News, events about Drone Delivery Canada CSE:FLT

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2 weeks 5 days ago #122358 by Gambler
Gambler replied the topic: News, events about Drone Delivery Canada CSE:FLT
Now we know why the stock has been down here.

TORONTO, March 6, 2019 /CNW/ - Drone Delivery Canada Corp. (TSX.V:FLT – OTCQB: TAKOF) ("Drone Delivery" or the "Corporation") announced today that it has entered into an agreement with GMP Securities L.P. (the "Underwriter"), pursuant to which the Underwriter has agreed to purchase, on a bought deal basis pursuant to the filing of a short form prospectus, 6,000,000 units (the "Units") of the Corporation at a price of $1.20 per Unit (the "Offering Price") for aggregate gross proceeds to Drone Delivery of $7,200,000 (the "Offering"). Each unit shall consist of one common share and one half common share purchase warrant (a "Warrant"), with each Warrant entitling the holder to purchase one common share at a price of $1.50 until 24 months after the Closing Date. If the volume weighted average price of the Common Shares on the TSXV is equal to or greater than $2.00 for a period of 10 consecutive trading days then the Company may anytime thereafter accelerate the expiry date of the Warrants to the date that is 30 days following the date on which the Company issues notice to all the Warrant holders of the new expiry date. The Company will also issue a press release on the same date as it issues notice confirming the new expiry date of the Warrants.

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1 month 3 days ago #122246 by alexgreat
alexgreat replied the topic: News, events about Drone Delivery Canada CSE:FLT
NASA to test advanced traffic control system for cities

www.digitaltrends.com/cool-tech/nasa-tes...ffic-control-system/

I know FLT in the U.S. testing as well, wonder where they are in this?

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1 month 4 days ago #122238 by lynnsa10
lynnsa10 replied the topic: News, events about Drone Delivery Canada CSE:FLT
Here is the video.

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1 month 4 days ago #122236 by RonS
RonS replied the topic: News, events about Drone Delivery Canada CSE:FLT
Here is a pic of the Condor. Getting very close to transporting people. Needs a windshield and wiper.

Attachments:

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1 month 6 days ago #122213 by GoldnBoy
GoldnBoy replied the topic: News, events about Drone Delivery Canada CSE:FLT
Awesome news today

TORONTO, Feb. 19, 2019 /CNW/ - Drone Delivery Canada 'DDC or the Company' (TSX.V:FLT, OTC: TAKOF), today unveiled its largest cargo and farthest range delivery drone, 'The Condor'. 'The Condor' was displayed at public and investor launch events at the TMX Broadcast Centre Gallery in Toronto.

Tony Di Benedetto, CEO of Drone Delivery Canada opens the cargo bay door of his company's newest, largest and farthest range cargo delivery drone, the Condor, in Toronto, Ont. on Tuesday, February 19, 2019. The 7 metre long Condor has a payload capacity of 180 kilograms and a potential travel distance of up to 200 kilometres. THE CANADIAN PRESS IMAGES/J.P. Moczulski (CNW Group/Drone Delivery Canada)

The Condor has been in development for the past year and is the next generation in DDC's drone delivery cargo aircraft. With a payload capacity of 180 kilograms or 400 pounds, and a potential travel distance of up to 200 kilometres, the Condor pushes the limits in both cargo capacity and distances. The Condor is powered by a next generation gas propulsion engine.

The Condor measures 22 feet long, 5.1 feet wide and seven feet tall. It has a wing span of approximately 20 feet and is capable of vertical take off and landing. It is equipped with DDC's proprietary FLYTE management system which is the same platform used in all of DDC's cargo delivery drones. This is also the same management system that was used in the fall of 2018, during the company's operations in Moosonee and Moose Factory, Ontario in support of Transport Canada's Beyond Visual Line-of-Sight (BVLOS) pilot project.

DDC will be working closely with Transport Canada to secure the necessary approvals to begin flight testing the Condor in Q3 of 2019.

To watch the launch VIDEO of the Condor please visit; dronedeliverycanada.com/video-repository/

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1 month 1 week ago #122159 by GoldnBoy
GoldnBoy replied the topic: News, events about Drone Delivery Canada CSE:FLT
Yes, I picked some more up below $1.30, good to see heading back up

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1 month 2 weeks ago #122114 by lynnsa10
lynnsa10 replied the topic: News, events about Drone Delivery Canada CSE:FLT
Agree, great buy here

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1 month 3 weeks ago #122065 by JunglistGuy
JunglistGuy replied the topic: News, events about Drone Delivery Canada CSE:FLT
Yup, I bought a bit more too, fly Drone fly

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1 month 3 weeks ago #122041 by DearJohn
DearJohn replied the topic: News, events about Drone Delivery Canada CSE:FLT
I picked up some more stock at these prices, a steal, I believe

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2 months 2 weeks ago #121897 by lynnsa10
lynnsa10 replied the topic: News, events about Drone Delivery Canada CSE:FLT
January 9, 2019
DRONE DELIVERY CANADA SUPPORTS TRANSPORT CANADA


Toronto, ON, January 9, 2019, Drone Delivery Canada ‘DDC or the Company’ (TSX.V:FLT OTC:TAKOF), is pleased to expresses its support for the new Remotely Piloted Aircraft regulations announced today by the Minister of Transport, Marc Garneau.


These regulations are specific to drones used in Visual Line of-Site operations, may not necessarily be applicable to DDC’s Beyond Visual Line-of-Site (BVLOS) initiatives. However, DDC believes the Canadian drone industry requires this type of stable and flexible regulatory regime to allow the industry to flourish, while at the same time, having the flexibility to continue expanding its field of influence.


“The newly announced regulations are another step forward in the evolution of the industry. Ultimately, they will allow more flexibility in our current operations, while indirectly supporting DDC ability to accelerate towards the commercialization of its Drone Delivery Services in Canada”, commented Mark Wuennenberg, VP of Regulatory Affairs for Drone Delivery Canada.


The release of these regulations demonstrates Transport Canada’s leadership in this exciting new field of aviation. Additionally, it shows the department’s continued support of innovative solutions to address the infrastructure challenges experienced by Canadians, from coast to coast.


As DDC moves into commercialization, these regulations will become the cornerstone for future drone regulatory development efforts in Canada, which DDC is excited to support through our participation in Transport Canada’s BVLOS trials.



As a leader in the Canadian Drone Delivery industry DDC has been anticipating these new regulations and we are well positioned to fully implement them.


As we begin the New Year, DDC is currently focused on strengthening its management team amongst all levels with a focus on enlisting the smartest minds to assist in driving commercial operations.

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3 months 2 weeks ago #121703 by Gambler
Gambler replied the topic: News, events about Drone Delivery Canada CSE:FLT

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5 months 2 weeks ago #121254 by alexgreat
alexgreat replied the topic: News, events about Drone Delivery Canada CSE:FLT
Great video on Drone Delivery's success in Moosenee

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