Volatus Aerospace is moving to unify its aerial service offerings. The company has entered into definitive agreements to acquire the outstanding minority interest in Synergy Aviation Ltd., transitioning the subsidiary into a wholly owned entity subject to final approvals from the Board and the TSX Venture Exchange.
The deal, expected to close by March 15, 2026, will see Volatus issue up to 2.59 million common shares to acquire the remaining 41.53% of Synergy. The valuation aligns with the terms used when Volatus first increased its majority stake in 2025.
By folding Synergy entirely under the Volatus Aerospace brand, the company gains the ability to fully consolidate its commercial aircraft operations. This structural shift is designed to improve logistical coordination, allowing for more agile deployment of both crewed aircraft and drones. It also simplifies capital allocation and removes the reporting complexities associated with minority interests.
The timing aligns with Volatus’ ramp-up in the U.S., where its new base in Tulsa, Oklahoma, is set to begin crewed aircraft operations to support the oil and gas sector. Domestically, the company continues to advance its manufacturing and engineering capabilities, creating a vertically integrated aerospace pipeline.
“This isn’t just a paperwork consolidation; it’s about operational unity,” said Glen Lynch, CEO of Volatus Aerospace. “With Synergy fully on board, we can execute missions that blend traditional aviation with next-generation drone technology more efficiently, ensuring we deliver integrated solutions without operational silos.”
