09:49 AM EDT, 03/13/2026 (MT Newswires) -- Volatus Aerospace ( TAKOF ) was up near 5% early Friday after saying it completed the acquisition of the remaining 41.53% minority interest in Synergy Aviation, resulting in the company holding 100% ownership of it, as previously flagged on March 4.

The company said full ownership will simplify operational coordination between Volatus' aviation, training, engineering, and manufacturing activities as it continues to scale its aerospace capabilities.

As consideration for the deal, FLT issued about 2.4-million common voting shares of Volatus to the minority shareholders of Synergy.

"With the acquisition of the remaining minority interest, Synergy is now a wholly owned subsidiary of Volatus, enabling the Company to fully consolidate its commercial aircraft operations and further align governance, capital allocation, and operational execution across its integrated aerospace platform spanning crewed aviation, remotely piloted systems, and mission-critical operations," said the company in a statement.

Shares of the company were last seen up 5.2% at $0.81 on the TSX Venture Exchange.

Price: 0.80, Change: +0.03, Percent Change: +3.90