# Volatus Aerospace makes strategic investment in Delta Drone

Volatus Aerospace signed a definitive agreement to invest up to CAD 1.85 million in Delta Drone SA for a 20% stake, with an option to increase to 45%. Glen Lynch will become executive chairman of Delta Drone.

- Type: Investment
- Announced: 2022-03-03
- Where: Lyon, France
- Value: $1.45M (1.85M CAD)
- Status: announced
- Products: drones, robotics
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Delta Drone](https://endata.com/companies/18110.md)
- [Volatus Aerospace](https://endata.com/companies/15449.md) (investor)

## Sources

- [tnw-a.thenewswire.com](https://tnw-a.thenewswire.com/press-releases/1kZaFD8GQ-volatus-aerospace-fait-un-investissement-strategique-dans-delta-drone-pour-solidifier-la-presence-mondiale-des-drones.html), 2022-03-03: "Volatus Aerospace a annoncé la signature d’un accord définitif le 3 mars 2022 pour effectuer un investissement stratégique dans Delta Drone SA"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.