STOCK TITAN

Volatus Aerospace Marks Historic Milestone at Edmonton International Airport, Paving the Way for Global Opportunities

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

Volatus Aerospace (TSXV:FLT)(OTCQX:TAKOF) has marked a historic milestone at Edmonton International Airport (YEG) by participating in the launch of phase two of a drone project. This phase extends the drone flight path from YEG to Leduc and represents the first drone operation in Canada to safely intersect an active runway glide path. Operating under the Drone Delivery Canada brand, the project has already completed over 3,000 commercial drone flights, covering more than 8,500 kilometers in phase 1.

The company's CEO, Glen Lynch, highlighted the scalability of their RPAS technology and their ability to operate in diverse environments. Volatus is now exploring international growth opportunities in regions like Africa, the Arctic, and offshore sectors, where regulations are less restrictive. These markets present potential for broader drone applications in industries such as energy, logistics, and healthcare.

Volatus Aerospace (TSXV:FLT)(OTCQX:TAKOF) ha raggiunto un traguardo storico presso l'Aeroporto Internazionale di Edmonton (YEG) partecipando al lancio della fase due di un progetto di droni. Questa fase estende il percorso di volo dei droni da YEG a Leduc e rappresenta la prima operazione di droni in Canada ad intersecare in sicurezza il percorso di un approdo attivo. Operando sotto il marchio Drone Delivery Canada, il progetto ha già completato oltre 3.000 voli commerciali di droni, coprendo più di 8.500 chilometri nella fase 1.

Il CEO dell'azienda, Glen Lynch, ha evidenziato la scalabilità della loro tecnologia RPAS e la loro capacità di operare in ambienti diversi. Volatus sta ora esplorando opportunità di crescita internazionale in regioni come l'Africa, l'Artico e i settori offshore, dove le normative sono meno restrittive. Questi mercati presentano potenzialità per applicazioni più ampie dei droni in settori come l'energia, la logistica e la sanità.

Volatus Aerospace (TSXV:FLT)(OTCQX:TAKOF) ha marcado un hito histórico en el Aeropuerto Internacional de Edmonton (YEG) al participar en el lanzamiento de la fase dos de un proyecto de drones. Esta fase extiende la ruta de vuelo de los drones desde YEG a Leduc y representa la primera operación de drones en Canadá que intersecta de manera segura la trayectoria de una pista activa. Operando bajo la marca Drone Delivery Canada, el proyecto ya ha completado más de 3.000 vuelos comerciales de drones, cubriendo más de 8.500 kilómetros en la fase 1.

El CEO de la empresa, Glen Lynch, destacó la escalabilidad de su tecnología RPAS y su capacidad para operar en diversos entornos. Volatus ahora está explorando oportunidades de crecimiento internacional en regiones como África, el Ártico y sectores offshore, donde las regulaciones son menos restrictivas. Estos mercados presentan potencial para aplicaciones más amplias de drones en industrias como la energía, la logística y la salud.

Volatus Aerospace (TSXV:FLT)(OTCQX:TAKOF)는 에드먼턴 국제공항(YEG)에서 드론 프로젝트 2단계의 출시 참여로 역사적인 이정표를 세웠습니다. 이 단계는 YEG에서 리두크로의 드론 비행 경로를 확장하며, 캐나다에서 활동 중인 활주로 접근 경로와 안전하게 교차하는 첫 번째 드론 운영을 나타냅니다. 드론 배달 캐나다 브랜드 하에 운영되는 이 프로젝트는 이미 3,000회 이상의 상업용 드론 비행을 완료하였고, 1단계에서 8,500킬로미터 이상을 커버했습니다.

회사의 CEO인 글렌 린치는 그들의 RPAS 기술의 확장성과 다양한 환경에서 운영할 수 있는 능력을 강조했습니다. Volatus는 이제 아프리카, 북극 및 해양 부문과 같은 규제가 덜 엄격한 지역에서 국제 성장 기회를 탐색하고 있습니다. 이러한 시장은 에너지, 물류 및 헬스케어와 같은 산업에서 드론의 폭넓은 응용 가능성을 제공합니다.

Volatus Aerospace (TSXV:FLT)(OTCQX:TAKOF) a marqué une étape historique à l'aéroport international d'Edmonton (YEG) en participant au lancement de la phase deux d'un projet de drones. Cette phase prolonge le chemin de vol des drones de YEG à Leduc et représente la première opération de drones au Canada à intercepter en toute sécurité un chemin de descente d'une piste active. Opérant sous la marque Drone Delivery Canada, le projet a déjà réalisé plus de 3 000 vols commerciaux de drones, couvrant plus de 8 500 kilomètres lors de la phase 1.

Le PDG de l'entreprise, Glen Lynch, a souligné la possibilité d'expansion de leur technologie RPAS et leur capacité à opérer dans des environnements divers. Volatus explore désormais des opportunités de croissance internationale dans des régions comme l'Afrique, l'Arctique et les secteurs offshore, où les réglementations sont moins strictes. Ces marchés présentent un potentiel pour des applications plus larges des drones dans des secteurs tels que l'énergie, la logistique et la santé.

Volatus Aerospace (TSXV:FLT)(OTCQX:TAKOF) hat einen historischen Meilenstein am Edmonton International Airport (YEG) erreicht, indem es am Start der zweiten Phase eines Drohnenprojekts teilgenommen hat. Diese Phase erweitert den Flugweg der Drohnen von YEG nach Leduc und stellt die erste Drohnenoperation in Kanada dar, die sicher den Anflugweg einer aktiven Landebahn kreuzt. Unter der Marke Drone Delivery Canada operierend, hat das Projekt bereits über 3.000 kommerzielle Drohnenflüge absolviert und mehr als 8.500 Kilometer in Phase 1 zurückgelegt.

Der CEO des Unternehmens, Glen Lynch, hob die Skalierbarkeit ihrer RPAS-Technologie und die Fähigkeit hervor, in verschiedenen Umgebungen zu arbeiten. Volatus untersucht nun internationalen Wachstumschancen in Regionen wie Afrika, der Arktis und Offshore-Sektoren, wo die Vorschriften weniger restriktiv sind. Diese Märkte bieten Potenzial für breitere Drohneneinsätze in Branchen wie Energie, Logistik und Gesundheitswesen.

Positive
  • Successful completion of over 3,000 commercial drone flights covering 8,500+ kilometers in phase 1
  • First drone operation in Canada to safely intersect an active runway glide path
  • Expansion of drone flight path from Edmonton International Airport to Leduc
  • Potential for international growth in less restrictive regulatory environments
  • Demonstrated ability to manage remotely piloted operations from 3,300 km away
Negative
  • None.

TORONTO, ON / ACCESSWIRE / September 18, 2024 / Volatus Aerospace Inc. (TSXV:FLT)(OTCQX:TAKOF)(Frankfurt:A3DP5Y)(Frankfurt:ABBA.F) is pleased to announce its participation in the launch event of phase two of the drone project at Edmonton International Airport (YEG), which extends the drone flight path from YEG to Leduc and marks a historic milestone as the first drone operation in Canada to safely intersect within an active runway glide path. The event, held in partnership with YEG and other stakeholders, highlights Volatus' operational capabilities and sets the stage for additional opportunities in Canada and expansion into new markets around the world.

Operating under the Drone Delivery Canada (DDC) brand, phase 1 of this project successfully completed over 3,000 commercial drone flights at YEG, covering more than 8,500 kilometers. These flights are part of the more than 9,000 remotely piloted operations managed autonomously from the Operations Control Centre (OCC) in Toronto 3,300 km away. This milestone underscores Volatus' ability to scale its RPAS (Remotely Piloted Aircraft Systems) technology for commercial use as well as its capacity to operate effectively in diverse environments.

"Participating in this historic event at Edmonton International Airport highlights our advanced capabilities in drone logistics and the scalability of our technology," said Glen Lynch, CEO of Volatus Aerospace. "While Canada remains a core market, we are seeing exciting growth opportunities in international regions, such as Africa, the Arctic, and offshore sectors, where regulations are less restrictive, enabling broader and more immediate drone applications. As we explore these markets, we are confident that our operational experience positions us to capitalize on new opportunities and expand our global reach, introducing operational efficiency across industries such as energy, logistics, and healthcare."

For more information on the previous announcement, visit: https://www.newswire.ca/news-releases/revolutionizing-shipping-drone-technology-soars-to-new-heights-at-yeg-822152073.html

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.

Explore our services and connect with us at http://www.volatusaerospace.com or https://dronedeliverycanada.com/ to learn more about how we can support your operational goals.

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: VOL

Media Contact:
Danielle Gagne
Head of Marketing and Communications
Danielle.gagne@volatusaerospace.com
+1-579-977-5066;ext=92006

SOURCE: Volatus Aerospace Corp.



View the original press release on accesswire.com

FAQ

What milestone did Volatus Aerospace (TAKOF) achieve at Edmonton International Airport?

Volatus Aerospace participated in the launch of phase two of a drone project at Edmonton International Airport, marking the first drone operation in Canada to safely intersect an active runway glide path.

How many commercial drone flights has Volatus Aerospace (TAKOF) completed in phase 1 of the YEG project?

Volatus Aerospace completed over 3,000 commercial drone flights covering more than 8,500 kilometers in phase 1 of the Edmonton International Airport project.

What international markets is Volatus Aerospace (TAKOF) exploring for growth opportunities?

Volatus Aerospace is exploring growth opportunities in international regions such as Africa, the Arctic, and offshore sectors, where drone regulations are less restrictive.

What industries could benefit from Volatus Aerospace's (TAKOF) drone applications in new markets?

Volatus Aerospace's drone applications could benefit industries such as energy, logistics, and healthcare in new international markets.

VOLATUS AEROSPACE INC

OTC:TAKOF

TAKOF Rankings

TAKOF Latest News

TAKOF Stock Data

41.81M
106.45M
30.83%
2.49%
Aerospace & Defense
Industrials
Link
United States of America
Oro-Medonte