News Hub | News Direct

Real Estate

Commercial Home Building Property Management REIT Real Estate Residential
Article thumbnail News Release

Node Breaks Ground on its First Large Scale Flexible Accommodation Project in Madrid

NODE

Global alternative residential and coliving asset manager Node has broken ground on its first large scale 827 bed purpose built community in Alcobendas, Madrid. The project is being built in conjunction with development partner Momentum REIM and is part of a 4,000+ bed, €500 million+ purpose built rollout program in Spain. All communities will be operated under the Node brand and this represents Node’s 11th project in Spain, with three other large scale projects soon to break ground in Madrid, Barcelona and Bilbao. IMAGERY - https://we.tl/t-W3APRYZQht Node is pioneering the concept of curated living, a next generation, high density, flexible urban rental community that offers efficiently designed furnished accommodation for an all inclusive price with utilities and wifi included. Amenities include a variety of residents' lounges, rooftop terraces, wellness centre, gym, padel tennis, swimming pool and coworking spaces to cater for the increasing needs and tastes of young professionals. Members can join a unique global community with Node locations across North America and Europe and participate in curated events. Node partnered with award winning firm DesignAgency on the concept and interior design. “We are delighted to break ground and execute on our scale ambitions for Spain. We hope this best in class project will set the bar for the industry in terms of quality, amenity, service offerings and design. It builds on our more than 10 year experience in the Spanish market,” said Esteve Almirall, Partner and Head of Iberia at Node”. “We are passionate about taking best practices and ideas from Nodes around the world and bringing them to this unique Madrid project with scale. This project is proof of the strong demand from both Gen-Z end users and institutional capital. We are excited to see our 8,000 bed global pipeline become a reality.” said Anil Khera, Founder & CEO of Node. About Node Node is a global asset management company that invests, develops and manages high density urban rental communities in creative capital cities around the world. Our mission is to create the next generation of urban living with affordable, design-led and community focused residences that meet the growing needs of urban renters. Node residences are in cities throughout North America and Europe. For more information, please visit: www.node-living.com Instagram: node.living Facebook: @nodelivingglobal LinkedIn: node. Contact Details Nia Thomas +44 7723 019767 Nia@niapr.com

June 21, 2022 04:00 AM Eastern Daylight Time

Article thumbnail News Release

Volatus Aerospace Introduces AERIEPORT, an Autonomous Remote Drone Nesting Station

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") proudly introduces its autonomous remote drone nesting solution AERIEPORT at the Annual Energy Drone & Robotics Summit in Houston, Texas. The AERIEPORT is an all-weather solution designed to operate remotely in extreme temperatures ranging from -67°F to +131°F. It features an onboard weather station, a 4 SIM, 5G, highspeed LTE connection with Satcom option, an integrated ground-based detect and avoid system, a mission planner and remote operations system. “The AERIEPORT is designed to facilitate remote missions from anywhere in the world at any time,” says Pedram Nowroozi, Chief Technology Officer of Volatus Aerospace. “It is a versatile, all-weather, remote system able to operate in any climate and completely off-grid if needed.” Rob Walker, Chief Operating Officer commented: “We’re super excited about the potential of the AERIEPORT for customers in agriculture, security, renewable energy, oil and gas, mining, and construction to name a few.” The AERIEPORT is designed to be drone agnostic. Volatus is currently seeking special approval from regulators to operate the AERIEPORT without the need for a visual observer. While there is no guarantee of such approval, the company has a high level of confidence. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statement This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

June 20, 2022 05:09 PM Eastern Daylight Time

Video
Article thumbnail News Release

Storm Smart Acquires Steadfast Inc.

Rotunda Capital Partners LLC

Storm Smart, a Rotunda Capital Partners portfolio company and one of the largest storm-protection and lifestyle-enhancement companies in Florida, has acquired Steadfast Inc., the leading hurricane screen and shutter supplier in Palm Beach County. The transaction strengthens the combined businesses’ presence across Florida. Headquartered in Fort Myers, Florida, Storm Smart provides homeowners and businesses with innovative hurricane protection and lifestyle improvement solutions, professional installations, and exceptional customer service. Since their start in 1996, the company has helped more than 90,000 homeowners increase the value of their property by making their homes both safer from storms and more energy efficient. "This acquisition establishes a base from which to expand our service offerings throughout Southeast Florida and aligns with our commitment to protecting our communities through our products, people and services," said Scot Burris, CEO of Storm Smart. "Steadfast has built an excellent reputation and team that we are excited to have join the Storm Smart family and our One Team culture. We believe that engaged team members equate to engaged and delighted customers.” “Our team is excited to strengthen the existing relationship with Storm Smart and for the growth potential this combination unlocks”, said Rene Rayner, Steadfast Vice President. “This partnership will enhance our ability to provide our customers with the highest levels of customer service.” About Storm Smart Storm Smart's innovative and industry-leading solutions have led to the company becoming the largest manufacturer and installer of code-approved hurricane protection products in Florida, with over 90,000 customers in Florida, the Caribbean and Mexico since opening its doors in Fort Myers in 1996. The company has a long list of accomplishments, including being named 2021 Manufacturer of the Year by Lee County Economic Development, Horizon Council and the Horizon Foundation. Storm Smart is headquartered in Fort Myers and has three manufacturing facilities in Lee County. The company also has two showrooms in Southwest Florida, located at 2351 Crystal Drive, Ste 101 in Fort Myers, and in Naples at 2400 Vanderbilt Beach Road, Unit 102, and will be adding a new showroom in North Port late Summer 2022. For more information, visit https://stormsmart.com. About Rotunda Capital Partners Rotunda Capital Partners is an operationally oriented private equity firm focused on transforming family-founder owned companies into dynamic, data-driven platforms able to achieve and manage significant growth. Since its founding in 2009, Rotunda has partnered with management teams to build great businesses within three primary sectors: value-added distribution, asset-light logistics and industrial & business services. Rotunda strives to achieve replicable results by implementing its Rotunda Performance System to create strategic alignment, develop lean processes and create robust, data-driven infrastructures. For more information, visit www.rotundacapital.com. Contact Details Jill Lafferty +1 847-280-1295 jill@rotundacapital.com Company Website https://www.rotundacapital.com

June 08, 2022 09:15 AM Eastern Daylight Time

Article thumbnail News Release

Volatus Aerospace expands Latin American presence through Joint Venture

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") announces a joint venture with EOLO Drones S.A.C. ("EOLO") signed on June 2, 2022. The business will be called Volatus Aerospace LATAM and will expand Volatus' commercial operations in Latin America. Under the terms of the agreement, which includes commercial activities for both civil and governmental entities, Volatus Aerospace holds 75% equity, with EOLO holding the remaining 25%. “Latin America is a vast, emerging market with exciting opportunities for drones in sectors such as mining, infrastructure, renewable energy, and agriculture,” said Luc Masse, Executive Vice President of Volatus. “Success in this region requires an understanding of language, culture, and local legislation. Volatus Aerospace LATAM will represent our brand throughout South America and execute our expansion using a strategy adapted specifically to these markets.” "Canada’s largest defence and security trade show, CANSEC, was a tremendous success for Volatus. Given the number of international delegations, it seemed appropriate to sign our joint venture with EOLO at the conference," said Glen Lynch, Volatus CEO. "Our business has expanded in Latin America, and it’s an important market for us. We are looking forward to attending Peru's inaugural drone conference this year, and I'm grateful for the personal invitation we received from Lieutenant-General Carlos Chávez Cateriano, Chief of Staff for the Peruvian Air Force." Bruno Leoni, CEO of EOLO, stated: "I am proud that we have elevated our partnership to expand our services and products across Latin America. We look forward to identifying opportunities in the market and leading the expansion. I would like to thank Volatus for making us welcome at CANSEC and choosing us to be their South American partners." About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statement This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Volatus Aerospace Corp. Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

June 08, 2022 07:46 AM Eastern Daylight Time

Video
Article thumbnail News Release

LEE & ASSOCIATES GROWS SOUTHERN CALIFORNIA PRESENCE WITH DOWNTOWN LOS ANGELES EXPANSION

Lee & Associates Los Angeles - Downtown

Lee & Associates, the largest broker-owned commercial real estate firm in North America, announces the opening of a new office in Downtown Los Angeles. The office will specialize in industrial, office, and investment brokerage, with plans to strategically recruit teams that will grow their capabilities in multifamily and retail. Lee & Associates Los Angeles - Downtown will be led by Jack R. Cline, Jr. as President. The team consists of thirteen brokerage professionals, including Doug Cline, Tony Naples, Evan Jurgensen, Matt Eddy, Miles Solomon, Loren Kaplan, Everett Phillips, Mattison Behr, David Cox, Sam Rinkov, and Allan Roman. In addition to their transactional agents, the team will also include Madeline Segura, Andy Baquerizo, Maggie Kusumawathy, Ebe Puyolt, and Lori Thor. “The Lee & Associates office opening in Downtown Los Angeles marks yet another noteworthy and strategic expansion. Downtown LA, and the surrounding area, represent one of the most vibrant, multi-discipline markets in North America,” said Lee & Associates CEO, Jeffrey Rinkov. “This office and its leadership are the product of many contributions by some of the most talented people in our company. This office represents a huge enterprise-wide win for Lee & Associates. I am very enthusiastic about the growth potential of this office and the collaboration that will take place with our offices in the region and beyond.” Cline has 39 years of experience, 26 of which he has spent at Lee & Associates. In 1996, he co-founded the Lee & Associates office in the City of Commerce and co-managed the office for 5 years, overseeing the office’s growth from a startup to a market leader in terms of transaction volume, number of brokers, and square feet listed. “I'm excited as this new venture represents an outstanding opportunity for Lee & Associates and our agents. Los Angeles commercial real estate is converging and creating crossover opportunities for industrial, experiential, media production, logistics, creative office, retail, and multifamily properties. Our brokers witness the convergence of art, media, and creativity daily as we uncover opportunities building by building, street by street, and value creation. This unique market area allows entrepreneurial brokers to assist clients with their real estate decisions,” said Cline. The 5,000-square-foot Lee & Associates Los Angeles - Downtown office will be located at 1201 North Main Street. As the office expands, they have negotiated the option to take additional, adjacent square footage totaling 7,500-square-feet. Lee & Associates has established an emphasis on expansion over the last five years; new office locations include San Francisco, CA; Omaha, NE; Naples, FL; Washington, DC; Boston, MA; Toronto, ON; Cincinnati, OH; Raleigh, NC; Miami, FL; and Seattle, WA. ABOUT LEE & ASSOCIATES Lee & Associates offers an array of real estate services tailored to meet the needs of the company’s clients, including commercial real estate brokerage, integrated services, and construction services. Established in 1979, Lee & Associates is now an international firm with offices throughout North America. Our professionals regularly collaborate to make sure they are providing their clients with the most advanced, up-to-date market technology and information. For the latest news from Lee & Associates, visit lee-associates.com or follow us on Facebook, LinkedIn, Twitter and Link, our company blog. Contact Details Lee & Associates Pamela Murphy Indihar +1 832-315-0219 pmurphy@lee-associates.com The Hoyt Organization Cinnamon Thompson +1 310-373-0103 cthompson@hoytorg.com

June 06, 2022 10:00 AM Pacific Daylight Time

Image
Article thumbnail News Release

PCMA Private Client to Present At IMN’s Annual Non-QM Forum

PCMA

PCMA, the pioneer and leading voice in Non-Bank Private Client Lending, will be presenting at IMN’s Annual Non-QM Forum addressing the rise in interest rates and the super jumbo market. CEO and Founder of PCMA, John R. Lynch, will be speaking on the “ C-Level Origination Panel” addressing how to build a profitable credit business in a rising rates environment; and the “Super Jumbo Non-QM” panel addressing the growing Private Client lending market; the importance of differentiation in the Non-Agency credit market; and other key trends impacting enterprise originations. “The private credit markets are becoming more and more enticing to PLS investors as rates rise and mortgage companies look to diversify their business opportunities,” said John Lynch, CEO and Founder of PCMA. “I am looking forward to discussing the amazing opportunities in the Private Client space as well as professional insights into how the industry can begin to arbitrage segment of the market that has been ignored for over a decade.” John R. Lynch will contribute to the discussion on “ NonQM Super Jumbo ” panel alongside fellow industry expert panelists: Eric Mitchell, Executive Vice President at Gold Star Mortgage Financial Group; Suzette Lipscomb, President & CEO at LBS; and Richard Bradfield, CEO at Arc Home LCC. Following the Super Jumbo panel, Mr. Lynch will participate in the “ C-Level Origination ” panel alongside fellow industry expert panelists; Bose Gorge, Managing Director at Keefe, Bruyette & Woods’; Keith Lind, Executive Chairman & President at Acra Lending; Jason Biegel, COO at Change Lending; Aaron Samples, CEO at FGMC. “Very few companies truly understand the complex needs of High-Net-Worth Estates, along with the historical struggles in securing mortgage financing over as well as PCMA does,” said Lynch. “PCMA will continue to lead the way in innovative credit strategies for high-capacity estates; giving Private Clients optionality and flexibility they require and deserve.” About PCMA PCMA is a vertically integrated Asset Origination and Convexity Management firm that specializes in Structured, Super Prime, Non-Agency, Private Client Credit. With its captive origination unit, PCMA has become the leading Non-Bank Private Client Lender in the U.S. What began as a linear venture has morphed into a vertical organization and industry leading incubator of ideas pushing the boundaries of innovation in high-capacity financial services. PCMA offers qualified individuals and institutions bespoke lending and advisory services across all major credit, and residential asset classes. PCMA is headquartered in Orange County, CA. Additional information is available at www.pcma.partners & www.pcma.us.com Forward-Looking Statements This release may contain “forward-looking statements,” which reflect the Company’s current views with respect to, among other things, its operations and financial performance. You can identify these statements by the use of words such as “outlook,” “anticipation”, “potential,” “continue,” “may,” “seek,” “approximately,” “predict,” “believe,” “expect,” “plan,” “intend,” “estimate”, “preparing” and similar expressions or the negative versions of these words or comparable words, as well as future or conditional verbs such as “will,” “should,” “would” and “could.” These forward-looking statements are based on current available operating, financial, economic and other information, and are not guarantees of future performance and are subject to risks, uncertainties and assumptions which are difficult to predict. Therefore, current plans, anticipated actions, financial results, as well as the anticipated development of the industry, may differ materially from what is expressed or forecasted in any forward-looking statement. The Company does not undertake any obligation to publicly update or revise any forward-looking statement to reflect future events or circumstances, except as required by applicable law. Contact Details PCMA Private Client Jason Jepson +1 949-394-7033 jason.jepson@pcma.us.com Company Website https://pcma.partners

June 01, 2022 09:00 AM Eastern Daylight Time

Article thumbnail News Release

Marcela Sapone at the 2022 Leading Entrepreneurs of the World Conference

1BusinessWorld

Marcela Sapone, the Co-Founder and CEO of Alfred, joins the 2022 Leading Entrepreneurs of the World Conference to talk about the future of residential living! At Alfred, Marcela and her team believe in a more sustainable and conscientious way of living. Launched in 2015, Alfred, the leading resident experience and building management platform, operates in 44 cities across 2 countries, supporting over 250,000 residents and counting. Register to attend the 2022 LEW Conference to watch Marcela's live session and to connect with her at the event: https://events.zoom.us/e/view/_LwgIoXQQL2gA_LMBaozZA All news and content distribution in partnership with News Direct. About Alfred Alfred is the leading resident experience and building management platform that is changing the way we live. Through tech-enabled resident services and community engagement offerings, Alfred builds intuitive support and personalized experiences into the most important space in our lives: our homes. Alfred is currently available in 44 cities across the U.S. and Canada. Operating at the intersection of real estate, hospitality, and technology, Alfred embraces a diversity of experiences and perspectives in order to bring about meaningful change for how we live together. Alfred About Leading Entrepreneurs of the World As part of 1BusinessWorld, Leading Entrepreneurs of the World is one of the largest and most comprehensive entrepreneurial platforms and events in the world and features entrepreneurs, founders and business leaders presenting on cutting-edge topics and the latest industry developments. Leading Entrepreneurs of the World About 1BusinessWorld 1BusinessWorld is a global business ecosystem, network and marketplace that provides entrepreneurs, business owners and professionals with the information, tools, resources and connectivity needed to succeed throughout their company’s growth journey, toward a better business world. Our vision is based on the reality that we live, work and do business in one global interconnected business environment, and hence our motto: “One World, One Business World”. Our mission is to encourage and support global communication and collaboration among entrepreneurs, professionals, and businesses. 1BusinessWorld Contact Details Media Enquiries +1 212-220-6677 info@1businessworld.com Company Website https://1businessworld.com

May 31, 2022 05:05 PM Eastern Daylight Time

Image
Article thumbnail News Release

CORRECTING and REPLACING Volatus Aerospace Corp. Announces Record First Quarter 2022 Sales

Volatus Aerospace Corp.

The headline of the release dated May 26, 2022 has been updated to read "Volatus Aerospace Corp. Announces Record First Quarter 2022 Sales" sted "Volatus Aerospace Corp. Announces Record First Quarter Annual Sales" The updated release reads: Volatus Aerospace Corp. Announces Record First Quarter 2022 Sales Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company"), is pleased to announce record sales for the first quarter of 2022. The growth was driven by sales of products and solutions. Key Financial Highlights: Revenue for Q1 2022 was $4,807,829, an increase of 64% over the previous quarter and a sixteen-fold increase over the year-on-year quarter of 2021. The revenue was driven predominantly by organic growth across Canada, the USA, Latin America, and some parts of Europe. The drone services and training segment are lowest in the first quarter due to seasonality. Gross profit for Q1 2022 was $1,092,840 an increase of $930,748 over the same period in 2021. The increase in gross profit is due to scaling in product and service activities. Volatus recorded a comprehensive loss of $1,774,397 compared to a comprehensive loss of $1,328,628 in the previous quarter. This was due to increased investment in human resources and expansion activities. Operational Highlights: The Company achieved significant milestones in the first quarter of 2022, namely: Volatus scaled its activities in the United States and the United Kingdom, hiring key people in the public safety and defense sectors. As a result of the Russian invasion of Ukraine, the demand for defense related drones has significantly increased globally. The Company accelerated its plans to expand in Europe and nearby regions and is promoting its capabilities to provide ISR (Intelligence, Surveillance, Reconnaissance) and humanitarian cargo drone solutions. The Company is actively supporting non-government organizations (NGOs) including Mriya Aid and Second Front Ukraine in their efforts to support Ukraine. Volatus has entered numerous strategic partnerships with North American and European UAS manufacturers having unique capabilities in different sectors - providing a portfolio of technologies for it to commercialize and present as integrated solutions to its clients in the commercial, public safety and defense sectors. These technologies have been “Vetted by Volatus” – a program whereby a team of subject matter experts from Volatus perform due diligence on the technology and certify that it is ready for commercialization. The Company made a strategic move with the acquisition of MVT Geo Solutions Inc. on February 28, 2022. This acquisition enhanced Volatus' service and data processing capabilities in the province of Quebec and Eastern Canada. Volatus will integrate the operations of MVT to provide data insights and scale its LiDAR expertise across Canada. As part of creating a drone community, Volatus introduced Drone Network News available here. This communication channel was developed to inform various stakeholders in the industry, enable sharing of knowledge and informed decision making and increase the awareness and market exposure of Volatus as an industry expert. This channel highlights all the key developments in the drone industry across the globe through articles, discussions, and podcasts with key industry leaders. “Drones are the future and Volatus is the future of drones,” said Glen Lynch, President and CEO of Volatus. “During the quarter we have made considerable investments in equipment, inventory, sales personnel, and marketing in preparation for continued strong expansion during the remainder of 2022. We are committed to building the global drone company and running it sustainably.” The condensed consolidated interim financial statements for the three months ended March 31, 2022, and associated management discussion and analysis, are made available under the Company's profile on SEDAR at www.sedar.com Webinar In conjunction with this release, Volatus investor relations Kate McKenna will host a webinar on Tuesday, May 31 st at 11:00 AM EST at which time Glen Lynch, Chief Executive Officer, and Abhinav Singhvi, Chief Financial Officer, will review the quarterly results and major milestones. Investors are invited to join the webinar here Or One tap mobile: US: +13126266799,,82780365304# or +13462487799,,82780365304# Or Telephone: Dial(for higher quality, dial a number based on your current location): US: +1 312 626 6799 or +1 346 248 7799 or +1 646 558 8656 or +1 720 707 2699 or +1 253 215 8782 or +1 301 715 8592 Webinar ID: 827 8036 5304 International numbers available here. Audio Replay Options An audio replay of the event will be archived on the Investor Relations page of the company's website here About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statement This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

May 26, 2022 05:32 PM Eastern Daylight Time

Image
Article thumbnail News Release

What Happens After Closing: Everything Homeowners Need to Know About Maintaining Their Homes

YourUpdateTV

The last two years have seen a record-high surge in people seeking their first homes, with first-time homebuyers making up more than a third (34%) of all home buyers in the last 12 months, according to the National Association of Realtors. However, house hunting, down payments and closing costs are just the beginning of the journey. Recently, David Steckel, Home Expert at Thumbtack, participated in a nationwide satellite media tour to discuss taking a proactive approach to home maintenance. A video accompanying this announcement is available at: https://youtu.be/K18fnH0kpps According to a recent survey from Thumbtack, the app used by millions of homeowners, 68% of homeowners report feeling overwhelmed, confused or stressed about maintaining their homes (and this increases to 80% for millennial homeowners). To most, maintaining a home can feel like having a second job, yet one-third of homeowners are unsure where to begin when it comes to maintaining it. This is why Thumbtack is launching a new home care experience to build a long-term partnership with homeowners in the continuous care of their largest asset. The new home care experience not only gives homeowners peace of mind, but also step-by-step, personalized guidance to maintain their most valuable asset – their home. Through Thumbtack, homeowners can create a free seasonal maintenance guide that’s personalized to their home and location, with the ability to book a pro in seconds through their on-demand booking feature. And through their new membership offering, homeowners can get 1:1 support from home specialists, discounts on on-demand bookings, and much more – all for just $49/year. According to Thumbtack, the average cost of home maintenance increased by 8.2% — amounting to an annual maintenance budget of roughly $5,000. Yet, 79% of homeowners are under budgeting for essential home maintenance. And this investment pays off, new data from Thumbtack and OJO shows that a well maintained home sells for 10% more, increasing a home’s value by ~$44,000 nationally. For more information, homeowners can download the Thumbtack app (available on iOS and Android) or go to Thumbtack.com About David Steckel David Steckel is a Home Expert at Thumbtack, with 15 years of experience as a general contractor in the home building industry. At Thumbtack, he provides homeowners with the guidance they need to better plan, budget, and complete home repair, maintenance and improvement projects. As a licensed general contractor, David has experience in custom home building as well as residential and commercial building maintenance. Prior to his role at Thumbtack, David founded Setter, a subscription-based home maintenance and repair service which was acquired by Thumbtack. About Thumbtack Thumbtack is a technology leader building the modern home management platform. Through the Thumbtack app, homeowners can effortlessly manage their homes — confidently knowing what to do, when to do it, and who to hire. Bringing the $500 billion home services industry online, Thumbtack empowers millions of homeowners to fix, maintain, and improve their most valuable asset. The company is backed by Sequoia Capital, Tiger Global Management, Javelin Venture Partners, Baillie Gifford, and CapitalG, among others. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

May 25, 2022 01:00 PM Eastern Daylight Time

Video
1 ... 3738394041 ... 54