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News, events about Drone Delivery Canada CSE:FLT

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1 year 5 months ago #117337 by alexgreat
alexgreat replied the topic: News, events about Drone Delivery Canada CSE:FLT
Sure looked like good news but stock sold off heavily. Sell on news buy on rumour?? Maybe so but this stock must be poorly promoted for that reaction

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1 year 5 months ago #117334 by DearJohn
DearJohn replied the topic: News, events about Drone Delivery Canada CSE:FLT
great news this morning, Drone Delivery and Staples teaming up to collaborate on drone deliveries
Toronto, ON, November 29, 2016, Drone Delivery Canada ‘DDC or the Company’ (CSE – FLT), is pleased to announce it is working with Staples (NASDAQ – SPLS), the country’s leading provider of business solutions, to collaborate and explore the feasibility of developing, implementing and commercializing a drone delivery logistics platform for Staples’ commercial requirements nationwide in Canada.

“This agreement with Staples is potentially transformational for us as a Company,” commented Tony Di Benedetto, CEO of Drone Delivery Canada. “We are the first and only drone delivery company in Canada. Now, with our recently awarded SFOC (Special Flight Operating Certificate) from Transport Canada to test fly, those customers who we were previously in contract discussions are now accelerating their dialogue with us to develop and implement their own drone delivery solution. We are experiencing great traction and are expecting more contract wins in Q4 and Q1 of 2017.”

“The work Staples is doing with Drone Delivery Canada will let us rapidly provide innovative solutions to meet our customers’ needs,” commented Mike Bhaskaran, Executive Vice President of Supply Chain, Staples, Inc. “We’re always testing new ways we can improve our supply chain capabilities and are encouraged by the potential of drone technology.”

With this agreement in place, DDC will work under Transport Canada’s framework to advance its testing at a specific test site within the Southern Ontario geography following which, DDC anticipates it will travel to Foremost, Alberta and Alma, Quebec to test beyond visual line of sight (BVLOS).

With DDC’s strong balance sheet and prudent approach, the Company is pleased to report it is adequately funded to commercialization.

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1 year 6 months ago #117299 by RonS
RonS replied the topic: News, events about Drone Delivery Canada CSE:FLT
Stock hit a new high this week at $0.48, probably some news on the way??

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1 year 6 months ago #117215 by Tom
Tom replied the topic: News, events about Drone Delivery Canada CSE:FLT
I seen one trade this morning hit 66 cents, maybe sellers drying up. If we get some good news this thing might gap higher, maybe that is why it is FLT, like flight to new highs

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1 year 6 months ago #117214 by DearJohn
DearJohn replied the topic: News, events about Drone Delivery Canada CSE:FLT
This is looking very good. There is a drone etf 'IFLY' had a look at it, very poor exposure IMO. Most stocks it holds just have minor interest in drones. Better off with FLT

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1 year 6 months ago #117213 by alexgreat
alexgreat replied the topic: News, events about Drone Delivery Canada CSE:FLT
Awesome, I am really doing well with this one. I was reading this just recently. UPS deliveries a package to a small island off the coast of Massachusetts

fortune.com/2016/10/03/ups-drones-delivery-testing/

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1 year 6 months ago #117212 by RonS
RonS replied the topic: News, events about Drone Delivery Canada CSE:FLT
The market potential for drones is simple enormous. $3.8 billion in agriculture alone.


The globalagriculture drone market [ www.grandviewresearch.com/industry-analy...ulture-drones-market ]is expected to reach USD 3,770.0 million by 2024, according to a new report by Grand View Research, Inc.

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1 year 6 months ago #117210 by JB
JB replied the topic: News, events about Drone Delivery Canada CSE:FLT
Volume has picked up nicely and am up nice on my position. Plan on adding some more, something must be coming

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1 year 6 months ago #117209 by GoldnBoy
GoldnBoy replied the topic: News, events about Drone Delivery Canada CSE:FLT
Stock action looks very good. We have a clear break out on the chart and looks like it started after a cross last Wednesday
Attachments:

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1 year 6 months ago #117208 by lynnsa10
lynnsa10 replied the topic: News, events about Drone Delivery Canada CSE:FLT
Great idea to start a topic. I am glad I bought more back in the summer when you suggested. This video on their website is a good demonstration

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1 year 6 months ago #117207 by RonS
RonS created the topic: News, events about Drone Delivery Canada CSE:FLT
Drone Delivery. based in Toronto, Ontario focuses on designing, developing and implementing a commercially viable drone delivery system within the Canadian geography.

This is a disruptive technology and it's time has come. I expect this will be very lucrative to early innovators like Drone Delivery.

I visited their site to see what they were working on and had a lengthy discussion with management back in June. The management team has a very good track record of bringing technologies up to a commercial status and selling it off for multiple returns for their shareholders and I believe they will do it again with Drone Delivery Canada.
On Oct 4th 2016 FLT a special flight operations certificate from Transport Canada. The certificate now allows Drone Delivery Canada the ability to advance its drone delivery technology and accelerated testing in the Canadian skies, beginning with Southern Ontario.

First Canadian drone logistics company in Canada to obtain Special Flight Operations Certificate from Transport Canada

"Our drone logistics platform is quickly progressing to the Canadian skies. Not only are we the first and only drone logistics company in Canada, we now have just obtained a special flight operations certificate from Transport Canada allowing us to test fly with potential customers. This is a Drone Delivery Canada milestone which I am pleased to report we achieved six months ahead of schedule. We have large customer demand, and we are seeing vastly increased market acceptance of our business moving us closer to our commercial goals," commented Tony Di Benedetto, chief executive officer of Drone Delivery Canada.

On Oct. 3, 2016, Transport Canada, Canada's federal regulatory body that is responsible for transportation policies and programs in Canada, granted Drone Delivery Canada its first official flight certificate to advance its outdoor testing within Southern Ontario.

Drone Delivery Canada will work alongside Transport Canada, which will provide oversight on advanced testing at a specific test site within the Southern Ontario geography.

"Our outdoor flight testing will be conducted at various altitudes to a maximum of 300 feet above ground level with flight speeds not to exceed 150 kilometres per hour. Our customers and partnerships have indicated their desire for payloads and distances, which we expect to exceed as we move closer to commercialization having now obtained our first special flight operations certificate from Transport Canada," stated Paul Di Benedetto, chief technology officer at Drone Delivery Canada.

The special flights operations certificate is the first step in the formal process working with Transport Canada in receiving its operator status. Drone Delivery Canada looks to first deploy services in Northern Canada within remote communities where demand and need are highest.

Up to date info and a news feed on all the latest Drone developments at

www.playstocks.net/index.php/market-trends/the-drones-r-coming


www.dronedeliverycanada.com

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