Three assets, one structure, and a deliberate decision not to buy them all at once.
flyExclusive entered into a structured agreement with Volato Group, Inc. to acquire Volato’s aircraft sales division for $2.1 million in FLYX stock issued immediately. At the time of the announcement the company said the division was expected to generate $6–8 million in profit in the fourth quarter of 2025.
The agreement also granted flyExclusive the right to acquire additional technology platforms and other intellectual property for a further $2.0 million in FLYX stock, bringing total potential consideration to $4.1 million in stock.
The two platforms
- Vaunt — a luxury experiential travel application providing membership access to private jet empty legs.
- Mission Control — flight management software for private aviation operations, built to streamline Part 135 scheduling.
Why structure it this way
Chief Executive Officer Jim Segrave said the structured transaction delivered greater value at an attractive multiple on invested capital while giving flyExclusive the ability to expand its services. Volato’s chief executive Matt Liotta said structuring it in stages protected the integrity of Volato’s separate M2i transaction while adding direct participation for Volato.
What happened next
flyExclusive exercised the technology rights in March 2026, buying Mission Control outright. That intellectual property became the foundation of Contrails, the flight management system now being opened to other Part 135 operators.
The aircraft sales business is on the Inventory page. The two companies’ relationship began with an aircraft management agreement in September 2024.
Based on the company press release of 7 October 2025. Read the original on the flyExclusive investor relations site.
