🔴 Volatus Aerospace is trading 12.28% down today after delayed defence contract drove revenue miss

Volatus Aerospace is trading 12.28% down at $0.50 after Q2 2026 revenue missed consensus and adjusted EBITDA loss widened to $(4.35) million.

• Revenue was $8.419 million, 25.72% below consensus; management blamed a delayed $2.6 million defence contract on continued supply-chain disruption.
• Gross margin fell to 29.3% from 31.9%, while cash reached a record $59.2 million.
• EPS met expectations at $(0.01); investors focused on delayed deliveries and increased growth-related expenses; reaction appeared company-specific rather than market-driven.