Press release

Blue Canyon Technologies Adds Sam Francis as Chief Financial Officer

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Small satellite manufacturer Blue Canyon Technologies (BCT) has
announced the appointment of Sam Francis as Chief Financial Officer
(CFO), further strengthening its executive leadership team as the
rapidly growing aerospace company continues to expand.

Francis brings more than 25 years of experience in financial leadership,
capital markets and management of both buy- and sell-side M&A
transactions. In his role at BCT, Francis will oversee all aspects of
company finances including capital planning and management and make
significant contributions to strategic planning and operations.

“We could not be more pleased to welcome Sam Francis to our executive
leadership team,” said George Stafford, CEO and President of Blue Canyon
Technologies “As a growing company experiencing unprecedented growth and
customer demand, the CFO role is more important than ever. We look
forward to the leadership and strategy Sam will bring as we continue to
grow and build on our current momentum.”

“Blue Canyon Technologies is increasingly being recognized as a leading
disruptor in aerospace, and for good reason. I look forward to working
with George and the rest of the team, to help the company exceed its
financial goals and sustain its very positive growth trajectory,” said
Francis.

Francis began his career in the telecom, software and technology markets
where he led buy-side M&A teams for domestic and international
acquisitions. He was a principal at AVL Growth Partners where he
provided outsourced CFO services to entrepreneurial and lower
middle-market companies. He has worked across a broad variety of
industries including aviation, healthcare, media, manufacturing and
distribution. Prior to AVL he was a principal at Tatum, LLC where he
provided strategic and financial consulting services to middle-market,
private-equity backed companies.

Francis has a B.A. in Economics and an M.S. in Accounting from the
University of Colorado.

About Blue Canyon Technologies

Blue Canyon Technologies, Inc., (BCT) a Colorado-based private company
founded in 2008 to bring innovative, reliable and affordable solutions
to space missions, is an experienced integrator of aerospace systems and
developer of advanced aerospace products and technologies. BCT is a
vertically integrated spacecraft manufacturer supporting nearly 40
unique missions with over 70 spacecraft. The company currently has more
than 50 satellites in production and is developing a new
80,000-square-foot facility for high rate production.

BCT has supported missions for The U.S. Air Force, NASA, The Defense
Advanced Research Project (DARPA) and many others and provided the
Attitude Control Systems for the first interplanetary CubeSats which
successfully traveled to Mars. The company has been recognized with
awards including Inc Magazine’s 5000 Fastest Growing Private Companies,
2017 Colorado Companies to Watch, and the 2019 Colorado Biz Made in
Colorado Emerging Manufacturer Winner.

For the latest news on Blue Canyon Technologies and for other company
information, please visit www.bluecanyontech.com.