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Bridger Aerospace and Metatek Group Enter into Long-Term Aircraft Services Agreement to Support Global Geophysical Surveying

Bridger Aerospace signed an Aircraft Services Agreement with Metatek Group. Bridger will modify, operate, and maintain three Basler BT-67 aircraft for Metatek's global geophysical surveys. Each aircraft has an initial five-year term, automatically extended five more years unless either party gives timely non-renewal notice.

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What happened

Bridger Aerospace signed an aircraft services agreement with Metatek Group on October 22, 2026. Bridger will modify, operate and maintain three Basler BT-67 aircraft for global geophysical surveys. The deal could bring up to $183 million in revenue if all aircraft are inducted and all renewal terms are exercised.

Global impact / market context

This gives the company a possible long stream of service revenue tied to three aircraft, rather than a one-time sale. For ordinary investors, it is a sign of demand for this kind of aircraft work. But the top figure only happens if every aircraft is added and every renewal is used, so the actual amount may be smaller.

What to watch

  1. Check whether all three aircraft are actually inducted, because the $183 million figure depends on it and the real revenue could be lower.
  2. Check whether the renewal options are exercised, because each aircraft has an initial five-year term plus a possible five more years, and the top figure assumes they are.
  3. Check for any notice of non-renewal from either party, because either side can end the automatic extension, which would shorten the deal.

Affected assets

  • Basler BT-67
  • Bridger Aerospace Group Holdings, Inc.

Evidence