Volatus Aerospace Completes Acquisition of AISPECO, Expanding Proprietary Technology for Defence and Aerial Intelligence
Acquisition adds commercially deployed sensor systems, proprietary mission software and European manufacturing capabilities, supporting growth across commercial, infrastructure and defence markets.
MIRABEL, Québec, October 28, 2026 — Volatus Aerospace Inc., a Canadian-headquartered global aerospace and defence company, today announced the completion of its previously announced acquisition of AISPECO, UAB (“AISPECO”), a Lithuania-based developer and manufacturer of modular airborne sensor systems and proprietary flight-management software.
The acquisition brings ownership of sensor integration platforms, onboard electronics and mission software into Volatus’ existing aircraft operations, manufacturing capabilities and international customer network. This combination positions the Company to expand technology sales, deliver higher-value aerial intelligence services and develop additional solutions for commercial, infrastructure, defence and security customers.
AISPECO HELIUX FOCUS AI-guided gimbal
AISPECO has an established commercial business serving applications including utility inspection, forestry, surveying, mapping and infrastructure monitoring. Its sales activity also includes systems intended for defence-related and border-surveillance applications. Volatus intends to build on this foundation by combining AISPECO’s technology with its aviation operations and pursuing broader opportunities in government and allied markets.
“This acquisition brings us closer to delivering a complete, end-to-end aerial intelligence ecosystem,” said Glen Lynch, CEO of Volatus. “By integrating AISPECO’s proprietary sensors and software with our aircraft platforms and operational capabilities, we can accelerate innovation, strengthen our technology base and deliver more comprehensive solutions to defence, industrial and commercial customers worldwide.”
AISPECO flight management system ROBINCOP
AISPECO’s portfolio includes its HELIUX modular sensor pods, FOCUS AI-guided gimbal, CORE electronics and ROBINCOP flight-management software. These technologies complement Volatus’ existing capabilities and support applications ranging from intelligence, surveillance and reconnaissance (ISR) to infrastructure inspection, energy, utilities, surveying and geospatial intelligence.
The acquisition also adds an engineering and manufacturing base in Lithuania, a NATO and European Union member country. This presence complements Volatus’ Canadian manufacturing operations and supports further growth in European and allied markets, alongside opportunities for technology integration and development in Canada.
AISPECO system controller HELIUX CORE
Transaction Details
In connection with the acquisition, Volatus will pay US$3.0 million in cash and issue 17,434,193 common shares at a deemed price of C$0.5813 per share, reflecting customary working capital adjustments. The Company will also grant 1,859,804 restricted share units as part of the acquisition consideration. Additional contingent consideration of up to US$2.5 million may be payable in cash or common shares, at Volatus’ option, upon achievement of specified financial, commercial and product-development milestones over three years.