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Drone Delivery Canada Corp. (V:FLT)

Business Focus: Commercial Aircraft Manufacturing

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Insider Chart - Past 6 Months

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Insider Filings

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

Nov 24, 2020 06:30 ET
Drone Delivery Canada Announces Letter of Intent With Drones Express Inc. for Condor Project
TORONTO, Nov. 24, 2020 /CNW/ - Drone Delivery Canada Corp. (TSXV: FLT) (OTC: TAKOF) (Frankfurt: A2AMGZ) or (Frankfurt: ABB.F) (the "Company" or "DDC") is pleased to announce that, with the assistance of its sales agent Air Canada (TSX: AC), it has executed a Letter of Intent ("LOI"), effective November 23rd, 2020, with Drones Express Inc. ("DEI"), for an expected multi-year, multi-route, Condor project in Quebec.
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Nov 18, 2020 06:30 ET
Drone Delivery Canada Announces Update on Successful Robin XL Testing
TORONTO, Nov. 18, 2020 /CNW/ - Drone Delivery Canada Corp. (TSXV: FLT) (OTC: TAKOF) (Frankfurt: A2AMGZ or ABB.F) (the "Company" or "DDC") is pleased to provide an update on ongoing successful testing of the Robin XL drone at the Company's 'Tranquility Base' test range.
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Valuation Ratios

Industry
Sector
Beta
N/A
--
--
Price to Sales - TTM
2,738.51
--
4.73
Price to Book - most recent quarter
10.56
10.56
3.04
Price to Cash Flow per share - TTM
--
--
10.77
Price to Free Cash Flow per share - TTM
--
--
16.47
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
Nov 15, 2020488,412374,706
Oct 31, 2020113,706-26,969
Oct 15, 2020140,675-63,215
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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