Since releasing its commercialization strategy, the Company has expanded its UL 9540 and UL 9540A-certified Quantum-Safe commercial battery energy storage product portfolio, completed supplier registrations through Malahat Energy Systems Inc. in multiple Canadian jurisdictions. These activities represent milestones in the Company’s ongoing commercialization strategy and are intended to support future commercial activities.

A key pillar of this strategy is Aegis' minority ownership interest in Malahat Energy Systems Inc., a certified Indigenous business majority owned by the Malahat Nation. Malahat Energy Systems is a member of the Canadian Council for Indigenous Business (CCIB) and is listed in the Indigenous Business Directory (IBD). The company is now completing supplier qualifications and procurement registrations across British Columbia (BC BID), Alberta (APC), Saskatchewan (Sask. Supply Portal), Manitoba (Efficiency Manitoba), and Ontario, which will allow Aegis and Malahat Energy Systems to pursue a broad range of commercial, utility, government, Indigenous community, and critical infrastructure projects where Indigenous participation is recognized or prioritized