Volatus Aerospace Inc V.FLT

Alternate Symbol(s): TAKOF

Industrials Airlines

Volatus Aerospace Inc. is a consolidator and integrator of aerial intelligence and logistics solutions. It provides meaningful aerial solutions for end users across various industries using both piloted and remotely piloted aircraft systems. Its services include drone services quote, aerial surveillance, cargo solutions, confined space inspections, drone lidar inspections, drone inspection services, and wildfire services. It provides lidar scanning data acquisition and reality capture services. It integrates the aerial, terrestrial, bathymetric, and subsurface data collection technology and techniques with GIS, 3D, AutoCAD, and lidar software, allowing it to provide intuitive and cost-effective deliverables. Its fleet conducts thorough surveillance operations, ensuring that clients' assets are protected and monitored with precision. It delivers full-scale aerial solutions across a diverse range of industries, including agriculture, construction, energy, public safety, and others.

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Volatus Aerospace Inc

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Comment by FunGuy88on Jun 25, 2020 2:41pm

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Post# 31191670

RE:RE:RE:RE:DSV- Healthcare Related Cargo

I did the calculation a few weeks back and I agree that they have enough cash for 2020, but what about the following year? Companies will often raise money when it's available, well in advance of when they will need it. I'm not saying that FLT will raise money and dilute at the current price (approx. $0.90) and I completely acknowdledge that they could wait for the condor approval and other positive news to raise funds at a much higher valuation. However, my point still stands that they will need to raise additional funds in the next 6-9 months and this new contract does not change that.

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