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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.

The Toronto skyline and the CN Tower at sunset, seen across Lake Ontario.

Canadian innovation builds a brighter tomorrow.

Volatus 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 approved up to $320,000 in non-dilutive funding on March 17, 2026 to advance development of the Condor XL uncrewed aircraft. volatusaerospace.com

  • Volatus qualified across all five streams of Canada's Defence Drone Initiative Marketplace, announced September 8, 2026. volatusaerospace.com

Products & Services

Company site: volatusaerospace.com

Products Volatus Aerospace publishes on its own site. Each card links to the page it was taken from.

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

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.

Source

Condor 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.

Source

V-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 more

Canary

Cargo RPAS

Company filings describe the Canary as Volatus' proprietary cargo drone, approved by Transport Canada for flight over people.

Source

Deployment & Services

Company site: volatusaerospace.com

How 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.

  1. NRC-IRAP

Recent News

  1. 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, 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.

  2. 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.com

Terms the company uses about its own work.

Uncrewed aircraft systemsBVLOS operationsCounter-UAS

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