TORONTO, Sept. 1, 2020 /CNW/ - Drone Delivery Canada
Corp. (TSXV: FLT) (OTC: TAKOF) (Frankfurt: A2AMGZ or ABB.F)
(the "Company" or "DDC") is pleased to provide an
update on the Condor drone from successful testing in Foremost, Alberta, Canada.
The Company successfully tested numerous critical aspects of the
Condor, including: triple-redundant communications system
(satellite, cellular, 900MHz RF); triple-redundant navigational
guidance system; triple-redundant autopilot system; monitoring of
unmanned flights remotely from DDC's Operations Control Centre in
Vaughan, Ontario; general flight
stability and performance; and fuel consumption
characteristics.
The Company expects to complete further Condor testing in Q4
2020 in preparation for commercialization. A Condor unit is
also being prepared for future commercial customer
operations. The Company currently has three Condor units.
The Condor is currently the Company's largest drone with an
expected range of 200km and payload capacity of 180kg and is fully
integrated with the Company's patented FLYTE software system.
The solution is marketed in a managed service SaaS business
model in Canada and as a licensed
managed service internationally.
"We are very pleased with the ongoing successful testing results
of the Condor. By the end of 2020 we also expect to have
testing on the Robin XL completed. The Sparrow, Robin XL and
Condor all have unique use-case applications based on range and
payload capabilities, and we are excited to have all three coming
to market. Pre-selling efforts are underway and market response has
been very favourable in Canada and
internationally. We continue to be a leader in the industry
with our advanced, proven solution," said Michael Zahra, President & CEO of DDC.
The Company plans to release further videos of the Condor
shortly. For a Condor teaser trailer video, please
visit: https://youtu.be/TTHJu81_f0k
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 in Germany under the symbol A2AMGZ or ABB.F .
Read more about the Company at:
www.DroneDeliveryCanada.com or on DDC's social media:
https://www.linkedin.com/company/drone-delivery-canada
https://www.youtube.com/dronedeliverycanada
https://www.facebook.com/dronedeliverycanada
https://www.instagram.com/dronedeliverycanada
https://twitter.com/DroneDeliveryCa
Neither the TSX Venture Exchange nor its Regulation Services
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