Only realistic option is FET only. I'd use an SIR404DP, just a matter of voltage and amps using LIPO's - I got no experience with them, but thought high amp drones use LIPOs? Without buck or boost though, you are totally dependent on the performance of the cells.
The power density of RC LiPO/Li-ion packs can be much higher than the cylindrical cells we use. But the energy density is generally lower and they just don’t fit well in flashlights made for cylindrical cells.