Surf Air Mobility

VOLATUS AEROSPACE (OTCMKTS: VLTTF) STOCK QUOTE

Last Trade: US$0.09 -0.0097 -10.00
Volume: 2,651
5-Day Change: -1.00%
YTD Change: -1.00%
Market Cap: US$10.970M

LATEST NEWS FROM VOLATUS AEROSPACE

Expanding Service Offering in Agriculture and Forestry into the U.S. TORONTO, ON / ACCESSWIRE / February 13, 2024 / Volatus Aerospace Corp. (TSXV:VOL) (OTCQB:VLTTF) ("Volatus" or "the Company"), a leader in the operation of piloted and remotely piloted aircraft systems (drones), announced that it has received authorization from the Federal Aviation Administration (FAA) in the USA for Commercial Agricultural Aircraft... Read More
Expected 2024 Revenue of C$2M with 9% EBITDA. TORONTO, ON / ACCESSWIRE / January 9, 2024 / Volatus Aerospace Corp. (TSXV:VOL)(OTCQB:VLTTF) ("Volatus" or "the Company"), a leader in innovating aerial intelligence, announced today that on January 1st, 2024 it has completed the acquisition of UK-based companies, Aerial Motion Pictures Ltd., dba UAVHub and Open Sky Consulting International Ltd., dba The Drone Mentor. The... Read More
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Expected 2024 Revenue of C$2M with 9% EBITDA TORONTO, ON / ACCESSWIRE / December 7, 2023 / Volatus Aerospace Corp. (TSXV:VOL)(OTCQB:VLTTF) ("Volatus" or "the Company"), a leader in innovating aerial intelligence, announced today that it signed an arm's length definitive agreement on November 30 th , 2023 to acquire two... Read More
Q3 2023 Revenue of $8.27M and first 9 months revenue at $24.37M TORONTO, ON / ACCESSWIRE / November 27, 2023 / Volatus Aerospace Corp. (TSXV:VOL)(OTCQB:VLTTF) ("Volatus" or "the Company"), a global leader in the drone industry, is pleased to announce its financial results for the quarter ending Sept 30, 2023 ("Q3 2023"). The Company generated revenues of $8,274,349 for the three months ending Sept 30, 2023, with a 36% gross... Read More
TORONTO, ON / ACCESSWIRE / November 7, 2023 / Volatus Aerospace Corp. (TSXV:VOL)(OTCQB:VLTTF) ("Volatus" or "the Company") today announced the sale and delivery of C$1.6M worth of surveillance drones to a Canadian Defence Contractor. "Volatus Aerospace plays an important role in providing equipment, training, and turnkey services for clients involved in search and rescue operations, public safety, and defence," says Rob... Read More
TORONTO, ON / ACCESSWIRE / November 1, 2023 / Volatus Aerospace Corp. (TSXV:VOL)(OTCQB:VLTTF) ("Volatus" or "the Company") today announced that they have secured a three-year contract on Oct 24, 2023 with a potential value of up to $60M with a major U.S. Power Utility to provide drone inspection services and reporting on their Transmission and Distribution towers (T&D), expanding the Company's already growing T&D inspection... Read More
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TORONTO, ON / ACCESSWIRE / September 18, 2023 / Volatus Aerospace Corp. (TSXV:VOL) (OTCQB:VLTTF) ("Volatus" or "the Company")and Flyscan Systems., today announced that they have entered into a services agreement through the Company's subsidiary Synergy Aviation Ltd., and Flyscan Systems Inc. Under the terms of the agreement,... Read More
Initial Contract to Add Additional Surveillance Revenue of Up to $4M in 2024 TORONTO, ON / ACCESSWIRE / September 8, 2023 / Volatus Aerospace Corp. (TSXV:VOL) (OTCQB:VLTTF) ("Volatus" or "the Company")is proud to announce expansion into the US of its oil and gas pipeline surveillance operations, signing an initial contract with a leading energy company headquartered in the US set to launch in October 2023. A leading provider... Read More
Record Q2 Revenues, Cost Reduction Plan Drives Gross Profit & Gross Margins TORONTO, ON / ACCESSWIRE / August 28, 2023 / Volatus Aerospace Corp. (TSXV:VOL)(OTCQB:VLTTF) ("Volatus" or "the Company"), a global leader in the drone industry, is pleased to announce its financial results for the quarter ending June 30, 2023 ("Q2 2023"). The Company generated revenue of $8,684,991 for the three months ending June 30, 2023. Revenue... Read More
TORONTO, ON / ACCESSWIRE / August 11, 2023 / Volatus Aerospace Corp. (TSXV:VOL)(OTCQB:VLTTF) ("Volatus" or "the Company") announces that on July 25 th , 2023 the Company has signed a reseller agreement with Inspired Flight , a US-based National Defense Authorization Act (NDAA) compliant drone manufacturer, to meet client demands for reliable off-the-shelf blue sUAS qualified equipment in the mid-sized class. Typically, this... Read More
TORONTO, ON / ACCESSWIRE / August 9, 2023 / Volatus Aerospace Corp. (TSXV:VOL)(OTCQB:VLTTF) ("Volatus" or "the Company") announced that it has acquired all the minority shares of Volatus Unmanned Services Inc., (VUS) to consolidate and optimize costs and business operations. The estimated savings through consolidation is ~C$1.1M+ on an annualized basis. Benefits will begin to be realized in Q3 2023 and beyond. The Company... Read More
Science Experiential Aerial Research Program Kickstarts in Florida TORONTO, ON / ACCESSWIRE / July 27, 2023 / Volatus Aerospace Corp. (TSXV:VOL)(OTCQB:VLTTF) ("Volatus" or "the Company") announced today that it has expanded into the U.S. with the kick off of its newest version of the Science Experiential Aerial Research (SEAR) Program-The Litter Project. High school students in Florida began the course this week and will be... Read More
Flying Under Transport Canada Special Authority Beyond Line of Sight and Above 400 Ft. TORONTO, ON / ACCESSWIRE / July 18, 2023 / Volatus Aerospace Corp. (TSXV:VOL) (OTCQB:VLTTF) ("Volatus" or "the Company") announced today that it has successfully completed its first field deployment supporting wildfire suppression agencies in Western Canada with remotely piloted aircraft. Wildfires can quickly and unexpectedly get out of... Read More
TORONTO, ON / ACCESSWIRE / June 1, 2023 / Today, Volatus Aerospace Corp. (TSXV:VOL)(OTCQB:VLTTF) ("Volatus" or "the Company") announces that it has passed the Alberta Wildfire Services' Hinton GRID Testing evaluation process to become a qualified vendor providing infrared imaging services from drones for wildfire suppression. The Hinton GRID Testing establishes whether vendors can meet criteria on target sensitivity,... Read More
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TORONTO, ON / ACCESSWIRE / May 30, 2023 / Today, Volatus Aerospace Corp. (TSXV:VOL)(OTCQB:VLTTF) ("Volatus" or "the Company") announces it has received a Transport Canada special authority to operate heavy crop spraying drones weighing over 25 kg anywhere in Canada. This special authority enables pilots who are trained through... Read More
Revenue has grown 54% over same quarter last year, with a gross margin of 32% TORONTO, ON / ACCESSWIRE / May 25, 2023 / Volatus Aerospace Corp. (TSXV:VOL)(OTCQB:VLTTF) ("Volatus" or "the Company"), a global leader in the drone industry, is pleased to announce its financial results for the quarter ending March 31, 2023 ("Q1 2023"). The Company generated revenue of $7,412,480 in the first three months of 2023. Revenue for Q1... Read More
TORONTO, ON / ACCESSWIRE / May 11, 2023 / Volatus Aerospace Corp. (TSXV:VOL)(OCTQB:VLTTF) (" Volatus " or the " Company ") announced today that it has completed a closing of its previously announced brokered private placement offering (the " Offering ") of 12% senior unsecured convertible debenture units of the Company (the " Debenture Units "). Pursuant to the Offering, the Company has issued and sold 2,646 Debenture Units... Read More
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TORONTO, ON / ACCESSWIRE / May 10, 2023 / Today, Volatus Aerospace Corp. (TSXV:VOL)(OTCQB:VLTTF) ("Volatus" or "the Company") announces that it has signed an exclusive distribution agreement with AEE for the Americas with the intent to ultimately produce NDAA compliant versions of their products. "We are excited to start... Read More
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Industry-leading UAV integrator is a primary distributor for the Americas TORONTO, ON / ACCESSWIRE / May 9, 2023 / Velos Rotors announces that Volatus Aerospace Corp . (TSXV:VOL) (OTCQB:VLTTF) has become the exclusive distributor for the Americas. The partnership will support future growth for both companies as they provide a... Read More
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TORONTO, ON / ACCESSWIRE / May 3, 2023 / Volatus Aerospace Corp. (TSXV:VOL) (OTCQB:VLTTF) ("Volatus" or "the Company"), announced that it has been granted a Special Flight Operating Certificate (SFOC) to fly beyond visual line of sight (BVLOS) and above 400 feet above ground level (AGL) in order to support fire suppression... Read More
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Proforma Revenue of $39 million, with a gross margin of 31% TORONTO, ON / ACCESSWIRE / April 27, 2023 / Volatus Aerospace Corp. (TSXV:VOL) (OTCQB:VLTTF) ("Volatus" or "the Company"), a global leader in the drone industry, is pleased to announce its fourth quarter and fiscal 2022 financial results. Key Financial Highlights for... Read More
TORONTO, ON / ACCESSWIRE / April 13, 2023 / Volatus Aerospace Corp. (TSXV:VOL)(OCTQB:VLTTF) (" Volatus " or the " Company ") is pleased to announce that it has entered into an agreement with Echelon Wealth Partners Inc. (" Echelon ") pursuant to which Echelon will act as lead agent and sole bookrunner, on behalf of a syndicate of other agents including Canaccord Genuity Corp. (the " Agents "), in connection with a brokered... Read More
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Significantly enhancing inspection capabilities in the power utilities sector and expanding into the U.S. TORONTO, ON / ACCESSWIRE / April 5, 2023 / Volatus Aerospace Corp. (TSXV:VOL) (OTCQB:VLTTF) ("Volatus" or "the Company") announced today that it has completed the acquisition of Sky Scape Industries, LLC., of Woodbine New... Read More
Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") is pleased to announce that its subsidiary, Canadian Air National Inc., has signed a 3-year master service agreement with a leading pipeline operator to provide pipeline right-of-way asset and environmental monitoring throughout Ontario. The agreement, signed on March 2nd, is estimated to generate revenues of up to $5M over the next three years... Read More
Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) (“Volatus” or “the Company”) announced today that it has signed an arm’s length definitive agreement to acquire Sky Scape Industries, LLC., a New Jersey based company providing airborne intelligence data services. Founded in 2014, Sky Scape Industries uses remote sensing techniques to provide comprehensive inspection services including facility, structural, line, and right... Read More
Volatus anticipates unaudited proforma gross profit margin of approximately 31% in 2022 compared to 26% in 2021. Consequently, management is pleased to report preliminary full-year 2022 gross profit margin consistent with its original guidance. Volatus Aerospace Corp. (“Volatus” or “the Company”) (TSXV:VOL) (OTCQB:VLTTF) is pleased to announce preliminary, unaudited proforma Net Revenue and Gross Profit results for the... Read More
Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") is pleased to announce that the Company has been issued a Canadian Transportation Agency (CTA) License for domestic service, all-cargo aircraft. This license builds on the existing capabilities authorized by CTA licenses held by Volatus subsidiaries Partner Jet Inc. (Volatus Aviation) and Synergy Aviation. The addition of this license allows the... Read More
Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") is pleased to announce that it has finalized the arms-length acquisition of New York based Empire Drone Company LLC. The acquisition, first announced November 28 th , 2022 , provides Volatus with expanded distribution for drone technologies in the American Market and a corresponding increase in gross margin performance for all US sales. “The... Read More
Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") is pleased to announce that it has entered into an exclusive agreement to help manufacture, market and distribute Airial Robotics’ next generation of Unmanned Aerial Vehicles (UAVs) under the Volatus Aerospace brand and its subsidiaries. “We are already seeing significant demand for Airial Robotics’ products,” said Dean Attridge, Volatus Vice... Read More
Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") is pleased to announce that its UK subsidiary, iRed Ltd, has signed a contract for monthly recurring inspections to detect fugitive methane leaks at 14 water treatment facilities across the northwest of the United Kingdom. According to “Faster and Further: Canada’s Methane Strategy,” Sept. 2022, Methane is a potent greenhouse gas with 25 times... Read More
Preparing High School Students for Careers in STEAM and Aviation Toronto, Ontario--(Newsfile Corp. - December 13, 2022) - Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") is pleased to announce the expansion of its Science Experiential Aerial Research (SEAR) Program in participating school divisions throughout Manitoba thanks to a grant provided by Research Manitoba with the support of the... Read More
Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) (“Volatus” or “the Company”) announced today that it has signed an arm’s length definitive agreement to acquire Syracuse-based Empire Drone Company LLC., one of North America’s fastest-growing distributors and integrators for unmanned aerial systems. With Fortune Business Insights projecting the commercial drone market to grow to $47.38 billion by 2029 at a CAGR of 28.58%,... Read More
Today, Volatus Aerospace Corp . (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") introduces the robotic crawler, Hydra . Outfitted with wear-resistant all-terrain treads and built on a solid metal chassis, the Hydra is a robotic crawler platform controlled with a rugged dual-screen remote and equipped with an easy-to-use customizable switch layout. Designed for use in a variety of applications with a wide range of... Read More
Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") is pleased to report that it has completed the acquisitions of Synergy Aviation of Edmonton Alberta, first announced on October 13, 2022 and iRed Remote Sensing of Emsworth, England, first announced on October 28, 2022. Synergy Aviation provides Volatus with a strong position in Oil and Gas infrastructure monitoring with the ability to introduce... Read More
Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company"), a global leader in the drone industry, is pleased to announce its financial results for the quarter ending September 30, 2022 ("Q3 2022"). The Company generated revenue of $22,558,010 in the first nine months of 2022. The third quarter of drone services, also known as data as a service, witnessed a growth of 16%. Revenue for Q3 2022 was... Read More
This notice is an amendment to the announcement released on October 13, 2022, to include additional information relating to Synergy shareholders' option to convert remaining Synergy shares to Volatus equity. The option of the Synergy shareholders to sell the remaining 49% equity in 2024 after meeting minimum operational and financial metrics will be at the same valuation at Closing and in exchange for Volatus shares based on... Read More
Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company"), a global leader in the drone industry, will be announcing its Q3 2022 Earnings on November 7 th before market opening and will host earnings call later that afternoon for investors and stakeholders. Volatus investor relations will host a webinar on Monday, November 7 th at 4:30 PM EST at which time Glen Lynch, Chief Executive Officer, and... Read More
Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") announced today that it has signed an arm’s length definitive agreement dated Oct 17, 2022 to acquire iRed Limited, a drone services and training company based in Emsworth, England (“iRed”). This acquisition provides a foundation for continued growth in the region and reinforces Volatus’ overall thermographic capabilities. “We began our expansion... Read More
Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") announced today that it has signed an arm’s length definitive agreement dated Oct 17, 2022 to acquire iRed Limited, a drone services and training company based in Emsworth, England (“iRed”). This acquisition provides a foundation for continued growth in the region and reinforces Volatus’ overall thermographic capabilities. “We began our expansion... Read More
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Volatus Aerospace Corp . (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") announced today that it has signed an arm's length definitive agreement dated Oct 12, 2022, to acquire Alberta-based Synergy Aviation Ltd. This acquisition will solidify Volatus’ position in Western Canada providing privileged access to much of... Read More
Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) (“ Volatus ” or the “ Company ”) is pleased to announce that, in connection with the closing of its previously announced marketed public offering (the “ Offering ”) of 11,171,812 units of the Company (the “ Units ”) and concurrent brokered private placement of 569,222 Units on the same terms as the Offering (the “ Concurrent Private Placement ”), the TSX Venture Exchange... Read More
Volatus Aerospace Corp . (TSXV: VOL) (OTCQB: VLTTF) (“ Volatus ” or the “ Company ”) is pleased to announce that it has closed its previously announced marketed public offering (the “ Offering ”) of 11,171,812 units of the Company (the “ Units ”), inclusive of 60,612 Units forming part of the over-allotment option, at a price of $0.36 per Unit for gross proceeds of approximately $4,021,852. Each Unit is comprised of one... Read More
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Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") today announced a Collaboration Agreement with Accipiter Radar Technologies Inc. signed on 20 September, 2022 to facilitate and commercialize drone flights beyond visual line of sight (BVLOS). This will allow Volatus to introduce clean energy drone... Read More
Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) (the “Company” or “Volatus”) is providing a supplementary update in respect of its brokered private placement of units announced by way of press release on August 29, 2022 (the “Brokered Private Placement”). The Brokered Private Placement is intended to accommodate investors in the Province of Quebec as the Prospectus Offering (as defined below) is not applicable in the... Read More
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At the Commercial UAV Expo in Las Vegas, the world’s leading commercial drone trade show and conference, Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") will demonstrate the current capabilities of remotely piloted operations by flying multiple drones from its remote operations center at the... Read More
Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company"), a global leader in the drone industry, is pleased to announce its financial results for the quarter ending June 30, 2022 ("Q2 2022"). The revenue increase in Q2 2022 was driven by strong organic growth, expansion into the defense segment, geographic expansion, and higher services and training revenue. The Company generated revenue of $11,437,421... Read More
Volatus Aerospace Corp . (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") is pleased to announce that it is the first company in Canada to receive a Beyond Visual Line Of Sight ("BVLOS") Special Flight Operations Certificate (SFOC) from Transport Canada to operate a remotely piloted aircraft (RPAS, drone) without a visual observer, using a ground-based optical detect and avoid system. This is a key milestone in the... Read More
Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) (“ Volatus ” or the “ Company ”) is pleased to announce that it has filed a preliminary short form prospectus (the “ Prospectus ”) in connection with a proposed marketed public offering (the “ Offering ”) of 11,111,200 units of the Company (the “ Units ”) at a price of $0.36 per Unit (the “ Offering Price ”) for aggregate gross proceeds to the Company of up to $4,000,032,... Read More
Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") is proud to announce that Ian McDougall, Chairman of the Volatus Aerospace Board of Directors, has accepted the invitation of The Hague Court of Arbitration to join their Aviation Advisory Board. Located in The Hague, Netherlands and administered by the Netherlands Arbitration Institute, THE HAGUE COURT OF ARBITRATION FOR AVIATION is a non-profit... Read More
Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") today announced the introduction of a full-service financing program for enterprise and industrial drone equipment to help drone service providers, public safety agencies and industrial clients leverage the rapid evolution of related technologies. The program includes rental, usage contracts, and customized funding arrangements for the sale of... Read More
Volatus Aerospace Corp. (TSXV:VOL, OTCQB:VLTTF) ("Volatus" or "the Company") is pleased to announce that it has signed an agreement on Monday, June 27, 2022 to provide ongoing RPAS technical skills training to Moose Cree First Nation members. The training activity will take place in the Moose Cree community and Volatus will mentor the nation in developing its critical skills and infrastructure for a robust RPAS business... Read More
Volatus Aerospace Corp., (“Volatus” or the “Company”) today announces that it has granted an aggregate of 1,440,000 incentive stock options to a total of nineteen management personnel of the Company. Each stock option entitles the holder to purchase one common share of the Company for an exercise price of $0.36 at any time until June 27, 2027. Twenty-five percent (25%) of the stock options shall vest on the first anniversary... Read More
Volatus Aerospace Corp. , (“Volatus” or the “Company”) today announces that it has granted an aggregate of 1,440,000 incentive stock options to a total of nineteen management personnel of the Company. Each stock option entitles the holder to purchase one common share of the Company for an exercise price of $0.36 at any time until June 27, 2027. Twenty-five percent (25%) of the stock options shall vest on the first... Read More
Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") today announced the appointment of Lt. General (ret'd) the Honourable Andrew Leslie to its Board of Directors, effective June 23, 2022. Born into a multi-generational military and public service family, he has been a soldier, business leader, and a Member of Parliament for the federal riding of Orléans (2015). As a parliamentarian, he was a... Read More
Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") proudly introduces its autonomous remote drone nesting solution AERIEPORT at the Annual Energy Drone & Robotics Summit in Houston, Texas. The AERIEPORT is an all-weather solution designed to operate remotely in extreme temperatures ranging from -67°F to +131°F. It features an onboard weather station, a 4 SIM, 5G, highspeed LTE connection with... Read More
Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") announces a joint venture with EOLO Drones S.A.C. ("EOLO") signed on June 2, 2022. The business will be called Volatus Aerospace LATAM and will expand Volatus' commercial operations in Latin America. Under the terms of the agreement, which includes commercial activities for both civil and governmental entities, Volatus Aerospace holds 75% equity,... Read More

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