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Drone Delivery Canada ( (TSE:FLT) ) has shared an announcement.
Volatus Aerospace announced the renewal and expansion of a significant U.S.-based power utility inspection program for 2025, marking a 17% increase in inspection requirements from a major client. This development highlights Volatus’ growing influence in the energy utilities sector, showcasing its capacity to deliver innovative aerial solutions and strengthen its market leadership. The appointment of Richard Nasmith as Senior Vice President of Business Development is expected to further drive the company’s strategic initiatives, leveraging his extensive experience in sales, marketing, and the electric utility sector to enhance growth and client partnerships.
More about Drone Delivery Canada
Volatus Aerospace is a leader in innovative global aerial solutions for intelligence and cargo. The company leverages both piloted and remotely piloted aircraft systems to provide meaningful aerial solutions across various industries, focusing on enhancing operational efficiency, safety, and sustainability.
YTD Price Performance: 3.64%
Average Trading Volume: 61,273
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $52.1M
See more data about FLT stock on TipRanks’ Stock Analysis page.
