Back Thestarphoenix

Firm backed by Donald Trump Jr. invests in Saskatoon drone maker

Thestarphoenix • September 28, 2026

A Saskatoon-headquartered drone maker is catching the interest of two large American players that are investing US$10 million for a minority stake in the company.

Draganfly Inc. makes drones and software for use in public safety, civil and military operations with manufacturing facilities in Florida, Saskatoon and Burnaby.

American drone component manufacturer Unusual Machines Inc. — which is backed by Donald Trump Jr. — and an unnamed U.S. investment firm said they are buying US$5 million each in Draganfly stocks.

Workers take this commuter aircraft to Saskatchewan's booming uranium mines

Mining workers regularly hop on flights like this one to reach remote sites. It's among the most unusual commutes in Canada.

Canpotex invests $500 million to upgrade Vancouver potash terminal

The potash exporter is investing into the Canadian port, but its parent company might put $1 billion in a U.S. port.

Trump backtracks on Belarus deal, sticks with Canadian potash

The first ship of Belarusian potash will be arriving to New Orleans month, but it may just be a one-off for the U.S. market.

The full story

This article is one source in a clustered incident — the cluster page carries the summary, timeline and every other outlet covering it.

Trump Jr.-Backed Firm Invests in Canadian Drone Maker Draganfly Amid Ukraine Crisis Draganfly Inc., a Canadian drone manufacturer, has received a $10 million investment from Unusual Machines, a company backed by Donald Trump Jr., and an unnamed U.S. asset management firm. This investment comes shortly after Draganfly secured a contract to supply drones to the Canadian Armed Forces and is expected to enhance its manufacturing capabilities. Draganfly's drones are also being deployed for humanitarian missions in Ukraine, where they will assist in search and rescue operations and deliver medical supplies. The investment is part of a growing trend of international interest in Canadian defense technology amid geopolitical tensions. Draganfly plans to expand its operations to Edmonton and Ottawa, while also maintaining its U.S. operations in Florida. The company has previously supplied drones for various missions, including those related to the U.S. Department of Defense. The investment is seen as a significant step in bolstering Canada's defense sector and technological capabilities. 3 sources 26

Extracted Entities

Countries (2)

Belarus Canada