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Bullboard - Stock Discussion Forum 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... see more

TSXV:FLT - Post Discussion

Volatus Aerospace Inc > Project with UBC commercially operational
View:
Post by BRE128 on Oct 18, 2021 8:51am

Project with UBC commercially operational

https://www.newswire.ca/news-releases/drone-delivery-canada-project-with-ubc-commercially-operational-877475340.html Implementation of the Company's project at Edmonton International Airport, previously announced on July 18th, 2021, is underway and flights are expected approximately at the end of October.
Comment by InvestForce on Oct 18, 2021 11:43am
We should have been up big on this. It's an up front payment and 12 monthly payments. It means Sparrow is running and so the concerns of last quarter are not being carried forward. Successful execution of this contract will lead to others. This is very big news.
Comment by GreekTitan on Oct 18, 2021 11:56am
  Yup... people are sleeping. They're not paying attention to what matters and they freak out over things that they shouldn't... shortens getting to their brain. Look at all the stakeholders implicated in this project...
Comment by InvestForce on Oct 18, 2021 12:42pm
  I totally agree! It's a clear validation of the merits and technology when so many stakeholders get together for such an initiative. Great point
Comment by GreekTitan on Oct 18, 2021 1:05pm
  "The study will be conducted in partnership with the First Nations Health Authority (FNHA), the Rural Coordination Centre of BC (RCCbc), and LifeLabs."
Comment by BRE128 on Oct 18, 2021 1:43pm
Do we know what routes are still active? 2 *DSV, Stellaten, ... Are the other First Nation routes terminated or still active? Thanks.
Comment by InvestForce on Oct 18, 2021 2:36pm
As far as I know, no routes have terminated their contracts yet. Most are perpetual, like some of the local Ontario ones like Milton, I think. The Quebec ones haven't started yet, as per my call to Drones Express a few months ago. 
Comment by Nordico on Oct 18, 2021 4:18pm
See the most recent quarter's MD&A; the two first nations contracts ended without renewal (whatever; they were basically test cases). I'm hopeful the UBC/Stellaten one will lead to many more in BC. The DSV operations are still going strong; I expect they'll expand that partnership, especially when Condor starts up.
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