SKYDRA
Counter-UAS software
Described in company filings as Volatus' first proprietary Software-as-a-Service platform for counter-uncrewed aerial systems, backed by patent-pending intellectual property.
Source
Volatus Aerospace
AviationDefenceRobotics & Autonomous SystemsTSX: FLTMirabel, QC
TSX-listed aerospace and defence company with a manufacturing facility in Mirabel, Québec and an operations centre in Vaughan, Ontario. It builds proprietary uncrewed systems and software, flies drone-services missions, and also distributes third-party drones as a value-added reseller.
Canadian innovation builds a brighter tomorrow.
About
Source: volatusaerospace.comVolatus Aerospace is a Canadian-based global aerospace and defence company that designs, manufactures, and operates crewed and uncrewed aerial systems for commercial, public safety, and national security markets.
On September 10, 2026 Volatus was awarded a five-year Government of Canada contract for an initial 100 tactical ISR uncrewed aircraft systems, with options for up to 4,900 more. volatusaerospace.com
Scope note: the C$25M in that award is the Government of Canada's maximum procurement envelope. The release states that Volatus' own contracted pricing remains commercially confidential. globenewswire.com
Volatus delisted from the TSX Venture Exchange on March 19, 2026 and began trading on the Toronto Stock Exchange the next day, keeping the symbol FLT. globenewswire.com
Its Q1 2026 filings describe DroneSpot as patented and SKYDRA as patent-pending, and report R&D of $289,714 in the quarter on platforms including V-Cortex AI and the Condor XL. volatusaerospace.com
The V100/V200/V300 RPAS technologies were not designed in-house: Volatus acquired them in October 2025 from UK firm Caliburn Holdings LLP for CA$1,842,105 in shares. volatusaerospace.com
NRC-IRAP recorded a $320,000 contribution agreement dated February 9, 2026 to advance development of the Condor XL uncrewed aircraft. search.open.canada.ca
Volatus qualified across all five streams of Canada's Defence Drone Initiative Marketplace, announced September 8, 2026. volatusaerospace.com
FY2025 revenue was $34,204,035, up 26%, split 48% equipment and 52% services; equipment includes third-party drones resold as a value-added reseller. volatusaerospace.com
Its defence pipeline includes a NATO ISR training system contract worth up to $9 million (December 2025) and a NATO RPAS operator training contract (February 2026). volatusaerospace.com
Reported initial V-Cortex flight tests in September 2026 navigating without GNSS, GPS or external sensors, with further testing planned through 2026. volatusaerospace.com
Acquired the V100/V200/V300 long-endurance UAS designs from UK-based Caliburn Holdings LLP in October 2025 for CA$1,842,105, paid in shares. volatusaerospace.com
Carries a $6,750,000 term loan from Export Development Canada at a variable rate. It breached a covenant and obtained a formal waiver after year-end. volatusaerospace.com
Also listed on the OTCQX as TAKOF and in Frankfurt as ABB.F. Only the TSX listing is represented here because the schema carries a single exchange. volatusaerospace.com
Executed a contract in March 2026 with an unnamed offshore wind company to develop heavy-lift offshore drone delivery carrying up to 100 kg. No value disclosed. volatusaerospace.com
Products & Services
Company site: volatusaerospace.comProducts Volatus Aerospace publishes on its own site. Each card links to the page it was taken from.
DroneSpot
Drone infrastructure
Company filings describe DroneSpot as its proprietary and patented drone infrastructure solution — the only asset the filing calls patented rather than patent-pending.
SourceCondor XL
Heavy-lift RPAS
Heavy-lift uncrewed aircraft launched in July 2025. Filings describe it as drawing on in-house avionics capabilities and as having received Special Flight Operating Approval from Transport Canada for validation at the company's Ontario test range.
SourceV-Cortex AI
Autonomy platform
Described on the company's manufacturing page as its proprietary autonomy platform, and named in filings as a target of Q1 2026 research and development spending.
Learn moreCanary
Cargo RPAS
Company filings describe the Canary as Volatus' proprietary cargo drone, approved by Transport Canada for flight over people.
SourceV100 / V200 / V300 UAS family
Long-endurance fixed-wing UAS
Modular long-endurance fixed-wing uncrewed aircraft, 100-265 kg MTOW and 15-50 kg payload, with endurance from 12 hours to seven days continuous. Designs acquired October 2025; filings describe them as slated for manufacture at Mirabel.
Learn more SourceVolatus Sentinel
Drone-in-a-box
Drone-in-a-box system the company describes as a "rugged, autonomous system enabling persistent, remote inspections", with integrated operations control, for energy, utility and industrial inspection.
Learn moreDeployment & Services
Company site: volatusaerospace.comHow Volatus Aerospace says its technology can be deployed and delivered.
Equipment sales and maintenance
Filings describe this line as distribution of drones, sensors and related technology as a value-added reseller. The catalogue carries third-party lines including DJI, Autel Robotics, ideaForge, FreeFly Systems and YellowScan.
Aerial intelligence services
Inspection, mapping and surveillance across oil and gas, energy utilities, infrastructure, forestry and agriculture, flown under Transport Canada Special Flight Operating Certificates for BVLOS operations from a GTA-based Operations Control Centre.
Training and certification
Drone operator training aligned, in the company's words, with evolving Transport Canada and CAA regulatory frameworks.
Government & Grants
Government support actually received. Unpublished amounts are left out.
Industrial Research Assistance Program, National Research Council Canada (Condor XL) — contribution
Industrial Research Assistance Program, National Research Council Canada (V-Cortex Assured Navigation) — contribution
Innovation for Defence Excellence and Security, National Defence - grant, under the challenge "Drone surge: scaling tactical uncrewed aerial systems manufacturing for modern defence"
Industrial Research Assistance Program, National Research Council Canada (Nesting Station, to predecessor Volatus Aerospace Corp.) — contribution
Regional Relief and Recovery, PrairiesCan - COVID-19 operating support paid to Synergy Aviation Ltd. before Volatus acquired it, not innovation funding to Volatus
Recent News
- Sep 10, 2026Contract
Volatus Aerospace Awarded Canadian Defence Contract for Tactical ISR Uncrewed Aircraft Systems for up to 5,000 Systems
Volatus was awarded a five-year Government of Canada contract covering an initial 100 tactical ISR uncrewed aircraft systems for the CAF, with options for up to 4,900 more. The release states the C$25M envelope is the government's maximum and that Volatus' contracted pricing remains confidential.
- Mar 19, 2026Other
Volatus Aerospace Announces Graduation to Toronto Stock Exchange, Trading to Commence March 20, 2026
The company's shares were voluntarily delisted from the TSX Venture Exchange at the close of markets on March 19, 2026 and began trading on the Toronto Stock Exchange the following day. The trading symbol remained FLT.
People
Sourced from the company's own pages or announcements.
Glen Lynch
Director, President and Chief Executive Officer
Abhinav Singhvi
Chief Financial Officer
Ian McDougall
Chairman of the Board
Technology Focus
Company site: volatusaerospace.comTerms the company uses about its own work.
Uncrewed aircraft systemsBVLOS operationsCounter-UAS
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