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The order, placed through a recognized defense contractor, represents a significant milestone for Draganfly.
Due to contractual and regulatory restrictions, specific customer details cannot be disclosed.
Also Read: Draganfly Lands Second Order from Major US Telecom for ‘Tethered’ Emergency Drones
It also marks Draganfly's selection for the first phase of a formal evaluation process as part of an ongoing program to integrate drone solutions throughout military operations.
However, the procurement underscores the rapidly growing international demand for secure, NDAA-compliant unmanned systems capable of supporting a wide variety of operational needs, including situational awareness, reconnaissance and logistics support, while providing the flexibility to adapt to emerging payloads and technologies in the future.
The Commander 3XL platform is a modular and highly adaptable unmanned system engineered for the most demanding defense and government missions.
Built to rigorous operational standards, the configuration selected includes an AES 256 secure communication link, a rugged ground control station and flexible payload architecture supporting intelligence, real-time surveillance, and logistical applications.
Also this week, Draganfly completed live border-security demonstration missions with its Outrider Border Drone platform, showcasing long-endurance surveillance and emergency-response operations across challenging U.S.–Mexico border terrain. The successful demos, conducted with the Cochise County Sheriff's Office, drew strong interest from federal, state, and military agencies now exploring procurement and deployment opportunities.
DPRO Price Action: Draganfly shares were up 4.76% at $7.49 during premarket trading on Wednesday, according to Benzinga Pro data.
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Check out SRFM's stock price here.
While Surf Air is known for its regional flight network, Co-founder Sudhin Shahani revealed in a recent interview on Benzinga's Marketopolis podcast that the company’s collaboration with Palantir is central to its broader mission to create the infrastructure necessary to support and scale the adoption of hybrid-electric aircraft.
At the core of this strategy is “SurfOS,” a software platform developed using Palantir's Foundry and Artificial Intelligence Platform (AIP).
Shahani identified a critical gap in the aviation market: while major commercial airlines have sophisticated tools, the “Part 135” regional market— which comprises smaller charter operators and private planes—remains highly fragmented and underserved.
“It's in the perfect spot to create vertical AI software solutions for it,” Shahani said.
By ingesting proprietary datasets into Palantir's infrastructure, Surf Air is building applications that connect brokers, operators, and owners.
The goal is to optimize flight schedules and aircraft utilization today, creating the efficiency required to make the economics of future electric flights work.
See Also: reAlpha CEO Logozzo Details AI Platform Pivot, Plan To Convert AIRE’s ‘Traders To…Investors’
This software push runs parallel to Surf Air's aggressive hardware ambitions. As the largest operator of the Cessna Caravan, the company is working with OEM Textron and other partners to develop electrified powertrains for this workhorse aircraft.
Shahani emphasizes that the software and hardware strategies are inextricably linked. The “SurfOS” platform is designed not just to book flights, but to eventually help operators manage the complexities of an electrified fleet.
“We intend to be the brand that introduces those to operators,” Shahani said regarding new electric technologies.
“We want to be the provider to them, not just of distribution… but also the underlying software infrastructure to help them run their businesses more efficiently, to help introduce new electrification initiatives.”
By using software to maximize fleet efficiency and electrification to slash fuel costs, Surf Air aims to democratize access to private, short-haul travel—moving passengers off the roads and into the air.
“We think that there's advantages of bringing in unique datasets, proprietary datasets, and we think of ourselves as an expert where we can actually leverage that data,” Shahani noted.
While the S&P 500 has risen 13.18% year-to-date, SRFM has underperformed the markets with a negative 58.81% return. However, it was up 8.29% over the year.
The stock maintains a negative price trend in the short, medium, and long terms. Additional performance details, as per Benzinga Edge’s Stock Rankings, are available here.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Topline data is expected in the first quarter of 2026. Earlier, the company expected topline results from the first trial by year-end 2025, with follow-up trials in bipolar disorder, major depressive disorder, post-traumatic stress disorder, and Alzheimer's launching through early 2026.
In collaboration with Massachusetts General Hospital as the clinical trial site, Alzamend is investigating the distinctive characteristics of AL001.
Alzamend Neuro AL001 (LiProSal) is a novel, patented oral therapeutic drug candidate for the treatment of Alzheimer's disease, bipolar disorder (BD), major depressive disorder (MDD), and post-traumatic stress disorder (PTSD). It is designed as a safer and more effective lithium-delivery system compared to traditional lithium salts.
The primary objective is to assess how AL001 delivers lithium to the brain compared to marketed lithium salts, evaluating its ability to achieve better therapeutic efficacy while minimizing systemic side effects.
The clinical study utilized an engineered head coil developed by Tesla Dynamic Coils BV, which grants the capability for high-resolution, whole-brain lithium imaging, which allows for the precise quantification of lithium within specific brain structures.
The resulting proprietary imaging data sets will be used to establish a foundational reference, helping Alzamend accurately identify the optimal, disease-specific target doses of AL001.
By potentially removing the requirement for lithium therapeutic drug monitoring, AL001 could transform treatment for at-risk patient groups and enhance clinical outcomes.
Lithium is widely recognized as a highly effective first-line option for managing manic episodes and maintenance in BD, yet TDM challenges have limited its adoption.
Lithium salts approved by the U.S. Food and Drug Administration currently face a narrow therapeutic index, necessitating frequent clinician-monitored plasma lithium and blood chemistry tests to prevent adverse effects.
Through reduced systemic exposure, Alzamend's AL001 formulation may represent a paradigm shift in treating disorders such as Alzheimer's, by lowering the risks of kidney and thyroid complications commonly associated with conventional lithium regimens.
The company's secondary therapeutic drug candidate, ALZN002, is a proprietary "active" immunotherapy product, which means it is produced by the patient's immune system.
ALZN002 uses autologous dendritic cells engineered to target amyloid-beta proteins, aiming for safe, long-lasting reduction of beta-amyloid plaques—unlike antibody-based approaches that rely on foreign products.
In April 2023, Alzamend Neuro initiated a Phase 1/2A trial for ALZN002 to evaluate its safety, tolerability, and efficacy in 20-30 patients with mild to moderate Alzheimer's, comparing multiple ascending doses to a placebo.
ALZN Price Action: Alzamend Neuro shares were up 7.79% at $2.63 during premarket trading on Tuesday, according to Benzinga Pro data.
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The launch mission integrates advanced satellites, powerful AI hardware, blockchain verification, and clean-energy tech to demonstrate a new digital infrastructure in orbit.
PowerBank plans to initially invest $50,000 in Orbit AI, with an option to invest $1 million for equity of 2%.
Subject to the approval of Orbit AI, the amount can be increased to up to $10 million for equity of 20%.
The transaction is contingent on finalizing the agreement and is expected to be completed before the DeStarlink Genesis-1 launch, scheduled for December 2025.
Notably, the company plans to launch Genesis-1 in the fourth quarter of 2025, expand to 5–8 orbital nodes in 2026, roll out the full constellation and commercialize Orbital Cloud in 2027–2028, and achieve autonomous large-scale orbital operations by 2030.
Through the collaboration with Orbit AI, PowerBank plans to contribute advanced solar energy systems and adaptive thermal controls, which align with its strategy to support digital asset, data center, and RWA infrastructure with clean power.
The company's contribution will supply the solar and thermal technologies needed for the satellite's future "Execution Layer."
Dr. Richard Lu, CEO of PowerBank, said, "The combined markets for orbital satellites, in-orbit data centers, blockchain verification, and solar-powered digital infrastructure are projected to exceed $700 billion over the next decade."
"By integrating solar energy with orbital computing, PowerBank is helping create a globally sovereign, AI-enabled digital layer in space, which is a system that can help power finance, communications, and critical infrastructure."
The Orbital Cloud targets multiple high-growth markets, including orbital infrastructure, which is expected to grow to $21.3 billion by 2029 (vs. $13.5 billion in 2024, CAGR ~9.6%) and the global satellite market, which is projected to expand to $615 billion by 2032.
Also, it targets other rapidly booming markets, such as in-orbit data centers ($1.77 billion in 2029 → $39.1 billion by 2035), and satellite data services ($12.16 billion in 2024 → $55.24 billion by 2034, CAGR ~16.3%). Overall, these sectors represent an over $700 billion opportunity over the next decade, fueled by AI, blockchain, renewable energy, and digital sovereignty demands.
SUUN Price Action: PowerBank shares were up 2.91% at $1.77 during premarket trading on Tuesday, according to Benzinga Pro data.
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The ECU enables high-performance, low-latency Artificial Intelligence (AI) processing directly on Microspot, Micropolis's proprietary platform for real-time surveillance, behavior analysis, and mission management.
The company will deploy ECU across its M01 and M02 platforms as well as stationary AI nodes to support perimeter security, infrastructure surveillance, off-road autonomy, and advanced mission automation.
Notably, Micropolis has been a member of the NVIDIA Inception Program since 2022.
The unit enables Micropolis robots and fixed installations to perform advanced computer vision, object detection, behavior analysis, suspect profiling, and mission planning locally, without cloud dependency.
The units can function as a distributed edge network, linking with Micropolis's autonomous surveillance robots to boost situational awareness across wide or remote areas.
This setup enables shared intelligence, enhancing response speed, accuracy, and operational resilience.
Fareed Aljawhari, CEO of Micropolis Robotics, said, "By integrating NVIDIA Orin SOC into our IP67-rated Edge Computing Units, we ensure that Microspot can process complex AI models instantly and securely on-site. This enables real-time decision-making for law enforcement, border control, and other critical operations where reliability cannot be compromised."
Price Action: MCRP shares are up 0.76% at $1.330 premarket at the last check on Tuesday.
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Photo by AKOBCHUK V via Shuttesrtock
The demo was in partnership with the Cochise County Sheriff's Office during the Cochise County Drone Summit, held November 16–17, 2025.
The two-day summit brought together a wide range of Federal, State, local, and military stakeholders responsible for border security, public safety, and advanced unmanned aerial systems (UAS) operations.
Also Read: Palladyne AI, Draganfly Team Up To Enhance UAV Swarming Capabilities
Draganfly's systems executed long-endurance flight missions across complex terrain along the U.S.-Mexico border, demonstrating real-world capabilities in surveillance, emergency response, apprehension support, and secure communications.
The Outrider Border Drone is a North-American-built, NDAA-compliant platform purpose-engineered for rugged, mission-critical border environments.
Core specifications include up to 100 lb payload capacity and up to 7 hours of continuous flight time, advanced imaging, AI-enabled sensing, and secure real-time communications and seamless integration with Draganfly's portfolio of NDAA-compliant systems, including the Flex FPV, Apex, Commander III, and Heavy Lift platforms.
The live operations generated strong interest from Federal and State agencies, county and municipal law enforcement departments, and U.S. military observers.
The company said that several agencies are now engaged in ongoing discussions around procurement pathways, deployment models, and distribution partnerships utilizing existing grant allocations and public-safety budgets.
Last week, Draganfly received a second purchase order from a Fortune 50 telecommunications company, expanding its NDAA-compliant drone fleet for emergency and post-disaster telecom support.
Under the deal, Draganfly will deliver multiple Commander 3XL drones equipped with USaS's LEAP tether system, which enables continuous power, high-bandwidth connectivity, and longer mission endurance.
DPRO Price Action: Draganfly shares were down 6.22% at $6.03 during premarket trading on Monday, according to Benzinga Pro data.
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A look ahead at 2026 and what's on the horizon for IPOs and M&A activity within the Fintech sector was one of the major themes at the Benzinga Fintech Day & Awards 2025.
A panel of experts shared their thoughts on what past trends show and what's ahead for the upcoming year.
The growth of cryptocurrency and decentralized finance (DeFi) is one of the key themes the fintech sector is seeing.
"One of the big themes is convergence of DeFi and TradFi. That is really playing out," FT Partners Managing Director Roshan Punjabi told the audience.
Punjabi said recent M&A in the space is showing the connection between the two.
"There's a regulatory environment that is clearly favorable for them right now. The Trump administration has definitely made that a big part of their story here as well."
Merchant Seven Managing Partner Pierce Crosby said there are companies looking for homes instead of going the IPO route. He used the example of crypto startup Zerohash being bought by Mastercard (NYSE:MA)
."A lot of businesses are available for sure, and I think a lot of investors, especially in the VC world, are getting a little like antsy, if you will, about liquidity," Crosby said.
Crosby said the sector could face greater risk as more deals are made.
"You have to buy, you have to buy in order to get ahead of whatever trend that is occurring in the market, because most teams, if not 99% of teams, do not have the capability to see what's going to happen and then be able to build ahead of the trend."
Not focusing on an IPO could be a solution for companies when building out their roadmaps, Tickblaze CEO Sean Kozak said.
"Less than 8 to 10% of all companies go public," Kozak said. "So that build out is very, very different depending on the roadmap of the company."
Kozak said his preference for "a bootstrapped organization" is to focus on acquiring instead of just building.
"We were very aggressive with our roadmap and that means going out and raising capital because it really is about speed of execution and being able to deliver on revenue."
The rise of artificial intelligence has helped create new use cases for consumers and businesses.
Punjabi argued that AI should be able to help with issues such as how much paper and manual checking are still used in financial services.
"AI should solve or help solve a lot of those aspects and speed up," Punjabi said.
Punjabi said AI may not solve all our problems, but it should be able to help with automation.
While AI has only recently surged in popularity across the business world, Crosby said the finance industry has used it "way before it became a consumer trend."
"I don't think that AI is going to be the silver bullet in 2026, I think it will definitely change multiples," Crosby said.
Kozak said AI is changing so rapidly that companies need to be careful how they strategize integrating AI into forecasts, while at the same time paying attention to the emerging trend.
"I think any businesses that's trying to grow, if they don't incorporate AI, I mean, they're really not listening to what the industry in the world is saying," Kozak said.
Kozak said AI is an "add-on" that can help scale infrastructure, but "it's not the replacement to a good business."
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The company clocked a quarterly revenue of $102.8 million, up by 90% year-over-year, topping the analyst consensus estimate of $84.59 million. The revenue rose by 42% sequentially.
Gross revenue for the quarter was $118.5 million (including $15.7 million intercompany revenue, highlighting strong subsidiary synergy).
Also Read: Telecom Drives iQSTEL’s 42% Q3 Revenue Growth
The third-quarter adjusted EBITDA was $0.68 million. The Telecom segment posted an adjusted EBITDA of $0.60 million, and the Fintech segment posted $0.08 million.
The quarterly Revenue Run Rate stood at $411.5 million. The quarter’s adjusted EBITDA Run Rate was $2.73 million.
IQSTEL said it remains on track to achieve its 2025 revenue forecast of $340 million.
It has already announced an organic revenue forecast of $430 million for 2026, representing 26% Y/Y organic growth and is on track to reach $15 million EBITDA target in 2026.
IQSTEL and strategic partner Cycurion Inc. (NASDAQ:CYCU) agreed to exchange $1 million in shares, forming a sibling-company alliance to develop next-generation AI-driven cybersecurity solutions.
Both companies will distribute $500,000 in shares as dividends to their shareholders before December 31, 2025.
Thanks to this strategic partnership, IQSTEL is adding Cybersecurity services to its expanding portfolio.
IQST Price Action: iQSTEL shares were up 0.11% at $4.57 during premarket trading on Thursday, according to Benzinga Pro data.
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