March 10, 2023 (Investorideas.com Newswire) The company also acquires a business that uses manned and unmanned drones to obtain and provide data to clients, noted an Echelon Capital Markets report.
Volatus Aerospace Corp. (VOL:TSX; VLTTF:OTCQB) announced two new operational developments: a contract win and a strategic acquisition, reported Echelon Capital Markets analyst Rob Goff in a March 7 research note. Volatus provides integrated drone solutions throughout North America and is expanding into Latin America and beyond.
Compelling Gains for Investors
Echelon has a Speculative Buy rating and a CA$0.90 per share target price on Volatus, currently trading at about CA$0.40 per share. The price difference reflects a compelling potential return for investors of about 125%.
Agreement Valued at CA$5M
Through a competitive request for proposal process, Volatus, through…
