TORONTO, Dec. 12,
2022 /CNW/ - Drone Delivery Canada Corp. (TSXV: FLT)
(OTC: TAKOF) (Frankfurt: A2AMG)
(Frankfurt: ABB.F) (the "Company" or "DDC") is
pleased to provide an update on the successful flight testing of
its Condor drone, the largest drone in the Company's fleet. The
Condor is a two-stroke gasoline-powered helicopter drone with a
maximum payload of 180 kg, a range of 200 km, and a maximum
take-off weight of 476 kg.
To date, the Company has successfully tested a number of
systems, avionics, and components including testing related to
cold-weather performance, functional testing, wind performance,
cargo-area temperature profiles, long-duration flight testing,
aircraft attitude, position controller tuning, autonomy, and
autonomous waypoint navigation. Further to its press release dated
September 13, 2022, the Company has
completed an avionics and flight controls upgrade for the Condor,
which the Company believes will (i) provide improvements in robust
communication protocols, (ii) mitigate electrical interference, and
(iii) improve manufacturability. DDC has also subcontracted some of
the engineering and development work to further accelerate the
Condor's development. The Company also completed the upgrade of the
Condor's engine control unit and other mechanical systems along
with ground testing of these systems, which was previously
identified during the first quarter of 2022. Test flights have
recommenced at the company's Commercialization Centre test
range facility.
"We are extremely pleased with the recent acceleration of the
development and testing of our Condor drone, the largest drone in
our fleet with the highest payload and distance capabilities, which
has the potential to unlock far more use cases and commercial
opportunities. We look forward to continued progress and the
eventual commercialization of the Condor." said Steve Magirias, CEO of DDC.
About Drone Delivery Canada Corp.
Drone Delivery
Canada Corp. is an ISO 9001 certified, 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 TSXVenture 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 A2AMGZ or ABB.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
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Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Notice Regarding Forward Looking Information
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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
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result of new information, future events or otherwise.
SOURCE Drone Delivery Canada Corp.