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Volatus Aerospace Inc
Symbol FLT
Shares Issued 501,584,585
Close 2025-06-25 C$ 0.255
Market Cap C$ 127,904,069
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Volatus Aerospace signs national agriculture contract

2025-06-25 16:41 ET - News Release

Mr. Glen Lynch reports

VOLATUS AEROSPACE SECURES STRATEGIC NATIONAL CONTRACT TO POWER CANADA'S DATA-DRIVEN AGRICULTURE MOVEMENT

Volatus Aerospace Inc. has signed a new national agriculture contract supporting data-driven crop intelligence, awarded by a leading provider of crop intelligence technologies in North America. This contract positions Volatus at the forefront of precision agriculture, one of the fastest-growing applications of drone and remote sensing technology.

Under the agreement, Volatus will deploy its advanced drone operations to conduct multispectral aerial surveys across 21 agricultural sites in Alberta, Ontario, Manitoba and Quebec. Each site will be surveyed twice during the growing season, capturing critical insights into plant health and crop performance. Flights are already under way.

Unlocking value in precision agriculture

The project underscores the accelerating demand for scalable, technology-driven farming solutions. According to Agriculture and Agri-Food Canada, smart farming including the use of drone and sensor technology is key to addressing challenges such as sustainable food production, rising input costs and the need for improved yields. This contract aligns with those trends and demonstrates how Volatus is turning agricultural innovation into real revenue.

"This contract showcases Volatus's unique ability to scale drone operations efficiently across Canada," said Glen Lynch, chief executive officer of Volatus Aerospace. "Our growing network of local teams enables rapid mobilization in rural and remote areas, and this project sets the stage for future innovation using remotely operated and autonomous nested drone solutions to support the evolving needs of smart agriculture."

Volatus remains committed to pushing the boundaries of aerial technology to enhance real-world applications. With field pilots currently conducting operations, the company is also developing advanced operational models that incorporate beyond visual line of sight, remote operation and drone-in-a-box technologies for continuous crop monitoring throughout the growing season.

This agriculture initiative strengthens Volatus's growing commercial portfolio of drone-based services and further demonstrates its ability to execute large-scale, time-sensitive projects across diverse geographies and industries.

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. It serves industries such as oil and gas, utilities, health care, defence, and public safety. Its mission is to enhance operational efficiency, safety and sustainability through cutting-edge, real-world solutions.

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