Aether Global Innovations Provides Update on Proposed Arion Defense Acquisition and Trading Halt

Aether Global Innovations Corp. (CSE: AETH) (OTC: AETHF) (Frankfurt: 4XA) today provided a corporate update to shareholders and the investing public, including details regarding a current trading halt on its common shares and the proposed acquisition of Arion Defense Inc. (“Arion”).

Trading halt and proposed acquisition

The Company’s common shares are currently subject to a trading halt imposed by the Canadian Securities Exchange (the “CSE”) in connection with its previously announced definitive agreement to acquire 100% of Arion (see news release dated April 1, 2026).

The proposed transaction constitutes a “fundamental change” under CSE Policy 8 and is subject to shareholder approval, exchange approval, and the filing and review of a CSE Form 2A listing statement.

Aether said it is working with the CSE to advance the required filings and approvals and will provide further updates as the process progresses. The halt will remain in effect pending completion of this review.

Acquisition overview and strategic positioning

Aether said it is building an integrated defense and security technology platform using a disciplined, acquisition-driven model focused on high-demand verticals, including counter-drone systems and ancillary individual component technology, intelligence, surveillance and reconnaissance (ISR) platforms, and advanced physical screening technologies.

Counter-drone capabilities

The Company expects the Arion acquisition to expand its capabilities in these verticals. On the counter-drone side, Aether expects exposure to field-deployed counter-UAS systems currently in active international use, incorporating multi-sensor detection (RF, radar, optical and acoustic) combined with AI-enabled mitigation technologies, with ongoing military trials in South Asia.

Footwear Screening Platform

Aether also expects the transaction to add the Footwear Screening Platform, an exclusively licensed PNNL-patented technology that uses millimeter-wave imaging and AI analysis to detect concealed threats without requiring footwear removal, addressing a gap in airport and border security protocols.

Platform model and related agreements

Aether’s platform model focuses on partnering with and acquiring businesses that have established revenue, intellectual property, and government relationships, then scaling these assets through integration, capital deployment, and expanded distribution.

The Company said the proposed acquisition of Arion, together with its existing agency agreements with Bravo Zulu Drone Defense and UAVionics, is intended to advance its strategy of building a multi-domain security offering for defense, law enforcement, border security, transportation, and critical infrastructure markets globally.

Transaction closing and additional steps

In connection with closing, Arion is expected to complete a $1 million private placement. Aether also anticipates potential board and management reconstitution following completion of the transaction.

The Company noted there can be no assurance that the proposed transaction will be completed on the terms described or at all.

About Aether Global Innovations Corp.

Aether Global Innovations Corp. is a defense and security technology company focused on unmanned systems, counter-drone solutions, and advanced security scanning for critical infrastructure and high-value public and private sites.

The Company operates a disciplined platform model, acquiring and partnering with proven operators that have established revenue, intellectual property, and government relationships, then scaling these assets through integration, capital deployment, and global distribution. Aether said it combines counter-UAV capabilities, ISR-oriented unmanned systems, and advanced screening technologies to deliver rapidly deployable, mission-focused solutions intended to enhance safety, resilience, and operational awareness.

Forward-looking statements

This release includes forward-looking statements related to, among other things, the consummation of the proposed transaction. The Company cautioned that forward-looking statements are subject to risks and uncertainties, including the possibility that the proposed transaction may not be completed in a timely manner or at all, failure to satisfy conditions to consummation, and the ability of Aether or Arion to execute business plans and realize benefits from the transaction, as well as general economic conditions, industry trends, and regulatory and exchange approvals.

The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.