TORONTO, Oct. 29, 2020 /CNW/ - Drone Delivery Canada
Corp. (TSXV: FLT) (OTC: TAKOF) (Frankfurt: A2AMGZ) (Frankfurt:
ABB.F) (the "Company" or "DDC") is pleased to provide
an update on the Condor drone from successful testing at the
Alma, Quebec Unmanned Aerial
System Centre of Excellence.
On September 1st, 2020,
the Company had announced successful testing of 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 is pleased to announce that, recently in October, it
has successfully tested many of the above aspects again, in
addition to numerous other attributes of the Condor: multiple
unique flying patterns, multiple velocity vectors and altitude
profiles, sound pressure levels, engine tuning characteristics,
maintenance procedures, logging of flight data, and extended
endurance testing in varying environmental conditions.
The Company expects to complete further Condor testing in Q4
2020 in preparation for commercialization. Pursuant to proposed
Transport Canada regulations, the Condor would not require a formal
aircraft type-certification when operated in specific lower-risk
(remote) locations, as is intended. Commercialization in
support of COVID-19 related activities and also remote area
deliveries would commence for 2021 projects once DDC has completed
testing, expected in Q4 2020. Flight approvals would be requested
through Transport Canada following the straightforward and
well-established Special Flight Operations Certificate (SFOC)
process that DDC has successfully used in the past. The
Company currently has three Condor aircraft, one of which is being
prepared for future commercial customer operations.
The Condor is currently the Company's largest drone with an
expected range of 200km (124mi) and a payload capacity of 180kg
(396lb) and is fully integrated with the Company's patented FLYTE
software system. The turnkey 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 of our
Condor delivery drone. We continue to make favourable
progress with the Robin XL as well. The Sparrow, Robin XL and
Condor all have unique use-case applications based on range and
payload capabilities, and we are excited to have the two additional
models coming to market. Robin XL & Condor pre-selling efforts
are underway and market response has been very favourable in
Canada and internationally, and we
are working on a number of specific prospective opportunities for
both," said Michael Zahra, President
& CEO of DDC.
For video of the Condor in flight, please
visit: https://youtu.be/z6alNN-Uaxk
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