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Draganfly said it will use the proceeds to accelerate advanced strategic capabilities and fund working capital. Unusual Machines and the asset manager will invest $5 million each, based on Draganfly's Sept. 25 closing price of $5.35.
By Jarrett RenshawDonald Trump Jr.-backed Unusual Machines AMEX:UMAC and an unnamed US asset management company have invested $10 million in Canadian drone services firm Draganfly CSE:DPRO, as defense sector investments gather pace amid persistent geopolitical tensions.In a statement on Monday, Dra…