Volatus Reports Growth and Strengthens Finances - Markets Insider

Nov 28, 2024 · Volatus Aerospace Corp. has announced its third-quarter financial results, …

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Volatus Releases Third Quarter 2024 Financial Results And Provides ...

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Nov 28, 2024 · Achieved blended gross margin of 34%. 44% growth in services revenue. …

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Volatus Releases Third Quarter 2024 Financial Results And Provides ...

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44% growth in services revenue. Subsequent to quarter end, closed institutionally led $15M …

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Nov 29, 2024 · Volatus increased its holdings in Synergy Aviation Ltd to 58.47% by acquiring …

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Volatus Aerospace Secures $15 Million In Financing From Major ...

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Oct 21, 2024 · Volatus has committed to move back its head office to Québec and further …

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Volatus Aerospace Secures $15 Million For Expansion - Markets …

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Oct 24, 2024 · Drone Delivery Canada (TSE:FLT) has released an update. Volatus Aerospace …

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FAQs about Volatus Reports Growth and Strengthens Finances - Markets Insider Coupon?

Does volatus have a financing package?

“Volatus announced that it has secured a $15.0M financing package with $7.5M in convertible debt from Investissement Québec (IQ) and $7.5M in term loan from Export Development Canada (EDC),” Goff wrote. “We look to IQ and EDC as strong, long-term investors who can provide additional growth capital. ...

What's new at volatus Aerospace?

TORONTO, ON / ACCESSWIRE / November 7, 2024 / Today, Volatus Aerospace Inc. (TSXV:FLT.V) (OTCQX:TAKOF) (Frankfurt:A3DP5Y/ABBA.F) ("Volatus" or the "Company") provides a corporate update outlining recent developments aimed at strengthening leadership, accelerating commercialization, and positioning for growth in aerial solutions. ...

What happened to volatus Aerospace?

TORONTO, ON / ACCESSWIRE / October 21, 2024 / Volatus Aerospace Inc. (TSXV:FLT.V) (OTCQX:TAKOF) (Frankfurt:A3DP5Y/ABBA.F) ("Volatus" or the "Company") is pleased to announce the successful closing of a total of $15 million in combined funding from Investissement Québec and Export Development Canada ("EDC") (together, the "New Financing"). ...

What does volatus do?

With over 100 years of combined institutional knowledge in aviation, Volatus provides solutions for a wide array of industries, including oil and gas, energy utilities, public safety, and infrastructure. The Company is committed to enhancing operational efficiency, safety, and sustainability through cutting-edge aerial technologies. ...

How much money does volatus invest in incremental equipment sales?

Volatus looks to leverage every incremental $1M of working capital investment into roughly $3-4M of incremental equipment sales where the gross profit margins are ~25% and incremental operating costs are relatively modest. ...

What does volatus Aerospace do?

The Company remains committed to driving technological advancement in the industry and delivering long-term value to shareholders. About Volatus Aerospace Inc. Volatus is a leader in innovative global aerial solutions for intelligence and cargo. ...