02:39:47 EDT Thu 26 Mar 2026
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Critical Infrastructure Technologies Ltd
Symbol CTTT
Shares Issued 121,548,560
Close 2026-03-25 C$ 0.415
Market Cap C$ 50,442,652
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Critical Infrastructure signs JV agreement with Juno

2026-03-25 18:22 ET - News Release

Mr. Brenton Scott reports

CRITICAL INFRASTRUCTURE TECHNOLOGIES AND JUNO INDUSTRIES EXECUTE JV AGREEMENT TO DEVELOP AND DEPLOY ARCTIC-FOCUSED AUTONOMOUS NEXUS PLATFORM

Critical Infrastructure Technologies Ltd. has signed a joint venture agreement with Juno Industries to co-develop and commercialize an Arctic-ready version of the company's Nexus platform, to be branded the Polar Nexus.

Key highlights:

  • Joint venture established to develop and commercialize an Arctic-ready Nexus platform, the Polar Nexus;
  • Establishment of a British Columbia facility to support Polar Nexus integration and Arctic testing;
  • Development of the Polar Nexus platform to support Arctic communications and surveillance deployments across defence and industrial markets.

The joint venture will be owned equally by Critical Infrastructure and Juno and will focus on advancing the Polar Nexus system for testing and deployment in Arctic and extreme-environment conditions. The JV will also seek to identify customers and partners for Polar Nexus across North America within defence and commercial industries.

As part of the agreement, Critical Infrastructure will contribute a Nexus platform unit and provide engineering support to adapt the system for Arctic conditions. Juno will contribute $450,000. Juno and CiTech will work collaboratively to develop new intellectual property within the JV, including surrounding Arctic readiness, sensor integration and scaled deployment.

The Polar Nexus platform is designed to support communications, monitoring and operations in remote environments, including northern defence and industrial applications. The joint venture will target the growing market for Arctic defence, surveillance and communications infrastructure, driven by increasing strategic activity across northern regions.

Brenton Scott, chief executive officer of Critical Infrastructure Technologies, commented:

"This partnership with Juno Industries establishes an important step in expanding the Nexus platform into Arctic and remote operating environments. By combining CiTech's technology with Juno's capabilities in North America and focus on Arctic threat detection, the Polar Nexus is well positioned to support opportunities across defence and industrial markets."

Hunter Scharfe, chief executive officer of Juno Industries, commented:

"We are grateful to be working with the amazing team at CiTech, and look forward to working closely to develop and deploy Polar Nexus. Juno Industries believes that the Arctic will play a growing role in global defence, and that platforms like Polar Nexus will benefit meaningfully. Additionally, we feel this JV is uniquely positioned to succeed in Canada, with Juno's deep focus on understanding the urgent needs of the Canadian Armed Forces and their allies."

About Juno Industries Inc.

Juno Industries is a Canadian defence technology company co-founded by Former Minister of National Defence Harjit Sajjan and technology entrepreneur Hunter Scharfe. Juno Industries is focused on developing autonomous systems to strengthen Canadian and allied national security, sovereignty and defence capabilities by harnessing Canadian technical talent and innovation.

About Critical Infrastructure Technologies Ltd.

Listed on the Canadian Securities Exchange with operations in Perth, Western Australia, Critical Infrastructure is creating autonomous, high-capacity, rapidly deployable technology that delivers essential services to where they are needed most. Critical Infrastructure is targeting the mining, defence, border security/surveillance and emergency services sectors in relation to its first product release, the Nexus 16, which aims to provide critical mobile telecommunications for such sectors. Using patented technologies, Critical Infrastructure's self-deploying platform (SDP) provides a solution for two of the greatest limitations of current rapidly deployable communication solutions, strength of the tower and ability to rapidly self-deploy and operate, in numerous situations. The SDP is designed to support radio equipment including LTE (long-term evolution) and several other technological payloads, such as surveillance and anti-drone systems. Critical Infrastructure has completed the research and development phase and is currently commercializing the first of many products that will be released.

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