Mr. Randy Koroll reports

STAR NAVIGATION CORPORATE UPDATE

Star Navigation Systems Group Ltd. and FlightPath International (FPI) have provided an update on sales activities in Africa.

After Captain Jonathan Kordich attended a safety conference in Ethopia in May, FPI and Star have been invited by the Ethiopian Aviation Group (EAG) to participate in a tender submission for Ethiopian Airlines for flight data monitoring (FDM) procurement, along with Boeing, Airbus and Rockwell-Collins. Star is confident that its system not only meets the FDM requirements but exceeds them too. Star will meet the tender submission date and will submit all required information by June 26, 2024.

FPI and Star have been invited by the ambassador of Ghana to Canada and the president of the chamber of commerce in Ghana to submit a high-level proposal by the end of June, 2024. This will be followed by a visit to Ottawa in mid-July at the high commission of Ghana. The proposal will include a job creation plan, which will include opening a high-technology job centre in Ghana. This proposal will be conditional upon the Ghana government authorities mandating the Star-ISMS system in Ghana and some other procurement commitments by the government. This technology centre will include a training centre by FPI, a Star-ISMS assembly plant, an AI/AR (artificial intelligence/augmented reality) technology platform development, training and implementation plan for hospitals and various other sectors, and an energy device (thermo generator) manufacturing and assembly plant. Star and FPI will play a key role in setting up these collaborative efforts.

FPI and Star have been invited to submit a request for information (technical and financial) by the United Nations for aircraft global tracking and flight data monitoring. This request has been submitted and a request for proposal (RFI) from the UN is expected soon.

Capt. Kordich's strategic communication with the chief executive officer of Astral Aviation has reopened the door with Astral and Star is now awaiting confirmation by Astral for the availability of its first aircraft -- a B767 -- to have the Star-ISMS installation completed in Nairobi, Kenya.

Star management has been working on several other initiative and joint ventures. Further information will be provided on those initiatives in the company's next corporate update, which is expected to be out toward the end of July.

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.

We seek Safe Harbor.