Corporate Presentation - GROWTH STRATEGY - September 2021 - Draganfly | Investor Relations
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GROWTH STRATEGY The Trusted Name in UAV Hardware, Software, Sensors & Services September 2021 Corporate Presentation 1
DISCLAIMER This presentation does not constitute or form part of and should not be construed as, an offer to sell or issue or the solicitation of an offer to buy or subscribe for securities of Draganfly, Inc. (the “Company”) in any jurisdiction or an inducement to enter into investment activity. No part of this presentation, nor the fact of its distribution, should form the basis of, or be relied on in connection with, any contract or commitment or investment decision whatsoever. No securities commission or similar authority of the United States, Canada, or any other jurisdiction has reviewed or in any way passed upon this presentation or the merits of the securities described herein, and any representation to the contrary is an offence. This presentation does not contain all of the information that would normally appear in a prospectus or registration statement under applicable Canadian or United States securities laws. Readers should not construe the contents of this presentation as investment, legal, tax, regulatory, financial or accounting advice and are urged to consult with their own advisers in relation to such matters. The Company does not make any representation or warranty (express or implied) as to the accuracy or completeness of the information in this presentation. Except as may be required by applicable law, the Company expressly disclaims any obligation to update any of the information contained herein or to inform readers of any matters of which it becomes aware that may affect any matter referred to in this presentation. Certain information in this presentation is based on management estimates. Such estimates have been made in good faith and represent the current beliefs of management. Management believes that such estimates are founded on reasonable grounds. However, by their nature, estimates may not be correct or complete. Accordingly, no representation or warranty (express or implied) is given that such estimates are correct or complete. Market data and certain industry data and forecasts included in this presentation were obtained from internal company surveys, market research, publicly available information, reports of governmental agencies and industry publications and surveys. Where this presentation quotes any information or data from any third-party source, it should not be interpreted that the Company has adopted or endorsed such information or data as being accurate. The Company has not independently verified any of such information from third-party sources or any underlying assumptions. Accordingly, the Company makes no representation or warranty (express or implied) on the fairness, accuracy, completeness or correctness of any such third-party information. Certain statements contained in this presentation, other than statements of fact that are independently verifiable at the date hereof, may constitute “forward-looking statements” within the meaning of Canadian securities legislation and regulations and other applicable securities laws. Forward-looking statements are frequently, but not always, identified by words such as “expects,” “anticipates,” “believes,” “intends,” “estimates,” “potential,” “possible,” “projects,” “plans,” and similar expressions. Such statements, based as they are on the current expectations of management, inherently involve numerous important risks, uncertainties and assumptions, known and unknown, many of which are beyond the Company’s control. Such risks factors include but are not limited to: business risks, market risks, and risks associated with micro-cap companies. Consequently, actual future results and events may differ materially from the anticipated results and events expressed in the forward-looking statements. The Company believes that expectations represented by forward-looking statements are reasonable, yet there can be no assurance that such expectations will prove to be correct. The reader should not place undue reliance, if any, on any forward-looking statements included in this presentation. These forward-looking statements speak only as of the date made, and the Company is under no obligation and disavows any intention to update publicly or revise such statements as a result of any new information, future event, circumstances or otherwise, unless required by applicable legislation or regulation. 2
COMPANY OVERVIEW Recognized as the leading commercial multi-rotor drone entity in North America A leading and rapidly growing drone manufacturer and Drones or Unmanned Aerial Vehicle (UAV) Opportunity solutions provider in a strong financial position. Market has significantly expanded in the government, civil, and commercial sectors. Artificial Intelligence and Data Analysis capabilities target multiple industrial applications. Government and corporate pressure favouring domestic drones owing to security concerns. Strong IP complemented by active R&D efforts. Favourable regulatory environment ie: Recent FAA regulations allowing for drone delivery over populated areas has created a major growth opportunity. New Product Developments - Driven By Customers 3
INDUSTRY EVOLUTION HARDWARE SOFTWARE/SENSORS AUTONOMOUS/AI DATA 1995 2005 2018 2020 Draganfly has the experience, IP and infrastructure to deliver end to end solutions. 1. Hardware is designed to match the mission profile. 2. Software/Sensors are designed to power the hardware and mission. 3. Autonomous is designed to provide optimization and lower operating costs. 4. Data collection and analysis is designed to provide strategic insights and competitive advantage. 4
INDUSTRY OUTLOOK 100,000 NEW JOB OPPORTUNITIES $42.8B 2028 INDUSTRY KEY DRIVERS Drone industry is highly fragmented and rapidly growing. Private equity backing start-ups Regulatory shift to domestic drones vs outside North America Commercial drone market an inflection point in demand for hardware, services and solutions FAA easing regulatory push for drone delivery New emerging technologies: sensors, AI, autonomy, hybrid drones (vertical take off and landing or VTOL) Advances in technology creating efficient business model Large markets (delivery) positioned for significant growth Adoption by new market verticals to utilize drones Source: Drone Industry Insights 5
BUSINESS MODEL Contract Engineering Product Development Prototyping & Sales Designing Multi-Rotors Sensors Engineering Fixed Wing Software Controllers AI Ground Robotics Flight Services Data Services Energy Mapping Mining Surveying Telehealth Data Collection Infrastructure Delivery 7
PRODUCTS & SERVICES Products Flight Services Data AI Solutions Aerial & Fixed Camera Indoor & Outdoor Social Distancing Detection Draganfly Commander Dragan Scout Draganfly At Home & Onsite Vital Signs Measurement Tango Quantix 8
Draganfly is the exclusive provider of drone technology and curriculum guidance for WOZED’s world class STEM program. 9
AUTONOMOUS & SEMI-AUTONOMOUS DRONE DELIVERY Coldchain Delivery Systems Strategic Partnership Coldchain Delivery Systems (CDS) is a leader in time and temperature-sensitive medical materials. To various government and commercial entities. Develop solution and deliver sensitive medical supplies for CDS clients. 11
GROWTH STRATEGY Custom Engineering Organic Growth New Product Development Expand Engineering Force Penetrate New Verticals Sensors Joint Ventures Strategic Partnerships LIDAR Growth Through Acquisitions Acquire Entities in Different Verticals Advanced Specific Technology Solutions/Software Engineering Design and Flight Staff Strategically Partner or Joint Venture with Industry Leaders 12
IP PORTFOLIO Draganfly has 23 Issued Patents and one Pending We intend to significantly increase our technology and patent portfolio going forward. 13
MARKET COMPARABLES Figures in millions, except per share data COMPANY NAME SYMBOL EXCHANGE STOCK PRICE MARKET CAP* 2020 FY REVENUES MARKET CAP/REVENUE Alpine 4 Tech ALPP OTCPK $2.83 $393.89M $33,454,000 11.7x AeroVironment Inc. AVAV NASDAQ $103.03 $2.55B $367,300,000 6.9x AgEagle UAVS NYSE $3.96 $357.05M $1,285,000 277.8x Drone Delivery Canada Inc. FLT TSXV C$1.28 C$286.38M C$265,000 1080x Red Cat Holdings Inc. RCAT NASDAQ $3.01 $143.59M $404,000 355.4x Draganfly Inc. DPRO NASDAQ C$4.82 C$154.46M C$4,364,000 35.4x As at September 3rd, 2021 SOURCE: https://finance.yahoo.com/ 14
FINANCIAL SUMMARY FINANCIAL Q2 2021 Q1 2021 Q2 2020 CY 2020 CY 2019 RESULTS REVENUES $1,981,872 $1,539,736 $497,057 $4,363,511 $1,380,427 NET LOSS $8,022,220* $44,923,934 $1,104,108 $8,015,813 $11,095,057 (in Canadian $) BALANCE SHEET Q2 2021 CASH $17,285,576** (in Canadian $) *The net loss for the three and six months ended June 30, 2021 include a change in fair value of derivative liability for USD warrants relating to the Company's Regulation A offering of $4,821,177 and $45,840,349, respectively, and would otherwise be $3,201,043 and $7,105,805” **Does not include the $20M USD Financing Completed in Q3 15
CAPITALIZATION TABLE FULLY DILUTED CAPITALIZATION Basic Shares Outstanding (as at Sept. 3/21) 32,045,909 Warrants (as at June 30/21) [WAEP $4.90] 8,524,991 Options (as at June 30/21) [WAEP $4.55] 855,167 Restricted Share Units (as at June 30/21) 669,000 Total Fully Diluted Shares 42,228,736 16
MANAGEMENT & DIRECTORS Cameron Chell Scott Larson John Bagocius Andrew Card John Mitnik CEO & CO-FOUNDER PRESIDENT SVP SALES DIRECTOR DIRECTOR Cameron works with executives and companies to Mr. Larson brings over 20 years of combined Prior to joining Draganfly, John was the VP of Sales Mr. Andy Card, the second longest-tenured White Mr. Mitnick is a U.S. attorney with 32 years of determine what is most important and specifically corporate finance, technology development and for the Public Safety & Commercial UAS groups for House Chief of Staff, has served in senior government experience at the highest levels of government and how to get it done. entrepreneurial experience to the Board. roles under three U.S. Presidents. Mr. Card serves on the private sector. He served recently as the fifth FLIR Systems. John came to FLIR via the Aeryon Labs acquisition, where he ran the Public Safety and the Board of Directors of public corporation Union General Counsel of the U.S. Department of Homeland Cameron has worked in a business development Currently CEO of Kater, a Vancouver-based mobility Pacific, on the Business Advisory Board of BrainStorm Security, and previously as Associate Counsel to the capacity his entire career, working with brands as a service (MaaS) company building out an Commercial Drone business lines as well. Before joining Aeryon, John served the biometrics Cell Therapeutics, on the Advisory Board of the U.S. President (George W. Bush) in the White House, as a across the globe, specializing in companies across integrated intermodal transportation platform Chamber of Commerce, and on a number of non- General Counsel at Raytheon, and as a corporate North America, Europe, and the Middle East. incorporating public transportation, buses, taxis and technology field, most recently as the Director of profit boards. He is also a professional speaker partner at the global law firm now known as ride haling vehicles into a single service. Sales for Crossmatch Technologies, providing represented by the Washington Speakers Bureau and Kilpatrick Townsend & Stockton LLP. Since the founding of BIG in 2007, Cameron has also biometric solutions and identity management tools to joined NBC News as a contributor in April 2017. co-founded: Slyce (TSX: SLC), Urthecast (TSX: UR) Previously, Mr. Larson has been CEO and co-founder military and law enforcement agencies worldwide. He holds a J.D. from the University of Virginia School among other companies. of Helios Wire, a satellite company building out a John has over 20 years experience in both direct and Mr. Card, appointed in November 2000, served as of Law, a B.A. in Jurisprudence from the University of space-enabled IoT/M2M network, and was CEO and Chief of Staff to President George W. Bush from Oxford, and a B.A. from Emory University. channel sales to all levels of the government co-founder of UrtheCast. January 2001 to April 2006. Prior to his tenure as (Federal, DOD, intel, state & local) as well as the critical infrastructure industry (power generation, White House Chief of Staff, Mr. Card managed and Mr. Larson helped scale the company from its ran the Republican National Convention in inception, taking it public on the Toronto Stock nuclear, DOT) and various commercial entities in the Philadelphia at the request of nominee Texas Exchange, raising $200 million, and leading the education, finance, and transportation industries. Governor George W. Bush. Before that, Mr. Card was company to 250 employees over five years with seven John’s experience has been based in security and Vice President-Government Relations for General offices around the world. technology - hardware, software, and complete Motors Corporation, one of the world’s largest solution offerings. automobile manufacturers. School of Government at Harvard University. Mr. Card served in the U.S. Navy from 1965 to 1967. 17
SUMMARY Rapid Financial Growth Continued new contract wins in multiple industries 2020 was a breakout year and 2021 should be significantly better Pursue acquisitions to complement organic growth Providing Advanced Drone Services/Solutions Advanced, reliable product lines Data analysis and artificial intelligence Strong intellectual property portfolio New product offerings on the horizon Heightened Regulatory Activity in Drone Market Driving Growth FAA easing drone regulations for delivery National security concerns eliminating Chinese competition Seasoned Executive Team Complemented by Hi-Tech Staff Entrepreneurs, legal and government experience navigating direction Innovative staff meeting corporate objectives 18
APPENDIX 19
INNOVATION TIMELINE & MILESTONES (1/2) First Drone First Drone with First Drone use by First Drone with Video Stabilized Video Law Enforcement Dual Payload First Drone Federally First Drone 2 First First Drone with Self Approved in Axis Camera Quadcopter Life Saved Correcting North America Stabilization Positions 1999 2001 2005 2006 2008 2009 2010 2012 2013 20
INNOVATION TIMELINE & MILESTONES (2/2) Patents Rotor Tango 2 with Launching Eagleye Patents Folding and Wheel Patented Mining AI System Wheel Design Combination Dual Wings Inducted to First Patents VTOL Solar Powered Full National Law Drone Inducted to with Folding Day Flight Time Enforcement the Smithsonian Wing Museum 2014 2014 2015 2017 2018 2019 2019 2020 21
LEADERSHIP Cameron Chell Scott Larson John Bagocius Paul Sun Justin Hannewyk CEO, CHAIRMAN & CO-FOUNDER PRESIDENT & DIRECTOR SVP SALES CHIEF FINANCIAL OFFICER SVP OPERATION Cameron has been a technology entrepreneur for Mr. Larson brings over 20 years of combined Prior to joining Draganfly, John was the VP of Sales Paul Sun has over 20 years of business experience Mr. Hannewyk is the co-founder of Drone Logics more than 30 years and has spent his career corporate finance, technology development and for the Public Safety & Commercial UAS groups for and has held numerous senior roles at investment Systems and has been consulting with enterprise growing a diverse collection of high-potential ideas entrepreneurial experience to the Board. FLIR Systems. John came to FLIR via the Aeryon banks including Scotia Capital, Desjardins, and clients on the integration of drones for over a into revolutionary companies that have changed the Labs acquisition, where he ran the Public Safety Beacon Securities. decade. way we experience the world. Currently CEO of Kater, a Vancouver-based mobility and Commercial Drone business lines as well. Cameron takes a hands-on leadership role in as a service (MaaS) company building out an Before joining Aeryon, John served the biometrics Paul has provided financial solutions from small Working closely with international companies in projects, infusing innovation and adoption with the integrated intermodal transportation platform startups to billion dollar market cap companies and industries such as mining, forestry, energy and technology field, most recently as the Director of operational principles of clarity, alignment, and incorporating public transportation, buses, taxis has been involved in many transactions across the entertainment as well as advising governmental Sales for Crossmatch Technologies, providing measurement into the culture of every team he and ride haling vehicles into a single service. entire capital structure. bodies, Mr. Hannewyk oversees the design and biometric solutions and identity management tools delivery of systems to meet client's needs. A works with. to military and law enforcement agencies Previously, Mr. Larson has been CEO and co- progressive and forward-thinker, Mr. Hannewyk founder of Helios Wire, a satellite company building worldwide. draws from industry insight to recognize customer out a space-enabled IoT/M2M network, and was John has over 20 years experience in both direct requirements and pinpoint areas where technology CEO and co-founder of UrtheCast. and channel sales to all levels of the government can be leveraged to make better business (Federal, DOD, intel, state & local) as well as the decisions. Mr. Larson helped scale the company from its critical infrastructure industry (power generation, inception, taking it public on the Toronto Stock nuclear, DOT) and various commercial entities in Exchange, raising $200 million, and leading the company to 250 employees over five years with the education, finance, and transportation seven offices around the world. industries. John’s experience has been based in security and technology - hardware, software, and complete solution offerings. 22
BOARD OF DIRECTORS CAMERON CHELL ANDREW CARD SCOTT LARSON DENIS SILVA CHAIRMAN DIRECTOR DIRECTOR DIRECTOR Mr. Chell is the Co-Founder of Business Instincts Group, Inc. A venture creation, Mr. Andy Card, the second longest-tenured White House Chief of Staff, has served Mr. Larson brings over 20 years of combined corporate finance, technology Mr. Silva is a corporate and securities partner at law firm Gowling WLG (Canada) business development and product development accelerator. Mr. Chell has been a in senior government roles under three U.S. Presidents. Mr. Card serves on the development and entrepreneurial experience to the Board. Currently CEO of Kater, LLP in Vancouver. Mr. Silva has 12 years of experience in corporate, securities, technology entrepreneur for over 30 years and has spent his career growing a Board of Directors of public corporation Union Pacific, on the Business Advisory a Vancouver-based mobility as a service (MaaS) company building out an mining and regulatory legal experience and has acted for a wide variety of diverse collection of high-potential ideas into revolutionary companies that have Board of BrainStorm Cell Therapeutics, on the Advisory Board of the U.S. Chamber integrated intermodal transportation platform incorporating public transportation, companies listed on Canadian and US exchanges, with a focus on technology and changed the way we experience the world. Mr. Chell takes a very hands-on of Commerce, and on a number of non-profit boards. He is also a professional buses, taxis and ride haling vehicles into a single service. Previously, Mr. Larson mining. Denis holds a BA from University of British Columbia, MPA from Queen’s leadership role in projects, infusing innovation and adoption with operational speaker represented by the Washington Speakers Bureau and joined NBC News as has been CEO and co-founder of Helios Wire, a satellite company building out a University and LLB from University of Windsor. principles of clarity, alignment and measurement into the culture of every a contributor in April 2017. space-enabled IoT/M2M network, and was CEO and co-founder of UrtheCast. Mr. company he works with. Larson helped scale the company from its inception, taking it public on the Mr. Card, appointed in November 2000, served as Chief of Staff to President Toronto Stock Exchange, raising $200 million, and leading the company to 250 George W. Bush from January 2001 to April 2006. Prior to his tenure as White employees over five years with seven offices around the world. House Chief of Staff, Mr. Card managed and ran the Republican National Convention in Philadelphia at the request of nominee Texas Governor George W. Bush. Before that, Mr. Card was Vice President-Government Relations for General Motors Corporation, one of the world’s largest automobile manufacturers. From 1993 to 1998, Mr. Card was President and Chief Executive Officer of the American Automobile Manufacturers Association, the trade association whose members were Chrysler Corporation, Ford Motor Company, and General Motors Corporation. When Chrysler became part of Daimler Corporation, Mr. Card oversaw the dissolution of the nearly 100-year-old trade association. Mr. Card also served as Deputy Chief of Staff and then as a Cabinet Member for President George H.W. Bush as the 11th Secretary of Transportation. Prior to that, he served as Special Assistant (1983 to 1987) and later as Deputy Assistant to the JOHN MITNIK JULIE MYERS WOOD OLEN AASEN President and Director of Intergovernmental Affairs for President Ronald Reagan (1988) where he was a liaison to governors, statewide elected officials, state DIRECTOR DIRECTOR DIRECTOR legislators, mayors, and other elected officials. From March 1987 until March Mr. Mitnick is a U.S. attorney with 32 years of experience at the highest Julie Myers Wood is former Assistant Secretary of Homeland Security and Mr. Aasen is a corporate and securities lawyer with more than 13 years of 1988, Mr. Card ran the successful New Hampshire Presidential Primary Campaign levels of government and the private sector. He served recently as the fifth Presidential Appointee. Serving as an advisory member of the Board for more than experience in corporate, securities and regulatory matters. He has been the for George H. W. Bush. General Counsel of the U.S. Department of Homeland Security, and a year, Ms. Wood has more than 25 years of experience in both the public and Corporate Secretary, General Counsel or Vice President, Legal at various Canadian previously as Associate Counsel to the President (George W. Bush) in the private sectors. Her regulatory and enforcement background has helped Draganfly and U.S.- listed companies. Mr. Aasen obtained a J.D. from the University of Mr. Card is a graduate of the University of South Carolina with a B.S. in White House, as a General Counsel at Raytheon, and as a corporate partner scale its secure government and public safety offerings. British Columbia in 2006 and was called to the British Columbia Bar in 2007. Mr. Engineering. He also attended the U.S. Merchant Marine Academy and the John F. at the global law firm now known as Kilpatrick Townsend & Stockton LLP. Aasen was also appointed to the 2016 Legal 500 GC Powerlist for Canada. Kennedy School of Government at Harvard University. Mr. Card served in the U.S. Julie Myers Wood was presidentially appointed and confirmed by the United States Navy from 1965 to 1967. He holds a J.D. from the University of Virginia School of Law, a B.A. in Senate to serve as Assistant Secretary of Homeland Security for Immigration and Jurisprudence from the University of Oxford, and a B.A. from Emory Customs Enforcement (ICE). Previously, Ms. Wood served as Assistant Secretary University. for Export Enforcement at the Department of Commerce, the Chief of Staff to the Criminal Division at the United States Department of Justice and as a Special Assistant to the President. 23
BOARD OF ADVISORS MOLLY WILKINSON EDMUND MOY DR. JACK CHOW ADVISOR ADVISOR ADVISOR An accomplished executive with extensive senior-level Edmund C. Moy is a public servant, senior executive, Dr. Chow held the rank of ambassador as the Special public sector experience in policy and regulations, commentator, author, and director with a successful Representative on Global HIV/AIDS for Secretary of State management, and government relations (federal and track record in both publicly and privately held Colin Powell and as the Deputy Assistant Secretary of state). companies, and in the public sector. State for Health and Science, the first U.S. diplomat of ambassador rank appointed to a public health mission. A proven track record of effective oversight of multi- From 2006-2011 he served as Director of the United He led American diplomatic efforts in the establishment billion dollar budgets, projects and national initiatives. States Mint, the world’s largest manufacturer of coins of the Global Fund to Fight AIDS, Tuberculosis, and Expert at entering highly complex and fast-moving and medals. He was appointed by the President George Malaria, and in countering global infectious diseases and situations and achieving immediate results. W. Bush and unanimously confirmed by the U.S. Senate. bioterrorism threats. Specialties: Regulatory Process, Management, Law, Under his leadership, he increased profitability 62% to In previous positions, Dr. Chow served as a senior official Government Relations, Financial Services Policy, over $1 billion a year, increased revenue 213% to $4.97 at the State Department's global affairs office, both the Acquisition Policy, Government Operations billion, and increased precious metal bullion sales by House and Senate Appropriations Committees, the Public 975% to a record $3.5 billion annually. Health Service at HHS, the Fogarty International Center of NIH, and the White House Office of Science and From 2001-2006, he served as a Special Assistant to the Technology Policy. In the private sector, he has been a President for Presidential Personnel at the White House consultant on global health at the RAND Corporation, and assisted the President of the United States in McKinsey & Company, and PRTM/PwC. staffing most cabinet departments and independent agencies as well as helped form the U.S. Department of He is currently Distinguished Professor on Global Health Homeland Security. at Carnegie Mellon University, Heinz College for Public Policy. He has served multiple times as a Sharkey Distinguished Visiting Scholar at Seton Hall University's School of Diplomacy and International Affairs. He was a 2013 Fellow at the Harvard Advanced Leadership Initiative, where he conducted research on the structure and design of national strategic policies. 24
BOARD OF ADVISORS CAPTAIN LARRY VINCENT (USN, Ret.) DEREK ANDERSON ROB ANSON DR. JAMIE DWYER ADVISOR ADVISOR ADVISOR ADVISOR Captain Vincent currently serves as Executive Officer, Defence Since retiring from the NBA, Derek Anderson founded the Stamina Rob Anson founded Loop Insights, Inc. (MTRX:TSXV) (RACMF:OTCQB) Dr. Dwyer is a professor of medicine at Vanderbilt University, Counterintelligence and Security Agency within the Office of Undersecretary Foundation which provides educational programming and events and Fobisuite Technologies, Inc. President of the Collaborative Study Group, and Co-Founder of for Intelligence and Security of the United States. which empower youth and young adults with resources and life skills. Innovative Renal Care. Previously he served on the faculty of Mayo The Stamina Foundation has paved the way for over 100 under- He is President, Chief Executive Officer & Director at Loop Insights, Clinic. Previously, Captain Vincent was in charge of Russian Engagements for the privileged youth to attend college in a 20 year span. Inc. and Chief Executive Officer of Fobisuite Technologies, Inc. Mr. Chief of Naval Operations of the United States and served as the Operations Anson is also on the board of Fobi Pay Technologies, Inc. Dr. Dwyer has extensive experience working with FDA processes in Center Director for all Naval and Marine Corps Forces in Europe and Africa. He Derek was drafted as the 13th pick in the 1997 NBA draft and became particular devices and software. was the Commodore for the Helicopter Sea Combat Wing, responsible for the first player signed to the Michael Jordan Brand and given his own Mr. Anson previously occupied the position of Chief Executive Officer training, and equipping half of the Navy’s helicopter fleet, along with the signature shoe. With his first pay check from the NBA, he started his at One Team Media, and currently acts as President, Chief Executive Cameron Chell, CEO of Draganfly, said: “We are excited and truly MQ-8 Firescout, the Navy’s first operational unmanned helicopter. He was Foundation. In 2006, Derek won a World Title with the Miami Heat, Officer and Chairman of the board at Loop Insights, Inc. honored to have Dr. Jamie Dwyer join Draganfly’s outstanding Board of also the Division Chief for Strategic Effects working for Chaiman Joint Chiefs becoming 1 of 13 players to win both an NCAA and NBA championship. Advisors. Dr. Dwyer brings an incredible understanding and experience of Staff within the Department of Defence. He retired after an eleven-year NBA career in 2008. with FDA processes and will be key in evolving our Vital Intelligence technology.” Vincent's awards include three Legions of Merit, four Defense Meritorious After retirement, he expanded his business life and opened two hotels Service Medals, four Navy Commendation Medals, and various unit and in Turks & Caicos, his own film studio (Loyalty Media Group), and “Draganfly has impressed me with the work they have done with their campaign ribbons. began writing novels and screenplays. In 2010, Derek produced and Smart Vital assessment platform and telehealth app. I am honored to directed the documentary "The Untouchables of Kentucky." assist a company that has built a solid foundation for innovation within the telehealth sector,” said Dr. Jamie Dwyer. Dr. Dwyer holds an Sc.B degree in mathematics and Latin from Brown University, and an M.D. with Distinction from Brown University Medical School. He trained in Internal Medicine at Mayo Clinic Florida, where he served as Chief Medical Resident. He trained in Nephrology and Clinical Research at VUMC. After a faculty appointment at Mayo Clinic, he joined the Nephrology Division of VUMC in 2008. 25
GROWTH STRATEGY Draganfly, incorporated in 1998, is considered a leading commercial drone company. Draganfly is a company with several industry achievements, such as being one of the first to develop a quadcopter drone, to use a drone in North America to save a life, and to have a drone included in the Smithsonian National Air and Space Museum. Draganfly has established its market presence by continually innovating, delivering industry firsts in detection and defence, and conveying solutions to enterprise and government. Draganflyer quad-roto, produced by Draganfly, saved a human life in 2013 26
FOR MORE QUESTIONS, PLEASE CONTACT US Direct Line: 1-310-658-4413 Cameron.Chell@Draganfly.com 27
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