$TAKOF

Four U.S. lawmakers urged the FAA to reassess Amazon's drone hub near Boston, citing environmental and quality-of-life concerns. Volatus Aerospace delivered drones under a $3.1M NATO contract, with potential orders up to $6.3M. The FAA seeks a stake in Air Space Intelligence for AI air traffic control tools, with a contract worth up to $875.9M.

Volatus Aerospace (VOH) stock rose to C$0.55 after announcing a US$10.5 million deal to acquire AISPECO UAB, a Lithuania-based sensor systems developer. The acquisition includes US$3.0 million in cash and US$7.5 million in shares, with a potential US$2.5 million earn-out. The company expects the deal to add C$10 million in revenue by 2027, with an 8%–12% Adjusted EBITDA margin. Analysts maintain a 'Strong Buy' rating with price targets above current levels. The stock later traded flat.

Volatus Aerospace inaugurated a 53,000 sq. ft. drone manufacturing facility in Quebec. The company secured a C$25M Canadian defense contract and expects further opportunities. Volatus reported C$34M revenue last year, with 32% gross margin, and C$61M cash at June's end. Defense is projected to grow from <5% in 2024 to 60-65% of business. The company plans international expansion and acquisitions.

Volatus Aerospace (FLT) delivered an initial C$4.5M ISR drone fleet to a NATO customer under a C$9M contract. The customer has started ordering a second tranche, with additional orders received. According to Volatus, this confirms growing defense revenue.

Volatus Aerospace (TSX: FLT) won a 5-year Canadian contract for up to 5,000 tactical ISR uncrewed aircraft systems, with initial 100 systems valued at max C$500,000. Delivery begins Q4 2026. The contract includes end-to-end solutions and positions Volatus for future defense opportunities.

Volatus Aerospace (TSX: FLT) has qualified in all five streams of Canada's Defence Drone Initiative Marketplace, positioning it to compete for future defence procurement opportunities. The streams include uncrewed systems, communications, engineering, testing, and innovation. The qualification expands the company's eligibility for contracts but does not guarantee revenue.

Volatus Aerospace Inc. (TSX: FLT, OTCQB: TAKOF, FSE: ABB.F) said it will release its second-quarter 2026 financial results for the quarter ended June 30, 2026 after market close on Aug. 13, 2026, followed by an earnings call on Aug. 14 at 8:30 a.m. ET to discuss results and outlook.

Volatus Aerospace said it formed a strategic partnership with Spain’s Singular Aircraft to bring Singular’s FlyOx 1 autonomous heavy-lift aircraft to Canada for wildfire response. Volatus plans to work on deployment, systems integration, and possible Canadian manufacturing. The FlyOx 1 is described as carrying about 1,560 liters of water or retardant and weighing up to 4,000 kg takeoff.

Volatus Aerospace said it has partnered with Singular Aircraft to bring Singular’s FlyOx 1 heavy-lift autonomous aircraft platform to Canada for wildfire response and other government uses. The framework covers Canadian manufacturing, integration, deployment and long-term support, with any use subject to Transport Canada approvals. FlyOx 1 is described as carrying about 1,560 liters and weighing ~4,000 kg.

Volatus Aerospace (TSX: FLT) said it signed an MOU with Concordia University’s Volt-Age research program to collaborate on energy technologies for uncrewed aircraft systems. The framework covers joint research, testing, technology demonstrations, talent development and potentially funded initiatives, with separate agreements for specific projects.