Business
Drone Delivery Canada Announces Letter of Intent with Astral Aerial Solutions in Kenya
Drone Delivery Canada Announces Letter of Intent with Astral Aerial Solutions in Kenya ...
About this update from Volatus Aerospace Inc.
[{"type":"text","content":"DroneDelivery-Letter\n \n \n \n Drone Delivery Canada Announces Letter of Intent with Astral Aerial Solutions in Kenya\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 Canada NewsWire\n \n \n TORONTO, Sept. 28, 2020\n \n \n \n \n \n TORONTO\n \n ,\n \n Sept. 28, 2020\n \n /CNW/ - Drone Delivery Canada Corp. (TSXV: FLT) (OTC: TAKOF) (\n \n Frankfurt\n \n : 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 \"), with Astral Aerial Solutions Limited located in\n \n Kenya\n \n , effective\n \n September 28\n \n \n th\n \n , 2020.\n \n \n Under the terms of the LOI, the parties shall cooperate and work jointly with the local regulator (Kenya Civil Aviation Authority) and shall work together to identify and analyze market opportunities in\n \n Kenya\n \n for DDC's drone delivery solution with the intent to work towards a definitive agreement for that market.\n \n \n \"As our first international opportunity, we are pleased to be working with Astral Aerial towards an agreement for DDC's drone logistics solution in Kenya.  There are numerous potential applications from traditional last-mile cargo to mining, oil & gas, healthcare, humanitarian aid and infrastructure inspection services.  Astral Aerial's parent company, Astral Aviation has a global, award-winning reputation and we look forward to a commercial relationship with them,\" said\n \n Michael Zahra\n \n , President & CEO of DDC.\n \n \n \"We are honored to co-operate with Drone Delivery Canada, and to learn from their experience in providing innovative drone-based logistics platforms in\n \n Canada\n \n that can be applied in\n \n Africa\n \n . The Canadian technology can benefit various sectors in\n \n Africa\n \n especially in Healthcare and accessibility to Remote Communities,\" said Mr.\n \n Sanjeev Gadhia\n \n , Chief Executive Officer of Astral Aerial Solutions and Astral Aviation.\n \n \n \n About Astral Aerial ...