TORONTO, July 17, 2019 /CNW/ - Drone Delivery Canada
'DDC or the Company' (TSX.V:FLT, OTC – NASDAQ INTL:TAKOF),is
pleased to announce on July 16, 2019,
the United States Patent Office granted DDC Patent #: 10,351,239
which covers DDC's proprietary FLYTE management software
system along with its drone delivery technology and processes.
The patent is directed to aspects of DDC's proprietary FLYTE
management which is a core component of DDC's drone delivery
platform.
Additionally, the patent is also directed to DDC's 'RAILWAY IN
THE SKY' concept that is intended to simplify routing and control
of delivery drones particularly in crowded urban areas. The system
provides a database for a flight route network that includes a
number of route sections that can be selected to provide a desired
routing.
"This is our first United States Patent Office grant, which
provides strong protection for our flight management system and our
'Railway in the Sky' concept. This patent win again demonstrates
our industry lead in this very disruptive industry" commented
Paul Di Benedetto, Chief Technology
Officer of Drone Delivery Canada. "On behalf of the Company I would
like to thank all of our dedicated staff who were integral in this
accomplishment."
DDC is currently seeking patent protection for other aspects of
its technology in US and other countries
About Drone Delivery Canada
Drone Delivery Canada is a drone technology company focused on
the design, development and implementation of its proprietary
logistics software platform, using drones. The Company's platform
will be used as Software as a Service (SaaS) for government and
corporate organizations.
Drone Delivery Canada Corp. is a publicly listed company trading
on the TSX.V Exchange under the symbol FLT, on the U.S. OTC Q B
market with Nasdaq International Designation under the symbol TAKOF
and on the Frankfurt exchange in
Germany under the symbol
A2AMGZ.
Notice Regarding Forward Looking Information
Certain information set forth in this news release may contain
forward-looking information that involves substantial known and
unknown risks and uncertainties. This forward-looking information
is subject to numerous risks and uncertainties, certain of which
are beyond the control of the Company, including, but not limited
to, the impact of general economic conditions, industry conditions,
and dependence upon regulatory approvals (both in Canada and internationally). Readers are
cautioned that the assumptions used in the preparation of such
information, although considered reasonable at the time of
preparation, may prove to be imprecise and, as such, undue reliance
should not be placed on forward looking information. The parties
undertake no obligation to update forward-looking information
except as otherwise may be required by applicable securities
law.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
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this release.
SOURCE Drone Delivery Canada