Volatus Aerospace and Draganfly Expand Collaboration for High-Value Geospatial Power Utility Customers

Volatus Aerospace Inc. (TSXV: FLT) (OTCQX:TAKOF) (Frankfurt: ABB) and Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) have announced an expanded strategic collaboration to address the rapidly growing global demand for automation and digitization of geospatial data collection and analysis solutions for utility infrastructure. This teaming agreement builds on their previously announced collaboration, leveraging Volatus' operational and regulatory capabilities, advanced sensor technology, and Draganfly's advanced product, engineering, and integration capabilities.

The expanded collaboration aims to engage high-profile global power and infrastructure providers, enhancing efficiency and safety in power utility solutions. By combining Volatus' extensive experience in power utility inspections and right of way management with Draganfly's product and engineering capabilities, the partnership is positioned to offer a strong competitive advantage to support large enterprise clients looking for advanced end-to-end solutions.

Glen Lynch, CEO of Volatus Aerospace, stated, "As the demand for drone-based solutions continues to increase in multiple sectors, strategic collaborations are a key enabler to meet the diverse needs of clients without introducing unnecessary commercial risk. Industries need more than products; they need solutions. By combining Draganfly's advanced product platform with Volatus' deep domain expertise and operational and regulatory capabilities, we can provide clients with a complete solution to their challenges."

Cameron Chell, CEO of Draganfly, commented, "Partnering with Volatus Aerospace allows us to incorporate our advanced product platform of multiple interoperable drones into a complete solution for power utilities. The power utility industry is increasingly seeking advanced, safe, and efficient data acquisition methods, something we have designed from the ground up. This collaboration reinforces our commitment to providing cutting-edge solutions that meet the complex demands of today's power utilities while enhancing our market reach."

In a recent report by MarketsandMarkets, the global utility asset management market is projected to reach USD 4.09 billion by 2026, driven by grid modernization investments and the need for efficient power supply systems. This growth presents an opportunity for Volatus and Draganfly to capture a significant share of the market by offering comprehensive, end-to-end solutions tailored to the unique needs of power utility customers.



The strategic partnership between Volatus and Draganfly positions them to capture a significant share of the growing offshore oil and gas exploration market, projected to reach over $104 billion by 2030. By integrating Volatus' advanced Bathymetric LiDAR technology with Draganfly's Heavy Lift Drone, the partnership creates a sophisticated solution for underwater mapping that could significantly reduce exploration costs and improve efficiency in the offshore oil and gas market.

The technological synergy between the two companies is particularly compelling. Draganfly's Heavy Lift Drone, known for its ability to carry substantial payloads and operate with extended flight durations, combined with Volatus' advanced Bathymetric LiDAR solutions, enables precise mapping of underwater environments critical for oil and gas exploration. This combination addresses a critical industry pain point: the need for precise, cost-effective subsea surveying. Traditional bathymetric surveys using vessels are expensive and time-consuming; drone-based solutions could cut costs by up to 60% while providing comparable data quality.

The partnership also positions both companies to capitalize on the growing energy sector demand for NDAA-compliant drone solutions. This is especially relevant given increasing restrictions on Chinese-made drone technology in critical infrastructure applications. The deal structure, which includes Volatus becoming an OEM approved dealer for Draganfly's UAV platforms, provides immediate access to Draganfly's NDAA-compliant drone portfolio, which is important for energy sector contracts.

In conclusion, the strategic partnership between Volatus Aerospace and Draganfly Inc. is well-positioned to capture a significant share of the growing offshore oil and gas exploration market by leveraging their combined technological expertise and addressing critical industry challenges. By integrating Volatus' advanced Bathymetric LiDAR technology with Draganfly's Heavy Lift Drone, the partnership creates a sophisticated solution for underwater mapping that could significantly reduce exploration costs and improve efficiency in the offshore oil and gas market. The partnership also positions both companies to capitalize on the growing energy sector demand for NDAA-compliant drone solutions, further enhancing their market share and growth prospects.