Volatus Aerospace Awarded $9M Defence Contract from NATO Partner, Accelerating Growth in Uncrewed Systems

Rhea-AI Summary

Volatus Aerospace (OTCQB:TAKOF) was awarded a defence contract valued at up to CAD $9 million to deliver a next‑generation interim training system for Intelligence, Surveillance, and Reconnaissance (ISR) operations.

The award is structured over two years with an initial tranche of approximately CAD $4.5 million scheduled for delivery in Q1 2026; a second tranche may be exercised by the customer through the end of 2027. Deliverables include unmanned aircraft training systems, integrated control interfaces, documentation, onsite instructor familiarization, and warranty/lifecycle support. The end‑user and specific configurations remain confidential.

Positive

• Contract value up to CAD $9 million
• Initial tranche approx CAD $4.5M scheduled Q1 2026
• Two‑year award with customer option through end of 2027
• Deliverables include fleet, control interfaces, instructor familiarization and sustainment

Negative

• Second tranche is customer option, so remaining revenue is not guaranteed
• End‑user identity and system configurations are confidential, limiting disclosure to investors

MONTRÉAL, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV:FLT) (OTCQB:TAKOF) (Frankfurt:A3DP5Y/ABB.F) (“Volatus” or “the Company”), a leader in uncrewed, aerial, and defense technology solutions, is pleased to announce that it has been awarded a defence contract valued at up to CAD $9 million to supply an allied defence organization with a next-generation interim training system for Intelligence, Surveillance, and Reconnaissance (ISR) operations.

The award is structured over two years, with an initial tranche of approximately $4.5 million scheduled for delivery in Q1 2026. A second tranche, at the customer’s option, may be exercised through the end of 2027. The identity of the end-user and specific system configurations remain confidential under the terms of the agreement.

This contract responds to an urgent requirement from a NATO partner seeking to accelerate foundational unmanned aviation skills across its defence personnel.

A Strategic Milestone for Volatus’ Defence Growth Plan

“Uncrewed ISR capability is now fundamental to modern defence readiness,” said Glen Lynch, CEO of Volatus Aerospace Inc. “This contract demonstrates the trust international partners are placing in Canadian innovation and showcases Volatus’ ability to deliver scalable, defence-grade solutions that strengthen allied preparedness. It aligns squarely with our strategy to position Volatus as a key contributor to Canada’s defence industrial base and the broader NATO ecosystem.”

The award underscores Volatus’ expanding role as a Canadian provider of secure, commercially derived unmanned systems, training, and operational support for defence organizations around the world.

Scope of Deliverables (generalized for security reasons)

Under the agreement, Volatus will supply:

• A fleet of unmanned aircraft training systems purpose-built for introductory ISR skill development
• Integrated control interfaces supporting foundational flight and sensor-operation training
• Comprehensive technical and operational documentation
• Onsite instructor familiarization for seamless integration into the customer’s training environment
• Warranty and lifecycle support aligned with defence procurement and sustainment standards
  
  

Strengthening Canada’s Defence Industrial Capabilities

This contract reinforces Volatus’ ongoing commitment to supporting Canada’s defence and security priorities:

• Building domestic expertise in advanced uncrewed and ISR-related technologies
• Enhancing interoperability with NATO and allied partners
• Expanding Canada’s aerospace and defence industrial capacity
• Delivering mission-focused innovation that improves readiness, resilience, and operational agility
  
  

“As Canada deepens its commitment to NATO and increases its emphasis on uncrewed and remotely operated systems, Volatus is proud to deliver Canadian capability that contributes directly to allied readiness,” added Lynch.

About Volatus Aerospace

Volatus Aerospace is a global provider of integrated aerial solutions for commercial and defence applications, leveraging both piloted and remotely piloted aircraft systems (RPAS). The Company serves industries including oil and gas, utilities, healthcare, and public safety. Volatus’ mission is to enhance operational efficiency, safety, and resilience through real-world, scalable aerial technologies.

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 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", 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 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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

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.

FAQ

How much is the defence contract awarded to Volatus (TAKOF)?

The contract is valued at up to CAD $9 million with an initial tranche of about CAD $4.5 million.

When will Volatus deliver the initial tranche under the TAKOF contract?

The initial tranche is scheduled for delivery in Q1 2026.

Is the full CAD $9M guaranteed revenue for Volatus (TAKOF)?

No; the award spans two years and the second tranche is at the customer’s option through the end of 2027.

What products and services will Volatus supply under the TAKOF defence contract?

Volatus will supply unmanned aircraft training systems, integrated control interfaces, technical documentation, onsite instructor familiarization, and warranty/lifecycle support.

Does Volatus disclose the end‑user for the CAD $9M TAKOF contract?

No; the identity of the end‑user and specific system configurations are confidential under the agreement.