TORONTO, May 24, 2023
/CNW/ - Drone Delivery Canada Corp. (TSXV: FLT) (OTCQX: TAKOF)
(Frankfurt: A3DP5Y) (Frankfurt:
ABBA.F) (the "Company" or "DDC") is pleased to announce,
further to its press release dated June 2,
2022, that with the assistance of its sales agent Air Canada
(TSX: AC) it has secured a 3-month extension of its award-winning
drone delivery services operation at the Edmonton International Airport ("EIA").
The extension continues the involvement of EIA, Apple Express
Courier Ltd., and Ziing Final Mile Inc., and comes as a result of
the successful collaboration between DDC and all the partners
involved, showcasing the significant potential of drone delivery
services in enhancing logistics and expanding transportation
options in and around an airport environment.
The EIA drone delivery project, which began with the execution
of an agreement with EIA in 2019, won an XCELLENCE Award for
innovation from the Association for Unscrewed Vehicles Systems
International and became commercially operational in May 2022, has been a key focus for DDC as it
looks to expand its drone delivery capabilities in Canada. The project has been successful in
demonstrating the ability of drones to transport cargo and parcels
between the airport and nearby industrial areas, improving
logistics and reducing ground transportation and road congestion as
well as demonstrating the efficiency, safety, and reliability of
DDC's drone delivery platform.
Steve Magirias, CEO of Drone
Delivery Canada, commented: "We are pleased to have secured the
extension of our operations at EIA, which will allow us to continue
to provide innovative and efficient drone delivery services to our
customers. We are also actively working with EIA to develop a next
phase of drone delivery routes which could enable us to further
expand our operations and explore new use cases for drone delivery
within the EIA area."
The next phase of operations is expected to include an expansion
of the drone delivery operations at EIA, including additional
routes and cargo capacity, as well as the integration of new
technologies and operational improvements.
"The positive feedback and support from our customers and
partners have been instrumental in our success, and we are excited
to further demonstrate the tremendous potential of our drone
delivery technology" said Mr. Magirias.
About Drone Delivery Canada
Corp.
Drone Delivery Canada Corp. is an award-winning drone technology
company focused on the design, development, and implementation of
its proprietary logistics software platform, using drones. The
Company's platform is intended to 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 Venture Exchange under the symbol FLT, on the U.S. OTC
QX market under the symbol TAKOF and on the Frankfurt exchange in Germany under the symbol A3DP5Y or ABBA.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/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. Such statements often address
expected future business and financial performance, financial
condition, and other matters, and often contain words or phrases
such as "expect," "may," "can," "believe," "forecast," "estimate,"
"goal," "target," "will," and other similar expressions, and
variations or negatives of these words or phrases. 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, market acceptance, 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. Except as may
be required by applicable securities law, the parties undertake no
obligation to update forward-looking information, whether as a
result of new information, future events or otherwise.
SOURCE Drone Delivery Canada Corp.