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Volatus Aerospace Inc V.FLT

Alternate Symbol(s):  TAKOF

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.


TSXV:FLT - Post by User

Comment by InvestForceon Apr 18, 2022 4:01pm
231 Views
Post# 34611169

RE:CEO interview

RE:CEO interview

A little dry but key points are Canary to be ready for commercial application by end Q2 (hopefully revenue in Q3). Condor to only complete final training by end of 2022 and shorter range application after that with gradual increase range over time. Number one priority is to provide best technology and do the best testing and then partners. Goal is to "set up for success". People and process. So no quick moon shots on the mind of this CEO but responsible company development is. Maybe the impatience from investors is why we're so low in share price and down even more today.

In my opinion, I'm bullish still but wish for more nevertheless. I would be perfectly okay with steady but steady revenue growth though there has to be some growth or investors that can back this company won't stay and new ones won't come. Also, there are other ways Management can boost confidence, such as ownership by insiders and better use of marketing to highlight past successes and current ongoing contracts and satisfaction by clients. Some sort of material news would be helpful like contract extensions and entry into new areas or applications, like dangerous goods or mining. GLTA

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