Mr. Michael Zahra reports
DRONE DELIVERY CANADA ANNOUNCES LETTER OF INTENT WITH ASTRAL AERIAL SOLUTIONS IN KENYA
With the assistance of its sales agent, Air Canada, Drone Delivery Canada Corp. has executed a letter of intent (LOI), with Astral Aerial Solutions Ltd., located in Kenya, effective Sept. 28, 2020.
Under the terms of the LOI, the parties shall co-operate and work jointly with the local regulator (Kenya Civil Aviation Authority) and shall work together to identify and analyze market opportunities in Kenya for Drone Delivery's drone delivery solution with the intent to work toward a definitive agreement for that market.
"As our first international opportunity, we are pleased to be working with Astral Aerial towards an agreement for DDC's drone logistics solution in Kenya. There are numerous potential applications from traditional last-mile cargo to mining, oil and gas, health care, humanitarian aid, and infrastructure inspection services. Astral Aerial's parent company, Astral Aviation, has a global, award-winning reputation and we look forward to a commercial relationship with them," said Michael Zahra, president and chief executive officer of Drone Delivery.
"We are honoured to co-operate with Drone Delivery Canada and to learn from their experience in providing innovative drone-based logistics platforms in Canada that can be applied in Africa. The Canadian technology can benefit various sectors in Africa especially in health care and accessibility to remote communities," said Sanjeev Gadhia, chief executive officer of Astral Aerial Solutions and Astral Aviation.
About Drone Delivery Canada Corp.
Drone Delivery is a drone technology company focused on the design, development and implementation of its proprietary logistics software platform, using drones. The company's platform will be used as a software-as-a-service (SaaS) model for government and corporate organizations globally.
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