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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

Jul 17, 2019 07:45 ET
Drone Delivery Canada Awarded Its First US Patent for Its Proprietary Drone Delivery Technology
TORONTO, July 17, 2019 /CNW/ - Drone Delivery Canada 'DDC or the Company' (TSX.V:FLT, OTC – NASDAQ INTL:TAKOF),is pleased to announce on July 16, 2019, the United States Patent Office granted DDC Patent #: 10,351,239 which covers  DDC's proprietary FLYTE management software system along with its drone delivery technology and processes.
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Jul 09, 2019 08:00 ET
Dr. Sheldon Cheskes Joins Drone Delivery Canada's Advisory Board
TORONTO, July 9, 2019 /CNW/ - Drone Delivery Canada 'DDC or the Company' (TSX.V:FLT, OTC – NASDAQ INTL:TAKOF), is pleased to announce that Dr. Sheldon Cheskes has joined DDC's Advisory Board to assist in developing the Company's medical applications commercial strategy.
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Valuation Ratios

Industry
Sector
Beta
N/A
--
--
Price to Sales - TTM
--
--
4.77
Price to Book - most recent quarter
8.23
8.23
2.60
Price to Cash Flow per share - TTM
--
--
10.80
Price to Free Cash Flow per share - TTM
--
--
25.97
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
Jun 30, 2019332,440-199,918
Jun 15, 2019532,35877,533
May 31, 2019454,825-104,197
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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