Continued subscriber growth reinforces Vaunt's position as a scalable, asset-light private aviation platform within Volato's broader technology strategy

Volato Group, Inc. (NYSE:SOAR) (the "Company" or "Volato") today announced that Vaunt, its experiential private aviation platform, reached approximately $3.6 million in annual recurring revenue ("ARR") as of April 30, 2026, representing continued growth following the platform's previously announced $3.0 million ARR milestone in the first quarter of 2026.

The increase reflects continued member demand, expanding product-market fit, and Vaunt's ability to convert private aviation interest into recurring subscription revenue. Since surpassing $1.5 million in ARR in its first full year, Vaunt has continued to scale through a combination of subscriber growth, expanded aircraft access, broader operator participation, and product enhancements designed to make private aviation more accessible, spontaneous, and engaging.

"Vaunt continues to prove that there is meaningful demand for a more flexible, experience-driven approach to private aviation," said Matt Liotta, Co-Founder and Chief Executive Officer of Volato. "Reaching $3.6 million in ARR only weeks after crossing $3.0 million demonstrates that Vaunt is not just growing, it is compounding. The platform is building recurring revenue, strengthening member engagement, and creating additional value for operators across the network."

Vaunt's model is designed to benefit both members and aircraft operators. Members gain access to unique private aviation opportunities through a technology-enabled subscription platform, while operators gain an incremental channel to monetize otherwise underutilized flight inventory without disrupting their core charter businesses. As the network grows, each additional member increases potential demand for operators, while each additional aircraft expands the range of opportunities available to members.

The Company believes Vaunt's growth is being supported by several operational drivers, including:

Expanded aircraft access through a growing third-party operator network
Continued adoption of Vaunt Core and Vaunt Cabin Plus membership tiers
Increased platform engagement through features such as Complete the Trip and Travel Center
Improved member retention and brand affinity through high-touch member experiences
A scalable, asset-light structure designed to support recurring revenue growth

Vaunt is also continuing its ongoing member event series, with the next Vaunt Member Event scheduled for June 18, 2026, in Miami. These events give the Vaunt team regular opportunities to connect directly with members, gather feedback, and strengthen the community engagement that supports retention and long-term platform growth. Additional information is available at www.flyvaunt.com/miami

"Reaching $3.6 million in ARR is a strong signal that Vaunt is continuing to convert member interest into durable recurring revenue," said Mike Prachar, Chief Operating Officer of Volato. "Our focus has been straightforward: improve the product, deepen engagement, expand access, and make the platform more valuable for both members and operators. That combination is what gives Vaunt room to keep scaling."

Vaunt's growth also reinforces Volato's broader strategy of building scalable aviation technology platforms that generate recurring revenue while supporting operators, travelers, and partners across the private aviation ecosystem. The Company continues to view Vaunt as a differentiated platform within private aviation, combining software, subscription economics, operator relationships, and consumer-facing travel experiences in a model designed for capital-efficient growth.

About Volato

Volato Group, Inc. (NYSE:SOAR) is a technology company focused on building scalable software and data solutions that improve the reliability and intelligence of high-stakes business decisions. The Company's existing Parslee Document Intelligence platform enhances the performance of leading large language models (LLMs) by adding deterministic structure and auditability to complex documents such as contracts and SEC filings. Through its proposed merger with M2i Global, Volato is expanding into the critical minerals sector—leveraging its software expertise to bring greater transparency, traceability, and operational intelligence to supply chains essential for U.S. national security and advanced technologies. For more information visit www.flyvolato.com.

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Vaunt Reaches $3.6 Million in ARR, Up 162% Year Over Year