Volatus Aerospace Receives Conditional Approval to Graduate to the Toronto Stock Exchange

MONTREAL, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV: FLT) (OTCQB: TAKOF) (FSE: ABB.F) (“Volatus” or the “Company”), a Canadian aerospace and defence company delivering crewed and uncrewed aerial systems, manufacturing, and mission-critical operational services, today announced that the Toronto Stock Exchange (“TSX”) has conditionally approved the listing of the Company’s common shares in connection with its graduation from the TSX Venture Exchange, subject to the Company satisfying the customary listing requirements of the TSX.

The Company’s shares will continue to trade under the symbol “FLT.” Volatus will provide further details regarding the anticipated listing date and commencement of trading on the TSX once the remaining listing requirements have been satisfied.

Listing on Canada’s senior exchange represents an important milestone for Volatus and reflects the continued evolution and maturation of the Company’s aerospace platform. Graduation to the TSX is expected to enhance the Company’s visibility among institutional investors and broaden access to capital markets as it continues to scale its integrated aerospace and autonomous systems capabilities.

Glen Lynch, Chief Executive Officer of Volatus Aerospace commented, “Conditional approval to list on the Toronto Stock Exchange marks a significant milestone for Volatus and reflects the scale and discipline of the aerospace platform we’ve built. Over the past several years, we have focused on integrating piloted aviation, remotely piloted aircraft systems, autonomy, and data services into a unified and scalable operating model. As Canada advances investment in sovereign aerospace and autonomous capabilities, we believe Volatus is well positioned to contribute meaningful operational capacity while continuing to strengthen our institutional profile and capital markets access.”

Share Consolidation Authorization

The Company intends to seek shareholder approval at its next Annual General Meeting for a resolution authorizing the Board of Directors, at its discretion, to implement a consolidation of the Company’s issued and outstanding common shares within a range to be specified in the meeting materials.

The proposed authorization is intended to provide the Board with flexibility to optimize the Company’s capital structure as it transitions to the Toronto Stock Exchange. Maintaining an appropriate share price range may enhance institutional participation and support broader capital markets eligibility.

The Company has no immediate plans to implement a consolidation, and any decision to proceed would be subject to market conditions and the best interests of shareholders.

Final listing approval remains subject to the Company satisfying all TSX listing requirements. The Company will issue a further announcement confirming the effective listing date once final approval has been obtained.

About Volatus Aerospace

Volatus Aerospace Inc. is a Canadian-based global aerospace and defence company delivering crewed and uncrewed aerial systems, manufacturing, advanced autonomy capabilities, and mission-critical operational services.

The Company provides aerial intelligence, inspection, logistics, surveillance, training, and autonomous aerial solutions supporting infrastructure, energy, public safety, healthcare, and government operations.

Forward-Looking Information

This news release contains statements that constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs, and current expectations of the Company with respect to future business activities, events, developments, and operating performance. Often, but not always, forward-looking information and forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", “seeks”, “strategy” or "believes" or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results "may", "could", "would", "might" or "will" (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding: (i) the business plans, business outlook, and expectations of the Company; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial, and economic data and operating plans, strategies, or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Company, including information obtained from third-party industry analysts and other third-party sources, and are based on management's current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information and forward-looking statements reflect the Company's current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include but are not limited to the commercialization of drone flights beyond visual line of sight and potential benefits to the Company; and meeting the continued listing requirements of the TSXV. Although the Company has attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events, or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

For additional Information, please contact:

Abhinav Singhvi, Chief Financial Officer

+1-833-865-2887

investorrelations@volatusaerospace.com

COMPANY WEBSITE

https://volatusaerospace.com

SOURCE: Volatus Aerospace Inc.

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