Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (35320)	10/19/2017 5:11:25 PM
From: Goose94	Read Replies (1) \| Respond to of 203346

Drone Delivery Canada (FLT-Cse) Oct 19, '17 has signed an agreement with Wolseley Canada Inc. to collaborate on the potential implementation of a drone delivery solution to expand Wolseley Canada's distribution capabilities. Using DDC's logistics platform, the development, prototyping and testing will be focused on a customized Depot to Depot solution as well as a Depot to Customer solution in Wolseley Canada's supply chain. If the testing and development are successful to the satisfaction of both parties, the Parties intend to proceed with good faith negotiations of a definitive agreement once applicable government legislation is enacted (estimated Q4 2017 - Q1 2018). DDC shall be responsible for its own costs and expenses with respect to the testing and the development of the drone delivery logistics platform solution. "We believe that we are the only drone delivery company in Canada to successfully achieve Beyond Visual Line of Sight (BVLOS) testing and are very pleased to announce this agreement with Wolseley Canada, one of the leading plumbing and HVAC/R distributors in Canada. As drone payloads increase, we think drone deliveries will radically improve on-time delivery," said Tony Di Benedetto, CEO of Drone Delivery Canada. About Drone Delivery Canada Corp. Drone Delivery Canada is a drone technology company focused on the design, development and implementation of its proprietary logistics software platform utilizing 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 Canadian Securities Exchange under the symbol FLT. Richard Buzbuzian President, Drone Delivery Canada (647) 501-3290 richard@dronedeliverycanada.com