Draganfly Inc. (NASDAQ:DPRO) Q1 2022 Results Conference Call May 10, 2022 5:30 PM ET
Company Participants
Rolly Bustos - Head, IR
Cameron Chell - President and CEO
Paul Sun - CFO
Scott Larson - Lead Director
Rolly Bustos
Greetings, and welcome to the Draganfly Q1 2022 Earnings Call. Though our last call seem to be so recent, much has happened within our company and around the world even in the past few months. My name is Rolly Bustos. As most of you know, I am the Head of Internal Investor Relations here at Draganfly. I personally welcome each and every one of you and thank you for joining us today.
Today’s call will follow the same format as previous ones, which means it will start with our CEO and now our President, Cameron Chell discussing first quarter operational highlights; from there CFO, Paul Sun will jump in and discuss the financials as were reported earlier today. We will then end with our Lead Director, Scott Larson facilitating the Q&A portion.
While we’ll try to address them all, I apologize in advance, if time doesn’t allow us to do so. I’ve already talked to so many of you, but remember, you’re always welcome to reach out to me anytime, investor.relations@draganfly.com.
So, without any further hesitation, Cam, please go ahead.
Cameron Chell
Hi, everyone. And thanks very much for taking the time to be with us today. We appreciate your consideration and your graciousness in terms of looking at Draganfly as an investment. And hopefully as we expect and we’ll work toward being the number one or number two player in the North American drone space in the coming years. I’m just going to do a share screen here and take us through the presentation.
So, this will be review for some of you and certainly for some of our new shareholders hopefully give you an orientation point of who Draganfly is and what we are endeavoring to do.
So, Draganfly is a leading and rapidly growing drone manufacturer. In fact, certainly within the industry, we’re known as the oldest commercial drone manufacturer in the world. We’ve been manufacturing drones since 1998. We got a start in the drone industry really focusing on the public safety and services business by attaching thermal cameras to drones and providing them to search and rescue teams in order to look for heat signatures.
And in fact, a Draganflyer drone was the first drone that was ever credited with saving a human life, and today that drone sits on permanent display in the Smithsonian. And in fact even recently this week, I got a -- some pictures and the text from a shareholder who was in North Carolina, at a police museum, and they actually had old Draganfly drone controllers in the police museum as the first drones that were used in public safety and public service. So, we have a rich history and an incredible bench.