Drone Delivery Canada Corp. has announced that the DSV Air & Sea Inc. Canada (“DSV”) project is now commercially operational.
On October 23, 2019 DDC announced that it had entered into a commercial agreement with DSV (the “Agreement”), through its sales agent Air Canada (TSX: AC), to provide its drone delivery platform for the use of DSV commencing at DSV’s head office in Milton, Ontario. Commercial operations and revenue-generation are pursuant to the terms of the Agreement. The Company expects multiple subsequent inbound/outbound commercial routes for DSV’s customers with time-sensitive cargo.
Customers pay DDC a monthly fee for each drone route deployed, pursuant to the terms of their respective agreements.
“This is a significant commercial landmark for the Company – our first operational, commercialized customer is now live. DSV is a global leader in the logistics industry and a perfect fit as a long-term, scalable customer for us,” said Michael Zahra, President & CEO of DDC.
“DDC continues to lead the drone logistics industry and we have a very strong funnel of global opportunities and expect to see continued customer announcements in 2020 for deployment & revenue generation this year. We would like to thank our employees, shareholders, Air Canada and DSV for helping us achieve this major commercial milestone.”
“With the commercial roll-out, we are looking ahead with our clients based on their unique needs and requirements. Many of our key clients are excited and ready to be part of these innovative next steps,” said Martin Roos, Managing Director – DSV Air & Sea, Canada.
“Air Canada is extremely proud to be a ‘First in Flight’ partner with DSV and Drone Delivery Canada,” said Tim Strauss, Vice President, Cargo at Air Canada.
“We are entering a unique time in aviation history as we move towards a future that suggests an entirely new landscape of opportunities for the global supply chain. And we are beyond delighted that the front door to this new world is opening up right here in Canada enabled by the incredible technology Drone Delivery Canada has brought to the market.”