19:16:36 EDT Wed 17 Jun 2026
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Sparc AI Inc
Symbol SPAI
Shares Issued 26,127,421
Close 2026-06-16 C$ 2.80
Market Cap C$ 73,156,779
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Sparc AI hires CFC Defence for Ukraine program

2026-06-17 11:46 ET - News Release

An anonymous director reports

SPARC AI STRENGTHENS UKRAINE MARKET ENTRY, ENGAGES CFC DEFENCE TO DRIVE FRONTLINE ADOPTION OF OVERWATCH AND EXPAND ITS ROSTER OF PARTNERED DRONE MANUFACTURERS

Sparc AI Inc. has engaged CFC Defence, an established Ukraine-based defence advisory team, to lead the company's market-entry and strategic-engagement program across the Ukrainian defence ecosystem.

The engagement marks an important step forward in Sparc AI's Ukraine strategy and follows a deliberate sequence of milestones the company has announced in recent months. Sparc AI has now signed multiple agreements with Ukrainian drone OEMs (original equipment manufacturers) and is building a growing pipeline of opportunities across the country's defence-technology sector. It has appointed a local sales agent that is actively connecting the company to additional OEMs, expanded its hiring across business development and engineering, appointed one of the largest law firms to support its in-country activities, and is advancing plans to establish a physical office in Ukraine.

Together, these steps are assembling the operational infrastructure required for the scaled deployment of Overwatch and the engagement of CFC Defence is a central part of that buildout. Where Sparc AI's earlier announcements established the relationships, people and pipeline, today's agreement adds a dedicated in-country advisory team responsible for stakeholder integration, capability validation and on-the-ground execution, converting that momentum into a structured, milestone-driven program.

Under the engagement, CFC Defence will map and prioritize the most relevant Ukrainian end-users, commands, defence-industry developers and government innovation stakeholders, including the country's leading defence-technology clusters, and will facilitate the introductions and meetings that move Overwatch from interest to evaluation. The program is organized around three parallel lines of effort that run from relationship building, through capability validation and product integration, to commercial sales giving Sparc AI a clear, staged path from first contact to operational testing and deployment.

Critically, the agreement also supports the company's continued scaling of its partnered drone-manufacturer base. Building on its previously announced partnerships with Ukrainian drone OEMs, Sparc AI has been steadily expanding the number of UAV (unmanned aerial vehicle) manufacturers and defence-technology companies engaged with Overwatch, and CFC Defence has been retained specifically to accelerate that expansion introducing additional manufacturers, co-ordinating software integration and joint testing, and structuring the demonstrations that prove Overwatch's performance on live platforms in the field.

About Sparc AI Inc.

Sparc AI develops software that delivers precision target acquisition and navigation for defence drones and autonomous systems operating in GPS-denied environments. Software only and hardware agnostic, its passive with no radar, lidar (light detection and ranging) or emissions that can be detected or jammed. Sparc AI's flagship platform, Overwatch, provides detection, tracking and multidrone coordination across the connected fleet, giving operators and commanders decisive situational awareness on the modern battlefield.

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