Edgewater Wireless Expands Dual-Use Momentum with AirMetal MOU for High-Reliability Wireless Applications

(TheNewswire)

Spectrum Slicing™ positioned topower interference-tolerant, high-reliability radios for UAV,robotics, defence and mission-critical markets

March 31, 2026 – TheNewswire - Ottawa, Canada and Santa Clara, USA– Edgewater Wireless Systems Inc.(TSXV: YFI) (OTC:KPIFF), a leader in interference-resilientwireless silicon and Spectrum Slicing™ technology, today announcedthat it has entered into a Memorandum of Understanding (“MOU”)with advanced robotics and unmanned systems group AirMetal Robotics(“AirMetal”) to pursue dual-use wireless opportunities requiringhigh-reliability, interference-tolerant radio performance.

The MOU establishes a framework for the parties toevaluate collaboration opportunities in unmanned systems, robotics,defence, security, public safety, critical infrastructure and otherapplications where resilient wireless connectivity is increasinglymission-critical.

The initiative represents one of several emergingdual-use opportunities now under way as the Company broadens thecommercial opportunities and target markets for its PrismIQ™ siliconand Spectrum Slicing™ architecture beyond traditional Wi-Fi marketsand into high-value, next-generation communicationsplatforms.

“AirMetal brings deep, real-world operationalinsight into how UAVs are deployed at scale—and where today’s RFlinks break down,” said Andrew Skafel, President & CEO ofEdgewater Wireless. “This MOU creates a structured, commerciallygrounded path to explore next-generation, multi-channel communicationsdesigned for high-reliability performance—starting with disciplinedNRE programs and moving toward scalable deployment.”

“We believe the combination of AirMetal’s platform and deploymentinsight with Edgewater’s Spectrum Slicing™ innovation creates ahighly differentiated position in the market,” said Kevin Toderel,CEO, AirMetal Robotics. “Together, we have the potential to advancea new class of sovereign dual-use radios designed to perform whereconventional wireless links fall short—particularly in targeted UAV,robotics, defence and critical infrastructure applications.”

Under the MOU, Edgewater and AirMetal will exploretechnical and commercial opportunities to integrate Edgewater’sinterference-tolerant wireless technology into advanced dual-useplatforms and communications systems.

The timing aligns with a significant expansion inCanadian federal support for domestic semiconductor, aerospace,autonomous systems and defence-related innovation. Recent federalinitiatives, including new defence industrial programs, droneinnovation initiatives and support for Canadian advanced technologydevelopment, are helping accelerate the market opportunity forsovereign, high-performance communications technologies. Edgewaterbelieves these developments strengthen the long-term commercialbackdrop for Canadian companies developing enabling technologies fordual-use and mission-critical applications.

Industry analysts continue to forecast strong growthfor drones and the enabling communications stack. One estimate placesthe global drone market at ~US$73.06B in 2024, projected toreach ~US$163.60B by 20301. A separate marketview values the drone communications segment at ~US$3.6B in 2024,projected to reach ~US$11.6B by 20302, underscoring the scale of opportunity in the connectivitylayer. 

The Company views the AirMetal MOU as strategicallyimportant for three reasons:

1) Expands Edgewater’saddressable market into a rapidly growing, strategically relevantsegment

2) Reinforces the applicabilityof Spectrum Slicing™ in high-reliability environments, beyondconventional broadband deployments

3) Supports Edgewater’s broaderstrategy to position its silicon and IP platform at the centre ofnext-generation wireless architectures for commercial, industrial anddual-use use cases

“This is about broadening Edgewater’s core siliconadvantage into a new, emerging strategic market and is accretive tobroader opportunity,” added Eric Smith, VP Product for EdgewaterWireless. “We are seeing growing interest in wireless systems thatcan maintain performance where conventional architectures begin tobreak down. That creates a compelling opportunity to extend ourplatform into dual-use programs and partnerships with meaningfullong-term value.”

The MOU is non-binding and is intended to supportevaluation of potential collaboration opportunities, includingtechnical integration, product planning, commercial structures andcustomer engagement strategies. There can be no assurance that the MOUwill lead to a definitive agreement, commercial deployment orrevenue-generating relationship. However, management believes the MOUreflects accelerating interest in the Company’s technology indual-use and other high-value wireless markets.

This announcement follows Edgewater’s broader effortsto expand its strategic reach into dual-use applications, reflectingincreasing industry and customer recognition that interferenceresilience, deterministic performance and wireless reliability arebecoming critical design requirements across a widening range ofconnected systems.

About AirMetal Robotics

AirMetal Robotics is a Canadian advanced robotics andunmanned systems company focused on high-performance platforms anddomestic innovation for emerging government, industrial and dual-useapplications.

https://remoterobotic.com/

About Edgewater Wireless

We make Wi-Fi. Better.

Edgewater Wireless delivers unmatched Wi-Fi QoS—barnone—by intelligently mitigating congestion, allocating spectrum inreal time, and autonomously optimizing channel and link density tokeep networks fast, fair, and reliable when it matters most. Theresult is tangible economics for service providers and theircustomers: reduced churn, improved efficiency, and consistentlyhigh-performance connectivity in the most demanding, high-densityenvironments.

Redefining Wi-Fi from the silicon up, Edgewater’spatented, AI-powered Wi-Fi Spectrum Slicing™ platform—deliveredthrough the PrismIQ™ product family—breaks the limitsof legacy Wi-Fi by enabling multiple concurrent channels within asingle band, so more users get more usable capacity without thetypical trade-offs. PrismIQ powers Edgewater’s Wi-Fi 8-readysolution set, designed for Ultra High Reliability and predictableperformance at scale across residential, enterprise, and IndustrialIoT deployments—while delivering 10× performance and up to 50%lower latency, even for legacy devices.

With 26 granted patents, three AI-related patentspending, and a capital-efficient fabless model, Edgewater istransforming the economics of Wi-Fi for service providers, OEMs, andenterprises—powering scalable, standards-leading connectivity forthe next era of global networks. A Silicon Catalyst portfolio company,Edgewater is building the intelligent wireless foundation for thefuture of connectivity.

Visit https://edgewaterwireless.com

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Airmetal Robotics Corporation

Kevin Toderel, President

E kevin@airmetal.com

David Cunningham, CSRO

E David.Cunningham@airmetal.com

Edgewater Wireless Contacts:

Andrew Skafel, President and CEO

E: andrews@edgewaterwireless.com

Bill Mitoulas, Investor Relations

E: ir@edgewaterwireless.com

T: +1.416.479.9547

Forward-LookingStatements

This news release containsforward-looking statements and forward-looking information within themeaning of applicable securities laws.  The use of any of the words"expect", "anticipate", "continue","estimate", "objective", "ongoing","may", "will", "project","should", "believe", "plans","intends" and similar expressions are intended to identifyforward-looking information or statements. Although Edgewater Wirelessbelieves that the expectations and assumptions on which suchforward-looking statements and information are based are reasonable,undue reliance should not be placed on the forward-looking statementsand information because Edgewater Wireless can give no assurance thatthey will prove to be correct.  By its nature, such forward-lookinginformation is subject to various risks and uncertainties, which couldcause Edgewater Wireless’ actual results and experience to differmaterially from the anticipated results or expectations expressed.These risks and uncertainties, include, but are not limited to accessto capital markets, market forces, competition from new and existingcompanies and regulatory conditions.  Readers are cautioned not toplace undue reliance on this forward-looking information, which isgiven as of the date it is expressed in this news release orotherwise, and to not use future-oriented information or financialoutlooks for anything other than their intended purpose.  EdgewaterWireless undertakes no obligation to update publicly or revise anyforward-looking information,whether as a result of new information, future events or otherwise,except as required by law.

NEITHER THE TSXVENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM ISDEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTSRESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

1 Source:  Grand ViewResearch, Drone Market Size,Share & Growth | Industry Report, 2030 (market summary, accessed February 20, 2026). 

2 Source: Research andMarkets, DroneCommunications Market – Global Strategic Business Report (market summary, accessed February 20, 2026).

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