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Volatus Aerospace, Concordia University, to Collaborate on Energy Technologies For Drones

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Volatus Aerospace (FLT.TO) on Tuesday said it is collaborating with Concordia University to develop energy technologies for drones.

A memorandum of understanding signed by Volatus and Concordia establishes a framework for identifying and pursuing collaborative research and technology validation and demonstration projects.

Specific projects and implementation activities will be governed by separate agreements as required, Volatus said.

Volatus shares edged up C$0.01, to C$0.50, on the Toronto Stock Exchange.

Price: $0.50, Change: $+0.01, Percent Change: +2.04%

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