Brampton, Ontario--(Newsfile Corp. - August 24, 2026) - Star Navigation Systems Group Ltd. (CSE: SNA) ("Star" or the "Company") is pleased to announce a strategic partnership with Aero Intelligence Corp. ("Aero") in support of Aero's research and technology collaboration with Toronto Metropolitan University ("TMU"), one of Canada's leading urban innovation and applied research institutions.
Under the agreement, Aero will leverage Star's STAR-A.D.S.® / STAR-ISMS® technology platform as a foundational component in the development of next-generation solutions. The collaboration between Aero and TMU is expected to explore and advance research and commercialization initiatives focused on innovative technologies for the aviation sector, with potential applications across transportation, energy, and industrial monitoring industries.
Dr. Vik Singh, Associate Professor, Global Management Studies and Co-Director of the Institute for Sustainable Practices in Research and Enterprise at the Ted Rogers School of Management, Toronto Metropolitan University ("TMU"), commented:
"We are pleased to announce the Institute for Sustainable Practices in Research and Enterprise – Toronto Metropolitan University and Aero Intelligence Corp., 'Powered by Star' have launched an applied research partnership for sustainable aviation innovation. The collaboration will examine how sustainability, technology transfer, artificial intelligence and established industry capabilities can drive performance improvements and innovation across the aviation sector."
For details, please refer to the TMU – Aero launch and published update:
Aaron Dalal, Chief Executive Officer of Aero Intelligence Corp., commented:
"Our collaboration with Toronto Metropolitan University is focused on accelerating innovation across the aviation, transportation, energy, and industrial monitoring sectors.
By combining TMU's applied research capabilities, brightest minds and engineering foresight along with Aero's commercialization expertise and Star's proven aviation technology platform experience, we believe we can create and deploy next-generation solutions with significant market potential."
Aero Intelligence will lead the research, technology, product development, industry application and commercialization focus with the collaboration and broader network of partners. Star's role will be to provide the underlying technology platform while participating in the economic opportunities generated through resulting innovations and commercial applications.
Randy Koroll, Chief Executive Officer of Star Navigation Systems Group Ltd., commented:
"Star is excited to be at the center of this high-value collaboration involving both Aero and TMU. By supporting Aero's partnership with TMU, we are enabling scalable innovation of the STAR-ISMS® platform while preserving ownership of our core technology portfolio. Solutions developed through the Aero-TMU collaboration will be marketed under the 'Powered by Star' brand, recognizing the foundational role of Star's technology to the partnership."
The Company will provide further updates as milestones are achieved within the Aero and Toronto Metropolitan University collaboration.
About Aero Intelligence Corp.
Aero Intelligence Corp. is focused on innovative aerospace intelligence applications and solutions in artificial intelligence and sustainability. Our business model at present is stealth by design. We are building our core technology stack for commercial and defense needs.
We are building the future today! For updates visit our stealth page www.aerointelligence.ai
About Toronto Metropolitan University
Toronto Metropolitan University is one of Canada's leading innovation and research-focused universities. Through its academic, research, and industry partnership programs, TMU supports the development and commercialization of technologies that address real-world challenges across multiple sectors.
About Star Navigation Systems Group Ltd.
Star Navigation Systems Group Ltd. develops and manufactures the STAR-ISMS® (In-flight Safety Monitoring System), the core component of the Company's STAR-A.D.S.® (Aircraft Data System) platform. The STAR-A.D.S.® system provides real-time tracking, performance monitoring, trend analysis, and predictive capabilities designed to enhance aviation safety, improve fleet management, and reduce operating costs.
Through its MMI Division (Military and Defense), Star also designs and manufactures high-performance, mission-critical flight deck flat-panel displays for defense and commercial aviation markets worldwide.
Forward-Looking Information
Certain statements in this news release may constitute "forward-looking statements". Forward-looking statements are statements that address or discuss activities, events or developments that Star expects or anticipates may occur in the future.
When used in this news release, words such as "estimates", "expects", "plans", "anticipates", "projects", "will", "believes", "intends" "should", "could", "may" and other similar terminology are intended to identify such forward-looking statements.
Forward-looking statements reflect the current expectations and beliefs of Star's management. Because forward-looking statements involve known and unknown risks, uncertainties and other factors, actual results, performance or achievements of Star or the industry may be materially different from those implied by such forward-looking statements.
Examples of such forward-looking information that may be contained in this news release include statements regarding; growth and future prospects of our business; our perceptions of the industry and markets in which we operate and anticipated trends in such markets; expectations regarding the operation of our app; and our future revenues.
Material factors or assumptions that were applied in drawing a conclusion or making an estimate set out in the forward-looking statements may include, but are not limited to, our ability to execute on our business plan, increase visibility amongst consumers and convert users to revenue producing subscribers and the success of the business of our partners.
Forward-looking statements involve significant uncertainties, should not be read as a guarantee of future performance or results, and will not necessarily be an accurate indication of whether or not such results will be achieved.
Should one or more of these factors or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.
Accordingly, readers should exercise caution in relying upon forward-looking statements and Star undertakes no obligation to publicly revise them to reflect subsequent events or circumstances, except as required by law.
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE CANADIAN SECURITIES EXCHANGE) ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Please visit www.star-navigation.com or contact
Mr. Randy Koroll, CEO at 1-416-252-2889 #228 or randy.koroll@star-navigation.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/311051