EVA LIVE TARGETS A $3 TRILLION GLOBAL DEFENSE, SATELLITE AND AI INFRASTRUCTURE OPPORTUNITY WITH PROPOSED ACQUISITION OF AIRBEAM WIRELESS TECHNOLOGIES

Eva Live Inc. (NASDAQ: GOAI), a leading artificial intelligence technology company, today announced that it has signed a Letter of Intent to acquire a controlling 51% interest in Airbeam Wireless Technologies Inc., with an option to acquire the remaining 49%, in a transaction valuing Airbeam at approximately US$16 million. The proposed acquisition positions Eva Live at the convergence of three of the fastest-growing technology sectors in the world—autonomous defense systems, AI communications infrastructure, and satellite networking—markets the Company believes collectively represent a $3 trillion global opportunity over the coming decades. Airbeam Wireless Technologies is a wireless semiconductor company delivering 60GHz connectivity solutions for next-generation wireless networks and autonomous systems. Founded in 2019, the company acquired a a product portfolio from Lattice Semiconductor that includes access to more than 260 patents and semiconductor design assets covering WiHD, WiGig and advanced millimeter-wave technologies. According to Airbeam's historical documentation, the technology lineage represented by these assets traces back more than two decades and benefited from more than $150 million in cumulative research, development and commercialization investment across pioneering work at the University of California, Berkeley's Berkeley Wireless Research Center, SiBeam, Silicon Image, Lattice Semiconductor, and related technology programs. Airbeam's wireless modules deliver multi-gigabit wireless backhaul capable of supporting real-time AI processing at the edge and high-bandwidth networking for both defense and commercial applications. The company has also developed smart city infrastructure through its Mesh Smart platform, advanced wireless sensing technologies, and is a major contributor to the world's largest decentralized OpenRoaming network, ROAM. Eva Live believes the proposed acquisition represents a transformational step in the Company's strategy to build one of the world's leading artificial intelligence and autonomous systems companies by combining advanced AI with next-generation wireless communications capable of supporting defense, commercial and future space applications. Building the Communications Backbone for Autonomous Warfare Modern warfare is rapidly entering an era where autonomous systems will define operational superiority. The lessons emerging from conflicts around the world have demonstrated that the future of military capability will depend not only on intelligent autonomous platforms, but on communications networks capable of operating in highly contested electromagnetic environments. Through Eva Defense, the Company intends to combine Airbeam's advanced beamforming technology with Eva Live's artificial intelligence platform to develop a next-generation communications architecture for autonomous drone swarms. Unlike conventional omnidirectional radio systems, Airbeam's highly directional millimeter-wave technology is designed to establish secure, adaptive, high-bandwidth communications between autonomous systems while supporting distributed mesh networking. Combined with Eva's AI, future autonomous platforms are expected to dynamically establish communica...