Volatus Aerospace Gains Clearance for High-Value RPAS Deployment in Oil & Gas Sector

Volatus has been approved by Two Major North American Oil & Gas Companies

/EIN News/ -- TORONTO, April 15, 2025 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV: FLT) (OTCQX: TAKOF) (Frankfurt: A3DP5Y/ABBA.F) is pleased to announce that last week it was approved by two leading North American oil and gas companies to provide drone-based aerial services in support of critical energy infrastructure. This approval follows a comprehensive flight operations review process conducted to validate Volatus’ operational readiness and safety protocols.

Under such engagement, Volatus will be eligible to perform a wide range of aerial services, including emergency callouts, pipeline surveillance, leak detection, magnetometry, and asset inspections. These operations will be performed using remotely piloted aircraft systems (RPAS) in coordination with Volatus’ existing traditional aircraft surveillance services.

“This approval expands our reach within the energy sector and positions us to deliver critical insights in a more flexible and cost-effective manner,” said Glen Lynch, CEO of Volatus Aerospace. “We’re proud to be recognized for our professionalism, regulatory compliance, and ability to execute complex operations in sensitive environments.”

Based on internal forecasts, introducing drone operations into Volatus’ existing oil and gas surveillance portfolio has the potential to increase revenue in this segment by up to 20%, while maintaining operating cost profiles typical of the services delivered. These missions not only enhance situational awareness for asset operators but also support rapid response and risk mitigation, aligning with industry goals around safety and environmental protection.

Volatus Aerospace continues to expand its operational footprint in sectors that require precision, agility, and trust. From critical infrastructure monitoring to emergency response, our scalable drone programs are designed to complement and enhance traditional inspection models.

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.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.

TSXV: FLT

Contact Details

Rob Walker

CCO, Volatus Aerospace

+1 833-865-2887

rob.walker@volatusaerospace.com