Volatus Aerospace Corp. (TSXV:VOL) agreed to acquire UAVHub and The Drone Mentor for £0.16 million on November 30, 2023. Under the terms of agreement, Volatus issued 1.575 million shares as consideration.

The acquisition of UAVHub and The Drone Mentor is anticipated to close on January 2, 2024 or such other agreed date conditional on satisfactory completion of due diligence, approval of the respective Board of Directors, key clients, and regulatory approval of the TSX Venture Exchange.