Mr. Glen Lynch reports

VOLATUS AEROSPACE INC. AND KONGSBERG GEOSPATIAL ANNOUNCE STRATEGIC COLLABORATION TO ADVANCE BVLOS OPERATIONS USING IRIS TERMINAL TECHNOLOGY

Volatus Aerospace Inc. and Kongsberg Geospatial have entered a new collaboration to enhance beyond visual line of sight (BVLOS) capabilities for remotely piloted aircraft systems (RPAS) through the integration of Kongsberg's IRIS terminal into Volatus's state-of-the-art operations control centre (OCC).

Under this commercial agreement, Volatus will use its OCC to test, validate and demonstrate Kongsberg's IRIS terminal software, designed to provide operators with real-time airspace awareness, showcasing IRIS terminal's functionality to potential clients, providing comprehensive demonstrations to display real-time situational awareness and control over BVLOS operations. Additionally, the companies will work closely to secure regulatory approvals across multiple jurisdictions, expanding both companies' reach and compliance capabilities in the BVLOS sector.

"Our collaboration with Kongsberg Geospatial represents a strategic move to advance and commercialize BVLOS operations across diverse industries," said Glen Lynch, chief executive officer of Volatus Aerospace. "Maintaining airspace awareness to avoid conflicts with other aircraft is essential for ensuring safe beyond visual line of sight (BVLOS) operations. By integrating IRIS terminal into our operations control centre, we are not only enhancing our BVLOS capabilities in terms of safety, reliability and scalability but are also positioning ourselves to drive new revenue opportunities by offering robust solutions for clients ready to unlock the full potential of RPAS."

This collaboration will allow potential end users to witness live demonstrations of Kongsberg's IRIS terminal within the Volatus OCC. The IRIS terminal integration will serve as third party proof-of-concept, supporting both companies in securing long-term BVLOS contracts as industries increasingly recognize the value of autonomous RPAS operations across sectors like public safety, energy and infrastructure.

"Partnering with Volatus Aerospace enables us to validate our technology in real-world scenarios and connect with customers ready for advanced RPAS solutions," said Jordan Freed, chief executive officer of Kongsberg Geospatial. "With Volatus's operational excellence, we can shape the future of BVLOS operations, addressing the growing demand for safe, efficient and compliant RPAS solutions across industries."

This partnership leverages Kongsberg's advanced airspace visualization technology alongside Volatus's BVLOS (beyond visual line of sight) operational expertise. As Kongsberg adds new features, introduces new software and integrates new sensors, it will leverage the operations control centre and its operators/pilots to provide regular real-world feedback to accelerate the development process. These solutions enable drones to operate over longer distances without the pilot's direct line of sight, opening new possibilities for industries such as public safety, energy utilities and infrastructure management.

This collaboration is expected to open significant revenue-generating opportunities as Volatus and Kongsberg work together to commercialize BVLOS solutions that meet stringent safety and regulatory requirements, positioning both companies at the forefront of a rapidly expanding market.

About Volatus Aerospace Inc.

Volatus Aerospace is a leader in innovative global aerial solutions for intelligence and cargo. With a strong foundation of over 100 years of combined institutional knowledge in aviation, Volatus provides comprehensive solutions using both piloted and remotely piloted aircraft systems (RPAS).

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