What Happened
Canadian Company Secures Five-Year Contract For Tactical ISR Systems
Volatus Aerospace has been awarded a five-year contract by the Government of Canada to supply Low-Cost Tactical Intelligence, Surveillance and Reconnaissance (ISR) Uncrewed Aircraft Systems (UAS) to the Canadian Armed Forces. The initial procurement includes 100 tactical ISR UAS systems, with options for up to 4,900 more. The contract is valued at up to C$25 million and represents Volatus’ first conversion of its DDI qualification into a CAF contract. This development was reported by InvestorIdeas.