NOTE 26 - Subsequent Events

The Company evaluated all events and transactions that from December 31, 2025 up through May 28, 2026, which is the date that these consolidated financial statements are available to be issued, other than disclosed events below, there were no any material subsequent events that require disclosure in these consolidated financial statements.

On March 11, 2026, Aerkomm Taiwan received official approval from the Taiwan Depository & Clearing Corporation and completed its merger with Ejectt, as previously disclosed in Note 8. Upon completion of the merger, Ejectt’s shares were cancelled and new shares of Aerkomm Taiwan were issued to the former shareholders of Ejectt. As a result, Aerkomm Taiwan is held (i) 24,500,000 shares (21.3%) by the Company; (ii) 25,500,000 shares (22.2%) by dMobile System Co., Ltd. (the real party in interest of whom is the Company subject to dMobile’s payment to the Company for such shares); and (iii) 65,113,314 shares (56.6%) by the former shareholders of Ejectt.

Following the completion of the merger and the change in ownership structure, the Company no longer has a controlling financial interest in Aerkomm Taiwan and therefore lost control as of March 11, 2026, which represents the deconsolidation date for accounting purposes.

In March 2026, the Company entered into a strategic development agreement with G-TECH Optoelectronics Corporation (“GTOC”) for the research, development, testing, qualification and potential commercialization of glass-based conformal antenna system intended for aerospace, defense and national security applications. Under the terms of the agreement, GTOC will provide a strategic development deposit totaling $1.5 million to the Company, with 50% payable upon execution of the agreement and the remaining 50% payable within seven (7) days following the verification of the Company conformal antenna proposal.

On April 29, 2026, the Company entered into a Co-Development and Collaboration General Agreement with a Japan-based defense prime contractor and trusted service provider to the Japan Ministry of Defense. Pursuant to the General Agreement, the parties will collaborate on the development, manufacturing, and commercialization of Unmanned Aerial Systems (UAS) related products.

On May 26, 2026, the Company entered into a Master Services Agreement (“MSA”) with a global U.S.-based satellite communications provider offering broadband, mobility, and satellite networking services across maritime, aviation, and land-based markets. Pursuant to the agreement, the provider authorized the Company to provide satellite communications products and related services for the maritime, aviation, and land sectors in Japan and Taiwan, including user terminals and Ka-band and L-band airtime products.