• Definitive license agreement formalizes exclusive, worldwide, sublicensable rights to patented multi-domain drone payload technology for aerospace and defense applications
  • Agreement follows the binding term sheet and sponsored research agreement announced earlier this year
  • License covers U.S. Patent No. 12,291,334 and related know-how, with a multi-year development plan targeting prototype completion, non-dilutive funding applications, and first commercial sale

NEWPORT BEACH, Calif., July 13, 2026 (GLOBE NEWSWIRE) -- NorthStrive Defense Tech LLC ("NorthStrive Defense Tech"), a wholly owned subsidiary of PMGC Holdings Inc. (the "Company") (NASDAQ:ELAB) formed to license and commercialize defense technologies, starting with technology developed at Florida State University ("FSU"), today announced that it has executed a definitive Standard Exclusive License Agreement with Know-How (the "License Agreement") with the Florida State University Research Foundation ("FSURF"), a not-for-profit corporation and direct support organization of Florida State University, for certain patent rights and related know-how covering a novel multi-domain drone payload technology.

The definitive License Agreement follows the parties’ exclusive option agreement announced on April 6, 2026 and binding term sheet announced on June 8, 2026, advancing the arrangement to a definitive, executed license.