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Volatus Aerospace Inc V.FLT

Alternate Symbol(s):  TAKOF

Volatus Aerospace Inc. is a consolidator and integrator of aerial intelligence and logistics solutions. It provides meaningful aerial solutions for end users across various industries using both piloted and remotely piloted aircraft systems. Its services include drone services quote, aerial surveillance, cargo solutions, confined space inspections, drone lidar inspections, drone inspection services, and wildfire services. It provides lidar scanning data acquisition and reality capture services. It integrates the aerial, terrestrial, bathymetric, and subsurface data collection technology and techniques with GIS, 3D, AutoCAD, and lidar software, allowing it to provide intuitive and cost-effective deliverables. Its fleet conducts thorough surveillance operations, ensuring that clients' assets are protected and monitored with precision. It delivers full-scale aerial solutions across a diverse range of industries, including agriculture, construction, energy, public safety, and others.


TSXV:FLT - Post by User

Bullboard Posts
Post by BRE128on Oct 29, 2020 4:32pm
216 Views
Post# 31807627

DRONE DELIVERY CANADA ANNOUNCES UPDATE ON SUCCESSFUL CONDOR

DRONE DELIVERY CANADA ANNOUNCES UPDATE ON SUCCESSFUL CONDOR

TORONTO, ONTARIO – October 29th, 2020 – Drone Delivery Canada Corp. (TSXV: FLT; OTC: TAKOF; Frankfurt:  A2AMGZ or ABB.F) (the “Company” or “DDC”) is pleased to provide an update on the Condor drone from successful testing at the Alma, Quebec Unmanned Aerial System Centre of Excellence.

 

On September 1st, 2020, the Company had announced successful testing of numerous critical aspects of the Condor, including:  triple-redundant communications system (satellite, cellular, 900MHz RF); triple-redundant navigational guidance system; triple-redundant autopilot system; monitoring of unmanned flights remotely from DDC’s Operations Control Centre in Vaughan, Ontario; general flight stability and performance; and fuel consumption characteristics.

 

The Company is pleased to announce that, recently in October, it has successfully tested many of the above aspects again, in addition to numerous other attributes of the Condor: multiple unique flying patterns, multiple velocity vectors and altitude profiles, sound pressure levels, engine tuning characteristics, maintenance procedures, logging of flight data, and extended endurance testing in varying environmental conditions.

 

The Company expects to complete further Condor testing in Q4 2020 in preparation for commercialization. Pursuant to proposed Transport Canada regulations, the Condor would not require a formal aircraft type-certification when operated in specific lower-risk (remote) locations, as is intended.  Commercialization in support of COVID-19 related activities and also remote area deliveries would commence for 2021 projects once DDC has completed testing, expected in Q4 2020. Flight approvals would be requested through Transport Canada following the straightforward and well-established Special Flight Operations Certificate (SFOC) process that DDC has successfully used in the past.  The Company currently has three Condor aircraft, one of which is being prepared for future commercial customer operations.

 

The Condor is currently the Company’s largest drone with an expected range of 200km (124mi) and a payload capacity of 180kg (396lb) and is fully integrated with the Company’s patented FLYTE software system.  The turnkey solution is marketed in a managed service SaaS business model in Canada and as a licensed managed service internationally.

 

“We are very pleased with the ongoing successful testing of our Condor delivery drone.  We continue to make favourable progress with the Robin XL as well.  The Sparrow, Robin XL and Condor all have unique use-case applications based on range and payload capabilities, and we are excited to have the two additional models coming to market. Robin XL & Condor pre-selling efforts are underway and market response has been very favourable in Canada and internationally, and we are working on a number of specific prospective opportunities for both,” said Michael Zahra, President & CEO of DDC.

 

For video of the Condor in flight, please visit:    https://youtu.be/z6alNN-Uaxk

 

About Drone Delivery Canada Corp.


https://dronedeliverycanada.com/resources/drone-delivery-canada-announces-update-on-successful-condor-testing-2/
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