This Aviation Company Made An Interesting Segway Into The Crypto Space

By: Tomas Ronolski - AllPennyStocks.com News

Tuesday, December 3, 2024

A Virgina-based aviation company is turning heads on Tuesday after the company made an astonishing announcement. The company announced a new patent-pending technology that advances how aircraft generate revenue by repurposing underutilized aircraft resources for cryptocurrency mining, according to a press release.

This headline no doubt caused a stir due to the the massive appreciation cryptocurrencies have experienced over the last year, and it’s no wonder that traders rushed to buy up shares of Volato Group Inc. Class A (NYSE American:SOAR).

At the time of writing, this micro cap is bid up at $0.40/share (+80.34% implied open for sellers). It should be an exciting session for this stock!

Volato (NYSE American: SOAR) is a private aviation company advancing the industry with innovative solutions in aviation software and on-demand flight access. Volato’s proprietary Mission Control software drives efficiency across operations and supports operators in managing fractional ownership, charter, and other services. Volato’s Vaunt platform connects travelers with available private flights, offering a flexible option for on-demand travel. With a commitment to advanced technology and customer-focused solutions, Volato is building scalable tools to elevate service quality and operational effectiveness in private aviation.

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