02:03:44 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Drone Delivery Canada Corp
Symbol FLT
Shares Issued 224,199,312
Close 2024-01-08 C$ 0.165
Market Cap C$ 36,992,886
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Drone gets DroneCare BVLOS, dangerous goods OK

2024-01-09 09:07 ET - News Release

Mr. Steve Magirias reports

DRONE DELIVERY CANADA RECEIVES APPROVAL FOR BVLOS FLIGHTS AND DANGEROUS GOODS TRANSPORTATION ON ITS DRONECARE 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 DroneCare route, marking a significant milestone in the development of its drone delivery capabilities in the health care market segment.

The approvals from Transport Canada mark a significant milestone for Drone Delivery Canada and signify 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 seamlessly transfer medical samples between Milton District Hospital and Oakville Trafalgar Memorial Hospital. The Canary drone will carry a variety of critical medical supplies between the two hospitals, including but not limited to blood and serum chemistry tests, blood bank materials, urine cultures, small cytology containers with formalin, and blood culture bottles.

This approval also marks one of the first approvals in Canada for beyond visual line-of-sight operations in an aerodrome environment. This is a further testament to Drone Delivery Canada's commitment to the highest standards of operational safety.

"DDC continues to push the boundaries of drone delivery and this approval is a testament to our efforts to ensure we deploy a safe and efficient drone logistics system," said Steve Magirias, chief executive officer of Drone Delivery Canada. "This also continues our work in the health care vertical which is an important market for DDC. With BVLOS flights and dangerous goods transportation authorization, we will continue to transform the way health care supplies are transported, ensuring faster delivery times and enhancing overall patient care."

Drone Delivery Canada'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.

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.

Drone Delivery Canada is a publicly listed company trading on the TSX Venture Exchange under the symbol FLT, on the U.S. OTCQX market under the symbol TAKOF, and on the Frankfurt exchange in Germany under the symbol A3DP5Y or ABBA.F.

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