberg Network in Europe in 100 million homes at 6 pm local time on Sundays.
In the exclusive interview, Mr. Chell discusses Draganfly’s specialization in drones, sensors, and AI, the rapidly growing drone market, and Draganfly’s wide range of lucrative applications for breakthrough spectral imaging technology.
“The RedChip Money Report” delivers insightful commentary on small-cap investing, interviews with Wall Street analysts, financial book reviews, as well as featured interviews with executives of public companies.
Posted by AGORACOM-JC
at 9:35 AM on Tuesday, February 2nd, 2021
Portage County Sheriff’s department has selected Draganfly’s Vital Intelligence Smart Vital assessment platform to be used to pre-screen inmates and detainees before bringing them into detention.
Draganfly’s Vital Intelligence technology Smart Vital assessment platform and telehealth app can automatically detect with voluntary consent, heart rate, respiratory rate, blood pressure body temperature, O2 saturation and more, all from a camera that takes seconds to attain the information.
Vital Intelligence Kiosk will pre-screen inmates and detainees before bringing them into their jail helping to ensure the health of their inmate and workforce population.
Los Angeles, CA, Feb. 02, 2021 – Draganfly Inc. (OTCQB: DFLYF) (CSE: DFLY) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, today announced that Portage County Sheriff’s department has selected Draganfly’s Vital Intelligence Smart Vital assessment platform to be used to pre-screen inmates and detainees before bringing them into detention.
The Sheriff’s Office is the primary law enforcement agency for Portage County, Ohio. In addition to providing law enforcement services, the Sheriff’s Office also maintains the county jail and provides security for the county’s courts. The Portage County Jail was opened in May of 1995 as a 24-hour-full-service facility located in the Portage County Justice Center.
Draganfly’s Vital Intelligence technology Smart Vital assessment platform and telehealth app can automatically detect with voluntary consent, heart rate, respiratory rate, blood pressure body temperature, O2 saturation and more, all from a camera that takes seconds to attain the information.
The Vital Intelligence Kiosk will pre-screen inmates and detainees before bringing them into their jail helping to ensure the health of their inmate and workforce population.
Posted by AGORACOM-JC
at 9:22 AM on Thursday, January 28th, 2021
Barrett-Jackson Selects Draganfly to Utilize its Vital Intelligence Technology and Varigard Disinfectant Spraying Delivered by Drones at its March 2021 Auction
Announced Barrett-Jackson Auction Company (“Barrett-Jackson”) will implement Draganfly’s Safely Opening Sites protocol for its March 2021 collector car auction in Scottsdale, AZ.
Over the main auction days of Barrett-Jackson’s March event, Draganfly will provide its Vital Intelligence system kiosks, to provide employees with vital sign screening to help ensure a safer workplace environment and customer experience during the event.
Draganfly will also be providing spraying services using patented drone technology of the Varigard one-of-a-kind, revolutionary organic sanitizer that provides up to 24-hour of pathogen sequestration and kill-efficacy.
Los Angeles, CA., Jan. 28, 2021 — Draganfly Inc. (OTCQB: DFLYF) (CSE: DFLY) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, today announced Barrett-Jackson Auction Company (“Barrett-Jackson”) will implement Draganfly’s Safely Opening Sites protocol for its March 2021 collector car auction in Scottsdale, AZ.
Established in 1971 and headquartered in Scottsdale, Arizona, Barrett-Jackson, The World’s Greatest Collector Car Auctions ® , is the leader in collector car auctions and automotive lifestyle events.
Over the main auction days of Barrett-Jackson’s March event, Draganfly will provide its Vital Intelligence system kiosks, to provide employees with vital sign screening to help ensure a safer workplace environment and customer experience during the event. Draganfly will also be providing spraying services using patented drone technology of the Varigard one-of-a-kind, revolutionary organic sanitizer that provides up to 24-hour of pathogen sequestration and kill-efficacy.
Draganfly’s Vital Intelligence technology Smart Vital assessment platform and telehealth app can automatically detect with voluntary consent body temperature, heart rate, respiratory rate, blood pressure and O2 saturation, all from a camera that takes seconds to capture the information. The technology will be deployed via a kiosk and smartphones.
Draganfly’s propriety Varigard 24hr pathogen sequestration and kill sanitizing spray applied via patented drone technology has also successfully helped enable the 2021 College Basketball season to open amid the COVID-19 Pandemic.
Posted by AGORACOM-JC
at 9:29 AM on Tuesday, January 26th, 2021
Announced that its Vital Intelligence technology, originally developed for drones and now made available on devices like laptops, tablets and smartphones, has been selected by The 517 Group to design and deliver its Vital Intelligence technology to its hospitality and entertainment focused enterprises.
517 Group is a hospitality and entertainment service focused company based out of Tennessee that specializes in operations, brand management, marketing, leadership development, supply chain oversight, strategic alignment and operational best practices.
Los Angeles, CA, Jan. 26, 2021 — Draganfly Inc. (OTCQB: DFLYF) (CSE: DFLY) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, today announced that its Vital Intelligence technology, originally developed for drones and now made available on devices like laptops, tablets and smartphones, has been selected by The 517 Group to design and deliver its Vital Intelligence technology to its hospitality and entertainment focused enterprises.
The 517 Group is a hospitality and entertainment service focused company based out of Tennessee that specializes in operations, brand management, marketing, leadership development, supply chain oversight, strategic alignment and operational best practices. They serve as an operator and brand consultant to senior leadership in multiple organizations ranging from independent restaurants, large suppliers supporting national brands, as well as large multi-unit restaurant chains, including franchised organizations.
Draganfly’s Vital Intelligence technology Smart Vital assessment platform and telehealth app can automatically detect with voluntary consent body temperature, heart rate, respiratory rate, blood pressure and O2 saturation, all from a camera that takes seconds to capture the information. The technology can be deployed via a Kiosk, laptop or mobile devices like a tablets or smartphones.
“The 517 Group was looking for a solution to keep their hospitality and entertainment customers healthy and safe for employees and patrons,” said Cameron Chell, CEO of Draganfly. “We are honored to be selected to work with 517 to implement critical yet elegant solutions that are unobtrusive and effective for workplace safety.”
