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  5. VOL: Could I have your thoughts on the merger between Drone Delivery & Volatus Arospace. [Volatus Aerospace Corp.]
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Q: Could I have your thoughts on the merger between Drone Delivery & Volatus Arospace.

Thanks Steve
Asked by Stephen on May 23, 2024
5i Research Answer:

FLT.V and VOL.V will be engaging in a merger of equals, with the new company continuing as Volatus Aerospace Corp. The transaction is anticipated to close in the third quarter of 2024. The combined merger is expected to leverage both companies' capabilities and immediately capitalize on cost synergies. It is an interesting merger between two very small companies that should speed up commercialization. 

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