Volatus Aerospace Inc. Announces Mirabel Innovation Centre and Drone Manufacturing Hub

Volatus Aerospace Inc. (TSXV: FLT; OTCQB: TAKOF) announced plans to establish a new innovation centre and drone manufacturing hub at Montréal–Mirabel International Airport. The facility will span 200 000 sq ft (approximately 18 500 m²) and is intended to strengthen Canada’s defence readiness and support NATO allies. The announcement was made in a GlobeNewswire press release dated 21 October 2025 and subsequently reported by multiple news outlets, including Financial Post, StockWatch, The Market Online, and Globenewswire.

Project Scope and Strategic Objectives

  • Innovation Centre: A dedicated research and development space focused on aerial intelligence and unmanned aircraft systems.
  • Manufacturing Hub: A production facility designed to manufacture commercial and defence-grade drones.
  • Location: Montréal–Mirabel International Airport, Quebec, chosen for its existing infrastructure and proximity to Canadian defence partners.
  • Capacity: 200 000 sq ft of production space, aimed at meeting increasing demand in the defence market and fulfilling NATO requirements.

Market Context

The drone industry is experiencing rapid transformation from a niche technology to an essential component of security and infrastructure. Volatus is positioned as a key partner in this shift, offering advanced aerial intelligence and unmanned systems. The company’s expansion aligns with broader defence and aerospace trends, as highlighted in reports from Finanznachrichten.de and Aktien-Global.de, which discuss the broader military and industrial implications of such developments.

Financial Overview

  • Market Capitalisation: CAD 415,101,467.
  • Share Price: CAD 0.68 (close on 21 October 2025).
  • 52‑Week Range: CAD 0.97 (high) to CAD 0.11 (low).

The investment in the Mirabel hub is expected to enhance Volatus’s production capabilities and potentially increase its revenue streams in both commercial and defence sectors.

Regulatory and Defence Alignment

The initiative is framed as a contribution to Canada’s defence readiness and a support mechanism for NATO allies. By expanding production capacity, Volatus aims to meet the evolving needs of national and international defence partners, as noted in the company’s press release and subsequent coverage.

Media Coverage

The announcement attracted coverage from:

  • GlobeNewswire (multiple releases on 21 October 2025).
  • Financial Post (21 October 2025).
  • StockWatch (21 October 2025).
  • The Market Online (21 October 2025).
  • Globenewswire (21 October 2025).
  • Finanznachrichten.de (23 October 2025).
  • Aktien-Global.de (23 October 2025).

These reports emphasize the strategic significance of the new facility and its role in bolstering defence capabilities.

Conclusion

Volatus Aerospace Inc.’s planned Mirabel Innovation Centre and Drone Manufacturing Hub represents a significant expansion aimed at reinforcing Canada’s defence infrastructure and supporting NATO partners. The project is expected to increase the company’s production capacity, enhance its position in the rapidly growing drone market, and align with broader defence industry trends.