Drone Delivery Canada Corp. (TSXV: FLT) (OTC: TAKOF) has announced it has entered into a commercial agreement with DSV Air & Sea Inc. Canada to deploy DDC´s drone delivery platform for the use of DSV commencing at its new head office and warehouse in Milton, Ontario, the company said.
that with the assistance of its sales agent Air Canada (TSX: AC),
Pursuant to the terms of the Agreement, DDC will enable the first of multiple routes and deploy its DroneSpot takeoff and landing zones as well as additional drone flight infrastructure on DSV sites, and deploy its Sparrow cargo drone, with a capacity of up to 10 lbs.
DSV will pay DDC a monthly fee for each drone route deployed. The initial term of the agreement is 15 months with additional successive one-year terms to follow unless the Agreement is formally terminated.
DSV — Global Transport and Logistics provides and manages supply chain solutions for thousands of companies every day — from the small family run business to the large global corporation.
Drone Delivery Canada Corp., the Canadian arm of the global transport and logistics company DSV Panalpina A/S, 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 a Software as a Service (SaaS) model for government and corporate organizations globally.