Grants and Subsidies	12 Months Ended
May 31, 2026
Grants and Subsidies [Abstract]
Grants and Subsidies	NOTE 10. Grants and Subsidies INSAT The Canadian government recently announced the Initiative for Sustainable Aviation Technology (“INSAT”) fund whereby $350 million will be invested into innovative companies focused on sustainable aviation solutions. The Company submitted an initial INSAT proposal in April 2025 along with its application partners for a project size of $10.5 million, of which up to 40% of project costs may be reimbursed. In October 2025, the Company was informed that this application was successful. As of May 31, 2026, the Company has submitted $1,039 of project costs, of which $308 is anticipated to be reimbursed by INSAT and has been recorded in accounts receivable in the consolidated balance sheets as of May 31, 2026, and in Other income in the consolidated income statements during the year-ended May 31, 2026 (2025 – nil). Canadian Council for Aviation & Aerospace In May 2025, the Company was awarded grants by the Canadian Council for Aviation & Aerospace that resulted in a portion of qualified aerospace engineering students cooperative terms compensation being reimbursed. Total amounts received were $35 during the year-ended May 31, 2026, which has been recorded as Other income in the consolidated income statements (2025 – nil). Green Fund In August 2024, the Company entered into a funding agreement with the Downsview Aerospace Innovation and Research Centre (“DAIR”). DAIR selected the Company with a project on the Engineering of an eVTOL wing. The funding approved to the Company was $75, of which $45 was recorded as Other income in the consolidated financial statements for the year-ended May 31, 2026 (May 31, 2025 - $50). Included in Accounts Receivable as of May 31, 2026 is $45 (2025 – nil). Scientific Research and Experimental Development In connection with the year-ended May 31, 2026, the Company plans to file an application for Scientific Research and Experimental Development (“SRED”) credits with the Canadian federal government. As the specific SRED amount has not yet been determined, the Company did not accrue any credits in connection with the year-ended May 31, 2026.

Grants and Subsidies

12 Months Ended

May 31, 2026

NOTE 10. Grants and Subsidies

INSAT

The Canadian government recently announced the Initiative for Sustainable Aviation Technology (“INSAT”) fund whereby $350 million will be invested into innovative companies focused on sustainable aviation solutions. The Company submitted an initial INSAT proposal in April 2025 along with its application partners for a project size of $10.5 million, of which up to 40% of project costs may be reimbursed. In October 2025, the Company was informed that this application was successful. As of May 31, 2026, the Company has submitted $1,039 of project costs, of which $308 is anticipated to be reimbursed by INSAT and has been recorded in accounts receivable in the consolidated balance sheets as of May 31, 2026, and in Other income in the consolidated income statements during the year-ended May 31, 2026 (2025 – nil).

Canadian Council for Aviation & Aerospace

In May 2025, the Company was awarded grants by the Canadian Council for Aviation & Aerospace that resulted in a portion of qualified aerospace engineering students cooperative terms compensation being reimbursed. Total amounts received were $35 during the year-ended May 31, 2026, which has been recorded as Other income in the consolidated income statements (2025 – nil).

Green Fund

In August 2024, the Company entered into a funding agreement with the Downsview Aerospace Innovation and Research Centre (“DAIR”). DAIR selected the Company with a project on the Engineering of an eVTOL wing. The funding approved to the Company was $75, of which $45 was recorded as Other income in the consolidated financial statements for the year-ended May 31, 2026 (May 31, 2025 - $50). Included in Accounts Receivable as of May 31, 2026 is $45 (2025 – nil).

Scientific Research and Experimental Development

In connection with the year-ended May 31, 2026, the Company plans to file an application for Scientific Research and Experimental Development (“SRED”) credits with the Canadian federal government. As the specific SRED amount has not yet been determined, the Company did not accrue any credits in connection with the year-ended May 31, 2026.