Brampton, Ontario–(Newsfile Corp. – November 27, 2025) – Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) (“Star” or the “Company”) wishes to announce a correction to its October 3, 2025 press release in which it announced that it had signed a Memorandum of Understanding (“MOU”) with Hydrotor Technologies Inc.
The Company that the MOU was signed with is actually Aquagreen Energy Systems Inc. (“Aquagreen”), which owns and has developed the “Hydrotor Technologies” concept — a next-generation magneto-fluidic renewable power system designed for scalable, clean, and continuous energy generation.
Star apologizes for any confusion that this may have caused investors.
About Aquagreen Energy Systems Inc.:
Hydrotor is a clean energy firm that is recognized for its development of a magneto-fluidic generator that operates continuously. The system is capable of producing between 25kW and 1000kW per unit. It has been successfully demonstrated for over three and a half years. See https://beaumierpierre.wixsite.com/ec-technology–resea/en
About Star Navigation Systems Group Ltd.:
Star manufactures the In-flight Safety Monitoring System, STAR-ISMS®, the heart of the STAR-A.D.S.® System. The STAR-A.D.S.® 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.
Forward-Looking Information
Certain statements in this news release may constitute “forward-looking statements”. Forward-looking statements are statements that address or discuss activities, events or developments that Star expects or anticipates may occur in the future.
When used in this news release, words such as “estimates”, “expects”, “plans”, “anticipates”, “projects”, “will”, “believes”, “intends” “should”, “could”, “may” and other similar terminology are intended to identify such forward-looking statements.
Forward-looking statements reflect the current expectations and beliefs of Star’s management. Because forward-looking statements involve known and unknown risks, uncertainties and other factors, actual results, performance or achievements of Star or the industry may be materially different from those implied by such forward-looking statements.
