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November 10, 2020

Drone Delivery Canada Tests/Evaluates Condor Drone Capabilities

DDC Expects To Complete Further Condor Testing In Q4 2020

Drone Delivery Canada (DDC) has provided an update on the Condor drone from successful testing at the Alma, Quebec Unmanned Aerial System Centre of Excellence. On Sept. 1, DDC announced that it had successfully tested several critical aspects of the Condor, including triple-redundant communications system (satellite, cellular, 900MHz RF); triple-redundant navigational guidance system; triple-redundant autopilot system; monitoring of unmanned flights remotely from DDC’s Operations Control Centre in Vaughan, Ontario; general flight stability and performance; and fuel consumption characteristics.

XCalibur Says They Want Textron For $60.50 Per Share

We saw an interesting news item this morning concerning a potential takeover bid for Textron... home of Cessna, Beech, Bell and other aviation icons. But... the bid apparently, isn't all that it might be -- especially when you consider the fact that the price per share was overtly generous. Textron, however, is NOT impressed. Monday morning, they put of public statements, noting that, "Textron Inc. today responded to a purported tender offer by XCalibur Aerospace Ltd. to acquire Textron’s common stock..."