What Volato does

Volato Group, Inc. (NYSE American: SOAR) is a publicly traded aviation technology and private aviation company headquartered in Atlanta, Georgia. The company operates across three primary business lines: (1) Volato AI, a SaaS platform built on its proprietary Parslee AI technology that deploys aviation-specific autonomous agents to automate charter sales quoting, scheduling and dispatch, 24/7 customer service, maintenance operations, and revenue optimization for charter operators, fractional operators, and aircraft management firms; (2) Vaunt, a membership-based experiential private aviation platform offering Core and Cabin Plus tiers ($2,995-$29,500 annually) that connects high-net-worth individuals to empty-leg flights through a third-party operator network, reaching approximately $4M ARR as of May 2026 with 221% YoY growth; and (3) Gulf Coast Aviation, a Houston-based aircraft management subsidiary acquired in March 2022 that provides charter fleet access and operational bases across the U.S.

The company's revenue model combines recurring SaaS subscriptions (Volato AI and Vaunt memberships) with managed aircraft services and charter utilization revenue. For 2025, Volato issued full-year revenue guidance of $78-79M with net income guidance of $6-8M, reporting its third consecutive quarter of profitability in Q3 2025 ($7.1M net income). All flights are operated by approved vendor air carriers rather than Volato directly, keeping the company asset-light on the consumer side while maintaining aircraft management exposure through Gulf Coast Aviation.

Strategically, Volato is in a major transition. In July 2025, it announced a reverse triangular merger with M2i Global, a critical minerals supply chain developer, under which M2i shareholders will own approximately 85-90% of the combined entity, positioning the combined company in the U.S. critical minerals market (~$320B+ annually). Shareholder approvals were secured in April-May 2026. Concurrently, the company is pursuing an AI infrastructure pivot, having received unsolicited LOIs for AI infrastructure transactions, and in June 2026, Catheter Precision's subsidiary Flyte acquired a 7.5% ownership stake ($2.2M PIPE financing) to become Volato's largest shareholder while also joining the Vaunt operator network with its Cirrus Vision Jet fleet. The company operates with 11-50 employees and regained NYSE American listing compliance in December 2025 after a prior non-compliance notice related to stockholders' deficit.

Name

Volato

Legal name

Volato, Inc.

Website

https://volatoai.com/

Company type

Public

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Volato Group (NYSE American: SOAR) is an aviation technology company operating Volato AI SaaS for aviation operators, the Vaunt private aviation membership platform, and Gulf Coast Aviation aircraft management, while pursuing a reverse merger with M2i Global to enter critical minerals.

Ownership category

akta.pro rank

Product category

Aviation Operations Software

akta.pro primary industry

End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management) (HDAEANAA)

akta.pro secondary industries

Routing, Optimization & Dispatch Engines (BPAMANAI), Robotic Process Automation (RPA) & Hyperautomation Platforms (HDAEAKAF), AI & Automation in Customer Service (Chatbots, Agent Assist) (EDABACAO)

Keywords

• Aviation software
• Private aviation
• AI workflow automation
• Aircraft management
• Membership platform

Headquarters

HQ city

Chamblee

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. SaaS/Software Subscriptions for Aviation Operators: Volato AI generates recurring subscription revenue by selling its autonomous-work platform and aviation-specific AI solutions to charter operators, aircraft management companies, and other aviation businesses seeking operational efficiency improvements. The platform addresses charter sales, scheduling, customer service, maintenance, and revenue optimization.
2. Vaunt Membership Subscriptions: Vaunt generates recurring membership revenue from affluent consumers seeking private aviation access. The platform offers Core and Cabin Plus membership tiers, providing access to empty-leg flights at premier destinations with no per-flight fees. ARR grew 221% year-over-year to $4 million as of May 2026.
3. Aircraft Management Services: Following the Gulf Coast Aviation acquisition, Volato provides aircraft management services including charter fleet access and operational bases, generating revenue through management fees and charter utilization.
4. Strategic Investment Capital: Volato receives equity investment capital from strategic partners like Catheter Precision/Flyte ($2.2M PIPE in June 2026) to fund AI acquisitions and technology development, with investment structured as common stock issuance.
5. Merger and Acquisition Activity: Pending merger with M2i Global will expand into critical minerals supply chain, with M2i shareholders expected to receive approximately 85-90% ownership of combined entity. The transaction positions Volato in the U.S. critical minerals market estimated at $320+ billion annually.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Volato develops AI-powered operational software for aviation operators, built on its Parslee AI autonomous-work platform. The software automates charter sales quoting, scheduling and dispatch, 24/7 customer service, maintenance operations, and revenue optimization for charter, fractional, and aircraft management companies. Through its Vaunt subsidiary, Volato also operates a membership-based private aviation platform connecting high-net-worth consumers to empty-leg flights via a third-party operator network.

Product overview

Volato operates a multi-product portfolio centered on aviation technology: the core Volato AI platform (built on Parslee) provides autonomous AI agents and process automation for aviation operators covering charter sales, scheduling/dispatch, customer service, maintenance, and revenue optimization; Vaunt is a membership-based private aviation platform offering empty-leg flights at flat membership rates with no per-flight fees; and Parslee serves as the underlying autonomous work platform. The company is also developing Volato AI for broader aviation industry use. All flights are operated by approved vendor air carriers, not by Volato directly.

Differentiator

Problem solved

Functional benefit

Brands

• Vaunt: Luxury private aviation membership platform making private jet travel accessible through empty-leg flights with a flat membership and no per-flight fees.
• Parslee
• Volato AI

Quantifiable outcome

• Quotes generated in minutes rather than hours, enabling operators to win trips while requests are still warm
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature9 records

Partnerships

Ten partnerships are on record, tiered minor and core.

• Aurica TokenizationminorStrategic or Co-development Partner · 1 June 2026M2i Global and Volato Group announced a Letter of Intent with Aurica Tokenization to partner on gold tokenization, expanding to additional strategic minerals including copper, silver, zinc, tin, lead, and rare earths. M2i receives the right to acquire up to 30% of Aurica for $20 million. Aurica projects gold processing ramping from $40 million in month one to $80 million per month by month 17.
• Regenerate Technology GlobalminorStrategic or Co-development Partner · 20 April 2026Volato Group and M2i Global entered a strategic partnership with Regenerate Technology Global to bring battery recycling technologies to the U.S., including plans to construct domestic battery recycling facilities. Regenerate uses patented hydrometallurgical processes claiming 90% waste reduction, 85% lower emissions, and 20% cost savings compared to conventional methods.
• flyExclusive, Inc.minorOthers · 10 March 2026Volato monetized $1.3 million in legacy intellectual property assets through a sale to flyExclusive. The assets relate to earlier technology initiatives and are not part of Volato's current operations.
• SMX (Security Matters) PLCminorStrategic or Co-development Partner · 19 February 2026M2i Global, along with Volato Group, entered a 12-month Strategic Collaboration Agreement with SMX to launch a pilot initiative for critical minerals traceability. The pilot demonstrates end-to-end traceability and custody assurance for allied-source mineral shipments from Western Australia to the U.S., using M2i's CAINO digital backbone and Metals Marketplace with SMX's physical tagging and tamper-evident controls.
• Titanium XminorStrategic or Co-development Partner · 7 January 2026M2i Global and Volato announced strategic collaboration with Titanium X to advance critical mineral assets and strengthen U.S. domestic supply chains. Initial focus is on upgrading ilmenite from mineral sand deposits in Western Australia, with exclusive supply agreement for titanium concentrate under discussion.
• Next-Gen Energy TechnologyminorStrategic or Co-development Partner · 16 December 2025M2i Global, Volato Group, and Next-Gen Energy Technology are collaborating to build a lithium cathode materials manufacturing plant in Australia, targeting commissioning by Q2 2027 with full-scale production by 2028. The project supports the U.S.-Australia Critical Minerals Framework to secure supply chains and reduce geopolitical dependencies.
• M2i Global, Inc.coreStrategic or Co-development PartnerVolato Group is merging with M2i Global through a reverse triangular merger, with M2i becoming a wholly owned subsidiary. M2i shareholders will receive approximately 85-90% ownership of the combined entity. The merger positions the combined company in the U.S. critical minerals market (estimated $320+ billion annually), combining Volato's aviation technology and software with M2i's critical minerals supply chain platform.
• Coastal SeaplanesminorChannel Partner/ Reseller/ DistributorCoastal Seaplanes joined the Vaunt operator network as a new partner, expanding flight options to include seaplane excursions and increasing Vaunt's coverage across the operator network.
• Axiom Aviation GroupminorChannel Partner/ Reseller/ DistributorAxiom Aviation Group joined the Vaunt operator network ahead of NBAA-BACE 2025, expanding cross-country jet services and member engagement across Vaunt's growing operator network.
• Gulf Coast AviationcoreOthersVolato acquired Gulf Coast Aviation, a Houston-based aircraft management company, to expand its share of the North American business aviation market. The deal retained Gulf Coast Aviation's staff and enhanced Volato's service offerings, including access to a larger charter fleet and new operational bases across the U.S.

Scale indicators18 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• flyExclusive: Direct competitor to Volato's Vaunt platform — flyExclusive operates a membership-based private jet program with fractional ownership and jet card offerings targeting the same affluent consumer segment. Most directly comparable peer for the Vaunt membership business.
• Wheels Up Experience: Direct competitor in private aviation membership — Wheels Up offers tiered membership programs (Connect, Core, Business) with access to a charter fleet, directly comparable to Vaunt's Core and Cabin Plus tiers. Same target market and business model.
• Surf Air Mobility: Direct competitor in private aviation membership — Surf Air offers subscription-based private air travel with a tech-forward platform approach, similar to Vaunt's digital-first member experience. Comparable in targeting affluent consumers seeking flexible private aviation access.
• Blade Air Mobility: Direct competitor in private aviation and urban air mobility — Blade offers per-seat charter and membership models for short-distance private flights, with a strong digital platform presence similar to Vaunt's app-based booking. Comparable in mission to make private aviation accessible.
• FL3XX: Direct competitor in aviation operations software — FL3XX provides scheduling, dispatch, and operations management software for business aviation operators, directly addressing the same pain points Volato AI targets (scheduling, dispatch, maintenance coordination).
• Avinode (by Camp Systems): Direct competitor in aviation operations software — Avinode is a leading marketplace and operations platform for charter operators, with quoting and fleet management capabilities that overlap directly with Volato AI's Charter Sales AI Agent and scheduling features.
• Leon Software: Direct competitor in aviation operations software — Leon provides ERP-style operations management for business aviation operators including scheduling, crew management, and maintenance tracking, overlapping with Volato AI's scheduling, dispatch, and maintenance modules.

Emerging players

• JetSuiteX (JSX): Comparable in private aviation accessibility — JSX offers semi-private air travel with scheduled routes, a different model than Vaunt's empty-leg membership but targeting the same customer desire for accessible private aviation experiences.

Broad incumbents

• VistaJet: Broad incumbent in private aviation — VistaJet offers global fractional and membership-based private jet programs for ultra-high-net-worth individuals, operating at much larger scale than Vaunt but addressing the same core market segment with similar membership economics.
• UiPath: Broad incumbent in enterprise automation — UiPath provides end-to-end RPA and AI-powered automation platforms that compete with Volato AI's workflow automation capabilities (quoting, scheduling, dispatch, customer service) across all verticals including aviation. Represents the horizontal competitive threat.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCA6H6ovwP8ycXTnVCYB-52g
• LinkedInlinkedin.com/company/flyvolato
• Instagraminstagram.com/flyvolato
• Facebookfacebook.com/flyvolato

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

Funding overview

Funding rounds6 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Volato