Volatus Aerospace Releases Record Third Quarter Financial Results

Largest quarterly revenue and gross profit figures in Company historyYear-to-date Revenue of $26,905,671, up 32% year-over-yearQuarterly Revenue of $10,605,438, up 60% year-over-year; blended gross margin of 33%Adjusted EBITDA loss of $660,661, a 52% year-over-year improvementCurrent cash balance strengthened to approximately $40 million after quarter-end financingOperational milestones included: new defense deployments, advancement of the Condor XL towards commercialization, and progress on Canadian manufa ...