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Drone Companies Thriving as Global Surveillance Drone Market is Expected to Reach $27.70 Billion By 2035

By The Northwire Desk — AI Analysis Oct 23, 2025 · 09:05 DPRO · 11.63 Draganfly Inc.
DPRO · Price

Executive Summary

  • Draganfly Inc. will host an invitation‑only Border Drone Security Summit in Arizona on Nov. 16‑17, 2025, featuring a live demonstration of its Outrider technology.
  • FactMR projects the global surveillance drone market to grow from $7.2 bn in 2025 to $27.70 bn by 2035 (CAGR 14.4%).
  • Recent contract highlights from peers: AeroVironment awarded a $95.9 M U.S. Army contract; Kratos unveiled the “Ragnarök” low‑cost cruise missile with 500 nm range and 80‑lb payload.

Key Details

  • Draganfly Summit: Exclusive event in partnership with Cochise County Sheriff’s Office, Nov 16‑17, 2025, Sierra Vista, AZ; live demo of Outrider rugged border‑security drone.
  • Market Forecast (FactMR):
  • 2025 market size: USD 7.2 bn.
  • 2035 projected size: USD 27.70 bn.
  • CAGR (2025‑2035): 14.4%.
  • Regulatory Trends: BVLOS approvals advancing in USA, Germany, South Korea; insurance uptake rising, enabling new applications (emergency response, asset inspection, rural security).
  • Technology Shift: Move toward modular platforms integrating AI, edge computing, 5G, and cloud for multi‑mission capabilities.
  • AeroVironment Contract: $95.9 M award from U.S. Army for Next‑Generation C‑UAS Missile (NGCM) and Long‑Range Kinetic Interceptor (LRKI) program; production of Freedom Eagle (FE‑1) kinetic missile.
  • Kratos “Ragnarök” LCCM: 500 nm range, 80 lb payload, low‑cost cruise missile targeting precision strike markets.
  • Northrop Grumman: Released Q3 2025 financial results (details not provided in this release).
  • Lockheed Martin Q3 2025 Results:
  • Sales: $18.6 bn vs. $17.1 bn YoY.
  • Net earnings: $1.6 bn ($6.95/share) vs. $1.6 bn ($6.80/share).
  • Cash from operations: $3.7 bn vs. $2.4 bn YoY.
  • Free cash flow: $3.3 bn vs. $2.1 bn YoY.
  • Record backlog: $179 bn; delivered 143 F‑35 jets to date.

Notable Quotes

  • Cameron Chell, CEO – Draganfly: “This summit provides an opportunity for agencies and industry leaders to collaborate…see firsthand how American‑developed drone technologies…are advancing mission success and safety.”
  • Jimmy Jenkins, EVP – AeroVironment: “FE‑1 strengthens our nation’s air defense arsenal by providing an urgently needed kinetic C‑UAS solution…”
  • Steve Fendley, President – Kratos Unmanned Systems: “The Ragnarök LCCM represents our commitment to developing high‑performance strike systems…that meet the evolving needs of today’s warfighter.”

Materiality Assessment

  • Non-Material – Neutral (industry outlook and peer contract announcements; no direct material impact disclosed for Draganfly or other specific issuers).
Read the original news release →

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