Dr. Leslie Klein reports

C-COM ANNOUNCES SUSPENSION OF QUARTERLY DIVIDENDS TO PRIORITIZE STRATEGIC INVESTMENTS

C-Com Satellite Systems Inc. has suspended its traditional quarterly dividend of 1.25 cents per common share, effective immediately, as part of its commitment to preserving cash and allocating resources toward critical strategic projects, such as its commercialization of its revolutionary Ka-band electronically steered antenna (ESA).

This decision reflects the company's pro-active approach to ensuring long-term growth and enhancing shareholder value by focusing on key initiatives that strengthen C-Com's competitive position and future profitability.

"As I have reported in earlier releases, C-Com's R&D team, based in Waterloo, Ont., and working with the University of Waterloo's renowned wireless/satellite research team and support labs, has successfully designed, manufactured and tested a breakthrough multiorbit ESA Ka-band antenna system, offering a range of benefits, including full in motion capability on GEO, MEO and LEO constellations," said Dr. Leslie Klein, president and chief executive officer of C-Com.

Dr. Klein added: "The antenna's design is compact, scalable and readily configurable for any number of use cases, making it ideal for mobile applications, such as airborne inflight services, military drone applications, maritime vessels and land vehicles. Our plan is to bring a compact 1K element ESA system to market in late 2025, followed by the launch of a more robust 4K ESA in early 2026."

Dr. Klein concluded: "The primary focus of C-Com over the next couple of years is to bring these leading-edge antenna systems to market and make it possible to also fund a few other significant R&D developments, which are in the last stages of completion. We already have considerable cash resources to fund these efforts. Our decision to temporarily suspend the dividend was not made lightly, given our long track record of such payments over the past 50 quarters. While I understand the importance of dividends to our shareholders, I believe this step is necessary to maintain financial flexibility and invest in projects that will deliver significant returns over time. This approach aligns with our mission to build a stronger and more resilient company. I regard prioritizing our working capital to bring this advanced technology ESA to market as a testament of how significant the C-Com team believes the impact our ESA's will have in the marketplace."

About C-Com Satellite Systems Inc.

C-Com is a pioneer and a leading global designer, developer and manufacturer of transportable and mobile satellite-based antenna systems. The company has developed proprietary, auto-acquisition controller technology for rapid antenna pointing to a satellite with just the press of a button, enabling broadband Internet via satellite across a wide range of market applications worldwide, including regions unserved or underserved by terrestrial access technologies.

C-Com has sold more than 11,000 antenna systems, in over 100 countries, through a dedicated dealer network that provides service to a wide range of vertical markets, such as oil and gas exploration, military communications, disaster management, SNG, emergency communications, cellular backhaul, telemedicine, mobile education, government services, mobile banking, and others. The company's iNetVu brand is synonymous with high quality, reliability and cost-effectiveness.

C-Com is in final stages of satellite testing and manufacturing of a potentially revolutionary Ka-band, electronically steerable, modular, conformal, flat-panel phased array antenna. C-Com has developed this unique multiorbit antenna with the intent of providing low-cost, high-throughput mobility applications over satellite for land, airborne and maritime verticals over LEO, MEO and GEO satellite constellations. Another significant project under way at C-Com is the development of an analog beamforming integrated circuit, which is progressing well and is expected to enter testing phase by the middle of this year. These BFICs will be used in the manufacturing of all of the company's ESA antennas with the intent to significantly reduce their cost and improve their performance.

The company is publicly traded on the TSX Venture Exchange and on the U.S. OTC (over-the-counter) market.

We seek Safe Harbor.