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Drone Delivery Canada Announces Letter of Intent with Apple Express Courier Ltd
Drone Delivery Canada Announces Letter of Intent with Apple Express Courier Ltd ...
About this update from Volatus Aerospace Inc.
[{"type":"text","content":"\n \n \n \n Drone Delivery Canada Announces Letter of Intent with Apple Express Courier Ltd\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n TORONTO\n \n ,\n \n Dec. 3, 2020\n \n /CNW/ - Drone Delivery Canada Corp. (TSXV: FLT) (OTC: TAKOF)  (Frankfurt:  A2AMGZ or ABB.F) (the \"\n \n Company\n \n \" or \"\n \n DDC\n \n \") is pleased to announce that, with the assistance of its sales agent Air Canada  (TSX: AC), it has executed a Letter of Intent (\"\n \n LOI\n \n \"), effective\n \n December 3\n \n \n rd\n \n , 2020, with Apple Express Courier Ltd.\n \n \n Under the terms of the LOI, the parties are cooperating to work towards a Definitive Agreement. The commercial details of the expected Agreement are for the Company's drone delivery solution using DDC's Sparrow, Robin XL and Condor drones and the Company's patented and proprietary FLYTE system, in a SaaS model. DDC will provide implementation & commissioning of the systems, training, technical support, ongoing managed services and remote monitoring from its Operations Control Centre in\n \n Vaughan, Ontario\n \n . Anticipated projects would initially focus on healthcare and ecommerce deliveries in\n \n Northern Ontario\n \n with potential subsequent expansion to other provinces in\n \n Canada\n \n . All operations will be conducted in accordance with the Canadian Aviation Regulations and Transport Canada flight authorizations.\n \n \n \"Market response to our solution has been very favourable in\n \n Canada\n \n and internationally, and we are pleased with our ongoing momentum. We are excited to announce a new relationship, with Apple Express, on this innovative commercial opportunity to service the needs of rural communities in\n \n Northern Ontario\n \n , with potential further network growth in the future,\" said\n \n Michael Zahra\n \n , President & CEO of Drone Delivery Canada.\n \n \n \"As a leader in last-mile supply chain logistics, Apple Express is excited to work with Drone Delivery Canada to bring their innovative and proven drone delivery solutions into our offeri...