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Drone Delivery Canada Corp. (TAKOF) is a pioneering drone technology company specializing in the development, design, and deployment of proprietary technologies for cargo delivery operations. Recently, Drone Delivery Canada has announced a merger with Volatus Aerospace Corp., combining their expertise to create a leading enterprise in the drone technology industry. This strategic partnership aims to enhance shareholder value, drive commercialization efforts, and establish a strong global presence in the Advanced Air Mobility market.
With a focus on innovative drone services, training, and equipment sales, Drone Delivery Canada is poised to revolutionize the drone cargo and remote drone operations sector. By leveraging Volatus' operational capabilities and Drone Delivery Canada's cutting-edge technologies such as the remote operations center, Flyte management software, DroneSpot infrastructure, and commercialized aircraft, the combined company is set to lead in diversified technology solutions and service offerings.
Under the leadership of experienced industry veterans, the merger of Drone Delivery Canada and Volatus is expected to deliver immediate and long-term revenue growth opportunities, while achieving significant cost synergies for enhanced profitability.
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.
Volatus Aerospace (TSXV:FLT, OTCQX:TAKOF) has announced a strategic partnership with Dufour Aerospace, a Swiss-based drone manufacturer, to introduce and commercialize the Aero2 hybrid-electric drone aircraft. The Aero2 features a unique tilt-wing design allowing vertical takeoff and landing while maintaining airplane-like efficiency.
The aircraft can carry up to 40 kg (88 lbs) payload over 400 km (249 miles) in standard configuration, making it ideal for remote operations including medical supply delivery, aerial surveillance, and intelligence operations. This partnership follows Volatus' recent collaboration with DroneUp and aims to expand their operational scope and commercial focus.
The Aero2's capabilities will enhance Volatus' service offerings while maintaining high safety standards and low operating costs, particularly benefiting operations in remote regions like Canada and Africa.
Volatus Aerospace (TSXV:FLT)(OTCQX:TAKOF) has achieved a significant milestone of 75,000 flight hours in pipeline integrity monitoring, highlighting its position in aerial inspection services. The company utilizes its proprietary Aerial Intelligence Reporting System (AIRS) technology to provide actionable data for regulatory compliance and real-time monitoring of potential leaks, environmental hazards, and structural concerns in pipelines across North America.
The company's success is attributed to its pilots' expertise, fleet reliability, and strong client relationships in the energy sector. Volatus is expanding its capabilities to include drone-based Beyond Visual Line of Sight (BVLOS) operations through its remote Operations Control Centre, focusing on automation, sustainability, and real-time intelligence for energy, infrastructure, and logistics industries.
Volatus Aerospace (TSXV:FLT)(OTCQX:TAKOF) has announced a strategic partnership with DroneUp to enhance cargo delivery services across North America. The collaboration combines Volatus' existing cargo capabilities with DroneUp's commercial operating approval in the USA and advanced technology solutions.
The partnership integrates key technologies including a certified cargo drone with winch delivery system, a climate-controlled two-way locker system for autonomous package handling, and a proprietary Traffic Management system. Volatus, which has completed over 10,000 remotely operated flights, brings its Canadian Air Carrier license with dangerous goods authority and special operating approvals to the partnership.
The initiative aims to streamline drone-based cargo delivery services, focusing on beyond visual line of sight operations with larger drones. The collaboration targets improved safety, operational efficiencies, access to goods in underserved locations, cost reduction, and environmental sustainability through reduced emissions.
Volatus Aerospace (TSXV:FLT.V)(OTCQB:TAKOF) has launched its new 'Surveillance as a Service' solution, offering scalable and rapidly deployable surveillance capabilities monitored from their Operations Control Centre (OCC). The service integrates multiple technologies including RPAS, nested autonomous drones, fixed-wing aircraft, helicopters, and ground-based sensors, providing 24/7 intelligence through advanced EO/IR sensors.
The company has conducted over 10,000 RPAS flights from its OCC and holds various certifications including air operator certificates, CTA licenses, and dangerous goods handling authorizations. The solution is integrated with Kongsberg Geospatial's IRIS Terminal for real-time situational awareness.
According to Reports and Data, the global drone surveillance market is expected to reach USD 612.09 billion by 2032, growing at an 18% CAGR. The service targets applications in border security, infrastructure monitoring, environmental protection, and emergency response sectors.
Volatus Aerospace (TSXV:FLT)(OTCQX:TAKOF) has announced the renewal and expansion of a major U.S. power utility inspection program for 2025, with a 17% increase in inspection requirements from one of its major electric utility clients. The renewal demonstrates the company's growing presence in the energy utilities sector and client confidence in their aerial solutions.
To support growth initiatives, Volatus has appointed Richard Nasmith as Senior Vice President of Business Development. Nasmith brings over 30 years of leadership experience in sales, marketing, and business development, particularly in the electric utility sector, where he has delivered aerial inspection and LiDAR mapping services across Canada, the United States, Australia, and New Zealand.
Volatus Aerospace (TSXV:FLT, OTCQX:TAKOF) has executed two significant capital structure initiatives. First, the company converted $145,545 in preferred shares into 666,667 common shares at $0.12 per share, creating $80,000 in value and generating a $65,545 profit through an adjusted issue price of $0.22 per share. This conversion stems from the 2020 UAViation Aerial Solutions acquisition terms.
Additionally, the company issued 7,609,000 stock options and Restricted Share Units (RSUs) to 109 employees, vesting over up to 4 years. Notably, CEO Glen Lynch opted out of the incentive program to extend benefits across the organization while maintaining his position as a significant equity holder.
Volatus Aerospace (TSXV:FLT.V)(OTCQX:TAKOF) has signed a Memorandum of Understanding with DroneAcharya Aerial Innovations to explore opportunities in India's drone market. The partnership focuses on introducing Volatus' cargo drone technologies to India, including potential local manufacturing through DroneAcharya.
The collaboration combines Volatus' global expertise in drone delivery technologies with DroneAcharya's local market presence. As a technology partner, Volatus will provide proprietary know-how and technical support to develop solutions tailored to regional needs in logistics and other sectors.
Volatus Aerospace (TSXV:FLT, OTCQX:TAKOF) has announced the integration of UK-based Air Data Systems (ADS) into its ecosystem. The transaction includes acquiring ADS's brand, website, domain, and a £5 million sales pipeline, structured with a success-fee model based on future contract outcomes.
Former ADS Managing Director Mark Currass joins Volatus as Executive Consultant for Global Business Development. ADS specializes in large-scale surveys and data acquisition for industrial applications, including asset management, inspection services, oil & gas, utilities, and environmental services.
The partnership enhances Volatus' capabilities in BVLOS operations, advanced thermography solutions, and geomatics services, with over 10,000 BVLOS flights completed.
Volatus Aerospace has been awarded the prestigious Energy Globe National Award in the Youth category for Canada for its Science Experiential Aerial Research (SEAR) Program. The program, led by VP Matthew Johnson, provides high school students with hands-on experience in machine learning and aerial intelligence collection using drones, focusing on environmental monitoring.
The SEAR Program has been successfully implemented across multiple Canadian provinces and recently expanded to Florida with 'The Litter Project'. The Energy Globe Award, one of the world's most respected environmental recognitions, saw approximately 2000 project submissions from 141 countries this year. As a national winner, Volatus' program will now compete in the Energy Globe World Award.
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