What Happened
Canadian Aerospace Company Expands Proprietary Technology
Volatus Aerospace has announced the acquisition of AISPECO, a Lithuania-based developer of modular airborne sensor systems and proprietary flight-management software. The acquisition is expected to expand Volatus’ presence in European markets and enhance its capabilities in sensor technology and mission software. AISPECO’s technology has been commercially deployed and has generated significant revenue, with approximately C$5.72 million in fiscal 2025. The acquisition was reported by Unknown Source.