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Volatus to buy Lithuania's AISPECO for US$10.5M

PUBLIC · TAKOFOct 23, 2026

Acquiring Company

Volatus Aerospace

Acquired Company

AISPECO

VaughanLithuaniaOtherManufacturingInformation TechnologyAerospaceSatellite CommunicationArtificial Intelligence

Description

Volatus Aerospace has agreed to acquire all shares of Lithuania's AISPECO UAB. The base consideration is US$10.5 million, comprising US$3.0 million in cash and US$7.5 million in Volatus stock, plus up to US$2.5 million in milestone-based earn-out. The deal has not yet closed, as it is subject to customary conditions including conditional Toronto Stock Exchange approval.

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Company Information

Company

Volatus Aerospace

Location

6-6221 Highway 7

Vaughan, Ontario, Canada

About

Volatus Aerospace is a leader in innovative global aerial solutions for intelligence and cargo. With deep technological and subject matter expertise and over 100 years' worth of combined institutional knowledge in aviation, Volatus provides meaningful aerial solutions for end users across various industries using both piloted and remotely piloted aircraft systems (RPAS or drones). We are committed to enhancing operational efficiency, safety, and sustainability through innovative, real-world aerial solutions.

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Frequently asked

Who acquired AISPECO?

AISPECO was acquired by Volatus Aerospace, based in Vaughan. The deal was reported on October 23, 2026. Volatus Aerospace is a leader in innovative global aerial solutions for intelligence and cargo. Volatus Aerospace is publicly traded (TAKOF) and operates in Other.

When did Volatus Aerospace acquire AISPECO?

Volatus Aerospace's acquisition of AISPECO was reported on October 23, 2026. Volatus Aerospace has agreed to acquire all shares of Lithuania's AISPECO UAB. The base consideration is US$10.5 million, comprising US$3.0 million in cash and US$7.5 million in Volatus stock, plus up to US$2.5 million in milestone-based earn-out. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does AISPECO do?

AISPECO is a firm specializing in innovative technology solutions. The company offers various services and products focusing on enhancing operational capabilities in different sectors. AISPECO aims to adapt and grow within rapidly changing markets. It is privately held, operating in Artificial Intelligence, and is based in Lithuania.

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