$FLT.TO

Volatus Aerospace Closes $34.5 Million Bought-Deal Public Offering

Volatus Aerospace (FLT.TO) on Friday said it closed a bought-deal public offering of share that raised $34.53 million.y.The company sold underwriters 53.13-million shares priced at $0.65 each including the full exercise of their over-allotment option."The company intends to use the net proceeds from the public offering to advance the company's long-term strategy, including: (1) investing in expanded facilities and manufacturing capacity to fulfill increased demand internationally; (2) product development of further enhanced capabilities for remotely piloted aircraft systems for the defence industry; (3) enhancing the ability to consider larger acquisitions of complementary technologies and businesses; (4) increasing the company's attractiveness as a stable and reliable long-term supplier and strengthening the company's balance sheet to demonstrate additional working capital when bidding for larger governmental and commercial contracts; and (5) for general corporate purposes, as more particularly described in the Company's prospectus supplement dated May 29, 2026," stated the company..The company's shares were last seen down $0.02 to $0.65 on the Toronto Stock Exchange.Price: $0.65, Change: $-0.02, Percent Change: -2.99%

Volatus Aerospace Raising $30 Million in a Bought-Deal Share Offering

Volatus Aerospace (FLT.TO) on Wednesday said it is raising $30 million in a bought-deal share offering.The company is selling underwriters 46.2-million shares priced at $$0.65 each. The underwriters also have an over-allotment option to acquire 15% more of the company's shares, should demand warrant."Volatus expects the net proceeds of the Offering will be used to advance the Company's long-term strategy, including: (1) investing in expanded facilities and manufacturing capacity to fulfill increased demand internationally; (2) product development of further enhanced capabilities for remotely piloted aircraft systems for the defence industry; (3) enhancing the ability to consider larger acquisitions of complementary technologies and businesses; (4) increasing the Company's attractiveness as a stable and reliable long-term supplier and strengthening the Company's balance sheet to demonstrate additional working capital when bidding for larger governmental and commercial contracts; and (5) for general corporate purposes," the company said.Volatus shares closed down $0.01 to $0.72 on the Toronto Stock Exchange.

Volatus Aerospace Announcing $30M Bought Deal Public Offering Of Common Shares

Earnings Flash (FLT.TO) Volatus Aerospace Reports Q1 Revenue $5.6M; Record Q1 Gross Margin of 35%

Stifel Canada Maintains Buy Rating, $1.00 Price Target on Volatus After NATO-Allied Contract Win

Stifel Canada is maintaining a buy rating and $1.00 price target on Volatus Aerospace (FLT.TO) after the company this week secured a $2.1-million contract to provide specialized training to a NATO-allied government ministry.Volatus will deliver a portfolio of advanced training programs tailored for security and law enforcement personnel in mission-critical environments. The win is consistent with Stifel's investment thesis and further validates Volatus as a trusted NATO-aligned defense training partner."In our view, this win builds momentum toward Volatus being recognized as a Sovereign Champion for Canada, as it demonstrates the company's ability to deliver sovereign capabilities such as defence training to Canada's NATO + allies. This is directly aligned with Canada's objective of being a reliable sovereign partner to allied nations, a role Volatus is already fulfilling today," writes analyst Greg MacDonald.Price: $0.72, Change: $+0.02, Percent Change: +2.86%