Letter from the CEO to Our VGTEL INC. (OTC:VGTL) Shareholders

Fellow shareholders,

We’ve taken decisive steps to sharpen our strategy, protect our intellectual property, and accelerate commercialization. Below is a clear summary of where we’re heading and how these moves support long-term value.

Corporate Structure & Focus

We have shifted technology and strategic planning to Vegacore Holdings (Wyoming). Vegacore now holds our key assets, Miralink Sky Monitoring, the standalone Astronomy AI (including “Creator”), the K-12 real-time astronomy program, and related software/hardware that interconnect across our platform.

Ownership:VGTel, Inc. owns 100% of VegaCore (no shares have been issued to date other than to VGTel Inc.) maintaining majority voting control. VGTel will implement and deploy these technologies housed by VegaCore as projects require, keeping customer delivery and revenue operations tightly aligned with market demand. 

Why Move IP into a Holdings Company

Consolidating IP at VegaCore gives us cleaner licensing, partnership, and capitalization paths, reduces operational risk, and positions us to move quickly on government opportunities. It also simplifies compliance and lets us ring-fence assets for program work, JV structures, and milestone-based financing, while preserving VGTel’s operating agility.

Government Pathway (AARO → CRADA)

On September 2, following our outreach to federal stakeholders regarding our astronomy technologies, we began engagement with the Department of Defense’s All-domain Anomaly Resolution Office (AARO) and are now moving into a CRADA (Cooperative Research and Development Agreement) process. A CRADA lets us co-develop and evaluate technology with the government while protecting IP and establishing licensing/commercialization paths. 

Kendrick Williams (U.S. Army veteran), who attended Embry-Riddle Aeronautical University with a focus on autonomous systems, serves as our government liaison. and point of contact. Think of this as a modern, science-first update to a “Blue Book”-style mission, only this time, shareholders ride along as we commercialize what we build.

“A CRADA lets both sides test and mature capabilities while preserving our trade secrets and complying with FOIA, export controls, and classification rules—standard safeguards that protect taxpayers and innovators alike.”

This effort tracks under the National Intelligence/AARO framework and will guide what we do, and just as importantly, what we don’t do—as we collaborate on research and technology.

Security, Compliance & Classification

If government work generates or touches classified information, it will be operated  exclusively by the appropriate authorities and through authorized channels/facilities. VGTel/VegaCore will:

• Operate strictly on a need-to-know basis and use cleared personnel only;

• Not solicit, store, or retain classified materials on company systems unless explicitly authorized;

• Follow all marking, storage, handling, and destruction requirements; and

• Keep unclassified commercial R&D cleanly separated from any classified workstreams to preserve product velocity and shareholder transparency.

These protocols, together with FOIA, export-control, and classification rules, protect both taxpayers and innovators while keeping our commercialization pathway intact.

K-12 Real-Time Astronomy

Our K-12 program remains on track to kick off near the second semester. We have  validated remote capabilities and are actively testing reliability. As we say internally: we would  rather find a technical issue now than 9,000 miles away under Australia’s dark skies. This upfront rigor supports a smoother rollout for students and educators.

Experiential Education & Entertainment (New Mexico JV)

We’re collaborating with a theming production studio in New Mexico and are in final review of a joint-venture agreement. The venture serves both education and entertainment, enabling students and visitors to experience a simulated Mars-terrain and space technology, either remotely or through hands-on, on-site engagements. VGTel will lead technology design and operations and will establish a telescope site under the region’s dark skies. This complements our education mission while opening new revenue streams.

Capital Strategy & Shareholder Value

We canceled our Wefunder campaign in response to DoD’s  correspondence and because we believe our roadmap is best funded through non-dilutive government mechanisms (CRADA-aligned testing, paid evaluations/pilots, and grants) rather than retail investors. This approach lowers our burn rate, protects trade secrets, and minimizes dilution. If equity is ever warranted, we will consider it later, against clear milestones and at materially higher valuations.

Shareholder value is driven by two engines:

1. High-margin IP licensing at VegaCore (Miralink Sky, Astronomy AI/Creator, K-12), and

2. Program revenues at VGTel (deployments, managed services, subscriptions).

Our AARO → CRADA path lowers R&D burn, speeds validation, and protects trade secrets while complying with FOIA, export controls, and classification rules. We will prioritize non-dilutive capital (grants, paid pilots/evaluations, license advances). If equity is warranted, we’ll consider assigning shares  of VegaCore  at higher, milestone-based valuations. The New Mexico theming JV adds diversified cash flows. We will report against clear catalysts: CRADA execution, first government evaluations, initial K-12 launches, JV close/open, first external IP license, and remote-ops reliability milestones.

What to Expect Next

• Formal CRADA milestones and initial government evaluation timelines

• K-12 rollout dates and first school-partner announcements

• JV signing and opening plan in New Mexico

• First external IP licensing activity and related revenue visibility

• Quarterly progress against remote-ops reliability targets

Thank you for your continued confidence and partnership. We are building for durability: protected IP, disciplined capital, and programs designed to scale. The road ahead is active, measured, and value-focused—and we look forward to bringing you with us at every step.

With appreciation,

Ken Williams, Chief Executive Officer

Investor Relations

VGTel, Inc. / VegaCore Holdings, Inc.

Email: info@vgtelinc.com Websites: https://vgtelinc.com | https://vegacore.ai

Twitter/X: @vgtelinc

About VGTel, Inc.

VGTel, Inc. (OTC: VGTL) is a technology company focused on AI-powered space analytics, atmospheric monitoring, and STEM education. Through its majority-owned subsidiary VegaCore Holdings, Inc., the company develops and commercializes VegaCore™ AI, MiraLink™ Smart Sky Monitoring Systems, and real-time astronomy platforms for education and research. Learn more at https://vgtelinc.com.

About VegaCore Holdings, Inc.

VegaCore Holdings, Inc., a majority-owned subsidiary of VGTel, Inc., develops and commercializes advanced platforms for space analytics, atmospheric monitoring, and STEM education, including VegaCore™ AI, MiraLink™, and real-time astronomy solutions. Learn more at https://vegacore.ai.

Legal Notice and Forward-Looking Statements

This press release includes forward-looking statements, including statements regarding development plans, market opportunities, financing, and anticipated benefits to shareholders. These statements are subject to risks and uncertainties that could cause actual results to differ materially. VGTel undertakes no obligation to update forward-looking statements.