A Latin American Joint Venture Is Announced By Volatus Aerospace

Aerospace and Defense Review | Thursday, July 21, 2022

Canada's Volatus Aerospace helped US-based Aerovel Corporation market its Flexrotor uninhabited aircraft at CANSEC 2022 at the beginning of June in Ottawa. The Flexrotor carries out ISTAR (intelligence, surveillance, target acquisition, and reconnaissance).

FREMONT, CA: Canada-based drone services donor Volatus Aerospace Corporation has created a joint venture (JV) with Peru's EOLO Drones to serve government & commercial customers in the "vast, emerging market" of Latin America, Volatus declared on 8 June.

Under the Volatus Aerospace LATAM JV, Volatus will extend its presence in Latin America, while EOLO will support identifying prospective clients and added partners. Volatus will have 75% of the JV, and EOLO will maintain the leftover 25%.

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Volatus said Latin American entities gradually want to use unmanned aerial vehicles (UAVs) for surveillance, inspections, and cargo transport. As proof of this rising interest, Volatus remarked that the Peruvian Air Force is scheduled to keep its first drone conference, Salon Internacional Technologico de Drones (SITDrone), in November at Las Palmas Air Base in Lima.

Kate McKenna, Volatus' financier relations and government liaison, have worked on this JV for about a year, ensuring that we realize the market and its potential.

Volatus representatives met Lieutenant-General Carlos Chavez Cateriano, chief of staff for the Peruvian Air Force, at CANSEC in early June in Ottawa.

Volatus' services incorporate flight operations, training, equipment sales, maintenance, and research and development. The company possesses a network of 1,200 pilots in North America who serve the defense, public safety, and other government departments and industry.

Volatus uses UAVs for defense, including Ascent AeroSystems' Spirit and UAVTEK's Bug and Fury, all of which perform intelligence, surveillance, and reconnaissance (ISR); Aerovel Corporation's Flexrotor, which leads ISR and target acquisition; and Full Throttle Aerial's heavy-lift Scorpion.

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