Dubai Telegraph - Volatus Aerospace Welcomes UK-Based Air Data Systems to its Ecosystem, Expanding Global Capabilities

EUR -
AED 4.269099
AFN 72.644925
ALL 95.076242
AMD 427.973788
ANG 2.080952
AOA 1066.940946
ARS 1619.310336
AUD 1.62529
AWG 2.093493
AZN 1.98043
BAM 1.952096
BBD 2.341856
BDT 142.721021
BGN 1.940855
BHD 0.438457
BIF 3459.420975
BMD 1.162245
BND 1.486405
BOB 8.034892
BRL 5.877243
BSD 1.162694
BTN 111.524295
BWP 16.447074
BYN 3.235716
BYR 22779.993656
BZD 2.338503
CAD 1.598842
CDF 2612.149237
CHF 0.914675
CLF 0.026819
CLP 1055.53936
CNY 7.914774
CNH 7.919977
COP 4429.104869
CRC 527.444525
CUC 1.162245
CUP 30.799481
CVE 110.588029
CZK 24.31021
DJF 206.554563
DKK 7.471262
DOP 69.212121
DZD 154.461189
EGP 61.40658
ERN 17.433669
ETB 183.112088
FJD 2.561762
FKP 0.862257
GBP 0.872032
GEL 3.115269
GGP 0.862257
GHS 13.296531
GIP 0.862257
GMD 84.267207
GNF 10201.606223
GTQ 8.870283
GYD 243.262581
HKD 9.103804
HNL 30.944808
HRK 7.532628
HTG 152.244207
HUF 361.702584
IDR 20458.933129
ILS 3.393104
IMP 0.862257
INR 111.565078
IQD 1522.540392
IRR 1533000.593877
ISK 143.572521
JEP 0.862257
JMD 183.721378
JOD 0.824077
JPY 184.466856
KES 150.336783
KGS 101.638735
KHR 4663.510767
KMF 492.792107
KPW 1046.022246
KRW 1740.612787
KWD 0.358716
KYD 0.968978
KZT 545.863586
LAK 25511.268811
LBP 104318.488614
LKR 381.960138
LRD 213.126644
LSL 19.165856
LTL 3.431807
LVL 0.703031
LYD 7.351242
MAD 10.722914
MDL 20.115176
MGA 4861.669457
MKD 61.623504
MMK 2440.295192
MNT 4160.224164
MOP 9.378066
MRU 46.490185
MUR 54.835139
MVR 17.910628
MWK 2024.053269
MXN 20.149374
MYR 4.59029
MZN 74.271763
NAD 19.165851
NGN 1592.845004
NIO 42.678058
NOK 10.814225
NPR 178.438473
NZD 1.985725
OMR 0.446324
PAB 1.162714
PEN 3.989409
PGK 5.093
PHP 71.603608
PKR 323.830439
PLN 4.246552
PYG 7085.554754
QAR 4.236426
RON 5.155838
RSD 117.369313
RUB 84.565601
RWF 1697.458201
SAR 4.397708
SBD 9.316927
SCR 15.774497
SDG 697.932139
SEK 10.984146
SGD 1.488259
SHP 0.867733
SLE 28.595478
SLL 24371.690047
SOS 664.227031
SRD 43.52959
STD 24056.116125
STN 24.755809
SVC 10.173695
SYP 128.465739
SZL 19.165842
THB 37.936092
TJS 10.848401
TMT 4.079478
TND 3.365284
TOP 2.798406
TRY 52.864738
TTD 7.892702
TWD 36.69962
TZS 3021.836282
UAH 51.33988
UGX 4365.715804
USD 1.162245
UYU 46.571628
UZS 14005.047508
VES 592.917692
VND 30630.955755
VUV 137.052406
WST 3.144567
XAF 654.725887
XAG 0.015287
XAU 0.000256
XCD 3.141025
XCG 2.09556
XDR 0.813493
XOF 654.344081
XPF 119.331742
YER 277.315726
ZAR 19.39541
ZMK 10461.600028
ZMW 21.888841
ZWL 374.242279
  • RBGPF

    0.8900

    61.68

    +1.44%

  • AZN

    -3.3800

    181.58

    -1.86%

  • BCC

    -3.4100

    65.99

    -5.17%

  • RIO

    -5.9000

    103.69

    -5.69%

  • CMSD

    -0.4500

    23.05

    -1.95%

  • JRI

    -0.5565

    12.45

    -4.47%

  • BCE

    -0.4000

    23.79

    -1.68%

  • GSK

    -0.8289

    49.67

    -1.67%

  • RELX

    0.9400

    32.4

    +2.9%

  • CMSC

    -0.1150

    22.98

    -0.5%

  • NGG

    -6.7900

    80.64

    -8.42%

  • VOD

    -0.8000

    14.68

    -5.45%

  • BTI

    -1.6100

    65.09

    -2.47%

  • RYCEF

    -0.8300

    15.1

    -5.5%

  • BP

    0.7292

    44.35

    +1.64%

Volatus Aerospace Welcomes UK-Based Air Data Systems to its Ecosystem, Expanding Global Capabilities
Volatus Aerospace Welcomes UK-Based Air Data Systems to its Ecosystem, Expanding Global Capabilities

Volatus Aerospace Welcomes UK-Based Air Data Systems to its Ecosystem, Expanding Global Capabilities

Volatus Aerospace Inc. (TSXV:FLT)(OTCQX:TAKOF)(FSE:ABBA) is pleased to announce the integration of key assets and capabilities from Air Data Systems (ADS), based in the United Kingdom, marking a strategic expansion of its global aerial solutions ecosystem. This collaborative arrangement strengthens Volatus' position as a leader in aerial intelligence and logistics by opening doors to new opportunities and partnerships in critical industries.

Text size:

ADS specializes in streamlining large-scale and complex surveys and data acquisition projects for industrial applications such as asset management, inspection services, oil & gas, utilities, and environmental services.

The transaction, structured with a success-fee model tied to future contract outcomes, aligns the interests of both organizations and highlights the significant potential of this collaboration. As part of this agreement, Volatus has acquired the ADS brand, website, and domain, along with a robust £5 million sales opportunity pipeline.

To further enhance this partnership, Mark Currass, former Managing Director of ADS, has joined Volatus Aerospace as Executive Consultant, Global Business Development. With decades of expertise in the UAS sector and a proven track record of delivering results, Mark will spearhead growth initiatives and leverage the combined capabilities of Volatus and ADS to unlock new markets and drive innovation.

"The integration of Air Data Systems into the Volatus ecosystem represents a powerful joining of forces," said Glen Lynch, CEO of Volatus Aerospace. "Mark's leadership and expertise, combined with the opportunities this partnership brings, will enable us to expand our global reach, strengthen our industry-leading capabilities, and deliver unmatched value to our clients in sectors such as oil and gas, power utilities, public safety, and agriculture."

This partnership also reinforces Volatus' extensive capabilities, including expertise in beyond visual line of sight (BVLOS) operations, advanced thermography solutions, and geomatics services. With over 10,000 BVLOS flights completed and an industry-leading operations control center, Volatus continues to set benchmarks for innovation and operational excellence.

About Volatus Aerospace
Volatus Aerospace is a leader in innovative global aerial solutions for intelligence and cargo. With deep technological and subject matter expertise and over 100 years' worth of combined institutional knowledge in aviation, Volatus provides meaningful aerial solutions for end users across various industries using both piloted and remotely piloted aircraft systems (RPAS or drones). We are committed to enhancing operational efficiency, safety, and sustainability through innovative, real-world aerial solutions.

About Air Data Systems
Air Data Systems specializes in innovative Unmanned Aerial System (UAS) solutions, providing expert services across multiple industries. ADS brings decades of experience in technology, engineering, and regulatory compliance, now seamlessly integrated into Volatus Aerospace's global ecosystem.

Forward-Looking Information
This news release contains statements that constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs, and current expectations of the Company with respect to future business activities and operating performance. Often, but not always, forward-looking information and forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results "may", "could", "would", "might" or "will" (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding: (i) the anticipated benefits of, and estimated revenue to be generated by, the master service agreement; (ii) the business plans and expectations of the Company; and (iii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial, and economic data and operating plans, strategies, or beliefs of management as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Company, including information obtained from third-party industry analysts and other third-party sources, and are based on management's current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information and forward-looking statements reflect the Company's current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the anticipated benefits and revenues of the master service agreement to the Company; the commercialization of drone flights beyond visual line of sight and potential benefits to the Company; meeting the continued listing requirements of the TSXV; and including, but not limited to, those factors set forth in the Company's Annual Information Form under the section "Risk Factors". Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.

TSXV: FLT.V

Media Contact
Danielle Gagne
Head of Marketing and Communications
[email protected]
+1-579-977-5066

SOURCE: Volatus Aerospace Corp.

Z.W.Varughese--DT