Toronto, Ontario—March 16, 2017
Drone Delivery Canada Corp. (“DDC” or the “Company”) (CSE:FLT), would like to applaud the federal government’s announcement today that it will be taking steps to protect Canadians from reckless drone use by introducing new rules that take effect immediately on the operators of model aircraft and recreational drones of more than 250 g and up to 35 kg.
The Interim Order, announced by the Honourable Marc Garneau, Minister of Transport, will require operators to not only mark their drone with contact information, but it will limit them from flying higher than 90 metres, flying within 150 metres of buildings, vehicles or people, and will establish a 9 kilometer no-fly zone around any airport, heliport, aerodrome or water aerodrome.
“While these rules will have no direct impact on our business, we support them because they begin to establish ground rules and allow us to move forward in working with government to establish policies and regulations that keep pace with the progress being made by the industry,” says Richard Buzbuzian, President, Drone Delivery Canada. “Right now those regulations are lagging behind the progress that is being made. We want to join forces and work together with government so that we are no longer operating in a regulatory, legal and ethical vacuum.”
“We really are at the cusp of an industry that holds out so much promise,” adds Buzbuzian, “and I am encouraged that the government is determined to ensure that it gets things right when it comes to regulating unmanned aerial vehicles – or drones.”
Since 2014, Drone Delivery Canada has been working with government and municipalities to explore the potential of drones in delivering a robust logistics platform.
In addition to being first to market, in a short time Drone Delivery Canada has assembled some of the leading minds in this country to develop a commercial logistics platform that can meet government and commercial needs in rural and remote parts of this country.
For more information, please visit www.dronedeliverycanada.com
About Drone Delivery Canada
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.
For further information, please contact:
Richard Buzbuzian, President
Telephone: (416) 361-6167
Bill Mitoulis, Investor Relations
Telephone: (416) 837-7147
Nelson Hudes, Media Relations
Telephone: (905) 669-9155