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Today, VolatusAerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or"the Company") introduces the robotic crawler,Hydra .
Outfitted withwear-resistant all-terrain treads and built on a solid metal chassis,the Hydra is a robotic crawler platform controlled with a ruggeddual-screen remote and equipped with an easy-to-use customizableswitch layout. Designed for use in a variety of applications with awide range of payloads, it can handle challenging terrains anddangerous situations with ease, prioritizing the safety of humanlife.
“The Hydra was builtto withstand tough conditions, like those you would encounter atmining sites and wildfires,” explained Pedram Nowroozi, CTO ofVolatus aerospace. “In fact, we began development on the Hydra basedon a need from one of our mining clients. They wanted to be able to gointo tight and rugged spaces with a LiDAR sensor for surveying andmapping projects that would otherwise be dangerous for their crew. Weare proud of what we accomplished and very excited to be making theseunits available commercially.”
“ Accordingto Future Market Insights , smart mining technologies alone arepredicted to reach $9 B by 2032 US with a CAGR of 14%,” said GlenLynch, CEO of Volatus Aerospace. “The Hydra was designed to capturethat market and has the capability to expand into other diversemarkets like firefighting. In fact, we’ve already developed a modelthat can provide fire suppression so that firefighters can multiplytheir workforce when fighting complex and dangerous fires.”
Customizable to fitclient’s exact needs, the Hydra can handle up to 120 kilograms witha standard three-hour runtime in a 2-kilometer range, with optionalupgrades to increase range, including a 5G 4 SIM LTE module and alarger 6-hour battery.
Volatus’ mining client has already taken delivery of theirfirst Hydra unit. The Company is now making it available to moreclients as off the shelf or a specifically customizedproduct.
About Volatus Aerospace:
VolatusAerospace Corp. is a leading provider of integrated drone solutionsthroughout North America and growing into Latin America and globally.Volatus serves civil, public safety, and defense markets with imagingand inspection, security and surveillance, equipment sales andsupport, training, as well as R&D, design, and manufacturing.Through our subsidiary, Volatus Aviation, we are introducing green andinnovative drone solutions to supplement and replace traditionalaircraft and helicopters for long-linear inspections such as pipeline,energy, rail, and cargo services. Volatus is committed to carbonneutrality; the fostering of a safe, equitable and inclusiveworkplace; and responsible governance.
Forward-LookingInformation
This news release contains statements thatconstitute “forward-looking information” and “forward-lookingstatements” within the meaning of applicable securities laws,including statements regarding the plans, intentions, beliefs, andcurrent expectations of the Company with respect to future businessactivities and operating performance. Often, but not always,forward-looking information and forward-looking statements can beidentified by the use of words such as “plans”, “expects”,“is expected”, “budget”, “scheduled”, “estimates”,“forecasts”, “intends”, “anticipates”, or “believes”or variations (including negative variations) of such words andphrases, or statements formed in the future tense or indicating thatcertain actions, events or results “may”, “could”,“would”, “might” or “will” (or other variations of theforegoing) be taken, occur, be achieved, or come to pass.Forward-looking information includes information regarding: (i) thebusiness plans and expectations of the Company; and (ii) expectationsfor other economic, business, and/or competitive factors.Forward-looking information is based on currently availablecompetitive, financial, and economic data and operating plans,strategies, or beliefs as of the date of this news release, butinvolve known and unknown risks, uncertainties, assumptions and otherfactors that may cause the actual results, performance or achievementsof the Company to be materially different from any future results,performance or achievements expressed or implied by theforward-looking information. Such factors may be based on informationcurrently available to the Company, including information obtainedfrom third-party industry analysts and other third-party sources, andare based on management’s current expectations or beliefs. Any andall forward-looking information contained in this news release isexpressly qualified by this cautionary statement. Investors arecautioned that forward-looking information is not based on historicalfacts but instead reflects expectations, estimates or projectionsconcerning future results or events based on the opinions, assumptionsand estimates of management considered reasonable at the date thestatements are made. Forward-looking information and forward-lookingstatements reflect the Company’s current beliefs and is based oninformation currently available to it and on assumptions it believesto be not unreasonable in light of all of the circumstances. In someinstances, material factors or assumptions are discussed in this newsrelease in connection with statements containing forward-lookinginformation. Such material factors and assumptions include, but arenot limited to: the commercialization of drone flights beyond visualline of sight and potential benefits to the Company; and meeting thecontinued listing requirements of the TSXV. Although the Company hasattempted to identify important factors that could cause actualactions, events or results to differ materially from those describedin forward-looking information, there may be other factors that causeactions, events or results to differ from those anticipated, estimatedor intended. The forward-looking information contained herein is madeas of the date of this news release and, other than as required bylaw, the Company disclaims any obligation to update anyforward-looking information, whether as a result of new information,future events or results or otherwise. There can be no assurance thatforward-looking information will prove to be accurate, as actualresults and future events could differ materially from thoseanticipated in such statements. Accordingly, readers should not placeundue reliance on forward-looking information.Neither the TSXV nor itsRegulation Services Provider (as that term is defined in the policiesof the TSXV) accepts responsibility for the adequacy or accuracy ofthis news release.
Source: Volatus Aerospace Corp.
TSXV:VOL
Contact Details
Pedram Nowroozi
+1647-887-1448
pedram.nowroozi@volatusaerospace.com
CompanyWebsite
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