Adacel awarded new FAA contract for TSS System Software and Support

Adacel Technologies Limited, an industry leader in advanced Air Traffic Management (ATM) and Air Traffic Control (ATC) simulation and training solutions, announces a new contract award from the Federal Aviation Administration (FAA). The contract, a Firm Fixed Price (FFP) Indefinite Delivery Indefinite Quantity (IDIQ) contract, includes a one-year Base Period and four, one-year Option Periods. Under this contract, Adacel will provide ATC Tower Simulation System (TSS) Software and Support Services for technical and operational training of Air Traffic Controllers at selected FAA Air Traffic Control Towers (ATCTs). Adacel estimates the total value of the contract over its five-year duration to be USD$6.7 million contingent on
the optional years exercised.

Speaking about the award, Daniel Verret, Adacel’s CEO states, “As the FAA TSS software Original Equipment Manufacturer (OEM), we are thrilled with the confidence the Federal Aviation Administration continues to place in our team, products, and services. Adacel consistently improves the performance of its ATC simulation software, while maintaining the highest levels of availability and reliability. We look forward to successfully supporting the FAA TSS software and deploying our latest ATC training software solutions to the FAA.”

The comprehensive scope of the awarded contract includes TSS software support andmaintenance plus options to update the TSS simulation engine, speech recognition software and migrate the FAA’s current Image Generator to AeroScene, Adacel’s latest and state-of-theart image generator solution.

“We are fully committed in supporting the FAA to successfully recruit, train, and enhance the skills of Air Traffic Controllers at critical National Airspace System (NAS) terminal facilities and ensure each day is a training day with Adacel’s high-performing simulation and training solutions,” continues Mr. Verret.

This contract reaffirms Adacel’s industry leadership and ongoing collaboration with the FAA, spanning over two decades. By delivering industry-leading technology and solutions, Adacel remains committed to advancing air traffic control simulation and training systems for the
benefit of the aviation industry.

This contract award has already been included in the Company’s forecasts. There are nomaterial conditions that need to be satisfied before the contract becomes legally binding.