PMGC Holdings Inc. Announces Strategic Investment in Precision Aerospace & Defense Group and Long-Term Aerospace and Defense Manufacturing Agreement Through A&B Aerospace Inc.

NEWPORT BEACH, Calif., July 28, 2026 (GLOBE NEWSWIRE) -- PMGC Holdings Inc. (NASDAQ: ELAB) (the “Company,” “PMGC,” “we,” or “our”), a diversified holding company executing a precision manufacturing growth strategy across the aerospace and defense supply chain, today announced that its wholly owned subsidiary, A&B Aerospace, Inc. (“A&B Aerospace”), has entered into a Long-Term Agreement (the “Agreement”) with Precision Aerospace & Defense Group, Inc. (“PAD Group”) to manufacture and supply precision-machined aerospace and defense components.

The Agreement, effective July 23, 2026, establishes a two-year framework under which PAD Group and its subsidiaries may issue purchase orders to A&B Aerospace for precision-manufactured components supporting aerospace and defense programs. The Agreement automatically renews for successive one-year periods unless either party provides notice of non-renewal, creating the foundation for a durable, multi-year manufacturing relationship. Each purchase order will specify the applicable products, quantities, pricing, delivery schedules, and other requirements. The Agreement does not include a guaranteed minimum purchase volume or revenue commitment.