Press Release
Toronto, ON, September 5, 2019, Drone Delivery Canada ‘DDC or the Company’ (TSX.V:FLT, OTC – NASDAQ INTL:TAKOF), is pleased to announce completion of DDC’s new commercial operations center, the first of its kind globally, located in Vaughan, Ontario which is now open and ready for operations.
The state-of-the-art operations center is a 16,000 square foot facility and when at full capacity will be capable of managing 1,500 drones on behalf of commercial paying customers globally. With the operations center complete, in partnership with Air Canada, DDC anticipates announcing its first paying customer, a large multi-national corporation, imminently.
“Our operations center is the first of its kind globally and will be scalable to 1,500 drones and routes” commented Michael Zahra, President and CEO of DDC. “On average, we anticipate charging customers a licensing fee of $10,000 per drone, per route, per month. With the high level of technical automation we have achieved with our drones, our patented FLYTE system and the operations center, we will lower operating costs, resulting in a high-margin business with predictable monthly re-occurring revenue.”
About Drone Delivery Canada
Drone Delivery Canada 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 with Nasdaq International Designation under the symbol TAKOF and on the Frankfurt exchange in Germany under the symbol A2AMGZ.
For further information, please contact:
Richard Buzbuzian, Capital Markets
Telephone: (647) 501-3290
Email: richard@dronedeliverycanada.com
Bill Mitoulas, Investor Relations
Telephone: (416) 837-7147
Email: billm@dronedeliverycanada.com
IBF4
![]()