Volatus Aerospace secures $15m financing from Investissement Québec and Export Development Canada for expansion and AI-based solutions.

Volatus Aerospace has obtained $15 million in financing from Investissement Québec and Export Development Canada to enhance its operations and develop aerial solutions in sectors like oil and gas and public safety. The funding consists of $7.5 million each from the two organizations, aimed at achieving profitability and supporting growth initiatives. Volatus will relocate its head office to Quebec and focus on AI-based solutions and unmanned delivery projects.

October 22, 2024
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