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DRONE DELIVERY CANADA COMPLETES FIRST MILESTONE OF THE CANARY CONTRACT WITH THE DEPARTMENT OF NATIONAL DEFENCE
DRONE DELIVERY CANADA COMPLETES FIRST MILESTONE OF THE CANARY CONTRACT WITH THE DEPARTMENT OF NAT...
About this update from Volatus Aerospace Inc.
[{"type":"text","content":"\n \n \n \n DRONE DELIVERY CANADA COMPLETES FIRST MILESTONE OF THE CANARY CONTRACT WITH THE DEPARTMENT OF NATIONAL DEFENCE\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 \n \n \n \n TORONTO\n \n \n ,\n \n \n Dec. 20, 2023\n \n \n /CNW/ - Drone Delivery Canada Corp. (TSXV: FLT) (OTC QX: TAKOF) (\n \n Frankfurt\n \n : A3DP5Y) or (Frankfurt: ABBA.F) (the \"Company\" or \"DDC\") is pleased to announce, further to it's press release dated\n \n September 7, 2023\n \n , that it has completed the first of two milestones as part of the contract (the \"Contract\") with the Department of National Defence and the Canadian Armed Forces' (\"DND/CAF\") Innovation for Defence Excellence and Security (\"IDEaS\") program. The Company has been authorized to move to the second phase of the Contract which is expected to be completed in the first quarter of 2024.\n \n \n \n \n \n \n \n \n \n The completion of the first milestone of the project involved nine test objectives pursuant to which the Company completed a total of 145 flights with an overall flight distance of almost 800km.\n \n \n With the completion of the test environment milestones during the first phase of the Contract, the Company will move to the real-world operation phase of the Contract to demonstrate the Canary's ability to deliver just in time medical equipment and supplies.\n \n \n As part of the IDEaS program, DDC's Canary drone has been selected to potentially play a crucial role in supporting the DND/CAF's delivery of medical equipment and other necessary supplies during mission-critical operations. The Contract, with a value of\n \n $200,000\n \n , will run for a 6-month duration and contains two milestones. A successful outcome of this initial Contract could lead to a follow on 12-month contract valued up to\n \n $1 million\n \n .\n \n \n \"We are immensely proud of the achievement in completing the first phase of the DND contract. This success is a result of the hard work, dedication, and exceptional skills of the entire DDC team. We look forward to continuing this successful eff...