Innovative Aerosystems to Change Nasdaq Ticker Symbol to “IA” Following Corporate Rebranding

EXTON, Pa.--(BUSINESS WIRE)--Innovative Aerosystems (Nasdaq: ISSC), a leading provider of advanced avionic solutions for commercial, business aviation and military markets, today announced that the Company will cease trading under the Nasdaq ticker symbol “ISSC” and begin trading under the symbol “IA” effective at the U.S. market open on August 18.

The change is consistent with the Company’s continued business transformation and rebranding initiative launched in late 2025. The new ticker symbol represents the next step in that transition, more closely aligning the Company’s public-market identity with its corporate name, brand and long-term strategy.

To commemorate the milestone, members of IA’s leadership team, Board of Directors, employees and invited guests will ring the Nasdaq Closing Bell on August 18.

"Changing our ticker symbol to ‘IA’ completes the alignment of our corporate identity in the public markets," said Shahram Askarpour, Chief Executive Officer of Innovative Aerosystems. “Since adopting the Innovative Aerosystems name last year, we have continued to advance our strategy, strengthen our market position and build greater awareness of the organization we are today. Innovation has always been the driving force behind everything we do, and this new brand identity reflects our focus on integrating advanced avionics with intelligent system designs to deliver innovative aerospace solutions. We look forward to celebrating this important milestone with our employees, customers, shareholders and other stakeholders at the Nasdaq Closing Bell."

The ticker-symbol change will not affect the Company’s legal name, capital structure, shareholder rights or business operations. No action is required by existing shareholders in connection with the change. The Company’s common stock will continue to be listed on the Nasdaq Stock Market, and its CUSIP number will remain unchanged.

CLOSING BELL INFORMATION

The Closing Bell ceremony is scheduled to begin at approximately 3:45 PM Eastern Time on August 18. A live webcast of the ceremony will be available at: https://www.nasdaq.com/marketsite/bell-ringing-ceremony.

ABOUT INNOVATIVE AEROSYSTEMS

Headquartered in Exton, Pa., Innovative Aerosystems is a U.S.-based company specializing in the engineering, manufacturing, and supply of advanced avionics solutions. Its extensive global product reach and customer base span commercial, business aviation, and military markets, serving both airframe manufacturers and aftermarket providers for fixed-wing and rotorcraft applications. IA offers advanced, cost-effective solutions while maintaining support for legacy product lines. The Company is positioned to leverage its experience to pursue growth opportunities in next-generation navigation systems, advanced flight deck and special mission displays, precision air data instrumentation, autothrottles, flight control computers, mission computers, and software-based situational awareness solutions supporting autonomous flight. Supported by a robust patent portfolio and the highest aircraft certification standards, IA is positioned to address the aerospace industry's demand for increasingly sophisticated and technologically advanced products. For more information, please visit us at www.iascorp.com.

FORWARD-LOOKING STATEMENT DISCLAIMER

In addition to the historical information contained herein, this press release contains “forward-looking statements” within the meaning of, and intended to be covered by, the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In this press release, the words “anticipates,” “believes,” “may,” “will,” “estimates,” “continues,” “intends,” “forecasts,” “expects,” “plans,” “could,” “should,” “would,” “is likely,” “projected,” “might,” “potential,” “preliminary,” “provisionally,” “look forward,” and similar expressions, as they relate to the business or its management, are intended to identify forward-looking statements, although they are not the exclusive means of identifying such statements. All forward-looking statements are based on management’s current expectations and beliefs concerning future developments and their potential effects on the Company, including, without limitation, statements regarding the expected benefits of the acquisition. Forward-looking statements are subject to numerous assumptions, risks, and uncertainties, which change over time, and speak only as of the date on which they are made. Because forward-looking statements are subject to assumptions, risks, and uncertainties, actual results may differ materially from those expressed or implied by such statements. Factors that could cause results to differ materially from those expressed or implied by forward-looking statements include, but are not limited to, the Company’s ability to efficiently integrate acquired and licensed product lines into its operations; a reduction in anticipated orders; an economic downturn; changes in the competitive marketplace and/or customer requirements; an inability to perform customer contracts at anticipated cost levels; and other factors that generally affect the economic and business environments in which the Company operates. Such factors are detailed in the Company's Annual Report on Form 10-K for the fiscal year ended September 30, 2025, and subsequent reports filed with the Securities and Exchange Commission. Many of the factors that will determine the Company’s future results are beyond management’s ability to control or predict. Readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to revise or update any forward-looking statements or to make any other forward-looking statements.