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May 4, 2022 – Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) (“Volatus” or “the Company”) is pleased to announce the acquisition of Canadian Air National, a commercial aircraft operator specializing in contracted pipeline inspections for the oil and gas industry. Seth Moffat, President and CEO of Canadian Air National, will continue to lead the company.

“The oil and gas sector has enormous growth potential as drone and AI-enhanced solutions are added to the mix of traditional crewed aircraft providing aerial patrol and inspections,” says Luc Masse, Volatus Executive Vice President. “We are looking forward to supporting Seth and his team. They are a welcome addition to Volatus. Seth is a well-respected aviation professional who pilots for a major national airline in addition to being Vice Chair of the Flight Operations Specialist Group with the Royal Aeronautical Society.”

Seth Moffat stated: “I am exceptionally proud of the quality air operator that Canadian Air National has become, and recognize Volatus Aerospace as the right opportunity for future growth, development and technological advancement. The strength that Volatus brings to the company will significantly benefit our clients moving forward and ensure Canadian Air National remains part of the Canadian aviation landscape for years to come.”

Canadian Air National is organized to conduct airborne inspections and patrols in Canada and the USA. Volatus intends to use this new capability to supplement and expand larger drone project opportunities. Wherever possible, Volatus will dronify operations to improve efficiencies.

About Volatus Aerospace:

Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft.