Volatus Aerospace Inc Stock Price, News & Analysis

Volatus Aerospace reported its Q4 and fiscal year 2024 results, achieving $27.1 million in total revenue with a record 38% gross margin in Q4. The company saw 16% year-over-year growth in services and technology revenue, reaching $19.3 million in FY2024.

Key highlights include:

• Near-breakeven normalized EBITDA of -$206,900 in Q4 2024
• Realized $3.77 million in cost synergies following merger with Drone Delivery Canada
• Active sales pipeline exceeding $600 million
• Secured agreement to convert $2.65 million of debt to equity

The company completed strategic acquisitions of UAVHub and The Drone Mentor, expanded globally to UK, India, and Norway, and secured a $15M financing backed by Investissement Québec and Export Development Canada. Volatus maintains focus on higher-margin services and technology while streamlining operations post-merger.

Volatus Aerospace (TSXV: FLT) (OTCQX: TAKOF) has successfully completed a demonstration order for a G-20 nation's defense organization on April 23, 2025. The demonstration featured two critical mission profiles: a Tactical Intelligence, Surveillance, and Target Acquisition (ISTA) mission and a Long-Endurance Surveillance and Reconnaissance mission.

The company delivered two advanced drone systems: a fixed-wing VTOL drone for covert surveillance and a nano drone for discreet reconnaissance. Following successful trials, Volatus is positioned to be shortlisted for follow-on contracts with a potential value of up to USD $8 million. However, the process remains competitive with no guaranteed contract award.

Volatus Aerospace (TSXV: FLT) (OTCQX: TAKOF) has received approval from two major North American oil and gas companies to provide drone-based aerial services for critical energy infrastructure. The approval, granted last week following a comprehensive flight operations review, enables Volatus to perform various services including emergency callouts, pipeline surveillance, leak detection, magnetometry, and asset inspections.

The company will utilize remotely piloted aircraft systems (RPAS) in coordination with their existing traditional aircraft surveillance services. According to internal forecasts, the integration of drone operations into Volatus' oil and gas surveillance portfolio could increase revenue in this segment by up to 20% while maintaining typical operating cost profiles.

Volatus Aerospace (TSXV: FLT) (OTCQX: TAKOF) has secured a one-year extension to its Public Works and Government Services Canada (PWGSC) standing offer, extending services until March 31, 2026. The company will continue providing UAV services across five key streams: Media, Agriculture, Forestry and Fire Fighting, Infrastructure and Real Property, and Security and Emergency Response.

This extension coincides with new Beyond Visual Line-of-Sight (BVLOS) regulations taking effect on November 4, 2025. Volatus, which became Canada's first UAV service provider on the National Master Standing Offer in November 2020, recently obtained Canada-wide nighttime BVLOS operation authority, enhancing its operational capabilities.

Volatus Aerospace (OTCQX: TAKOF) has announced its participation in the upcoming AI & Technology Virtual Investor Conference on April 3rd, 2025. CEO Glen Lynch will deliver a live presentation at 10:00 AM EST, focusing on the company's strategic growth plans and initiatives for remotely piloted aircraft systems (RPAS).

The presentation will highlight Volatus' recent partnerships with Kongsberg Geospatial, Dufour, RigiTech, DroneUp, and Ondas Holdings, aimed at advancing RPAS technology commercialization. The interactive event will provide investors the opportunity to ask questions in real-time, with a recording available for those unable to attend live.

Volatus Aerospace (TSXV: FLT) (OTCQX: TAKOF) has secured Transport Canada's approval for nationwide nighttime long-distance remote drone operations below 400 feet AGL over low-density populations. This authorization enables 24/7 operations including border surveillance, facility security, search and rescue, thermal wildfire detection, and cargo delivery.

The approval allows remote drone operation from their Operations Control Centre (OCC) for extended range missions. Key advantages include enhanced thermal wildfire detection capabilities during nighttime when temperature variations are more pronounced, continuous search and rescue operations using infrared technology, and round-the-clock medical supply delivery services for hospitals.

The company plans to pursue additional Canada-wide SFOCs, particularly focusing on pipeline and utility transmission inspection sectors.

Volatus Aerospace (TSXV: FLT) (OTCQX: TAKOF) has announced a strategic partnership with Swiss-based RigiTech to enhance its medical delivery services using long-range drone technology. The collaboration will integrate RigiTech's Eiger drone, capable of carrying 3 kg payloads for up to 100 km, into Volatus' existing drone delivery network.

Volatus currently operates two remotely operated drone delivery services in the Greater Toronto region and Edmonton, Alberta, managed from its Operations Control Center in Vaughan. The Eiger drone's integration will enable the company to expand its service reach to more remote and underserved locations across Canada and other developing markets.

The Eiger drone features advanced avionics and a safety recovery parachute, complementing Volatus' existing Canary RPAS for local deliveries. The company will host a webinar on March 25, 2025, to discuss strategic partnerships and market positioning.

Volatus Aerospace (TSXV: FLT, OTCQX: TAKOF) announces an upcoming investor webinar on March 25, 2025 at 11:00 AM ET to address evolving geopolitical challenges and strategic partnerships.

The webinar, led by CEO Glen Lynch, will focus on how the company is navigating recent US-Canada trade policies and tariffs affecting the aerial technologies sector. The company plans to discuss its strategy of diversifying supply chains and strengthening international partnerships to maintain operations in the US market.

The presentation will highlight recent strategic alliances with Kongsberg Geospatial, Dufour, and Ondas Holdings, aimed at accelerating RPAS (Remotely Piloted Aircraft Systems) technology commercialization. These partnerships are designed to expand market reach and enhance operational capabilities globally.

Volatus Aerospace (TSXV: FLT) (OTCQX: TAKOF) and Ondas Holdings (Nasdaq: ONDS) have announced a strategic partnership through Ondas' subsidiary, American Robotics. This collaboration will integrate American Robotics' Optimus System - a fully autonomous drone platform - into Volatus' border surveillance and security solutions.

The partnership aims to enhance border security along the 8,890-kilometer US-Canada border by providing persistent, 24/7 aerial security and intelligence. Volatus will market and support the Optimus System, integrating it with their Surveillance-as-a-Service offering and Operations Control Center (OCC).

Key benefits include:

• Enhanced threat detection and mitigation capabilities
• Integration of air and ground security intelligence
• Uninterrupted availability through automated battery and payload swapping
• Support for multiple applications using various integrated sensors

Volatus will also serve as a factory-authorized training center for the Optimus System, with plans to expand services across Canada, the United Kingdom, and Africa.