Draganfly Creates Dedicated U.S. Defense Subsidiary
Dow Jones Newswires reports that Draganfly has formed a dedicated U.S. defense subsidiary and appointed Thomas Modly as its chairman.
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what happened
Dow Jones Newswires reports that Draganfly has established a separate U.S. subsidiary focused on defense activities.
Thomas Modly has been appointed chairman of the new entity. The report provides no further details about the subsidiary’s operations or structure.
why it matters
The new dedicated unit and the appointment of a chairman mark an organizational change for Draganfly and may focus market attention on its U.S. defense business.
sources
- Draganfly Establishes Dedicated U.S. Defense Subsidiary, Appoints Thomas Modly as Chairman — Dow Jones Newswires, 12 October 2026 at 12:31 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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