DDC Secures Investment from Downsview Aerospace Innovation & Research Green Fund

Drone Delivery Canada Corp. (DDC) is delighted to announce that it has been awarded up to $75,000 in funding from the Downsview Aerospace Innovation and Research (DAIR) Green Fund to support its environmentally friendly drone delivery solution. The company was chosen as one of eight recipients of this funding in 2022, following a rigorous application process.

The DAIR Green Fund, backed by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), aims to bolster collaborative projects that showcase the future of aerospace through sustainable and green aviation technologies. The funding will be allocated to cover some of the operating costs for DDC’s Care by Air project, as well as the expenses related to regulatory approvals required for progressing towards beyond visual line of sight (BVLOS) operations. BVLOS will enable the operation of more intricate routes while reducing the need for human resources, allowing DDC to expand its projects and routes.

The Honourable Filomena Tassi, Minister Responsible for the Federal Economic Development Agency for Southern Ontario, emphasized the importance of supporting businesses that spearhead sustainable innovations to help Canada’s aerospace industry grow and maintain global competitiveness. She also noted the government’s commitment to pursuing a greener economy that benefits everyone.

DDC’s CEO, Steve Magirias, expressed gratitude for being selected as one of the eight organizations to receive funding from the DAIR Green Fund. He stated that the funds would be used to enhance the company’s BVLOS capabilities and approvals, which align with both DDC’s and DAIR Green Fund’s missions of developing and commercializing sustainable innovations for customers.

For further information on DDC’s Care by Air project, visit: https://dronedeliverycanada.com/press-releases/ddc-care-by-air-project-with-halton-healthcare-dsv-canada-commercially-operational/

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