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CEO, Cameron Chell
Source: Global Banking and Finance

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  • Draganfly (DFLY) and Coldchain Delivery Systems have finalized a definitive agreement for medical delivery solutions worth C$750,000
  • The companies will develop, deploy and operate solutions for the delivery of medical supplies, medicine and vaccines
  • The agreement provides for phase one of a planned five-phase roll-out of a medical drone delivery service
  • Under phase two, Coldchain will commit to purchasing no less than US$625,000 in equipment and services from Draganfly
  • Coldchain Delivery Systems specializes in time and temperature-sensitive medical material management
  • Draganfly creates quality drone solutions, software and AI systems
  • Draganfly (DFLY) is down by 1.29 per cent and is currently trading at $1.53 per share

Draganfly (DFLY) and Coldchain Delivery Systems have finalized a definitive agreement for medical delivery solutions worth C$750,000.

The companies will develop, deploy and operate solutions for the delivery of medical supplies, medicine and vaccines.

The agreement provides for phase one of a planned five-phase roll-out of a medical drone delivery service, which will include working with regulatory bodies to obtain licenses for initial non-commercial beta test delivery routes.

Phase one has a value of C$125,000 and will be executed over a maximum of ten months.

Under phase two, Coldchain will commit to purchasing no less than US$625,000 in equipment and services from Draganfly.

Cameron Chell, CEO of Draganfly, commented,

"We are excited to develop a payload system that will leverage our extensive patent portfolio as well as secured auto-pilot and flight management systems. Coldchain Delivery Systems is a leader in healthcare supply chain management and we are looking forward to helping deliver via UAV medical supplies to remote areas."

Coldchain Delivery Systems specializes in time and temperature-sensitive medical material management. Clients include the Defense Logistics Agency, the Centers for Disease Control and ‎Prevention, Johnson & Johnson and the Chicago Department of ‎Public Health.

Draganfly creates quality drone solutions, software and AI systems.

Draganfly (DFLY) is down by 1.29 per cent and is currently trading at $1.53 per share as of 11:31 am ET.

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