Drone Delivery Canada Receives Pitch Competition Award at Ontario Innovation Showcase

·3 min read

TORONTO, Nov. 29, 2021 /CNW/ - Drone Delivery Canada Corp. (TSXV: FLT) (OTCQX: TAKOF) (Frankfurt: A2AMGZ) (Frankfurt: ABB.F) (the "Company" or "DDC") is pleased to announce that it has received an Ontario Innovation Showcase pitch competition award in recognition for its disruptive drone delivery solution and the impact it can have on healthcare, particularly during a pandemic.

Drone Delivery Canada Corp. Logo (CNW Group/Drone Delivery Canada Corp.)
Drone Delivery Canada Corp. Logo (CNW Group/Drone Delivery Canada Corp.)

This award comes following a competition that took place on October 21st, 2021 as part of the Ontario Innovation Showcase, delivered by Ontario Centre of Innovation (OCI) and supported by the Ontario Together Fund. The Company expects to apply the $50K funding towards further commercial deployment of its innovative drone delivery solution.

"We are pleased to be recognized as an award-winning innovator and leader in our industry by the Ontario Together Fund and the Ontario Centre of Innovation," said Michael Zahra, President & CEO of DDC. "DDC is pleased with our continued technology & commercial successes in the evolving drone delivery industry. I would like to thank our employees and Board for their work in making DDC a true Canadian success, and to OCI for their recognition of our innovative solution and the commercial and societal benefits it can bring."

About the Ontario Centre of Innovation
The Ontario Centre of Innovation (OCI) maximizes the commercial impact of research developed in Ontario's colleges, universities, and research hospitals, and accelerates the commercialization of Made-in-Ontario technologies. Having a broad and deep network across industry, academia and government, OCI initiates unparalleled partnership opportunities, develops and manages successful industry-academic collaborations, supports high-potential SMEs in commercializing ground-breaking research, and provides hands-on training and skills development opportunities for the next generation of highly-skilled talent.

For more information, please see: https://www.oc-innovation.ca.

About Drone Delivery Canada Corp.
Drone Delivery Canada Corp. is an ISO 9001 certified, award-winning drone technology company focused on the design, development, and implementation of its proprietary logistics software platform, using drones. The Company's platform is used as a Software as a Service (SaaS) model for government and corporate organizations globally.

Drone Delivery Canada Corp. is a publicly listed company trading on the TSX.V Exchange under the symbol FLT, on the U.S. OTC QX market under the symbol TAKOF and on the Frankfurt exchange in Germany under the symbol A2AMGZ or ABB.F.

Read more at: www.DroneDeliveryCanada.com or on DDC's social media:

https://www.linkedin.com/company/drone-delivery-canada

https://www.youtube.com/dronedeliverycanada

https://www.facebook.com/dronedeliverycanada

https://www.instagram.com/dronedeliverycanada

https://twitter.com/DroneDeliveryCa

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Notice Regarding Forward Looking Information
Certain information set forth in this news release may contain forward-looking information that involves substantial known and unknown risks and uncertainties. Such statements often address expected future business and financial performance, financial condition, and other matters, and often contain words or phrases such as "expect," "may," "can," "believe," "forecast," "estimate," "goal," "target," "will," and other similar expressions, and variations or negatives of these words or phrases. This forward-looking information is subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, the impact of general economic conditions, industry conditions, market acceptance, and dependence upon regulatory approvals (both in Canada and internationally). Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward looking information. Except as may be required by applicable securities law, the parties undertake no obligation to update forward-looking information, whether as a result of new information, future events or otherwise.

SOURCE Drone Delivery Canada Corp.

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