{"id":762935,"date":"2023-06-12T07:48:22","date_gmt":"2023-06-12T11:48:22","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/drone-industry-set-to-take-off-with-release-of-streamlined-beyond-visual-line-of-sight-regulations-2\/"},"modified":"2023-06-12T07:48:22","modified_gmt":"2023-06-12T11:48:22","slug":"drone-industry-set-to-take-off-with-release-of-streamlined-beyond-visual-line-of-sight-regulations-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/drone-industry-set-to-take-off-with-release-of-streamlined-beyond-visual-line-of-sight-regulations-2\/","title":{"rendered":"Drone Industry Set to Take Off with Release of Streamlined Beyond Visual Line of Sight Regulations"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"center\">\n        <em>With over 24 years of operations and commitment <\/em><br \/>\n        <em>to<\/em><br \/>\n        <em> the advancement of drones, Draganfly<\/em><br \/>\n        <em> cites<\/em><br \/>\n        <em> the new streamline<\/em><br \/>\n        <em>d<\/em><br \/>\n        <em> regulations <\/em><br \/>\n        <em>as <\/em><br \/>\n        <em>the seminal event for the broad integration of drones<\/em><br \/>\n        <em>.<\/em>\n      <\/p>\n<p align=\"justify\">\n        <strong>Los Angeles, CA., June  12, 2023  (GLOBE NEWSWIRE) &#8212; <\/strong>Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (\u201cDraganfly\u201d or the \u201cCompany\u201d), an award-winning, industry-leading drone solutions and systems developer, is well poised to meet the market acceleration of the evolved and newly announced regulations governing Beyond Visual Line of Sight (\u201cBVLOS\u201d) drone operations by the Federal Aviation Administration (\u201cFAA\u201d).<\/p>\n<p align=\"justify\">Draganfly has been actively preparing for this evolution, ensuring it is well-positioned to be of service to its existing and future public safety-First Responder, Search &amp; Rescue, Wildfire, Medical and Defence customers.<\/p>\n<p align=\"justify\">As part of this development, the FAA has announced important updates to drone waivers to enhance safety and expand operations. These updates were created through collaborative efforts between public safety stakeholders, companies, and the FAA.<\/p>\n<p align=\"justify\">The FAA has introduced new waivers and templates that streamline the approval process for drone operations, particularly in the public safety sector. The Drone as a First Responder (\u201cDFR\u201d) BVLOS\/FR-BVLOS significantly reduces the approval timeframe from over six months to just a few days. This improvement will benefit Draganfly, enabling the Company to expand its presence in multiple industries and capitalize on more opportunities in the public safety sector.<\/p>\n<p align=\"justify\">Draganfly has over 24 years of experience manufacturing drones in particular for public safety in North America, providing crucial drone technology for beyond visual line of sight. Draganfly is a technology, manufacturing, and services partner with leading public safety organizations, such as ColdChain Delivery Services, DroneSense, SkyeBrowse, Vermeer and PromoDrone.<\/p>\n<p align=\"justify\">Also, in support of these streamlined regulations Draganfly recently opened the Draganfly <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=E6GriE0t750w1aDQtVd8onSQzdEyxrBZkcbi4UmnoHtAC36l2-mztEzfI9S-3TJYpkWIbd2N7-OudGtjvLUFYMHdCmeAyltutrBWTQg9VrVQHUlTu-sY9QiZ2yPGud0IEwZTs_yZO0L62lImjg7sndkmsbvnJBv3Zq4wetsUlQQngFXK3Ezyx-E0Gp921m8VCPAHjyWywXER-cJxKISjxg==\" rel=\"nofollow noopener\" target=\"_blank\"><u>UAS A.I.R. Space<\/u><\/a>, a 150 acre flight facility dedicated to the advancement of UAS program Adoption, Innovation &amp; Research which is designed to be the proving ground for our partners and customers testing requirements to attain applicable flight waivers. Draganfly drones have a storied track record performance from being the first Drone credited to have saved a human life to the recent humanitarian and demining missions in Ukraine which has helped build a reputation as a reliable and efficient provider poised to be a leader with our stakeholders dedicated to saving time, money, and lives.<\/p>\n<p align=\"justify\">\u201cCommercial, Government, Military &amp; Industrial drone adoption, expansion and sustainability can only be attained with a clear and efficient a regulatory framework which after decades of development has now taken shape and will accelerate the drone industry to its multi, multi-billion-dollar potential,\u201d said Cameron Chell, President, and CEO of Draganfly. \u201cThese regulations will enable broad adoption in addition to opening a whole new range of use cases and potential.\u201d<\/p>\n<p align=\"justify\">The market for drones that can fly beyond the visual line of sight could surpass a <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=hs-z_j8SMlJZoljn6Tqc0yJ5xR_OHvzqfi57AOyIpfvPnPSzRz0jwXZgHuQFLvsNs0Fu13qnAY7uYU4eMyD7YoMW72GiMfMeQUVMgdyB8gh75ByW5wvfQIGNlmg94S-ZQvFlv2rtKvptWlMSp6gSHxXhINumFqm2wgIrraQqHX4Li635EAlZhWOiBUBxZ_BbMqUIBnblvE3ibN4GxaT_tJcBevWhbk3XG0QGI7KDIt0=\" rel=\"nofollow noopener\" target=\"_blank\"><u>$34 billion <\/u><\/a>value in the next six years. This is being driven by streamlined regulation and expanded applications of drone technology.<\/p>\n<p>\n        <strong>About Draganfly<\/strong>\n      <\/p>\n<p align=\"justify\">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 22\u00a0years, 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.<\/p>\n<p>For more information on Draganfly, please visit us at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=8sgEqge-v91TdquaxNTmVeWFaSAh73L8l4LdtRZREB1sDD_fZgJI5cJssHt3rStMGnL4j65ac0AWy9Vs_KK4Pw==\" rel=\"nofollow noopener\" target=\"_blank\">www.draganfly.com<\/a>.<br \/>For additional investor information, visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=2mjIOLMNMzsiIG0lC9nS3XuZVx0t_GUb69Ht0lmYOtpdjynzuG0IOl6vLJBXTUJ0Q4qv-CqmpfgCbmiIdaw0kiwGW8jZgA9KRmx7oouBwnYgBacnbJUIrS9AhPD2jodGyovtwGixdpG2UyKIhv-k9UO5hQHtrUA-JT9Qs3Z1kSWYgW3Vlr2-F7bDe3ZAFya_\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/www.thecse.com\/en\/listings\/technology\/draganfly-inc<\/a>,\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=2mjIOLMNMzsiIG0lC9nS3a86GpKaQOA_gvldMmKPTV-cfXKs4dyHRRuBB92SfTuCnUHe1e-u5M7hvpklJBkmc_ZanzwRga9Ua1FdBdrVgckTdj69nhAHxLB2zexjz1oIG9rD_UQFpKUxM6ehf5UGYfT_0bJ4cocB017L1hoxBHg=\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/www.nasdaq.com\/market-activity\/stocks\/dpro<\/a>, or\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=2mjIOLMNMzsiIG0lC9nS3VSF0b-aABPMtEiFH8CMVEGY18aweFZTtwpwuUIzFCZkGPWI-nQvODEc1JfYaHU6b_zxGlAHKNRaaKze-he4K-ziQhCAYagcziy5ymdGfio7WscR__NA3CIH3yonzlvEfINX0revlQjdZZr-fI74ksGLd0PZ2D2fpUYPBduXoOax\" rel=\"nofollow noopener\" target=\"_blank\"><u>https:\/\/www.boerse-frankfurt.de\/equity\/draganfly-inc-1<\/u><\/a>.<\/p>\n<p>Media Contact<br \/>Arian Hopkins<br \/>email:\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=DcN-zDHZL05hwOXFE-J4ytmIqjdMUIjgO6DTRm6tqXLFqNOXvjszOIqNGOAHUwgYeW7OdKRpZomvV_Zj6WQP6rRRP34xXjBwIiksXJoiwoU=\" rel=\"nofollow noopener\" target=\"_blank\">media@draganfly.com<\/a><\/p>\n<p>Company Contact<br \/>Email:\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=wSUoLYGHGAds41QQY0Qb1TeFe5_w0W-j0hrvO5VOC1yoUk4x2_9V02UuNt0Rpwg5rNfSzcApuQo1q_CUoPsjKSxORnRNKQxF6JcM1yYwfSU=\" rel=\"nofollow noopener\" target=\"_blank\">info@draganfly.com<\/a><\/p>\n<p>\n        <strong>Forward-Looking Statements<\/strong>\n      <\/p>\n<p align=\"justify\">This release contains certain \u201cforward looking statements\u201d and certain \u201cforward-looking information\u201d as \u200e\u200edefined under applicable securities laws. Forward-looking statements and information can \u200egenerally be \u200eidentified by the use of forward-looking terminology such as \u201cmay\u201d, \u201cwill\u201d, \u201cexpect\u201d, \u201cintend\u201d, \u200e\u200e\u201cestimate\u201d, \u200e\u200e\u201canticipate\u201d, \u201cbelieve\u201d, \u201ccontinue\u201d, \u201cplans\u201d or similar terminology. Forward-looking statements \u200eand \u200einformation are based on forecasts of future results, estimates of amounts not yet determinable and \u200e\u200eassumptions that, while believed by management to be reasonable, are inherently subject to significant \u200e\u200ebusiness, economic and competitive uncertainties and contingencies. These statements include, but may \u200enot be limited to statements regarding the Company being well poised to meet the market acceleration of the evolved and newly announced regulations governing \u200eBVLOS drone operations by the FAA; the prediction that the market for drones that can fly beyond the visual line of sight could surpass a $34 billion value in the next six years. Forward-looking statements and \u200einformation are subject to various known and \u200eunknown risks and uncertainties, many of which are beyond \u200ethe ability of the Company to control or \u200epredict, that may cause the Company\u2019s actual results, \u200eperformance or achievements to be materially \u200edifferent from those expressed or implied thereby, and are \u200edeveloped based on assumptions about \u200esuch risks, uncertainties and other factors set out here-in, \u200eincluding but not limited to: the potential \u200eimpact of epidemics, pandemics or other public health crises, \u200eincluding the previous outbreak of the novel \u200ecoronavirus known as COVID-19 on the Company\u2019s business, \u200eoperations and financial condition, the \u200esuccessful integration of technology, the inherent risks involved in \u200ethe general securities markets; \u200euncertainties relating to the availability and costs of financing needed in \u200ethe future; the inherent \u200euncertainty of cost estimates and the potential for unexpected costs and \u200eexpenses, currency \u200efluctuations; regulatory restrictions, liability, competition, loss of key employees and \u200eother related risks \u200eand uncertainties disclosed under the heading \u201cRisk Factors\u201c in the Company\u2019s most \u200erecent filings filed \u200ewith securities regulators in Canada on the SEDAR website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=gE3J0REb_8sTPntm7rwna5hhCjW9VnBzOkm2n7QLHeSvSxrATudeFf1BX8jUc25ckHx8zy15OASMdJAWg7pwXg==\" rel=\"nofollow noopener\" target=\"_blank\">www.sedar.com<\/a> and with the U.S. \u200eSecurities and Exchange Commission on the EDGAR website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=gE3J0REb_8sTPntm7rwna0RYhrAGv8ReJFnyC9GOOAL75LQcV17O5CpYoBKZ_IsxvZ_fTKY60NCRSByQWNw09w==\" rel=\"nofollow noopener\" target=\"_blank\">www.sec.gov<\/a>. The \u200eCompany undertakes \u200eno obligation to update forward-looking information except as required by \u200eapplicable law. Such forward-\u200elooking information represents management\u2019s best judgment based on information currently available. \u200eNo forward-looking statement can be guaranteed and actual future results \u200emay vary materially. \u200eAccordingly, readers are advised not to place undue reliance on forward-looking \u200estatements or \u200einformation.\u200e<\/p>\n<p \/>\n      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg1NjQ3NSM1NjQyNDkxIzUwMDA2OTE2MQ==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/M2YwZDcxMjAtMTYyMS00ZDZmLTgzODAtZjg0NGFjZjg1NTNkLTUwMDA2OTE2MQ==\/tiny\/Draganfly-Inc.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>With over 24 years of operations and commitment to the advancement of drones, Draganfly cites the new streamline d regulations as the seminal event for the broad integration of drones . Los Angeles, CA., June 12, 2023 (GLOBE NEWSWIRE) &#8212; Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (\u201cDraganfly\u201d or the \u201cCompany\u201d), an award-winning, industry-leading drone solutions and systems developer, is well poised to meet the market acceleration of the evolved and newly announced regulations governing Beyond Visual Line of Sight (\u201cBVLOS\u201d) drone operations by the Federal Aviation Administration (\u201cFAA\u201d). Draganfly has been actively preparing for this evolution, ensuring it is well-positioned to be of service to its existing and future public safety-First Responder, Search &amp; Rescue, Wildfire, Medical and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/drone-industry-set-to-take-off-with-release-of-streamlined-beyond-visual-line-of-sight-regulations-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Drone Industry Set to Take Off with Release of Streamlined Beyond Visual Line of Sight Regulations&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-762935","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Drone Industry Set to Take Off with Release of Streamlined Beyond Visual Line of Sight Regulations - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/drone-industry-set-to-take-off-with-release-of-streamlined-beyond-visual-line-of-sight-regulations-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Drone Industry Set to Take Off with Release of Streamlined Beyond Visual Line of Sight Regulations - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"With over 24 years of operations and commitment to the advancement of drones, Draganfly cites the new streamline d regulations as the seminal event for the broad integration of drones . Los Angeles, CA., June 12, 2023 (GLOBE NEWSWIRE) &#8212; Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (\u201cDraganfly\u201d or the \u201cCompany\u201d), an award-winning, industry-leading drone solutions and systems developer, is well poised to meet the market acceleration of the evolved and newly announced regulations governing Beyond Visual Line of Sight (\u201cBVLOS\u201d) drone operations by the Federal Aviation Administration (\u201cFAA\u201d). Draganfly has been actively preparing for this evolution, ensuring it is well-positioned to be of service to its existing and future public safety-First Responder, Search &amp; Rescue, Wildfire, Medical and &hellip; Continue reading &quot;Drone Industry Set to Take Off with Release of Streamlined Beyond Visual Line of Sight Regulations&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/drone-industry-set-to-take-off-with-release-of-streamlined-beyond-visual-line-of-sight-regulations-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-12T11:48:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg1NjQ3NSM1NjQyNDkxIzUwMDA2OTE2MQ==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/drone-industry-set-to-take-off-with-release-of-streamlined-beyond-visual-line-of-sight-regulations-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/drone-industry-set-to-take-off-with-release-of-streamlined-beyond-visual-line-of-sight-regulations-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Drone Industry Set to Take Off with Release of Streamlined Beyond Visual Line of Sight Regulations\",\"datePublished\":\"2023-06-12T11:48:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/drone-industry-set-to-take-off-with-release-of-streamlined-beyond-visual-line-of-sight-regulations-2\\\/\"},\"wordCount\":1053,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/drone-industry-set-to-take-off-with-release-of-streamlined-beyond-visual-line-of-sight-regulations-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODg1NjQ3NSM1NjQyNDkxIzUwMDA2OTE2MQ==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/drone-industry-set-to-take-off-with-release-of-streamlined-beyond-visual-line-of-sight-regulations-2\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/drone-industry-set-to-take-off-with-release-of-streamlined-beyond-visual-line-of-sight-regulations-2\\\/\",\"name\":\"Drone Industry Set to Take Off with Release of Streamlined Beyond Visual Line of Sight Regulations - 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Los Angeles, CA., June 12, 2023 (GLOBE NEWSWIRE) &#8212; Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (\u201cDraganfly\u201d or the \u201cCompany\u201d), an award-winning, industry-leading drone solutions and systems developer, is well poised to meet the market acceleration of the evolved and newly announced regulations governing Beyond Visual Line of Sight (\u201cBVLOS\u201d) drone operations by the Federal Aviation Administration (\u201cFAA\u201d). Draganfly has been actively preparing for this evolution, ensuring it is well-positioned to be of service to its existing and future public safety-First Responder, Search &amp; Rescue, Wildfire, Medical and &hellip; Continue reading \"Drone Industry Set to Take Off with Release of Streamlined Beyond Visual Line of Sight Regulations\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/drone-industry-set-to-take-off-with-release-of-streamlined-beyond-visual-line-of-sight-regulations-2\/","og_site_name":"Market Newsdesk","article_published_time":"2023-06-12T11:48:22+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg1NjQ3NSM1NjQyNDkxIzUwMDA2OTE2MQ==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/drone-industry-set-to-take-off-with-release-of-streamlined-beyond-visual-line-of-sight-regulations-2\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/drone-industry-set-to-take-off-with-release-of-streamlined-beyond-visual-line-of-sight-regulations-2\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Drone Industry Set to Take Off with Release of Streamlined Beyond Visual Line of Sight Regulations","datePublished":"2023-06-12T11:48:22+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/drone-industry-set-to-take-off-with-release-of-streamlined-beyond-visual-line-of-sight-regulations-2\/"},"wordCount":1053,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/drone-industry-set-to-take-off-with-release-of-streamlined-beyond-visual-line-of-sight-regulations-2\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg1NjQ3NSM1NjQyNDkxIzUwMDA2OTE2MQ==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/drone-industry-set-to-take-off-with-release-of-streamlined-beyond-visual-line-of-sight-regulations-2\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/drone-industry-set-to-take-off-with-release-of-streamlined-beyond-visual-line-of-sight-regulations-2\/","name":"Drone Industry Set to Take Off with Release of Streamlined Beyond Visual Line of Sight Regulations - 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