Intellistake's Acquisition Target NanoAi Commences Standoff Testing for Targeted Explosive Threat Detection

NanoAi's standoff detection platform advances toward defense deployment: laboratory testing against Targeted Explosive Threat 001now underway at NanoAi's newly established Op Center in the Dallas-Richardson technology and defense corridor

Highlights

• Targeted Explosive Threat 001 detection testingcommences at NanoAi's Dallas-Richardson Op Center
• NanoAi has previously demonstrated standoff detection in bench-level testing; Targeted Explosive Threat 001 testing extends that capability to the first targeted explosive
• Platform architecture designed for standoff detection of explosives, ammunition and narcotics for defense, law enforcement and border security
• Designed for wearable, drone, robotic, vehicle and fixed deployments, with every sensor geolocated and readings triangulated in real time
• Op Center established in the Dallas-Richardson technology and defense corridor to house testing and scale engineering, quality and operations
• Leadership team spanning special operations, global-scale engineering, science and defense logistics in place at the Op Center
• 12-year U.S. Navy SEAL veteran Craig Micklich, NanoAi Founder and CEO; who would join the Intellistake Board upon closing
• C$17 million proposed acquisition of NanoAi, developer of standoff threat detection technology designed to identify threats at a distance without physical contact, in Intellistake shares subject to performance-based vesting milestones

VANCOUVER, BC, Oct. 8, 2026 /CNW/ -- Intellistake Technologies Corp. (CSE: ISTK) (OTCQB: ISTKF) (FSE: E41) ("Intellistake" or the "Company"), today announced that its acquisition target NanoAi Technologies ("NanoAi") has commenced laboratory testing of its standoff detection platform against Targeted Explosive Threat 001 at its Dallas-Richardson Op Center. NanoAi is a nanotechnology and artificial intelligence company that has developed a proprietary standoff detection platform for defense, with further applications in law enforcement, border security and critical infrastructure.

Since the acquisition was announced on August 4, 2026, NanoAi has established a dedicated operations center in the Dallas-Richardson area of Texas and assembled the leadership team behind its platform, as announced on October 6, 2026. NanoAi has previously demonstrated standoff detection in bench-level testing. Testing at that facility now extends that capability to the first targeted explosive, Targeted Explosive Threat 001, as explosives are the threat category NanoAi is addressing first.

A successful result would demonstrate that NanoAi's platform can identify an explosive at standoff, and is expected to support NanoAi's engagement with prospective defense customers. Further details will be provided as testing progresses.

Craig Micklich, Founder, Chairman and Chief Executive Officer of NanoAi Technologies, commented:

"I served 12 years as a U.S. Navy SEAL. In many situations, the only way to confirm a threat was to approach it. NanoAi is being built to remove that requirement. The platform has proven itself in bench-level testing. Now we take it to the first targeted explosive to validate the accuracy of our hardware and software."

NanoAi's Standoff Detection Platform for Defense

Widely used field screening methods, including swab-based screening and ion mobility spectrometry, require physical contact or close proximity to the object being tested. NanoAi's platform is designed to perform standoff detection, removing the requirement for an operator to approach a suspected threat.

NanoAi has developed a proprietary sensor designed to identify specific threat signatures in the air without physical contact with the source.¹ The sensor is designed for wearable, drone, robotic, vehicle and fixed deployments. The platform is also designed to address multiple threat types. In future development, each sensor is roadmapped to include geolocation, with readings triangulated across a network, and results delivered in real time to operators in the field and to the task force.

Defense is NanoAi's primary vertical. The platform is designed for battlefield protection, with sensors that can be embedded in operator gear or attached to quick-deployment drones, and for border and installation security.¹

Gentex Ops-Core RAILINK Development License

NanoAi holds a license agreement with Gentex Corporation as a development partner for the Ops-Core RAILINK headborne platform, announced by Gentex in June 2025 here: https://www.gentexcorp.com/news/gentex-corporation-announces-agreements-with-new-partners-for-ops-core-railink-power-and-data-arc-rail-system/.

Gentex Corporation, headquartered in Carbondale, Pennsylvania, describes itself as a global leader in personal protection and situational awareness solutions for defense forces, emergency responders, and industrial personnel.² Its Ops-Core helmet systems are in service with United States and allied forces, and Gentex has supplied U.S. Special Operations Command since that command's activation in 1987.³ 

RAILINK is Gentex's powered rail system for the Ops-Core helmet platform, designed to allow sensors, displays, augmented reality capability, and wireless devices to draw power and share data directly from the helmet. NanoAi was named as one of ten development partners granted licenses to build accessories on that platform, providing a defined integration path for NanoAi's sensing technology. However, no device has been commercialized at this time.

Dallas-Richardson Op Center

NanoAi has signed a lease for a dedicated operations center in the Dallas-Richardson area of Texas, as announced on August 19, 2026. The facility is located in an established technology and defense corridor and houses the laboratory testing now underway, while supporting the scaling of NanoAi's engineering, quality and operations teams.

How Intellistake Intends to Extend the Platform

NanoAi provides the detection hardware. Intellistake intends to provide the software to deploy and manage it at scale.

Intellistake's AI and data infrastructure is intended to receive, process and route detection data from NanoAi's sensors to operators and the task force in real time, across a full defense deployment, from individual operators to drones, vehicles and fixed installations.

Jason Dussault, Chief Executive Officer of Intellistake, commented:

"Defense is where standoff detection matters most, and it is where NanoAi's platform is being targeted first. NanoAi has developed a wearable sensor designed to detect threats at standoff. Intellistake is acquiring that platform and intends to build the software to deploy it at scale. With the team and the facility in place, we will provide updates as testing progresses and on each subsequent milestone as it is reached."

Market Context

Third-party market estimates:

• AI and analytics in defense: US$13.95 billion in 2026, projected to reach US$23.5 billion by 2030⁴
• Explosive trace detection: US$1.85 billion in 2026, projected to reach US$2.72 billion by 2031⁵

These figures are provided as industry context and do not represent a forecast of NanoAi revenue.

Transaction Status

The proposed acquisition of NanoAi was announced on August 4, 2026. Upon completion, NanoAi will become a wholly owned subsidiary of Intellistake. Completion remains subject to customary conditions, including completion of satisfactory due diligence (including verifying title to the intellectual property of NanoAi), completion of the audit of financial statements of NanoAi, the Company maintaining a minimum cash balance of $2 million, and no objection from the Canadian Securities Exchange. Closing is subject to satisfaction of the closing conditions therein. There can be no assurance that the transaction will be completed on the terms currently contemplated, or at all.

The Company also announces that it has entered into an agreement with Think Ink Marketing Data & Email Services LLC ("Think Ink") to provide public relations services in an effort to increase public awareness of the Company and its services and securities. Certain services to be provided by Think Ink are anticipated to include 'investor relations activities' under the policies of the Canadian Securities Exchange and applicable securities laws.

The agreement is for a 12 month term commencing October 7, 2026 with either party having the right to terminate upon 30 days written notice. The Company has budgeted up to US$400,000 for the marketing services of Think Ink, which include facilitating the creation and distribution of marketing materials, on-line banner and Native / Display advertising on platforms such as Google and Taboola, video content distribution on platforms such as YouTube, social media coverage on platforms such as X, TikTok, and Meta, and email distribution to subscribers of various newsletters.

Think Ink is a California-based marketing firm established in 1991 that provides its customers with a complete range of marketing services that includes data appending, e-mail marketing and pay-per-click on-line banner/native ads. Think Ink helps its clients to reach a large network of potential investors. No stock options are being granted to Think Ink under the terms of its engagement.

The contact information for Think Ink is Think Ink Marketing Data & Email Services LLC, 3308 W. Warner Ave., Santa Ana, California 92704; Phone: [phone]; Email: [email protected]. Think Ink and its principals are arm's length to the Company.

Sources

¹https://www.nanoaitechnologies.com/
² https://www.gentexcorp.com/news/gentex-corporation-announces-agreements-with-new-partners-for-ops-core-railink-power-and-data-arc-rail-system/
³ https://www.gentexcorp.com/news/gentex-awarded-contract-for-ussocomcoxswain-helmet-system/
⁴ https://www.researchandmarkets.com/reports/6215080/artificial-intelligence-analytics-in-defence
⁵ https://www.mordorintelligence.com/industry-reports/explosive-trace-detection-market

About NanoAi Technologies

NanoAi Technologies is a defense technology company developing a proprietary standoff sensing platform capable of detecting explosives, ammunition and narcotics across wearable, drone, robotic, vehicle and fixed-mount deployments. Combined with artificial intelligence, swarming capabilities and real-time geolocation, each sensor delivers results simultaneously to operators in the field and the task force.

To find out more about NanoAi Technologies, please visit: www.nanoaitechnologies.com

About Intellistake

Intellistake Technologies Corp. (CSE: ISTK) (OTCQB: ISTKF) (FSE: E41) is an AI infrastructure and technology company developing AI agents, enterprise software and data infrastructure designed to turn real-world information into actionable intelligence, including its Austen AI platform and production AI-agent deployments. The proposed acquisition of NanoAi is intended to expand the Company's technology platform into AI-enabled defense, advanced sensing, autonomous systems and connected soldier technology.

For additional information, visit www.intellistake.com. 

Cautionary Note Regarding Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable Canadian securities laws. Forward looking information contained in this news release includes, but is not limited to, all statements regarding the proposed acquisition of NanoAi and its anticipated benefits; NanoAi's technology and development activities, including the anticipated integration of NanoAi's sensing technology with RAILINK-equipped platforms and the anticipated nature, extent and timing of development work with Gentex; potential applications of NanoAi's sensing platform; the anticipated evolution of headborne and soldier systems; anticipated market opportunities; the Company's artificial intelligence capabilities; the potential benefits of combining Intellistake's artificial intelligence infrastructure with NanoAi's sensing technology; and the expected results of the NanoAi testing.

In certain cases, forward-looking information can be identified by the use of words such as "expects", "intends", "anticipates" or variations of such words and phrases or state that certain actions, events or results "may", "would", or "might" suggesting future outcomes, or other expectations, assumptions, intentions or statements about future events or performance. Forward-looking information contained in this news release is based on certain assumptions regarding, among other things, the Company will continue to have access to financing until it achieves profitability; the Company and NanoAi satisfy all conditions necessary to close the proposed transaction; the maintenance in good standing of NanoAi's license and development collaborator status with Gentex; the parties' ability to develop, test, integrate and commercialize their respective technologies; the continued development and adoption of AI-enabled defense systems; the ability to establish and maintain customer, development and strategic relationships; the technology and blockchain industries in which the Company intends to focus its business in will grow at the rate and in the manner expected; the ability to attract qualified personnel; the success of market initiatives and the ability to grow brand awareness; the ability to distribute Company's services; the Company creates strategies to mitigate risks associated with cryptocurrency price fluctuations; the Company remains compliant with all applicable laws and securities regulations and applicable licensing requirements; the Company engages and collaborates with local experts, as necessary, to address jurisdiction-specific matters and ensures compliance with foreign regulations to avoid penalties; the Company addresses any potential cybersecurity threats promptly and effectively; the ability of the Company to develop its technology, acquire customers and have revenue; the ability to successfully deploy the new business strategy as a result of the change of business. While the Company considers these assumptions to be reasonable, they may be incorrect.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results to be materially different from any future results expressed by the forward-looking information. Such factors include risks related to general business, economic and social uncertainties; failure of the Company and NanoAi to satisfy all conditions necessary to close the proposed transaction; failure to raise the capital necessary to fund its operations; failure of NanoAi's technology will achieve the performance characteristics contemplated, successfully complete development, testing or integration with RAILINK-equipped platforms; failure to achieve commercial adoption or generate revenue; inability to create strategies to mitigate the risks associated with cryptocurrency price fluctuations; the costs of regulation in the digital asset industries increase to the extent that the Company is no longer generating sufficient returns for shareholders; failure to promptly and effectively address cybersecurity threats; insufficient resources to maintain its operations on a competitive basis; and the actual costs, timing and future plans differs expectations; legislative, environmental and other judicial, regulatory, political and competitive developments; the inherent risks involved in the cryptocurrency and general securities markets; the Company may not be able to profitably liquidate its current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on the Company's operations; the Company's success may depend on the continued involvement of key personnel, including advisors, whose involvement cannot be guaranteed; institutional adoption of decentralized AI infrastructure remains uncertain and may not occur at the pace or scale anticipated; evolving regulatory frameworks, including those related to AI (such as Canada's proposed Artificial Intelligence and Data Act) and prediction markets, may impose additional compliance burdens or restrict certain business activities; valuation figures are based on publicly available market data and internal assessments at the time of the referenced transactions and may not reflect current or future valuations; the volatility of digital currency prices; the inherent uncertainty of cost estimates and the potential for unexpected costs and expenses, currency fluctuations; regulatory restrictions, liability, competition, loss of key employees and other related risks and uncertainties; delay or failure to receive regulatory approvals; failure to attract qualified personnel, labour disputes; and the additional risks identified in the "Risk Factors" section of the Company's filings with applicable Canadian securities regulators.

Although the Company has attempted to identify factors that could cause actual results to differ materially from those described in forward-looking information, there may be other factors that cause results not to be as anticipated. Readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this news release. Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update forward-looking information.

Market size and growth figures referenced in this news release are third-party industry estimates provided for contextual purposes only. Such estimates may differ materially depending on market definition, methodology, geographic scope and forecast assumptions, and should not be interpreted as forecasts of Intellistake's or NanoAi's future revenues, market share or financial performance. Statements attributed to Gentex or other third parties are based on publicly available materials, and the Company has not independently verified such information.

SOURCE Intellistake Technologies Corp.

Company Contact: Alice Cherrington, VP of Communications, [email protected], [phone]