American Industrial Technologies Expects Revenue of Approximately $45 Million and Continued Profitability for Third Quarter 2026

American Industrial Technologies ("AIT") ("the Company"), a diversified technology company operating at the intersection of artificial intelligence, secure communications, mobility, and autonomous systems, today announced that it expects consolidated revenue of approximately $45 million and continued profitability for the third quarter of 2026 ending September 30, 2026.

AIT previously announced its entry into a non-binding letter of intent to take the Company public through a deSPAC transaction with SIM Acquisition Corp. I (Nasdaq: SIMA ). AIT expects third quarter revenue of approximately $45 million from its existing businesses along with proforma contributions from the Company's expanded international platform.

Throughout 2026, AIT continues to invest in its U.S. manufacturing capabilities, secure mobility solutions, drone technologies and distribution infrastructure.

"Our expected third-quarter results reflect the strength of AIT's business and position us well as we advance toward our planned business combination and Nasdaq listing," said AIT Chief Financial Officer Stacie Elbert.

Nasdaq listing path — SIM Acquisition Corp. I (Nasdaq: SIMA ) AIT has signed a non-binding Letter of Intent with SIM Acquisition Corp. I for a deSPAC business combination, with a 45-day exclusivity period to negotiate definitive agreements. The transaction remains subject to due diligence, definitive documentation, and customary closing conditions; there is no assurance it will be completed, but it represents a clear potential path to public markets.

About American Industrial Technologies American Industrial Technologies, Inc. (AIT) recently announced the execution of a non-binding letter of intent to take the Company public through a deSPAC transaction with SIM Acquisition Corp. I (Nasdaq: SIMA ). AIT is an American industrial platform spanning defense, autonomy, and telecommunications. Founded more than three decades ago, AIT operates a 33-year carrier launch and device distribution business serving Tier 1 and Tier 2 wireless carriers, a 3PL and 4PL logistics infrastructure across the United States, Europe, and Latin America, and is bringing American manufacturing capacity online in 2026 with a focus on drones, counter-UAS systems, and secure encrypted devices for law enforcement, government, and enterprise agencies. Headquartered in Orlando, Florida in a 106,000-square-foot operations and warehouse facility, AIT's Orlando operations have been recognized as a Top Workplace for six consecutive years and employ more than 200 people. weareait.com