DDC ANNOUNCES COLLABORATION WITH CANADIAN RETAILER ON DEVELOPMENT OF LAST MILE SOLUTION BY DRONE
- Last mile solution utilizing drone delivery with Canadian retailer
- Pilot testing to begin in Fall of 2016
- Collaborative effort focused on last mile solution and government approvals
Toronto, Ontario – August 13, 2016 – Drone Delivery Canada, FLT – CSE (DDC or the Company) is pleased to announce it has entered into an agreement with a Canadian retailer, unnamed at this time, whereby the two organizations will explore a collaboration to introduce drone delivery services within the retailer’s logistics model.
“We are excited to further our Depot-to-Depot last mile solution, also known as the last leg of a products trip, with such a large corporation. This effort not only provides recognition of our technology but also moves us closer to commercial operations.” commented Tony Di Benedetto, CEO of Drone Delivery Canada. “We have been diligently building out our platform working with various government agencies and corporate partners and with this win we move significantly closer to achieving this.”
The Memorandum of Understanding (MOU) sets the frame work for DDC’s development testing focusing on integrating the Company’s Depot to Depot program and providing a last mile solution. The MOU, non-binding at this time, is expected to develop into a definite agreement between DDC and the Company.
The agreement also includes participating in DDC’s Remote and Rural Canadian Program to provide just in time goods to Canada’s remote communities where demand and need are high.
About Drone Delivery Canada
Drone Delivery Canada is a drone technology company based out of Vaughan, Ontario focused on the design, development and implementation of a commercial drone logistics platform for retailers, service organizations and government agencies.
Drone Delivery Canada Corp. is a publicly listed company trading on the Canadian Securities Exchange under the symbol FLT.
For more information, please visit www.dronedeliverycanada.com
For further information, please contact:
Richard Buzbuzian, President, Tel: 647-501-3290, email@example.com
Bill Mitoulas, Investor Relations, Tel: 416-837-7147, firstname.lastname@example.org