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To: Goose94 who wrote (125635)	12/12/2022 5:44:07 PM
From: Goose94	Read Replies (1) \| Respond to of 203329

Drone Delivery Canada (FLT-V) Update On Condor Development And Successful Condor Test Flight Dec 12, '22 - NR Drone Delivery Canada Corp. has provided an update on the successful flight testing of its Condor drone, the largest drone in the company's fleet. The Condor is a two-stroke gasoline-powered helicopter drone with a maximum payload of 180 kilograms, a range of 200 kilometres and a maximum takeoff weight of 476 kg. To date, the company has successfully tested a number of systems, avionics and components including testing related to cold-weather performance, functional testing, wind performance, cargo-area temperature profiles, long-duration flight testing, aircraft attitude, position controller tuning, autonomy and autonomous waypoint navigation. Further to its press release dated Sept. 13, 2022, the company has completed an avionics and flight controls upgrade for the Condor, which the company believes will (i) provide improvements in robust communication protocols, (ii) mitigate electrical interference, and (iii) improve manufacturability. DDC has also subcontracted some of the engineering and development work to further accelerate the Condor's development. The company also completed the upgrade of the Condor's engine control unit and other mechanical systems along with ground testing of these systems, which was previously identified during the first quarter of 2022. Test flights have recommenced at the company's commercialization centre test range facility. "We are extremely pleased with the recent acceleration of the development and testing of our Condor drone, the largest drone in our fleet with the highest payload and distance capabilities, which has the potential to unlock far more use cases and commercial opportunities. We look forward to continued progress and the eventual commercialization of the Condor," said Steve Magirias, chief executive officer of DDC. About Drone Delivery Canada Corp. Drone Delivery Canada is an ISO 9001 certified, award-winning drone technology company focused on the design, development and implementation of its proprietary logistics software platform, using drones. The company's platform is intended to be used as a software-as-a-service (SaaS) model for government and corporate organizations globally. Drone Delivery Canada is a publicly listed company trading on the TSX Venture Exchange under the symbol FLT, on the U.S. OTCQX market under the symbol TAKOF, and on the Frankfurt Stock Exchange in Germany under the symbol A2AMGZ or ABB.F.