Volatus Aerospace Acquires Strategic Dual-Use UAS Technology to Support Canada’s Sovereign Capability and Allied Defense Requirements Worldwide

• Acquisition includes advanced suite of highly modular dual-use defense assets with near-term commercialization potential
• Synergistic with the Company’s new Mirabel Innovation and Manufacturing Centre announced October 21, 2025
• This adds a line of multiple mass producible strategic UAS to Volatus’s in-house product portfolio
  

MIRABEL, Quebec, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV: FLT; OTCQB: TAKOF; Frankfurt: A3DP5Y/ABB.F) (“Volatus” or the “Company”), a Canadian leader in aerial intelligence and unmanned aircraft systems, is pleased to announce the acquisition of a suite of advanced RPAS (Remotely Piloted Aircraft Systems) technologies from Caliburn Holdings LLP., a UK-based aerospace engineering firm. The acquisition marks a major step forward in strengthening Canada’s sovereign aerospace and defense manufacturing capacity.

The Purchase Price will be two million Canadian dollars (CA$2,000,000.00) (“Purchase Price”). The Purchase Price will be paid in the form of Volatus Common Shares (“FLT Shares”). The Company will be issuing 2,631,579 common shares based on the 15-day volume weighted average price (VWAP) ($0.76) on the date of signing of the definitive agreement.  One half of the FLT Shares (1,315,790) to be issued shall have the customary no-trade hold period of 4 months from the date of issuance and the other half of the FLT Shares (1,315,790) to be issued will have a no-trade hold period of 24 months from the date of issuance. The closing is subject to Board and regulatory approvals.

Separately, the Company has entered into performance-based bonus agreements with new employees transitioning from Caliburn to Volatus based on issuance of RSUs against seven distinct technical and revenue linked milestones in compliance with the equity incentive plan and subject to the Board approval.

Strategic Rationale

The acquisition delivers complete aircraft designs, validated flight-test data, detailed engineering documentation, and assets that form the foundation for a new generation of long-endurance, fixed-wing uncrewed aircraft systems to be manufactured and integrated in Canada. These aircraft are designed to meet operational needs across defense, public security, and critical infrastructure sectors.

At the heart of the acquisition are three scalable UAS platforms ranging in maximum takeoff weight from 100kg to 265kg. The aircraft are capable of carrying or integrating sensors and payloads from 15kg to 50kg; and flight endurance will be from 12 hours per mission to up to 7 days of continuous flight.