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SOAR does not currently pay a dividend.
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Volato Group, Inc. operates within the private aviation industry. The company offers a comprehensive range of services, including fractional aircraft ownership, professional aircraft management, jet card programs, flexible deposit schemes, and on-demand charter flights. As of December 31, 2023, its fleet consisted of 24 proprietary HondaJets, complemented by an additional 6 aircraft under management. Established in 2021, the firm is headquartered in Chamblee, Georgia.
Volato Group, Inc. (AMEX:SOAR), an AI software company, shares more than doubled Wednesday after signing a definitive agreement to merge with Alignment Engine, Inc., pivoting Volato toward AI infrastructure.
ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (NYSE American: SOAR) (“Volato” or the “Company”) today announced that it has entered into a definitive agreement to merge with Alignment Engine, Inc. (“Alignment Engine”), an AI infrastructure company, in a transaction valuing Alignment Engine at approximately $500 million. The transaction repositions Volato around advanced AI infrastructure, high-performance computing and data center development through Alignment Engine's powered industrial campus.
Enterprise Artificial Intelligence Deployment Expected to Enhance Customer Experience, Improve Operating Efficiency, and Increase Workforce Productivity Across Flight Operations Technology Strengthens Flyte's Scalable Regional Air Mobility Platform Through Intelligent Automation, Operational Excellence, and Long-Term Growth Initiatives FORT MILL, S.C., Aug. 04, 2026 (GLOBE NEWSWIRE) -- Catheter Precision, Inc. (NYSE American: VTAK) (“Catheter Precision” or the “Company”), through its wholly owned subsidiary Flyte, today announced that Flyte has become the inaugural enterprise customer of Volato AI (NYSE American: SOAR), a purpose-built enterprise artificial intelligence platform designed specifically for business aviation.
ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (NYSE American: SOAR) (“Volato” or the “Company”) today announced the commercial launch and first enterprise deployment of Volato AI, its purpose-built enterprise artificial intelligence platform for business aviation. Flyte, a technology-enabled regional air mobility company owned by Catheter Precision, Inc. (NYSE American: VTAK), will serve as the platform's inaugural enterprise customer. Volato remains principally focused on advancing its previous.
ATLANTA--(BUSINESS WIRE)--Volato Group, Inc. (NYSE American: SOAR) (the “Company”) today announced that Vaunt has successfully completed its first international member flight, marking the platform's expansion beyond the United States and establishing the foundation for future international growth. The inaugural flight, completed on July 12, carried Vaunt members from Florida to The Bahamas through one of the platform's participating air carriers. The milestone demonstrates Vaunt's ability to su.