Deveron UAS Corp shares fly higher as it's approved to operate drones across Canada

Shares in agriculture data firm Deveron UAS Corp (CSE:DVR, CSE:DVR.CN, CNSX:DVR) flew over 9% higher as it received the green light to operate small unmanned airborne vehicles – drones – across Canada.

It comes from the Minister, Transport Canada, pursuant to the Aeronautics Act.

The certificate is valid for aerial data collection and surveying throughout Canada, and meets the highest level of approvals under Transport Canada’s regulatory environment related to UAV activities.

Deveron is one of the first companies in the country to receive this status as well as one of the first to receive compliant approval using the senseFly eBee UAV system, it said.

“Our focus is to grow a standardized network of drones to enable scalable data collection at the enterprise level in agriculture,” said Deveron’s co-founder of UAS Agriculture, Norm Lamothe.

Jean-Christophe Zufferey, the chief executive of senseFly, added: “This award of national compliance is excellent news for Deveron UAS.

“The company has rapidly become a major and respected player on the North American agricultural scene and its SFOC will give it the flexibility required to continue servicing clients at scale.

“From our side, we are delighted to play a small part in the company’s ongoing success through producing fleet-friendly, end-to-end eBee drone platforms that Deveron’s team can rely on for accurate, consistent data collection across Canada and beyond.”

Shares in  Deveron gained 9.09% to C0.48.

Story by ProactiveInvestors