Core Points - Volatus Aerospace Inc. has successfully closed its upsized and fully subscribed non-brokered listed issuer financing exemption (LIFE) private placement, raising gross proceeds of $5,000,000 by issuing 25,000,000 units at a price of $0.20 per unit [1][2] - Each unit consists of one common voting share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at an exercise price of $0.30 for a period of 36 months [1][2] Use of Proceeds - The net proceeds from the LIFE Financing will be utilized for global market expansion, investment in Arctic and remote operations infrastructure, inventory, and general corporate and working capital purposes [2] Finder's Fees and Regulatory Approval - The company paid an aggregate of $300,000 as finder's fees to individuals who assisted with the LIFE Offering, which is subject to final approval from the TSX Venture Exchange [2][3] Securities Offering Details - The units issued under the LIFE Offering are not subject to a hold period under applicable Canadian securities laws, as they were offered pursuant to the listed issuer financing exemption [3] Company Overview - Volatus Aerospace Inc. is a leader in innovative global aerial solutions, providing comprehensive services using both piloted and remotely piloted aircraft systems across various industries, including oil and gas, energy utilities, healthcare, public safety, and infrastructure [5]

/ NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / TORONTO, June 19, 2025 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV: FLT) (OTCQX: TAKOF) (Frankfurt: ABB) (“Volatus” or the “Company”), a leader in global aerial solutions, is pleased to announce the successful closing of a $3 million private placement (the “Financing”) from Investissement Québec. Pursuant to the Financing, the Company entered into an amended and restated secured convertible debenture ( ...

Core Insights - Volatus Aerospace Inc. reported Q1 2025 financial results, generating revenues of CAD 5,713,158 with a gross margin of 32% [2][6] - The company achieved a 30% year-over-year improvement in Adjusted EBITDA, reducing losses from CAD 1.39 million in Q1 2024 to CAD 978,000 in Q1 2025 [7][8] - The company is focusing on operational efficiency and strategic partnerships to enhance its market position and profitability [8] Financial Highlights - Revenue for Q1 2025 was CAD 5,713,158, down from CAD 6,623,741 in Q1 2024, reflecting a strategic repositioning towards a more profitable revenue mix [7][11] - Gross profit was CAD 1,829,973, with a gross margin of 32%, compared to 34% in Q1 2024, primarily due to a higher proportion of lower-margin equipment sales [7][11] - Comprehensive loss increased to CAD 4,285,320 in Q1 2025 from CAD 2,991,319 in Q1 2024, indicating ongoing challenges despite operational improvements [7][11] Operational Highlights - The company experienced a 47% quarter-over-quarter increase in equipment sales driven by changes in tariff policies in the US market [7] - Volatus closed a fully subscribed LIFE Offering of CAD 3,000,000 and a shares-for-debt transaction of CAD 2,646,000, strengthening its balance sheet [6][7] - The company announced several strategic partnerships to enhance its operational capabilities, including collaborations with Ondas Holdings and Draganfly for various projects [7][8] Regulatory and Market Developments - Volatus obtained Canada-wide approval for long-distance, remotely piloted BVLOS drone operations at night, which supports its expansion plans [7] - The company surpassed 75,000 flight hours in pipeline integrity monitoring, showcasing its operational experience and capabilities [7] - Ongoing geopolitical challenges are being navigated through diversification and securing key regulatory approvals [8]

/ NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / TORONTO, May 22, 2025 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV: FLT) (OTCQX: TAKOF) (Frankfurt: A2JEQU) (“Volatus” or the “Company”), a leader in global aerial solutions, is pleased to announce a proposed shares-for-debt settlement aimed at enhancing shareholder value and strengthening the Company’s balance sheet. The Company has reached an agreement, subject to receipt of TSX Venture Exchange (“TSX ...

Core Points - Volatus Aerospace Inc. has completed a shares-for-debt transaction, issuing 20,174,280 common shares and 17,640,000 warrants to settle a debt of $3,026,142 [1][2] - The common shares were issued at a deemed price of $0.15 per share, while each warrant is exercisable at $0.20 per share for three years, with potential acceleration based on trading price conditions [2][3] - The transaction is subject to a hold period of four months and one day and requires final approval from the TSX Venture Exchange (TSXV) [3][4] Company Overview - Volatus Aerospace is a leader in global aerial solutions, focusing on intelligence and cargo services, with over 100 years of combined institutional knowledge in aviation [5] - The company serves various industries, including oil and gas, utilities, healthcare, and public safety, aiming to enhance operational efficiency, safety, and sustainability [5]

Not for distribution to United States newswire services or for dissemination in the United States. TORONTO, May 01, 2025 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV:FLT) (OTCQX:TAKOF) (Frankfurt: ABB) (“Volatus” or the “Company”) is pleased to announce that it has closed its previously announced upsized and fully subscribed non-brokered listed issuer financing exemption (LIFE) private placement (the "LIFE Offering"). The Company issued 25,000,000 units of the Company ("Units") at a price of $0.12 per U ...

The Company intends to use the net proceeds of the LIFE Offering for capital expenditures, inventory and general corporate and working capital purposes. The LIFE Offering is expected to close on or before May 9, 2025, or such other dates as the Company may decide (the "Closing Date"). The LIFE Offering is subject to customary conditions including, but not limited to, receipt of all necessary TSX Venture Exchange ("TSXV"), regulatory and other approvals. The LIFE Offering may be closed in multiple tranches. ...

Group 1 - Volatus Aerospace Inc. is conducting a non-brokered private placement of up to 16,666,667 units at a price of $0.12 per unit, aiming for gross proceeds of up to $2,000,000.04 [1][4] - Each unit consists of one common voting share and one common share purchase warrant, with the warrant allowing the purchase of one common share at an exercise price of $0.20 for 36 months [2] - The net proceeds from the financing will be allocated for capital expenditures, inventory, and general corporate and working capital purposes [3] Group 2 - The financing is expected to close on or before May 9, 2025, subject to customary conditions and regulatory approvals [4] - The company may pay eligible finders a cash fee of up to 8% of the gross proceeds from the financing [4] - The offering is being conducted under the Listed Issuer Financing Exemption, meaning securities issued to Canadian residents will not be subject to a hold period [6] Group 3 - Volatus Aerospace is recognized for its innovative global aerial solutions, serving various industries including oil and gas, energy utilities, healthcare, public safety, and infrastructure [8] - The company focuses on enhancing operational efficiency, safety, and sustainability through advanced aerial technologies [8]