Adacel Technologies Limited (Adacel) announces a new contract with Avinor to upgrade its Bodø Oceanic ATM System (BOAS) with a technical refresh and backup support for the Air Traffic Management Surveillance Tracker and Server (ARTAS). The operating system and the entire BOAS supporting software will be updated to operate in a virtual environment providing numerous benefits for the long-term support and flexibility of the system. Additional support for ARTAS for added system redundancy will also be provided as part of the new contract. The new BOAS Technical Refresh and Backup ARTAS Support contract is valued at approximately USD 1.0 million. Adacel will perform this contract throughout fiscal year 2022, with an estimated completion in fiscal year 2023.