Drone Delivery Canada

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Drone Delivery Canada, is a pioneering technology firm based out of Toronto, Ontario Canada with a focus on designing, developing and implementing a commercially viable drone delivery system within the Canadian geography. Our group consists of highly seasoned technology professionals who have su...

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Drone Delivery Canada

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Drone Delivery Canada, is a pioneering technology firm based out of Toronto, Ontario Canada with a focus on designing......

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8020 Admin posted a press release /R E P E A T -- Drone Delivery Canada Signs $2.5 Million Commercial Agreement With Moose Cree First Nation to Deploy DDC's Drone Delivery Platform/ in Drone Delivery Canada

TORONTO, Dec. 5, 2018 /CNW/ - Drone Delivery Canada 'DDC or the Company' (TSX.V:FLT OTC:TAKOF), is pleased to announce that it has executed a commercial agreement with the Moose Cree First Nation to deploy DDC's drone delivery technology platform with the Moose Cree First Nation communities.

The Company is currently permitted to commercially operate its drone delivery platform within the Moosonee and Moose Factory communities with its Compliant Special Flight Operations Certificate (SFOC) which permits DDC to conduct drone operations in all Canadian provinces and territories. DDC, with its Compliant SFOC in hand, will deploy its drone delivery platform to service the communities of Moose Factory and Moosonee, two northern towns located in Ontario approximately 19 kilometres south of James Bay. 

Utilizing DDC's compliant Sparrow aircraft, capable of a 5 kg payload, goods to be commercially transported between the communities will include, letters, general parcels, medical supplies, and other general necessities.

Financial terms of the agreement are $2.5 Million of revenue for year one with the potential to expand services in following years. As previously anticipated, it is expected that revenues will begin to be received late in Q2, 2019 once Federal funding is received by the Moose Cree First Nations.

"We are on track with the roll out of our commercial operations in Q2 of 2019", commented Tony Di Benedetto, CEO of Drone Delivery Canada.  "This agreement is representative of the large 'Remote Communities' market that we see penetrating over the next 3 to 5 years. The Remote Communities market is only one segment of the overall total addressable market in Canada. In addition to Canada, DDC is working with other customers around the globe to licence our FLYTE software and drone delivery technology." 

In Canada, there are approximately one thousand remote communities, and, almost all face similar infrastructure and logistics challenges that contribute to a high cost of living. DDC looks to provide a cost effective and highly efficient logistic solution to these communities to improve lives and to create jobs in Canada's north all while reducing costs.

"We have worked closely with DDC for nearly two years and see the many benefits of DDC's Drone Delivery Technology to our community as well as many others like us. Where infrastructure is weak, or at times non-existent or accessible, DDC's drone delivery platfrom is a valuable solution to connect remote communities and provide fast and efficient deliveries that were once not possible," commented Stan Kapashesit, Director of Economic Development Moose Cree First Nation.

The Company is currently focused on strengthening its management team amongst all levels with a focus on enlisting the smartest minds to assist in driving commercial operations.

For more information, please visit www.dronedeliverycanada.com

About Drone Delivery Canada

Drone Delivery Canada 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 Software as a Service (SaaS) for government and corporate organizations.

Drone 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 under the symbol TAKOF and on the Frankfurt exchange in Germany under the symbol A2AMGZ.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cision View original content:http://www.prnewswire.com/news-releases/drone-delivery-canada-signs-2-5-million-commercial-agreement-with-moose-cree-first-nation-to-deploy-ddcs-drone-delivery-platform-300760877.html

SOURCE Drone Delivery Canada

View original content: http://www.newswire.ca/en/releases/archive/December2018/06/c8237.html

Tony Di Benedetto, CEO, Telephone: (416) 791-9399, Email: tony@dronedeliverycanada.com ; Richard Buzbuzian, President, Telephone: (647) 501-3290, Email: richard@dronedeliverycanada.com 

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8020 Admin

11 days

8020 Admin posted a press release Air Canada Cargo's Tim Strauss Joins Drone Delivery Canada's Advisory Board in Drone Delivery Canada

Canada NewsWire

TORONTO, Nov. 27, 2018 /CNW/ - Drone Delivery Canada 'DDC or the Company' (TSX.V:FLT  OTC:TAKOF), is pleased to announce that Air Canada Cargo's, Mr. Tim Strauss, has joined DDC's Advisory Board to assist the Company to execute its commercial strategy.

Mr. Strauss currently serves as Vice President of Cargo for Air Canada, Canada's largest domestic and international airline. Air Canada serves more than 200 airports on six continents and is among the 20 largest airlines in the world and serves more than 48 million customers each year.

Mr. Strauss provides oversight for all aspects of Air Canada's cargo business, including leading, directing, developing and implementing customer-centric initiatives and solutions, and responsibility for commercial business and its profitability.

"We are very pleased to have Tim join our team." commented Tony Di Benedetto, CEO of Drone Delivery Canada. "I have had the pleasure of knowing Tim for quite some time and his forward-thinking vision of logistics and solid industry experience are true assets for the Company in implementing our commercialization strategy in Canada and abroad."

"I am delighted to join Drone Delivery Canada's Advisory Board. Tony and the staff at DDC are in the unique position of introducing world leading technology and a totally new approach to the distribution of goods across Canada and beyond. This is truly a revolutionary approach to the supply chain which will affect our industry for decades to come", commented Tim Strauss, VP Cargo, Air Canada.

Mr. Strauss has more than 31 years of cargo experience in both the airline and freight forwarding industries. Prior to joining Air Canada, Strauss held leadership roles in global sales and operations at Northwest Airlines, Delta Air Lines and in Hawaiian Airlines. He began his career with Emery Worldwide in 1987 (now UPS Supply Chain Logistics) where he held roles of increasing responsibility, starting as a cargo handler and completing his tenure as Vice President of Transportation and Logistics.

Mr. Strauss advanced his understanding of the logistics industry via studies in management at The Ohio State University, Massachusetts Institute of Technology, and Cambridge Institute.

The Company is currently focused on strengthening its management team amongst all levels with a focus on enlisting the smartest minds to assist in driving commercial operations.

About Drone Delivery Canada

Drone Delivery Canada 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 Software as a Service (SaaS) for government and corporate organizations.

Drone 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 under the symbol TAKOF and on the Frankfurt exchange in Germany under the symbol A2AMGZ.

For more information, please visit; www.dronedeliverycanada.com

Cision View original content:http://www.prnewswire.com/news-releases/air-canada-cargos-tim-strauss-joins-drone-delivery-canadas-advisory-board-300756177.html

SOURCE Drone Delivery Canada

View original content: http://www.newswire.ca/en/releases/archive/November2018/27/c5216.html

For further information, please contact: Tony Di Benedetto, CEO, Telephone: (416) 791-9399, Email: tony@dronedeliversycanada.com; Richard Buzbuzian, President, Telephone: (647) 501-3290, Email: richard@dronedeliverycanada.com

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8020 Admin

1 month

8020 Admin posted a press release Billions Up For Grabs As Logistics Companies Become More Efficient in Drone Delivery Canada

The logistics industry is a fragmented and inefficient industry comprising of shippers, carriers, and brokers (3PLs). It’s the backbone of e-commerce and is an industry that reached over $700 billion in the United States alone in 2016. The biggest problem in the industry in its current state is the human-to-human interaction for contracts, shipments and payments. The paperwork involved could take days to complete to send a shipment off. Tesla’s (NASDAQ:TSLA) CEO Elon Musk who infamously revealed that the company has gone “from production hell to logistics hell”. Alphabet Inc.’s (NASDAQ:GOOG) has recognized the problem, investing in logistics startup Convoy. Logistics companies such as Descartes Systems (TSX:DSG) and Drone Delivery Canada Corp (TSX.V:FLT)(OTC:TAKOF) are updating their operations to address the issues plaguing the logistics industry. Litelink Technologies (CSE:LLT) is taking a more technical approach with its 1Shift Logistics by utilizing A.I. and biometric technology to increase efficiency, transparency and reducing costs.

Empowering A Low-Tech Industry

The shipping industry is currently worth more than $8.1 trillion according to a Transparency Market Research report, and yet the majority of business is conducted using outdated systems that involve a lot of paper, pens, and human error. With the shipping industry projected to jump to $15.5 trillion by 2023, there is a clear need for logistics companies to embrace technology in their effort to improve business practices and efficiency.

Innovative companies outside of logistics have already begun to recognize these inefficiencies. Amazon alone saw its shipping prices increase by 31% year-over-year in 2017, which resulted in a net loss of $5.99 billion in a single year. For companies such as Litelink Technologies (CSE:LLT) these losses represent a unique opportunity to capitalize by introducing A.I. technology to this low-tech industry.

The logistics industry at a glance:

1) Shippers represent demand in the industry. These large companies such as Amazon, Walmart, and Costco create demand for products to be shipped from place to place. While some companies do have their own fleets, the majority of shippers rely on brokers to interact with carriers and ensure delivery.

2) Carriers represent the supply in the industry. These companies supply shippers with the trucks and drivers necessary to complete shipment. There are an estimated 3.5 million drivers in the U.S. alone, over 700,000 companies, with 90% of them having six or fewer trucks. Carriers are the backbone of this massive industry.

3) Brokers (3PLs) are the middlemen in the logistics industry. They connect shippers with carriers and take a cut of the profit along the way. The average broker will book around 3-4 shipments daily. They typically charge a 15-20% commission on every order, pay drivers early, charing them a 3-5% fee, and generate more than $150 billion in revenue each year.

Beyond this, there are several notable problems that exist as well:

1) Fragmentation: There is a lot of disconnected between the major parties. The top 20 brokers only account for 4% of revenues. A large portion of the industry is fragmented between many smaller brokers.

2) Inefficient systems: Outdated systems are the norm in this industry. Paperwork is plentiful, human error is commonplace, and manually tracking trucks can be extremely difficult. A technological change is needed to fix these problems.

3) Human error: Shippers, carriers, and brokers all rely on human interaction. Shipments are manually logged and can only be tracked when they arrive at key checkpoints. This often results in human error as brokers book drivers that are unavailable, schedule shipments with too little time, and create disputes with one another.

4) Time loss: Time is money in the logistics industry. Shippers, brokers, and carriers all suffer when time is wasted at any stage of the logistics process.

5) Rising prices: Costs are going up throughout the industry. To compensate, companies are raising prices. This translates to higher consumer prices and larger commissions for brokers.

Innovative technology has the power to change all of this in the logistics industry. In a modernized system, all parties will know exactly where a shipment is, how long it will be until it arrives, an accurate time estimate for a shipment, how much fuel is required to reach a destination, documents will be processed quickly, and the entire system will be streamlined to actually work.

Rising Stars Leading With Innovation

When you purchase something, it’s likely changed hands several times. That product was manufactured, processed, packaged, brokered, shipped, received, and sold. That’s the level of inefficiency that currently exists in the logistics industry and what has to change.

Technology is the logical answer to the problems the logistics industry is facing. If shippers and carriers want better prices, and brokers want to survive, they will need to adopt new technologies like Litelink Technologies’ (CSE:LLT) 1Shift platform.

Major changes are knocking at the door of the industry. Venture capital is flowing into the industry, having increased by 1100% since 2013. In 2015, $71 million was invested, with that number reaching $1 billion in 2017. In mid-2018, CapitalG, Alphabet’s investment firm, bet big on disruptive technologies in the logistics industry when they led an investment round of $185 million into Convoy at a $1 billion valuation. Prior to that, Jeff Bezos and Bill Gates also took positions.

Uber Freight’s run rate will hit $500 million in 2018. It’s parent company, Uber Technologies had a valuation of $72 billion back in February 2018.

Litelink Technologies (CSE:LLT) is a rising startup that raised CAD $14.9 million in a public offering earlier this year has a market cap of CAD $28 million. The company will be demonstrating their flagship 1Shift platform at the BiTA conference on November 14th. The platform is capable of collecting a variety of data points giving all parties the ability to select the most affordable and efficient jobs and routes. Brokers will be able to white label the platform to book loads and manage their business more efficiently. Carriers can manage their bill of ladings and gain instant access to a multitude of loads based on location, lane preference, truck type and load history using artificial intelligence technology allowing them to earn more. Shippers can post their loads and gain access to their truck driver network that is connected to the mobile app. Smart contracts are built with Quorum blockchain technology to create an immutable agreement that is posted on the blockchain to validate contracts. Shippers can also rely on 1Shift’s verifiable ratings engine to give them insight on which carriers are the most reliable to get their shipments delivered on time.

Both shippers and carriers desire a sensible long-term solution because it may lead to the eventual elimination of costly brokers as their networks get absorbed into these logistics platforms.

We’ve already seen the value of data and modernized systems when it comes to smart technology, marketing, and other industries. While the logistics industry may be outdated, it is on the verge of a technological breakout that could change the way the entire industry functions.

Companies Innovating Within the Logistics Industry

Tesla (NASDAQ:TSLA): Tesla is the world’s premier electric car company. With a wide range of products, including the Model S, Model 3, Model X, battery technology, and solar panels through Solar City. The company is rapidly investing in logistics through the creation of its own line of self-driving semi trucks. However, unlike other car companies, Tesla continues to struggle with production issues as it tries to mass produce its new Model 3 car.

Alphabet Inc. (NASDAQ:GOOG): Alphabet Inc. is the parent company of the world’s most popular search engine, Google. The company also provides investment capital to innovative companies. Recently, they led an investment round of $185 million in the logistics company Convoy, valuing them at $1 billion. The company seems focused on improving the logistics industry using disruptive technologies.

Descartes Systems (TSX:DSG): Descartes Systems is a logistics solution company that is developing dedicated platforms to help logistics companies overcome current bottlenecks. Their platforms include routing, mobile, telematics, transportation management, customs and regulatory compliance, global logistics network services, and broker and forwarding systems.

Drone Delivery Canada Corp (TSX.V:FLT)(OTC:TAKOF): Drone Delivery Canada Corp is looking to innovate the industry through the use of drones. Similar to Amazon's concepts, the company is aiming to develop a platform offering drone delivery services. With rising fuel prices and congested roadways becoming the norm, the company feels that drones will prove to be a sensible solution to the logistical problems that we face.

Disclaimer

Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this article is not provided to any individual with a view toward their individual circumstances. Baystreet.ca has been paid a fee of one thousand eight hundred dollars for Litelink Technologies advertising by Native Ads. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this newsletter as the basis for any investment decision. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

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8020 Admin

2 months

8020 Admin posted a press release /R E P E A T -- Moose Cree First Nation's Stan Kapashesit Joins Drone Delivery Canada's Advisory Board: Releases Video from Moosonee / Moose Factory BVLOS Pilot Program/ in Drone Delivery Canada

TORONTO, Oct. 5, 2018 /CNW/ - Drone Delivery Canada 'DDC or the Company' (TSX.V:FLT  OTC:TAKOF), is pleased to announce that Moose Cree First Nation's  Mr. Stan Kapashesit – Director of Economic Development has joined DDC's Advisory Board to assist in the Company's commercial strategy for remote communities in the James Bay region.

"Moose Cree is a proactive community and feels DDC's drone delivery solution can lower costs, create employment and reduce logistical challenges improving the lives of so many" commented Mr. Kapashesit. "One of the main objectives in my role joining the Advisory Board is to help other remote Indigenous communities in the James Bay region that are even more remote to utilize this technology. The plans are to make the Moose Cree First Nations community a hub and depot of the north. Both the applications and benefits of DDC's drone delivery solution are endless for these such communities. We look to improve the lives of many Indigenous people with drone technology."

Bio for Mr. Stan Kapashesit:

Mr. Kapashesit currently serves as Director of Economic Development for the Moose Cree First Nation located in the James Bay region within Northern Ontario. Since beginning his tenure, Stan has researched and engaged the community in finding ways to help assist in the high cost of living in this area which includes innovative strategies in reducing the cost of freight to and from the community.  

"We have been working with Stan for over a year now and it has become very apparent that Stan has been a champion of DDC's drone delivery solution". commented Tony Di Benedetto, CEO of Drone Delivery Canada. "As the Director of Economic Development for the Moose Cree First Nation, Stan's role with the community, his connections to the greater region and his business acumen will all be a valued asset to DDC's initiatives. On behalf of the Company, we warmly welcome Stan to our Advisory Board."

DDC is also please to also report it has now released a video of DDC Beyond Visual Line of Sight Pilot Program in Moosonee and Moose Factory, Ontario which it completed on September 28, 2018.  

To watch the video, please visit; www.dronedeliverycanada.com/videos/

About Drone Delivery Canada

Drone Delivery Canada 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 Software as a Service (SaaS) for government and corporate organizations.

Drone 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 under the symbol TAKOF and on the Frankfurt exchange in Germany under the symbol A2AMGZ.

For more information, please visit; www.dronedeliverycanada.com

Cision View original content:http://www.prnewswire.com/news-releases/r-e-p-e-a-t------moose-cree-first-nations-stan-kapashesit-joins-drone-delivery-canadas-advisory-board-releases-video-from-moosonee--moose-factory-bvlos-pilot-program-300727738.html

SOURCE Drone Delivery Canada

View original content: http://www.newswire.ca/en/releases/archive/October2018/09/c4319.html

please contact: Tony Di Benedetto, CEO, Telephone: (416) 791-9399, Email: tony@dronedeliversycanada.com; Richard Buzbuzian, President, Telephone: (647) 501-3290, Email: richard@dronedeliverycanada.comCopyright CNW Group 2018

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8020 Admin

2 months

8020 Admin posted a press release 100% Successful Operations on Approved Flight Path in Drone Delivery Canada

TORONTO, Oct. 2, 2018 /CNW/ - Drone Delivery Canada 'DDC or the Company' (TSX.V:FLT OTC:TAKOF), is pleased to announce that the Company conducted numerous successful drone delivery test flights in the communities of Moosonee and Moose Factory, Ontario as part of DDC's Beyond Visual Line-of-Sight (BVLOS) Pilot Project 'BVLOS Pilot Project.' Operations under the BVLOS Pilot Project were approved by both Transport Canada and NAV CANADA and were flown in the Class E controlled airspace surrounding the Moosonee airport.

DDC's BVLOS Pilot Project commenced on September 17, 2018 and was completed on September 28, 2018. The Pilot Project flight operations were conducted in both day time and evenings on a set of approved flight paths. Throughout the Pilot Project, DDC worked closely with Transport Canada and NAV CANADA to ensure safety while also demonstrating the efficiency and efficacy of its Sparrow drone as well as its proprietary FLYTE management system. DDC is pleased to report that no flight safety incidents occurred, and each mission was completed successfully.

DDC's Sparrow X1000 cargo drone and DDC's proprietary FLYTE management system successfully delivered medical supplies, dry blood spots kits for HIV, Hepatitis C and general blood chemistry testing, as well as food, automotive parts and general parcels for many of DDC's customers which were present for the Pilot Project. These flights were conducted both to and from Moosonee and Moose Factory.

DDC Operations at Moosonee and Moose Factory, ON (CNW Group/Drone Delivery Canada)

It is noteworthy that Drone Delivery Canada was approved to conduct its BVLOS Pilot Project in controlled airspace and while communicating on standard aviation frequencies in accordance with the Canadian Aviation Regulations. These are the same frequencies and communications protocols used for general aviation and commercial aircraft. Under the BVLOS Pilot Project, DDC was assigned the call sign "Sparrow 1".

"We achieved our mission flawlessly," commented Paul Di Benedetto, CTO. "On behalf of the Company I would like to sincerely and publicly thank the staff from the Transport Canada RPAS Task Force, NAV CANADA, The Moose Cree First Nation, the community of Moosonee, the MoCreebec community and all the team at DDC for the tireless effort put forth. The collaboration by all parties provided critical data which will set the foundation for success and further solidify the great working relationship between Government and DDC."

"Living in Canada's north comes with challenges. The community was extremely excited to see the benefits of DDC's drone delivery solution as a means to help mitigate our daily challenges, improve our logistics, lower our costs and bring employment to our region. We are very happy to be working with Drone Delivery Canada and see the immense benefit to our community and to other communities in the region," commented Stan Kapashesit, Director of Economic Development Moose Cree First Nation.

In Canada, there are approximately one thousand remote communities, and almost all face similar infrastructure and logistics challenges that contribute to a high cost of living. DDC looks to provide a cost effective and highly efficient logistic solution to these communities to improve lives and to create jobs in Canada's north all while reducing costs.

"We are very thankful to the authorities for approving our flight path to connect these communities," commented Tony Di Benedetto, CEO of Drone Delivery Canada. "It is not an easy feat at all to achieve what we have accomplished. DDC has created an innovative logistic solution allowing a drone to deliver parcels in non-segregated Canadian airspace. As a starting point we intend on targeting outlying communities which experience on-going and difficult infrastructure challenges. To address these challenges, in the not so distant future we will work closely with Transport Canada and NAV CANADA in order to deploy our technology and establish 'railways in the sky' where our drones can integrate into existing Canadian airspace to connect communities to one another and provide efficient and cost-effective means of delivery." 

DDC will be providing a video detailing the Pilot Project to shareholders and interested parties and anticipates a release date in approximately 10 days time. 

For more information, please visit www.dronedeliverycanada.com

About Drone Delivery Canada

Drone Delivery Canada 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 Software as a Service (SaaS) for government and corporate organizations.

Drone 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 under the symbol TAKOF and on the Frankfurt exchange in Germany under the symbol A2AMGZ.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/drone-delivery-canada-integrates-into-controlled-airspace-in-moosonee-and-moose-factory-in-beyond-visual-line-of-sight-pilot-project-300722941.html

SOURCE Drone Delivery Canada

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/October2018/03/c6680.html

Tony Di Benedetto, CEO: Telephone: (416) 791-9399, Email: tony@dronedeliverycanada.com; Richard Buzbuzian, President: Telephone: (647) 501-3290, Email: richard@dronedeliverycanada.comCopyright CNW Group 2018

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DArcy Funfer posted an update inDRONE DELIVERY CANADA

3 months

Drone Delivery Canada - BVLOS Flights in Alma Quebec - August 2018

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Drone Delivery Canada

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Drone Delivery Canada, is a pioneering technology firm based out of Toronto, Ontario Canada with a focus on designing, developing and implementing a commercially viable drone delivery system within the Canadian geography. Our group consists of highly seasoned technology professionals who have su...

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Drone Delivery Canada

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Drone Delivery Canada, is a pioneering technology firm based out of Toronto, Ontario Canada with a focus on designing......

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8020 Admin posted a press release /R E P E A T -- Drone Delivery Canada Signs $2.5 Million Commercial Agreement With Moose Cree First Nation to Deploy DDC's Drone Delivery Platform/ in Drone Delivery Canada

TORONTO, Dec. 5, 2018 /CNW/ - Drone Delivery Canada 'DDC or the Company' (TSX.V:FLT OTC:TAKOF), is pleased to announce that it has executed a commercial agreement with the Moose Cree First Nation to deploy DDC's drone delivery technology platform with the Moose Cree First Nation communities.

The Company is currently permitted to commercially operate its drone delivery platform within the Moosonee and Moose Factory communities with its Compliant Special Flight Operations Certificate (SFOC) which permits DDC to conduct drone operations in all Canadian provinces and territories. DDC, with its Compliant SFOC in hand, will deploy its drone delivery platform to service the communities of Moose Factory and Moosonee, two northern towns located in Ontario approximately 19 kilometres south of James Bay. 

Utilizing DDC's compliant Sparrow aircraft, capable of a 5 kg payload, goods to be commercially transported between the communities will include, letters, general parcels, medical supplies, and other general necessities.

Financial terms of the agreement are $2.5 Million of revenue for year one with the potential to expand services in following years. As previously anticipated, it is expected that revenues will begin to be received late in Q2, 2019 once Federal funding is received by the Moose Cree First Nations.

"We are on track with the roll out of our commercial operations in Q2 of 2019", commented Tony Di Benedetto, CEO of Drone Delivery Canada.  "This agreement is representative of the large 'Remote Communities' market that we see penetrating over the next 3 to 5 years. The Remote Communities market is only one segment of the overall total addressable market in Canada. In addition to Canada, DDC is working with other customers around the globe to licence our FLYTE software and drone delivery technology." 

In Canada, there are approximately one thousand remote communities, and, almost all face similar infrastructure and logistics challenges that contribute to a high cost of living. DDC looks to provide a cost effective and highly efficient logistic solution to these communities to improve lives and to create jobs in Canada's north all while reducing costs.

"We have worked closely with DDC for nearly two years and see the many benefits of DDC's Drone Delivery Technology to our community as well as many others like us. Where infrastructure is weak, or at times non-existent or accessible, DDC's drone delivery platfrom is a valuable solution to connect remote communities and provide fast and efficient deliveries that were once not possible," commented Stan Kapashesit, Director of Economic Development Moose Cree First Nation.

The Company is currently focused on strengthening its management team amongst all levels with a focus on enlisting the smartest minds to assist in driving commercial operations.

For more information, please visit www.dronedeliverycanada.com

About Drone Delivery Canada

Drone Delivery Canada 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 Software as a Service (SaaS) for government and corporate organizations.

Drone 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 under the symbol TAKOF and on the Frankfurt exchange in Germany under the symbol A2AMGZ.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cision View original content:http://www.prnewswire.com/news-releases/drone-delivery-canada-signs-2-5-million-commercial-agreement-with-moose-cree-first-nation-to-deploy-ddcs-drone-delivery-platform-300760877.html

SOURCE Drone Delivery Canada

View original content: http://www.newswire.ca/en/releases/archive/December2018/06/c8237.html

Tony Di Benedetto, CEO, Telephone: (416) 791-9399, Email: tony@dronedeliverycanada.com ; Richard Buzbuzian, President, Telephone: (647) 501-3290, Email: richard@dronedeliverycanada.com 

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8020 Admin

11 days

8020 Admin posted a press release Air Canada Cargo's Tim Strauss Joins Drone Delivery Canada's Advisory Board in Drone Delivery Canada

Canada NewsWire

TORONTO, Nov. 27, 2018 /CNW/ - Drone Delivery Canada 'DDC or the Company' (TSX.V:FLT  OTC:TAKOF), is pleased to announce that Air Canada Cargo's, Mr. Tim Strauss, has joined DDC's Advisory Board to assist the Company to execute its commercial strategy.

Mr. Strauss currently serves as Vice President of Cargo for Air Canada, Canada's largest domestic and international airline. Air Canada serves more than 200 airports on six continents and is among the 20 largest airlines in the world and serves more than 48 million customers each year.

Mr. Strauss provides oversight for all aspects of Air Canada's cargo business, including leading, directing, developing and implementing customer-centric initiatives and solutions, and responsibility for commercial business and its profitability.

"We are very pleased to have Tim join our team." commented Tony Di Benedetto, CEO of Drone Delivery Canada. "I have had the pleasure of knowing Tim for quite some time and his forward-thinking vision of logistics and solid industry experience are true assets for the Company in implementing our commercialization strategy in Canada and abroad."

"I am delighted to join Drone Delivery Canada's Advisory Board. Tony and the staff at DDC are in the unique position of introducing world leading technology and a totally new approach to the distribution of goods across Canada and beyond. This is truly a revolutionary approach to the supply chain which will affect our industry for decades to come", commented Tim Strauss, VP Cargo, Air Canada.

Mr. Strauss has more than 31 years of cargo experience in both the airline and freight forwarding industries. Prior to joining Air Canada, Strauss held leadership roles in global sales and operations at Northwest Airlines, Delta Air Lines and in Hawaiian Airlines. He began his career with Emery Worldwide in 1987 (now UPS Supply Chain Logistics) where he held roles of increasing responsibility, starting as a cargo handler and completing his tenure as Vice President of Transportation and Logistics.

Mr. Strauss advanced his understanding of the logistics industry via studies in management at The Ohio State University, Massachusetts Institute of Technology, and Cambridge Institute.

The Company is currently focused on strengthening its management team amongst all levels with a focus on enlisting the smartest minds to assist in driving commercial operations.

About Drone Delivery Canada

Drone Delivery Canada 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 Software as a Service (SaaS) for government and corporate organizations.

Drone 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 under the symbol TAKOF and on the Frankfurt exchange in Germany under the symbol A2AMGZ.

For more information, please visit; www.dronedeliverycanada.com

Cision View original content:http://www.prnewswire.com/news-releases/air-canada-cargos-tim-strauss-joins-drone-delivery-canadas-advisory-board-300756177.html

SOURCE Drone Delivery Canada

View original content: http://www.newswire.ca/en/releases/archive/November2018/27/c5216.html

For further information, please contact: Tony Di Benedetto, CEO, Telephone: (416) 791-9399, Email: tony@dronedeliversycanada.com; Richard Buzbuzian, President, Telephone: (647) 501-3290, Email: richard@dronedeliverycanada.com

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8020 Admin

1 month

8020 Admin posted a press release Billions Up For Grabs As Logistics Companies Become More Efficient in Drone Delivery Canada

The logistics industry is a fragmented and inefficient industry comprising of shippers, carriers, and brokers (3PLs). It’s the backbone of e-commerce and is an industry that reached over $700 billion in the United States alone in 2016. The biggest problem in the industry in its current state is the human-to-human interaction for contracts, shipments and payments. The paperwork involved could take days to complete to send a shipment off. Tesla’s (NASDAQ:TSLA) CEO Elon Musk who infamously revealed that the company has gone “from production hell to logistics hell”. Alphabet Inc.’s (NASDAQ:GOOG) has recognized the problem, investing in logistics startup Convoy. Logistics companies such as Descartes Systems (TSX:DSG) and Drone Delivery Canada Corp (TSX.V:FLT)(OTC:TAKOF) are updating their operations to address the issues plaguing the logistics industry. Litelink Technologies (CSE:LLT) is taking a more technical approach with its 1Shift Logistics by utilizing A.I. and biometric technology to increase efficiency, transparency and reducing costs.

Empowering A Low-Tech Industry

The shipping industry is currently worth more than $8.1 trillion according to a Transparency Market Research report, and yet the majority of business is conducted using outdated systems that involve a lot of paper, pens, and human error. With the shipping industry projected to jump to $15.5 trillion by 2023, there is a clear need for logistics companies to embrace technology in their effort to improve business practices and efficiency.

Innovative companies outside of logistics have already begun to recognize these inefficiencies. Amazon alone saw its shipping prices increase by 31% year-over-year in 2017, which resulted in a net loss of $5.99 billion in a single year. For companies such as Litelink Technologies (CSE:LLT) these losses represent a unique opportunity to capitalize by introducing A.I. technology to this low-tech industry.

The logistics industry at a glance:

1) Shippers represent demand in the industry. These large companies such as Amazon, Walmart, and Costco create demand for products to be shipped from place to place. While some companies do have their own fleets, the majority of shippers rely on brokers to interact with carriers and ensure delivery.

2) Carriers represent the supply in the industry. These companies supply shippers with the trucks and drivers necessary to complete shipment. There are an estimated 3.5 million drivers in the U.S. alone, over 700,000 companies, with 90% of them having six or fewer trucks. Carriers are the backbone of this massive industry.

3) Brokers (3PLs) are the middlemen in the logistics industry. They connect shippers with carriers and take a cut of the profit along the way. The average broker will book around 3-4 shipments daily. They typically charge a 15-20% commission on every order, pay drivers early, charing them a 3-5% fee, and generate more than $150 billion in revenue each year.

Beyond this, there are several notable problems that exist as well:

1) Fragmentation: There is a lot of disconnected between the major parties. The top 20 brokers only account for 4% of revenues. A large portion of the industry is fragmented between many smaller brokers.

2) Inefficient systems: Outdated systems are the norm in this industry. Paperwork is plentiful, human error is commonplace, and manually tracking trucks can be extremely difficult. A technological change is needed to fix these problems.

3) Human error: Shippers, carriers, and brokers all rely on human interaction. Shipments are manually logged and can only be tracked when they arrive at key checkpoints. This often results in human error as brokers book drivers that are unavailable, schedule shipments with too little time, and create disputes with one another.

4) Time loss: Time is money in the logistics industry. Shippers, brokers, and carriers all suffer when time is wasted at any stage of the logistics process.

5) Rising prices: Costs are going up throughout the industry. To compensate, companies are raising prices. This translates to higher consumer prices and larger commissions for brokers.

Innovative technology has the power to change all of this in the logistics industry. In a modernized system, all parties will know exactly where a shipment is, how long it will be until it arrives, an accurate time estimate for a shipment, how much fuel is required to reach a destination, documents will be processed quickly, and the entire system will be streamlined to actually work.

Rising Stars Leading With Innovation

When you purchase something, it’s likely changed hands several times. That product was manufactured, processed, packaged, brokered, shipped, received, and sold. That’s the level of inefficiency that currently exists in the logistics industry and what has to change.

Technology is the logical answer to the problems the logistics industry is facing. If shippers and carriers want better prices, and brokers want to survive, they will need to adopt new technologies like Litelink Technologies’ (CSE:LLT) 1Shift platform.

Major changes are knocking at the door of the industry. Venture capital is flowing into the industry, having increased by 1100% since 2013. In 2015, $71 million was invested, with that number reaching $1 billion in 2017. In mid-2018, CapitalG, Alphabet’s investment firm, bet big on disruptive technologies in the logistics industry when they led an investment round of $185 million into Convoy at a $1 billion valuation. Prior to that, Jeff Bezos and Bill Gates also took positions.

Uber Freight’s run rate will hit $500 million in 2018. It’s parent company, Uber Technologies had a valuation of $72 billion back in February 2018.

Litelink Technologies (CSE:LLT) is a rising startup that raised CAD $14.9 million in a public offering earlier this year has a market cap of CAD $28 million. The company will be demonstrating their flagship 1Shift platform at the BiTA conference on November 14th. The platform is capable of collecting a variety of data points giving all parties the ability to select the most affordable and efficient jobs and routes. Brokers will be able to white label the platform to book loads and manage their business more efficiently. Carriers can manage their bill of ladings and gain instant access to a multitude of loads based on location, lane preference, truck type and load history using artificial intelligence technology allowing them to earn more. Shippers can post their loads and gain access to their truck driver network that is connected to the mobile app. Smart contracts are built with Quorum blockchain technology to create an immutable agreement that is posted on the blockchain to validate contracts. Shippers can also rely on 1Shift’s verifiable ratings engine to give them insight on which carriers are the most reliable to get their shipments delivered on time.

Both shippers and carriers desire a sensible long-term solution because it may lead to the eventual elimination of costly brokers as their networks get absorbed into these logistics platforms.

We’ve already seen the value of data and modernized systems when it comes to smart technology, marketing, and other industries. While the logistics industry may be outdated, it is on the verge of a technological breakout that could change the way the entire industry functions.

Companies Innovating Within the Logistics Industry

Tesla (NASDAQ:TSLA): Tesla is the world’s premier electric car company. With a wide range of products, including the Model S, Model 3, Model X, battery technology, and solar panels through Solar City. The company is rapidly investing in logistics through the creation of its own line of self-driving semi trucks. However, unlike other car companies, Tesla continues to struggle with production issues as it tries to mass produce its new Model 3 car.

Alphabet Inc. (NASDAQ:GOOG): Alphabet Inc. is the parent company of the world’s most popular search engine, Google. The company also provides investment capital to innovative companies. Recently, they led an investment round of $185 million in the logistics company Convoy, valuing them at $1 billion. The company seems focused on improving the logistics industry using disruptive technologies.

Descartes Systems (TSX:DSG): Descartes Systems is a logistics solution company that is developing dedicated platforms to help logistics companies overcome current bottlenecks. Their platforms include routing, mobile, telematics, transportation management, customs and regulatory compliance, global logistics network services, and broker and forwarding systems.

Drone Delivery Canada Corp (TSX.V:FLT)(OTC:TAKOF): Drone Delivery Canada Corp is looking to innovate the industry through the use of drones. Similar to Amazon's concepts, the company is aiming to develop a platform offering drone delivery services. With rising fuel prices and congested roadways becoming the norm, the company feels that drones will prove to be a sensible solution to the logistical problems that we face.

Disclaimer

Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this article is not provided to any individual with a view toward their individual circumstances. Baystreet.ca has been paid a fee of one thousand eight hundred dollars for Litelink Technologies advertising by Native Ads. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this newsletter as the basis for any investment decision. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

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8020 Admin

2 months

8020 Admin posted a press release /R E P E A T -- Moose Cree First Nation's Stan Kapashesit Joins Drone Delivery Canada's Advisory Board: Releases Video from Moosonee / Moose Factory BVLOS Pilot Program/ in Drone Delivery Canada

TORONTO, Oct. 5, 2018 /CNW/ - Drone Delivery Canada 'DDC or the Company' (TSX.V:FLT  OTC:TAKOF), is pleased to announce that Moose Cree First Nation's  Mr. Stan Kapashesit – Director of Economic Development has joined DDC's Advisory Board to assist in the Company's commercial strategy for remote communities in the James Bay region.

"Moose Cree is a proactive community and feels DDC's drone delivery solution can lower costs, create employment and reduce logistical challenges improving the lives of so many" commented Mr. Kapashesit. "One of the main objectives in my role joining the Advisory Board is to help other remote Indigenous communities in the James Bay region that are even more remote to utilize this technology. The plans are to make the Moose Cree First Nations community a hub and depot of the north. Both the applications and benefits of DDC's drone delivery solution are endless for these such communities. We look to improve the lives of many Indigenous people with drone technology."

Bio for Mr. Stan Kapashesit:

Mr. Kapashesit currently serves as Director of Economic Development for the Moose Cree First Nation located in the James Bay region within Northern Ontario. Since beginning his tenure, Stan has researched and engaged the community in finding ways to help assist in the high cost of living in this area which includes innovative strategies in reducing the cost of freight to and from the community.  

"We have been working with Stan for over a year now and it has become very apparent that Stan has been a champion of DDC's drone delivery solution". commented Tony Di Benedetto, CEO of Drone Delivery Canada. "As the Director of Economic Development for the Moose Cree First Nation, Stan's role with the community, his connections to the greater region and his business acumen will all be a valued asset to DDC's initiatives. On behalf of the Company, we warmly welcome Stan to our Advisory Board."

DDC is also please to also report it has now released a video of DDC Beyond Visual Line of Sight Pilot Program in Moosonee and Moose Factory, Ontario which it completed on September 28, 2018.  

To watch the video, please visit; www.dronedeliverycanada.com/videos/

About Drone Delivery Canada

Drone Delivery Canada 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 Software as a Service (SaaS) for government and corporate organizations.

Drone 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 under the symbol TAKOF and on the Frankfurt exchange in Germany under the symbol A2AMGZ.

For more information, please visit; www.dronedeliverycanada.com

Cision View original content:http://www.prnewswire.com/news-releases/r-e-p-e-a-t------moose-cree-first-nations-stan-kapashesit-joins-drone-delivery-canadas-advisory-board-releases-video-from-moosonee--moose-factory-bvlos-pilot-program-300727738.html

SOURCE Drone Delivery Canada

View original content: http://www.newswire.ca/en/releases/archive/October2018/09/c4319.html

please contact: Tony Di Benedetto, CEO, Telephone: (416) 791-9399, Email: tony@dronedeliversycanada.com; Richard Buzbuzian, President, Telephone: (647) 501-3290, Email: richard@dronedeliverycanada.comCopyright CNW Group 2018

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8020 Admin

2 months

8020 Admin posted a press release 100% Successful Operations on Approved Flight Path in Drone Delivery Canada

TORONTO, Oct. 2, 2018 /CNW/ - Drone Delivery Canada 'DDC or the Company' (TSX.V:FLT OTC:TAKOF), is pleased to announce that the Company conducted numerous successful drone delivery test flights in the communities of Moosonee and Moose Factory, Ontario as part of DDC's Beyond Visual Line-of-Sight (BVLOS) Pilot Project 'BVLOS Pilot Project.' Operations under the BVLOS Pilot Project were approved by both Transport Canada and NAV CANADA and were flown in the Class E controlled airspace surrounding the Moosonee airport.

DDC's BVLOS Pilot Project commenced on September 17, 2018 and was completed on September 28, 2018. The Pilot Project flight operations were conducted in both day time and evenings on a set of approved flight paths. Throughout the Pilot Project, DDC worked closely with Transport Canada and NAV CANADA to ensure safety while also demonstrating the efficiency and efficacy of its Sparrow drone as well as its proprietary FLYTE management system. DDC is pleased to report that no flight safety incidents occurred, and each mission was completed successfully.

DDC's Sparrow X1000 cargo drone and DDC's proprietary FLYTE management system successfully delivered medical supplies, dry blood spots kits for HIV, Hepatitis C and general blood chemistry testing, as well as food, automotive parts and general parcels for many of DDC's customers which were present for the Pilot Project. These flights were conducted both to and from Moosonee and Moose Factory.

DDC Operations at Moosonee and Moose Factory, ON (CNW Group/Drone Delivery Canada)

It is noteworthy that Drone Delivery Canada was approved to conduct its BVLOS Pilot Project in controlled airspace and while communicating on standard aviation frequencies in accordance with the Canadian Aviation Regulations. These are the same frequencies and communications protocols used for general aviation and commercial aircraft. Under the BVLOS Pilot Project, DDC was assigned the call sign "Sparrow 1".

"We achieved our mission flawlessly," commented Paul Di Benedetto, CTO. "On behalf of the Company I would like to sincerely and publicly thank the staff from the Transport Canada RPAS Task Force, NAV CANADA, The Moose Cree First Nation, the community of Moosonee, the MoCreebec community and all the team at DDC for the tireless effort put forth. The collaboration by all parties provided critical data which will set the foundation for success and further solidify the great working relationship between Government and DDC."

"Living in Canada's north comes with challenges. The community was extremely excited to see the benefits of DDC's drone delivery solution as a means to help mitigate our daily challenges, improve our logistics, lower our costs and bring employment to our region. We are very happy to be working with Drone Delivery Canada and see the immense benefit to our community and to other communities in the region," commented Stan Kapashesit, Director of Economic Development Moose Cree First Nation.

In Canada, there are approximately one thousand remote communities, and almost all face similar infrastructure and logistics challenges that contribute to a high cost of living. DDC looks to provide a cost effective and highly efficient logistic solution to these communities to improve lives and to create jobs in Canada's north all while reducing costs.

"We are very thankful to the authorities for approving our flight path to connect these communities," commented Tony Di Benedetto, CEO of Drone Delivery Canada. "It is not an easy feat at all to achieve what we have accomplished. DDC has created an innovative logistic solution allowing a drone to deliver parcels in non-segregated Canadian airspace. As a starting point we intend on targeting outlying communities which experience on-going and difficult infrastructure challenges. To address these challenges, in the not so distant future we will work closely with Transport Canada and NAV CANADA in order to deploy our technology and establish 'railways in the sky' where our drones can integrate into existing Canadian airspace to connect communities to one another and provide efficient and cost-effective means of delivery." 

DDC will be providing a video detailing the Pilot Project to shareholders and interested parties and anticipates a release date in approximately 10 days time. 

For more information, please visit www.dronedeliverycanada.com

About Drone Delivery Canada

Drone Delivery Canada 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 Software as a Service (SaaS) for government and corporate organizations.

Drone 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 under the symbol TAKOF and on the Frankfurt exchange in Germany under the symbol A2AMGZ.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/drone-delivery-canada-integrates-into-controlled-airspace-in-moosonee-and-moose-factory-in-beyond-visual-line-of-sight-pilot-project-300722941.html

SOURCE Drone Delivery Canada

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/October2018/03/c6680.html

Tony Di Benedetto, CEO: Telephone: (416) 791-9399, Email: tony@dronedeliverycanada.com; Richard Buzbuzian, President: Telephone: (647) 501-3290, Email: richard@dronedeliverycanada.comCopyright CNW Group 2018

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DArcy Funfer posted an update inDRONE DELIVERY CANADA

3 months

Drone Delivery Canada - BVLOS Flights in Alma Quebec - August 2018

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