TORONTO, Oct. 15, 2020 /CNW/ - Drone Delivery Canada Corp.
(TSXV: FLT) (OTC: TAKOF) (Frankfurt: A2AMGZ or ABB.F) (the "Company" or
"DDC") is pleased to announce that it has been invited to
participate in a research endeavour with the University of Toronto Institute of Aerospace
Studies ("UTIAS") and Ford Motor Company ("Ford").
Under the terms of the agreement, the parties shall cooperate
and work jointly towards testing an automated drone as it tracks
and lands on a moving ground vehicle within the flight arena.
"As a clear leader in the drone logistics industry globally, we
are pleased to be working with world-class organizations such as
UTIAS and Ford to advance our technology and applications for drone
delivery. We continue to move the industry forward and these
advances can create further commercial use cases for drone
delivery. We have a proud history of R&D which has resulted in
unique and patented intellectual property and the successful
commercialization of our advanced logistics solution," said
Michael Zahra, President & CEO
of DDC.
"This work could greatly expand the applications quadrotor
drones are useful for. The more advanced they become, the better
they will be at inspecting infrastructure, search and rescue in
remote environments, tracking moving objects for security, and
delivering light-weight packages. We want to execute repeated
landings on the moving vehicle, maintaining the relative position
accuracy to within 10 centimeters, even as the speed of the target
vehicle increases," said Associate Professor Steven Waslander, University of Toronto Institute of Aerospace
Studies.
"Foundational research infrastructure, coupled with world-class
researchers, leads to groundbreaking discoveries," said Ramin
Farnood, U of T Engineering's Vice-Dean of Research. "With the
support of the Canada Foundation for Innovation, our U of T
Engineering researchers can continue to be leaders in their field
and make positive, vital contributions to our society and the
economy."
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
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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