Draganfly Inc. has appointed Lieutenant-General (Ret’d) Michel Gauthier, a former Commander of the Canadian Expeditionary Force Command, to its Military Advisory Board. This high-profile hire is expected to strengthen Draganfly’s standing in military and policy circles, reinforcing its defense strategy for unmanned systems. While the appointment sharpens Draganfly’s access and credibility, the company still faces significant financial challenges, including annual losses and a high sales multiple, which means the hire alone is unlikely to quickly change its financial picture.
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Is Draganfly (CNSX:DPRO) Quietly Recasting Its Defense Strategy With This High-Profile Military Hire?
Draganfly Inc. has appointed Lieutenant-General (Ret’d) Michel Gauthier, a former Commander of the Canadian Expeditionary Force Command, to its Military Advisory Board. This high-profile hire is expected to strengthen Draganfly’s standing in military and policy circles, reinforcing its defense strategy for unmanned systems. While the appointment sharpens Draganfly’s access and credibility, the company still faces significant financial challenges, including annual losses and a high sales multiple, which means the hire alone is unlikely to quickly change its financial picture.