A deal about battery deliveries, the Volatus share back into the focus of the investors. The agreement with a home manufacturer ensures a buying mood at the parquets.
• Volatus aerospace closes the declaration of intent with Voltaxplore
• Deal strengthens Canadian supply chain
• stock attracts
Drone platforms are energy -intensive. For Volatus Aerospace, ensuring the supply of high -performance batteries is therefore essential. In this endeavor, the provider of integrated drone solutions has now closed an important deal.
High -performance batteries secured by Voltaxplore
As the company announced on Tuesday, a declaration of intent was signed with Voltaxplore, a manufacturer of high-performance lithium-ion batteries and a subsidiary of Nanoxplore. Specifically, it is about the future delivery of Canadian lithium-ion battery cells to supply the next generation of drone generation of volatus.
As part of the agreement, Volatus secures high -performance batteries – for Voltaxplore, the agreement now opens up a new vertical market in the aerospace, which supplemented the company’s existing presence in the areas of electromobility and energy storage, as was announced as part of a press release. By securing a domestic source for advanced, silicon -based battery cells Volatus strengthening domestic procurement and supply management and also increasing the technological independence, and it is also taken into account to the expected federal investments in the Canadian production capacities, as the company further emphasized.
Voltaxplore will provide production capacities from its 1 MWH plant in Montreal, which has been in operation since 2022, to supply volatus with advanced battery cells developed and manufactured in Canada. This partnership strengthens the domestic supply chain of Canada – from critical materials to manufacturing aerospace products – and at the same time ensures more resistance and reduces the dependence on external energy storage sources, the press release continues.
Investors take the message positively
The news on the market was extremely well received, the Volatus share was able to achieve an increase of 8.33 percent to 0.65 CAD the day before. The annual profits add up to 348 percent, in the past three months alone it has gone up for the Volatus share certificate by 124 percent.
Editor finance.net
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