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Volatus Aerospace Secures "Strategic" National Contract to Power Canada's Data-Driven Agriculture Movement
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Volatus Aerospace Secures "Strategic" National Contract to Power Canada's Data-Driven Agriculture Movement
Jun 25, 2025 7:08 AM

09:32 AM EDT, 06/25/2025 (MT Newswires) -- Volatus Aerospace ( TAKOF ) , which jumped 25% to a 52-week high on Tuesday, secured a new national agriculture contract supporting data-driven crop intelligence from a leading provider of crop intelligence technologies in North America.

The company will deploy its advanced drone operations to conduct multispectral aerial surveys across 21 agricultural sites in Alberta, Ontario, Manitoba, and Quebec. Each site will be surveyed twice during the growing season, capturing critical insights into plant health and crop performance, Volatus said on Wednesday.

"With field pilots currently conducting operations, the Company is also developing advanced operational models that incorporate beyond visual line of sight (BVLOS), remote operation, and drone-in-a-box technologies for continuous crop monitoring throughout the growing season," Volatus noted in a statement.

Shares of the company closed up $0.065 to $0.325 on Tuesday on the TSX Venture Exchange.

Price: 0.35, Change: +0.02, Percent Change: +6.15

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