Star Nav Sys Grp Stock Price, News & Analysis

Star Navigation (OTC:SNAVF) closed a non-brokered private placement on October 10, 2025, issuing 47,500,000 units at $0.01 per unit for gross proceeds of $475,000.

Each unit comprises one common share and one warrant; each warrant entitles the holder to buy one common share at per share (five cent exercise price) and is exercisable for 5 years. All issued securities and any shares from warrant exercises are subject to a 4-month statutory hold. Net proceeds will be used for working capital, and to fund further development, sales and marketing of the Star-A.D.S. system.

Star Navigation (OTC:SNAVF) announced on October 3, 2025 it signed a Memorandum of Understanding with Hydrotor Technologies to explore integrating Star's live performance data analytics, diagnostics and satellite services with Hydrotor's renewable generators.

The MOU is non‑binding and establishes a framework to negotiate product specifications, pricing, logistics and communications toward a potential commercial agreement. Hydrotor is also in advanced talks with business groups and governments across Asia, Europe, and Africa for generator sales, reflecting international interest in decentralized renewable power amid rising electricity demand and aging grid infrastructure.

Star Navigation Systems (CSE: SNA) has completed a shares for debt transaction, issuing 121,570,000 units at $0.005 per unit, reducing the company's debt by $607,850. Each unit comprises one common share and one warrant, with warrants exercisable at $0.05 per share over a 5-year period.

The securities are subject to a four-month hold period, and proceeds will support working capital needs, particularly for operations, sales, and marketing of the Star-A.D.S.® system.

Star Navigation Systems Group Ltd. (CSE: SNA) has received a Letter of Interest (LOI) from an unnamed clean energy innovation company to potentially integrate Star's monitoring technology into next-generation power generation systems. The collaboration discussions focus on incorporating Star's real-time performance monitoring, anomaly detection, and intelligent alerting capabilities into proprietary stationary electric power generators.

The clean energy partner is developing a magneto-fluidic generator capable of producing 25kW to 1000kW of power without requiring fuel, batteries, or solar input. This system has been successfully demonstrated for over 3.5 years and is currently in the homologation and pre-commercialization phase.

This strategic move represents Star's expansion beyond its traditional aviation focus, targeting faster commercialization opportunities and potential recurring revenue streams. The companies are now working toward a Memorandum of Understanding (MOU) as the next step toward a comprehensive commercial agreement.

Star Navigation Systems Group Ltd. (CSE: SNA) has formed a strategic partnership with CanKen Capital Group Inc. to pursue a mandate for implementing their STAR-ISMS® System in Kenya and 13 other countries under DGCA Kenya - Region #1. The target market includes approximately 300 operational aircraft and an estimated 250 aircraft on order in this African region.

The partnership aims to establish Star's aviation system as a mandated requirement in these territories, which would enhance the company's credibility and competitive advantage globally. CanKen will serve as consultants to facilitate the adoption of STAR-ISMS® technology, focusing on aviation oversight, safety, and real-time operational transparency.

Star Navigation Systems Group (CSE: SNA) announced the resignation of Ms. Pawandeep Athwal from its Board of Directors, effective February 16, 2025. Ms. Athwal served the company for nearly five years, notably helping navigate through the COVID pandemic and bankruptcy process in early 2020. Randy Koroll, Director & CEO, expressed gratitude for her contributions to the company during her tenure.

Star Navigation Systems Group (CSE: SNA) has completed a shares for debt transaction, issuing 89,505,600 units at $0.005 per unit, reducing debt by $447,528. Each unit comprises one common share and one warrant, with warrants exercisable at $0.05 per share over a 5-year period.

The securities are subject to a four-month statutory hold period. Proceeds will support working capital needs, specifically for operations development and sales/marketing initiatives for the Star-A.D.S.® system.

Star Navigation Systems Group and ProAce Business Solutions have updated their August 2024 joint venture announcement, 'PROACE STAR INDIA PRIVATE ,' aimed at transforming India's aviation and railway sectors. The initiative addresses significant challenges in India's growing transportation industry, including a 36% increase in airline passengers since 2022 and plans for expanding from 148 to 230 airports by 2030 with $15 billion in government investment.

The venture will introduce the Star In-Flight Safety Monitoring System (STAR-ISMS®), featuring AI-enhanced real-time monitoring capabilities. The project aligns with India's 'Make in India' vision, promoting local innovation and manufacturing, backed by over $85 million in research and development investment.