TORONTO, Sept. 28,
2022 /CNW/ - Drone Delivery Canada Corp. (TSXV: FLT)
(OTC: TAKOF) (Frankfurt: A2AMGZ)
or (Frankfurt: ABB.F) (the "Company" or "DDC") is
pleased to provide an update on the successful parachute testing
and development of the innovative Canary drone.
Further to its press release on January
25th, 2022, the testing of the Canary continues
to progress on schedule with full autonomous missions and expanded
flight envelope including the parachute validation testing.
DDC's Canary drone successfully passed the parachute safety
system air-deployment test as well as the automated motor safety
shut-off. Moreover, the team pushed the Canary up to 5,900ft ASL
with full payload of 4.5kg to validate performance including the
demonstration of its stability, fidelity and reliability.
Additionally, the team tested the drone for cold and hot weathers
forcing it to perform at -35 degrees Celsius and +50 degrees
Celsius. Finally, the team flew the drone at a maximum range of
21km to ensure the validity of the drone's range and payload
capabilities. DDC's engineers have a drop test program to conduct
and the completion of the parachute flight test program, following
which DDC will submit its declaration to Transport Canada that will
enable the Canary to fly over people.
"The team has made incredible progress with the flight test
program and validation to bring to market a drone to enable flights
over people. A drone like the Canary, with a weight-class of under
55lbs (25kg), will bring new opportunities and use cases for the
healthcare sector as well as the retail environment (i.e.,
residential deliveries at scale). Being able to address these
vertical markets with our award-winning solution is part of our
strategic roadmap and is expected to open underserved markets,"
said Steve Magirias, CEO of
DDC.
As part of the solution's ecosystem, the Company anticipates
demand from existing customers to implement the Canary on new
routes to optimize operations and augment serviceability.
Furthermore, the Company is also working towards the further
development of detect-and-avoid (DAA) systems, which are intended
to facilitate BVLOS operations, reduce operational costs and
provide a robust solution to meet the demands of all our
prospective customers.
To view the January
25th, 2022 release:
dronedeliverycanada.com/press-releases/update-on-new-canary-drone-testing/
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
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. 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.