Volatus Wins Five-Year Canadian Armed Forces Tactical ISR Drone Deal
MIRABEL – October 29, 2026 -- Volatus Aerospace (TSX: FLT) has won a five-year Government of Canada contract to supply low-cost tactical intelligence, surveillance and reconnaissance (ISR) uncrewed aircraft systems to the Canadian Armed Forces (CAF). The initial order covers 100 systems, with options for up to 4,900 more, for a potential total of 5,000.
Ottawa caps unit price at C$5,000 within a C$25 million envelope
The government's procurement framework set a maximum price of C$5,000 per system and a maximum procurement envelope of C$25 million. Volatus' contracted pricing is commercially confidential. Canada can exercise the 4,900 optional systems at its sole discretion.