Business
Volatus Aerospace Expands NATO ISR drone order to $1.7M and Commences Deliveries
TORONTO, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV:FLT) (OTCQX:TAKOF) (...
About this update from Volatus Aerospace Inc.
[{"type":"text","content":"Volatus Aerospace Expands NATO ISR drone order to $1.7M and Commences Deliveries\n\n\n\n TORONTO, Sept. 23, 2025 (GLOBE NEWSWIRE) --\n \n Volatus Aerospace Inc.\n \n (TSXV:FLT) (OTCQX:TAKOF) (Frankfurt: ABB), a Canadian leader in aerial intelligence and cargo solutions, is pleased to announce that the tactical intelligence, surveillance, and reconnaissance (ISR) drone contract disclosed on August 5, 2025, has been expanded by an additional C$700,000, bringing the total contract value to approximately C$1.7 million, at gross margins in line with the Company’s standard defense sector equipment delivery. Deliveries of the drone systems are now underway and expected to be completed in Sept 2025.\n \n\n The order expansion highlights the customer’s confidence in Volatus’ proven ability to deliver mission-critical ISR solutions on time and at scale. The Company’s ISR drone systems offerings are engineered for rapid deployment, day-and-night operations, and robust data capture to enhance tactical situational awareness.\n \n\n “This contract expansion and the commencement of deliveries validate both the strength of our ISR product line offerings and our ability to execute on significant defense orders,” said Glen Lynch, CEO of Volatus Aerospace. “We continue to demonstrate our capacity to deliver for allied defense customers as demand for scalable and cost-effective ISR capabilities grows across NATO member states.”\n \n\n With fulfillment already in progress, this contract further solidifies Volatus’ role as a trusted defense partner, leveraging its combined expertise in piloted and remotely piloted aircraft systems to meet a broad range of operational requirements.\n \n\n\n About Volatus Aerospace Inc.\n \n\n\n Volatus is a leader in innovative global aerial solutions for intelligence and cargo. With over 100 years of combined institutional knowledge in aviation, Volatus provides comprehensive solutions using both piloted and remotely piloted aircraft systems for a wide array of industries, including oil and gas, energy utilities, healthcare, public safety, and infrastructure. The Company is committed to enhancing operational efficiency, safety, and sustainability through cutting-edge aerial technologies. For more information, visit www.volatusaerospace.com.\n \n\n\n Forwa...