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Volatus Aerospace Deploys Drones for Wildfire Support in Alberta

Flying Under Transport Canada Special Authority Beyond Line of Sight and Above 400 Ft.

TORONTO, ON / ACCESSWIRE / July 18, 2023 / Volatus Aerospace Corp. (TSXV:VOL)(OTCQB:VLTTF) ("Volatus" or "the Company") announced today that it has successfully completed its first field deployment supporting wildfire suppression agencies in Western Canada with remotely piloted aircraft.

Volatus Aerospace Corp., Monday, July 17, 2023, Press release picture

Wildfires can quickly and unexpectedly get out of control-a slight change in wind direction or speed and a fire can change course, reignite, and/or spread, leading to loss of property and life. A record 100,000 square kilometers of Canadian forest has burned this year alone.

Remotely collected aerial intelligence can help firefighters get timely actionable hot spot information about difficult to reach areas so that fires can be safely contained.

In this recent mission, Volatus drone pilots were deployed at night to gather timely data for situational awareness, ensuring high-quality data collection and minimizing airspace risk. The data they collect identifies wildfire threats that are not easily visible to the human eye.

"Fires are not always burning in plain sight, they can be smoldering inside tree trunks or in subsurface locations," said Walter Weselowski, Team Lead, Special Flight Ops for Volatus Aerospace. "Operating from a safe distance, a drone pilot trained in thermography can identify and geo-locate these hot spots as well as determine whether a contained fire is in danger of reignition, providing critical information to the fire management team to aid them with planning, resource management, and assigning tasks and priorities for the day. This process is a lot faster and safer than firefighters walking through hazardous terrain surveying the fire line."

"Climate change has the potential to increase the size and number of wildfires across Canada," explained Glen Lynch, CEO of Volatus Aerospace. "In June, E&E News quoted research suggesting that ‘the fire season will worsen in the coming decades as the climate changes' and went on to say that ‘the Hudson Plains region - which includes parts of Quebec and Ontario - will likely see the number and size of wildfires increase faster than most other regions of the country.' Drones offer firefighters improved situational awareness and the ability to investigate sites that would otherwise be unsafe for firefighters or piloted aircraft. With the current and forecasted shortage of qualified crew for piloted aircraft, we expect the demand for remotely piloted aircraft to accelerate."

"We see the support of wildfire suppression to be a significant opportunity for drone technologies to make a difference," said Rob Walker, Volatus' COO. "This news follows our May 3rd announcement that Volatus was granted Transport Canada authority to fly beyond line of sight and above 400 feet to support wildfires across Canada, and our June 1st, announcement that Volatus pilots passed Hinton GRID testing to support wildfire suppression in Alberta. We are now at a point where drones can be seriously considered as one of the tools in wildfire management. Volatus has the necessary training, experience, equipment, and crew to start rolling this out across North America."

About Volatus Aerospace:

Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout North America and growing into Latin America and globally. Volatus serves civil, public safety, and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, as well as R&D, design, and manufacturing. Through our subsidiary, Volatus Aviation, we are introducing green and innovative drone solutions to supplement and replace traditional aircraft and helicopters for long-linear inspections such as pipeline, energy, rail, and cargo services. Volatus is committed to carbon neutrality; the fostering of a safe, equitable and inclusive workplace; and responsible governance.

Forward-Looking Information

This news release contains statements that constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs, and current expectations of the Company with respect to future business activities and operating performance. Often, but not always, forward-looking information and forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results "may", "could", "would", "might" or "will" (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding: (i) the anticipated benefits of, and estimated revenue to be generated by, the master service agreement; (ii) the business plans and expectations of the Company; and (iii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial, and economic data and operating plans, strategies, or beliefs of management as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Company, including information obtained from third-party industry analysts and other third-party sources, and are based on management's current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information and forward-looking statements reflect the Company's current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the anticipated benefits and revenues of the master service agreement to the Company; the commercialization of drone flights beyond visual line of sight and potential benefits to the Company; meeting the continued listing requirements of the TSXV; and including, but not limited to, those factors set forth in the Company's Annual Information Form under the section "Risk Factors". Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.

TSXV: VOL

Contact Details

Danielle Gagne
Head of Marketing and Communications
+1-579-977-5066, ext. 92006
Danielle.Gagne@volatusaerospace.com

Company Website

https://volatusaerospace.com

SOURCE: Volatus Aerospace Corp.



View source version on accesswire.com:
https://www.accesswire.com/768506/Volatus-Aerospace-Deploys-Drones-for-Wildfire-Support-in-Alberta

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