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Drone Delivery Canada Corp
Symbol FLT
Shares Issued 224,199,312
Close 2023-06-15 C$ 0.375
Market Cap C$ 84,074,742
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Drone gets OK for BVLOS, dangerous goods on Care route

2023-06-15 09:25 ET - News Release

Mr. Steve Magirias reports

DRONE DELIVERY CANADA RECEIVES APPROVAL FOR BVLOS FLIGHTS AND DANGEROUS GOODS TRANSPORTATION ON ITS CARE BY AIR COMMERICAL PROJECT

Drone Delivery Canada Corp. has achieved official approval for beyond visual line-of-sight (BVLOS) flights in tandem with the transportation of dangerous goods for its Care By Air drone route, marking a significant milestone in the development of its drone delivery capabilities in the health care market segment.

The approval from Transport Canada marks a significant milestone for Drone Delivery and signifies the government's recognition of the company's cutting-edge technology, rigorous safety standards and commitment to advancing the field of drone logistics. With the BVLOS flight authorization, Drone Delivery's drones will be able to operate beyond the visual range of operators, expanding the reach and capabilities of their autonomous fleet, while achieving a significant improvement in operational efficiencies.

The Care by Air project is the company's longest commercial route to date at 13.4 kilometres, involves the transportation of medical radioisotopes by drone and is the first of its kind within Canada. The company has worked in collaboration with McMaster University, DSV Canada Inc., Air Canada Cargo, Halton Healthcare and the Oakville Trafalgar Hospital on this project.

Transport Canada has approved Drone Delivery to conduct BVLOS flights in the Golden Horseshoe/Southern Ontario area while transporting Class 7 dangerous goods. The company's procedures, practices and personnel were audited by both the Canadian Nuclear Safety Commission (CNSC) and Transport Canada to ensure that the company met the strict safety requirements needed to both operate BVLOS flights and to transport medical radioisotopes.

All operations will be conducted in accordance with the CNSC regulations, transportation of dangerous goods regulations, the Canadian aviation regulations and Transport Canada special flight operations certificates.

The approval for dangerous goods transportation is a testament to Drone Delivery's stringent safety protocols and demonstrates its ability to handle and transport a wide range of medical supplies and hazardous materials securely. This development will allow Drone Delivery to further support the health care industry by delivering time-sensitive and life-saving products with increased speed and reliability.

"We are extremely proud to have received these crucial approvals from Transport Canada for our Care by Air project," said Steve Magirias, chief executive officer of Drone Delivery Canada. "This is a significant achievement not only for our company, but for the entire drone delivery sector. With BVLOS flights and dangerous goods transportation authorization, we can now take a giant leap forward in transforming the way health care supplies are transported, ensuring faster delivery times and enhancing overall patient care."

Drone Delivery's advanced drone delivery platform utilizes a combination of proprietary software and cutting-edge hardware to ensure safe and efficient operations. The company's innovative technology has been widely recognized, earning it numerous accolades and partnerships with leading organizations in the health care and logistics industries.

Mr. Magirias, Drone Delivery's CEO, added: "Achieving BVLOS status on our Care by Air drone route is a major step forward in our mission to provide safe, reliable and efficient drone delivery services to communities across Canada. We believe that drone delivery has the potential to revolutionize the way we deliver essential goods and services, and we are proud to be at the forefront of this exciting industry."

About Drone Delivery Canada Corp.

Drone Delivery Canada is an award-winning drone technology company focused on the design, development and implementation of its proprietary logistics software platform, using drones. The company's platform is intended to be used as a software-as-a-service (SaaS) model for government and corporate organizations globally.

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