I regret not adding more I am thrilled to see the recent news of their strategic agreement with Remote Sensing Instruments (RSI) in India. This agreement marks a significant milestone for Draganfly as it opens up new doors for revenue growth and expansion.
I was initially hesitant to hold on to my shares due to some negative voices on other platforms, but I am grateful for the supportive encouragement from the investment community. In retrospect, I regret not adding more to my portfolio when the stock was trading below $1.
India's drone market is expected to grow at a CAGR of 10.23% between 2023 and 2028, which is a huge opportunity for Draganfly to tap into. The fact that they will be manufacturing their drones in India under the AatmaNirbhar Bharat (Made in India) program is a game-changer in terms of revenue growth. RSI's expertise in the field of remote sensing and geographic information system (GIS) will help Draganfly penetrate the Indian market with ease.
I am confident that this strategic agreement will prove to be a catalyst for Draganfly's growth and I look forward to seeing the results in the near future. I am a proud shareholder in this company and am optimistic about its future prospects.