Star Navigation Announces Successful Completion of Testing of On-Site Prototype for Aquagreen Energy Systems Inc.

Rhea-AI Summary

Star Navigation (OTC:SNAVF) completed on-site prototype testing with Aquagreen between Feb 8–11, 2026, validating integration of Star's monitoring and diagnostics prototype with Aquagreen's Hydrotor generator systems.

Aquagreen completed an MVP of its Hydrotor generator and obtained required system certification, enabling movement toward commercial deployment and planned first commercial units in Toronto. Star will develop a next-generation OEM prototype for real-time performance tracking and diagnostics. Future deployments depend on commercial agreements, production timelines, and market adoption.

Positive

• Prototype integration validated with Aquagreen Hydrotor systems during Feb 8–11, 2026 testing
• Aquagreen completed an MVP and obtained required system certification for the Hydrotor generator
• Planned build-out of initial commercial generator units targeted for launch in Toronto
• Star advancing a next-generation OEM module for real-time monitoring and diagnostics

Negative

• Renewable-energy initiative remains in early commercialization phase with limited near-term revenue visibility
• Future deployments are contingent on commercial agreements and production timelines, creating execution risk

Brampton, Ontario--(Newsfile Corp. - March 9, 2026) - Star Navigation Systems Group Ltd. (CSE: SNA) (CSE:SNA.CN) ("Star" or the "Company") is pleased to announce the successful completion of on-site prototype testing conducted between February 8 and February 11, 2026, in collaboration with Aquagreen Energy Systems Inc. ("Aquagreen"), marking an important milestone in Star's expansion into the renewable-energy sector.

During the testing period, Star and Aquagreen's engineering teams integrated and evaluated Star's initial monitoring and diagnostics prototype on Aquagreen's Hydrotor-based generator systems. The prototype performed as designed and was successfully tested to the satisfaction of the Aquagreen technical team. The joint testing validated system compatibility and confirmed the feasibility of integrating Star's monitoring and intelligence platform into Aquagreen's commercial energy systems.

Aquagreen has also completed development of a minimum viable product ("MVP") of its Hydrotor-based generator platform and has obtained the required system certification. With this certification in place, the generator platform is positioned to move toward commercial deployment.

As Aquagreen proceeds with the build-out of its first commercial generator units planned for launch in Toronto, Canada, Star will advance development of its next-generation OEM prototype. This enhanced module is intended to become an integral component of each Hydrotor-based generator deployed globally, providing real-time performance tracking, diagnostics, and system intelligence capabilities.

This collaboration represents a significant strategic step for Star as it establishes a new non-aviation vertical focused on renewable energy infrastructure. By leveraging its core expertise in monitoring, analytics, and system intelligence, Star is positioning its technology for application in scalable clean-energy platforms with near-term commercialization potential.

While the renewable-energy initiative is in its early commercialization phase, management believes the opportunity could represent a meaningful long-term growth avenue. Future deployments will be subject to commercial agreements, production timelines, and market adoption.

The companies will continue with joint engineering and commercialization efforts as they prepare for broader market introduction of the integrated solution.

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.

Examples of such forward-looking information that may be contained in this news release include statements regarding; growth and future prospects of our business; our perceptions of the industry and markets in which we operate and anticipated trends in such markets; expectations regarding the operation of our app; and our future revenues.

Material factors or assumptions that were applied in drawing a conclusion or making an estimate set out in the forward-looking statements may include, but are not limited to, our ability to execute on our business plan, increase visibility amongst consumers and convert users to revenue producing subscribers and the success of the business of our partners.

Forward-looking statements involve significant uncertainties, should not be read as a guarantee of future performance or results, and will not necessarily be an accurate indication of whether or not such results will be achieved.

Should one or more of these factors or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.

Accordingly, readers should exercise caution in relying upon forward-looking statements and Star undertakes no obligation to publicly revise them to reflect subsequent events or circumstances, except as required by law.

NEITHER CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE CANADIAN SECURITIES EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Please visit www.star-navigation.com or contact
Mr. Randy Koroll, CEO at 1-416-252-2889 #228 or randy.koroll@star-navigation.com

SOURCE: Star Navigation Systems Group Ltd.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287749

FAQ

What did Star Navigation (SNAVF) announce about prototype testing with Aquagreen on March 9, 2026?

Star reported successful on-site prototype testing with Aquagreen conducted Feb 8–11, 2026, validating system compatibility. According to the company, the monitoring and diagnostics prototype performed as designed and satisfied Aquagreen's technical team, enabling further joint development.

Has Aquagreen achieved any certification or product milestones for the Hydrotor generator (related to SNAVF news)?

Yes. Aquagreen completed a minimum viable product and obtained the required system certification for the Hydrotor generator. According to the company, this certification positions the platform to move toward commercial deployment.

What are Star Navigation's next steps for its OEM module following the Aquagreen tests (SNAVF)?

Star will advance development of a next-generation OEM prototype intended for Hydrotor generators. According to the company, the module aims to provide real-time performance tracking, diagnostics, and system intelligence for deployed units.

Where will Aquagreen's first commercial Hydrotor generator units be launched and what is the timeline (SNAVF)?

The first commercial generator units are planned for launch in Toronto, Canada. According to the company, build-out is planned as the platform moves toward commercial deployment, subject to production timelines and agreements.

Does the March 9, 2026 announcement indicate immediate commercial revenue for Star Navigation (SNAVF)?

No. The announcement indicates early commercialization with future deployments contingent on agreements and timelines. According to the company, commercialization is progressing but near-term revenue is not guaranteed.

How does the collaboration with Aquagreen change Star Navigation's business focus (SNAVF)?

The collaboration establishes a new non-aviation vertical for renewable energy infrastructure for Star. According to the company, it leverages Star's monitoring and analytics expertise for scalable clean-energy platforms with commercialization potential.