Volatus Aerospace Acquires Synergy Aviation, iRed

by DRONELIFE Staff Writer Ian M. Crosby

Today, Volatus Aerospace announced that it has finalized its acquisitions of Synergy Aviation of Edmonton Alberta, which was first announced on October 13, 2022, and of iRed Remote Sensing of Emsworth, England, first announced on October 28, 2022.

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Through its acquisition of Synergy Aviation, Volatus has achieved a position of influence within the sector of Oil and Gas infrastructure monitoring, possessing the ability to institute green drone technologies that will grant a competitive advantage for growth within the industry. Furthermore, the company’s acquisition of iRed will bolster its offerings within the infrared inspection field, as well as further extending the range of Volatus’s influence within the UK and Europe.

“The addition of these two companies adds approximately $7.5MM in proforma revenue and…