Drone Delivery Canada TSXV:FLT OTC:TAKOF Software delivery platform for drones

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1 month 2 weeks ago #127023 by alexgreat
alexgreat replied the topic: Drone Delivery Canada TSXV:FLT OTC:TAKOF Software delivery platform for drones
TORONTO, Dec. 1, 2021 /CNW/ - Drone Delivery Canada Corp. (TSXV: FLT) (OTC QX: TAKOF) (Frankfurt: A2AMGZ or ABB.F) (the "Company" or "DDC") is pleased to provide an update on the Condor drone development.

Drone Delivery Canada Provides Condor Update (CNW Group/Drone Delivery Canada Corp.)

The Company has successfully tested numerous aspects of the Condor solution at test ranges in Alma, Quebec at the Unmanned Aerial System Centre of Excellence, and in Foremost, Alberta at the UAS Test Range. On November the 4th, 2021, the Company announced its Ontario Commercialization Centre, where Condor testing will continue, in addition to customer pre-delivery inspection, maintenance, training and customer demonstrations. The Centre will also support testing and development of multiple DDC platforms, including the: FLYTE software, Detect and Avoid (DAA) systems, Canary drone, DroneSpot depots, etc.

In addition to previously announced updates on Condor development and testing, the following further progress has been made – engine control unit (ECU) overhaul (avionics + engine overhaul), enhanced start-up procedure process, mechanical reliability improvements, upgraded to latest components (clutch, splitter gearbox, torque valves, etc).

Additionally, some items that remain to be completed – integration of automated weight & balance system, further testing with FLYTE software system, further payload testing, environmental testing, high speed testing, etc.

"We continue the development & testing of the Condor drone, and related necessary ecosystem components, and we are pleased with the progress & success we are having thus far. This is something unique that has never been done before. In a highly regulated and safety-centric industry, it's important to be methodical and approach this innovative development in a disciplined way," said Paul Di Benedetto, Company Co-Founder and Engineering Strategist.

"As a company in early-stage commercialization, and in a new and highly regulated industry, Condor progress continues at a pace commensurate with the overall complexity of the solution, global supply chain issues, and the impacts of the pandemic in Canada. The Condor will come to market when the Company feels confident that it is ready. Market response to the Condor has been favourable from prospects in Canada and internationally and we are pleased with what we think the Condor will bring to our customers and the industry in terms of potential logistical cost savings & efficiencies and incremental revenue opportunities," said Michael Zahra, President & CEO of DDC.

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3 months 2 hours ago #126877 by DearJohn
DearJohn replied the topic: Drone Delivery Canada TSXV:FLT OTC:TAKOF Software delivery platform for drones
Still holding a good position

Mr. Michael Zahra reports

DRONE DELIVERY CANADA PROJECT WITH UBC COMMERCIALLY OPERATIONAL

Further to its press release dated July 15, 2021, Drone Delivery Canada Corp.'s University of British Columbia (UBC) drone delivery solution at the Stellat'en First Nation for UBC's "Remote Communities Drone Transportation Initiative" (DTI) program is commercially operational, effective Oct. 18, 2021. The term of the project is 12 months.

The project enables defined-route deliveries utilizing DDC's Sparrow drone, its DroneSpottrademark takeoff and landing zones and the Company's proprietary FLYTE software. The solution will be used to transport a variety of cargo for the benefit of the Stellat'en First Nation and the Village of Fraser Lake, located in Central Northern British Columbia, Canada.

UBC pays DDC an upfront fee and a monthly fee for the drone route deployed, pursuant to the terms of the agreement. In addition to projects with commercial customers, this project is DDC's fourth First Nations drone solution and its first in British Columbia.

All operations will be conducted in accordance with appropriate Canadian regulations. Flights will be remotely monitored by DDC from its Operations Control Centre located in Vaughan, Ontario.

"We are pleased to move to commercial operations at this project. We look forward to working with all parties to bring meaningful value to the communities using our patented solution," said Michael Zahra, President & CEO of DDC. "We are entering a unique time in transportation history as we move towards a future that suggests an entirely new landscape of opportunities for the global supply chain. As an award-winning global leader, DDC is pleased with our continued technology & commercial successes in the drone delivery industry."

Implementation of the Company's project at Edmonton International Airport, previously announced on July 18th, 2021, is underway and flights are expected approximately at the end of October.

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10 months 3 weeks ago #126335 by JunglistGuy
JunglistGuy replied the topic: Drone Delivery Canada TSXV:FLT OTC:TAKOF Software delivery platform for drones
Toronto, Ontario--(Newsfile Corp. - February 23, 2021) - Drone Delivery Canada Corp. (TSXV: FLT) (OTCQX: TAKOF) (FSE: A2AMGZ) (FSE: ABB) (the "Company" or "DDC") announces that further to its press release of January 27, 2021, management of the Company has increased its budget related to its investor relations campaign (the "Campaign") in an effort to continue the Company's marketing and awareness campaigns using alternative methods following the unavoidable delays and cancellations of its previously planned and budgeted trade shows, conferences and conventions as a result of travel restrictions and limited person-to-person contact due to the Covid-19 pandemic (see the Company's press release dated November 9, 2020). Pursuant to existing arrangements previously announced with (i) Emerging Markets Consulting, LLC ("EMC") for electronic media and webcast services, design, development and dissemination services (the "EMC Agreement") and (ii) Winning Media LLC ("WM") for strategic digital media services, marketing, and data analytics services (the "WM Agreement"), with respect to each of EMC and WM providing ongoing investor relation services to the Company, the Company has agreed to pay an additional $200,000 to each of EMC and WM, upon receipt of an invoice from each of EMC and WM, as part of the increased budget in connection with the Campaign.

The additional consideration in connection with the Campaign budget is subject to the Company making certain filings with the TSX Venture Exchange (the "Exchange") and acceptance of the Exchange.

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11 months 2 weeks ago #126226 by lynnsa10
lynnsa10 replied the topic: Drone Delivery Canada TSXV:FLT OTC:TAKOF Software delivery platform for drones
TORONTO, Jan. 28, 2021 /CNW/ - Drone Delivery Canada Corp. (TSXV: FLT) (OTC: TAKOF) (Frankfurt: A2AMGZ or ABB.F) (the "Company" or "DDC") is pleased to provide an update on its plans to integrate Artificial Intelligence (AI) into its disruptive drone delivery solution.

As part of the Company's technology roadmap, it plans to integrate various aspects of AI into its solution, including the use of AI in leveraging: operational data collected by the Company's FLYTE software as related to weather, air traffic patterns, and package delivery patterns; radar data; vehicular & marine traffic data; and battery / fuel consumption data.

AI can be applied to the broad range of data collected by the Company in order to optimize predictive real-time route planning, especially in emergency medical scenarios; for electric and gasoline fuel optimization; long-range and short-range Detect and Avoid (DAA) systems for commercial and residential deliveries; and multi-drone logistics traffic optimization.

"There are numerous applications for AI within our system to bring even greater benefits to our customers. As one of the global industry leaders, using AI, machine learning and predictive analysis to push performance capabilities to the next level is part of our technology roadmap. Also, considering the volume of data obtained through our operations, this data can be monetized in the future to create new, incremental revenue streams," said Michael Zahra, President & CEO of DDC.

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11 months 4 weeks ago #126201 by Gambler
Gambler replied the topic: Drone Delivery Canada TSXV:FLT OTC:TAKOF Software delivery platform for drones
Nice news release today, perhaps why the stock is rising

TORONTO, Jan. 20, 2021

TORONTO, Jan. 20, 2021 /CNW/ - Drone Delivery Canada Corp. (TSXV: FLT) (OTC: TAKOF) (Frankfurt: A2AMGZ or ABB.F) (the "Company" or "DDC") is pleased to provide an update on its healthcare related activities.

On January 20th, 2021 the Company presented at the Canadian Institute of Traffic and Transportation (CITT) webinar panel titled "Logistics of a COVID-19 Vaccine for Canada", alongside esteemed government and logistics industry panelists. DDC was the only drone delivery company on the panel and presented the benefits of drone delivery for pandemic response to remote First Nations communities, especially as related to vaccines.

The Company is in discussions with various Federal and Provincial Government agencies and Canadian logistics providers and is hopeful to commercially participate with its advanced, patented drone delivery as the vaccine distribution plans start to roll out across Canada, and potentially internationally.

The company's Beausoleil First Nation and Georgina Island First Nation pandemic-related projects were previously announced June 4th, 2020 and July 30th, 2020, respectively. They continue to be fully operational as expected with multiple flights daily. The proven Sparrow drone used in both projects is capable of delivering medical supplies, PPE, test kits and vaccines.

The Company has previously successfully demonstrated the ability to transport temperature-controlled medical supplies (University of Saskatchewan project in 2020) and blood tests (Moose Cree First Nation pilot project in 2018) and is confident in its ability to effectively repeat this going forward.

"The healthcare industry is a market where we see significant potential future opportunity because it is a perfect fit for what our system does best – access to remote locations, time-critical deliveries, and limiting person-to-person contact. Since our cargo goes inside the drone, and we use a patented depot-to-depot DroneSpotTM network configuration, this results in a safe and secure solution, addressing unique needs for high-value and high-risk cargo, as is typical in healthcare, especially for vaccines," said Michael Zahra, President & CEO of DDC.

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11 months 4 weeks ago #126197 by alexgreat
alexgreat replied the topic: Drone Delivery Canada TSXV:FLT OTC:TAKOF Software delivery platform for drones
Taking off with big volume

Attachments:

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1 year 2 weeks ago - 1 year 2 weeks ago #126063 by lynnsa10
lynnsa10 replied the topic: Drone Delivery Canada TSXV:FLT OTC:TAKOF Software delivery platform for drones
Anyone find any detail on this? From Seeking Alpha below

Federal officials have launched new drone rules that could help open the skies for widespread commercial deliveries, allowing operators to fly small drones over people and at night under certain conditions. The regulations will give the FAA and law enforcement a handle on what's actually flying around in the skies, requiring remote identification technology to pinpoint them from the ground.

Meet the "Remote ID" standard: The new rules eliminate requirements that drones be connected to the internet to transmit location data, but they must broadcast remote ID messages via radio frequency broadcast (meaning they can be used in areas without internet access). Drone manufacturers will have 18 months to begin producing drones with Remote ID, and operators will have an additional year to provide Remote ID.

Other rules: For at-night operations, drones must be equipped with anti-collision lights that can been see for three miles. They must also "not cause injury to a human being that is equivalent to or greater than the severity of injury caused by a transfer of 25 foot-pounds of kinetic energy upon impact from a rigid object" and "does not contain any exposed rotating parts that could lacerate human skin upon impact with a human being."

Quote from FAA Administrator Steve Dickson: "The new rules make way for the further integration of drones into our airspace by addressing safety and security concerns. They get us closer to the day when we will more routinely see drone operations such as the delivery of packages."
Last Edit: 1 year 2 weeks ago by lynnsa10. Reason: Not all of article

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1 year 1 month ago #125958 by GoldnBoy
GoldnBoy replied the topic: Drone Delivery Canada TSXV:FLT OTC:TAKOF Software delivery platform for drones
Company is really starting to roll



TORONTO, ONTARIO – December 10th, 2020 – Drone Delivery Canada Corp. (TSXV: FLT; OTC: TAKOF; Frankfurt: A2AMGZ or ABB.F) (the “Company” or “DDC”) is pleased to announce that, with the assistance of its sales agent Air Canada (TSX: AC), it has executed a non-binding Letter of Intent (“LOI”), effective December 9th, 2020, with Overseas Express Consolidators Inc. (“OEC”).



Under the terms of the LOI, the parties are cooperating to work towards a binding definitive agreement (the “Agreement”). The Agreement will set out the terms and conditions respecting the Company’s drone delivery solution using DDC’s Sparrow, Robin XL and Condor drones and the Company’s patented and proprietary FLYTE system, in a Software as a Service (SaaS) model. DDC will provide implementation & commissioning of the systems, training, technical support, ongoing managed services and remote monitoring from its Operations Control Centre in Vaughan, Ontario. Anticipated projects on which the parties are focusing are routes for: First Nations communities across Canada, Canadian ports including shore-to-ship applications, and transactional routes connecting various airports in Canada, with potential subsequent expansion to other applications. All operations will be conducted in accordance with the Canadian Aviation Regulations and Transport Canada flight authorizations.



“OEC was the main funder of our currently operating GlobalMedic / Beausoleil First Nation project and we are pleased that they see the value of drone logistics and they are now looking for subsequent projects with DDC. Market response to our solution has been very favourable in Canada and internationally, and we are pleased with our ongoing momentum. OEC’s vision for a very broad range of drone delivery applications fits perfectly with the wide-ranging capabilities and use cases that the DDC solution can deliver,” said Michael Zahra, President & CEO of Drone Delivery Canada.



“The OEC Group continues to explore opportunities to expand drone capabilities to help essential goods reach remote and challenging destinations. Our initiative with the Beausoleil First Nation can be replicated to other remote communities across northern Canada. We also envision other exciting drone applications such as shore to ship and offshore facilities that require emergency tools or medical supplies. Drone technology is ideal to accelerate the transfer of goods in these scenarios. We are just scratching the surface of drone technology and how it will enhance our daily tasks. The future is exciting,” said Landon Bibeau, Chief Marketing Officer, OEC Inc.



About Overseas Express Consolidators Inc.

Founded in 1984, the OEC Group expanded throughout Canada and emerged as a global logistics provider in over 260 locations throughout Asia, the Indian sub-continent, Europe, the Middle East, Russia, Central and South America, Africa and Australia. Its highly-skilled professionals arrange the most complex air and ocean shipments, door deliveries, custom clearance, insurance, IT solutions, consulting, warehousing, and distribution services. Using best-in-class carriers, it seeks to accommodate any request, from a local delivery to major logistical projects throughout the world.

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1 year 1 month ago #125921 by lynnsa10
lynnsa10 replied the topic: Drone Delivery Canada TSXV:FLT OTC:TAKOF Software delivery platform for drones
More great news out late yesterday

Drone Delivery Canada Corp., with the assistance of its sales agent Air Canada, has executed a letter of intent, effective Dec. 3, 2020, with Apple Express Courier Ltd.

Under the terms of the LOI, the parties are co-operating to work toward a definitive agreement. The commercial details of the expected agreement are for the company's drone delivery solution using Drone Delivery Canada's Sparrow, Robin XL and Condor drones, and the company's patented and proprietary FLYTE system, in a software-as-a-service model. Drone Delivery Canada will provide implementation and commissioning of the systems, training, technical support, continuing managed services and remote monitoring from its operations control centre in Vaughan, Ont. Anticipated projects would initially focus on health care and e-commerce deliveries in Northern Ontario with potential subsequent expansion to other provinces in Canada. All operations will be conducted in accordance with the Canadian Aviation Regulations and Transport Canada flight authorizations.

"Market response to our solution has been very favourable in Canada and internationally, and we are pleased with our ongoing momentum. We are excited to announce a new relationship, with Apple Express, on this innovative commercial opportunity to service the needs of rural communities in Northern Ontario, with potential further network growth in the future," said Michael Zahra, president and chief executive officer of Drone Delivery Canada.

"As a leader in last-mile supply chain logistics, Apple Express is excited to work with Drone Delivery Canada to bring their innovative and proven drone delivery solutions into our offering to customers in rural environments in Canada. Drone delivery has the ability to drive cost savings, logistical efficiencies and incremental revenue opportunities," said Nasser Syed, CEO of Apple Express Courier.

About Apple Express Courier Ltd.

In 1985, Apple Express was established as a Toronto-based, local-delivery business. Strong leadership and a strategic vision enabled the company to achieve steady growth. With a view to the future, the company invested in emerging technology and infrastructure to service the world's largest brands. Today, Apple Express provides its customers with strategic transportation and logistics services through the utilization of its people's skills, processes and technology. Its strategic goal is to take on and aggregate more and more of its customers' non-strategic processes, particularly as they relate to the last mile of their initial and continuing relationship with their customers. Apple Express delivers highly customized, outsourced, SLA satisfaction and last-mile supply chain solutions for large health care, information technology and retail businesses. In 2016, Apple Express was acquired by a wholly owned subsidiary of bpost SA-NV, the Belgian-based international parcel and mail delivery service.

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1 year 1 month ago #125896 by Gambler
Gambler replied the topic: Drone Delivery Canada TSXV:FLT OTC:TAKOF Software delivery platform for drones
they upped the size of the financing to $12 million, I guess that is the news

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1 year 1 month ago #125894 by DearJohn
DearJohn replied the topic: Drone Delivery Canada TSXV:FLT OTC:TAKOF Software delivery platform for drones
stock is halted, must be some big news coming

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1 year 1 month ago #125887 by JunglistGuy
JunglistGuy replied the topic: Drone Delivery Canada TSXV:FLT OTC:TAKOF Software delivery platform for drones
looks like the stock is breaking out, up 12 cents this morning

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