Drone Delivery Canada Corp V.FLT

Alternate Symbol(s): TAKOF

Industrials Aerospace & Defense

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.

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Drone Delivery Canada Corp > Moosecree update anyone ?

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Comment by GreekTitanon Jul 29, 2020 11:11am

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Post# 31337156

RE:RE:RE:RE:Moosecree update anyone ?

Chitterchatter wrote:

thepharcyde wrote: 2.5m is obviously more then just a sparrow route. Perhaps a Condor route and aed emergency response station? My guess is it wont have final approval until the Condor is confirmed.

2.5 million dollar deal over a year, doesn't specify how many sparrows will be utilized, but as per DDC NR it specifically says using DDC's sparrow aircraft, capable of a 5kg payload.

no mention of this deal stated waiting for the condor or the potential of 400lb deliveries part of this 2.5 million dollar/year agreement.

i believe this would be the total cost for setting up the depots for the drones as it has to service moose factory and moosonee.

this agreement was signed in December of 2018 and expected to be operational Q2 2019.

this milestone is very very behind and the condor shouldn't be used as an excuse as it was never part of the agreement.

investors should be updated on this, especially with how much funding has been secured to date and how much more to go.