Drone Racing League and Draganfly launch multi-year partnership and innovation lab

Draganfly, a global UAV leader, is partnering with DRL for onedvance drone racing and humanitarian aid through new cutting-edge technology

New York, NY and Los Angeles, CA, October 14, 2021 (GLOBE NEWSWIRE) – Today, Drone Racing League (DRL), the world’s premier professional drone racing property, and Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8), an award-winning, industry-leading drone solutions and system developer, announced a multi-year partnership. The companies will launch DRL Labs, an innovation hub, to research and develop next-generation drone technology that will promote the queen sport and other industries undergoing significant drone changes, including humanitarian aid and mobility.

As one of the longest drone companies in the world, Draganfly takes its legacy from drone innovation to the pioneering sport of high-speed drones. Through DRL Labs, Draganfly and DRL engineers will work to develop new technical solutions in autonomy, next-generation sensors and artificial intelligence, in order to contribute discoveries to disaster relief, transport and delivery facilities.

Globally broadcast DRL competitions will provide real-time test sites for DRL Labs innovations and reach DRL’s millions of tech-savvy tech-setter fans, 60% of whom claim that brands collaborating with DRL invest in innovation. The league will also incorporate Draganfly’s Vital Intelligence platform into their 2021-22 DRL season. Draganfly’s groundbreaking AI Vital Intelligence platform can use any camera to monitor the pilot’s heart rate and respiratory rate. By driving new health insights around flying drones and bringing fans closer to the DRL action than ever, the groundbreaking diagnostic system will analyze pilots’ physiological responses to competition, fast speeds, crashes and more. DRL will also release a “Why I Fly” series presented by Draganfly, which highlights the pilot’s personal journeys to drone flights during the 2021-22 season.

“Draganfly has driven the future of drones since the pre-drone era and the Drone Racing League is constantly driving the future of the sport. We are pleased to partner with DRL to develop new drone technology that will disrupt drone competitions and fan experience – while leveraging our technical discoveries for the benefit of humanity, says Draganfly CEO Cameron Chell.

“Drone Racing League is based on innovation and commitment to showcase the best technology to our millions of fans. We are pleased to partner with Draganfly, which will take its leadership in drone hardware, software and logistics to our global racing community. With the launch of DRL Labs, we will together introduce new drone technology that will not only redefine our sport but also provide real use cases to support communities around the world, says DRL SVP, Head of Partnership Development, Ari Mark.

Draganfly will be integrated into the 2021-22 DRL season starting next Wednesday, October 20, 2021 at 8pm EST on NBCSN and Twitter. The partnership covers both esports and real-drone racing through iconic sports arenas and DRL SIM virtual maps as pilots compete to become world champions. Find the full DRL competition schedule here.

About Draganfly

Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8) is the creator of advanced drone solutions, software and AI systems that revolutionize the way organizations can do business and serve their stakeholders. Recognized as the cutting edge of technology for over 20 years, Draganfly is an award-winning industry leader serving the markets for public safety, agriculture, industrial inspection, safety, mapping and surveying. 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.

For more information about Draganfly, visit us at www.draganfly.com.
For further investor information visit https://www.thecse.com/en/listings/technology/draganfly-
incl, https://www.nasdaq.com/market-activity/stocks/dpro or https://www.boerse-frankfurt.de/aktie/draganfly-inc.

About Drone Racing League

Drone Racing League (DRL) is an innovative global sports, entertainment and technology property. The best drone pilots in the world fly in the league and millions of fans see them compete on NBC, NBCSN and Twitter. With groundbreaking technology and immersive high-speed racing through virtual and live events, DRL creates a new era of sports that combines both esports and competition in real life.

DRL was founded by Nicholas Horbaczewski in 2015 and is a privately held company headquartered in NYC. For more information visit www.drl.io. To join the conversation, follow DRL on Facebook at facebook.com/thedroneracingleague, on Twitter @DroneRaceLeague and on Instagram @thedroneracingleague.

Media contacts:

Draganfly:
Arian Hopkins
E-mail: [email protected]

Company contact
E-mail: [email protected]

DR I:
Melanie Wallner
[email protected]

Forward-looking statements

This edition contains certain “forward-looking statements” and certain “forward-looking information” as defined in applicable Canadian securities laws. Forward-looking statements and information can generally be identified using forward-looking terminology such as “can”, “will”, “expect”, “think”, “appreciate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements and information are based on forecasts for future results, estimates of amounts that have not yet been determined and assumptions that, although management considers reasonable, are in themselves subject to significant business, financial and competitive uncertainties and events. Forward-looking statements include, but are not limited to, statements regarding the partnership between Draganfly and DRL. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond Draganfly’s ability to control or predict, which may cause Draganfly’s actual results, achievements or achievements to differ materially from those expressed or implied thereby and developed. based on assumptions about such risks, uncertainties and other factors set forth herein, including but not limited to: the potential impact of epidemics, pandemics or other public health crises, including the current outbreak of the new coronavirus known as COVID-19 for Draganfly’s operations, operations and economic situation, successful integration of technology, the inherent risks in the general securities markets; uncertainty about 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 personnel and other related risks and uncertainties reported under the heading “Risk Factors” in Draganfly’s most recent applications submitted to Canada’s securities regulators on SEDAR’s website at www.sedar.com. Draganfly does not undertake any obligation to update future-oriented information other than what is required by applicable law. Such forward-looking information represents management’s best judgment based on available information. No forward-looking statement can be guaranteed and actual future results may vary significantly. Consequently, readers are urged not to rely unnecessarily on forward-looking statements or information.

The content is by GlobeNewswire. DKODING Media is not responsible for the content provided or for links related to this content. DKODING Media is not responsible for the accuracy, timeliness or quality of the content.

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