Volatus Aerospace accelerates investment in Simcoe County
20-25 new jobs coming to Lake Simcoe Regional Airport
From the County of Simcoe
One of the County’s newest employers is already taking flight, announcing new manufacturing contracts that reinforce its planned growth and job creation in Simcoe County. Volatus Aerospace, Inc., which in March 2021 announced it would be moving some of its operations to the Lake Simcoe Regional Airport (LSRA) employment lands, has formed an agreement to build up to 1,200 FIXAR VTOL drones at the LSRA manufacturing facility. This new agreement will reinforce the company’s investment in manufacturing space at the airport and lead to high-quality aerospace jobs in Simcoe County. Volatus will also be developing their other proprietary aircraft systems including the Velos and Vedette.
“We are thrilled that Volatus will be manufacturing these innovative drones right here in Simcoe County,” said Warden George Cornell. “When Council approved the proposal from Volatus Aerospace to move to the LSRA and create local jobs, we were excited about the possibilities. With this development, it brings many of those possibilities to fruition and advances our plans to make the LSRA a key driver of our regional economy.”
The Volatus Aerospace Centre of Excellence was brought to the LSRA earlier this year with support through the County’s LSRA Aerospace Development Fund approved by County Council. The initial investment by Volatus Aerospace was anticipated to generate 17-20 high paying jobs in the aerospace sector, helping to transform the LSRA into an economic and innovation hub, creating strong synergies and encouraging further sector/industry development while enhancing talent attraction to Simcoe County.
Volatus Aerospace has accelerated their plans to grow their company’s labour force in the County of Simcoe, bringing approximately 20-25 high paying jobs in the community.
“I am delighted to be joining Volatus Aerospace during such an exciting time,” stated Andy Buck, Vice President for Volatus Flight Systems. “I look forward to introducing our proprietary systems to the market and helping grow our reach internationally. It’s rewarding to see so much investment in my hometown.”