Volatus Aerospace has signed an agreement to acquire two UK-based companies, UAVHub and The Drone Mentor, providing leading online video-based drone training and certification.
According to Volatus, this announcement is in line with the company’s objectives to continue expansion in drone training and provide bundled solutions to its client base to increase long-term relationships.
Founded in 2014, UAVHub is the highest rated drone training and certification company in the UK. UAVHub currently service the regulated drone pilot space by delivering UK Civil Aviation Authority approved online training, and have developed proprietary tools that help simplify regulatory compliance in this ever-evolving sector.
The Drone Mentor specializes in non-regulatory based training and support for the uncrewed sector, facilitating the advancement of personal, professional, and business development-the ‘second stage’ of the ‘drone journey’ which is often not considered when pilots first start out; ensuring individual success and ultimately, the longevity of the industry as a whole.
“As our customers become more sophisticated about aerial intelligence solutions, the skills required to meet their needs are expanding. Drone training is no longer just about getting a license-it is about demonstrating and proving competencies through standardized, regulated, and professional training,” said Glen Lynch, CEO of Volatus Aerospace Corp. “The addition of UAVHub and The Drone Mentor is a significant opportunity to not only standardize Volatus drone training across its geographies but make training accessible to all current and potential drone pilots, thereby strengthening our offerings, increasing gross margins and adding strategic long-term revenue.”
“This acquisition by Volatus Aerospace marks the start of an exciting new chapter for UAVHub,” added Matt Williams, CEO and Founder of UAVHub. “We’ve always been passionate about pushing the boundaries in drone training and certification, and joining forces with Volatus will allow us to take this mission to the next level. Our shared vision for innovation and excellence in aviation training is a perfect match. I can’t wait to see how our combined expertise will drive the industry forward, creating new opportunities for our students and the wider aviation community. This partnership is not just a milestone for UAVHub but a leap forward for drone education and flight safety, globally.”
The acquisition of UAVHub and The Drone Mentor is anticipated to close on January 2nd, 2024. Under the terms of the agreement, the total purchase price is £150,000.
