Volatus Aerospace (FLT) Corporate presentation summary

Strategic positioning

• Addresses all 7 Canadian Defence Industrial Strategy priorities, including domestic manufacturing, sovereign technology, resilient supply chains and allied interoperability.

• A 53,000-sq-ft Mirabel production hub anchors Canadian manufacturing; engineering authority and consolidated Canadian-owned IP support sovereign capabilities.

• The Defence Industrial Strategy represents $81.6B in reinvestment; Canada’s NATO spending target is 5% of GDP by 2035.

• Approved for all 5 Drone Defence Initiative streams and awarded a Canadian defence contract valued up to C$25M in Sep 2026.

Platform and capabilities

• Five offerings span defence and security, aerial intelligence, cargo and logistics, equipment sales and maintenance, and training and certification.

• Integrated portfolio combines crewed and uncrewed aircraft, sensors, CORTEX AI, SKYDRAT planning software, AIRS 3 analytics, DroneSpot infrastructure and operations.

• Commercial services cover inspection, mapping, surveillance and cargo delivery; defence applications include ISR, Arctic surveillance, counter-UAS and mission software.

• Platform-agnostic integration, ~20 acquisitions, in-house training and regulatory approvals address fragmented OEMs, integration constraints and training bottlenecks.

Financial performance and outlook

• FY2025A gross profit was $11.1M at a 32% margin; revenue growth was 26% YoY and equipment revenue growth was 106% YoY.

• FY2025A revenue mix was 48% equipment and 52% services; Europe and UK revenue grew 244% YoY, while defence contributed 25% of revenue.

• Management targets a 60–65% future defence revenue mix; expected ARR entering 2026 was $20M, and the unfactored sales pipeline exceeded $500M.

• Revenue CAGR is projected at 21% for 2023A–2027E; FY2027E gross profit is shown at $25.0M and a 33% margin.

• Cash on hand was $61M; net cash was C$33M, with 675M basic and 778M fully diluted shares outstanding.