TORONTO, June 22, 2020 /CNW/ - Drone Delivery Canada
Corp. (TSXV: FLT) (OTC: TAKOF) (Frankfurt: A2AMGZ)
(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 entered into a commercial agreement dated
June 22, 2020 (the
"Agreement") with DSV Air & Sea Inc. Canada ("DSV"), the Canadian arm of the
global transport and logistics company DSV Panalpina A/S, to deploy
DDC's drone delivery platform, with the intent for DSV to deliver
healthcare related cargo from DSV's warehouse in Milton, Ontario to DSV customers locally.
Pursuant to the terms of the Agreement, DDC will deploy its
Sparrow cargo drone, with the cargo drop capability previously
announced June 10, 2020. The term of
the Agreement is three months, full payment will be made upfront by
DSV.
At the destination, the Sparrow will hover at a lowered
altitude, drop untethered cargo in a designated area shared by
multiple DSV transactional customers, then return to DSV's
DroneSpot. The route is approximately 3.5km. Flights will be
remotely monitored by DDC from its Operations Control Centre
located in Vaughan, Ontario. DDC
will commence implementation of the solution in Q3 2020 and expects
to begin providing drone delivery services under the Agreement in
the same quarter, with the potential of more additional routes
being added in 2020. All operations will be conducted in accordance
with the Canadian Aviation Regulations and Transport Canada flight
authorizations.
"We are currently flying hundreds of successful flights per
month at DSV for their first route, and we are pleased to announce
a second paid route with DSV. DSV is a global leader in the
logistics space and a perfect fit as a scalable customer for us,"
said Michael Zahra, President &
CEO of DDC. "DSV will use our proven Sparrow drone with the new
cargo drop functionality, patented FLYTE™ system, and
commercial operations centre. It's very fulfilling to DDC to
provide DSV a solution to help deliver important healthcare related
cargo given the current situation."
"During this critical time, we have helped many of our clients
find new ways of delivering cargo. In order to keep goods flowing
through the supply chain, innovative solutions are key to embrace.
Drone delivery provides an answer to many of the challenges we've
seen during the current situation," says Martin Roos, Managing Director of DSV Air &
Sea Canada. "Our partnership with DDC and Air Canada Cargo provides
the opportunity to fulfill our clients' needs, ensuring time
sensitive, critical cargo can be delivered locally with accuracy,
efficiency and minimal person-to-person contact. We are excited to
optimize our clients' supply chains and are now exploring the true
potential of drone innovation."
About DSV
DSV – Global Transport and Logistics
provides and manages supply chain solutions for thousands of
companies every day – from the small family run business to the
large global corporation. Our reach is global, yet our presence is
local and close to our customers. 60,000 employees in more than 80
countries work passionately to deliver great customer experiences
and high-quality services. Read more at: www.ca.dsv.com.
About Drone Delivery Canada Corp.
Drone Delivery
Canada Corp. 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 a Software as a Service (SaaS) model for government and
corporate organizations globally.
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 under the symbol TAKOF, and on the Frankfurt exchange under the symbol A2AMGZ or
ABB.F.
Read more at: www.DroneDeliveryCanada.com or on DDC's social
media:
https://www.linkedin.com/company/drone-delivery-canada/
https://www.youtube.com/channel/UCc_3XCRUn8lJlnPQDk3z6mQ
https://www.facebook.com/dronedeliverycanada/
https://www.instagram.com/dronedeliverycanada/
https://twitter.com/DroneDeliveryCa
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Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
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.
SOURCE Drone Delivery Canada