AI assistant
ROCKETDNA LTD. — Regulatory Filings 2021
May 17, 2021
65709_rns_2021-05-17_67e81ca6-cdca-4629-beee-e2d99d284f26.pdf
Regulatory Filings
Open in viewerOpens in your device viewer
==> picture [97 x 74] intentionally omitted <==
ASX Announcement
DELTA DRONE INTERNATIONAL’S PARAZERO EXPANDS INTO SOUTH AFRICA WITH ENTERPRISE MINING CONTRACT
Highlights:
-
Delta Drone International’s safety specialist brand, ParaZero, has signed its first customer contract in South Africa to provide its SafeAir drone parachute technology to the enterprise mining sector
-
The contract with a leading South African mining company, will see ParaZero’s patented SafeAir drone parachutes installed in onsite drones to enhance safe work practices
18 May 2021 – Global drones-as-a-service provider, Delta Drone International ‘s (ASX:DLT) safety specialist brand, ParaZero, has signed its first customer contract in South Africa with Kumba Iron Ore Limited (“ Kumba” ) (a subsidiary of Anglo-American) for its patented SafeAir drone parachute technology.
Kumba will deploy ParaZero’s SafeAir at scale to enhance its drone safety practises, with the technology comprising independent sensors to constantly monitor and analyse a drone’s flight patterns, so in the unlikely event of a drone failure, a parachute is automatically activated to land safely – including over people and moving vehicles. The revenue from this contract is insignificant in value and has normal termination clauses for non-performance.
This sales contract is reflective of the synergy benefits of the combined Delta Drone and ParaZero businesses and represents great potential for additional sales of ParaZero’s market leading technology through the industry networks of its parent entity, Delta Drone SA (France), as the company increases the international footprint of its specialist business units covering safety, compliance, training and drone service operations in all commercial sectors and environments.
Commenting on the agreement, Delta International CEO, Christopher Clark said:
“Leveraging the contacts of our parent entity, Delta Drone SA (France) to sign ParaZero’s first customer contract in South Africa moves us a step closer to achieving our goal of becoming a truly international drones-as-a-service provider.”
“Ensuring our customers’ inhouse drone systems not only comply but exceed the most stringent safety standards set by the world’s civil aviation regulators is of the upmost importance to our business and is a testament to our research and development team who consistently work to create the newest innovations in drone safety technology.”
“As the world continues to further embrace drone technology, we will continue to play a leading role in helping the drone industry ensure safety and compliance through our patented safety solutions.”
Delta Drone International Limited | ABN 17 618 678 701 T +61 8 6189 1155 | A: Level 27, 101 Collins Street, Melbourne VIC 3000
This announcement has been authorised for release by the Board of Delta Drone International Limited.
-ENDS-
For more information, please contact:
Corporate Investors Stephen Buckley Eric Kuret, Executive Director @ Market Eye Company Secretary P: +61-417 311 335 +61 (0)8 6189 1155 E: [email protected]
Media
Tristan Everett, Director @ Market Eye P: +61-403 789 096 E: [email protected]
About Delta Drone International
Delta Drone International is a multinational drone-based data service and technology solutions provider for the mining, agricultural and engineering industries. It provides aerial surveying and mapping, security and surveillance, and blast monitoring and fragment analysis through a fullyoutsourced service with AI and fast data turnaround that allows enterprise customers to focus on operations on the ground while Delta Drone International takes care of everything in the air.
It has in-house enabling proprietary technology, an R&D and integration centre and specialist expertise in designing, developing and providing best-in-class autonomous safety systems for commercial drone deliveries, drone flights for crowd monitoring and in urban areas, as well as ‘beyond visual line of sight’ (BVLOS) missions.
For more information, please visit https://www.dlti.com.au/
Page 2 | 2