Draganfly Awarded State Corrections Contract for Vital Intelligence Technology
Los Angeles, CA., Sept. 12, 2023 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions, and systems developer, is pleased to announce that it has been awarded a contract to provide its Vital Intelligence technology to a state corrections agency to its facilities enhance security and efficiency for the benefit of the community, the staff, and the inmates.
The partnering state agency, responsible for corrections across the region, oversees 21 correctional facilities that house approximately 16,000 individuals. With a dedicated workforce of around 4,500 employees, the agency has maintained the lowest recidivism rate in the nation since 2021.
Draganfly's Vital Intelligence Technology extracts data from camera feeds to measure parameters such as heart and respiratory rates, oxygen saturation, and body temperature. The data is transferred to an easy-to-read dashboard and can be further integrated into internal systems to improve intake efficiency.
The Vital Intelligence provides a solution that enhances security but also ensures that accurate and essential information is readily available, aiding in more efficient inmate intake and management.
“The corrections market represents an important and significant market for Draganfly’s Drone, AI and Counter Drone solutions and we are honored to have been awarded a state-wide contract for this Tier One Government Customer, said Cameron Chell, President and CEO of Draganfly.
Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8A) is the creator of quality, cutting-edge drone solutions, software, and AI systems that revolutionize how organizations can do business and service their stakeholders. Recognized as being at the forefront of technology for over 24 years, Draganfly is an award-winning industry leader serving the public safety, agriculture, industrial inspections, security, 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.
For more information on Draganfly, please visit us at www.draganfly.com.
This release contains certain “forward looking statements” and certain “forward-looking ????information” as ????defined under applicable 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 ????include, but are not ????limited to, statements with respect to statements that the corrections market represents an important and significant market for Draganfly’s Drone, AI and Counter Drone solutions. 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 ?COVID-19 pandemic, 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; the ?potential for unexpected costs and ????expenses, currency ???fluctuations; regulatory restrictions; and 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 and with the United States Securities and Exchange Commission (the “SEC”) on EDGAR through the SEC’s website at www.sec.gov. 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.?
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