Latest news with #Volatus
The Market Online
24-07-2025
- Business
- The Market Online
Volatus stock takes off after Condor XL launch
(TSXV:FLT) launched its Condor XL heavy-lift drone program, marking a significant milestone in the evolution of autonomous logistics and national aerospace capabilities The Condor platform demonstrated strong potential for long-range, remote operations The global heavy-lift drone market is projected to reach US$1.4 billion by 2030 Volatus Aerospace stock (TSXV:FLT) last traded at $0.68 Volatus Aerospace (TSXV:FLT) launched its Condor XL heavy-lift drone program, marking a significant milestone in the evolution of autonomous logistics and national aerospace capabilities. This content has been prepared as part of a partnership with Volatus Aerospace Inc. and is intended for informational purposes only. Drawing on decades of helicopter operations experience, proprietary avionics development, and a renewed emphasis on rotorcraft-specific training, Volatus is introducing a next-generation platform designed to meet the growing global demand for autonomous, heavy-lift drone solutions. The Condor XL is engineered to carry payloads of up to 180 kilograms and travel distances of up to 200 kilometres, making it ideal for remote logistics, defense applications, and critical infrastructure support. The program's launch comes at a pivotal moment, aligning with recent public addresses by Prime Minister Mark Carney, who reaffirmed Canada's commitment to increased defense spending and the development of sovereign manufacturing capabilities. Volatus believes the Condor XL directly supports these national priorities, representing a strategic investment in dual-use technologies, domestic aerospace innovation, and resilient supply chains. Originally developed by Drone Delivery Canada (DDC), a company that Volatus merged with nearly one year ago, the Condor platform demonstrated strong potential for long-range, remote operations. Volatus has since enhanced the design, integrating advanced avionics and operational capabilities to create the Condor XL—a cornerstone of its broader strategy to deliver scalable, autonomous heavy-lift solutions. 'With our in-house team of experienced helicopter pilots, avionics engineers, and flight safety experts, we are well positioned to bring this platform to market,' Volatus Aerospace's CEO, Glen Lynch said in a news release. 'By merging traditional aviation expertise with advanced unmanned systems, we are driving the next wave of innovation in aerospace.' According to a recent Lucintel market report, the global heavy-lift drone market is projected to reach US$1.4 billion by 2030, growing at a compound annual growth rate of 13.4 per cent from 2024 to 2030. Key drivers include rising demand for aerial logistics, increased adoption in construction and infrastructure sectors, and expanding use in search and rescue operations. For a deeper dive into the company, check out this recent interview our Lyndsay Malchuk had with CEO Lynch to discuss the company's background, its technology, and how Volatus stands apart from all the rest. Volatus provides global aerial solutions for intelligence and cargo backed by a leadership team with more than 100 years of combined institutional knowledge in aviation. The company serves the oil and gas, utilities, healthcare and public safety industries. (Volatus Aerospace Inc. stock chart – July 2024 to July 2025.) Volatus Aerospace stock (TSXV:FLT) closed 4.62 per cent higher at $0.68 and has flown more than 265 per cent higher than where it was this time last year. Join the discussion: Find out what the Bullboards are saying about Volatus Aerospace and check out Stockhouse's stock forums and message boards. Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here .
The Market Online
08-07-2025
- Business
- The Market Online
Breaking news: NATO order for Volatus Aerospace
Volatus Aerospace (TSXV:FLT), a drone specialist for reconnaissance and cargo transport, announced an order from a NATO country overnight. The Company delivered a drone system for short-range reconnaissance, valued at USD 1.85 million. Equipped with thermal imaging cameras and other visual sensors, the unmanned aerial vehicles can be deployed in all weather conditions and at any time of day or night. ' This delivery underscores our ability to provide innovative and mission-ready technologies to support the defense operations of our allies ,' said Glen Lynch, Chief Executive Officer of Volatus Aerospace. ' As global conflicts evolve, the need for agile, battle-tested ISR capabilities is growing .' The contract is particularly significant for Volatus Aerospace because it highlights the Company's ability to meet the growing demands of the expanding defense market for drones and unmanned aerial systems with its solutions. This article is presented in partnership with Apaton Finance GmbH. It is a sponsored communication intended to inform investors and should not be taken as a recommendation or financial advice. Volatus Aerospace supplies NATO – Civilian solutions are also available Volatus Aerospace (TSXV:FLT) offers solutions for both civilian and military drone applications. In addition to inspecting bridges and pipelines, monitoring combat zones and borders is also playing an increasingly important role. Volatus Aerospace also offers transport drones. These drones can deliver urgently needed civilian goods to their destinations or help provide supplies in difficult situations in the field. The commercial drone market has experienced strong growth in recent years. This was also due to standardized regulations. Volatus Aerospace has worked with other aviation companies to promote uniform standards and is now reaping the benefits – the order from a NATO country demonstrates that Volatus products are compatible with existing systems. Market for drones to grow rapidly from 2025 – Volatus is perfectly positioned According to experts at Research and Markets, the market for commercial drones is expected to grow from USD 41.894 billion to USD 84.26 billion between 2025 and 2030 alone. This corresponds to an annual growth of around 15%. Just last week, Volatus Aerospace announced an order for professional drone training worth a total of USD 560,000, also for the military of a NATO country. Both orders demonstrate that Volatus Aerospace is a serious provider of modern drone systems and related services. The share price has already risen dynamically in recent weeks. However, analysts consider the current valuation to be in line with the business performance: The Company, which carried out 4,000 surveillance and 700 transport flights and trained 3,000 drone pilots in 2024, is reporting solid revenue and, according to management, has a well-filled order pipeline. Analysts at Ventum Capital Markets see the Company in the black with a P/E ratio of 24 by 2027 – an attractive valuation for a growth company that has proven itself competitive in a billion-dollar market. Conflict of interest Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as 'Relevant Persons') currently hold or hold shares or other financial instruments of the aforementioned companies and speculate on their price developments. In this respect, they intend to sell or acquire shares or other financial instruments of the companies (hereinafter each referred to as a 'Transaction'). Transactions may thereby influence the respective price of the shares or other financial instruments of the Company. In this respect, there is a concrete conflict of interest in the reporting on the companies. 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All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein.
Hamilton Spectator
28-06-2025
- Business
- Hamilton Spectator
Volatus Announces Closing of Previously Announced Upsized and Fully Subscribed LIFE Offering of $5,000,000
Not for distribution to United States newswire services or for dissemination in the United States. TORONTO, June 27, 2025 (GLOBE NEWSWIRE) — Volatus Aerospace Inc. (TSXV:FLT) (OTCQX:TAKOF) (Frankfurt: ABB) ('Volatus' or the 'Company') is pleased to announce that it has closed its previously announced upsized and fully subscribed non-brokered listed issuer financing exemption (LIFE) private placement (the 'LIFE Offering'). The Company issued 25,000,000 units of the Company ('Units') at a price of $0.20 per Unit for gross proceeds of $5,000,000. Each Unit is comprised of one common voting share in the capital of the Company ('Common Share') and one-half of one Common Share purchase warrant of the Company (each whole warrant, a 'Warrant'). Each Warrant entitles the holder thereof to purchase one Common Share (each, a 'Warrant Share') at an exercise price of $0.30 per Warrant Share for a period of 36 months following the date of issuance. The Company intends to use the net proceeds of the LIFE Financing for expansion into global markets, investment into Arctic and remote operations infrastructure, inventory, and general corporate and working capital purposes. In connection with the LIFE Offering, the Company paid an aggregate of $300,000 as finder's fees to certain persons who assisted the Company with the LIFE Offering. The LIFE Offering is subject to final approval of the TSX Venture Exchange ('TSXV'). The Units issued under the LIFE Offering were offered to purchasers pursuant to the listed issuer financing exemption (LIFE) under Part 5A of National Instrument 45-106 Prospectus Exemptions and therefore the securities issued to such purchasers are not subject to a hold period pursuant to applicable Canadian securities laws. There is an Offering Document related to the LIFE Offering that can be accessed under the Company's profile at and on the Company's website at . This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities being offered have not been, nor will they be, registered under the U.S. Securities Act of 1933, as amended (the '1933 Act') or under any U.S. state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act, as amended, and applicable state securities laws. About Volatus Aerospace Inc. Volatus is a leader in innovative global aerial solutions for intelligence and cargo. With over 100 years of combined institutional knowledge in aviation, Volatus provides comprehensive solutions using both piloted and remotely piloted aircraft systems for a wide array of industries, including oil and gas, energy utilities, healthcare, public safety, and infrastructure. The Company is committed to enhancing operational efficiency, safety, and sustainability through cutting-edge aerial technologies. For more information, visit . Forward-Looking Statements Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding TSXV approval of the LIFE Offering; use of proceeds from the LIFE Offering; and the business, strategy, products, corporate vision, plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as 'plans', 'expects', 'is expected', 'budget', 'scheduled', 'estimates', 'forecasts', 'predicts', 'intends', 'targets', 'aims', 'anticipates' or 'believes' or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions 'may', 'could', 'should', 'would', 'might' or 'will' be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals, including but not limited to approval of the TSXV. Certain material assumptions regarding such forward-looking statements may be discussed in this news release and the Company's annual and quarterly management's discussion and analysis filed at . Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable law. For further information, please contact: Abhinav Singhvi, CFO of Volatus +1 833-865-2887 Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
The Market Online
25-06-2025
- Business
- The Market Online
Soaring drone stock adds momentum with national contract
Volatus Aerospace (TSXV:FLT) signed a national crop-intelligence contract with a top agricultural technology provider in North America The contract will see Volatus conduct multispectral aerial surveys across 21 agricultural sites in Alberta, Ontario, Manitoba and Quebec Volatus provides global aerial solutions for intelligence and cargo serving the oil and gas, utilities, healthcare and public safety industries Volatus Aerospace stock is trending higher, adding 100 per cent in June and 67.6 per cent since merging with Drone Delivery Canada in August 2024 Volatus Aerospace (TSXV:FLT) signed a national crop-intelligence contract with a top agricultural technology provider in North America. The contract will see Volatus conduct multispectral aerial surveys across 21 agricultural sites in Alberta, Ontario, Manitoba and Quebec. Each site will undergo two surveys at strategic moments in the growing season, shedding light on how to best optimize for crop health as well as performance. The contract expands the company's exposure to precision agriculture, 'one of the fastest-growing applications of drone and remote sensing technology,' according to Wednesday's news release, which Agriculture and Agri-Food Canada views as 'key to addressing challenges such as sustainable food production, rising input costs and the need for improved yields.' Leadership insights 'This contract showcases Volatus' unique ability to scale drone operations efficiently across Canada,' Glen Lynch, Volatus Aerospace's chief executive officer, said in a statement. 'Our growing network of local teams enables rapid mobilization in rural and remote areas, and this project sets the stage for future innovation using remotely operated and autonomous nested drone solutions to support the evolving needs of smart agriculture.' Since merging with Drone Delivery Canada in August 2024, Volatus has grown revenue by over 21 times from C$1.24 million in 2023 to C$27.15 million in 2024, including record blended gross margins of 38 per cent in Q4 2024. The company followed this up with C$5.71 million in revenue in Q1 2025, supported by a 30 per cent year-over-year improvement in adjusted EBITDA to a loss of C$978,000, adding conviction to its path to profitability. Volatus stock has added 100 per cent in June, driven by strong Q1 results, a follow-on investment from Investissement Québec, and an oversubscribed C$5 million financing to allow it to advance a growing number of partnerships under its purview. Should the company's balance sheet and income statements continue to improve, look for this upward trend to continue, with buy-the-dip opportunities remaining in play given the stock's minimal market capitalization and inconsistent liquidity. About Volatus Aerospace Volatus provides global aerial solutions for intelligence and cargo backed by a leadership team with more than 100 years of combined institutional knowledge in aviation. The company serves the oil and gas, utilities, healthcare and public safety industries. Volatus Aerospace stock (TSXV:FLT) is down by 12.31 per cent on the news trading at C$0.28 as of 10:51 am ET. The stock has added 67.6 per cent since merging with Drone Delivery Canada in August 2024. Join the discussion: Find out what everybody's saying about this drone stock on the Volatus Aerospace Inc. Bullboard and check out Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
The Market Online
19-06-2025
- Business
- The Market Online
In an increasingly volatile word, this Canadian drone company is shoring up more strength
Volatus Aerospace (TSXV:FLT) announced a major financial boost with a C$3 million investment from Investissement Québec This new funding increases the total support from the Québec government agency to C$10.5 million, up from the original C$7.5 million announced in October 2024 Volatus plans to use the funds to grow its operations and speed up the development of its drone and aerial technologies in key industries Volatus Aerospace stock (TSXV:FLT) last traded at $0.23 Volatus Aerospace (TSXV:FLT) announced a major financial boost with a C$3 million investment from Investissement Québec. This new funding increases the total support from the Québec government agency to C$10.5 million, up from the original C$7.5 million announced in October 2024. The investment comes in the form of a convertible debenture—a type of loan that can be turned into company shares. This debenture has a five-year term, carries an annual interest rate of 12.5 per cent, and gives Investissement Québec the option to convert the loan into Volatus shares at a price of $0.202 per share. Volatus plans to use the funds to grow its operations and speed up the development of its drone and aerial technologies in key industries like oil and gas, energy utilities, public safety, and infrastructure. The company also aims to expand its services globally, especially as geopolitical tensions highlight the need for secure, local aerial solutions. In a media statement, the company further elaborated, 'Volatus will also gain additional financial flexibility as it seeks to grow its services business globally. Global geopolitical turmoil has put a renewed focus on securing local assets, and Volatus' platforms and technology can play a key part of this strategy at scale and cost.' In that news release, CEO Glen Lynch called this additional support from Investissement Québec, a great vote of confidence as the team continues to grow in its target markets. 'This financing will enable the company to achieve our near-term profitability goal and reinforce our base from which to go after global projects,' he said. Volatus provides global aerial solutions for intelligence and cargo serving the oil and gas, utilities, healthcare and public safety industries. Volatus Aerospace stock (TSXV:FLT) last traded at $0.23 and has risen 58.62 per cent since the year began, and it is flying 15.00 per cent higher than where it was this time last year. Join the discussion: Find out what everybody's saying about this drone stock on the Volatus Aerospace Inc. Bullboard and check out Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
