Announcement • Aug 19
Rocket One Launches Swarm Stage Ai Drone-Swarm Threat-Emulation Platform for U.S. Military Counter-Uas Rocket One Inc. announced the launch of Swarm Stage AI, a large-scale drone-swarm threat-emulation platform being made available to U.S. military and defense organizations for counter-unmanned aircraft system training, testing and evaluation. Swarm Stage AI is built upon commercially proven swarm-coordination technology that has been used to coordinate thousands of synchronized aircraft. Rocket One is adapting this technology to create realistic, repeatable, and scalable adversarial drone-swarm scenarios designed to help defense organizations train personnel and evaluate technologies against the growing threat posed by coordinated unmanned aircraft. Swarm Stage AI is available to the U.S. military and broader defense community for capabilities briefings, demonstrations, testing and evaluation. The underlying Swarm Stage technology was developed to coordinate large numbers of aircraft simultaneously and includes a library of more than 2,500 field-tested formations and flight assets. Swarm Stage AI is adapting coordination architecture for defense applications, including the creation and execution of multi-drone threat scenarios that could be used to evaluate counter-unmanned aircraft system technologies and train personnel against increasingly complex aerial threats. The platform's capabilities include: Large-Scale Swarm Coordination — Technology derived from a platform with experience coordinating thousands of synchronized aircraft. AI Threat Builder — Designed to translate defined threat scenarios into coordinated multi-drone behaviors. 3D Mission Preview — Enables swarm scenarios to be visualized and reviewed before flight. Custom Threat Scenarios — Enables new swarm configurations and flight scenarios to be developed for specific training and testing requirements. Counter-unmanned aircraft system Training and Evaluation — Designed to provide representative drone-swarm scenarios against which detection, tracking and counter-unmanned aircraft system technologies can be evaluated. U.S. Based Development — Swarm Stage AI is designed, developed, and operated in the United States. The proliferation of inexpensive unmanned aircraft and increasingly coordinated drone operations is creating new challenges for military forces and critical infrastructure. Rocket One believes that developing effective counter-unmanned aircraft system capabilities requires not only improved detection and defensive technologies, but also realistic environments in which those systems can be repeatedly tested against coordinated multi-drone scenarios. Swarm Stage AI is designed to provide the adversarial swarm environment against which counter-drone systems can train and be evaluated. Potential applications include evaluating radar and sensor systems, drone detection and tracking technologies, command-and-control systems, counter-unmanned aircraft system technologies and operational responses to coordinated drone incursions. Rocket One is making Swarm Stage AI available for capabilities briefings, demonstrations, evaluations and potential collaborations with U.S. military organizations, government agencies, defense contractors, counter-unmanned aircraft system developers and authorized test and training facilities. The Company intends to pursue opportunities to demonstrate Swarm Stage AI alongside existing and emerging counter-unmanned aircraft system technologies and to work with defense organizations to develop increasingly sophisticated drone-swarm training scenarios. Government and defense organizations interested in evaluating the platform can request a capabilities briefing. New Risk • Aug 16
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$11m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$11m free cash flow). Share price has been highly volatile over the past 3 months (37% average weekly change). Shareholders have been substantially diluted in the past year (44% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (US$14.6m market cap). Announcement • Aug 12
Rocket One Inc Announces Non-Compliance with Nasdaq Minimum Bid Price Requirement On August 6, 2026, Rocket One Inc. (the Company) was notified (the Notification Letter) by The Nasdaq Stock Market, LLC (Nasdaq) that it is not in compliance with the minimum bid price requirements set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on the closing bid price of the Company's common stock between June 24, 2026 and August 5, 2026, the Company no longer meets the minimum bid price requirement. The Notification Letter has no immediate effect on the listing or trading of the Company's common stock on The Nasdaq Capital Market and, at this time, the common stock will continue to trade on The Nasdaq Capital Market under the symbol RKTO. The Notification Letter provides that the Company has 180 calendar days, or until February 2, 2027, to regain compliance with Nasdaq Listing Rule 5550(a)(2). To regain compliance, the bid price of the Company's common stock must have a closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days. If the Company does not regain compliance by February 2, 2027, an additional 180 days may be granted to regain compliance, if the Company meets The Nasdaq Capital Market continued listing requirements (except for the bid price requirement) and notifies Nasdaq in writing of its intention to cure the deficiency during the second compliance period. If the Company does not qualify for the second compliance period or fails to regain compliance during the second 180-day period, then Nasdaq will notify the Company of its determination to delist the Company's common stock, at which point the Company will have an opportunity to appeal the delisting determination to a Hearings Panel. The Company intends to monitor the closing bid price of its common stock and may, if appropriate, consider implementing available options, including, but not limited to, implementing a reverse stock split of its outstanding securities, to regain compliance with the minimum bid price requirement under the Nasdaq Listing Rules. 
