Volatus Aerospace Inc. has entered into an agreement to acquire a suite of advanced Remotely Piloted Aircraft Systems technologies from UK-based Caliburn Holdings LLP.
The acquisition, valued at CA$2,000,000, will be paid through the issuance of 2,631,579 common shares. This strategic move secures complete aircraft designs, validated flight-test data, and detailed engineering documentation for a new generation of long-endurance, fixed-wing uncrewed aircraft systems (UAS). These assets will be manufactured and integrated at the Volatus Innovation and Drone Manufacturing Facility located at the YMX International Aerocity of Mirabel.
The portfolio includes three scalable UAS platforms with maximum takeoff weights ranging from 100kg to 265kg. These aircraft are engineered to carry payloads between 15kg and 50kg, offering flight endurance from 12 hours to seven days of continuous operation. Designed for modularity, the systems are suitable for a wide spectrum of missions, including border security, maritime patrol, arctic surveillance, and critical infrastructure inspection.
“This acquisition represents more than just new aircraft, it’s about building sovereign capability,” said Glen Lynch, Chief Executive Officer of Volatus Aerospace. “Canada has the talent, infrastructure, and strategic imperative to design and manufacture world-class uncrewed systems right here at home. By bringing this technology to Mirabel, we’re ensuring that critical aerospace innovation, jobs, and intellectual property stay in Canada while strengthening our ability to support NATO and allied partners.”
As part of the transition, the original UK engineering team will relocate to Mirabel to lead production, testing, and certification efforts. To support this integration, Volatus has established performance-based bonus agreements with the new employees based on seven distinct technical and revenue milestones.
The initiative aligns with Canada’s defense-industrial policy as the nation works toward the two percent NATO defense-spending target. By repatriating procurement and expanding domestic manufacturing, Volatus aims to establish the Mirabel facility as a cornerstone of the national aerospace ecosystem.
“Today’s announcement perfectly embodies YMX Innovation’s mission: to establish our Aerocity as a national hub for advanced air mobility and next-generation aerospace technologies. By hosting major programs such as Volatus Aerospace’s new RPAS initiative on our campus, we are strengthening Québec’s position as a leader in innovation, technological sovereignty, and industrial transformation within the aerospace sector,” said Yves Beauchamp, President and CEO of ADM Aéroports de Montréal.
The transaction is expected to close on or about November 1, 2025, subject to board and regulatory approvals.
