TORONTO, Nov. 29, 2021 /CNW/ - Drone Delivery Canada
Corp. (TSXV: FLT) (OTCQX: TAKOF) (Frankfurt: A2AMGZ)
(Frankfurt: ABB.F) (the "Company" or "DDC") is pleased to announce
that it has received an Ontario Innovation Showcase pitch
competition award in recognition for its disruptive drone delivery
solution and the impact it can have on healthcare, particularly
during a pandemic.
This award comes following a competition that took place on
October 21st, 2021 as part
of the Ontario Innovation Showcase, delivered by Ontario Centre of
Innovation (OCI) and supported by the Ontario Together Fund. The
Company expects to apply the $50K
funding towards further commercial deployment of its innovative
drone delivery solution.
"We are pleased to be recognized as an award-winning innovator
and leader in our industry by the Ontario Together Fund and the
Ontario Centre of Innovation," said Michael
Zahra, President & CEO of DDC. "DDC is pleased with our
continued technology & commercial successes in the evolving
drone delivery industry. I would like to thank our employees and
Board for their work in making DDC a true Canadian success, and to
OCI for their recognition of our innovative solution and the
commercial and societal benefits it can bring."
About the Ontario Centre of Innovation
The Ontario
Centre of Innovation (OCI) maximizes the commercial impact of
research developed in Ontario's
colleges, universities, and research hospitals, and accelerates the
commercialization of Made-in-Ontario technologies. Having a broad and deep
network across industry, academia and government, OCI initiates
unparalleled partnership opportunities, develops and manages
successful industry-academic collaborations, supports
high-potential SMEs in commercializing ground-breaking research,
and provides hands-on training and skills development opportunities
for the next generation of highly-skilled talent.
For more information, please see:
https://www.oc-innovation.ca.
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 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 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
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.