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

EUR -
AED 4.244814
AFN 72.802804
ALL 95.914677
AMD 436.246704
ANG 2.068623
AOA 1059.686486
ARS 1612.008363
AUD 1.638291
AWG 2.082972
AZN 1.962345
BAM 1.969574
BBD 2.328475
BDT 141.855734
BGN 1.97528
BHD 0.436297
BIF 3432.136637
BMD 1.155602
BND 1.483243
BOB 7.989252
BRL 6.063493
BSD 1.156105
BTN 107.709447
BWP 15.776079
BYN 3.574902
BYR 22649.790599
BZD 2.325171
CAD 1.587086
CDF 2628.993471
CHF 0.913988
CLF 0.026713
CLP 1054.763637
CNY 7.97417
CNH 7.960725
COP 4269.832208
CRC 540.913237
CUC 1.155602
CUP 30.623441
CVE 112.151229
CZK 24.481386
DJF 205.373253
DKK 7.47086
DOP 67.978235
DZD 152.576569
EGP 60.372554
ERN 17.334023
ETB 181.657116
FJD 2.588804
FKP 0.867479
GBP 0.862477
GEL 3.13749
GGP 0.867479
GHS 12.593607
GIP 0.867479
GMD 85.514573
GNF 10143.290905
GTQ 8.843733
GYD 241.874076
HKD 9.052001
HNL 30.704397
HRK 7.533481
HTG 151.647087
HUF 392.943851
IDR 19565.490032
ILS 3.613959
IMP 0.867479
INR 107.442864
IQD 1513.838045
IRR 1519760.503236
ISK 143.791825
JEP 0.867479
JMD 181.624669
JOD 0.819309
JPY 182.423841
KES 149.763421
KGS 101.054924
KHR 4633.962204
KMF 494.597345
KPW 1040.027513
KRW 1724.007673
KWD 0.353926
KYD 0.963484
KZT 555.984674
LAK 24816.543481
LBP 103484.119913
LKR 360.370478
LRD 211.937779
LSL 19.449397
LTL 3.412191
LVL 0.699012
LYD 7.372499
MAD 10.814987
MDL 20.260655
MGA 4813.080507
MKD 61.61802
MMK 2426.462186
MNT 4143.804949
MOP 9.328119
MRU 46.350722
MUR 53.741226
MVR 17.853738
MWK 2007.279745
MXN 20.551813
MYR 4.551849
MZN 73.838926
NAD 19.44871
NGN 1568.150995
NIO 42.433955
NOK 10.997704
NPR 172.329658
NZD 1.976252
OMR 0.444335
PAB 1.156145
PEN 3.992022
PGK 4.971446
PHP 69.284099
PKR 322.586743
PLN 4.27635
PYG 7512.308906
QAR 4.211707
RON 5.093891
RSD 117.455653
RUB 99.556773
RWF 1686.022678
SAR 4.338713
SBD 9.300955
SCR 17.161078
SDG 694.516441
SEK 10.775205
SGD 1.478315
SHP 0.867
SLE 28.485234
SLL 24232.399446
SOS 660.428353
SRD 43.337431
STD 23918.619165
STN 24.845434
SVC 10.116052
SYP 127.727213
SZL 19.448949
THB 37.709593
TJS 11.069987
TMT 4.044605
TND 3.364245
TOP 2.782411
TRY 51.186048
TTD 7.836174
TWD 36.808226
TZS 3001.680884
UAH 50.840265
UGX 4369.74838
USD 1.155602
UYU 46.828911
UZS 14092.560843
VES 525.435424
VND 30380.765043
VUV 137.988555
WST 3.157358
XAF 660.611205
XAG 0.01622
XAU 0.000251
XCD 3.123071
XCG 2.083589
XDR 0.821585
XOF 660.428833
XPF 119.331742
YER 275.668443
ZAR 19.4876
ZMK 10401.796193
ZMW 22.631445
ZWL 372.103231
  • CMSC

    0.0200

    22.85

    +0.09%

  • BCC

    -1.9800

    69.86

    -2.83%

  • CMSD

    0.0100

    22.9

    +0.04%

  • NGG

    -1.8700

    85.53

    -2.19%

  • RIO

    -2.0700

    85.65

    -2.42%

  • BTI

    0.6300

    58.72

    +1.07%

  • GSK

    0.3100

    52.37

    +0.59%

  • BCE

    -0.0200

    25.73

    -0.08%

  • BP

    1.2500

    45.86

    +2.73%

  • JRI

    -0.1630

    12.16

    -1.34%

  • AZN

    0.5100

    188.93

    +0.27%

  • RBGPF

    -13.5000

    69

    -19.57%

  • RYCEF

    -0.5900

    16.01

    -3.69%

  • VOD

    0.0500

    14.42

    +0.35%

  • RELX

    -0.0400

    33.82

    -0.12%

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