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Volatus Aerospace Corp., trading on the TSXV as VOL and OTCQB as VLTTF, is a renowned leader in the drone industry, offering integrated drone solutions across North America into Latin America and globally. The company caters to civil, public safety, and defense markets through imaging and inspection, security and surveillance, equipment sales and support, training, and R&D. Volatus's subsidiary, Volatus Aviation, is introducing eco-friendly drone solutions for pipeline, energy, rail, and cargo services. Committed to carbon neutrality and fostering an inclusive workplace, Volatus is a pioneer in the aerial intelligence sector.
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Volatus Aerospace Corp. has signed a reseller agreement with Inspired Flight, a US-based NDAA-compliant drone manufacturer, to provide off-the-shelf blue sUAS qualified equipment. The agreement aims to meet client demands for reliable drones for infrastructure inspection. Volatus granted 3,057,500 stock options to 51 managers and employees, with an exercise price of $0.23 and vesting over four years.
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Volatus Aerospace Corp. (TSXV:VOL)(OTCQB:VLTTF) announced the launch of the Science Experiential Aerial Research (SEAR) Program-The Litter Project in Florida, expanding into the U.S. The program focuses on machine learning, aerial intelligence collection, and essential science disciplines for high school students, aiming to prepare them for careers in aviation, technology, and science. The curriculum addresses the issue of litter and aligns with national- and state-defined science and math learning outcomes.
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Volatus Aerospace Corp. has successfully completed its first field deployment supporting wildfire suppression agencies in Western Canada with remotely piloted aircraft. The use of drones provides timely data collection and improved situational awareness for firefighters, aiding in planning and resource management. With the potential increase in wildfires due to climate change, the demand for remotely piloted aircraft is expected to accelerate.
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Volatus Aerospace Corp. announces approval to provide infrared imaging services for wildfire suppression in Alberta. The company has also received an extension for its proposed private placement offering.
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Volatus Aerospace Corp. has received a special authority from Transport Canada to operate heavy crop spraying drones weighing over 25 kg anywhere in Canada. This approval allows the company to offer compliant drone crop spraying services across the country, providing a cost-efficient and greener method for maintaining crops.
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Volatus Aerospace Corp. has completed a closing of its previously announced brokered private placement offering, raising C$2,646,000. The offering consisted of 12% senior unsecured convertible debenture units, with each unit comprised of a $1,000 principal amount senior unsecured convertible debenture and 1,000 common share purchase warrants. The debentures will mature on May 11, 2025, and can be converted into common shares at a conversion price of $0.50 per share. The net proceeds will be used for research and development and general working capital purposes.
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FAQ
What is the current stock price of VOLATUS AEROSPACE (VLTTF)?
The current stock price of VOLATUS AEROSPACE (VLTTF) is $0.1899 as of February 7, 2025.
What is the market cap of VOLATUS AEROSPACE (VLTTF)?
The market cap of VOLATUS AEROSPACE (VLTTF) is approximately 34.6M.
What markets does Volatus Aerospace serve?
Volatus Aerospace serves civil, public safety, and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, as well as R&D, design, and manufacturing.
What are the subsidiaries of Volatus Aerospace?
Volatus's subsidiary, Volatus Aviation, is introducing green and innovative drone solutions to supplement and replace traditional aircraft and helicopters for long-linear inspections like pipeline, energy, rail, and cargo services.
What is Volatus Aerospace's commitment to the environment?
Volatus Aerospace is committed to carbon neutrality, fostering a safe, equitable, and inclusive workplace, and responsible governance.
What are the stock symbols for Volatus Aerospace Corp.?
Volatus Aerospace Corp. is traded as VOL on the TSXV and as VLTTF on the OTCQB.
What sets Volatus Aerospace apart in the drone industry?
Volatus Aerospace is a leader in the drone industry, offering integrated drone solutions with a focus on aerial intelligence and eco-friendly technology. The company has a strong presence in North America, Latin America, and globally.
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