STOCK TITAN

Volatus Aerospace Gains Clearance for High-Value RPAS Deployment in Oil & Gas Sector

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

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) ha ottenuto l'approvazione da parte di due importanti compagnie petrolifere nordamericane per fornire servizi aerei tramite droni per infrastrutture energetiche critiche. L'approvazione, concessa la scorsa settimana dopo una revisione completa delle operazioni di volo, permette a Volatus di eseguire diversi servizi tra cui interventi di emergenza, sorveglianza di oleodotti, rilevamento di perdite, magnetometria e ispezioni degli asset.

L'azienda utilizzerà sistemi aerei a pilotaggio remoto (RPAS) in coordinamento con i servizi di sorveglianza tradizionali già esistenti. Secondo previsioni interne, l'integrazione delle operazioni con droni nel portafoglio di sorveglianza per petrolio e gas di Volatus potrebbe aumentare i ricavi in questo segmento fino al 20%, mantenendo i consueti profili di costi operativi.

Volatus Aerospace (TSXV: FLT) (OTCQX: TAKOF) ha recibido la aprobación de dos importantes compañías petroleras norteamericanas para ofrecer servicios aéreos con drones para infraestructura energética crítica. La aprobación, otorgada la semana pasada tras una revisión exhaustiva de las operaciones de vuelo, permite a Volatus realizar diversos servicios, incluyendo llamadas de emergencia, vigilancia de oleoductos, detección de fugas, magnetometría e inspecciones de activos.

La compañía utilizará sistemas de aeronaves pilotadas remotamente (RPAS) en coordinación con sus servicios tradicionales de vigilancia aérea. Según pronósticos internos, la integración de operaciones con drones en el portafolio de vigilancia de petróleo y gas de Volatus podría aumentar los ingresos en este segmento hasta en un 20%, manteniendo los perfiles típicos de costos operativos.

Volatus Aerospace (TSXV: FLT) (OTCQX: TAKOF)는 북미의 주요 석유 및 가스 회사 두 곳으로부터 중요한 에너지 인프라에 대한 드론 기반 항공 서비스 제공 승인을 받았습니다. 지난주 종합적인 비행 운영 검토 후 승인된 이로써 Volatus는 긴급 호출, 파이프라인 감시, 누출 탐지, 자기 측정, 자산 점검 등 다양한 서비스를 수행할 수 있게 되었습니다.

회사는 기존의 전통적인 항공 감시 서비스와 협력하여 원격 조종 항공 시스템(RPAS)을 활용할 예정입니다. 내부 예측에 따르면, 드론 운영을 Volatus의 석유 및 가스 감시 포트폴리오에 통합하면 운영 비용 프로필을 유지하면서 이 부문의 수익이 20%까지 증가할 수 있습니다.

Volatus Aerospace (TSXV : FLT) (OTCQX : TAKOF) a obtenu l'approbation de deux grandes compagnies pétrolières nord-américaines pour fournir des services aériens par drone destinés aux infrastructures énergétiques critiques. Cette approbation, accordée la semaine dernière après un examen approfondi des opérations de vol, permet à Volatus d'effectuer divers services, notamment des interventions d'urgence, la surveillance de pipelines, la détection de fuites, la magnétométrie et les inspections d'actifs.

L'entreprise utilisera des systèmes d'aéronefs télépilotés (RPAS) en coordination avec ses services de surveillance aérienne traditionnels existants. Selon les prévisions internes, l'intégration des opérations par drone dans le portefeuille de surveillance pétrole et gaz de Volatus pourrait augmenter les revenus de ce segment jusqu'à 20%, tout en maintenant les profils de coûts opérationnels habituels.

Volatus Aerospace (TSXV: FLT) (OTCQX: TAKOF) hat die Genehmigung von zwei großen nordamerikanischen Öl- und Gasunternehmen erhalten, drohnenbasierte Luftdienste für kritische Energieinfrastruktur anzubieten. Die Genehmigung, die letzte Woche nach einer umfassenden Überprüfung der Flugoperationen erteilt wurde, ermöglicht es Volatus, verschiedene Dienstleistungen durchzuführen, darunter Notfalleinsätze, Pipeline-Überwachung, Leckageerkennung, Magnetometrie und Anlageninspektionen.

Das Unternehmen wird unbemannte Luftfahrtsysteme (RPAS) in Kombination mit seinen bestehenden traditionellen Überwachungsdiensten einsetzen. Interne Prognosen zufolge könnte die Integration von Drohnenoperationen in das Überwachungsportfolio von Volatus für Öl und Gas die Einnahmen in diesem Segment um bis zu 20% steigern, während die üblichen Betriebskostenprofile beibehalten werden.

Positive
  • Secured approval from two major North American oil & gas companies for drone services
  • Potential 20% revenue increase in oil & gas surveillance segment
  • Expansion of service offerings while maintaining operating cost profiles
  • Integration of drone operations with existing traditional aircraft services
Negative
  • None.

Volatus has been approved by Two Major North American Oil & Gas Companies

TORONTO, April 15, 2025 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV: FLT) (OTCQX: TAKOF) (Frankfurt: A3DP5Y/ABBA.F) is pleased to announce that last week it was approved by two leading North American oil and gas companies to provide drone-based aerial services in support of critical energy infrastructure. This approval follows a comprehensive flight operations review process conducted to validate Volatus’ operational readiness and safety protocols.

Under such engagement, Volatus will be eligible to perform a wide range of aerial services, including emergency callouts, pipeline surveillance, leak detection, magnetometry, and asset inspections. These operations will be performed using remotely piloted aircraft systems (RPAS) in coordination with Volatus’ existing traditional aircraft surveillance services.

“This approval expands our reach within the energy sector and positions us to deliver critical insights in a more flexible and cost-effective manner,” said Glen Lynch, CEO of Volatus Aerospace. “We’re proud to be recognized for our professionalism, regulatory compliance, and ability to execute complex operations in sensitive environments.”

Based on internal forecasts, introducing drone operations into Volatus’ existing oil and gas surveillance portfolio has the potential to increase revenue in this segment by up to 20%, while maintaining operating cost profiles typical of the services delivered. These missions not only enhance situational awareness for asset operators but also support rapid response and risk mitigation, aligning with industry goals around safety and environmental protection.

Volatus Aerospace continues to expand its operational footprint in sectors that require precision, agility, and trust. From critical infrastructure monitoring to emergency response, our scalable drone programs are designed to complement and enhance traditional inspection models.

About Volatus Aerospace:

Volatus Aerospace is a leader in innovative global aerial solutions for intelligence and cargo. With a strong foundation of over 100 years of combined institutional knowledge in aviation, Volatus provides comprehensive solutions using both piloted and remotely piloted aircraft systems (RPAS). We serve industries such as oil and gas, utilities, healthcare, and public safety. Our mission is to enhance operational efficiency, safety, and sustainability through cutting-edge, real-world solutions.

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 anticipated benefits of, and estimated revenue to be generated by, the master service agreement; (ii) the business plans and expectations of the Company; and (iii) 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 master service agreement to the Company; the commercialization of drone flights beyond visual line of sight and potential benefits to the Company; meeting the continued listing requirements of the TSXV; and including, but not limited to, those factors set forth in the Company's Annual Information Form under the section "Risk Factors". 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 TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.

TSXV: FLT

Contact Details

Rob Walker

CCO, Volatus Aerospace

+1 833-865-2887

rob.walker@volatusaerospace.com


FAQ

What services will Volatus Aerospace (TAKOF) provide to oil and gas companies?

Volatus will provide emergency callouts, pipeline surveillance, leak detection, magnetometry, and asset inspections using remotely piloted aircraft systems (RPAS).

How much revenue growth does Volatus (TAKOF) expect from the new oil & gas drone operations?

Internal forecasts suggest up to 20% revenue increase in the oil and gas surveillance segment.

When did Volatus Aerospace (TAKOF) receive approval for oil & gas drone operations?

Volatus received approval last week following a comprehensive flight operations review process.

How will Volatus (TAKOF) integrate drone services with existing operations?

Volatus will coordinate RPAS operations with their existing traditional aircraft surveillance services.

What is the impact on operating costs for Volatus (TAKOF) new drone services?

The company expects to maintain operating cost profiles typical of their current services.
Volatus Aerospace Inc

OTC:TAKOF

TAKOF Rankings

TAKOF Latest News

TAKOF Stock Data

57.85M
223.75M
29.33%
2.6%
Aerospace & Defense
Industrials
Link
Canada
Oro-Medonte