AATI flight trials commence and additional orders received

Dear Investor

Please see our announcement to the market this morning regarding the continued strengthening of our relationship with AATI is the US. Flight trials of our 150HFE on their AiRanger UAV are now underway and our engine is exceeding customer expectations.

A further engine order has been received as AATI scale their operations which are focussed on long-range, long duration ISR (Intelligence, Surveillance & Reconnaissance) operations for the US Government.