Star Navigation Systems Group Ltd. and S3iai Co. announced a strategic partnership. This collaboration marks a significant milestone in the industry, propelling the Machine Learning Service Stack ("ML stack") to new heights and has the potential to revolutionize the commercial airline landscape.

Unleashing the Transformative Power of Generative AI. Star, recognized for its forward-thinking approach in the aerospace sector, is committed to driving rapid innovation through strategic investments. By leveraging the immense potential of Generative AI, the Company aims to help redefine the aviation industry.

S3iai brings its unparalleled expertise in high-performance computing and a comprehensive suite of AI capabilities to the table, creating a powerful synergy. A Shared Vision for the Future. S3iai is dedicated to guiding its clients through every stage of their AI journey, from crafting visionary strategies to implementing new and exciting Generative AI solutions.

In this close collaboration with Star, the combined expertise will focus on creating products which could revolutionize the commercial airline industry, with plans to explore further expansion into untapped markets. The Future Beckons. The future of aviation is powered by AI, and with this collaboration, Star and S3iai are at the forefront of this exciting journey.

This partnership promises to unlock unprecedented levels of efficiency and innovation, helping to shape the industry for years to come. Exclusive Partnership and Strategic Investment. On February 25th, 2024, the two companies signed a binding Letter of Intent, solidifying a historic agreement that positions S3iai as Star's exclusive AI partner.

In exchange for this exclusivity and an investment of up to $4,500,000, Star will hold a 50% majority stake in S3iai's issued and outstanding common stock upon the completion of the financing. The agreement includes a non-refundable deposit of $100,000 from Star, offering an eight-month window to finalize this investment. Additionally, Star will compensate the finders involved with a 20% finder's fee paid in the form of the Company's common shares.

Star Navigation Systems Group Ltd. manufactures the In-flight Safety Monitoring System, STAR-ISMS®?, the heart of the STAR-A.D.S.®? System. The STAR-A.D. S3iai®?

System has real-time capability of tracking, performance trends and predicting incident-occurrences which enhances aviation safety and improves fleet management while reducing costs for the operator. Star's MMI Division (Military and Defence) designs and manufactures high performance, mission critical, flight deck flat panel displays for defence and commercial aviation industries worldwide.