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Volatus Aerospace Corp. (VLTTF)

OTC Industrials Aerospace & Defense
$0.19 ▲ +7.90%
Market Cap
$42.6M
Sector
Industrials
Industry
Aerospace & Defense
Beta
0.94
52-Wk Range
0.0695-0.2146
CEO
Glen Lynch
Country
CA
Currency
USD

Volatus Aerospace Corp. operates in the Aerospace & Defense industry of the Industrials sector, headquartered in Oro-Medonte, ON, CA. The stock last traded at $0.19, up 7.90% on the session, giving a market capitalisation of $42.6M. On trailing twelve-month figures it carries a trailing P/E of -3.18, a net margin of -27.1%. Its beta of 0.94 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
-3.18
Price / Sales
3.28
Price / Book
9.09
EV / EBITDA
-29.47
Gross margin
-1.7%
Operating margin
-26.0%
Net margin
-27.1%
Return on equity
Debt / equity
5.66
Current ratio
0.71
Dividend yield
0.0%
Payout ratio
0.0%
Company profile
Exchange
Other OTC
Employees
52
IPO date
2022-03-28
Headquarters
Oro-Medonte, ON, CA
About Volatus Aerospace Corp.

Volatus Aerospace Corp., headquartered in Oro-Medonte, Canada, delivers comprehensive drone solutions to commercial and defense clients across Canada, the United States, Latin America, the United Kingdom, and continental Europe. Their service portfolio spans operational drone activities such as infrastructure inspection, mapping, surveying, and aerial imaging. Furthermore, Volatus offers extensive drone training and consulting, covering pilot certification, advanced flight skills, equipment-specific instruction, and preparation for beyond-visual-line-of-sight (BVLOS) operations. They also provide crucial support for regulatory compliance, including OEM equipment testing and certification, developing operational manuals and Standard Operating Procedures (SOPs), establishing safety systems, and securing necessary approvals like SORA, waivers, and SFOCs. Beyond services, Volatus supplies sensors, ancillary components, and offers sales and servicing for unmanned systems. Their capabilities extend to Geographic Information System (GIS) solutions, comprehensive data processing and management, along with maintenance and repair services across numerous sectors. The company is also heavily invested in the research, development, manufacturing, testing, and commercialization of cutting-edge aerospace technologies. Complementing their drone focus, they provide traditional aviation services such as aircraft management, charter, and cargo transport. Additionally, Volatus delivers specialized equipment and solutions tailored for public safety and defense applications.

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