Volatus Aerospace Inc. · TSX:FLT
Volatus Aerospace — Merger or Acquisition (October 2026)
22 slides from Volatus Aerospace's merger presentation, Oct 14, 2026
Slide 1: Volatus Acquires AISPECO
VOLATUS ACQUIRES AISPECO Owning the sensor platform for commercial and defence aerial intelligence. Glen Lynch, CEO October 14, 2026 Abhinav Singhvi, CFO
Slide 2: Forward-Looking Information
FORWARD-LOOKING INFORMATION This presentation contains forward-looking information within the meaning of applicable Canadian securities laws, including statements about the anticipated benefits of the acquisition of AISPECO, UAB, expected synergies, the fiscal 2027 outlook for AISPECO, integration p
Slide 3: Completing the Stack
COMPLETING THE STACK Volatus builds & flies the aircraft. AISPECO builds the eyes. Now we own both. Every survey, patrol and surveillance flight depends on the sensor pod. Now Volatus designs, builds and sells it to commercial and defence customers, and earns a margin on the hardware as well as the
Slide 4: Transaction at a Glance
TRANSACTION AT A GLANCE US$10.5M ~70% US$2.5M ~C$10M Base consideration: US$3.0M Paid in FLT shares; cash at Maximum earn-out, tied to AISPECO FY2027 revenue cash + US$7.5M in Volatus closing limited to US$3.0M financial, commercial and outlook, 8-12% adj. EBITDA shares product milestones over 3 yea
Slide 5: Meet AISPECO
MEET AISPECO Vilnius-based maker of airborne geospatial data collection pods: LiDAR, optical, thermal, hyperspectral and gas sensors in one modular system, for commercial and defence missions. Founded 2020 Engineering, production, support and sales in Vilnius, Lithuania C$5.72M 2025 revenue, more th
Slide 6: Two Engines, One Platform
TWO ENGINES, ONE PLATFORM COMMERCIAL ENGINE DEFENCE ENGINE MARKETS MARKETS Power & utilities · Pipelines & energy · Rail · Forestry · City & 3D ISR · Border security · Coastal & maritime surveillance · Terrain mapping data for autonomous navigation PROOF TODAY PROOF TODAY ~50 systems sold; KCSI, Man
Slide 7: Product Portfolio
PRODUCT PORTFOLIO Patent pending Patent pending HELIUX LITE HELIUX XL HELIUX FOCUS CORE + ROBINCOP The only travel-ready pod Certified for most helicopters Cuts flight time 3x Brain and cockpit ▪ Stabilizers inside the pod ▪ Up to 9 sensors, 175 lb ▪ AI selects the sharpest ▪ NVIDIA Jetson Orin on ▪
Slide 8: What Makes It Different
WHAT MAKES IT DIFFERENT 01 02 03 04 05 Mix & match Robotics improves AI on board Remote payload ROBINCOP FMS sensors acquisition control Combine LiDAR, RGB, Active stabilization and Onboard computing Operate sensors from All sensors on one NIR, thermal, automated pointing runs AI-assisted pre- the g
Slide 9: Clamp On. Fly. Collect Everything.
CLAMP ON. FLY. COLLECT EVERYTHING. 25+ helicopter models with approved mounting options 9 sensors on a single pod 1 pass LiDAR, imagery, thermal and gas in a single flight 9
Slide 10: Commercial Engine
COMMERCIAL ENGINE COMMERCIAL Powerline Corridor LiDAR Pipeline Patrol City & 3D Mapping Up to 68% 30%+ Up to 10x fewer survey flight miles higher sensor utilization faster targeted inspection DAS Geospatial, at specified resolution and Multiple customers, by flying more mission Geocart, against its
Slide 11: Methane: Next Product
METHANE: NEXT PRODUCT In validation: HELIUX LITE paired with a SWIR hyperspectral camera, designed to detect, localize and quantify methane leaks from hundreds of feet above ground. DETECT LOCALIZE QUANTIFY Reads methane's signature in reflected Geo-referenced on every pixel via the pod's Quantitati
Slide 12: Remote Operations
REMOTE OPERATIONS COMMERCIAL AISPECO pods already run with a remote operator. Volatus turns that into a service: lease the pod, and our control center operates it. TODAY: AISPECO Up to US$100k saved per system per year by customers who operate the pod remotely over Starlink NEXT: VOLATUS CONTROL CEN
Slide 13: Defence Engine
DEFENCE ENGINE DEFENCE Terrain Data for Drone Navigation Wildfire Detection Coastal & Maritime ISR NORTH AMERICAN DEFENCE PRIME WILDFIRE & EMERGENCY RESPONSE COASTAL SURVEILLANCE Terrain data for drone navigation Hotspot mapping Wide-area detection, close-up check Bought a HELIUX LITE system for lar
Slide 14: Defence-Ready by Design
DEFENCE-READY BY DESIGN DEFENCE The open, sensor-agnostic pod already flying on commercial and defence missions is the base for lower-cost ISR, border and maritime payloads. Today Defence pathway LiDAR, EO, thermal, EO/IR, MWIR, SAR, comms and Sensors hyperspectral, gas mission sensors Qualification
Slide 15: Built for Allied Defence
BUILT FOR ALLIED DEFENCE DEFENCE NATO-Allied Supply Chain Open Architecture Lower Cost per Mission Proven in the Air Engineered and built in Any sensor, any brand. No Light aircraft and ~50 systems flying, approved Vilnius, Lithuania (NATO and lock-in to a single ISR commercial-grade pods mounting o
Slide 16: Where AISPECO Fits
WHERE AISPECO FITS Commercial: infrastructure, energy & utilities, mapping, public safety | Defence: ISR, border, maritime, terrain MISSIONS data Cortex AI for autonomy, with Valqari platform and AIRS for oil & gas mission planning and data collection, run MISSION CONTROL AISPECO CORE + ROBINCOP ove
Slide 17: Next Product: HELIUX ATOM
NEXT PRODUCT: HELIUX ATOM HELIUX ATOM puts AISPECO's survey-grade LiDAR and WHAT IT MEANS FOR VOLATUS camera on Volatus drones. A lightweight payload that pairs a survey-grade laser scanner with a high- 1 One flight management system Runs on the same FMS as every AISPECO product, so crews and resolu
Slide 18: Owning the Whole Value Chain
OWNING THE WHOLE VALUE CHAIN Fly the aircraft Build the sensor Process on board Deliver the data Improve the product Every mission feeds the next product release. A competitor renting a third-party pod cannot do this: the pod maker keeps the learning. Typical drone or aircraft operator Volatus with
Slide 19: Synergies
SYNERGIES UP TO C$1.4M - C$2.6M C$7M - C$12M C$14.6M cost and direct synergies per year by year 2 market access: incremental revenue and addressable market 01 02 03 04 05 Own sensors on our Methane + LiDAR in US pipeline & utility European market Defence & allied fleet one flight access access procu
Slide 20: AISPECO FY2027 Outlook
AISPECO FY2027 OUTLOOK ~C$10M 8% - 12% ~C$5.72M FY2027 revenue Adjusted EBITDA margin 2025 revenue, >2x 2024 KEY ASSUMPTIONS ▪ Standalone AISPECO, excluding synergies and defence programs not yet contracted; IFRS; consolidated from closing ▪ EUR/CAD exchange rate of 1.60 ▪ Conversion of AISPECO's ex
Slide 21: Thank You
THANK YOU [email protected] (OTCQX: TAKOF) (TSX: FLT) (FRA: A2JEQU) www.volatusaerospace.com
Slide 22: Appendix: Glossary
APPENDIX: GLOSSARY Intelligence, Surveillance & Reconnaissance: finding and ISR MIL-STD-461 US military electromagnetic test: no radio jamming in or out tracking activity on the ground Electro-Optical / Infrared: daytime camera plus heat camera EO/IR MIL-STD-704 US military test for running safely o
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