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Drone Delivery Canada Corp. (V:FLT)

Business Focus: Commercial Aircraft Manufacturing

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Insider Chart - Past 6 Months

Insider Filings

Latest 10 SEDI filings for FLT within the last 6 months
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Company News

Sep 10, 2019 07:45 ET
Drone Delivery Canada Announces Commercial Agreement with Vision Profile
TORONTO, Sept. 10, 2019 /CNW/ - Drone Delivery Canada Corp. (TSXV: FLT, OTC: TAKOF) (the "Company" or "DDC") is pleased to announce that with the assistance of its sales agent Air Canada Cargo (TSX: AC),  it has entered into a commercial agreement dated September 9, 2019 (the "Agreement") with Vision Profile Extrusions Limited ("Vision"), a prominent manufacturing company, to deploy a drone delivery platform for the use of Vision between its properties in Vaughan, Ontario.
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Sep 05, 2019 07:45 ET
Drone Delivery Canada Opens New Commercial Operations Center
TORONTO, Sept. 5, 2019 /CNW/ - Drone Delivery Canada 'DDC or the Company' (TSX.V: FLT, OTC – NASDAQ INTL: TAKOF), is pleased to announce completion of DDC's new commercial operations center, the first of its kind globally, located in Vaughan, Ontario which is now open and ready for operations. 
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Valuation Ratios

Industry
Sector
Beta
N/A
--
--
Price to Sales - TTM
--
--
3.62
Price to Book - most recent quarter
8.61
8.61
2.34
Price to Cash Flow per share - TTM
--
--
9.37
Price to Free Cash Flow per share - TTM
--
--
24.01
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
Aug 31, 201957,987-135,054
Aug 15, 2019193,041121,709
Jul 31, 201971,3325,559
See Short Report

Business Summary

Sector:  Industrials Industry:  Aerospace & Defense

Drone Delivery Canada Corp., formerly Asher Resources Corporation, is a drone technology company. The Company focuses on the design, development and implementation of a commercial drone logistics platform for restaurants, pharmacies, service organizations and retailers, among others. Its flight systems cover various aspects of an unmanned aerial vehicle (UAV) from the operational component and integrate the logistics integration. The operational platform includes operational guidance, route planning, geo-fencing, alerts, telemetry, maintenance, logs, and preventative maintenance scheduling and tracking. It also integrates Super Materials, such as Graphene and Carbon Fiber, into its cargo drone units to develop logistics platform. The drone delivery services include Depot to Depot that focuses on rural applications providing services from warehouse to warehouse, and Depot to Consumer offering logistics services from a retailer/warehouse direct to a consumers home or business location.

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