AGA Precision Systems Secures Second Major Long-Term Agreement with Tier 1 Aerospace & Defense Firm

Newport Beach, CA – April 9, 2026 – AGA Precision Systems LLC (“AGA”), a subsidiary of PMGC Holdings Inc. (Nasdaq: ELAB), announced today that it has signed a significant long-term agreement (LTA) with a globally recognized Tier 1 aerospace and defense company. This marks AGA’s second long-term supply agreement in 2026, underscoring the company’s strengthening position as a qualified supplier within the U.S. defense and aerospace supply chain.

Key Points of the Report

• Second Major LTA in 2026: This is AGA’s second long-term agreement with a major aerospace and defense customer in 2026, following a previous LTA announced with Turbo-Jet Products Co., Inc. on March 31, 2026.
• Tier 1 Customer: The identity of the new Tier 1 customer remains confidential due to regulatory and ITAR (International Traffic in Arms Regulations) requirements. However, the stature of the customer as a Tier 1 player is a strong endorsement of AGA’s manufacturing capabilities.
• Scope of the Agreement: Under the LTA, AGA will supply precision CNC-manufactured components for the customer’s aerospace and defense programs. These components are critical for high-consequence, mission-critical defense applications and must meet stringent quality, delivery, and pricing standards.
• Performance Commitments: The agreement includes defined performance benchmarks across quality, delivery, and pricing, aligning with the rigorous standards of the defense industry.
• Certification & Compliance: AGA is both ITAR registered and AS9100 certified, which are key requirements for defense and aerospace manufacturing, reinforcing its position as a reliable supplier.
• Operational and Financial Impact: AGA believes that long-term agreements like this provide operational visibility and support recurring revenue streams, adding to the company’s growth prospects and enhancing its profile within the U.S. defense industrial base.

Details for Investors and Shareholders

• Demonstrated Contract Momentum: Securing a second LTA with a major aerospace and defense customer in a short period suggests growing demand for AGA’s products and services, which could be a positive indicator for future revenue and earnings.
• Potential Share Price Impact: The announcement of a new long-term supply agreement with a Tier 1 defense customer may be considered price-sensitive information. While financial terms and customer identity are not disclosed, the indication of multi-year, recurring business with a top-tier partner may support a re-rating of PMGC Holdings’ shares.
• Continued Expansion in Defense Supply Chain: These developments position AGA as a more entrenched supplier in the U.S. defense supply chain, potentially leading to further contract wins and long-term business stability.
• Disclosure and Materiality: AGA notes that should this LTA become material, it will provide further disclosure in accordance with applicable reporting obligations. Investors should monitor for future updates regarding the agreement’s financial impact.

Company Background

AGA Precision Systems LLC is a California-based CNC machining specialist, focused on high-tolerance milling, turning, mold manufacturing, and the machining of complex metals such as titanium, Inconel, stainless steel, and aluminum alloys. Its client base spans the aerospace, defense, space, and industrial sectors, with a reputation for delivering mission-critical precision components to exacting specifications. AGA’s AS9100 certification and ITAR registration demonstrate its compliance with global quality and U.S. regulatory standards.

PMGC Holdings Inc. is a diversified holding company aiming to grow its portfolio through strategic acquisitions, investments, and development across multiple industries, with a focus on maximizing growth and value for shareholders.

Forward-Looking Statements

This article contains forward-looking statements, which are subject to risks and uncertainties and are not guarantees of future performance. Actual results may differ materially from those anticipated due to various risks, including those described in PMGC’s filings with the SEC. Investors are encouraged to review these filings for further information.

Disclaimer: The information contained herein is based on a company press release and is intended for informational purposes only. It does not constitute investment advice, and investors should conduct their own due diligence and consult with professional advisors before making investment decisions. The author and publisher assume no responsibility for investment decisions made based on this article.

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