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

More
6 months 3 weeks ago #124061 by RonS
RonS replied the topic: Drone Delivery Canada TSXV:FLT OTC:TAKOF Software delivery platform for drones
2019-06-04 08:32 ET - News Release


Mr. Tony Di Benedetto reports

DRONE DELIVERY CANADA ANNOUNCES COMMERCIAL AGREEMENT WITH AIR CANADA

Drone Delivery Canada Corp. has entered into an agreement with Air Canada effective May 29, 2019, whereby Air Canada Cargo will market and sell Drone Delivery's drone delivery services in Canada using Air Canada Cargo's marketing and sales platforms and resources.

Pursuant to the terms of the agreement and subject to Drone Delivery obtaining required regulatory approvals, Drone Delivery will build and operate up to 150,000 drone delivery routes in Canada. These routes will include timetables, flight schedules, payload capacities, type of drones to be deployed and payment terms. Drone Delivery's services will be marketed as a premium offering, and Air Canada Cargo has agreed that it shall not use or engage with any other drone delivery service providers.

Air Canada Cargo has agreed to sell, market and promote Drone Delivery's drone delivery services on the agreed routes, leveraging Air Canada Cargo's expertise in the cargo world, brand presence and sales network.

"This agreement greatly accelerates our commercial rollout in Canada," commented Tony Di Benedetto chief executive officer of Drone Delivery. "Our drone delivery services will be extensively marketed as we work to establish operations across the country leveraging Air Canada Cargo's brand presence and their established sales network and marketing reach. DDC will benefit from Air Canada's Cargo's expertise and ability to promote and sell DDC services through Air Canada Cargo's industry-leading marketing and sales technology channels in Canada, which will support our efforts to establish DDC as Canada's first national drone cargo solution. Next, DDC hopes to pursue even larger markets in the United States and Europe."

"Air Canada is pleased to partner with Drone Delivery Canada, a leading player in today's emerging drone industry. We believe drone technology has the potential to offer the cargo community cost-effective solutions to complex issues related to supply chain distribution in non-traditional markets, including remote communities in Canada. It is another way Air Canada Cargo is innovating and engaging with new technologies, such as artificial intelligence and digital technologies, which are transforming the cargo landscape," said Tim Strauss, vice-president, cargo, at Air Canada.

Please Log in or Create an account to join the conversation.

More
6 months 3 weeks ago #124060 by RonS
RonS created the topic: Drone Delivery Canada TSXV:FLT OTC:TAKOF Software delivery platform for drones
I made some changes to the $$Lounge forum and lost the Drone Delivery topic and posts, so have created a new topic for it. I have asked some regular posters to dig up some past posts to populate the topic again

Drone Delivery has developed numerous drones with different payloads to exploit the delivery market. They have a delivery software and navigation platform to manage drone flights meeting aviation regulations.

They have begun commercialization in Canada and most advanced in northern Canada.

Most important is an agreement with Air Canada Cargo in June 2019 to market Drone Delivery's products.

Please Log in or Create an account to join the conversation.

Time to create page: 0.249 seconds
© 2019 Playstocks.net. All Rights Reserved. Designed By JoomShaper