Transport Canada

Draganfly Reports its 2023 Results

Retrieved on: 
Wednesday, March 27, 2024

Saskatoon, SK., March 27, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce its fourth quarter and fiscal 2023 financial results.

Key Points: 
  • Saskatoon, SK., March 27, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce its fourth quarter and fiscal 2023 financial results.
  • The financial year 2023 was a transition year for Draganfly as 2023 marked new production capacity coming online along with the commercialization of its flagship Commander 3XL and Heavy Lift Drone platforms.
  • As a percentage of sales, gross margin increased from 10.4% in 2022 to 31.5% in 2023.
  • Draganfly announced record third-quarter results for 2023, recording revenue of $2,138,017, which marked a 14.0% increase from the same period the previous year.

ANOTHER IMPORTANT MILESTONE IN H55'S PATH TO PRODUCT CERTIFICATION

Retrieved on: 
Tuesday, March 26, 2024

SION, Switzerland, March 26, 2024 /PRNewswire/ -- H55, a pioneering leader in electric aviation, is pleased to announce a significant milestone in its pursuit of certifying its electric motor technology. The European Union Aviation Safety Agency (EASA) has agreed to H55's Compliance Check list (CCL) for its electric motor and motor controller, demonstrating the safety and performance of the entire electric propulsion management system (EPS).

Key Points: 
  • Headquartered in Switzerland, H55 is at the forefront of electric aviation, specializing in electric propulsion, battery storage, and energy management solutions.
  • The newly established agreement with EASA marks another important achievement in H55's mission to revolutionize clean aviation.
  • It is a crucial step in securing formal certification of H55's complete electric propulsion system and an important recognition by the certification authorities on the reliability and capabilities of the company's propulsion solutions.
  • H55 takes pride in being one of the first European electric aviation companies to successfully navigate this critical phase in the certification process.

Minister of Transport announces funding to relieve congestion in supply chains and enhance infrastructure at the Port of Montréal

Retrieved on: 
Monday, March 25, 2024

Investing in more efficient and resilient supply chains will ensure that Canadian consumers have access to the affordable goods they need, when they need them.

Key Points: 
  • Investing in more efficient and resilient supply chains will ensure that Canadian consumers have access to the affordable goods they need, when they need them.
  • Today, the Minister of Transport and Quebec Lieutenant, Pablo Rodriguez, announced an investment of up to $16.75 million for a project at the Port of Montréal under the National Trade Corridors Fund.
  • The rehabilitation of the railway bridge, including the fourth track, involves adding 500 metres into the railway network of the bridge.
  • "This investment at the Port of Montréal will strengthen supply chains and make life more affordable for Canadians.

Transport Canada announces a modernized agreement with the St. Lawrence Seaway Management Corporation

Retrieved on: 
Friday, March 22, 2024

Today, the Minister of Transport, Pablo Rodriguez, and Terence Bowles, President and CEO of the St. Lawrence Seaway Management Corporation, announced that they signed an agreement for the Corporation—a not-for-profit organization—to continue managing, maintaining, and operating the Seaway, which it has done since 1998.

Key Points: 
  • Today, the Minister of Transport, Pablo Rodriguez, and Terence Bowles, President and CEO of the St. Lawrence Seaway Management Corporation, announced that they signed an agreement for the Corporation—a not-for-profit organization—to continue managing, maintaining, and operating the Seaway, which it has done since 1998.
  • "I am thrilled to kick-off the 66th navigation season on the St. Lawrence Seaway with a renewed agreement with the Canadian Government.
  • The signing of this agreement follows the St. Lawrence Seaway Review, which was launched by Transport Canada in 2017, to ensure the Seaway continues to be strategically positioned as a critical transportation corridor for North America.
  • Transport Canada published a What We Heard Report summarizing the findings of the Seaway Review.

Onboard Systems Announces Blackcomb Helicopters as Canadian Launch Customer for Forthcoming Medium Bell HEC Dual Cargo Hook System

Retrieved on: 
Wednesday, February 28, 2024

VANCOUVER, BC, Feb. 28, 2024 /PRNewswire/ -- Onboard Systems International, LLC, a leading provider of innovative helicopter cargo hook equipment, announced that Blackcomb Helicopters LP of British Columbia, Canada, has committed to purchase four Medium Bell HEC Dual Cargo Hook Systems at the 2024 HAI Heli-Expo in Anaheim, California.

Key Points: 
  • VANCOUVER, BC, Feb. 28, 2024 /PRNewswire/ -- Onboard Systems International, LLC, a leading provider of innovative helicopter cargo hook equipment, announced that Blackcomb Helicopters LP of British Columbia, Canada, has committed to purchase four Medium Bell HEC Dual Cargo Hook Systems at the 2024 HAI Heli-Expo in Anaheim, California.
  • Onboard's Medium Bell HEC Dual Cargo Hook System is in development and is expected to receive FAA and Transport Canada STC certification by the end of 2024.
  • "In addition to the recently developed Bell 429 HEC system, we've had numerous operators request a medium Bell dual cargo hook HEC system," said Mike Fox, Vice President of Sales & Marketing at Onboard Systems.
  • Onboard's new medium Bell HEC Dual Cargo Hook System will be certified to meet the requirements of 14 CFR 29.865 for Human External Cargo (HEC) for the Bell 204B, Bell 205A, Bell 212, Bell 412, and UH-1 models.

Onboard Systems Announces Canadian Launch Customers for its Airbus AS365/EC155 Cargo Hook Kit

Retrieved on: 
Tuesday, February 27, 2024

The new Airbus AS365/EC155 Replacement Cargo Hook Kit is expected to receive FAA and Transport Canada STC certification this summer and will also be submitted to the Japan Civil Aviation Bureau (JCAB) for certification.

Key Points: 
  • The new Airbus AS365/EC155 Replacement Cargo Hook Kit is expected to receive FAA and Transport Canada STC certification this summer and will also be submitted to the Japan Civil Aviation Bureau (JCAB) for certification.
  • "Onboard has had a number of operator requests over the past few years for a replacement cargo hook kit for the Airbus AS365/EC155," said Mike Fox, Vice President of Sales & Marketing at Onboard Systems.
  • "Our pilots, ground crew, and maintenance team really likes working with Onboard's cargo hook systems," said Zvonko Dancevic, Accountable Executive at Qwest Helicopters.
  • Onboard's new replacement cargo hook kit for the Airbus AS365/EC155 (P/N 200-498-00) features Onboard's signature TALON® Keeperless Cargo Hook.

Meeker Aviation Receives EASA Certification for EC-145 C2/D2 & D3 Step Mount

Retrieved on: 
Monday, February 26, 2024

OCEANSIDE, Calif., Feb. 26, 2024 /PRNewswire/ -- Meeker Aviation, a leading provider of aircraft payload mounts, today announced that it has received EASA approval for its Utility Step Mount for all models of the Airbus H145 aircraft, including the newest D3 variant.

Key Points: 
  • OCEANSIDE, Calif., Feb. 26, 2024 /PRNewswire/ -- Meeker Aviation, a leading provider of aircraft payload mounts, today announced that it has received EASA approval for its Utility Step Mount for all models of the Airbus H145 aircraft, including the newest D3 variant.
  • This Utility Step Mount has already received FAA and Transport Canada certification.
  • "Our very popular H145/BK117 Utility Step Mount provides operators with a robust design, dual payload capability, and exceptional camera stability," said Cal Meeker, President of Meeker Aviation.
  • "We are pleased to now be able to offer this product to our customers worldwide so that they can take advantage of the many benefits our side step mount provides."

THE FINAL HOME STRETCH FOR H55'S BATTERY PACK CERTIFICATION

Retrieved on: 
Thursday, February 22, 2024

SION, Switzerland, Feb. 22, 2024 /PRNewswire/ -- H55, a pioneering leader in electric aviation, is pleased to announce EASA's acceptance of its battery pack Compliance Check List (CCL).

Key Points: 
  • SION, Switzerland, Feb. 22, 2024 /PRNewswire/ -- H55, a pioneering leader in electric aviation, is pleased to announce EASA's acceptance of its battery pack Compliance Check List (CCL).
  • H55, headquartered in Switzerland, stands at the forefront of electric propulsion, battery storage, and energy management solutions.
  • It is a critical step towards formal certification of H55's Electric Propulsion System (EPS) and an important recognition by the certification authorities on the reliability and capabilities of the company's propulsion solutions.
  • H55 is proud to be one of the first European electric aviation companies to successfully pass this critical phase in the certification process.

TSB raising the bar on safety: Reducing the risks that persist in commercial helicopter operations

Retrieved on: 
Thursday, February 15, 2024

This led to an unexpected loss of visual reference to the horizon, also known as inadvertent flight into instrument meteorological conditions (inadvertent IMC).

Key Points: 
  • This led to an unexpected loss of visual reference to the horizon, also known as inadvertent flight into instrument meteorological conditions (inadvertent IMC).
  • While the pilot was likely attempting to visually manoeuvre the helicopter in response to inadvertent flight into IMC, an unintentional descent resulted in the helicopter colliding with terrain.
  • "For more than 30 years, the TSB has been calling for the implementation of safety measures to mitigate the risks that persist in helicopter reduced visibility operations.''
  • [A24-01]
    require commercial helicopter operators to implement technology that will assist pilots with the avoidance of, and recovery from, inadvertent flight into IMC.

Government of Canada hosts National Summit on Combatting Auto Theft

Retrieved on: 
Thursday, February 8, 2024

Discussions held at the Summit focused on finding solutions to the growing challenge of auto theft in Canada.

Key Points: 
  • Discussions held at the Summit focused on finding solutions to the growing challenge of auto theft in Canada.
  • Transport Canada will modernize the Canadian Motor Vehicle Safety Standards to ensure they consider technological advancements to deter and prevent auto theft.
  • "I want to thank all participants in today's Summit for coming together with one objective in mind – combatting auto theft.
  • Canada has strong laws in place to address auto theft at various stages of the crime.