Maerospace Extends FINANCE DEPARTMENT WITH JAMES BRANDON HARDIE APPOINTED AS DIRECTOR OF ACCOUNTING

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Waterloo, ON – 12 July 2022 – Maerospace Corporation, a global supplier of real-time maritime intelligence solutions via industry leading radar systems and innovative data analytics, has expanded the Company’s profile by extending their accounting department with the addition of James Brandon Hardie as Director of Accounting. Eric Meger, Maerospace CEO, made the announcement from headquarters in Waterloo, Canada noting that Hardie, who has earned a CPA designation, will assume the newly formed position of Director of Accounting.

“Maerospace has experienced extraordinary growth this past year, so much in fact, that we now find it necessary to expand our team dedicated to managing the Company’s finances,” explained Meger. “We’ve added seven members to the team already in 2022 and expect add another 35 by the end of the year. Couple that with a significant increase in contracts, unprecedented potential, our new Cape Race installation, increased presence at industry trade shows and events – and it all adds up to a need to enhance our infrastructure to manage our incredible growth. Brandon is exceptionally qualified and the perfect person to implement best practices and align finances with responsible expansion. We are delighted to welcome him to the team.”

Prior to joining Maerospace, Hardie was Senior Manager of Finance for eSentire, Inc. where he managed and monitored the day-to-day operations of the Finance and Payroll departments, collaborated with the product team on new product initiatives and costing structures, worked in partnership with a cross functional team to enhance and streamline the order to cash process, and participated in the integration of acquisitions. Hardie also served as Manager Financial Reporting & Compliance for Sleeman Breweries, Ltd., and held senior level managerial, analyst and accounting positions for several Canadian and international organizations including OpenText and Waste Management.

As Director of Accounting at Maerospace, Hardie will engage with senior management regarding decisions that impact the Company’s financial health including spending practices, aquisitions and investments. He will oversee the finance and accounting staffs – working with them to create realistic budgets, analyze trends to reduce risks and maximize the potential of the Company’s portfolio.

“I’m so excited to be joining Maerospace at this time as the Company is being recognized globally for technical innovation and the critical service they provide which had led to unprecedented growth,” said Hardie. “I’m honoured to have been chosen to play a role in Maerospace’s path to success.”

Hardie will be located in Maerospace’s Waterloo headquarters. He can be reached at [email protected]

About Maerospace Corporation

Maerospace Corporation, based in Waterloo, Ontario, helps protect national sovereignty by closing the domain awareness and intelligence gaps across large-scale maritime economic domains. Our integrated “over-the-horizon” radar and AI analytics platform transforms the real-time discovery, identification, and assessment of ocean-based vessels into a continuous, real-time service. Authorities are presented with the largest possible response window in which to deliver precise, proportional, and cost-effective mitigation of economic, environmental, and human threats to critical national interests.

Maerospace Corporation: Protecting National Maritime Sovereignty

For more information, contact:

Jay Batista, EVP, Corporate Development & Product Marketing

Organization: Maerospace Corporation

Company URL: www.maerospace.com

Email: [email protected]

Phone: +1 (302) 382-1725

Waterloo Office: 205-410 CONESTOGO RD, Waterloo, ON N2L 4E2

St. John’s Office: 26 Duffy Place, St. John’s, NL, Canada A1B 4M5

Press Contact:

Desert Moon Communications

Harriet Diener