Volatus Aerospace Selects Draganfly for Transformative Oil & Gas Exploration Pilot Project Using Volatus’ Advanced Bathymetric LiDAR Technology
Draganfly (NASDAQ: DPRO) has announced a strategic collaboration with Volatus Aerospace to integrate Volatus' Bathymetric LiDAR technology with Draganfly's Heavy Lift Drone for oil and gas exploration. The partnership aims to enhance precision data acquisition in energy markets.
The collaboration includes Volatus becoming an OEM approved dealer for Draganfly's UAV platforms, including the Heavy Lift Drone, Commander 3XL, and Apex Drones. The integrated system will be showcased through pilot projects and demonstrations, targeting the global offshore oil and gas exploration market, which is projected to reach over $104 billion by 2030.
The partnership focuses on delivering drone-enabled solutions that improve operational efficiencies while reducing costs for energy sector clients, combining Draganfly's expertise in drone technology with Volatus' advanced sensor capabilities.
Draganfly (NASDAQ: DPRO) ha annunciato una collaborazione strategica con Volatus Aerospace per integrare la tecnologia LiDAR batimetrico di Volatus con il drone Heavy Lift di Draganfly per l'esplorazione di petrolio e gas. L'obiettivo della partnership è migliorare l'acquisizione di dati precisi nei mercati energetici.
La collaborazione prevede che Volatus diventi un rivenditore approvato OEM per le piattaforme UAV di Draganfly, inclusi il drone Heavy Lift, il Commander 3XL e gli Apex Drones. Il sistema integrato sarà presentato attraverso progetti pilota e dimostrazioni, mirati al mercato globale dell'esplorazione offshore di petrolio e gas, che si prevede raggiunga oltre 104 miliardi di dollari entro il 2030.
La partnership si concentra sulla fornitura di soluzioni abilitati da droni che migliorano le efficienze operative riducendo i costi per i clienti del settore energetico, combinando l'expertise di Draganfly nella tecnologia dei droni con le capacità avanzate di sensori di Volatus.
Draganfly (NASDAQ: DPRO) ha anunciado una colaboración estratégica con Volatus Aerospace para integrar la tecnología LiDAR batimétrico de Volatus con el dron Heavy Lift de Draganfly para la exploración de petróleo y gas. El objetivo de la asociación es mejorar la adquisición precisa de datos en los mercados energéticos.
La colaboración incluye que Volatus se convierta en un distribuidor aprobado de OEM para las plataformas UAV de Draganfly, incluidos el dron Heavy Lift, el Commander 3XL y los Apex Drones. El sistema integrado se presentará a través de proyectos piloto y demostraciones, dirigido al mercado global de exploración de petróleo y gas en alta mar, que se proyecta que alcance más de 104 mil millones de dólares para 2030.
La asociación se centra en ofrecer soluciones habilitadas por drones que mejoran la eficiencia operativa y reducen costos para los clientes del sector energético, combinando la experiencia de Draganfly en tecnología de drones con las capacidades avanzadas de sensores de Volatus.
드라간플라이 (NASDAQ: DPRO)는 볼라투스 에어로스페이스와 전략적 협력 관계를 발표했습니다. 이 협력으로 볼라투스의 수심 측량 LiDAR 기술을 드라간플라이의 중량 드론과 통합하여 석유 및 가스 탐사를 지원할 예정입니다. 이 파트너십의 목표는 에너지 시장에서 정밀 데이터 수집을 향상시키는 것입니다.
협력에는 볼라투스가 드라간플라이의 UAV 플랫폼, 즉 중량 드론, 커맨더 3XL 및 에이펙스 드론의 OEM 승인 딜러가 되는 내용이 포함됩니다. 통합 시스템은 조종 프로젝트 및 시연을 통해 소개될 예정이며, 2030년까지 1,040억 달러 이상에 이를 것으로 예상되는 글로벌 해양 석유 및 가스 탐사 시장을 대상으로 하고 있습니다.
파트너십은 드론을 이용한 솔루션 제공에 중점을 두고 있으며, 에너지 부문 고객의 운영 효율성을 높이고 비용을 절감하는 데 기여하고 있습니다. 이는 드라간플라이의 드론 기술과 볼라투스의 첨단 센서 능력을 결합한 것입니다.
Draganfly (NASDAQ: DPRO) a annoncé une collaboration stratégique avec Volatus Aerospace pour intégrer la technologie LiDAR bathymétrique de Volatus avec le drone Heavy Lift de Draganfly pour l'exploration pétrolière et gazière. L'objectif de ce partenariat est d'améliorer l'acquisition de données précises dans les marchés de l'énergie.
La collaboration inclut que Volatus devienne un concessionnaire OEM approuvé des plateformes UAV de Draganfly, y compris le drone Heavy Lift, le Commander 3XL et les drones Apex. Le système intégré sera présenté via des projets pilotes et des démonstrations, visant le marché mondial de l'exploration pétrolière et gazière en mer, qui devrait atteindre plus de 104 milliards de dollars d'ici 2030.
Le partenariat se concentre sur la fourniture de solutions habilitées par des drones qui améliorent l'efficacité opérationnelle tout en réduisant les coûts pour les clients du secteur de l'énergie, combinant l'expertise de Draganfly en technologie de drones avec les capacités avancées de capteurs de Volatus.
Draganfly (NASDAQ: DPRO) hat eine strategische Zusammenarbeit mit Volatus Aerospace bekannt gegeben, um die batymetrische LiDAR-Technologie von Volatus mit der Heavy Lift Drone von Draganfly für die Öl- und Gasexploration zu integrieren. Das Ziel der Partnerschaft ist es, die präzise Datenerfassung in den Energiemärkten zu verbessern.
Die Zusammenarbeit umfasst, dass Volatus ein genehmigter OEM-Händler für die UAV-Plattformen von Draganfly wird, einschließlich der Heavy Lift Drone, des Commander 3XL und der Apex Drohnen. Das integrierte System wird durch Pilotprojekte und Demonstrationen präsentiert, die auf den globalen Offshore-Öl- und Gasexplorationsmarkt abzielen, der bis 2030 voraussichtlich über 104 Milliarden US-Dollar erreichen wird.
Die Partnerschaft konzentriert sich darauf, droonentwickelte Lösungen bereitzustellen, die die Betriebseffizienzen verbessern und die Kosten für Kunden im Energiesektor senken, indem sie das Fachwissen von Draganfly in der Drohnentechnologie mit den fortschrittlichen Sensorfähigkeiten von Volatus kombinieren.
- Strategic partnership to enter the growing oil & gas exploration market
- New distribution channel through Volatus as OEM approved dealer
- Access to $104 billion market opportunity by 2030
- Integration of advanced Bathymetric LiDAR technology enhancing product capabilities
- None.
Insights
This strategic partnership marks a pivotal advancement in offshore energy exploration technology. The integration of Volatus' Bathymetric LiDAR with Draganfly's Heavy Lift Drone creates a sophisticated solution for underwater mapping that could significantly reduce exploration costs and improve efficiency in the
The technological synergy here is particularly compelling - Draganfly's robust payload capacity and extended flight capabilities perfectly complement Volatus' advanced underwater sensing technology. This combination addresses a critical industry pain point: the need for precise, cost-effective subsea surveying. Traditional bathymetric surveys using vessels are expensive and time-consuming; drone-based solutions could cut costs by up to
The value-added reseller agreement is equally significant, as it positions both companies to capitalize on the growing energy sector demand for NDAA-compliant drone solutions. This is especially relevant given increasing restrictions on Chinese-made drone technology in critical infrastructure applications.
The strategic implications of this partnership extend beyond immediate revenue potential. With the offshore exploration market projected to reach
The deal structure is noteworthy for two reasons: First, it provides Volatus immediate access to Draganfly's NDAA-compliant drone portfolio, which is important for energy sector contracts. Second, the pilot project approach allows for real-world validation of the technology while minimizing initial investment risks. For Draganfly, with its modest market cap of
Volatus also signs with Draganfly as a value-added reseller with a focus on strategic collaboration aiming to enhance efficiency, foster innovation, and unlock new growth opportunities in high-potential energy markets.
Saskatoon, SK, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), an industry leader in drone technology and systems developer, is pleased to announce a strategic collaboration with Volatus Aerospace (TSXV:FLT) (OTCQX:TAKOF) (FRANKFURT: ABB), a global provider of aerial solutions. This collaboration will address the growing demand for precision data acquisition in energy markets by integrating Volatus’ advanced Bathymetric sensor technology with Draganfly’s Heavy Lift Drone.
Draganfly’s Heavy Lift Drone, known for its ability to carry substantial payloads and operate with extended flight durations, combined with Volatus Aerospace’s Bathymetric LiDAR solutions, will enable precise mapping of underwater environments critical for oil and gas exploration. The integrated system will be utilized in pilot projects and demonstrations to showcase its advanced capabilities. These initiatives reflect both companies’ commitment to innovation and to addressing critical industry challenges in a responsible and efficient manner.
With the global offshore oil and gas exploration market expected to grow significantly, reaching over
“Unlocking New Growth Opportunities”
Under the terms of the agreement, Volatus Aerospace will operate as an OEM approved dealer of Draganfly’s robust portfolio of multi-use UAV platforms, including the Heavy Lift Drone, Commander 3XL, and Apex Drones. These NDAA compliant drones will enrich Volatus’ current offerings, enabling more selection for its clients.
“We are excited to collaborate with Volatus Aerospace to extend the reach of our Heavy Lift Drone into new markets,” said Cameron Chell, CEO of Draganfly. “This collaboration reinforces Draganfly’s focus on providing compliant, secure, and innovative drone systems to meet the evolving needs of high-growth sectors like energy and logistics.”
“This collaboration underscores our shared commitment to driving innovation in the oil and gas exploration industry,” said Glen Lynch, CEO of Volatus Aerospace. “The collaboration brings together our expertise in UAV technology and Draganfly’s proven platforms, enabling us to offer cutting-edge solutions that address industry challenges and deliver exceptional value to our clients.”
The partnership between Draganfly and Volatus Aerospace marks a significant step forward for both companies as they aim to capture a share of the expanding multi-billion-dollar UAV and energy markets. Through pilot programs, product demonstrations, and strategic deployments, the collaboration is expected to open new revenue streams while reinforcing the commitment of both organizations to creating value for shareholders.
About Volatus Aerospace:
Volatus Aerospace is a leader in innovative global aerial solutions for intelligence and cargo. With deep technological and subject matter expertise and over 100 years' worth of combined institutional knowledge in aviation, Volatus provides meaningful aerial solutions for end users across various industries using both piloted and remotely piloted aircraft systems (RPAS or drones). We are committed to enhancing operational efficiency, safety, and sustainability through innovative, real-world aerial solutions.
About Draganfly:
Draganfly Inc. is a pioneer in drone technology and systems, providing quality, cutting-edge UAV solutions, software, and AI systems to revolutionize operations across public safety, agriculture, industrial inspections, defense, and surveying. With over 24 years of innovation, Draganfly is recognized for its commitment to ingenuity, first-class service, and the ability to save time, money, and lives.
For more information on Draganfly, please visit www.draganfly.com.
Media Contact
Erika Racicot
Email: media@draganfly.com
Company Contact
Email: info@draganfly.com
Forward-Looking Statements
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: the anticipated effects of the collaboration; anticipated uses of the integrated system; the growth of the global offshore oil and gas exploration market; the obligations of each party under the terms of the agreement referenced herein; the business plans and expectations of the Company; and 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 of management 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 anticipated benefits and revenues of the agreement to the Company; the commercialization of the proposed integrated system; the development of the growth of the oil and gas exploration market; Volatus Aerospace meeting the continued listing requirements of the TSXV and the Company meeting the continued listing requirements of the Canadian Securities Exchange and the Nasdaq; and including, but not limited to, those factors set forth in the Company's and Volatus Aerospace’s most recent filings with securities regulations in Canada on the SEDAR+ website at www.sedarplus.ca. 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.
None of the Canadian Securities Exchange, the TSXV, or the Nasdaq accepts responsibility for the adequacy or accuracy of this news release.
FAQ
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