Agreement for Drone Delivery Development

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Ontario based drone technology company Drone Delivery Canada (DDC) has announced it 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.

DDC is a publicly listed company trading on the Canadian Securities Exchange focuses on the design, development, and implementation of a commercial drone logistics platform for government and corporate organizations. Wolseley Canada is a market leader in the wholesale distribution of plumbing, heating, ventilation, air conditioning, refrigeration, waterworks, fire protection, pipes, valves and fittings and industrial products.

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.

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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.

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