- Volatus Aerospace (TSX:FLT) ramped up its Canadian wildfire response capabilities through a new partnership with Singular Aircraft, the company behind the FlyOx I heavy-lift autonomous aircraft.
- The Canadian-based global aerospace and defense company specializes in drones, aerial intelligence and mission-critical operational services.
- Volatus Aerospace stock last traded at C$0.48 and has given back 19.17 per cent year-over-year.
Volatus Aerospace (TSX:FLT) ramped up its Canadian wildfire response capabilities through a new partnership with Singular Aircraft, the company behind the FlyOx I heavy-lift autonomous aircraft.
The FlyOx I, originally designed for firefighting, has since evolved to address multi-mission applications, offering a maximum takeoff weight of 4,000 kilograms, a 1,560-litre payload capacity, amphibious capability, as well as automatic takeoff and landing apt for unprepared airstrips, with the aircraft backed by flight operations overseen by five national civil and military aviation authorities across four continents.
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Under the agreement, Volatus will serve as Singular’s Canadian Strategic Partner, providing the companies with a framework to introduce the FlyOx I into Canada covering manufacturing, deployment and long-term in-country support, keen on meeting demand across the aircraft’s multitude of target industries, including logistics, government, wildfire response, public safety and emergency management.
According to Tuesday’s news release, engagements with regulators and wildfire management organizations are now underway.
Leadership commentary
“Canada already operates one of the world’s most respected aerial firefighting fleets. Our objective isn’t to replace it, it’s to strengthen it with a new class of autonomous aircraft capability that can detect earlier, respond faster, operate closer to emerging incidents and provide governments with new operational options when time matters most,” Glen Lynch, Chief Executive Officer of Volatus Aerospace, said in a statement.
“For Volatus, this is about more than introducing a new aircraft. It’s about establishing sovereign Canadian capability in advanced autonomous aerospace, bringing together Canadian manufacturing, Canadian operational expertise and next-generation technology to strengthen national resilience, while creating a platform that can continue to evolve as government requirements change,” Lynch added.
“We built the FlyOx I as an aircraft, not as a drone—a heavy-lift autonomous aircraft platform capable of carrying meaningful payloads over long distances, while operating from land or water. That combination creates opportunities that simply haven’t existed before in autonomous aviation,” concluded Luis Carrillo, Owner, Singular Aircraft. “Volatus brings the Canadian industrial base, operational expertise and government relationships needed to make that possible, while Singular contributes a proven aircraft platform and established production capability. Together, we believe we can establish an entirely new category of sovereign autonomous aviation capability for Canada.”
About Volatus Aerospace
Volatus, based in Canada, is a global aerospace and defense company specializing in drones, aerial intelligence and mission-critical operational services.
Volatus Aerospace stock (TSX:FLT) last traded at C$0.48 and has given back 19.17 per cent year-over-year.
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