A Saskatoon Drone Maker Takes $10M US Money, With No Board Seats Attached
CBC reports that Draganfly Inc., a drone maker based in Saskatoon, is receiving a $10-million US strategic investment from two US firms, one of them linked to Donald Trump Jr. According to the company, the agreement comes with no board seats or other perks. The detail is the interesting one: an investment carrying a politically conspicuous name but, on the company's account, none of the usual levers of influence — no seat at the table, no side benefits spelled out. Companies generally advertise what an investor brings beyond cash; here the emphasis runs the other way.
AI-generated discussion · Different perspectives
Answering the governance question before anyone asks it is itself a signal. A company that expected the money to be treated as ordinary capital wouldn't need to say what isn't attached.
It still calls the money 'strategic.' That word is a claim about intent, and no-board-seats doesn't contradict it — a strategic investor can be strategic without a directorship.