● Groundbreaking flight test conducted with industry partners and assistance from FAA
● Nexteon’s SecureTrack identified and generated alerts of spoofed ADS-B signals

AMBLER, PA, August 23, 2021 — Nexteon Technologies, Inc., a leader in advanced aviation technologies, announced today that it has completed the first in-flight test simulating a cyberattack on an Automatic Dependent Surveillance-Broadcast (ADS-B)-equipped aircraft. During the 30-minute flight, Nexteon’s SecureTrackTM technology was able to successfully detect and characterize the intrusion and generate security alerts.

The test was conducted on July 26 in the Washington Air Route Traffic Control Center (ARTCC) airspace by a team that included Nexteon’s industry partners SeRo Systems, The Innovation Laboratory and DragoonITCN. The flight test team worked in collaboration with the Federal Aviation Administration (FAA) under its Cooperative Research and Development Agreement (CRADA) with Nexteon. While in flight, the aircraft used the FAA’s patented Virtual Target Generator (VTG) test tool (U.S. Patent No. 8,604,965) to intentionally create and transmit a series of inaccurate position reports in the aircraft’s ADS-B Out signal. The SeRo advanced surveillance technology detected the spoofed signal and displayed alerts to the ground analysis team for the entire duration of the simulated attack.

“This has been an incredible success for Nexteon and a validation of the technology,” said Rob Kaimowitz, Chief Executive Officer of Nexteon Technologies. “We have made great progress, and reaching this milestone was a collaborative effort that would not have been possible without our government and industry partners.”

“The SeRo team is excited to participate in this groundbreaking test,” added Dr. Matthias Schäfer, Managing Director of SeRo Systems. “This achievement is the culmination of a decade of research and development, and we are grateful to have the opportunity to showcase SecureTrack’s capabilities.”

“We are all proud of this accomplishment, and I would like to thank the flight test team and all of our employees for their dedication and commitment to Nexteon’s vision. They have proven that this technology is an enabler that will deliver cybersecure, precise and GPS-resilient tracking and monitoring data that can help optimize the global airspace,” added Kaimowitz.

The Innovation Laboratory and DragoonITCN support Nexteon’s flight tests by providing avionics and flight services, and advanced test equipment, respectively. The tests are conducted using Nexteon’s prototype ground-based receiver network, which covers the northeastern seaboard.

About Nexteon Technologies

Nexteon Technologies is modernizing global aviation with best-in-class talent and technologies. Its innovative SecureTrackTM surveillance and SmartRoutesTM dynamic route optimization solutions enable more efficient, greener and more secure global aviation for ANSPs, commercial and general aviation fleets, and government agencies. The company was founded in 2017 as Route Dynamics Corp and changed its name to Nexteon in 2021. For more information, visit www.nexteon.aero.

Disclaimer

This press release is for information purposes only and does not constitute an offer to make any investment or a solicitation of offers to make any investment. Any offers to make an investment or solicitation of offers to make an investment will be made only pursuant to definitive agreements and other documents that may be subsequently provided to you, and you are advised to read any such agreements and documents carefully and in their entirety when they become available because they will contain important information relating to any investment opportunity. You are not entitled to rely upon any advice or opinions contained in this presentation with respect to the tax, financial and/or legal structuring of the transactions described herein. Accordingly, in evaluating the investment, you should obtain and rely upon the advice of your own independent tax, financial and legal advisors.

A CRADA does not constitute or imply endorsement, recommendation, favoring or certification by the U.S. Government, U.S. Department of Transportation or the FAA.