Delta Drone International to Expand Its Australian globenewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globenewswire.com Daily Mail and Mail on Sunday newspapers.
● Successful merger between ParaZero and Delta Drone South Africa
● Raised A$5 million at $0.04 a share following strong support from domestic and international investors
● Funds to be used to establish Australian operations, initially targeting local mining and agricultural industries for the Company’s commercial drone data services
● Delta Drone International well placed to take advantage of US Department of
Transportation Federal Aviation Administration (FAA) final rules for Unmanned Aerial Systems (UAS), for Operations Over People (OOP), Remote ID, and Night Operations.
Drone based data systems provider, Delta Drone International Limited (ASX:DLT) is pleased to provide a business update for the quarter ending 31 December 2020 (Q4 2020), along with its
Delta Drone International relists on the ASX
Highlights
Raised $5 million at $0.04 a share following strong support from domestic and international investors
Funds to be used to establish Australian operations, initially targeting local mining and agricultural industries
Delta Drone International well placed to take advantage of US Department of Transportation Federal Aviation Administration (FAA) final rules for Unmanned Aerial Systems (UAS), for Operations Over People (OOP), Remote ID, and Night Operations.
Name and ticker code changed to Delta Drone International Limited and DLT earlier this month
Delta Drone International Limited (ASX: DLT, Delta Drone or the
Company), Australia s first listeddrones-as-a-service company, re-commences trading on the ASX today following the successful merger between world-leading drone safety company ParaZero and international drone services provider Delta Drone South Africa.