Company evaluates strategic opportunities across AI infrastructure and related markets while Vaunt recurring revenue grows 221% year-over-year

Volato Group, Inc. (NYSE:SOAR) ("Volato" or the "Company") today announced that it continues to evaluate multiple unsolicited, non-binding letters of intent related to potential strategic transactions in AI infrastructure and related sectors. The Company also reported that Vaunt annual recurring revenue ("ARR") reached approximately $4.0 million as of May 2026, representing approximately 221% year-over-year growth.

As previously announced, Volato recently secured a $2.2 million strategic investment and received multiple letters of intent related to potential acquisition and strategic combination opportunities. The Company continues to evaluate opportunities across AI infrastructure, data infrastructure, compute, power generation, and related sectors that support the expanding artificial intelligence ecosystem.

The Company has not entered into definitive agreements with respect to the LOIs, and no assurance can be given that any discussions will result in a completed transaction. Management is evaluating potential opportunities based on strategic fit, capital requirements, execution risk, shareholder value potential, and the Company's ability to participate in scalable technology and infrastructure markets.