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Drone Delivery Canada Corp V.FLT

Alternate Symbol(s):  TAKOF

Drone Delivery Canada Corp. is a Canada-based drone technology company. The Company is focused on the designing, development and implementation of its proprietary logistics software platform, using drones. The Company’s hardware/software platform is used as a managed service and software as a service business model for government and corporate organizations. It is scalable to operational capabilities 24 hours a day, 365 days a year. It provides a complete turnkey logistics solution, which includes a proprietary software system (FLYTE), hardware and professional services, allowing for an autonomous cargo delivery process from depot to depot. It is focused on servicing a range of vertical markets, including remote communities, Indigenous communities, courier services, retail, e-commerce, mining, oil and gas, healthcare and pharmaceuticals, government, military, shore-to-ship, and construction applications in Canada and potentially internationally.


TSXV:FLT - Post by User

Bullboard Posts
Comment by winnersabon May 25, 2020 4:05pm
100 Views
Post# 31070290

RE:It's easier to automate in the sky?

RE:It's easier to automate in the sky?i am not sure what experience you have with AI etc. But to suggest that it is easier to automate in the sky is riduculous. AI learning comes with repetitive events which may not happen with any frequency in airspace. DDC has not had nearly enough experience in the air to make this happen without risk. First mover advantage is not the most important thing especially in tech. The biggest market is when the delivery costs present more value than alternative and at a cost that makes most buyers jump in. The real question is - can this company survive with the burn rate - thats what you are betting on. Further their assocaition with Air Canada, who without a government bail out may be bankrupt. And one last point is, DDC is hardly a first movers. Zipline from SF has been flying with paying customers in Africa for a couple of years - their reasoning was to get money for delivery in a less regulated market. 
Bullboard Posts