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Volatus Aerospace Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Glen Lynch

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	no data
CEO ownership	n/a
Management average tenure	1.1yrs
Board average tenure	3.8yrs

Recent management updates

Recent updates

CEO

Glen Lynch (60 yo)

no data

Tenure

Mr. Glen Lynch is CEO & Director of Drone Delivery Canada Corp. from September 2024. He has been President, Chief Executive Officer and Director of Volatus Aerospace Corp (formerly, Partner Jet Corp) since...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Steve Magirias	President & COO	2.6yrs	CA$370.94k	no data
Glen Lynch	CEO & Director	no data	no data	no data
Mike McKeon	Chief Financial Officer	less than a year	no data	no data
Samira Firouzfar	Human Resources Manager	1.9yrs	no data	no data

1.1yrs

Average Tenure

Experienced Management: ABBA's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Glen Lynch	CEO & Director	no data	no data	no data
Kevin Sherkin	Independent Director	5.6yrs	CA$8.00k	0.0033% € 1.6k
Larry Taylor	Independent Director	3.8yrs	CA$20.00k	no data
Michael Zahra	Member of Advisory Board	2.6yrs	CA$479.85k	no data
Timothy Strauss	Member of Advisory Board	5.8yrs	no data	no data
Vijay Kanwar	Independent Director	5.3yrs	CA$8.00k	no data
Ian McDougall	Independent Chairman of the Board	no data	no data	no data
Nico Buchholz	Member of Advisory Board	3.8yrs	no data	no data
Nadine Miller	Member of Advisory Board	3.6yrs	no data	no data
Stan Kapashesit	Member of Advisory Board	5.9yrs	no data	no data
Andrew Leslie	Independent Director	no data	no data	no data

3.8yrs

Average Tenure

63yo

Average Age

Experienced Board: ABBA's board of directors are considered experienced (3.8 years average tenure).

This company is no longer active

Volatus Aerospace Management

Management criteria checks 1/4

Key information

Recent management updates

Drone Delivery Canada Corp., Annual General Meeting, Jul 30, 2024

Drone Delivery Canada Corp. Appoints Mike McKeon as the Chief Financial Officer, Effective May 30, 2024

Drone Delivery Canada Corp. Announces Resignation of Manish Arora as the Chief Financial Officer, Effective Effective May 30, 2024

Drone Delivery Canada Corp. Announces Resignation of Debbie Fisher from the Board of Directors, Effective December 31, 2023

High number of new directors

High number of new directors

Recent updates

Drone Delivery Canada's Common Voting Shares to be Delisted from the TSX Venture Exchange Inc., Effective Opening September 05

New major risk - Shareholder dilution

Drone Delivery Canada Corp. (TSXV:FLT) completed the acquisition of Volatus Aerospace Corp. (TSXV:VOL).

Drone Delivery Canada Corp. (TSXV:FLT) completed the acquisition of Volatus Aerospace Corp. (TSXV:VOL).

Second quarter 2024 earnings released: CA$0.007 loss per share (vs CA$0.012 loss in 2Q 2023)

Drone Delivery Canada Corp., Annual General Meeting, Jul 30, 2024

Drone Delivery Canada Corp. Appoints Mike McKeon as the Chief Financial Officer, Effective May 30, 2024

First quarter 2024 earnings released: CA$0.008 loss per share (vs CA$0.011 loss in 1Q 2023)

Drone Delivery Canada Corp. Announces Resignation of Manish Arora as the Chief Financial Officer, Effective Effective May 30, 2024

Full year 2023 earnings released: CA$0.044 loss per share (vs CA$0.06 loss in FY 2022)

Drone Delivery Canada Corp.(TSXV:FLT) dropped from S&P/TSX Venture Composite Index

Drone Delivery Canada Corp. Announces Its Dronecare Project, with Halton Healthcare Services Corporation Is Comically Operational

Drone Delivery Canada Corp. Receives Approval for BVLOS Flights and Dangerous Goods Transport on Its Drone Delivery Project from Transport Canada

Drone Delivery Canada Corp. Announces Resignation of Debbie Fisher from the Board of Directors, Effective December 31, 2023

Second quarter 2023 earnings released: CA$0.012 loss per share (vs CA$0.015 loss in 2Q 2022)

Drone Delivery Canada Receives Approval for BVLOS Flights and Dangerous Goods Transportation on Its Care by Air Commercial Project

First quarter 2023 earnings released: CA$0.011 loss per share (vs CA$0.016 loss in 1Q 2022)

Full year 2022 earnings released: CA$0.06 loss per share (vs CA$0.066 loss in FY 2021)

Drone Delivery Canada Corp. Provides Update on Condor Development and Successful Condor Test Flight

Third quarter 2022 earnings released: CA$0.017 loss per share (vs CA$0.015 loss in 3Q 2021)

High number of new directors

Drone Delivery Canada Provides Update on Successful Canary Drone Parachute Testing

Second quarter 2022 earnings released: CA$0.015 loss per share (vs CA$0.017 loss in 2Q 2021)

High number of new directors

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age