Star Navigation signs Saudi Arabia commercialization, manufacturing partnership for aviation technologies

• Star Navigation Systems Group entered a strategic regional partnership to commercialize its aviation technologies in Saudi Arabia via a local special-purpose company.
• Agreement took effect March 7, 2026, granting exclusive Saudi rights, subject to terms and existing obligations, with a Riyadh manufacturing and support site planned.
• Profit-sharing set at 50% of net profit from covered Saudi activities, with a five-year initial term and renewal provisions.
• Star keeps existing intellectual property; future developments under the deal to be jointly owned 50-50 with the Saudi entity.
• Saudi partner to fund implementation and pursue incentives aligned with Vision 2030; execution depends on incorporation, financing, approvals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Star Navigation Systems Group Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 202609080700NEWSFILECNPR____20260908_313301_1) on September 08, 2026, and is solely responsible for the information contained therein.