Business
Drone Delivery Canada Announces New Sparrow Functionality - Opens Further Market Opportunities
Drone Delivery Canada Announces New Sparrow Functionality - Opens Further Market Opportuni...
About this update from Volatus Aerospace Inc.
[{"type":"text","content":"\n\n\n\nDrone Delivery Canada Announces New Sparrow Functionality - Opens Further Market Opportunities\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\nCanada NewsWire\nTORONTO, June 10, 2020\n\n\n\n\n \n TORONTO, June 10, 2020 /CNW/ - Drone Delivery Canada Corp. (TSXV: FLT) (OTC: TAKOF) (Frankfurt: A2AMGZ) (Frankfurt: ABB.F) (the \"Company\" or \"DDC\") is pleased to announce new Sparrow functionality that opens further healthcare, commercial and residential use cases.\nThe Company has successfully engineered and tested payload drop functionality for the Sparrow drone. This new functionality allows a package to be loaded at the point of origin, fly to a destination, hover at a lowered altitude, drop a payload without landing, and return to the point of origin. The Sparrow has a total flight range of up to 30km with a maximum payload capacity of approximately 4.3kg (10lbs) and operates with the Company's advanced, automated and patented FLYTE software system. All intellectual property is owned by the Company.\n\"The payload drop system is now ready for commercial roll out. This exciting new Sparrow functionality allows us to even further penetrate drone delivery applications, subject to Transport Canada regulations, in healthcare, pharmaceutical, emergency aid, commercial and residential markets while also effectively limiting person-to-person contact,\" said Michael Zahra, President & CEO of DDC. \"DDC continues to be a leader in the drone logistics industry and we are in active discussions with numerous prospective customers to utilize this new functionality for drone deliveries.\"\nAbout Drone Delivery Canada Corp.Drone Delivery Canada Corp. is a drone technology company focused on the design, development and implementation of its proprietary logistics software platform, using drones. The Company's platform will be used as a Software as a Service (SaaS) model for government and corporate organizations globally.\nDrone Delivery Canada Corp. is a publicly listed company trading on the TSX.V Exchange under the symbol FLT, on the U.S. OTC Q B market with Na...