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.

The Star Navigation ISMS (inflight safety monitoring system) received very high score (an evaluation score of 68 out of 70; 97-per-cent technical approval) in the technical evaluation of Ethiopian Airlines RFP (request for proposal) for the procurement of flight data monitoring system. Financial evaluation is currently still in review by Ethiopian Airlines.

The High Commissioner of Canada to Nigeria has provided tangible support and liaison with the Minister of Aviation and Aerospace of Nigeria for the implementation of the Star-ISMS with Nigerian airline operations. FPI is expecting further governmental meetings in Nigeria toward the latter part of October and into November, 2024.

Additionally, FPI and Star have been invited to meet the director of safety for Air Peace Airlines in Lagos. Air Peace operates a modern fleet of 30 aircraft, including Boeing 737s and 777s, Embraer 145s and 195s, and several Airbus 320s. Other notable airline meetings scheduled include the chief executive officer of Air Contractors and the director of flight operations of IBOM Airlines in Lagos.

The United Nations department of operations support in New York, N.Y., has invited Star to present the ISMS technology in New York during the first quarter of 2025. Firm date expectancy is in January, 2025.

Star/FPI attended the Aviation Africa summit, held in Johannesburg, South Africa, during Sept. 16 to Sept. 17, 2024. It was the first introduction of the Star-ISMS to the southern part of the continent to various government officials, along with airline operators in that region. Follow-up visitation and meetings are expected in Q1 2025.

FPI is scheduled to attend the AFRAA (African Airlines Association) annual general meeting from Nov. 17 to Nov. 19, 2024, to be held in Cairo, Egypt.

FlightPath has been invited by IATA (International Airlines Transportation Association) to attend the World Data Symposium to be held Feb. 26 to Feb. 27, 2025, in Dublin, Ireland.

Star continues to work with the Lapsset Corridor Development Authority (LCDA) for the purchase of Star's tracking and monitoring technology. The LCDA is still actively securing financing for the project and continues to have significant interest in Star's technology for the project.

About Star Navigation Systems Group Ltd.

Star Navigation Systems Group manufactures the inflight safety monitoring system, Star-ISMS, the heart of the STAR-ADS (airborne data services) system. The Star-ADS 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 (military and defence) division designs and manufactures high performance, mission-critical flight-deck flat-panel displays for defence and commercial aviation industries worldwide.

We seek Safe Harbor.