TORONTO, July 07, 2025 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV:FLT) (OTCQX:TAKOF) (Frankfurt: ABB), a Canadian leader in aerial intelligence and cargo solutions, is pleased to announce the successful delivery of a fleet of tactical intelligence, surveillance, and reconnaissance (ISR) drone systems to a partner in NATO member country. The transaction, valued at approximately C$1.85 million, was completed last week, with all systems now fully delivered and operational. The contract is expected to be fulfilled at gross margins consistent with the Company's standard defense equipment supply.
The delivered drone systems are lightweight, tactical unmanned aircraft equipped with both thermal and visual sensors, enabling all-weather day/night operations. Optimized for short-range reconnaissance, the systems enhance frontline situational awareness and are well-suited for rapid deployment in dynamic operational environments.
"This delivery underscores our ability to contribute innovative and mission-ready technologies to allied defense operations," said Glen Lynch, CEO of Volatus Aerospace. "As global conflicts evolve, so does the need for agile, field-proven ISR capabilities."
This milestone reflects Volatus' expanding role in defense support and aligns with growing NATO investment in cost-effective, high-capability ISR platforms. The Company continues to pursue opportunities in Canada and with allied governments seeking scalable drone technologies that meet rigorous performance requirements in high-stakes environments.
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 www.volatusaerospace.com.
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 www.sedarplus.ca. 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, Chief Financial Officer
abhinav.singhvi@volatusaerospace.com
+1 833-865-2887
www.volatusaerospace.com
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