Adding 400 km range drone with 40kg payload capacity to its portfolio of drone technologies

TORONTO, ON / ACCESS Newswire / February 4, 2025 / Volatus Aerospace Inc. (TSXV:FLT)(OTCQX:TAKOF)(Frankfurt:A2JEQU) ("Volatus" or "the Company") proudly unveils its next step toward providing a new, unmanned dimension to its clients in the cargo and aerial services markets by joining forces with Dufour Aerospace. Dufour is a Swiss-based designer and manufacturer of long-range drones. Today, the parties announced a strategic partnership. This collaboration will introduce and commercialize Dufour's long-endurance, heavy-lift Aero2 hybrid-electric drone aircraft for operations across diverse environments globally.

By its unique tilt-wing design, the Aero2 can take off and land vertically like a helicopter but flies as fast and energy-efficient as an airplane. Designed for numerous applications, the Aero2 can transport up to 40 kg (88 lbs) of payload over 400 km (249 miles) in standard configuration making it the perfect tool for accessing remote locations in regions like Canada and Africa, for operations such as delivering time-sensitive medical supplies and conducting aerial surveillance and intelligence operations. Its ability to perform vertical takeoffs and transition to high-speed cruise flight introduces flexibility and efficiency to Volatus' services while enabling the Company to operate at the highest safety standards at low operating costs.

"Recently, we announced operational enhancements gained in partnering with DroneUp. Building on this momentum, the introduction of Dufour's Aero2 hybrid-electric VTOL aircraft into our expanding fleet allows us to significantly expand our operational scope and commercial focus," said Glen Lynch, CEO of Volatus Aerospace. "My confidence in the technology not only comes from having seen the Aero2 in action but, even more importantly, having met the brilliant team of professionals behind the technology. Adding the Aero2 to a growing fleet of larger, more capable drones extends our capabilities and accelerates the commercialization of our Operations Control Center and remote operations capabilities."

"We are thrilled to partner with Volatus Aerospace, a collaboration that aligns Dufour's advanced VTOL technology with Volatus' extensive operational expertise and global reach. This strategic partnership enables us to harness Volatus' strong market presence to bring our innovative Aero2 aircraft to more challenging and underserved areas worldwide, particularly remote communities." stated Sascha Hardegger, CEO of Dufour Aerospace. "By combining our efforts, we're not only expanding our operational horizons but also enhancing our collective ability to deliver efficient, sustainable, and critical aerial solutions on a global scale."

Discover the innovation behind Dufour's Aero2 hybrid-electric VTOL. Watch this video to see it in action:

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.

About Dufour Aerospace:
Dufour Aerospace is pioneering drones for critical missions. Based in Switzerland, Dufour develops and manufactures efficient and sustainable aircraft for cargo transportation, logistics, and public safety. The Aero2 drone features distributed electric propulsion and a hybrid module to meet today's Advanced Air Mobility and medium-sized drone market requirements.

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

Media Contacts
Danielle Gagne
Head of Marketing and Communications, Volatus Aerospace
+1 833-865-2887
Danielle.gagne@volatusaerospace.com

Dufour Aerospace
Juliett Alpha Communications
dufour@juliettalpha.com
Tel. +212.518.4796

SOURCE: Volatus Aerospace Corp.