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Glen Lynch

Chief Executive Officer, Volatus Aerospace Inc.

Search every verified Glen Lynch interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Glen Lynch, CEO of Volatus Aerospace, has recently discussed the company's progress on a Canadian defense contract for tactical ISR drone systems, noting an initial order for 100 units with options for up to 5,000 systems over five years. He described the award as validating the company's technology and manufacturing strategy, and he highlighted the formal inauguration of Volatus's 53,000-square-foot facility in Mirabel, Quebec, which began production earlier in the year. Lynch also spoke about a technical milestone for the company's V-Cortex autonomy operating system, which he said successfully demonstrated aircraft navigation without GPS or additional external sensors. In interviews, Lynch has addressed Canada's shift toward investing in its domestic defense industrial base, stating that the country has historically been a consumer of defense technologies rather than a capability partner. He mentioned that Volatus is pursuing opportunities beyond the defense drone initiative in areas such as public safety and critical infrastructure, and he emphasized the company's broader goal of building sovereign autonomous systems capability. Lynch also noted that he and the company's chairman hold significant insider stakes and have not sold shares, describing Volatus's approach as a long-term effort.

Recent appearances

Notable quotes

“The most important thing is really recognizing that Canada has moved from talking about sovereign drone capability to actually buying it. So the initial award is for 100 tactical ISR drones with a procurement pathway that allows the Canadian armed forces to acquire up to 5,000 systems over 5 years representing the maximum procurement envelope of 25 million. So for us the significance goes beyond the initial order. It”

“Volatus has a high percentage of insider holdings. Myself and our chairman are two of the biggest holders in the company, and neither one of us have ever sold a single share. That's because Volatus is, we're not in a sprint, we're in a marathon, and our strategies are carefully thought out.”

“Canada has been a consumer of defence technologies as opposed to a capability partner. And what's happening now is a shift towards investing in our defence industrial base, which also makes it more sustainable, right? We can't spend tens of billions of dollars outside of the country without building an industry within the country to recycle those investments and build on our own economy.”

“There's currently a valuation gap between trading at less than 13 times last 12 months revenue and our peer group which is trading at 90. Many of these companies are earlier in their commercial journey while already operates in diversified commercial platform with service revenue, equipment sales and intentional international operations.”

“Canada has basically issued this defense industrial strategy. It's about a week old right now. In that they've pledged $84 billion in defense and most importantly is not the presentation of the investment but also the allocation of those funds where they've prioritized autonomous systems for one thing as an example. Now, this creates a really interesting investment opportunity because as governments issue long-term d”

“People refer to it as a bit of a bubble. I don't see that at all. If you want to understand the reality of defense spending, you can pick up just about any publication, whether it's the Wall Street Journal, New York Times, the Globe and Mail in Canada, or any other publication, and you understand what's going on. Drones are the future and drones, autonomy, robotics, and all of the supply chain that goes with that, th”

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