-+ 0.00%
-+ 0.00%
-+ 0.00%

Volatus Aerospace Completes Acquisition of AISPECO

PUBT·10/28/2026 11:37:32
Volatus Aerospace Completes Acquisition of AISPECO
  • Volatus Aerospace completed its acquisition of Lithuania-based AISPECO, a developer and manufacturer of airborne sensor systems and flight-management software.
  • Consideration includes USD 3 million in cash and 17,434,193 common shares at a deemed price of CAD 0.5813 per share.
  • The acquisition consideration also includes 1,859,804 restricted share units.
  • Contingent consideration of up to USD 2.5 million may be payable in cash or common shares upon meeting milestones over three years.
  • The deal adds proprietary technology and a Lithuanian engineering and manufacturing base, supporting expansion in defence and aerial intelligence markets.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Volatus Aerospace Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610280730PRIMZONEFULLFEED9854757) on October 28, 2026, and is solely responsible for the information contained therein.