Mr. Randy Koroll reports

STAR NAVIGATION ANNOUNCES THAT JOINT VENTURE PARTNER - FLIGHTPATH INTERNATIONAL - EXECUTES S3IAI EXCLUSIVE RESELLER AGREEMENT FOR AVIATION INDUSTRY AI & AR HOLOGRAM OEM TRAINING PLATFORM

Star Navigation Systems Group Ltd.'s joint venture partner, FlightPath International (FPI), has executed a two-year exclusive reseller agreement for the global aviation industry with its AI (artificial intelligence) partner, S3iai, for an integrated AI and AR (augmented reality) interactive immersive OEM (original equipment manufacturing) training platform. FPI will be the first commercial client to use this newly developed product from S3iai. Star has previously executed a binding letter of intent with S3iai on Feb. 29, 2024, to acquire majority ownership of S3iai and S3iai has executed a three-year licensing agreement with ImagineAR to provide the AR technology.

FPI provides commercial airline training on all major aircraft fleet types, including Boeing, Airbus and others serving over 150 airlines in over 60 countries. Major airlines and operators served by FlightPath include Air Canada, Ethiopian Airlines, Lufthansa, Transport Canada, and various military and government agencies globally.

Andrew Lucas, chief executive officer of FPI, stated: "Cultivating excellence in aviation training requires embracing the transformative power of AI. By integrating artificial intelligence into our training programs, we empower our students with personalized, data-driven insights, creating a dynamic learning environment that adapts to their needs. Harnessing the efficiency and precision of AI not only enhances the quality of education but enhances our commitment to safety and innovation, ensuring our graduates soar to new heights in their careers. In the realm of aviation, embracing AI isn't just a choice; it's the propulsion system that propels us toward a future of unparalleled training excellence."

Randy Koroll, interim chief executive officer of Star, stated: "With our recent executed binding LOI with S3iai for the development of advanced AI solutions for the aerospace industry, we are excited for this first exclusive reseller S3iai contract, which will help transform the aviation OEM training programs and position FlightPath as one of the global leaders."

About Star Navigation Systems Group Ltd.

Star Navigation Systems Group manufactures the Inflight safety monitoring system, STAR-ISMS, the heart of the STAR-A.D.S. system. The STAR-A.D.S. system has real-time capability of tracking performance trends and predicting incident occurrences; this enhances aviation safety and improves fleet management while reducing costs for the operator.

Star's MMI division (military and defence) designs and manufactures high performance, mission-critical, flight-deck flat-panel displays for defence and commercial aviation industries worldwide.

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