- Volatus Aerospace Corp. (TSXV:VOL) has started its collaboration with Drone Delivery Canada Corp. (TSXV:FLT) to commercialize its Aerieport drone nesting station jointly with Drone Delivery Canada’s remote operations centre
- The centre will facilitate drone operations designed to meet the needs of their clients
- The team expects to boost equipment sales and introduce recurring service revenue from managed services out of the remote operations centre
- Volatus Aerospace Corp. opened trading at $0.23 per share and Drone Delivery Canada Corp. opened trading at $0.21per share
Two Canadian drone stocks flew more than 2 per cent higher early Wednesday on news of their collaboration.
Volatus Aerospace Corp. (TSXV:VOL) has started its collaboration with Drone Delivery Canada Corp. (TSXV:FLT) to commercialize its Aerieport drone nesting station jointly with Drone Delivery Canada’s remote operations centre.
The Aerieport will be operating out of Drone Delivery Canada’s remote test site to train a remote operations centre team.
The centre will facilitate drone operations designed to meet the needs of their clients. The team expects to boost equipment sales and introduce recurring service revenue from managed services out of the remote operations centre.
The Aerieport is said to be fully weatherproof with an integrated optical detect-and-avoid system. It is equipped with a 4-sim, 5G modem with satcom option for independent communications.
“This is just one of many key revenue generating initiatives we have underway with Volatus Aerospace,” Drone Delivery Canada’s CEO, Steve Magiria said in a news release. “We are mutually focused on capturing market share, bringing new technologies to the market, commercializing our solutions and bringing it all to numerous customers across various geographies and verticals.”
Based in Vaughan, Ontario, Drone Delivery Canada designs, develops and implements its proprietary logistics software platform, using drones. Its hardware and software platform is used as a managed service and software as a service business model for government and corporate organizations.
Operating out of its hangar near the shore of Lake Simcoe in Oro-Medonte township, Ontario, Volatus Aerospace Corp. provides integrated aerial intelligence solutions, using drones and commercial aircraft. Volatus serves civil, public safety, and defence markets with imaging and inspection, security and surveillance, equipment sales and support, training, as well as R&D, design and manufacturing.
Volatus Aerospace Corp. (TSXV:VOL) opened trading at $0.23 per share and has flown 91.67 per cent higher in the past month.
Drone Delivery Canada Corp. (TSXV:FLT) opened trading at $0.21 per share and has lifted 4.87 per cent in the past month.
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(Top image: Volatus Aerospace Corp. and Drone Delivery Canada Corp. )