Aether Global Innovations Provides Clarifying Disclosures Respecting Status of Arion Transaction

(TheNewswire)

Vancouver, B.C. – TheNewswire - January 22, 2026 –Aether Global Innovations Corp. (CSE: AETH) (OTC: AETHF) (Frankfurt:4XA WKN# A2N8RH) (“AetherGlobal”, “AGI”, or the“Company”), a drone management and automation company, todayclarifies that it has not completed its previously announcedacquisition of Arion Defense Inc. (“Arion”) and thatthe proposed transaction remains at the letter of intent stageonly.

As disclosed in the Company’s news release datedDecember 10, 2025 , the Company entered into an arm’s length letterof intent (the “LOI”) with Arion , which contemplates apotential acquisition of Arion in consideration for an aggregate of20,156,994 common shares of the Company at a deemed issue price of$0.36 (the “ProposedTransaction”). Other than certain customaryprovisions, the LOI is non-binding and does not constitute adefinitive agreement. Completion of the Proposed Transaction remainssubject to a number of conditions, including, without limitation, thenegotiation and execution of definitive documentation, completion ofdue diligence to the satisfaction of the parties and receipt of allrequired corporate, regulatory, and Canadian Securities Exchange (the“Exchange”) approvals. There can be no assurance that the ProposedTransaction will be completed on the terms contemplated in the LOI orat all. The Company wishes to clarify that, as of the date hereof, itdoes not have any active business operations or operating assets andthe statements in the “About Aether Global Innovations Corp.”section of the Company’s news releases should not be interpreted asindicating that the Company is currently engaged in ongoing businessactivities, other than activities related to identifying and pursuingpotential operating company acquisitions or lines of business.Furthermore, should the parties proceed to negotiate and execute adefinitive agreement in respect of the Proposed Transaction, suchtransaction would constitute a “Fundamental Change” under Policy 8of the Canadian Securities Exchange and would therefore be subject toadditional requirements, including, but not limited to, the approvalof the Exchange and the approval of the Company's shareholders.The Company will provide further updates as appropriate in accordancewith applicable securities laws and Exchange policies.

Arion is a security-focused company pursuingopportunities related to counter-drone technologies and a footwearscanning platform. Any disclosure regarding Arion’s participationinterests, anticipated trials, potential contracts, orcommercialization timelines is based on information provided by Arionand involves third-party relationships and actions outside the controlof the Company. Such matters remain prospective in nature and subjectto material risks and uncertainties. Arion has also disclosed that itholds an exclusive patent license from Pacific Northwest NationalLaboratory (PNNL) relating to a footwear screening platform. TheCompany cautions that no assurance can be given that such technologywill be successfully commercialized, achieve regulatory acceptance, orgenerate revenues.

The Company cautions investors not to place unduereliance on information related to the Proposed Transaction, as itremains subject to further negotiation and conditions. The Companydoes not intend to provide further updates unless a definitiveagreement is entered into, the LOI is terminated, or disclosure isotherwise required in accordance with applicable securitieslaws.

About Aether Global Innovations Corp.

Aether Global Innovations (AETH) is an innovative UAVdrone management and operations services company that focuses in threeareas for critical infrastructure and large public and privatefacilities. These three areas include (i) drone and counter-dronesolutions and surveillance monitoring, (ii) automation and integrationfor flight planning, new, innovative sensor payloads, stand-alonepower source and (iii) drone base station infrastructure andtechnology for autonomous self-landing, power charging, and take off.www.aethergic.com  

ON BEHALF OF AETHER GLOBAL BOARD OFDIRECTORS  

Rick Unrau, CEO

Aether Global Innovations Corp.

(403) 466-4414

Forward-Looking Statements

This news release contains “forward-lookingstatements” within the meaning of applicable Canadian securitieslegislation, which are based on expectations, estimates andprojections as of the date of this news release. Forward-lookingstatements in this news release include, but are not limited to,statements with respect to: the consummation of the ProposedTransaction; the terms and conditions of the Proposed Transaction, thedefinitive agreement and Arion’s business, plans and projections.Forward-looking statements are often, but not always, identified bywords 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 orthe negative of these terms or other comparable terminology.

These forward-looking statements are subject to anumber of risks, uncertainties and assumptions, including, but notlimited to: that the Transaction may not be completed in a timelymanner or at all; the failure to satisfy the conditions to theconsummation of the Proposed Transaction, including the negotiationand execution of a definitive agreement; the occurrence of any event,change or other circumstance that could give rise to the terminationof the LOI or definitive agreement; the effect of the announcement orpendency of the Proposed Transaction on the Company's orArion's business relationships, operating results and businessgenerally; risks that the proposed Proposed Transaction disruptscurrent plans and operations of the Company or Arion; the inability torecognize the anticipated benefits of the Proposed Transaction, whichmay be affected by, among other things, competition, the ability ofthe combined company to grow and manage growth profitably, and retainits key employees; costs related to the Proposed Transaction; theability of the Company or Arion to execute their respecting businessplans; general economic conditions; industry trends; and regulatoryand exchange approvals. Readers are cautioned not to place unduereliance on forward-looking statements, which speak only as of thedate made. The Company disclaims any intention or obligation to updateor revise any forward-looking statements, whether as a result of newinformation, future events or otherwise, except as required bylaw.

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

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