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Drone Delivery Canada (TSXV:FLT) announces Care by Air Project

Technology, Transport
TSXV:FLT
21 June 2022 09:45 (EDT)

Source: Drone Delivery Canada.

Drone Delivery Canada’s (FLT) Care by Air Project will create a transportation link for Oakville Hospital.

Partners on the project include DSV Air & Sea, Halton Healthcare Services and McMaster University.

The route, between DSV’s head office in Milton, Ontario and Oakville, Ontario’s Trafalgar Memorial Hospital, will be operational in Q3 2022 for a six-month period.

The revenue generating project will use drones to modernize Halton Region’s health care supply chain for critical and time-sensitive cargo.

McMaster will evaluate data collected from the project with the purpose of integrating drones into its nuclear isotope supply chain.

“The health care vertical market is an area of high interest for DDC, with significant potential future opportunities from a perspective of time-critical deliveries, high-value and high-risk cargo utilizing our unique turnkey drone delivery solution,” said Steve Magirias, CEO of Drone Delivery Canada. “It will also allow us to explore additional connecting air routes through DSV in the future.”

Drone Delivery Canada is an award-winning drone technology company built on a proprietary logistics software platform.

Drone Delivery Canada (FLT) is up by 8.92 per cent trading at $0.61 per share as of 9:42 am EST.

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