TORONTO, June 24, 2021 /CNW/ - 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 June 23, 2021 (the
"Agreement") with DSV Air & Sea Inc. Canada ("DSV"), to renew & extend
the internal Sparrow drone route project for the use of DSV at its
head office and logistics facility in Milton, Ontario.
Pursuant to the terms of the Agreement, DDC will continue
operations with its Sparrow drone, existing in-place DroneSpot®
depots and related infrastructure, and will upgrade the project to
the Robin XL when commercially available, expected in
2021. This is expected to be DDC's first Robin XL
project. The Agreement has an indefinite term and provides
for a monthly fee for professional services by DDC.
All operations will be conducted in accordance with the Canadian
Aviation Regulations and Transport Canada flight authorizations.
Flights will be remotely monitored by DDC from its commercial
operations centre located in Vaughan, Ontario.
"We are pleased to announce the renewal and expansion of our
partnership with DSV Canada. DSV is a global leader in
logistics and is a perfect fit as a scalable customer for us," said
Michael Zahra, President & CEO
of DDC. "This is expected to be our first Robin XL
project. We anticipate transporting a variety of cargo
including time sensitive, and dangerous goods, thus further
advancing the drone delivery industry in Canada. We continue
to work with DSV to identify new additional routes for our drone
delivery solution."
"DSV Canada is dedicated to delivering innovative and integrated
supply chain solutions," said Martin
Roos, Managing Director of DSV Air & Sea Inc.
Canada. "With a global view in mind, our focus is on
continuously optimizing our local partners' supply chains.
That means, a long-term vision that opens up new markets and
service offerings. Our strong partnership with Air Canada
Cargo and DDC will offer our current and potential clients
best-in-class solutions and service excellence that explores the
potential of drone innovation. We have looked to overcome
some of today's challenges by investing in tomorrow's
opportunities, and look forward to next steps."
About DSV
DSV – Global Transport and Logistics
provides and manages supply chain solutions for thousands of
companies every day – from the small family run business to the
large global corporation.
Our reach is global, yet our presence is local and close to our
customers. 56,000 employees in more than 80 countries work
passionately to deliver great customer experiences and high-quality
services. Read more at: www.ca.dsv.com
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 used in 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 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
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 Corp.