Volatus Aerospace Corp. (OTCQB:VLTTF) Stock On Radar After Latest News

Leading provider of integrated drone solutions across North America and now growing globally, Volatus Aerospace Corp OTCQB:VLTTF) on May 10, 2023, announced signing an exclusive distribution agreement with AEE for the Americas. The intent for this will be to produce NDNDAA-compliant versions of the products.

Trading Data

On Wednesday, VLTTF stock fell 0.04% to $0.2335 with more than 16.50K shares, compared to its average volume of 7.52K shares. The stock moved within a range of $0.2280 – 0.2337 after opening trade at $0.2337.

Volatus Aerospace Signs an Exclusive Distribution Agreement for AEE in the Americas

Dean Attridge, VP of Solutions Engineering expressed excitement about commencing work with AEE and bringing reliable and strong drones for public and commercial users. Attridge added that Mach 4 and Mach 6 are built for common use and can carry multiple payloads conducting a significant variety of missions in tough conditions.

The Mach 4 gives public safety users with a multi-payload drone that can carry cameras, live audio loudspeakers as well an eHook payload. Mach 6 flies up to 50 minutes and can carry about 33 lbs.

Ajay Zeng, Global Chief Operating Officer at AEE Technology Inc expressed delight on being the global partner with Volatus Aerospace. Zeng added that the firm’s expertise in Commercial UAV design as well as manufacturing is the ideal match for Volatus Aerospace’s marketing, distribution, and customer service.

Volatus Aerospace Corp serves is introducing innovative and green drones for replacing and supplementing traditional aircraft and helicopters. These can be used for long-linear inspections like energy, pipeline, rail, and cargo services. With its commitment to carbon neutrality, Volastus is fostering a safe, equitable, and inclusive workplace.