Aether Global Innovations Provides Update On Proposed Arion Defense Acquisition And Trading Halt

(TheNewswire)

VANCOUVER, BC – April 16, 2026 -TheNewswire – AetherGlobal Innovations Corp. (CSE: AETH) (OTC: AETHF) (Frankfurt: 4XA)(WKN# A2N8RH) (“Aether” orthe “Company”) todayprovides a corporate update to shareholders and the investing public,including details regarding the current trading halt on its commonshares and the proposed acquisition of Arion Defense Inc. (“Arion”).

Trading Halt and ProposedAcquisition

The Company’s common shares are currently subject to a trading haltimposed by the Canadian Securities Exchange (the “CSE”) in connection with itspreviously announced definitive agreement to acquire 100% of Arion(see news release dated April 1, 2026). The proposed transactionconstitutes a “fundamental change” under CSE Policy 8 and issubject to shareholder approval, exchange approval, and the filing andreview of a CSE Form 2A listing statement.

The Company is working closely with the CSE to advance the requiredfilings and approvals and will provide further updates as the processprogresses. The halt will remain in effect pending completion of thisreview.

Acquisition Overview and StrategicPositioning

Aether is building an integrated defense and security technologyplatform through a disciplined, acquisition-driven model, focused onhigh-demand verticals including counter-drone systems along withancillary individual component technology, intelligence, surveillanceand reconnaissance (ISR) platforms, and advanced physical screeningtechnologies.

The proposed acquisition of Arion is expected to significantly expandthe Company’s capabilities across these verticals. On thecounter-drone side, Aether is expected to gain exposure tofield-deployed counter-UAS systems currently in active internationaluse, incorporating multi-sensor detection (RF, radar, optical andacoustic) combined with AI-enabled mitigation technologies, withongoing military trials in South Asia.

The transaction is also expected to add the Footwear ScreeningPlatform, an exclusively licensed PNNL-patented technology utilizingmillimeter-wave imaging and AI analysis to detect concealed threatswithout requiring footwear removal, addressing a recognized gap inairport and border security protocols.

Aether’s platform model focuses on partnering with and acquiringbusinesses that have established revenue, intellectual property, andgovernment relationships, and scaling these assets throughintegration, capital deployment, and expanded distribution. Theproposed acquisition of Arion, together with the Company’s existingagency agreements with Bravo Zulu Drone Defense and UAVionics, isintended to advance Aether’s strategy of building a multi-domainsecurity offering for defense, law enforcement, border security,transportation, and critical infrastructure markets globally.

In connection with closing, Arion is expected to complete a $1 millionprivate placement. The Company also anticipates potential board andmanagement reconstitution following completion of the transaction.

There can be no assurance that the proposed transaction will becompleted on the terms described or at all.

About Aether Global InnovationsCorp.

Aether Global Innovations Corp. (AETH) is a defense and securitytechnology company focused on unmanned systems, counter-dronesolutions, and advanced security scanning for critical infrastructureand high-value public and private sites. Aether operates a disciplinedplatform model, acquiring and partnering with proven operators thathave established revenue, intellectual property, and governmentrelationships, then scaling these assets through integration, capitaldeployment, and global distribution. By combining counter-UAVcapabilities, ISR-oriented unmanned systems, and advanced screeningtechnologies, Aether aims to deliver rapidly deployable,mission-focused solutions that enhance the safety, resilience, andoperational awareness of its customers. For more information, visit:www.aethergic.com.

ON BEHALF OF THE AETHER GLOBAL BOARDOF DIRECTORS

Rick Unrau

Chief Executive Officer

(403) 466-4414

Susan Xu

Investor Relations

aetherIR@allianceadvisors.com

Forward-Looking Statements

This news release contains “forward-looking statements” within themeaning of applicable Canadian securities legislation, which are basedon expectations, estimates and projections as of the date of this newsrelease. Forward-looking statements in this news release include, butare not limited to, statements with respect to: the consummation ofthe Proposed Transaction. Forward-looking statements are often, butnot always, identified by words such as “anticipates”,“expects”, “plans”, “intends”, “believes”,“proposes”, “potential”, "scheduled","may", "will", "could","would", "should", "might","project", "estimate", "continue","expect", "intend", "forecast","future", and similar expressions or the negative of theseterms or other comparable terminology. Forward-looking statements arebased on management’s current expectations, assumptions and beliefs,including assumptions regarding: the parties’ ability to completethe Proposed Transaction. Forward-looking statements are subject to anumber of risks and uncertainties including, but not limited to: thatthe Proposed Transaction may not be completed in a timely manner or atall; the failure to satisfy the conditions to the consummation of theProposed Transaction; the ability of Aether or Arion to execute theirrespecting business plans and realize the benefits and opportunitiesfrom the Proposed Transaction; and general economic conditions;industry trends; and regulatory and exchange approvals. Readers arecautioned not to place undue reliance on forward-looking statements,as actual results may differ materially from those expressed orimplied by such statements. Except as required by applicablesecurities laws, the Company disclaims any intention or obligation toupdate or revise any forward-looking statements, whether as a resultof new information, future events, or otherwise.

The Canadian Securities Exchange hasnot reviewed and does not accept responsibility for the adequacy oraccuracy of this release.

Copyright (c) 2026 TheNewswire - All rights reserved.