DDC commercial deal with Vision Profile
September 11, 2019 By Helicopters Staff
Drone Delivery Canada Corp. yesterday entered into a commercial agreement with Vision Profile Extrusions Limited, a manufacturing company, to deploy a drone delivery platform that Vision will use between its properties in Vaughan, Ontario. The agreement was made possible with assistance of Air Canada Cargo, which in June 2019 reached an agreement to market and sell Drone Delivery Canada’s (DDC) services. This is the first paid commercial project using DDC’s Sparrow drone.
DDC reaches commercial agreement with Air Canada
As part of the agreement, DDC will deploy its DroneSpot takeoff and landing zones as well as additional drone flight infrastructure on the Vision sites. DDC will also deploy its Sparrow cargo drone, with a capacity of up to 10 lbs, on defined flight routes between Vision’s properties in Vaughan. These routes have already been approved by Transport Canada.
Flights will be remotely monitored by DDC from its new commercial operations centre also located in Vaughan. DDC expects to begin providing drone delivery services under the Agreement in the fourth quarter, after deployment of the client site infrastructure is completed.
Vision will pay DDC a monthly fee to leverage this platform for each drone route. The services will be provided by DDC for an initial term of 12 months, with additional successive one year terms to follow unless the agreement is formally terminated.
“We are pleased to be working with Vision Profile Extrusions Limited and our sales agent Air Canada Cargo to roll out our first paid commercial project using our proven Sparrow drone, patented FLYTE system, and newly built commercial operations centre,” said Michael Zahra, president and CEO of DDC. “Our focus is to commercialize our industry-leading solution. We are pleased to see the first green shoots of our plans realized and drive revenue for our shareholders.”
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