Drone Delivery Canada (OTCMKTS:TAKOF) Trading 6.5% Higher – Here’s Why

Shares of Drone Delivery Canada Corp. (OTCMKTS:TAKOFGet Free Report) shot up 6.5% on Thursday . The company traded as high as $0.4418 and last traded at $0.4385. 176,499 shares were traded during trading, a decline of 53% from the average session volume of 374,642 shares. The stock had previously closed at $0.4116.

Drone Delivery Canada Stock Up 6.5%

The company has a 50-day moving average price of $0.50 and a two-hundred day moving average price of $0.48.

Drone Delivery Canada Company Profile

(Get Free Report)

Drone Delivery Canada Inc (OTCMKTS:TAKOF) is a Canadian technology company that designs, engineers and operates an end-to-end drone logistics network. Founded in 2014 and headquartered in Vaughan, Ontario, the company focuses on delivering mission-critical payloads beyond visual line of sight (BVLOS) over land and water. Its integrated system combines proprietary unmanned aerial vehicles (UAVs), ground-based launch and landing stations (LLS), and a cloud-based operations platform to enable automated parcel transport in areas with limited or no road access.

At the core of Drone Delivery Canada’s offering is its fleet of heavy-lift drones capable of carrying payloads up to 10 kilograms per flight, supported by the High-Speed Aerial Logistics Operating System (HALOS) for route planning, scheduling and airspace management.

See Also

Receive News & Ratings for Drone Delivery Canada Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Drone Delivery Canada and related companies with MarketBeat.com's FREE daily email newsletter.