# Volatus Aerospace funding: rounds and investors

> Volatus Aerospace has raised $22M across 2 rounds since 2026. Investors include Export Development Canada, Investissement Quebec and National Research...

Source: https://millionrounds.com/company/volatus-aerospace (Millionrounds; every figure on the page links to its filing or article)

Canada · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Volatus Aerospace*

2 rounds we have observed, with the 3 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

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Drones

Raised 6 months ago

Funding summary Updated 27 Oct 2026

**$22M** raised across 2 rounds since 2026, from 2 sources

**$233K** Grant **$22M** Round

- **Latest round:** Round, $22M May 2026
- **Step-up i:** 93.1×
- **Investors:** 3

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2027

**$233K** Grant

**$22M** Round

- **First round:** Grant, $233K
- **Biggest round:** $22M
- **Between rounds:** 2 months

## The rounds

- **May 2026** Round **$22M** No investor was named in the report. Source recorded SEC filing: $1.0M sold, first sale Nov 2025
- **Mar 2026** Grant **$233K** *3 new* [Export Development Canada](https://millionrounds.com/fund/export-development-canada) [Investissement Quebec](https://millionrounds.com/fund/investissement-quebec-2) [National Research Council of Canada Industrial Research Assistance Program](https://millionrounds.com/fund/national-research-council-of-canada-industrial-research-assi) Source recorded SEC filing: $1.0M sold, first sale Nov 2025

## Founders and team

From Volatus Aerospace's own website: 23 on the team.

- **Glen Lynch** Chief Executive Officer
- **Dean Attridge** Vice President US Operations
- **Kristina Davis** Vice President of Corporate Affairs & Strategic Positioning
- **Luc Massé** Executive Vice President
- **Matthew Johnson** Vice President Drones in Education
- **Richard Nasmith** Senior Vice President Business Development
- **Ryan Phipps** Vice President of RPAS Operations
- **Steve Emerson** Vice President of Business Development & Sales
- **Abhinav Singhvi** Chief Financial Officer
- **Ben Ruszkowski** Chief Commercial Officer - O&G Programs
- **Greg Colacitti** Chief Operations Officer
- **Rob Walker** Chief Commercial Officer
- **Danielle Gagne** Head of Global Training Strategy & Business Development
- **Manan Attrey** Head of Financial Planning & Analysis
- **Catherine Loubier** Director
- **Ian McDougall** Director and Chairman
- **Ivan Monroy Ortiz** Manager, Operations and Engineering
- **Kevin Sherkin** Independent Director

And 5 more on the team.

Advisers *Andrew Leslie*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Grant** 2026 **Round** 2026 [Export Development Canada](https://millionrounds.com/fund/export-development-canada) [Investissement Quebec](https://millionrounds.com/fund/investissement-quebec-2) [National Research Council of Canada Industrial Research Assistance Program](https://millionrounds.com/fund/national-research-council-of-canada-industrial-research-assi)

## Everyone who backed them

[Export Development Canada](https://millionrounds.com/fund/export-development-canada) Government **1** round

[Investissement Quebec](https://millionrounds.com/fund/investissement-quebec-2) Investment firm **1** round

[National Research Council of Canada Industrial Research Assistance Program](https://millionrounds.com/fund/national-research-council-of-canada-industrial-research-assi) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=volatus-aerospace).

## Quick answers about Volatus Aerospace

### Who invested in Volatus Aerospace?

Volatus Aerospace's investors include Export Development Canada, Investissement Quebec and National Research Council of Canada Industrial Research Assistance Program.

### How much has Volatus Aerospace raised?

Volatus Aerospace has raised $22M across 2 rounds since 2026.

### When did Volatus Aerospace last raise?

Volatus Aerospace's most recent round was an Undisclosed round of $22M in May 2026.

### What was Volatus Aerospace's biggest round?

Its most recent round, $22M in May 2026, is also its largest on record.

### Who backed Volatus Aerospace first?

Volatus Aerospace's first round on record, in Mar 2026, was backed by Export Development Canada, Investissement Quebec and National Research Council of Canada Industrial Research Assistance Program.

### What stage is Volatus Aerospace at?

Volatus Aerospace's latest named round is an Undisclosed round, in May 2026.

### Where is Volatus Aerospace based?

Volatus Aerospace is based in Canada.

## Companies like Volatus Aerospace

In the same sector, and raised in the last eighteen months.

[**North Vector Dynamics** $20M · Oct 2026](https://millionrounds.com/company/north-vector-dynamics)[**Paar Autonomy** $2.6M · Oct 2026](https://millionrounds.com/company/paar-autonomy)[**Beyond Vision** $31M · Oct 2026](https://millionrounds.com/company/beyond-vision)[**Buntar Aerospace** $16M · Oct 2026](https://millionrounds.com/company/buntar-aerospace)[**Occam** $4.3M · Sept 2026](https://millionrounds.com/company/occam)[**M-Fly** Sept 2026](https://millionrounds.com/company/m-fly)

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