Core Viewpoint - Volatus Aerospace has received a Special Flight Operations Certificate (SFOC) from Transport Canada, allowing the company to conduct more complex Beyond Visual Line of Sight (BVLOS) operations using advanced radar technology from MatrixSpace integrated with Kongsberg Geospatial's IRIS Terminal platform [1][2]. Company Developments - The SFOC enables Volatus to scale BVLOS operations into applications such as automated drone-in-a-box networks and autonomous services, which require reliable detect-and-avoid capabilities [2][4]. - Volatus already holds nationwide SFOCs for various BVLOS operations, including low-risk airspace and nighttime missions, which positions the company favorably in the regulatory landscape [4]. - The integration of MatrixSpace's compact radar technology with Kongsberg's airspace management software enhances Volatus' operational capabilities and competitive position in the market [6][10]. Market Insights - The global drone-in-a-box market was valued at over US$1 billion in 2024 and is projected to grow to between US$5 billion and US$9 billion by the early 2030s, indicating an annual growth rate of approximately 20-23% [3]. - This growth reflects the commercial potential for scalable, subscription-based drone services, which Volatus aims to capitalize on through its new BVLOS capabilities [3]. Strategic Partnerships - Volatus has formed strategic partnerships with Kongsberg Geospatial and MatrixSpace, combining their technologies to create a deployable ecosystem for safe and repeatable drone operations [6][10]. - Kongsberg's IRIS Terminal platform integrates various sensor feeds for real-time airspace awareness, while MatrixSpace's radar technology is designed for scalable autonomous deployments [7][9]. Corporate Update - Volatus has entered into a consulting agreement with Think Ink Marketing Data & Email Services to enhance investor relations and digital marketing efforts for a period of 12 months [11][12]. - The company will compensate Think Ink US$125,000 for their services, which include advertising and social media coverage to increase market awareness [13].
Volatus Aerospace Secures Approval from Transport Canada to Launch Scalable Automated Drone Services in Canada and Provides Corporate Update