Los Angeles, California--(Newsfile Corp. - October 26, 2026) - California Nanotechnologies Corp. (TSXV: CNO) (OTCID: CANOF) ("Cal Nano" or the "Company") is pleased to announce that it has received several purchase orders totaling US$147,000 from a Texas-based aerospace company, marking the successful transition of a research and development (R&D) program into commercial production. The orders cover the manufacturing of specialized components used in commercial satellite systems.

The production orders follow approximately US$170,000 in R&D manufacturing service orders received from the customer during calendar 2026. Of the new US$147,000 in orders, US$114,750 represents approximately three months of production, equivalent to an annualized production rate of approximately US$459,000 at current pricing and volumes.

"We have been working with this aerospace client for approximately a year on R&D and have successfully transitioned into reoccurring production orders," said Eric Eyerman, CEO. "This is a great use case of our capabilities as we will be utilizing many of our core technologies including powder milling and spark plasma sintering (SPS), along with post processing. It is a unique customer application and showcases our ability to deliver next-generation products."

Based on the customer's current forecast, production volumes could approximately double by the end of calendar 2027. This represents a potential annualized production rate of approximately US$918,000 at current pricing, subject to customer demand and additional purchase orders.

About California Nanotechnologies Corp.
At Cal Nano, we envision a world in which our advanced technologies are used to help make the most innovative products on this planet and beyond. With our unique expertise in processing metallurgic powders into parts, global leaders trust us to help push the boundaries of applied material science. Headquartered in Greater Los Angeles, California, Cal Nano hosts advanced processing and testing machinery and capabilities across two manufacturing facilities for materials research and production needs. Our customers range from Fortune 500 companies to startups with programs spanning aerospace, renewable energy, defense, and semiconductors.

Reader Advisory

Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. In particular, forward-looking information in this press release includes, but is not limited to: aerospace company will continue providing purchase orders beyond the initial three months; and production volumes doubling in calendar 2027 contingent on customer demand and subsequent purchase orders. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information. Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada, the United States and globally; expansion into the new manufacturing facility; a significant change in demand for the Company's services and products; industry conditions, governmental regulation, including environmental regulation; the effects of product development and need for continued technological change; the effect of government regulation and compliance on the Corporation and the industry; research and development risks; reliance on key personnel; operations in foreign jurisdictions; protection of intellectual property rights; contractual risk; third-party risk, risk of technological or scientific obsolescence; dependence of technical infrastructure; unanticipated operating events or performance; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility; competition for, among other things, capital, skilled personnel and supplies; changes in tax laws; and the other risk factors disclosed under our profile on SEDAR+ at www.sedarplus.ca. Readers are cautioned that this list of risk factors should not be construed as exhaustive.

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Source: California Nanotechnologies Corp.