The Prairie Push - From The South Of France To Winkler, MB!
Peterson Capital president Greg Stumph and I will be continuing our “Push Across the Prairies” next week as we head to Saskatoon, Winnipeg and Winkler, MB.
Winkler??
Yep - just 115 km south-west of Winnipeg, population of just under 14,000, a gorgeous little place that is the 4th largest city in the province. Why not? We’ll be in Saskatoon on Tuesday, July 18th; in Winnipeg on Wednesday, July 19th and in Winkler on Thursday, July 20th.
We’ve invited Glen Lynch, CEO of Volatus Aerospace (VOL-V $0.26 Mkt Cap $30 million) to join us on this trip. If you’ll remember, Volatus was awarded the prize as Most Outstanding Presentation by a company at the Peterson Capital conference in the south of France last September. We thought it only fitting to invite Glen to Saskatoon - sometimes known as the “Paris of the Prairies” - and on to Winnipeg and Winkler from there.
Volatus CEO Glen Lynch & CFO Abhinav Singhvi with Peterson Capital president Greg Stumph
September 2022 Canada Growth Conference - France
Here are three more things You Should Know about why we’re taking Volatus on this Push Across the Prairies:
1. Drones are everywhere this summer - the $58 billion global drone industry is making headlines everywhere. Drones are a big weapon fighting forest fires across Canada. They’re used for precision spraying in agriculture. They monitor our nation’s pipelines. They’re heavily engaged today in Ukraine and on other military/defense fronts. Volatus is involved in all of these areas.
2. Volatus has a strong Prairie presence - including this educational partnership in Manitoba Research Manitoba Announces New Partnership with Volatus Aerospace in Preparing High School Students for Careers in STEM and Aviation through the SEAR Program - Research Manitoba with a similar one in Saskatchewan; agricultural imaging work for customers in Saskatchewan; Pilot training for University of Manitoba and Manitoba First Nations.
3. Volatus is a clear leader in the Canadian drone industry - Echelon Wealth Partners initiated coverage of Volatus in March of this year, with a $0.90 target price. The initial report included this observation:
“Our bullish outlook toward Volatus shares reflects the expectation of disciplined stewardship with a clear strategy focused on near-term commercial traction in equipment sales, data collection, and military defense while preparing for sustained market growth in these areas and as cargo delivery gains traction and expands the addressable market. The successful execution of 15 on-strategy acquisitions over the past 32 months has curated vertically integrated capabilities and formed key strategic partnerships while establishing a strong reach across the Americas as VOL gained marquee land-and-expand contracts across priority verticals.”
Let us know if we can connect with you or any colleagues on this Push Across the Prairies next week!
Thanks for your continued interest and support.
Rick Peterson (He/him)
Chair