
Draganfly Demonstrates Integrated Tactical Strike System at Invite-Only Pentagon Event
This milestone builds on the Company's 2024 collaboration with MMS' Mjolnir, in which Draganfly was chosen to develop a tactical multi-drop payload system. The Pentagon event provided a national-stage venue for demonstrating this integrated solution to senior U.S. Department of Defense officials and allied partners from across the global defense enterprise.

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Globe and Mail
9 minutes ago
- Globe and Mail
Deadline Approaching: Lineage, Inc. (LINE) Investors Who Lost Money Urged To Contact Law Offices of Howard G. Smith
Law Offices of Howard G. Smith reminds investors of the upcoming September 30, 2025 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased Lineage, Inc. ('Lineage' or the 'Company') (NASDAQ: LINE) common stock pursuant and/or traceable to the registration statement used in connection with the Company's July 2024 initial public offering (the 'IPO'). IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN LINEAGE, INC. (LINE), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT. Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@ by telephone at (215) 638-4847 or visit our website at What Happened? In July 2024, Lineage conducted its IPO, selling over 65 million shares of common stock at $78 per share. On November 6, 2024, Lineage released its third quarter 2024 financial results, revealing that it had suffered a $543 million net loss during the quarter. On this news, Lineage's stock price fell $5.22, or 7.4%, to close at $65.79 per share on November 6, 2024, thereby injuring investors. Then, on January 14, 2025, The Wall Street Journal reported that Lineage was laying off employees due to reduced customer demand only six months after its IPO. Then, on April 7, 2025, Lineage announced the dismissal of its auditor, KPMG LLP. On this news, Lineage's stock price fell $5.29, or 9.9%, over two consecutive trading days, to close at $48.41 per share on April 8, 2025. Then, on April 30, 2025, Lineage reported first quarter 2025 financial results, including that '[t]otal revenue decreased (2.7)%' to $1.29 billion for the quarter. The Company stated it 'experienced more normal seasonal trends in the first quarter after multiple years of elevated inventory levels.' On this news, Lineage's stock price fell $8.16, or 14.62%, to close at $47.65 per share on April 30, 2025, thereby injuring investors further. On June 3, 2025, the Company stated at an Investor Conference that there has been 'pretty much flat demand' for Lineage's products and services and that the Company was operating in a 'flattish environment' in terms of demand. The price of Lineage stock has remained substantially below the IPO price at the time of this complaint's filing. What Is The Lawsuit About? The complaint filed in this class action alleges that the Registration Statement made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that Lineage was then experiencing sustained weakening in customer demand, as additional cold-storage supply had come on line, the Company's customers destocked a glut of excessive inventory built up during the COVID-19 pandemic, and the Company's customers shifted to maintaining leaner cold-storage inventories on a go-forward basis in response to changed consumer trends; (2) that Lineage had implemented price increases in the lead-up to the IPO that could not be sustained in light of the weakening demand environment facing the Company; (3) that Lineage was unable to effectively counteract the adverse trends listed in the foregoing through the use of minimum storage guarantees or as a result of operational efficiencies, technological improvements, or its purported competitive advantages; (4) that, as a result of the foregoing, rather than enjoying stable revenue growth, high occupancy rates, and steady rent escalation as represented in the Registration Statement, Lineage was in fact suffering from stagnant or falling revenue, occupancy rates, and rent prices; and (5) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. If you purchased or otherwise acquired Lineage common stock pursuant and/or traceable to the IPO, you may move the Court no later than September 30, 2025 to ask the Court to appoint you as lead plaintiff if you meet certain legal requirements. Contact Us To Participate or Learn More: If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us: Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, Telephone: (215) 638-4847 Email: howardsmith@ Visit our website at: To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.


CTV News
39 minutes ago
- CTV News
Base metal and telecom stocks help S&P/TSX composite rise more than 100 points
TORONTO — Canada's main stock index gained more than 100 points in late-morning trading on strength in the base metal and telecommunication sectors, while U.S. stock markets also climbed higher. The S&P/TSX composite index was up 104.37 points at 27,879.60. In New York, the Dow Jones industrial average was up 445.57 points at 44,420.66. The S&P 500 index was up 53.28 points at 6,426.73, while the Nasdaq composite was up 208.56 points at 21,593.96. The Canadian dollar traded for 72.65 cents US compared with 72.54 cents US on Monday. The September crude oil contract was down 17 cents US at US$63.79 per barrel. The December gold contract was down US$13.50 at US$3,391.20 an ounce. --- This report by The Canadian Press was first published Aug. 12, 2025.


Toronto Star
an hour ago
- Toronto Star
Blockmate investee Hivello integrates with Theta Network to boost user earnings
TORONTO, Aug. 12, 2025 (GLOBE NEWSWIRE) — Blockmate Ventures Inc. (TSX.V: MATE) (OTCQB: MATEF) (FSE: 8MH) ('Blockmate' or the 'Company') is pleased to announce that its investee, Hivello Holdings, has successfully integrated DePIN Theta Network with the Hivello platform to increase passive income earning opportunities for Hivello users. Theta Network becomes the 11th Decentralized Physical Infrastructure Network (DePIN) to integrate with Hivello. Through the Hivello platform, users can seamlessly connect to the Theta Network and start earning passive income in exchange for their idle computing resources. Theta Network provides video streaming efficiency tech and reduces costs for content delivery. Instead of relying solely on centralized servers, it uses a decentralized network of users who share excess bandwidth and computing resources, earning tokens in return. This helps deliver faster, more reliable streams while lowering infrastructure expenses. Real-world uses range from high-quality eSports broadcasts to decentralised video platforms, allowing Hivello users to earn rewards by contributing to the network's delivery power. ARTICLE CONTINUES BELOW Highlighting the demand for such computing power, some content partners of Theta Network include Samsung, Sony and Lionsgate. Justin Rosenberg, CEO of Blockmate Ventures, commented: 'Integrating Theta Network strengthens the Hivello platform and boosts the value of user participation. Off the back of Hivello's first buy-back and burn last month, this partnership is a great signal towards expanding the Hivello user base and enhancing the sustainability of the ecosystem as networks like Theta seek more computing power to process video streaming and AI content.' Below is the recent press releases from Hivello: Hivello Aggregates Theta Network to Boost User Earnings London & Amsterdam, August 11th, 2025 – Hivello, a DePIN aggregator that enables users to earn by monetizing idle (computing) resources across multiple DePINs (Decentralized Physical Infrastructure Networks), has integrated its 11th DePIN network, Theta Network, a leading decentralized infrastructure for video, AI, and entertainment. This collaboration is designed to directly boost user earnings while strategically strengthening the reach and expansion of the DePIN ecosystem. Hivello's decision to integrate the Theta Network is driven by a core objective: to provide new earning opportunities for the Hivello user base. This integration allows users to seamlessly monetize their idle GPU and CPU resources by connecting to the Theta Network, thereby expanding the earning potential available on the Hivello platform. By adding Theta, Hivello helps its community simplify access and participation in the DePIN space, reinforcing its position as a central hub for decentralized physical infrastructure networks. This integration is a direct reflection of Hivello's ongoing efforts to make decentralized technology both simple and rewarding. By making it straightforward for anyone to contribute to decentralized physical infrastructure networks, Hivello not only accelerates the broader adoption of DePINs but also empowers users with tangible earnings from resources they already own. Domenic Carosa, Co-founder & Chairman of Hivello said: 'Integrating Theta Network is an exciting step in our journey to build the most comprehensive aggregator of DePIN. This partnership not only provides our users with new, high-demand earning opportunities but also reinforces our commitment to supporting the growth and stability of key players in the decentralized space. We're proud to welcome Theta as our 11th network.' ARTICLE CONTINUES BELOW ARTICLE CONTINUES BELOW About Blockmate Ventures Inc. Blockmate Ventures (TSX.V: MATE) is a Blockchain & Web3 venture builder investing in and operating scalable blockchain, mining, and digital infrastructure companies. From decentralized computing with Hivello to Blockmate Mining, the Company's portfolio provides investors with diversified exposure to emerging sectors within Web3 and beyond. About Hivello Hivello is an aggregator of DePIN projects that allows any user to participate in a variety of DePIN networks with just a few clicks. This eliminates the technical hurdles that many users face when trying to join these networks, and allows users to earn passive income by mobilizing their idle computers. We aim to create a simple app that allows users to contribute their computer resources and earn passive income, with no technical knowledge required. It's as easy as downloading, installing, and running nodes, making complex technologies accessible and beneficial to all. Website | X | Discord | LinkedIn | Youtube To learn more, visit Blockmate welcomes investors to join the Company's mailing list for the latest updates, webinars and industry research by subscribing at ON BEHALF OF THE BOARD OF DIRECTORS Justin Rosenberg, CEO Blockmate Ventures Inc justin@ (+1-580-262-6130) Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Information This news release contains 'forward-looking statements' or 'forward-looking information' (collectively, 'forward-looking statements') within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on the assumptions, expectations, estimates and projections as of the date of this news release. Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by forward-looking statements contained herein. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Raindrop disclaims any obligation to update any forward-looking statements, whether because of new information, future events or otherwise, except as may be required by applicable securities laws. Readers should not place undue reliance on forward-looking statements.