Volatus Aerospace Granted National Approval for Nighttime Long-Distance Remote Drone Operations

TORONTO, March 26, 2025 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc., (TSXV: FLT) (OTCQX: TAKOF) (Frankfurt: ABB) ("Volatus" or "the Company"), a leader in innovative aerial solutions, announces that it has received approval from Transport Canada to conduct long-distance, remotely piloted beyond visual line of sight (BVLOS) drone operations at night, across Canada in atypical airspace below 400 feet AGL over low density populations (less than 1,000 people sq/km). This approval enables Volatus to conduct critical nighttime operations including but not limited to 24/7 border surveillance, nighttime facility security, search and rescue, thermal detection for wildfires, and cargo delivery.

"The ability to remotely operate drones over long distances at night marks a transformative step forward in our ability to provide our customers with 24/7 drone operations and access to nighttime critical missions all across Canada," said Glen Lynch, CEO of Volatus Aerospace. "This is particularly important for border security efforts requiring continuous surveillance in areas that are difficult to monitor, especially at night. We are profoundly grateful for the support and guidance provided by Transport Canada. Their commitment to advancing our industry has been essential to enabling us to scale and grow our capabilities."

Flying at night presents less air and ground risk, enabling operations that may not be able to happen in the day. Many of the advanced sensors that Volatus operates can be flown day or night and, in some cases, are required to be flown in nighttime conditions. This SFOC enables us to operate drones remotely from our Operations Control Centre (OCC) for longer-range operations. For example, thermal operations for thermal wildfire detection happen at night when the variations in temperatures are greater, and it is easier to see where thermal anomalies that could cause a reignition. In search and rescue operations, emergency personnel often have to stop looking at night, losing precious time. Remotely operated drones equipped with infrared (IR) can keep the search going throughout the night, greatly improving the chances of a positive outcome.

Additionally, this approval will enable Volatus to provide delivery service to its current and future clients anytime of the day, which is especially important for hospitals needing to transport critical medical goods.

This approval is just the first step. Volatus is fully committed to securing multiple Canada-wide SFOCs, focusing on enabling key sectors for Volatus especially in pipeline right of way and utility transmission inspections. These efforts will support the diverse and growing scope of our operations and ensure that Volatus continues to lead the industry in offering cutting-edge aerial solutions.

About Volatus Aerospace:

Volatus Aerospace is a leader in innovative global aerial solutions for intelligence and cargo. With a strong foundation of over 100 years of combined institutional knowledge in aviation, Volatus provides comprehensive solutions using both piloted and remotely piloted aircraft systems (RPAS). We serve industries such as oil and gas, utilities, healthcare, and public safety. Our mission is to enhance operational efficiency, safety, and sustainability through cutting-edge, real-world solutions.

Forward-Looking Information

This news release contains statements that constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs, and current expectations of the Company with respect to future business activities and operating performance. Often, but not always, forward-looking information and forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results "may", "could", "would", "might" or "will" (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding: (i) the anticipated benefits of, and estimated revenue to be generated by, the master service agreement; (ii) the business plans and expectations of the Company; and (iii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial, and economic data and operating plans, strategies, or beliefs of management as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Company, including information obtained from third-party industry analysts and other third-party sources, and are based on management's current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information and forward-looking statements reflect the Company's current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the anticipated benefits and revenues of the master service agreement to the Company; the commercialization of drone flights beyond visual line of sight and potential benefits to the Company; meeting the continued listing requirements of the TSXV; and including, but not limited to, those factors set forth in the Company's Annual Information Form under the section "Risk Factors". Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.

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TSXV: FLT

Media Contact:

Danielle Gagne

Head of Marketing and Communications

Volatus Aerospace Inc.