DearJohn replied the topic: News, events about Drone Delivery Canada CSE:FLT
Pretty quiet here. Stock looks like it is at a good support and buy level
Thinking of summer got this silly idea. I don't need a boat, I just use a drone to drag my lure out in the lake, not sure how it would do fighting a good size fish, maybe I google it some crazy person probably already tried it
GoldnBoy replied the topic: News, events about Drone Delivery Canada CSE:FLT
Great news today
2017-06-06 07:10 ET - News Release
Mr. Richard Buzbuzian reports
DRONE DELIVERY CANADA ACHIEVES MAJOR MILESTONE TOWARDS COMMERCIALIZATION WITH SUCCESSFUL BVLOS TEST FLIGHTS
Drone Delivery Canada Corp. has shown success with a pivotal milestone toward commercializing its drone logistics platform after becoming the first and only company of its kind in Canada to successfully achieve beyond-visual-line-of-sight (BVLOS) test flights.
The success of these flights, which took place in Foremost, Alta., after Drone Delivery received a special flight operating certificate from Transport Canada, prove that Drone Delivery's BVLOS technical capability has now passed the most important landmark which enables the Drone Delivery platform to run commercially. Commercial operations are forecast to be based on a revenue model that comprises integration fees, set-up fees and continuing reoccurring revenue. Drone Delivery's revenue is based on a traditional SaaS (software as a service) model format.
"We are the only pure play drone delivery company that has ever successfully achieved BVLOS flights under Transport Canada's oversight," said Richard Buzbuzian, president of Drone Delivery Canada. "This is a major milestone for our company. With this success in hand, we now have greater visibility than ever before to operate commercially. Additionally, more than ever, we are also seeing international inquiry for our platform. This win has been a major step forward for us, both domestically and internationally."
The systems that were tested predominantly include Drone Delivery's proprietary FLYTE management system, its avoidance technology and communications platform. During the flights, Drone Delivery's mission control centre in Toronto, 2,500 kilometres away, successfully monitored and record telemetry in real time for each flight. Drone Delivery is set to become the first and only drone-logistics-compliant operator approved by Transport Canada, which is expected to occur in the fourth quarter of 2017 followed by commercial operations in the first quarter of 2018.
"The success of these flights now allows us to expand our testing with both new and existing clients that include large corporations and government organizations in Canada and abroad," said Tony Di Benedetto, chief executive officer of Drone Delivery Canada. "Given Canada's geography and some of the obvious and social opportunities in Northern Canada, we believe the best place to start commercializing this platform is in our own backyard, then internationally as we prove out our systems."
lynnsa10 replied the topic: News, events about Drone Delivery Canada CSE:FLT
Some more good news yesterday, this verticle could end up more than just deliveries
Drone Delivery Canada Corp. has entered into a sponsored research and collaboration agreement with the University of Toronto and Defence Research and Development Canada (DRDC) through the Natural Sciences and Engineering Research Council of Canada (NSERC) Collaborative Research and Development granting program to jointly develop a vision-based navigation solution for UAVs (unmanned aerial vehicles or drones) to safely navigate without the reliance of GPS (global positioning system) technology.
For Drone Delivery, the partnership will provide the company leading technology on the forefront of drone autopilot beyond visual line-of-sight (BVLOS) technology to safely navigate without the reliance of GPS technology, moving the company another significant step closer to commercialization. In this partnership, Drone Delivery will benefit from the intellectual property developed and will integrate into its proprietary FLYTE autopilot system.
"We are working on this next-generation BVLOS (beyond visual line of sight) drone technology with some of Canada's smartest minds," commented Paul Di Benedetto, chief technology officer of Drone Delivery Canada. "This collaboration will greatly accelerate our development of vision-based navigation technology for our FLYTE software management and autopilot systems required for commercialization," added Mr. Di Benedetto.
The development initiative will be co-led by Prof. Angela Schoellig and Prof. Tim Barfoot of the University of Toronto's Institute of Aerospace Studies (UTIAS). Prof. Schoellig heads up the dynamic systems lab at UTIAS. She is also an associate director of the newly founded Center for Aerial Robotics Research and Education (CARRE) at the University of Toronto. With her team, she conducts research at the interface of robotics, controls and machine learning. Prof. Schoellig has been working with aerial vehicles for the past eight years and, more recently, has applied her motion planning, control and learning algorithms to self-driving vehicles. Prof. Barfoot, who holds a Canada Research Chair (Tier II) in autonomous space robotics, is an expert in vision-based navigation and is the principal investigator of the autonomous space robotics lab (ASRL) at UTIAS.
Defence Research and Development Canada (DRDC) is co-funding this project alongside Drone Delivery. DRDC is the national leader in defence and security science and technology and is the agency of Canada's Department of National Defence (DND), DRDC provides DND, the Canadian Armed Forces and other government departments as well as the public safety and national security communities, the knowledge and technological advantage needed to defend and protect Canada's interests at home and abroad.
Gambler replied the topic: News, events about Drone Delivery Canada CSE:FLT
Ok crazy drone pilots, be prepared to anti up $3.000
Under the new restrictions, which are effective immediately, recreational drone pilots are prohibited from flying their UAVs higher than 90 metres, within 75 metres of buildings, animals or people, or within nine kilometres of an airport. Night flights are also prohibited under the new restriction, which promises a fine of up to $3,000.
Recreational users are also required to include their name, address and phone number with their drones.
"The majority of these recreational users are new and inexperienced," Garneau said at a news conference in Toronto, at Billy Bishop Airport. "I'm sure they want to do the right thing, but they may not understand the potential safety risks of operating a drone."
Garneau says he is imposing the new measures under the Aeronautical Act, which allows him to take action "when there is a significant risk to aviation."
Transport Canada says there were 148 reported incidents involving drones in 2016. That's up from 85 incidents in 2015, and 41 incidents in 2014.
alexgreat replied the topic: News, events about Drone Delivery Canada CSE:FLT
Good news this morning
Drone Delivery Canada Corp (C:FLT)
Shares Issued 89,291,299
Last Close 3/15/2017 $0.53
Thursday March 16 2017 - News Release
Mr. Tony Benedetto reports
DRONE DELIVERY CANADA APPOINTS PONTIAC GROUP AS ITS INDIGENOUS ADVISORS
Drone Delivery Canada Corp. has entered an agreement with the Pontiac Group, an aboriginal socio-economic development organization, to accelerate the company's Northern Canadian indigenous communities commercialization program focused for a nationwide rollout of the company's drone logistic solution, beginning first in Northern Ontario.
"With more than 1.4 million people in Canada identifying themselves as an indigenous person, this is a very large market for us where both the demand and benefits from employing drone delivery solutions in these remote communities is very significant," commented Tony Benedetto, chief executive officer of Drone Delivery Canada. "Pontiac Group's management team has demonstrated to us that they have the business and community acumen to deliver what we need to succeed in this large vertical."
With today's announcement, the Pontiac Group acting as DDC's national indigenous relations advisers will be engaged to accelerate the development of an indigenous drone delivery pilot project in Canada, the first ever of its kind that will begin in Northern Ontario within an area of 43 remote communities. Currently it is estimated that over 33 of these communities exist that are only accessible by ice road, boat, helicopter and all-terrain vehicles. There are over 600 of these first nation communities across Canada.
The pilot program, which will encompass the design, development and implementation of a drone logistics platform, will be the first of many. As and when successful, the company looks to roll out its drone solution nationwide to indigenous communities throughout Canada, in addition to corporate clients and government organizations which the company has agreements with or is actively pursuing. The pilot program is focused on connecting indigenous communities in remote Canada to foster economic sustainability and provide greater accessibility to these communities where ever possible.
"The ability of drone technology to assist remote communities in accessing commodities -- particularly medical supplies, monitoring natural systems, and conducting search and rescue missions will be revolutionary," commented Jacob Taylor, managing partner of Pontiac Group.
The Pontiac Group will market the company in first nation segments primarily to chief and council by way of duly convened meeting and facilitate introduction to Indigenous Northern Affairs Canada