The TSX Venture Exchange has accepted for filing documentation with respect to the arm's-length asset purchase agreement between Volatus Aerospace Inc. and an arm's-length party, Caliburn Holdings LLP. Pursuant to the agreement, the company has acquired a suite of advanced RPAS (remotely piloted aircraft systems) technologies from the vendor.

As consideration, the aggregate purchase price of $2-million will be satisfied by the company by issuing 2,631,579 common shares of the company at a deemed price of 76 cents per share to the vendor.

For further details, please refer to the company's news release dated Oct. 27, 2025.