What Happened
Defence Revenue Target Jumps To 40 Percent Amid New Orders
Volatus Aerospace has secured a government contract to procure up to 5,000 tactical ISR drones under a framework agreement valued at as much as C$25 million. The company’s defence revenue target has jumped to 40% in 2026, with a long-term ambition of 60% to 65%. Volatus has also completed delivery of the first drone fleet under a NATO contract and has begun exercising its option on the second tranche. This development was reported by an unknown source.