Volatus Aerospace Advances Canada’s Next Chapter in Autonomous Aviation

About this update from Volatus Aerospace Inc.

Transport Canada acceptance under Canada's new Pre-Validated Declaration process reinforces Volatus' leadership in the commercialization of integrated autonomous aviation systems TORONTO, July 08, 2026 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. ("Volatus" or the "Company") (TSX: FLT) (OTCQX: TAKOF) (Frankfurt: ABB), a Canadian-headquartered global aerospace and defence company, today announced it is among the first companies in Canada to receive Transport Canada's Letter of Acceptance under the new Pre-Validated Declaration (PVD) process for its Canary Remotely Piloted Aircraft System (RPAS). The Canary is the only RPAS to meet all of Transport Canada's safety requirements for Beyond Visual Line-of-Sight (BVLOS) operations in populated areas using onboard detect-and-avoid (DAA), without requiring an external DAA solution, a significant milestone in the commercialization of autonomous aviation in Canada. "This achievement represents years of investment in engineering, manufacturing, operational experience and regulatory engagement," said Glen Lynch, Chief Executive Officer of Volatus. "As autonomous aviation moves from demonstration projects to commercial deployment, customers and governments are looking for trusted partners that can deliver complete, regulatory-ready systems, not simply advanced aircraft. We believe this milestone validates both our technology and the integrated capabilities that differentiate Volatus as the market continues to mature." The Letter of Acceptance reflects Transport Canada's acceptance of Volatus' proposed means of compliance for its integrated RPAS platform. The Canary combines advanced aircraft design, onboard DAA capability, autonomous flight technologies, command and control systems, operational procedures and supporting safety architecture into a unified operational platform designed for increasingly complex commercial missions. The Letter of Acceptance is a prerequisite to completing verification activities and submitting a formal Safety Assurance Declaration under Canada's new RPAS Safety Assurance framework. The milestone also reinforces Volatus' long-term strategy of building an integrated autonomous aviation platform that combines aircraft manufacturing, proprietary autonomy software, commercial operations, mission integration, training and regulatory expertise. Together, these capabilities enable Volatus to support customers across the full lifecycle of autonomous aviation from technology development and certification to operational deployment and long-term support.

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