08:52 AM EDT, 03/11/2026 (MT Newswires) -- Volatus Aerospace ( TAKOF ) on Wednesday said it entered into a contract with a "major" offshore wind power company to develop and commercialize remotely managed, heavy-lift offshore drone delivery operations supporting cargo transfers between offshore vessels and the tops of wind turbine nacelles in international waters. The financial terms were not given.

The company said the program will focus on enabling "safe, dependable, and repeatable aerial delivery" by drone of tools, components, and critical payloads of up to 100-kilograms from vessels directly to offshore wind turbine nacelles, using a remotely managed operational model. It added that this capability is intended to reduce reliance on traditional manual lifts and vessel-to-structure transfers, while supporting more efficient maintenance and servicing activities in offshore wind environments.

Volatus will provide full operational support, including mission planning, regulatory compliance, technical integration, and flight operations. It said that all cargo drone flights will be centrally controlled and operated from its Operations Control Center (OCC).

"The financial terms of the contract are confidential; however, the agreement is structured as a funded commercial development and operations program, aligned with Volatus' strategy to commercialize offshore cargo drone delivery services," said the company in a statement.

Shares of the company closed up 2.6% to $0.79 on Tuesday on the TSX Venture Exchange.