Drone Delivery Canada and Volatus announce merger
Drone Delivery Canada and Volatus Aerospace announced a merger of equals to create a combined drone technology and services company.
Evidence notes
- The combined company planned to maintain Drone Delivery Canada brand for cargo operations.
- The merger aimed to commercialize Drone Delivery Canada proprietary cargo-drone technology through a larger operating platform.
- The transaction was expected to close in the third quarter of 2024.