Volatus Aerospace Charts Course in eVTOL Cargo and Defense Logistics

Volatus Aerospace CA92865G1054

Volatus Aerospace is sharpening its strategic focus on the military and heavy-lift logistics sectors, with electric vertical take-off and landing (eVTOL) aircraft at the core of its plans. Recent corporate updates highlight an expanded partnership with Dufour Aerospace and significant investments in training infrastructure, as the company aims to convert technological development into durable revenue streams within the emerging eVTOL freight market.

The company's operational advancements are supported by robust financial growth. For the third quarter of fiscal 2025, Volatus reported revenue of CAD 10.6 million, representing a substantial 60% increase compared to the same period last year. The gross margin for the quarter stood at 33%.

This growth provides the backdrop for strategic moves designed to capture market share in specialized logistics. Key developments include:

• Strategic Partnership Update: Detailed plans for the collaboration with Dufour Aerospace were announced on January 27, 2026.
• Defense Contract: A significant agreement with a NATO partner, valued at up to CAD 9 million, was secured on December 15, 2025. This contract covers intelligence, surveillance, target acquisition, and reconnaissance (ISTAR) technologies.
• Share Price: The stock closed at CAD 0.60 on January 27, 2026.

Deepening the Dufour Aerospace Alliance

A central pillar of the strategy is the enhanced collaboration with Swiss-based Dufour Aerospace, a partnership formalized in February 2025. The initiative centers on deploying hybrid-electric eVTOL aircraft capable of carrying medium-sized cargo without requiring conventional runways.

A key operational milestone is the installation of a specialized flight simulator at Volatus's Toronto facility. This system will be utilized for pilot training and for developing operational procedures. Company leadership has identified three primary areas of application:

• Arctic Operations: Delivering logistics support to remote northern regions with minimal existing runway infrastructure.
• Military Logistics: Supporting defense and supply chain operations for military clients.
• Commercial Applications: Enabling critical infrastructure monitoring and emergency aid delivery.

Management emphasizes that the immediate priority is building tangible operational capability rather than engaging in purely conceptual development work.

Defense Sector Momentum Provides Validation

The company's focus on military and Arctic logistics is gaining concrete validation through recent contract wins. The NATO partner defense contract, announced in December 2025, is a case in point. The synergy between the new flight simulator, ongoing testing of the Dufour platform, and this existing defense award suggests Volatus is strategically positioning itself for similar projects. These opportunities typically demand aircraft capable of operating in challenging terrain and adverse weather conditions.

Investor Outlook: From Development to Sustainable Cash Flow

For investors, the critical question now revolves around the company's ability to translate its assets—defense contracts, the eVTOL platform, and new training infrastructure—into a reliable operational cash flow. The market will likely look for concrete signals in two areas: the pace of new contract awards in the defense and logistics segments, and forthcoming quarterly reports that provide clarity on revenue quality and margin progression. The success of this transition will be pivotal for Volatus Aerospace's future trajectory.

@ boerse-global.de | CA92865G1054 VOLATUS