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

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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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1 year 1 month ago #125870 by lynnsa10
lynnsa10 replied the topic: Drone Delivery Canada TSXV:FLT OTC:TAKOF Software delivery platform for drones
Stock doing well, here is the latest news

Mr. Michael Zahra reports

DRONE DELIVERY CANADA ANNOUNCES LETTER OF INTENT WITH DRONES EXPRESS INC. FOR CONDOR PROJECT

With the assistance of its sales agent Air Canada, Drone Delivery Canada Corp. has executed a letter of intent (LOI), effective Nov. 23, 2020, with Drones Express Inc. (DEI), for an expected multiyear, multiroute, Condor project in Quebec.

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 a drone delivery solution using multiple DDC Condor drones, and the Company's proprietary DroneSpotTM depots to service multiple coastal communities on multiple routes along the Lower North Shore region of Quebec. The solution will use DDC's patented and proprietary FLYTE system, in a SaaS model, and DDC will provide implementation & commissioning of the system, training, technical support, managed services and remote monitoring from its Operations Control Centre in Vaughan, Ontario. The expected term of the Agreement is to be 10 years with a total revenue over the term to DDC of CAD$3.6 million, plus other potential service revenues. DEI expects to expand this initial solution to more Condor drones, more communities, and more routes over time as this first project gains momentum during the term. Subject to the execution of the Agreement, implementation of the project is expected to commence in early summer 2021. All operations would be conducted in accordance with the Canadian Aviation Regulations and Transport Canada flight authorizations.

"Market response to our pre-selling of the Condor solution has been favourable in Canada and internationally, and we are excited to announce our first potential Condor project. This is a pivotal milestone for us. We are pleased to be working with Drones Express on this innovative commercial opportunity to service the needs of rural communities in Quebec, with potential further network growth in the future," said Michael Zahra, President & CEO of DDC.

"We are very thrilled to partner with Drone Delivery Canada on this very innovative new service. The current Canadian regulation regulatory framework allows the use of drones operating beyond visual line of sight (BVLOS), only in rural Canada for low-risk operations in remote and isolated regions of Canada. Our expertise lies in servicing remote communities in Quebec. Using drones to transport cargo and courier parcels is an innovative, reliable, economical and fast transport solution, and the Lower North Shore of Quebec is an ideal region for the implementation of such an initiative. We are ready for the challenge, a first in Canada," said Francois Bertrand, CEO of Drones Express Inc.

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1 year 2 months ago #125824 by DearJohn
DearJohn replied the topic: Drone Delivery Canada TSXV:FLT OTC:TAKOF Software delivery platform for drones
More good news today

TORONTO, Nov. 18, 2020 /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 ongoing successful testing of the Robin XL drone at the Company's 'Tranquility Base' test range.

The Company successfully tested numerous critical aspects of the Robin XL, including: communications system; navigational guidance system; autopilot system; take-off and landing performance; general flight stability and performance; multiple velocity vectors and altitude profiles; sound pressure levels; and battery consumption characteristics. All flight tests were conducted in accordance with the approvals provided by Transport Canada.

Pursuant to proposed Transport Canada regulations, the Robin XL would not require a formal aircraft type-certification when operated in specific lower-risk (rural & remote) locations, as is intended. Commercialization in support of COVID-19 related activities and also remote area deliveries would commence for 2021 projects once DDC has completed testing, expected over the next 3 months. Flight approvals would be requested through Transport Canada following the straightforward and well-established Special Flight Operations Certificate (SFOC) process that DDC has successfully used in the past.

The Robin XL is currently the Company's mid-size drone with an expected range of 60km (37mi) and a payload capacity of 11.3kg (25lb). The Robin XL is an electric, combination VTOL / fixed-wing drone. The aircraft itself includes an advanced, integrated parachute system which is expected to mitigate its risk profile and potentially allow for flight over people in the future, opening up an extended range of use cases. Cargo is stored safely and securely inside the drone, with temperature control capabilities. The Robin XL is designed to work with the Company's proprietary and patented DroneSpotTM depot system, automated battery management system and FLYTE software system. Future versions of the Robin XL are expected to feature the Company's innovated touchless cargo drop functionality. Similar to the Sparrow and Condor, in addition to carrying traditional cargo, the multi-mission Robin XL has the ability to carry specialized camera/video systems as well as specialized sensors, further extending its use cases into additional commercial, industrial, government and military markets, beyond traditional cargo delivery. The turnkey solution is marketed in a managed service SaaS business model in Canada and as a licensed managed service internationally.

"We are very pleased with the ongoing successful testing of our Robin XL delivery drone. The Sparrow, Robin XL and Condor all have unique commercial use-case applications based on range and payload capabilities, and we are excited to have the Condor and Robin XL models coming to market soon. Robin XL & Condor pre-selling efforts are underway and market response has been very favourable in Canada and internationally, and we are working on a number of specific prospective opportunities for both," said Michael Zahra, President & CEO of DDC.

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1 year 2 months ago #125803 by Gambler
Gambler replied the topic: Drone Delivery Canada TSXV:FLT OTC:TAKOF Software delivery platform for drones
The Globe and Mail reports in its Saturday edition that there will be a time when drones start making regular deliveries. The Globe's Oliver Moore writes that some say that drones could revolutionize cities by reducing delivery-truck traffic. The idea, however, still faces hurdles. It is also not clear how much could realistically be delivered without overwhelming city skies. However progress is being made toward a future that may see fewer packages being driven around. Drone Delivery Canada is doing flights to Georgina Island First Nation on Lake Simcoe as well as supplying Beausoleil First Nation on Georgian Bay. Chief executive officer Michael Zahra acknowledges that this is "a nascent industry." Some companies have little more than a website and an idea. He argues, however, that his company -- with the goal of becoming the top global drone delivery firm -- is among a number of those making real progress. He says: "We're at an inflection point where the industry is, no pun intended, about to take off. You're seeing a lot more news. Again, some smoke and mirrors. Some real, like what we're doing. You're seeing a lot more activity and focus, government attention, funding, some pilot projects."

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1 year 2 months ago #125785 by Gambler
Gambler replied the topic: Drone Delivery Canada TSXV:FLT OTC:TAKOF Software delivery platform for drones
I noticed that news. The Air Canada alliance will really pay off for FLT

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1 year 2 months ago #125784 by GoldnBoy
GoldnBoy replied the topic: Drone Delivery Canada TSXV:FLT OTC:TAKOF Software delivery platform for drones
Great news, FLT expanding over seas.

TORONTO, Nov. 12, 2020

TORONTO, Nov. 12, 2020 /CNW/ - Drone Delivery Canada Corp. (TSXV: FLT) (OTC: TAKOF) (Frankfurt: A2AMGZ) or (Frankfurt: 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 Letter of Intent ("LOI"), with CSC DRONE AVIATION – a CSC Group Company, located in India, effective November 12th, 2020.

Under the terms of the LOI, the parties shall cooperate and work jointly with the local regulator (Directorate General of Civil Aviation) and shall work together to identify and analyze market opportunities in India for DDC's Condor drone delivery solution with the intent to work towards a definitive agreement for that market.

"We are pleased to be working with CSC Group towards an agreement for DDC's Condor drone logistics solution in India. With a population of 1.4 billion people(1), and the world's 3rd largest GDP at USD$8.7 trillion(2), India is a massive logistics market, so there are numerous potential applications or the Condor, from first-mile / last-mile cargo delivery, to oil & gas, mining, government, military, healthcare, humanitarian aid and infrastructure inspection services. We are very encouraged by the strong Canadian and international interest in the Condor as we work towards its commercialization and the finalization of testing," said Michael Zahra, President & CEO of DDC.

"Diwali symbolizes victory, goodness, knowledge and prosperity, so during the auspicious period of Diwali, we are honoured to announce joining forces with Drone Delivery Canada to work towards bringing their advanced drone delivery solution to the enormous Indian market. Their solution, especially with the capabilities of the Condor, addresses many commercially viable use cases from commercial/industrial delivery applications to social benefit applications like healthcare," said Mr. Tushar Jani, Chairman of CSC Group.

(1)United Nations Department of Economic and Social Affairs.

(2)International Monetary Fund.

About CSC Group
CSC Group is one of India's leading air cargo handling companies, having a presence in Delhi, Ahmedabad, Mumbai, and Kannur with world-class infrastructure. The Group handles more than one million tons of cargo annually and has leadership in pharma healthcare logistics. CSC has been recognized for its exemplary work through several awards and certifications. It is a proud employer of more than 5000 people across all its locations in India. CSC Group was founded by Mr. Tushar Jani and Mr. Khushroo Dubash, the co-founders of Blue Dart Express Ltd.

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1 year 4 months ago #125543 by lynnsa10
lynnsa10 replied the topic: Drone Delivery Canada TSXV:FLT OTC:TAKOF Software delivery platform for drones
Here is the video of the condor. This must be worth a few bucks

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1 year 4 months ago #125540 by GoldnBoy
GoldnBoy replied the topic: Drone Delivery Canada TSXV:FLT OTC:TAKOF Software delivery platform for drones
Send some serious payload in this one

TORONTO, ONTARIO – September 1st, 2020 – Drone Delivery Canada Corp. (TSXV: FLT; OTC: TAKOF; Frankfurt: A2AMGZ or ABB.F) (the “Company” or “DDC”) is pleased to provide an update on the Condor drone from successful testing in Foremost, Alberta, Canada.



The Company successfully tested numerous critical aspects of the Condor, including: triple-redundant communications system (satellite, cellular, 900MHz RF); triple-redundant navigational guidance system; triple-redundant autopilot system; monitoring of unmanned flights remotely from DDC’s Operations Control Centre in Vaughan, Ontario; general flight stability and performance; and fuel consumption characteristics.



The Company expects to complete further Condor testing in Q4 2020 in preparation for commercialization. A Condor unit is also being prepared for future commercial customer operations. The Company currently has three Condor units.



The Condor is currently the Company’s largest drone with an expected range of 200km and payload capacity of 180kg and is fully integrated with the Company’s patented FLYTE software system. The solution is marketed in a managed service SaaS business model in Canada and as a licensed managed service internationally.



“We are very pleased with the ongoing successful testing results of the Condor. By the end of 2020 we also expect to have testing on the Robin XL completed. The Sparrow, Robin XL and Condor all have unique use-case applications based on range and payload capabilities, and we are excited to have all three coming to market. Pre-selling efforts are underway and market response has been very favourable in Canada and internationally. We continue to be a leader in the industry with our advanced, proven solution,” said Michael Zahra, President & CEO of DDC.

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1 year 4 months ago #125507 by lynnsa10
lynnsa10 replied the topic: Drone Delivery Canada TSXV:FLT OTC:TAKOF Software delivery platform for drones
Here is a video of the delivery, shows a lot of blue sky. Is that for the stock LOL

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1 year 4 months ago #125502 by RonS
RonS replied the topic: Drone Delivery Canada TSXV:FLT OTC:TAKOF Software delivery platform for drones
The important thing to realize here is that FLT is the first drone company in Canada making deliveries in a city, maybe in N America?

ORONTO, Aug. 27, 2020 /CNW/ - Drone Delivery Canada Corp. (TSXV: FLT) (OTC: TAKOF) (Frankfurt: A2AMGZ) (Frankfurt: ABB.F) (the "Company" or "DDC") is pleased to announce the successful implementation of its second cargo drone route with DSV Air & Sea Inc. Canada ("DSV"), using DDC's drone delivery platform. The intent of the roll-out is for DSV to deliver various types of cargo, including healthcare related cargo, from a DroneSpotTM at DSV's warehouse in Milton, Ontario to a DropSpot at RB (Reckitt Benckiser) in Milton, approximately 4km away. RB is a global producer of health, hygiene and home products.

Drone Delivery Canada's new contactless, cargo-drop route from DSV to RB (Reckitt Benckiser) (CNW Group/Drone Delivery Canada)

"We are pleased to announce that the initial implementation of our first contactless, commercial cargo-drop project has been completed successfully. We are excited to bring the benefits of our drone delivery solution to yet another company, RB. The route includes transport over Highway 401, one of the busiest highways in the world, adding a unique dimension to this project. I don't know that any other commercial delivery drone operator has done this before. DDC's solution is one of the most advanced in the world," said Michael Zahra, President & CEO of DDC.

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1 year 5 months ago #125453 by lynnsa10
lynnsa10 replied the topic: Drone Delivery Canada TSXV:FLT OTC:TAKOF Software delivery platform for drones
The National Post reports in Monday edition that an Ontario first nation is turning to a drone delivery company for contact-free shipments of protective equipment and testing supplies in an effort to bolster enhanced protections against COVID-19. A Canadian Press dispatch to the Post reports that Drone Delivery Canada (74 cents) will initially make small shipments of about 4.5 kilograms at a time to Georgina Island First Nation in Lake Simcoe during a pilot project funded by the federal government. The company also has the ability to send packages of about 180 kilograms in larger unmanned aircraft if needed. William McCue, a councillor with the first nation, says their community has upheld lockdown rules for longer than the rest of the province, and the use of drones will help supplies continue to roll in while people stay isolated. "At the beginning of the pandemic we had a total lockdown of the community," said Mr. McCue. "We tend to wait maybe three weeks or more before we go into the various phases that the province implements." With the drone delivery system set to begin in the coming weeks, Mr. Mccue said his community is in a better position to handle a second wave of the COVID-19 pandemic.

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1 year 6 months ago #125276 by lynnsa10
lynnsa10 replied the topic: Drone Delivery Canada TSXV:FLT OTC:TAKOF Software delivery platform for drones
TORONTO, July 6, 2020

TORONTO, July 6, 2020 /CNW/ - Drone Delivery Canada Corp. (TSXV: FLT) (OTC: TAKOF) (Frankfurt: A2AMGZ or ABB.F) (the "Company" or "DDC") is pleased to announce that on June 26th, 2020 it successfully completed Phase Two of its AED (Automated External Defibrillator) On The Fly project with Peel Region Paramedics and Sunnybrook Centre for Prehospital Medicine. Building on the success of Phase One of the study, the Company was able to demonstrate ease of use of its AED drone solution when provided to community responders in a simulated cardiac arrest scenario. The testing further validates that using DDC's proprietary drone delivery platform with cargo drop functionality to deliver rapid first responder technology via drone may reduce response time to cardiac arrest patients in the field while being utilized by lay responders.

Sparrow Drone Releasing AED (Automated External Defibrillator) (CNW Group/Drone Delivery Canada)

On June 26th, 2019, the Company had announced a 100% successful Phase One of the project. Phase Two utilized the Sparrow, with the new cargo drop capability and a new audio announcement system, to drop an AED where a designated lay bystander would then retrieve the AED and apply it to a simulated cardiac arrest patient in a rural environment. Multiple pairs of lay bystanders and simulated cardiac arrest patients in multiple locations were used to test the AED drone solution. Response time to drop, retrieve and apply an AED, and physiological and psychological human factors in a stressful situation were measured during the testing.

"This partnership between DDC, Peel Regional Paramedic Services and Sunnybrook Centre for Prehospital Medicine is groundbreaking. This innovative program utilizes DDC's proprietary drone logistics platform to deliver rapid first responder technology via DDC's Sparrow drone with the goal to reduce response time and potentially save lives. The Company thanks all participants and funders," commented Michael Zahra, President & CEO of Drone Delivery Canada.

Dr. Sheldon Cheskes, an Associate Professor at the Department of Family and Community Medicine, University of Toronto and the Principal Investigator of the 'AED on the Fly' Pilot Research program commented, "Phase Two of our research was truly a success. Our previous research within our rural community suggested the need to optimize the simplicity of AED use once delivered by a drone to the site of a cardiac arrest. Today we were able to markedly improve the speed of drone descent, the ability to accurately drop a protected AED from a drone at a safe height but most importantly see first-hand the benefits of technology that guides the first responder through the application of an AED after being released by the drone in a simulated cardiac arrest scenario. All these factors strengthen the likelihood that not only may drones decrease time to first AED shock in rural and remote communities but the fear of AED use can be minimized by 'real time' interaction between a first responder and trained personnel demystifying the use of AEDs during cardiac arrest. After today's test flights it will not take long to see drones as part of an organized 911 response to cardiac arrest in rural communities. We are thankful to our grant funders the Cardiac Arrhythmia Network of Canada (CANet) and Zoll Medical Inc. (Chelmsford, Massachusetts) for their support of this project."

Press Release on "AED on the Fly" Phase One:
dronedeliverycanada.com/resources/drone-...l-region-paramedics/

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