TORONTO, ONTARIO – June 24, 2022 – Drone Delivery Canada Corp. (TSXV: FLT; OTC QX: TAKOF; Frankfurt: A2AMGZ or ABB.F) (the “Company” or “DDC”) is pleased to announce that on February 8, 2022, the United States Patent Office granted U.S. Patent No.11,245,533 for DDC’s U.S. Patent Application No. 16/186,891 titled ‘System and Method for Secure Communication with One or More Unmanned Aerial Vehicles’.
The patent is directed to DDC’s proprietary technology to ensure secure, authenticated communication between a remote computing device and one or more unmanned aerial vehicles (each, a “UAV”). In particular, the patent is directed to a system including a controller located on a UAV and a flight management system in data communication with the controller. The remote computing device included in the flight management system receives and processes incoming UAV messages in a proprietary manner to ensure that the messages originate from valid and registered UAV controllers.
A U.S. continuation application as well as a corresponding Canadian application are currently pending.
“We are pleased to announce our seventh United States Patent Office grant issued. This patent has strategic importance DDC as it further connects our drones to our ecosystem. As we continue progressing with our technology roadmap, growing our intellectual property portfolio will be an essential factor towards the growth & maturity of the Company.” said Steve Magirias, CEO of Drone Delivery Canada.
DDC is currently seeking patent protection for other aspects of its technology.
For information on DDC’s other patent and commercial announcements, please visit:
Additionally, DDC also announces that it has granted stock options to purchase an aggregate of 5,875,000 common shares of the Company exercisable at a price of $0.56 per common share for a period of five years, to certain officers, directors, advisors and consultants of the Company. The options shall vest 1/3 after every six months following the date of grant, and additionally options granted to officers, employees and certain advisors and consultants of the Company are subject to certain performance-based vesting criteria.
About Drone Delivery Canada Corp.
Drone Delivery Canada Corp. is an ISO 9001 certified, award-winning drone technology company focused on the design, development, and implementation of its proprietary logistics software platform, using drones. The Company’s platform is used as a Software as a Service (SaaS) model for government and corporate organizations globally.
Drone Delivery Canada Corp. is a publicly listed company trading on the TSX.V Exchange under the symbol FLT, on the U.S. OTC QX market under the symbol TAKOF and on the Frankfurt exchange in Germany under the symbol A2AMGZ or ABB.F.
Read more at: www.DroneDeliveryCanada.com or on DDC’s social media:
For further information:
Investor Relations: Mr. Steve Magirias, Chief Executive Officer, and Mr. Bill Mitoulas, Telephone: (416) 479-9547, Email: firstname.lastname@example.org
Media Relations: Mr. Nelson Hudes, Hudes Communications International, Telephone: (905) 660-9155, Email: email@example.com
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