09:45 AM EST, 03/03/2025 (MT Newswires) -- Volatus Aerospace ( TAKOF ) and Draganfly announced on Monday a strategic collaboration to address rapidly growing global demand for the automation and digitization of geospatial data collection and analysis solutions for Utility Infrastructure.

The expanded collaboration will engage high-profile global power and infrastructure providers to enhance efficiency and safety in power utility solutions.

"Industries need more than products, they need solutions. By combining Draganfly's advanced product platform with Volatus' deep domain expertise and operational and regulatory capabilities, we can provide clients with a complete solution to their challenges," Volatus Aerospace ( TAKOF ) Chief Executive Glen Lynch.

In early morning trading, shares of Volatus were last seen up 2.9% at $0.1750 on the TSX Venture Exchange, while shares of Draganfly were unchanged at $3.48 on the Canadian Securities Exchange.