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Drone Delivery Canada Announces Letter of Intent with CSC Group in India
Drone Delivery Canada Announces Letter of Intent with CSC Group in India Canada...
About this update from Volatus Aerospace Inc.
[{"type":"text","content":"\n \n \n \n Drone Delivery Canada Announces Letter of Intent with CSC Group in India\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.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 0pt; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n TORONTO, Nov. 12, 2020\n \n \n \n \n \n TORONTO\n \n ,\n \n Nov. 12, 2020\n \n /CNW/ - Drone Delivery Canada Corp. (TSXV: FLT) (OTC: TAKOF) (Frankfurt: A2AMGZ) or (Frankfurt: ABB.F) (the \"Company\" or \"DDC\") is pleased to announce that, with the assistance of its sales agent Air Canada (TSX: AC), it has executed a Letter of Intent (\"LOI\"), with CSC DRONE AVIATION – a CSC Group Company, located in\n \n India\n \n , effective\n \n November 12\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 (Directorate General of Civil Aviation) and shall work together to identify and analyze market opportunities in\n \n India\n \n for DDC's Condor drone delivery solution with the intent to work towards a definitive agreement for that market.\n \n \n \"We are pleased to be working with CSC Group towards an agreement for DDC's Condor drone logistics solution in India.  With a population of 1.4 billion people\n \n (1)\n \n , and the world's 3\n \n rd\n \n largest GDP at\n \n USD$8.7 trillion\n \n \n (2)\n \n ,\n \n India\n \n is a massive logistics market, so there are numerous potential applications or the Condor, from first-mile / last-mile cargo delivery, to oil & gas, mining, government, military, healthcare, humanitarian aid and infrastructure inspection services.  We are very encouraged by the strong Canadian and international interest in the Condor as we work towards its commercialization and the finalization of testing,\" said\n \n Michael Zahra\n ...