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Working Toward a Carbon Neutral Future, Volatus Aerospace Teams with Accipiter Radar Technologies to Commercialize Beyond Visual Line of Sight Missions



Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") today announced a Collaboration Agreement with Accipiter Radar Technologies Inc. signed on 20 September, 2022 to facilitate and commercialize drone flights beyond visual line of sight (BVLOS). This will allow Volatus to introduce clean energy drone solutions for a variety of aerial inspections in oil and gas pipeline, energy, railway, and arctic surveillance using remotely piloted aircraft (drones) operating beyond visual line of sight.

“Deconflicting drone operations with low-flying, crewed aircraft is an essential element for long range flight operations beyond visual line of sight. The use of Accipiter’s proven radar solutions will provide detect-and-alert / detect-and-avoid information needed to commercialize at scale,” said Glen Lynch, CEO of Volatus Aerospace. "Teaming with Accipiter enables us to introduce innovative green solutions for our customers in our journey toward a carbon neutral future.”

“We are delighted to be collaborating with Volatus, furthering our mission of Targeting A Safer World®. The safe deployment of drones leveraging our well-established radar surveillance solutions will make a real difference both for industrial customers and our environment alike,” said Dr. Tim J. Nohara. President & CEO at Accipiter Radar Technologies Inc. “We are excited by the opportunities ahead.”

“Every 1,000 miles of pipeline or right of way we inspect using a drone in place of a helicopter or light airplane, reduces the carbon emissions being released into the atmosphere by as much as 2,400 pounds, according to 8 Billion Trees, a company dedicated to offsetting carbon emissions,” says Danielle Gagne, Corporate Communications and Chief Storyteller for Volatus. “Considering that there are approximately three-million miles of pipeline in North America that need to be inspected as often as once a week from the air to comply with regulation, the environmental impact is staggering. These initiatives are essential for our future.”

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 its subsidiary, Volatus Aviation, the company is 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.

About Accipiter Radar Technologies Inc.

Accipiter Radar is a North American company that develops, sells, and operates high-performance radar and sensor intelligence networks engineered to monitor the environment and characterize the behavior of targets such as small vessels, low flying aircraft, vehicles and birds, as well as distributed phenomenon such as weather, waves and snow/ice. The result is enhanced wide-area safety and security through unprecedented domain awareness for 21st century applications in homeland security, aviation safety and security and environmental protection. Accipiter Radar Technologies Inc. of Niagara, Ontario Canada and Accipiter Radar Corporation of Niagara, New York, USA are Targeting a Safer World® and have won business from of all levels of government in North America, as well as major corporations and governments in various parts of the world.

Forward-Looking Statement

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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

Source: Volatus Aerospace Corp.

TSXV: VOL

Contact Details

Volatus Aerospace

Rob Walker

+1 579-977-5066

rob.walker@volatusaerospace.com

Company Website

https://volatusaerospace.com