Drone Delivery Canada Corp. is providing an update to the DSV Air & Sea Inc. Canada (“DSV”) commercially operational project.
On October 23, 2019 DDC announced that it had entered into a commercial agreement with DSV (the “Agreement”), through its sales agent Air Canada, to provide its drone delivery platform with the first paid route at DSV’s head office facility in Milton, Ontario. As per the company’s press release of March 23, 2020, revenue-generation & commercial operations are active, pursuant to the terms of the Agreement.
After a brief successful implementation of the solution, the system has been flying approximately 400 flights per month, all within expectations. To date, hundreds of successful flights have been conducted, further proving the Company’s commercial operations, advanced technology solution and revenue business model.
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The Company expects multiple subsequent inbound/outbound commercial routes for DSV’s customers with time-sensitive cargo. Active discussions are underway with numerous prospective companies for subsequent routes.
Customers pay DDC a monthly fee for each drone route deployed, pursuant to the terms of their respective agreements.
