The Canadian aerospace firm will fund the $10.5 million base price through a split of $3 million in cash and $7.5 million in common shares. An additional $2.5 million may be triggered over the next three years depending on whether the Vilnius-based developer hits specific operational milestones.

This acquisition grants Volatus direct access to proprietary sensor platforms and AI-guided gimbals, alongside software already certified for use on more than 20 distinct aircraft types. By internalizing these capabilities, Volatus aims to capture broader margins in aerial-intelligence missions and accelerate its expansion into defense and infrastructure markets across the EU and NATO.