Mr. Randy Koroll reports

STAR NAVIGATION CORPORATE UPDATE

Star Navigation Systems Group Ltd. and FlightPath International (FPI) re-engaged in a collaborative effort under the new Star structure this mid-January, 2024.

FlightPath executive vice-president Jonathan Kordich immediately deployed on Jan. 28, 2024, to Abuja, Nigeria, on the invite by the Minister of Aviation and Aero Space (MAA) under the new administration of Nigeria, for review of the previous developments in establishing a Western standard airline training centre with multiple state-of-the-art Full Level IV flight simulators for commercial airline pilot and engineering training, with a project investment of over $70-million (U.S.). Additionally, the training centre is planned to have a five-star hotel complex associated with the property.

These developments have been leveraged by FPI to introduce the Star-ISMS technology to the new MAA. Follow-up meetings were requested by the MAA to include the permanent secretary, director general, Nigerian Civil Aviation Authorities; commissioner, Accident Investigation Board of Nigeria; and various governors and senators of multiple Nigerian states.

This Nigerian Ministry of Aviation has expressed a tangible interest in procuring the requirements to mandate the Star-ISMS for the Nigerian commercial airlines and helicopter operators. Additionally, Star is currently assessing the requirements for establishing manufacturing of the Star-ISMS under a division of Star in Nigeria.

These Star/FPI activities have generated additional interest within the Nigerian Presidential Amnesty Program (PAP), under the leadership of the governor of Delta state, to implement generative artificial intelligence in hospital aftercare, oil and gas, mining, along with supply of rural utilities electrical power to blacked out communities.

Additional interests have been generated with introductory meetings with respect to Star technologies to the Ambassador of Canada, Ambassador of South Africa, Ambassador of Ghana, Ambassador of Angola, Ambassador of Serbia and the Ambassador of Ireland.

Captain Kordich currently remains in Nigeria with the continued support of Star and FPI.

About Star Navigation Systems Group Ltd.

Star Navigation Systems Group manufactures the in-flight 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, which 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.

We seek Safe Harbor.