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Volatus Aerospace to Launch Innovation Centre and Drone Manufacturing Hub at Mirabel to Strengthen Canada’s Defence Readiness and Support NATO Allies

TORONTO, Oct. 21, 2025 (GLOBE NEWSWIRE) — Volatus Aerospace Inc. (TSXV: FLT; OTCQB: TAKOF; Frankfurt: A3DP5Y/ABB.F) (“Volatus” or the “Company”) a Canadian leader in aerial intelligence and unmanned aircraft systems, is pleased to announce today the plans to establish the Volatus Mirabel Innovation Centre and Drone Manufacturing Hub at Montréal–Mirabel International Airport. This Made-in-Canada initiative will expand sovereign, NATO-aligned drone capacity, supporting the Canadian Armed Forces (CAF) and allied requirements while strengthening Canada’s industrial and defence resilience. The project directly aligns with recent Government of Canada priorities to rebuild, rearm, and reinvest in domestic capability and secure supply chains.

Located within the Mirabel Innovation Zone, Volatus Aerospace will establish its operations inside a 200,000-square-foot advanced and secure manufacturing facility. With the support of Aéroports de Montréal (ADM), the facility is designed for scalability and efficiency, enabling serial production of Canadian-built drone platforms to meet the growing needs of domestic defence programmes and allied markets.

The Mirabel Manufacturing Hub will enable serial production of Volatus’ proprietary drone platforms as well as the licensed manufacture of partner systems to meet NATO-aligned requirements and Canadian end-use needs. The hub will operate through a secure, domestic supply chain with full configuration control, quality assurance, and export compliance under applicable Canadian and allied regulatory frameworks.

Investissement Québec International is proud to support Volatus in establishing its innovation center in Mirabel, at the heart of Québec’s aerospace ecosystem. This announcement underscores the value of our efforts to attract and assist companies that actively contribute to the vitality of one of the most dynamic sectors of our economy,” said Hubert Bolduc, President, Investissement Québec International.

“By combining an Innovation Centre for rapid integration and qualification with a dedicated Manufacturing Hub for serial production, Mirabel will become our anchor for Canadian-made, defence-grade drones,” said Glen Lynch, CEO of Volatus Aerospace Inc. “Our focus is to accelerate readiness for CAF missions, ISR, maritime, Arctic, and base security, while ensuring interoperable capability for NATO partners and a resilient Canadian supply chain.”

Recent federal initiatives underscore Canada’s growing commitment to domestic defence capability and the strategic importance of uncrewed systems. In 2025, the Government of Canada launched the new Defence Investment Agency to streamline major procurements, pledged $500 million in NATO-aligned support for Ukraine, and advanced multiple RPAS and C-UAS programmes, including the Skyranger R70 donation and Halifax-class maritime UAS contracts. With defence spending now targeting 2% of GDP, Canada is signalling sustained demand for Made-in-Canada deployable drone solutions at scale.

“These actions confirm that demand for drone capability is accelerating across CAF and NATO missions,” added Lynch. “Mirabel positions Volatus to respond decisively with Canadian production, allied interoperability, and a secure supply chain.”

This announcement marks the first in a series as Volatus strengthens its domestic defence manufacturing posture and collaborates with federal and provincial partners to build sovereign, Made-in-Canada capability.

About Volatus Aerospace Inc.
With more than a century of combined aviation expertise, Volatus Aerospace delivers innovative aerial solutions for intelligence, surveillance, and cargo, utilizing both piloted and remotely piloted aircraft (RPAS/drones). Volatus provides a complete ecosystem of aerial services, including operations, equipment sales, training, and mission support, helping industries integrate aerial capabilities safely, efficiently, and sustainably.

For additional Information, please contact:
Bill Mitoulas, Investor Relations
+1-416-479-9547
investorrelations@volatusaerospace.com

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.

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 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 not limited to, those factors set forth in the Company’s annual and quarterly management’s discussion and analysis filed on www.sedarplus.ca. 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.

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