Volatus Aerospace agrees to buy Lithuania-based sensor systems maker AISPECO for USD 10.5 million

Bitget2026/10/14 12:28

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Volatus Aerospace agreed to acquire 100% of Lithuania-based AISPECO, adding modular airborne sensor systems and flight-management software.
Base consideration totals USD 10.5 million, split into USD 3 million cash and USD 7.5 million in Volatus common shares.
Earnout of up to USD 2.5 million payable in cash or equity, tied to financial, commercial, product-development milestones over three years.
AISPECO generated about CAD 5.72 million revenue in fiscal 2025; projected to deliver about CAD 10 million revenue in fiscal 2027.
Standalone adjusted EBITDA margin forecast at 8%–12%; expected annual synergies of CAD 1.4–2.6 million by year two.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Volatus Aerospace Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610140827PRIMZONEFULLFEED9845595) on October 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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