Volatus Aerospace and Draganfly Expand Collaboration to Service High-Value Geospatial Power Utility Customers

Core Insights - Volatus Aerospace Inc. and Draganfly Inc. have announced a strategic collaboration to meet the growing global demand for automation and digitization in geospatial data collection and analysis for utility infrastructure [1][2] - The partnership aims to enhance efficiency and safety in power utility solutions by leveraging Volatus' experience in inspections and Draganfly's engineering capabilities [2][3] - The global market for utility asset management, including inspection services, is projected to grow to USD 4.09 billion by 2026, driven by investments in grid modernization and the integration of renewable energy [3] Company Overview - Volatus Aerospace is a leader in global aerial solutions, providing comprehensive services using piloted and remotely piloted aircraft systems across various industries, including oil and gas, utilities, and healthcare [5] - Draganfly Inc. specializes in drone technology and systems, offering UAV solutions and AI systems aimed at improving operations in public safety, agriculture, and industrial inspections [6] Market Context - The collaboration is expected to deliver enhanced value to clients, contributing to the modernization of infrastructure management [4] - The increasing demand for drone-based solutions across multiple sectors highlights the importance of strategic collaborations to meet diverse client needs [3]