NEWS RELEASE

Aeriosense Technologies Awarded Unmanned Aerial BVLOS Contract

VANCOUVER, B.C., MAY 16, 2019— Aeriosense Technologies Inc. announced today that LOOKNorth, the Canadian Centre of Excellence for Commercialization and Research for remote sensing innovation, has awarded strategic project funding to Aeriosense Technologies for the acceleration of UAS-based beyond visual line of sight (BVLOS) operations. Aeriosense Technologies will perform a series of proof of concept trials with a leading utilities operator to provide regulators and industry stakeholders with operating experience and data to validate BVLOS operations across a range of application scenarios.

"Our vision is to integrate drones into the operational workflow of all infrastructure inspections, and BVLOS is a key element to achieving this goal," said Alex Babakov, CEO of Aeriosense Technologies. "We are honoured to have been chosen for this critical project and to be working with our partners to support this opportunity."

“Aerosense’s approach to the inspection of vertical assets such as power transmission infrastructure has significant safety and cost benefits for utilities when combined with BVLOS operations. This project will advance the business case and implementation strategy by the utility sector,” said Paul Adlakha, Managing Director of LOOKNorth. “In partnership with Unmanned Systems Canada, our objective is to advance BVLOS operations in Canada by demonstrating strong economic impacts and benefits to Canada of BVLOS operations, showcasing low risk operational applications, and delivering relevant safety data to advance the regulatory environment that enables BVLOS.”

For more information, visit www.aeriosense.com

About Aeriosense Technologies Inc.

Aeriosense Technologies provides enterprise drone software and services for infrastructure inspections. With a focus on the integration of autonomous flight navigation, condition assessment and data analysis, Aeriosense’s technology is demonstrating improved safety, cost reduction, outage and liability prevention in a number of key market segments. The company is based in Vancouver, Canada. www.aeriosense.com

About LOOKNorth

LOOKNorth is C-CORE’s Centre of Excellence for Commercialization and Research (under Canada’s Networks of Centres of Excellence program) . LOOKNorth’s Investment Program fosters and supports innovation in remote sensing technologies and applications, assists Canadian satellite SME’s to define and successfully execute missions relevant to industry and communications, fosters advances in Canada’s UAS sector – particularly Beyond Visual Line of Sight (BVLOS) operations, and helps build capacity in remote sensing technologies and services in Canada’s North. www.looknorth.org

Media Contact

Steven Hua

778-709-7496

stevenhua@aeriosense.com