Air Canada Cargo to offer drone-delivery services

Air Canada Cargo will offer drone-based services thanks to a new agreement with Drone Delivery Canada (TSXV: FLT), a Toronto-based startup that makes autonomous cargo aircraft and a proprietary flight platform.

Drone Delivery Canada (DDC) announced the agreement on June 4. Air Canada (TSE: AC) will market and sell the company’s services, while DDC will build and operate up to 150,000 routes.

The deal represents a major leap for the drone maker in the early stages of commercializing its operations. Partnering with Canada’s largest airline and air cargo provider provides DDC a platform to expand well beyond successful pilot programs in select rural communities.