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Canadian drone company approved by two major North American oil and gas companies

Jonathon Brown Jonathon Brown, The Market Online
0 Comments| 3 days ago

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  • Volatus Aerospace (TSXV:FLT) has secured approval from two North American oil and gas companies for drone-based aerial services to support critical energy infrastructure
  • Volatus will be eligible to perform a wide range of aerial services, including emergency callouts, pipeline surveillance, leak detection, magnetometry, and asset inspections
  • These operations will be performed using remotely piloted aircraft systems in coordination with Volatus’ existing traditional aircraft surveillance services, which has the potential to increase revenue in this segment by up to 20 per cent
  • Volatus Aerospace stock (TSXV:FLT) last traded at $0.16

Volatus Aerospace (TSXV:FLT) has achieved a significant milestone by securing approval from two leading North American oil and gas companies to provide drone-based aerial services in support of critical energy infrastructure. This approval follows a comprehensive flight operations review process conducted to validate the drone company’s operational readiness and safety protocols.

Under the engagement

Volatus will be eligible to perform a wide range of aerial services, including emergency callouts, pipeline surveillance, leak detection, magnetometry, and asset inspections. These operations will be performed using remotely piloted aircraft systems in coordination with Volatus’ existing traditional aircraft surveillance services. Based on internal forecasts, introducing drone operations into Volatus’ existing oil and gas surveillance portfolio has the potential to increase revenue in this segment by up to 20 per cent, while maintaining operating cost profiles typical of the services delivered. These missions not only enhance situational awareness for asset operators but also support rapid response and risk mitigation, aligning with industry goals around safety and environmental protection.

Volatus Aerospace continues to expand its operational footprint in sectors that require precision, agility, and trust. From critical infrastructure monitoring to emergency response, Volatus’ scalable drone programs are designed to complement and enhance traditional inspection models.

Leadership insights

“This approval expands our reach within the energy sector and positions us to deliver critical insights in a more flexible and cost-effective manner,” Glen Lynch, CEO of Volatus Aerospace said in a media release. “We’re proud to be recognized for our professionalism, regulatory compliance, and ability to execute complex operations in sensitive environments.”

About Volatus Aerospace

Volatus provides global aerial solutions for intelligence and cargo serving the oil and gas, utilities, healthcare and public safety industries.

Volatus Aerospace stock (TSXV:FLT) last traded at $0.16 and has risen 10.34 per cent since the year began, though it is flying 30.43 per cent lower than where it was this time last year.

Join the discussion: Find out what everybody’s saying about this drone stock on the Volatus Aerospace Inc. Bullboard and check out Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.

(Top photo: Volatus Aerospace Inc.)




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