DDC AWARDED FIFTH PATENT FOR ITS PROPRIETARY DRONE DELIVERY SOLUTION
TORONTO, ONTARIO – July 7th, 2021 – Drone Delivery Canada Corp. (TSXV: FLT; OTC: TAKOF; Frankfurt: A2AMGZ or ABB.F) (the “Company” or “DDC”) is pleased to announce that on July 6th, 2021, the United States Patent Office granted U.S. Patent No. 11,053,021 for DDC’s U.S. Patent Application No. 15/796,214 titled ‘Unmanned Aerial Vehicle and Method for Indicating a Landing Zone’.
The patent is generally directed to DDC’s proprietary unmanned aerial vehicle (“UAV”) and a method of landing a UAV at a location. In particular, the patent is directed to a UAV that includes a light source for generating a light beam to define a pattern for a landing zone for the UAV. The light beam has a variable cone angle so that the landing zone indicated by the light source remains of substantially constant area as the UAV descends. A U.S. continuation application as well as a corresponding Canadian application are currently pending.
“We are pleased to announce our fifth United States Patent Office grant issued. This innovation could facilitate identifying an appropriate landing or cargo drop area on a variety of stationary or moving platforms and improve ground safety. As an innovation leader in the drone logistics industry, we continue to grow our intellectual property portfolio. And, with recently released customer announcements, we continue to mark commercial successes as well,” commented Michael Zahra, President & CEO of Drone Delivery Canada. “On behalf of the Company, I would like to thank all of our dedicated staff who were integral to this patent accomplishment.”
DDC is currently seeking patent protection for other aspects of its technology.
For information on DDC’s other patent and commercial announcements, please visit: https://dronedeliverycanada.com/press-releases/
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 will be 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. OTCQX market under the symbol TAKOF and on the Frankfurt exchange in Germany under the symbol A2AMGZ or ABB.F .
Read more about the Company at: www.DroneDeliveryCanada.com or on DDC’s social media:
https://www.linkedin.com/company/drone-delivery-canada
https://www.youtube.com/dronedeliverycanada
https://www.facebook.com/dronedeliverycanada
https://www.instagram.com/dronedeliverycanada
https://twitter.com/DroneDeliveryCa/
For further information:
Investor Relations: Mr. Michael Zahra, President & Chief Executive Officer, and Mr. Bill Mitoulas, Telephone: (416) 479-9547, Email: billm@dronedeliverycanada.com;
Media Relations: Mr. Nelson Hudes, Hudes Communications International, Telephone: (905) 660-9155, Email: nelson@hudescommunications.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Notice Regarding Forward Looking Information:
Certain information set forth in this news release may contain forward-looking information that involves substantial known and unknown risks and uncertainties. Such statements often contain words such as “expect,” “may,” “can,” “believe,” “forecast,” “estimate,” “goal,” “target,” “will,” and other similar words. This forward-looking information is subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, the impact of general economic conditions, industry conditions, market acceptance, and dependence upon regulatory approvals (both in Canada and internationally). Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward looking information. Except as may be required by applicable securities law, the parties undertake no obligation to update forward-looking information, whether as a result of new information, future events or otherwise.
