Volatus Aerospace and VoltaXplore Sign LOI for Canadian-Made Battery Supply to Power Next-Gen Drones
Volatus Aerospace (TSXV: FLT, OTCQB: TAKOF) has signed a Letter of Intent (LOI) with VoltaXplore, a subsidiary of NanoXplore Inc., for the supply of Canadian-made lithium-ion battery cells for next-generation drones. The partnership aims to strengthen domestic supply chain capabilities and enhance drone performance through advanced battery technology.
The agreement will utilize VoltaXplore's 1 MWh Montreal facility to produce silicon-dominant battery cells offering improved endurance, faster charging, and enhanced cold-weather performance. This strategic collaboration supports Canada's initiative to build domestic industrial capabilities in aerospace, critical minerals, and defense sectors while reducing reliance on external energy storage sources.
Volatus Aerospace (TSXV: FLT, OTCQB: TAKOF) ha firmato una lettera di intenti (LOI) con VoltaXplore, controllata di NanoXplore Inc., per la fornitura di celle agli ioni di litio fabbricate in Canada destinate a droni di nuova generazione. La collaborazione mira a rafforzare la catena di approvvigionamento interna e a migliorare le prestazioni dei droni grazie a batterie avanzate.
L"accordo prevede l"utilizzo dell"impianto da 1 MWh di Montréal di VoltaXplore per la produzione di celle in batteria dominanti dal silicio, offrendo maggiore autonomia, ricarica più rapida e prestazioni migliori in condizioni di freddo. Questa collaborazione strategica sostiene l"iniziativa canadese di sviluppare capacità industriali nazionali nei settori aerospaziale, minerali critici e difesa, riducendo la dipendenza da fonti energetiche esterne.
Volatus Aerospace (TSXV: FLT, OTCQB: TAKOF) ha firmado una Carta de Intención (LOI) con VoltaXplore, una filial de NanoXplore Inc., para suministrar células de batería de ion de litio fabricadas en Canadá para drones de próxima generación. La asociación busca fortalecer la cadena de suministro interna y mejorar el rendimiento de los drones mediante tecnología de batería avanzada.
El acuerdo utilizará la instalación de 1 MWh en Montreal de VoltaXplore para producir celdas de batería dominadas por silicio, que ofrecen mayor autonomía, carga más rápida y mejor rendimiento en climas fríos. Esta colaboración estratégica apoya la iniciativa de Canadá para desarrollar capacidades industriales nacionales en aeroespacial, minerales críticos y defensa, reduciendo la dependencia de fuentes de energía externas.
Volatus Aerospace (TSXV: FLT, OTCQB: TAKOF)는 VoltaXplore와, NanoXplore Inc.의 자회사로 차세대 드론용 캐나다산 리튬이온 배터리 셀 공급에 대한 양해 각서(LOI)를 체결했습니다. 이 파트너십은 국내 공급망 역량을 강화하고 첨단 배터리 기술을 통해 드론 성능을 향상시키는 것을 목표로 합니다.
계약은 VoltaXplore의 몬트리올 1MWh 시설를 활용해 실리콘 우세 배터리 셀을 생산하며, 이는 향상된 항속 거리, 더 빠른 충전 및 추운 날씨에서의 성능 향상을 제공합니다. 이 전략적 협력은 항공우주, 중요 광물, 방위 분야의 국내 산업 역량 구축을 지원하고 외부 에너지 저장원에 대한 의존도를 줄이는 데 기여합니다.
Volatus Aerospace (TSXV: FLT, OTCQB: TAKOF) a signé une lettre d'intention (LOI) avec VoltaXplore, une filiale de NanoXplore Inc., pour la fourniture de cellules de batterie lithium-ion fabriquées au Canada destinées à des drones de nouvelle génération. Le partenariat vise à renforcer la chaîne d'approvisionnement nationale et à améliorer les performances des drones grâce à une technologie de batterie avancée.
L'accord utilisera l'installation Montréal 1 MWh de VoltaXplore pour produire des cellules de batterie dominées par le silicium, offrant une autonomie accrue, une charge plus rapide et de meilleures performances par temps froid. Cette collaboration stratégique soutient l'initiative canadienne consistant à développer des capacités industrielles locales dans l'aérospatiale, les minéraux critiques et la défense, tout en réduisant la dépendance à l'égard de sources d'énergie externes.
Volatus Aerospace (TSXV: FLT, OTCQB: TAKOF) hat eine Absichtserklärung (LOI) mit VoltaXplore, einer Tochtergesellschaft von NanoXplore Inc., unterzeichnet, um kanadische Lithium-Ionen-Batteriezellen für Drohnen der nächsten Generation zu liefern. Die Partnerschaft zielt darauf ab, die heimische Lieferkette zu stärken und die Drohnenleistung durch fortschrittliche Batterietechnologie zu verbessern.
Die Vereinbarung sieht die Nutzung der 1-MWh-Einrichtung in Montréal von VoltaXplore vor, um Silizium-dominierte Batteriezellen mit verbesserter Reichweite, schnellerem Laden und besserer Kälteleistung herzustellen. Diese strategische Zusammenarbeit unterstützt Canadas Bestrebungen, nationale industrielle Kapazitäten in den Bereichen Luft- und Raumfahrt, kritische Mineralien und Verteidigung auszubauen und die Abhängigkeit von externen Energiespeichern zu reduzieren.
Volatus Aerospace (TSXV: FLT, OTCQB: TAKOF) وقّعت رسالة نوايا (LOI) مع VoltaXplore، وهي شركة تابعة لـ NanoXplore Inc., لتوريد خلايا بطاريات ليثيوم أيون مصنوعة في كندا لطائرات بدون طيار من الجيل التالي. يهدف الشراكة إلى تعزيز سلاسل الإمداد المحلية وتحسين أداء الطائرات بدون طيار من خلال تقنية بطاريات متقدمة.
ستستخدم الاتفاقية منشأة VoltaXplore بقدرة 1 ميغاوات-ساعة في مونتريال لإنتاج خلايا بطاريات قائمة على السيليكون توفر مدى أقوى وشحن أسرع وأداء أفضل في الطقس البارد. هذا التعاون الاستراتيجي يدعم مبادرة كندا لبناء قدرات صناعية محلية في القطاعات الدفاعية والمواد الأساسية والفضاء، مع تقليل الاعتماد على مصادر تخزين الطاقة الخارجية.
Volatus Aerospace (TSXV: FLT, OTCQB: TAKOF) 已与 VoltaXplore（NanoXplore Inc. 的子公司）签署意向书（LOI），用于向下一代无人机提供加拿大制造的锂离子电池电芯。此合作旨在加强国内供应链能力，并通过先进电池技术提升无人机性能。
协议将利用 VoltaXplore 的 蒙特利尔1 MWh 设施来生产以硅为主的电池电芯，提供更高续航、充电更快以及在寒冷天气下的性能提升。这一战略合作支持加拿大在航空航天、关键矿物和防务等领域构建国内产业能力，同时减少对外部能源存储来源的依赖。
- Strategic partnership secures domestic battery supply chain for drone manufacturing
- Advanced battery technology promises improved drone performance and capabilities
- Alignment with government initiatives for domestic aerospace and defense capabilities
- Potential for market expansion in civil, defense, and Arctic surveillance sectors
- Agreement is currently only a Letter of Intent, pending final supply agreement
- Production capacity limited to existing 1 MWh Montreal facility initially
MONTREAL, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV: FLT) (OTCQB: TAKOF) (FSE: ABB.F), a Canadian leader in aerial intelligence and unmanned aircraft systems, and VoltaXplore Inc., a high-performance lithium-ion battery manufacturer and subsidiary of NanoXplore Inc. (TSX: GRA) (OTCQX: NNXPF), are pleased to announce the signing of a Letter of Intent (the “LOI”) for the future supply of Canadian-made lithium-ion battery cells to power Volatus’ next-generation drones.
This strategic agreement strengthens Volatus’ product differentiation and supply chain security while positioning both companies for growth across civil, defense, and Arctic surveillance markets. By securing a domestic source of advanced, silicon-dominant battery cells, Volatus strengthens domestic sourcing and supply management, enhances technological self-reliance, and aligns with anticipated federal investments in Canadian manufacturing capacity.
For VoltaXplore, the agreement opens a new aerospace market vertical, complementing its existing presence in electric mobility and energy storage, and supports NanoXplore’s long-term growth strategy.
Upon the finalization of mutually agreeable formal supply agreement, VoltaXplore will allocate production capacity from its 1 MWh Montréal facility, operational since 2022, to supply Volatus with advanced battery cells engineered and manufactured in Canada. These high-performance cells will deliver increased endurance, faster charging, and improved cold-weather performance for Volatus’ UAV platforms. This partnership strengthens Canada’s domestic supply chain, from critical materials to finished aerospace products, while ensuring greater resilience and reducing reliance on external energy storage sources.
The announcement comes as the Government of Canada emphasizes building homegrown industrial capabilities in aerospace, critical minerals, and defense. By linking a Canadian drone OEM with a Canadian battery cell supplier, the Volatus–VoltaXplore collaboration directly supports this vision, spurring innovation, creating skilled jobs, and strengthening national resilience.
Glen Lynch, CEO of Volatus Aerospace, stated:
“Volatus is proud to partner with VoltaXplore to secure a
Dr. Soroush Nazarpour, President & CEO of NanoXplore Inc., added:
“This LOI is a milestone in bringing Made-in-Canada battery technology to the forefront of aerospace innovation. VoltaXplore was created to leverage NanoXplore’s graphene technology in high-performance lithium-ion cells, and we’re excited to apply that expertise to Volatus’s next-generation drones. From border surveillance to Arctic security, we’re building a Canadian supply chain that serves both civil and defense missions while driving economic growth here at home.”
Initial deliveries will come from VoltaXplore’s Montreal facility, with future capacity expansion aligned with Volatus’s new platform development timeline.
About Volatus Aerospace Inc.
With more than a century of combined aviation expertise, Volatus Aerospace delivers innovative aerial solutions for intelligence, surveillance, and cargo, utilizing both piloted and remotely piloted aircraft (RPAS/drones). Volatus provides a complete ecosystem of aerial services, including operations, equipment sales, training, and mission support, helping industries integrate aerial capabilities safely, efficiently, and sustainably.
About NanoXplore
NanoXplore is a graphene company, a manufacturer and supplier of high-volume graphene powder for use in transportation and industrial markets. Also, the Corporation provides standard and custom graphene-enhanced plastic and composite products to various customers in transportation, packaging, electronics, and other industrial sectors. The Corporation is also a silicon‑graphene-enhanced Li-ion battery manufacturer for the Electric Vehicle and grid storage markets. NanoXplore is headquartered in Montreal, Quebec with manufacturing facilities in Canada, the United States and Europe.
Forward-Looking Statements
This press release contains forward-looking statements and forward-looking information (together, “forward-looking statements”) within the meaning of applicable securities laws. All statements, other than statements of historical facts, are forward-looking statements, and subject to risks and uncertainties. All forward-looking statements are based on our beliefs as well as assumptions based on information available at the time the assumption was made and on management’s experience and perception of historical trends, current conditions and expected future developments, as well as other factors deemed appropriate in the circumstances. No assurance can be given that these assumptions and expectations will prove to be correct. Forward-looking statements are not facts, but only predications and can generally be identified by the use of statements that include phrases such as “anticipate”, “believe”, “continue”, “could”, “estimate”, “foresee”, “grow”, “expect”, “plan”, “intend”, “forecast”, “future”, “guidance”, “may”, “predict”, “project”, “should”, “strategy”, “target”, “will” or similar expressions suggesting future outcomes.
Forward-looking information is not a guarantee of future performance and involves a number of risks and uncertainties. Such forward-looking information necessarily involves known and unknown risks and uncertainties, including the relevant assumptions and risks factors set out in NanoXplore’s most recent annual management discussion and analysis filed on SEDAR+ at www.sedarplus.ca, which may cause NanoXplore’s actual results to differ materially from any projections of future results expressed or implied by such forward-looking information. These risks, uncertainties and other factors include, among others, the uncertain and unpredictable condition of global economy, notably as a consequence of the Covid-19 pandemic. Any forward-looking information is made as of the date hereof and, except as required by law, NanoXplore does not undertake any obligation to update or revise any forward–looking statement as a result of new information, subsequent events or otherwise.
Forward-looking statements reflect management's current beliefs, expectations and assumptions and are based on information currently available to management. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the future circumstances, outcomes or results anticipated or implied by such forward-looking statements will occur or that plans, intentions or expectations upon which the forward-looking statements are based will occur. By their nature, forward-looking statements involve known and unknown risks and uncertainties and other factors that could cause actual results to differ materially from those contemplated by such statements.
No securities regulatory authority has either approved or disapproved the contents of this press release.
For further information, please contact:
Pierre Yves Terrisse
Vice-President Corporate Development – NanoXplore Inc.
py.terrisse@nanoxplore.ca
Tel: 1 438 476-1965
Abhinav Singhvi
CFO – Volatus Aerospace Inc.
Abhinav.singhvi@volatusaerospace.com
+1 833 865-2887
FAQ
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