Northwire Canada EditionFriday, July 24, 2026
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AVX 0.005 −nan% AII 19.91 −1.0% GWM 0.480 +0.0% GEN 0.065 +0.0% NIO 0.135 −3.6% III 7.22 −2.8% NCAU 0.295 −3.3% NEV 0.040 +0.0% ITR 3.00 −1.6% ALDE 2.79 −0.7% TECK 84.18 +4.4% FVI 11.83 −2.2% SUM 1.31 −1.5% RSMX 0.115 +4.5% STW 0.105 +5.0% PAT 0.250 +0.0% AVX 0.005 −nan% AII 19.91 −1.0% GWM 0.480 +0.0% GEN 0.065 +0.0% NIO 0.135 −3.6% III 7.22 −2.8% NCAU 0.295 −3.3% NEV 0.040 +0.0% ITR 3.00 −1.6% ALDE 2.79 −0.7% TECK 84.18 +4.4% FVI 11.83 −2.2% SUM 1.31 −1.5% RSMX 0.115 +4.5% STW 0.105 +5.0% PAT 0.250 +0.0%
M&A / Property

Volatus Aerospace and ARCO Worldwide Services Establish Landmark Partnership to Deliver Drone Training in Nigeria

FLT · Price

Executive Summary

  • Volatus Aerospace Inc. signed a three‑year Memorandum of Understanding with ARCO Worldwide Services Limited (AWS) to deliver white‑label, co‑branded drone training programs in Nigeria through the ARCO Aviation Academy (AAA).
  • The agreement leverages Volatus’s “Volatus Academy” curriculum and instructor resources while AAA provides local delivery, targeting advanced RPAS courses such as thermography, LiDAR, and BVLOS operations for industry, defense, public safety, and first responders.
  • Initial training programs are slated to commence in Q4 2025, positioning Volatus to capture new revenue streams from the rapidly growing West African drone market.

Key Details

  • Parties Involved:
  • Volatus Aerospace Inc. (TSXV: FLT | OTCQB: TAKOF | FSE: A3DP5Y) – provider of curriculum, training materials, and instructors.
  • ARCO Worldwide Services Limited (AWS), subsidiary of ARCO Group Plc. – partner responsible for local delivery via ARCO Aviation Academy (AAA).

  • Agreement Scope:

  • Three‑year framework covering localized curriculum delivery, instructor training, and ongoing quality assurance.
  • White‑label and co‑branded model: AAA will market the programs under its brand while utilizing Volatus’s content.

  • Training Focus Areas:

  • Foundational RPAS pilot certification (already offered by AAA).
  • Advanced/specialized modules: thermography, LiDAR mapping, Beyond Visual Line of Sight (BVLOS) operations.

  • Regulatory Alignment:

  • Programs designed to meet international standards (ICAO, SORA) and comply with the Nigerian Civil Aviation Authority (NCAA).
  • AAA is NCAA‑approved, ensuring immediate regulatory acceptance for delivered courses.

  • Timeline:

  • Agreement signed October 15 2025.
  • First training cohorts expected to launch in Q4 2025.

  • Strategic Rationale / Expected Benefits:

  • Expands Volatus’s global footprint into West Africa, a region with rising demand for professional drone services.
  • Generates new revenue streams from curriculum licensing, instructor fees, and potential future service contracts linked to trained pilots.
  • Enhances workforce development in Nigeria, supporting broader adoption of UAV technology across multiple sectors.

  • Leadership Comments:

  • Glen Lynch, CEO, Volatus Aerospace – highlighted the partnership as a milestone for global safe drone operations and workforce development.
  • Okosubide Mozimo, Managing Director, ARCO Worldwide Services – emphasized bringing globally recognized training to Nigeria for the first time.

Notable Quotes

  • “This collaboration marks an important milestone in our mission to expand safe, professional drone operations worldwide,” — Glen Lynch, CEO, Volatus Aerospace Inc.
  • “Together with Volatus, we will empower a new generation of certified drone professionals and enhance safety, compliance, and innovation across the sector.” — Okosubide Mozimo, Managing Director, ARCO Worldwide Services

Materiality Assessment: Material – Positive (the agreement introduces a new revenue‑generating business line in an emerging market and aligns with Volatus’s growth strategy).

Read the original news release →

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