Volatus Aerospace: Delivering Today, Building for Tomorrow - Positioned as Canada's Leader in Sovereign Aerial Solutions

About this update from Volatus Aerospace Inc.

[{"type":"text","content":"Volatus Aerospace: Delivering Today, Building for Tomorrow – Positioned as Canada’s Leader in Sovereign Aerial Solutions\n\n\n\n TORONTO, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV: FLT, OTCQX: TAKOF, Frankfurt: ABB) today provided a corporate update, highlighting its strong financial position, expanding roster of international contracts, and alignment with Canada’s defense and industrial priorities. With disciplined execution and growing global demand for advanced aerial solutions, Volatus is demonstrating momentum today while building the foundation for long-term leadership.\n \n\n Canada’s reinforced focus on NATO readiness, Arctic sovereignty, and domestic industrial capacity mirrors Volatus’ core strengths in intelligence, surveillance and reconnaissance (“ISR”), such as border and maritime surveillance, wildfire response, and reforestation, areas where the company is already providing solutions alongside Canadian and NATO-aligned partners.\n \n\n “We have entered a period of unprecedented opportunity for Canadian aerospace and defense technology, and Volatus is strategically positioned to lead,” said Glen Lynch, CEO of Volatus Aerospace. “Our strong balance sheet, regulatory readiness, and unmatched operational capabilities give us the runway to scale both in Canada and globally. We will execute with discipline, directing our capital and expertise on profitable growth, focus on converting our $600 million sales pipeline into long-term, multi-year contracts, accelerating domestic capacity, and solving real-world challenges for our clients and partners.”\n \n\n\n Demonstrated Momentum\n \n\n\n\n\n Strong Financial Position\n \n – Approximately $20 million of cash on the balance sheet and strong working capital provide runway to execute. The company has attracted long-term institutional support from partners including Investissement Québec (IQ)\n \n ,\n \n Export Development Canada (EDC), and other Quebec-based institutions.\n \n\n\n Contract Wins\n \n – Delivered approximately $5 million in ISR and public safety contracts, including deliveries to NATO partners and emergency response agencies.\n \n\n\n Regulatory Readiness\n \n – Secured multiple regulatory approvals enabling expanded remote operations, m...

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