Volatus Aerospace Inc. (CVE: FLT) (OTCMKTS: TAKOF) is taking a major step forward in defence and domestic manufacturing with the creation of an Innovation Centre and a drone manufacturing hub at Montréal Mirabel International Airport.
On Monday, the company said the facility will span approximately 200,000 square feet (18,600 square metres) within the Mirabel Innovation Zone and will house both rapid qualification and integration work and large scale production of defence grade unmanned systems.
Volatus said the Innovation Centre will accelerate integration of drone platforms and partner systems aligned to NATO standards. In turn, the manufacturing hub will scale up production of both proprietary and licensed systems. The company added this dual facility strategy to improve production of deployable drones and improve the supply chain.
In recent years the Canadian government has signalled an increased demand for domestically produced deployable drone solutions for defence forces. Volatus said the new hub and centre illustrate how it intends to respond to that signal by building capacity inside Canada in partnership with federal and provincial players.
Meanwhile, the company remains active beyond defence. Volatus has recently launched the heavy lift remotely piloted helicopter dubbed the Condor XL. The helicopter carries up to 180 kg payloads and travelling up to 200 km. That platform will support remote logistics and reforestation missions in collaboration with Ki Reforestation of Toronto.
Furthermore, Volatus has secured a domestic battery supply arrangement to help underpin its manufacturing ambitions.
The company said it will source high performance lithium-ion battery cells from VoltaXplore Inc., a subsidiary of NanoXplore Inc. (TSE: GRA) (OTCMKTS: NNXPF), which operates a 1 MWh pilot facility in Montréal.
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Analysts view Volatus as having strong long-term potential
Volatus is seeking to build a vertically integrated domestic supply chain for its unmanned platform systems.
With these moves, Volatus is positioning itself at the intersection of defence drone manufacturing, domestic supply chain development and advanced unmanned systems innovation. The company said the Mirabel centre and manufacturing hub represent the first step of its new strategy for domestic defence manufacturing.
Analysts view Volatus as a small cap company with strong long term potential but near term volatility. According to TipRanks, the stock carries a “Neutral” rating, with one analyst setting a price target of about CAD $0.50.
Volatus has delivered revenue growth and improved liquidity while narrowing its adjusted EBITDA loss, suggesting its operational turnaround is developing. Analysts note that if the company can continue expanding margins and secure major defence or logistics contracts, it could shift into profitability within the next few years.
Furthermore, investors see strategic upside in Volatus’ move to build a domestic drone manufacturing hub in Montréal. Furthermore, the company directly supports rising NATO and Canadian defence spending priorities.
A bullish report from AInvest showed the firm’s current market capitalization undervalues its projected 2027 revenue potential.
However, analysts caution that profitability depends on scaling production and converting its large sales pipeline into consistent contract revenue. Consequently, Volatus is seen as a high risk, high reward opportunity tied closely to defence modernization trends and sovereign manufacturing initiatives.
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