Mr. Eric Eyerman reports

CALIFORNIA NANOTECHNOLOGIES ANNOUNCES PRODUCTION ORDERS FROM TEXAS-BASED AEROSPACE COMPANY FOLLOWING SUCCESSFUL R&D

California Nanotechnologies Corp. has received several purchase orders totalling $147,000 (U.S.) 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 $170,000 (U.S.) in R&D manufacturing service orders received from the customer during calendar 2026. Of the new $147,000 (U.S.) in orders, $114,750 (U.S.) represents approximately three months of production, equivalent to an annualized production rate of approximately $459,000 (U.S.) 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, chief executive officer. "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 $918,000 (U.S.) at current pricing, subject to customer demand and additional purchase orders.

About California Nanotechnologies Corp.

At Cal Nano, the company envision a world in which its advanced technologies are used to help make the most innovative products on this planet and beyond. With the company's unique expertise in processing metallurgic powders into parts, global leaders trust the company to help push the boundaries of applied material science. Headquartered in Greater Los Angeles, Calif., Cal Nano hosts advanced processing and testing machinery and capabilities across two manufacturing facilities for materials research and production needs. The company's customers range from Fortune 500 companies to start-ups with programs spanning aerospace, renewable energy, defence and semiconductors.

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