Drone Delivery Canada and TECSYS Sign Commercialization Agreement #CSE $FLT

Drone Delivery Canada ‘DDC or the Company’ (CSE:FLT), is pleased to announce it has signed a commercial agreement with TECSYS In c., the market leader in supply chain solutions for health systems and hospitals,  to collaborate on the design, development and implementation of a drone delivery solution to expand the logistics capabilities of TECSYS specifically in the healthcare vertical.

Utilizing 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 Consumer solution on the healthcare supply chain vertical.

If the testing and development are successful to the satisfaction of both parties, the Parties agree to proceed, in good faith negotiations and delivery of the definitive commercial agreement once finalized government legislation is enacted (estimated Q4 2017). DDC shall be responsible for their own costs and expenses with respect to the testing and the development of the drone delivery logistics platform solution.

“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 TECSYS which is another very big win for us.  Working with TECSYS, we see great opportunities to serve the healthcare sector across North America.   We’re aware of many opportunities to improve rural healthcare by using drones and by working with TECSYS, an innovation leader in the field, we will develop healthcare solutions”, commented Tony Di Benedetto, CEO of Drone Delivery Canada.

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