Mirabel, Quebec – October 28, 2026 -- Volatus Aerospace Inc. (TSX: FLT) has completed its acquisition of Lithuania-based AISPECO UAB, paying US$3.0 million in cash and issuing 17,434,193 common shares at a deemed price of C$0.5813 per share.

United States – October 27, 2026 -- Section 848 of the FY2020 National Defense Authorization Act restricts the U.S. Department of Defense from operating or procuring certain drones tied to China, Russia, Iran and North Korea, and its reach extends past the aircraft's assembly location to components, software and data services.

MIRABEL – October 27, 2026 -- Volatus Aerospace Inc. (TSX: FLT) has qualified in all five streams of the Government of Canada's Defence Drone Initiative (DDI) Marketplace, widening the range of defence requirements it can bid on.

Five streams cover systems, services and training

The streams are Uncrewed and Autonomous Systems (UxS) and counter-UxS; communications and data systems; engineering and integration services; testing and training; and innovation and experimentation.

MIRABEL – October 27, 2026 -- Volatus Aerospace (TSX: FLT) has won a five-year Government of Canada contract to supply low-cost tactical intelligence, surveillance and reconnaissance (ISR) uncrewed aircraft systems to the Canadian Armed Forces (CAF). The initial order covers 100 systems, with options for up to 4,900 more, for a potential total of 5,000.

United Kingdom – October 27, 2026 -- Volatus Aerospace secured a strategic partnership in the past 20 months that allowed a major UK client to transition to autonomous aerial inspections, according to U.K. Sales Manager Hash Chishty.

VAUGHAN – October 27, 2026 -- Volatus Aerospace (TSX: FLT) has completed initial flight testing of its V-Cortex AI Flight Controller and Autonomy Operating System, demonstrating navigation without GPS and without external sensors.

The aircraft held flight using only default onboard sensors in GNSS-denied conditions. Volatus names three target environments where GPS signals are unavailable, degraded or deliberately disrupted: contested zones, dense urban areas and remote regions such as Canada's Arctic.

Mirabel – October 27, 2026 -- Volatus Aerospace Inc. (TSX: FLT) has delivered the full uncrewed aircraft fleet under the initial C$4.5 million tranche of its ISR training system contract with a NATO partner, and the customer has started exercising the second-tranche option.

Mirabel, Quebec – October 27, 2026 -- Volatus Aerospace Inc. (TSX: FLT) agreed to acquire 100% of Lithuanian airborne-sensor developer AISPECO Uab for a base consideration of US$10.5 million, with up to US$2.5 million more tied to performance milestones.

Villeneuve – October 27, 2026 -- Volatus Aerospace has added Maria Romero Abella, an aviation professional with about 10 years of experience, as Rotor Wing Technician and Pilot at its Villeneuve, Alberta, operations. She joined in March 2026.

Romero Abella moves from aviation support roles into helicopter operations

Romero Abella says her decade in aviation spanned several roles before developing into flying and helicopters. She cites the versatility of the helicopter and its wide range of applications as the draw.