Drone Delivery Canada announces extension of commercial agreement with DSV Canada
Under the terms of the agreement, DDC will continue operations with its Sparrow drone, existing DroneSpot® depots and related infrastructure, and will upgrade the project to the Robin XL when it becomes commercially available, expected in 2021. This should be DDC’s first Robin XL project. The agreement is for an indefinite period and includes monthly fees for professional services provided by DDC.
All operations will be conducted in accordance with Canadian Aviation Regulations and Transport Canada flight authorizations. Flights will be monitored remotely by DDC from its commercial operations center located at Vaughan, Ontario.
“We are pleased to announce the renewal and expansion of our partnership with DSV Canada. DSV is a global logistics leader and is a great fit for us as a growing customer, ”said Michael zahra, President and CEO of DDC. “This should be our first Robin XL project. We plan to transport a variety of cargo, including time sensitive and dangerous goods, advancing the drone delivery industry in Canada. We continue to work with DSV to identify additional new routes for our drone delivery solution. “
“DSV Canada is dedicated to providing innovative and integrated supply chain solutions,” said Martin roos, Managing Director of DSV Air & Sea Inc. Canada. “With a global vision in mind, we are focused on continuously optimizing the supply chains of our local partners. This means a long-term vision that opens up new markets and new service offerings. Our strong partnership with Air Canada Cargo and DDC will provide our solutions and service excellence for our current and potential customers who are exploring the potential of drone innovation. We have sought to overcome some of the challenges of today by investing in the opportunities of tomorrow, and we look forward to the next steps. “
DSV – Global Transport and Logistics provides and manages supply chain solutions for thousands of businesses every day, from small family businesses to large global corporations.
Our reach is global, but our presence is local and close to our customers. 56,000 employees in more than 80 countries work with passion to provide exceptional customer experiences and high quality service. Read more on: www.ca.dsv.com
About Drone Delivery Canada Corp.
Drone Delivery Canada Corp. is an award-winning ISO 9001 certified drone technology company focused on the design, development and implementation of its proprietary logistics software platform, using drones. The company’s platform is used in a Software as a Service (SaaS) model for governments and businesses around the world.
Drone Delivery Canada Corp. is a company listed on the TSX.V stock exchange under the symbol FLT, on the US OTC QX market under the symbol TAKOF and on the Frankfurt exchange in Germany under the symbol A2AMGZ or ABB.F.
Read more on: www.DroneDeliveryCanada.com or on DDC social networks:
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Notice regarding forward-looking information
Certain information contained in this press 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, some of which are beyond the control of the Company, including, but not limited to, the impact of general economic conditions, industry conditions and dependence with respect to regulatory approvals (both in Canada and internationally). Readers are cautioned that the assumptions used in the preparation of this information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, one should not place undue reliance on forward-looking information. The parties do not undertake to update forward-looking information, except as may be otherwise required by applicable securities legislation.
SOURCE Drone Delivery Canada Corp.
For further information: Investor Relations: Mr. Michael Zahra, President and CEO, and Mr. Bill Mitoulas, Telephone: (416) 479-9547, Email: [email protected]; Media Relations: Mr. Nelson Hudes, Hudes Communications International, Phone: (905) 660-9155, Email: [email protected]