Volato Group acquires M2i Global to diversify into critical minerals

In the United States, Volato Group Inc. is transitioning from a pure-play aviation company to a dual-platform business focused on aviation software and critical minerals infrastructure. This strategic shift comes after the announcement of a new acquisition deal with M2i Global. Under the terms of the non-binding term sheet, which was recently signed, M2i Global is set to receive approximately 90% of Volato's common stock on a fully diluted basis. Current Volato shareholders will maintain around 10% of the company's ownership after the acquisition is finalized. This deal aims to position Volato at the forefront of federal policies that focus on U.S. mineral independence, capitalizing on M2i's significant contracts, including an $850 million offtake agreement with NT Minerals. The structure of the new combined entity will see Alberto Rosende taking on the role of CEO, while Matt Liotta, the existing CEO of Volato, will become the president of the aviation and software division. The acquisition is intended to unlock new capital access for Volato, allowing it to scale through diversification while aligning the company with national strategic priorities focused on critical resources. Market response to this announcement has been positive, as investors view the deal as a necessary step for the company to enhance its business model. The transition preserves Volato's core aviation platforms, such as Vaunt and Mission Control, ensuring they remain operational under dedicated leadership. As the acquisition process awaits customary closing conditions, Volato Group is positioned to benefit from the shifting landscape in both the aviation and mineral resource sectors.