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Volatus Aerospace Secures Extension to Service Agreement with Canadian Government

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Volatus Aerospace Inc.
Volatus Aerospace Inc.

Securing One-Year Extension to Standing Offer and Call-up Authority for Unmanned Aerial Surveillance Services with the Canadian Government

MONTREAL, April 14, 2025 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV: FLT) (OTCQX: TAKOF) (Frankfurt: A2JEQU) ("Volatus" or "the Company"), a leader in aerial solutions, proudly announces a one-year extension, the maximum allowable, to its Public Works and Government Services Canada (PWGSC) standing offer. Among the responsibilities of the PWGSC is to support federal departments and agencies in their daily operations as their central purchasing agent. This extension allows Volatus to continue providing UAV services to any department of the Canadian government until March 31, 2026. This announcement comes on the heels of the newly published Regulations Amending the Canadian Aviation Regulations (RPAS – Beyond Visual Line-of-Sight (BVLOS) and Other Operations), marking a significant milestone after years of industry advocacy, collaboration, and persistence. Additional extensions may be granted in subsequent years.

Initially added to Canada’s National Master Standing Offer (NMSO) in November 2020 as the first UAV service provider, Volatus has set a precedent in the industry for its comprehensive range of services and coast-to-coast network of pilots. Qualified to handle all five streams of service identified in the NMSO—Media, Agriculture, Forestry and Fire Fighting, Infrastructure and Real Property, and Security and Emergency Response—Volatus is uniquely positioned to leverage the new BVLOS regulations. These regulations, set to take effect on November 4, 2025, enable routine beyond visual line-of-sight, extended visual line-of-sight, and sheltered operations. In addition, services provided will be further enhanced by Volatus' Canada-wide nighttime BVLOS operation authority, announced on March 26, which significantly enhances the company's operational flexibility. Combined, Volatus’ capabilities and breadth of services remain unmatched in the industry.

"The continuation of the PWGSC enables us to quickly and efficiently support the demand for security and infrastructure investment of the Canadian Government as we work through these turbulent times,” said Rob Walker, Chief Commercial Officer for Volatus. “Coupled with the new regulatory framework, Volatus will be able to expand the potential of commercially available drone technology enabling any department in the Canadian Government to capitalize on the benefits of long-range intelligence and cargo delivery RPAS operations. This is especially poignant with the growing demand for border and national security in Canada."