Drone Delivery Canada Corp. has announced that, with the\nassistance of its sales agent Air Canada, it has executed a Letter of Intent\n(\u201cLOI\u201d), effective November 23rd, 2020, with Drones Express Inc. (\u201cDEI\u201d), for\nan expected multi-year, multi-route, Condor project in Quebec.<\/p>\n\n\n\n
Under the terms of the LOI, the parties are cooperating to\nwork towards a binding definitive agreement (the \u201cAgreement\u201d). The Agreement\nwill set out the terms and conditions respecting a drone delivery solution\nusing multiple DDC Condor drones, and the Company\u2019s proprietary DroneSpotTM\ndepots to service multiple coastal communities on multiple routes along the\nLower North Shore region of Quebec. The\nsolution will use DDC\u2019s patented and proprietary FLYTE system, in a SaaS model,\nand DDC will provide implementation & commissioning of the system,\ntraining, technical support, managed services and remote monitoring from its\nOperations Control Centre in Vaughan, Ontario. The expected term of the\nAgreement is to be 10 years with a total revenue over the term to DDC of\nCAD$3.6 million, plus other potential service revenues. DEI expects to expand\nthis initial solution to more Condor drones, more communities, and more routes\nover time as this first project gains momentum during the term. Subject to the execution of the Agreement,\nimplementation of the project is expected to commence in early summer\n2021. All operations would be conducted\nin accordance with the Canadian Aviation Regulations and Transport Canada\nflight authorizations.<\/p>\n\n\n\n
\u201cMarket response to our pre-selling of the Condor solution\nhas been favourable in Canada and internationally, and we are excited to\nannounce our first potential Condor project. This is a pivotal milestone for\nus. We are pleased to be working with\nDrones Express on this innovative commercial opportunity to service the needs\nof rural communities in Quebec, with potential further network growth in the\nfuture,\u201d said Michael Zahra, President & CEO of DDC.<\/p>\n\n\n\n
\u201cWe are very thrilled to partner with Drone Delivery Canada\non this very innovative new service. The current Canadian regulation regulatory\nframework allows the use of drones operating beyond visual line of sight\n(BVLOS), only in rural Canada for low-risk operations in remote and isolated\nregions of Canada. Our expertise lies in servicing remote communities in\nQu\u00e9bec. Using drones to transport cargo and courier parcels is an innovative,\nreliable, economical and fast transport solution, and the Lower North Shore of\nQuebec is an ideal region for the implementation of such an initiative. We are\nready for the challenge, a first in Canada,\u201d said Fran\u00c3\u00a7ois Bertrand, CEO of\nDrones Express Inc.<\/p>\n","protected":false},"excerpt":{"rendered":"
Drone Delivery Canada Corp. has announced that, with the assistance of its sales agent Air Canada, it has executed a Letter of Intent (\u201cLOI\u201d), effective November 23rd, 2020, with Drones Express Inc. (\u201cDEI\u201d), for an expected multi-year, multi-route, Condor project in Quebec. Under the terms of the LOI, the parties are cooperating to work towards […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[114,127],"tags":[],"class_list":["post-16983","post","type-post","status-publish","format-standard","hentry","category-international-news","category-unmanned-systems"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/16983","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/comments?post=16983"}],"version-history":[{"count":1,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/16983\/revisions"}],"predecessor-version":[{"id":16985,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/16983\/revisions\/16985"}],"wp:attachment":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/media?parent=16983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/categories?post=16983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/tags?post=16983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}