Aether Global Clarifies Status of Arion Defense Acquisition

Vancouver, B.C. — January 23, 2026 — Leads & Copy —

Aether Global Innovations Corp. (CSE: AETH) (OTC: AETHF) (Frankfurt: 4XA WKN# A2N8RH) has clarified that it has not completed its previously announced acquisition of Arion Defense Inc. The proposed transaction remains at the letter of intent stage only.

According to a news release dated December 10, 2025, Aether Global entered into an arm’s length letter of intent (the “LOI”) with Arion, contemplating a potential acquisition of Arion for 20,156,994 common shares of Aether Global at a deemed issue price of $0.36.

Other than certain customary provisions, the LOI is non-binding and does not constitute a definitive agreement. Completion of the Proposed Transaction remains subject to conditions, including the negotiation and execution of definitive documentation, completion of due diligence, and receipt of all required corporate, regulatory, and Canadian Securities Exchange approvals.

Aether Global clarified that, as of the date of the release, it does not have any active business operations or operating assets. Statements in the “About Aether Global Innovations Corp.” section of the Company’s news releases should not be interpreted as indicating ongoing business activities, other than identifying and pursuing potential operating company acquisitions or lines of business.

If the parties proceed to negotiate and execute a definitive agreement, the transaction would constitute a “Fundamental Change” under Policy 8 of the Canadian Securities Exchange and would be subject to additional requirements, including the approval of the Exchange and the Company's shareholders. The Company will provide further updates as appropriate.

Arion is a security-focused company pursuing opportunities related to counter-drone technologies and a footwear scanning platform. Disclosures regarding Arion’s participation interests, anticipated trials, potential contracts, or commercialization timelines are based on information provided by Arion and involve third-party relationships and actions outside the control of Aether Global.

Arion holds an exclusive patent license from Pacific Northwest National Laboratory (PNNL) relating to a footwear screening platform. Aether Global cautions that no assurance can be given that the technology will be successfully commercialized, achieve regulatory acceptance, or generate revenues.

Aether Global cautions investors not to place undue reliance on information related to the Proposed Transaction, as it remains subject to further negotiation and conditions. The Company does not intend to provide further updates unless a definitive agreement is entered into, the LOI is terminated, or disclosure is otherwise required.

Aether Global Innovations (AETH) focuses on UAV drone management and operations services in three areas: drone and counter-drone solutions and surveillance monitoring, automation and integration for flight planning, new sensor payloads, stand-alone power source and drone base station infrastructure and technology for autonomous self-landing, power charging, and take off.

Source: Aether Global Innovations Corp.