Volatus Aerospace Inc (FLT)

[happyglass]

Drone Delivery Canada Announces Letter of Intent with Overseas Express Consolidators Inc.
December 10 2020 - 07:30AM
PR Newswire (Canada)
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TORONTO, Dec. 10, 2020 /CNW/ - Drone Delivery Canada Corp. (TSXV: FLT) (OTC: TAKOF) (Frankfurt: A2AMGZ) (Frankfurt: ABB.F) (the "Company" or "DDC") is pleased to announce that, with the assistance of its sales agent Air Canada (TSX: AC), it has executed a non-binding Letter of Intent ("LOI"), effective December 9th, 2020, with Overseas Express Consolidators Inc. ("OEC").

Drone Delivery Canada's Condor Drone with OEC's logo (CNW Group/Drone Delivery Canada)

Under the terms of the LOI, the parties are cooperating to work towards a binding definitive agreement (the "Agreement"). The Agreement will set out the terms and conditions respecting the Company's drone delivery solution using DDC's Sparrow, Robin XL and Condor drones and the Company's patented and proprietary FLYTE system, in a Software as a Service (SaaS) model. DDC will provide implementation & commissioning of the systems, training, technical support, ongoing managed services and remote monitoring from its Operations Control Centre in Vaughan, Ontario. Anticipated projects on which the parties are focusing are routes for: First Nations communities across Canada, Canadian ports including shore-to-ship applications, and transactional routes connecting various airports in Canada, with potential subsequent expansion to other applications. All operations will be conducted in accordance with the Canadian Aviation Regulations and Transport Canada flight authorizations.

"OEC was the main funder of our currently operating GlobalMedic / Beausoleil First Nation project and we are pleased that they see the value of drone logistics and they are now looking for subsequent projects with DDC. Market response to our solution has been very favourable in Canada and internationally, and we are pleased with our ongoing momentum. OEC's vision for a very broad range of drone delivery applications fits perfectly with the wide-ranging capabilities and use cases that the DDC solution can deliver," said Michael Zahra, President & CEO of Drone Delivery Canada.

"The OEC Group continues to explore opportunities to expand drone capabilities to help essential goods reach remote and challenging destinations. Our initiative with the Beausoleil First Nation can be replicated to other remote communities across northern Canada. We also envision other exciting drone applications such as shore to ship and offshore facilities that require emergency tools or medical supplies. Drone technology is ideal to accelerate the transfer of goods in these scenarios. We are just scratching the surface of drone technology and how it will enhance our daily tasks. The future is exciting," said Landon Bibeau, Chief Marketing Officer, OEC Inc.

About Overseas Express Consolidators Inc.
Founded in 1984, the OEC Group expanded throughout Canada and emerged as a global logistics provider in over 260 locations throughout Asia, the Indian sub-continent, Europe, the Middle East, Russia, Central and South America, Africa and Australia. Its highly-skilled professionals arrange the most complex air and ocean shipments, door deliveries, custom clearance, insurance, IT solutions, consulting, warehousing, and distribution services. Using best-in-class carriers, it seeks to accommodate any request, from a local delivery to major logistical projects throughout the world.

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

[deepdj011]

Air Canada buy Drone Delivery ?

[Copperton9]

Let’s see if we can close at .97 today. Great opportunity here.

[Copperton9]

Volume has been going up. Great news

[deepdj011]

In Germany ....


https://www.onvista.de/news/irw-news-drone-delivery-canada-corp-drone-delivery-canada-meldet-geschaeftsvereinbarung-mit-globalmedic-fuer-ein-covid-19-projekt-mit-first-nations-gemeinde-366030515

[deepdj011]

https://dronelife.com/2020/05/28/medical-drone-delivery-in-the-u-s-zipline-gets-started-in-north-carolina/

[happyglass]

Hi there, just bought some here, nice way to diversify out of the pot space.

[Alwaysbmikki]

SALUTE

[Alwaysbmikki]

Start our climb up with new contracts signed every month or more. GLTA or me I guess LOL

[Alwaysbmikki]

Trading halted !eom

[Alwaysbmikki]

Drone Delivery Canada Announces Commercial Agreement with Edmonton International Airport
https://dronedeliverycanada.com/resources/drone-delivery-canada-announces-commercial-agreement-with-edmonton-international-airport/

[Alwaysbmikki]

Wow she just took off 3 wide down the stretch.

[Alwaysbmikki]

News and Announcements from Drone Delivery Canada.



Drone Delivery Canada Announces Commercial Agreement with DSV Air & Sea





TORONTO, ONTARIO – October 23, 2019 – Drone Delivery Canada Corp. (TSXV: FLT, OTC: TAKOF) (the “Company” or “DDC”) is pleased to announce that with the assistance of its sales agent Air Canada (TSX: AC), it has entered into a commercial agreement dated October 22, 2019 (the “Agreement”) with DSV Air & Sea Inc. Canada (“DSV”), the Canadian arm of the global transport and logistics company DSV Panalpina A/S, to deploy DDC’s drone delivery platform for the use of DSV commencing at its new head office and warehouse in Milton, Ontario.



Read Full Press Release


Visit our Website https://dronedeliverycanada.com/













STAY CONNECTED

[Alwaysbmikki]

Down big w volume but no news, what gives??

[Alwaysbmikki]

Should be some news coming no?

[Alwaysbmikki]

DDC explained in under 2 mins

[Alwaysbmikki]

Drone Delivery Canada Announces Commercial Agreement with Vision Profile
https://finance.yahoo.com/news/drone-delivery-canada-announces-commercial-114500168.html

[Alwaysbmikki]

Nice start to the day!!

[Alwaysbmikki]

Drone Delivery Canada Opens New Commercial Operations Center
https://dronedeliverycanada.com/resources/drone-delivery-canada-opens-new-commercial-operations-center/

[Alwaysbmikki]

Investors: Is it Time to Go Bottom Fishing With These 2 Tech Stocks?
https://www.fool.ca/2019/08/21/investors-is-it-time-to-go-bottom-fishing-with-these-2-tech-stocks/?utm_campaign=cityfalcon&utm_medium=cityfalcon&utm_source=cityfalcon

[Alwaysbmikki]

Yes, and nice move today!

[Alwaysbmikki]

Nice way to end the week. Answer is : Jim Williams

Williams has over 30 years of experience in the aerospace sector. During his 15 years as an executive at the FAA, he held positions such as director of systems engineering, leader of the integrated product team for ATC communications, and, importantly, executive lead for all FAA UAS integration activities. Prior to joining the FAA, Williams was a flight test engineer and a production liaison engineer for the Lockheed Georgia Co.’s C5, C-141 and C-130 programs.

He also worked for NASA in mission control during the initial flights of the U.S. Space Shuttle.

[Alwaysbmikki]

https://www.bloomberg.com/press-releases/2017-10-05/drone-delivery-canada-corp-announces-15-million-bought-deal-financing

[Alwaysbmikki]

We need a green day ! eom

[Alwaysbmikki]

[Alwaysbmikki]

https://www.fool.ca/2019/06/21/hyper-growth-stock-drone-delivery-canada-tsxvflt/

[Alwaysbmikki]

Nice run so far today. eom

[Alwaysbmikki]

Our target price is
$4.00 based on 10x 202
2
EV/Sales of
$99.4mm, discounted to PV at 10%
.
We continue to see DDC as a leading
technology innovator in commercial drone delivery and
believe long
-
term
investors with a tolerance for start
-
up risk will be well rewarded.
BUY
.
https://www.docdroid.net/vffv8VU/drone-delivery-canada-corporation-gmp-securities.pdf

[Alwaysbmikki]

[Alwaysbmikki]

Up on volume too!!

[Alwaysbmikki]

Wow looking good this morning!!!

[Alwaysbmikki]

Toronto, ON, July 17, 2019, Drone Delivery Canada ‘DDC or the Company’ (TSX.V:FLT, OTC – NASDAQ INTL:TAKOF Drone Delivery Canada Awarded Its First US Patent For Its Proprietary Drone Delivery Technology

https://dronedeliverycanada.com/resources/drone-delivery-canada-awarded-its-first-us-patent-for-its-proprietary-drone-delivery-technology/

[Alwaysbmikki]

Looks like a buy. eom

[GoldnBoy]

This recent video gives a good overview about them.

[TRUSTUNITS1000000]

Just guessing, do they send packages by air in the sky

[TRUSTUNITS1000000]

Looked At the fs is, have lots of cash

[TRUSTUNITS1000000]

Came across this company by mistake, interesting

[GoldnBoy]

Drone Deliver covered with Amazon Prime Air and Google Wing
https://www.playstocks.net/images/sampledata/Member2019/Apr1-AMZN-FLT.pdf

[exodus1]

News Out - Now on TSXV.

Drone Delivery Canada has now commenced trading on the TSX-V - http://www.dronedeliverycanada.com/news/press-releases/drone-delivery-canada-to-commence-trading-on-the-tsx-venture-exchange/

[AdrianBosko]

CBC Coverage of Drone Delivery Canada and their successful testing:

http://www.cbc.ca/beta/news/canada/sudbury/drone-deliver-service-testing-1.4408126

[AdrianBosko]

Solid fundamentals, great management team. This stock should see $1.50-$2 by April of 2018.

[exodus1]

Check out Drone Delivery Canada's video of how their drone logistics platform works for rural / remote Canada.

VIDEO LINK

[Ignition]

Drone Delivery Canada and Staples Team Up For Drone Delivery Development, Implementation and Commercialization

Read PRESS RELEASE

[Ignition]

Drone Delivery Canada - Depot to Depot logistics solution explained VIDEO

[SmartStock55]

I've been following this company for a while now, amazing at what they've been able to accomplished in such a short amount of time. Brilliant idea, this will definitely be the way of the future!!!

[Ignition]

Drone Delivery Canada Advances Toward Compliant Operator Certificate at the First Transport Canada Approved Drone Test Range


* DDC expands its current testing to include Transport Canada’s first approved drone test range in Foremost, AB

* DDC progressing on its Compliant Operator Certification status to operate commercially Beyond Visual Line of Sight (BVLOS)

* As testing advances, DDC is actively progressing on further agreements with additional customers as demand remains very strong


TORONTO, Jan. 10, 2017 – Drone Delivery Canada ‘DDC or the Company’ (CSE:FLT), is pleased to announce it has formalized an agreement to expand its testing from the Waterloo region to now include a second province, namely, Foremost Alberta – Canada’s first Transport Canada approved drone UAV test range in Canada. In Foremost, AB, DDC will be focusing on Beyond Visual Line of Sight (BVLOS) capabilities in an effort to move towards commercialization in late 2017/early 2018.

READ full Press Release - News Release