TORONTO, Feb. 11, 2019 /CNW/ - Drone Delivery Canada
'DDC or the Company' (TSX.V:FLT, OTC:TAKOF), is pleased to
announce it will unveil DDC's largest payload cargo delivery drone.
With 180 kgs of capacity, 'The Condor' will be displayed at media,
public and investor launch events at the TMX Broadcast Centre
Gallery (located on the ground floor of 130 King St. West, Toronto,
Ontario) on February 19,
2019.
The Condor has been in development for the past year and is the
next generation in DDC's drone delivery cargo aircraft. With a
payload capacity of 180 kgs, and a potential travel distance of up
to 200 km, the Condor pushes the limits in both cargo capacity and
distances. The Condor is powered by a next generation gas
propulsion engine.
"We are very excited to unveil the Condor to the public",
commented Tony Di Benedetto, CEO of
Drone Delivery Canada. "The global application for the Condor
is virtually limitless. As such, the Condor is a big part of the
future of DDC's commercial operations. Having the ability to move
heavy cargo long distances is a significant milestone for us that
opens up many potential commercial opportunities in both Canadian
as well as international markets."
The Condor, which has a wing span of approximately 20ft., and is
capable of vertical take off and landing, is equipped with DDC's
proprietary FLYTE management system which is the same platform
utilized in all of DDC's cargo delivery drones. This is also the
same management system that was utilized in the fall of 2018,
during our operations in Moosonee and Moose Factory, Ontario in support of Transport
Canada's Beyond Visual Line-of-Sight (BVLOS) pilot project.
"Our FLYTE system is Drone agnostic, meaning we can embed our
technology into any airframe. In this instance, we have embedded
our drone delivery technology into the Condor, providing
flexibility and cost savings." commented Paul Di Benedetto, CTO of Drone Delivery Canada.
DDC will be working closely with Transport Canada to secure the
necessary approvals to begin flight testing the Condor in Q3 of
2019.
The February 19th
events at TMX for the media, general public and investors
include:
- News Conference (for accredited media only): 11 am – 12:30 pm
ET
- Open House (for the public and retail investors): 1 pm to 3:30 pm ET
- Institutional Investor Presentation: 4:30 to 6:30 pm ET
Investors and the public, please RSVP in advance
to:
condorlaunch@dronedeliverycanada.com.
The media please RSVP in advance to:
Colleen Finnegan, Finnegan Communications,
colleen@finneganpr.ca, (416) 618-4605
For more information, please visit
www.dronedeliverycanada.com
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 under the symbol TAKOF and on the Frankfurt exchange in Germany under the symbol A2AMGZ.
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SOURCE Drone Delivery Canada