Press Release

The company’s name change and move align with its commitment to innovation and goal of achieving carbon-free flight with the Stellar Jet.

Issued by Stellar Aircraft Inc..

January 7, 2025

Sirius Aviation is thrilled to share some monumental news as it ushers in a new chapter for the company! Sirius Aviation is transforming into Stellar Aircraft, and with this transformation, the Swiss aviation startup is officially moving its headquarters to the United States, while proudly maintaining its strong presence in Switzerland.

This pivotal shift marks a dynamic new era for the company, with an expanded global footprint and a renewed commitment to innovation and sustainability.

Here are the key developments that will define Stellar Aircraft in 2025:

- Relocation to the USA: The company is transitioning its legal registration to the United States, officially becoming a Delaware-based company. This move positions it at the heart of the global aviation industry, where many of its key partners, clients and suppliers operate. Stellar's Swiss office will continue to serve as a vital hub for supporting global operations and ensuring seamless collaboration worldwide.

- Manufacturing start of the Stellar Jet: Today, January 7, 2025, marks an exciting milestone for Stellar Aircraft as it officially begins the manufacturing of the Stellar Jet, the world's first hydrogen-powered business jet with VTOL (vertical take-off and landing) capabilities. Stellar has carefully selected a trusted contractor with proven expertise and ambitious vision to lead this crucial phase of development. The company's ultimate goal is to unveil the flying demonstrator of the Stellar Jet in June 2025, showcasing its revolutionary technology and redefining the future of sustainable aviation.

- Launch of an innovative hydrogen fuel tank: In February 2025, Stellar will reveal the results of performance validation tests for its proprietary hydrogen fuel tank. This groundbreaking technology exceeds industry benchmarks in energy density, safety and efficiency, paving the way for hydrogen-powered flight and advancing the path toward sustainable, carbon-free aviation.

This strategic step opens numerous opportunities for Stellar Aircraft, as the United States remains its key market. The name “Stellar Aircraft” reflects greater potential for the company, offering flexibility and alignment with its vision for innovation and leadership in the aviation industry.

As the world accelerates its transition to net-zero emissions, Stellar Aircraft is proud to lead the way with cutting-edge technologies and transformative solutions.