2025 YEAR REVIEW

LETTER FROM THE CHIEF EXECUTIVE OFFICER

Dear Aeros Shareholders and Partners,

For decades, the promise of cargo airship technology captured imagination but fell short of execution. In 2025, we changed that narrative. We transformed Aeros from an advanced engineering organization into an enterprise built not only on innovation, but on long-term vision, operational discipline, and durability.

Over the course of the year, we achieved milestones that fundamentally repositioned the Company. We chose patience over haste, durability over headlines, and execution over speculation.

We advanced FAA-recognized operating frameworks that bring airship-enabled logistics into real-world applications. We progressed our electric Variable Buoyancy Airship (eVBA) ML806 and ML866 into manufacturing readiness. We strengthened the governance, reporting, and control foundations required to operate on a global scale. These were not symbolic achievements; they were structural ones.

As we look ahead, the opportunity before Aeros is extraordinary. Infrastructure is increasingly congested. Sustainability is no longer optional. At the same time, demand for fast, infrastructure-independent, zero-emission logistics continues to accelerate across commercial, industrial, and strategic sectors. Aeros sits at the intersection of these forces with capabilities that are rare, defensible, and increasingly essential.

Entering 2026, we do so with momentum, clarity, and confidence. The transition to commercial deployment is now a tangible near-term reality. Executing what lies ahead will require continued focus, ambition, and thoughtful capital planning.

I want to express my sincere appreciation to our shareholders and partners, many of whom have supported Aeros through years of development, challenge, and persistence. Your conviction, collaboration, and long-term alignment have helped carry this company to a point few ever reach.

I remain available to engage personally with you, and I welcome thoughtful conversations about Aeros’ progress, strategy, and the road ahead.

What lies ahead is not incremental. Aeros is positioned to redefine how goods move across cities and continents.

Thank you for believing in this mission, for standing with us through its evolution, and for sharing in the ambition of what Aeros is becoming.

With resolve and optimism,

Igor Pasternak

Chief Executive Officer

As we reflect on 2025 accomplishments, we look forward to continuing our journey toward reshaping the future of goods transportation and creating a sustainable, efficient, and revolutionary logistics solution. We are proud to share some of our Most 2025 Milestones.

JANUARY 20, 2025

INSTITUTIONAL MOU SIGNED WITH GLOBAL INVESTOR

We’re proud to share that Aeros has signed a Memorandum of Understanding with a major global institutional investor. While the terms remain confidential, the agreement reflects strong conviction from a sophisticated capital partner, long-term alignment with our equity strategy, and international recognition of our category-defining role in logistics. This marks a major milestone in our capital formation strategy as we scale operations and prepare for public listing.

FEBRUARY 10, 2025​

MANIFEST 2025​

COMMERCIAL INTEREST CONFIRMED.

At Manifest 2025, a leading global logistics conference, Aeros engaged with major 3PLs, retailers, and freight providers. Over 40 development meetings were conducted, including pilot program discussions with large retailers. Market response strongly validated demand for infrastructure-free, zero-emission, rapid fulfillment solutions.​

MARCH 5, 2025

AEROSTAT FABRICATION TECHNOLOGY

Aeros signed an agreement with Dron Vayu, a leading Indian UAV manufacturer, enabling the transfer of Aeros aerostat fabrication technology. Leveraging over 30 years of lighter-than-air expertise, this partnership expands Aeros’ technology footprint in India and supports new global applications.

APRIL 12, 2025

NEW MULTI-MILLION DOLLAR PARCEL DELIVERY AGREEMENT SIGNED.

Aeros has signed a multi-million-dollar agreement to initiate commercial parcel delivery using our AFC platform, combining advanced airship systems with drone deployment technology. This milestone validates commercial demand for our infrastructure-free delivery solution, initiates revenue-generating operations, and establishes a foundation for scalable, recurring parcel delivery services. The contract signals growing trust from the market in our ability to offer fast, zero-emission fulfillment at scale.

MAY 15, 2025

CARGO COMPARTMENT

We completed the construction of its eVBA Cargo Bay Iron Bird, a critical step toward commercial deployment of eVBAs. This advanced testing platform validates the cargo handling systems of the airships, supporting a wide range of customer needs, including packages, pallets, bulky, high-value cargo, humanitarian aids, military equipment, and commercial goods.

MAY 25, 2025

INSTITUTIONAL VISIBILITY RISES VIA NATIONAL FINANCIAL MEDIA.

Aeros has recently been featured across leading investment and financial news platforms. This coverage broadens our investor visibility and our leadership in next-gen logistics.

JUNE 4, 2025

BOARD OF DIRECTORS WITH THE MOST RESPECTED FIGURES IN U.S. POLICY.

Dr. Anthony Tether, former and longest-serving Director of the Defense Advanced Research Projects Agency (DARPA). has held senior roles across government, industry, and academia, bridging cutting-edge research with operational deployment.

“I’ve followed the evolution of this technology since our early DARPA days. Aeros is now at the cusp of delivering real-world solutions that redefine strategic and tactical logistics. It’s time to help bring that vision to full scale.”

General Raymond Johns (Ret.), former Commander of U.S. Air Mobility Command. With decades of experience orchestrating the movement of personnel and cargo on a global scale, Gen. Johns brings unparalleled insight into large-scale aerial logistics operations, military mobility strategy, and government readiness planning.

“Our nation’s logistics infrastructure, especially for the military, needs modernization. Aeros brings a platform that’s scalable, strategic, and mission-ready. I’m excited to guide their efforts as they move from prototype to operational capability.”

Hon. Mark Sanford, former U.S. Congressman and Governor of South Carolina, now CEO of a private last-mile logistics company.

“I’ve worked on both sides of the logistics equation—from federal infrastructure policy to e-commerce fulfillment. What Aeros offers is a game-changer in all logistics needs, from humanitarian aid to commercial.”

JUNE 28, 2025

FAA-CERTIFIED DRONE PILOTS ONBOARD

Aeros engineers are now FAA-certified under Part 107, authorizing them to execute commercial drone deliveries from our Airborne Fulfillment Center (AFC).

This certification is a critical milestone in enabling safe, compliant drone operations launched directly from our airborne hubs.

JULY 16, 2025

INTELLECTUAL PROPERTY EXPANSION

Initiating the Patent process for multiple inventions spanning critical technology and reinforcing long-term enterprise value.

Airship-Drone Distribution System, covering integrated systems and operational methods for deploying, coordinating, and recovering drones from an airborne airship platform for logistics and parcel distribution.

The importance of this innovation is strategic. By protecting the integrated system architecture rather than individual components, Aeros establishes a defensible position around how airborne hubs can be safely and legally operated.

Modular Airship Structure, design approach that enables scalable manufacturing, and accelerates production timelines. These innovations support the Company’s ability to expand production without linear increases in cost or complexity.

By protecting its manufacturing methods, Aeros not only safeguards proprietary know-how but also reinforces barriers to entry that are difficult to overcome without significant time, capital, and expertise.

Cargo Management and Cargo Handling Systems, covering onboard cargo storage, handling, loading, unloading, and automated payload management for diverse mission profiles.

Protecting these systems ensures that competitors cannot easily replicate the operational capabilities that make eVBA platforms economically superior to helicopters or fixed-wing aircraft in heavy-lift and remote-access scenarios.

H₂O (Water Generation and Management) System, covering a novel hydrogen-based water generation and management technology supporting variable buoyancy control, operational efficiency, and sustainable flight operations.

JULY 30, 2025

MOU WITH CELESTIA – AIRSHIP EXPEDITION TOURS

We are excited to announce a new Memorandum of Understanding with Celestia to launch luxury airship expedition tours utilizing the Aeroscraft. Airships offer a one-of-a-kind travel experience that combines comfort, smoothness, and unmatched panoramic views with minimal infrastructure needs. Imagine gliding over glaciers or breathtaking landscapes in complete elegance. This collaboration aims to set a new standard for luxurious, sustainable adventure tourism.

AUGUST 2 , 2025

SPIDER GROUND VEHICLE – AUTOMATED MOORING SYSTEM

We have advanced the production of our Spider Ground Vehicle, an automated mooring system designed to minimize the ground crew required for airship landing operations. This innovation marks a key step in reducing operational costs and improving safety, bringing practical scalability to the future of airship operations.

AUGUST 20, 2025

INTELLIGENT MANUFACTURING

Aeros advanced the integration of robotic arm systems for fabrication and assembly operations, enabling higher precision, repeatability, and cycle-time control while reducing manual variability. Manufacturing layouts and throughput models were validated to support production capacity of up to 36 eVBA units per single modular assembly line annually, providing a clear foundation for multi-line expansion.

SEPTEMBER 4, 2025

GLOBAL AVIATION MEDIA

Strong international media attention, led by Flight Global, the world’s top aviation publication, which recently featured our progress on the airship-drones package delivery system.

SEPTEMBER 10, 2025

ENGAGEMENT WITH GLOBAL ENERGY INFRASTRUCTURE STRATEGIC PARTNERS

Strong international media attention, led by Flight Global, the world’s top aviation publication, which recently featured our progress on the airship-drones package delivery system.

SEPTEMBER 23, 2025

SUCCESSFUL TEST OF EVBA CARGO MANAGEMENT SYSTEM

We’ve successfully integrated and tested a functional mockup of the Cargo Bay Handling System for our electric variable buoyancy airship (eVBA). With this milestone achieved, the cargo bay test platform is now ready to support customer-specific demonstrations, allowing partners to verify how their cargo will fit, interface, and be handled within the eVBA platform prior to flight operations.

OCTOBER 3, 2025

SKY DRAGON AIRSHIP MANUFACTURING PROGRESS

Production of the Sky Dragon airship has reached the final pre-inflation phase. The 40E Sky Dragon will serve as a pivotal platform for demonstrating airship applications to business partners and for pilot training. This milestone represents an important step in building the airship industry and providing broad services, from training to operational deployment

OCTOBER 27, 2025

eVBA ML806 AND ML866 DEVELOPMENT PROGRESS

During 2025, Aeros advanced the engineering development of its electric Variable Buoyancy Airship (eVBA) platform, with focused progress on both the ML806 and ML866 (66-ton payload) configurations. Activities concentrated on variable buoyancy control architecture, including lift gas management, and closed-loop flight stability systems enabling modular scaling from ML806 to ML866.

In parallel, Aeros advanced manufacturing readiness through the definition of modular assembly processes, tooling concepts, and production workflows aligned with rate-based scale-up.

NOVEMBER 4, 2025

HYDROGEN COMBUSTION TECHNOLOGY

The company made progress on flameless hydrogen combustion systems, supporting the development of fully electric, zero-emission airships and reinforcing Aeros’ leadership in sustainable aviation.

In parallel, Aeros advanced manufacturing readiness through the definition of modular assembly processes, tooling concepts, and production workflows aligned with rate-based scale-up.

NOVEMBER 10, 2025

STRATEGIC PARTNERSHIPS

Aeros advanced engagement with major Indian infrastructure company, focused on deploying the 66-ton eVBA for transporting high-voltage transmission tower components. Joint planning continues toward a pilot deployment supporting India’s renewable energy expansion.

DECEMBER 2, 2025

CARGO AIRLINE PARTNERSHIP PROGRAM

Aeros Announces Cargo Airline Operators Partnership Program; Global Cargo Airlines Express Early Interest

Aeros has received strong interest from cargo airlines in the ML866 66-ton payload, driven by its ability to address capacity gaps left by the planned discontinuation of large freighter aircraft such as the Boeing 777. As major aircraft manufacturers scale back production of high-payload cargo planes, air cargo operators face growing uncertainty around long-term fleet availability and network capacity.

In response, Aeros has initiated active engagement with cargo airlines across the Americas and Europe and plans to expand operator partnerships into Asia in 2026, positioning the Aeroscraft as a next-generation, zero-emission solution for high-volume and oversized cargo operations.

AIRBORNE FULFILLMENT CENTER CONOPS SUBMITTED TO THE FAA

Following receipt of a Memorandum of Technical Assistance from the FAA, Aeros submitted the final version of its AFC Concept of Operations. This submission positions Aeros as the only company actively advancing an FAA-recognized operational framework for drone-based parcel delivery from an airborne platform.

Aeros reduced approval risk by advancing FAA-recognized operating concepts rather than relying on temporary exemptions. The submission of the Airborne Fulfillment Center Concept of Operations, combined with internal FAA Part 107 certification, embedded regulatory competence within the organization and created barriers to entry for competitors.

DECEMBER 20, 2025

POTENTIAL PUBLIC OFFERING

Aeros advanced its preparation for a potential Regulation A Tier 2 offering by completing key operational, financial, and governance milestones required for SEC submission. Any offering would be subject to SEC review and qualification, with ongoing reporting obligations upon approval. Management views Regulation A as both a capital-raising pathway and a step toward institutional and public-market readiness. Preparatory efforts included a successful “Testing the Waters” campaign generating over 3,700 investor indications of interest, completion of audited GAAP financial statements, and engagement of a transfer agent.

IMPORTANT NOTICE AND FORWARD-LOOKING STATEMENTS DISCLAIMER

This Shareholders Achievement Report (the “Report”) has been prepared for informational purposes only to provide existing shareholders and other interested parties with a general overview of the business, operations, and strategic progress of Aeros Corp. (“Aeros,” the “Company”). This Report does not constitute an offer to sell, or a solicitation of an offer to buy, any securities of the Company, nor shall any securities be offered or sold except pursuant to an offering statement or offering circular that has been qualified by the U.S. Securities and Exchange Commission (the “SEC”) or pursuant to an applicable exemption from registration.

Certain statements contained in this Report constitute “forward-looking statements” within the meaning of applicable federal securities laws. Forward-looking statements include, but are not limited to, statements regarding the Company’s plans, strategies, objectives, anticipated timelines, manufacturing scale-up, commercialization, regulatory approvals, capital-raising activities, potential participation in public markets, including any references to a possible initial public offering, and expected future performance. Forward-looking statements are based on management’s current expectations, assumptions, and beliefs, and are subject to known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied by such statements.

These risks and uncertainties include, without limitation, risks related to technological development, manufacturing execution, regulatory approvals and compliance, market adoption, competitive dynamics, availability of capital, macroeconomic conditions, supply chain constraints, and the Company’s ability to execute its business plan. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this Report. The Company undertakes no obligation to update or revise any forward-looking statements to reflect events or circumstances after the date of this Report, except as required by law.

This Report may reference the Company’s preparation of, or intention to file, an offering statement under Regulation A of the Securities Act of 1933, as amended. Any such offering, if commenced, will be made only by means of an offering circular filed with and qualified by the SEC. The information contained in this Report is not intended to be, and should not be construed as, investment advice, legal advice, or a recommendation regarding any securities transaction.

References to regulatory approvals, certifications, or interactions with governmental agencies are provided for informational purposes only and do not constitute assurances of future approvals or outcomes. Similarly, references to discussions with potential commercial partners, financial institutions, or capital providers do not constitute commitments or guarantees of future transactions.

This Report may include summaries or descriptions of the Company’s technology, products, intellectual property, or market opportunities that are general in nature and do not purport to be complete. For a more complete description of the Company, its business, risks, and financial condition, readers should refer to the Company’s filings with the SEC, including any offering circular filed under Regulation A, when available.

Founded in 1987, Aeros Corporation is a U.S.-based aerospace and defense company specializing in the design, certification, and production of advanced airships and aerostats. With a track record of successful collaborations with the U.S. Department of Defense, NASA, and DARPA, Aeros is pioneering next-generation solutions for global cargo transport, emergency response, and strategic logistics. For more information about Aeros, visit www.Aeroscraft.com.