Drone Delivery Canada ‘expresses interest’ in £9m funding opportunity

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Drone Delivery Canada has submitted an expression of interest to participate in Transport Canada’s National Trade Corridors Fund (NTCF) for a total request of £9m ($12m).

The company says it has made the request as part of a move which would see its drone delivery solution deployed in two remote locations.

Tony Di Benedetto, the firm’s CEO, explained the decision, he said: “The vision of the Canadian Federal Government to modernise and improve transportation across Canada’s north is consistent with DDC’s commercialisation strategy of servicing Canada’s remote communities.”

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He added: “Various government funding solutions exist to allow Canadian enterprise to help transform Canada’stransportation systems. DDC looks to capitalise on this type of funding as we commercialise our Drone delivery solution in 2019.”

The NTCF program sets out to help fund infrastructure projects in Canada that help improve the flow of goods and people in Canada, increasing the flow of trade in and out of Canada and help Canada’s transportation system better adapt to new technologies and innovation.

DDC’s funding request is for the NTCF’s northern call program which has dedicated up to $400 million for transportation infrastructure in the Territorial North.

The projects funded under this call will address transportation needs in the Territorial North, to improve safety, foster economic and social development and build on existing investments.

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Alex Douglas

The author Alex Douglas

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