Volatus Aerospace (TAKOF) announced the integration of key assets and capabilities from Air Data Systems, based in the United Kingdom, marking a strategic expansion of its global aerial solutions ecosystem. This collaborative arrangement strengthens Volatus’ position as a leader in aerial intelligence and logistics by opening doors to new opportunities and partnerships in critical industries. ADS specializes in streamlining large-scale and complex surveys and data acquisition projects for industrial applications such as asset management, inspection services, oil & gas, utilities, and environmental services. The transaction, structured with a success-fee model tied to future contract outcomes, aligns the interests of both organizations and highlights the significant potential of this collaboration. As part of this agreement, Volatus has acquired the ADS brand, website, and domain, along with a robust GBP 5M sales opportunity pipeline. To further enhance this partnership, Mark Currass, former Managing Director of ADS, has joined Volatus Aerospace as Executive Consultant, Global Business Development. Mark will spearhead growth initiatives and leverage the combined capabilities of Volatus and ADS to unlock new markets and drive innovation.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on TAKOF:
- Volatus Aerospace Wins Prestigious Environmental Award
- Volatus Reports Growth and Strengthens Finances
- Volatus Aerospace Boosts Drone Tech with DAIR Grant
- Volatus Aerospace secures DAIR Green Fund grant
- Volatus Aerospace appoints Greg Colacitti as COO
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
