Arcanus Aerial Systems Inc. has appointed Rahim Rajwani as Interim Chief Executive Officer, effective June 11, 2026, to lead the Canadian defence technology company through a planned listing on a major US stock exchange. The appointment comes as Arcanus advances preparations for the listing, supported by signed production contracts, sovereign procurement programs, and an expanding NATO-aligned manufacturing and partner ecosystem. Rajwani’s mandate focuses on completing the go-public transaction, institutionalizing governance, and converting the international procurement pipeline into contracted programs.

Rajwani is the Managing Director of Triumph Advisors Inc., a Vancouver-based capital markets and strategic advisory firm. He brings more than 25 years of experience spanning investment banking, corporate finance, regulatory affairs, and public company leadership. His career includes advising on numerous private placements, initial public offerings, reverse takeovers, and mergers and acquisitions across Canadian and US capital markets. He has served as a director and senior executive, including chief executive officer, of multiple public companies.

Before his appointment, Rajwani served as a Strategic Advisor to Arcanus, working on capital markets strategy and listing readiness. This role provided him with direct familiarity with the company’s operations and growth phase. His appointment is intended to place dedicated capital markets leadership at the top of the organization, allowing the operational leadership to remain focused on program delivery and manufacturing scale-up.

Strategic Priorities

Rajwani’s priorities as Interim Chief Executive Officer are centered on three main areas:

• Completing the company’s go-public transaction and associated institutional financing.
• Institutionalizing governance, reporting, and public company readiness.
• Supporting the conversion of Arcanus’ international procurement pipeline into contracted, deliverable programs.

Management Commentary

Rahim Rajwani, Interim Chief Executive Officer of Arcanus, commented that the company has assembled binding contracts, sovereign Canadian manufacturing, and a NATO-aligned partner ecosystem. He stated his goal is to match that operational reality with capital markets execution, aiming for Arcanus to arrive on public markets as a disciplined, institutional-grade defence company.

Matthew Ewing, Executive Vice President of Arcanus, noted that Rajwani has been involved in the capital markets strategy from the start. He added that the appointment allows the operating team to focus on delivering systems and scaling Canadian production while Rajwani leads the listing process and institutional buildout.

Arcanus Aerial Systems Inc. is a sovereign Canadian defence technology company specializing in advanced unmanned aerial systems, counter-UAS, and integrated battlefield solutions for NATO and allied markets. Headquartered in Toronto, Ontario, the company combines licensed, combat-validated platform technology with sovereign Canadian production capacity.