MONTRÉAL, March 02, 2026 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV: FLT | OTCQX: TAKOF | FSE: ABB.F) ("Volatus" or the "Company"), a Canadian aerospace and defence company delivering integrated uncrewed systems and mission-critical operational services, today announced the launch of SKYDRA, the Company's first Software-as-a-Service (SaaS) platform designed to support counter-unmanned aircraft system (CUAS) operational planning and simulation.
SKYDRA introduces a digital capability within the Volatus defence portfolio designed to support structured planning, simulation, and readiness exercises for counter-drone operations. The platform is supported by patent-pending intellectual property and represents an expansion of the Company's software and recurring revenue initiatives.
Recent global developments have demonstrated the increasing use of unmanned aerial systems in asymmetric conflict and against critical infrastructure, reinforcing the need for advanced planning, training, and decision-support tools. SKYDRA is designed to provide organizations with a secure virtual environment to conduct structured planning, simulation, and table-top exercises before operational deployment.
Industry Reports estimate the global counter-UAS market could exceed $20 billion by 2030, driven by increasing demand for airspace security, defence modernization, and protection of critical infrastructure.
The platform is intended for use by armed forces, public safety agencies, and operators of sensitive infrastructure including airports, ports, energy facilities, and other strategic sites.
Glen Lynch, Chief Executive Officer of Volatus Aerospace, stated: "The global threat landscape involving unmanned systems continues to evolve. SKYDRA represents an important milestone for Volatus as our first SaaS platform and establishes a recurring software revenue stream within our defence strategy. By enabling virtual planning and readiness exercises, we are expanding our ability to support customers beyond hardware into digital operational capability."
SKYDRA will be offered under subscription-based licensing structures, including enterprise deployments and evaluation programs. The Company expects the platform to complement its broader CUAS and aerospace capabilities.
Further commercial updates will be provided as material agreements are executed.
About Volatus Aerospace
Volatus Aerospace Inc. is a Canadian-based global aerospace and defence company delivering crewed and uncrewed aerial systems, manufacturing, advanced autonomy capabilities, and mission-critical operational services. The Company provides aerial intelligence, inspection, logistics, surveillance, training, and autonomous aerial solutions supporting infrastructure, energy, public safety, healthcare, and government operations.
Forward-Looking Information
This news release contains statements that constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs, and current expectations of the Company with respect to future business activities, events, developments and operating performance. Often, but not always, forward-looking information and forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "seeks", "strategy" or "believes" or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results "may", "could", "would", "might" or "will" (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding: (i) the business plans, business outlook and expectations of the Company; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial, and economic data and operating plans, strategies, or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Company, including information obtained from third-party industry analysts and other third-party sources, and are based on management's current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information and forward-looking statements reflect the Company's current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include but are not limited to: the commercialization of drone flights beyond visual line of sight and potential benefits to the Company; and meeting the continued listing requirements of the TSXV. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.
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For additional Information, please contact:
Rob Walker, Chief Commercial Officer
+1-833-865-2887
investorrelations@volatusaerospace.com
COMPANY WEBSITE
https://volatusaerospace.com
SOURCE: Volatus Aerospace Inc.
