Subsidiary Updates

Sep 17, 2026

Aleut Federal (AF)

Aleut Federal secured new opportunities that support long-term shareholder value. This quarter, the company was awarded a $1.2 million Air National Guard security construction project and a $14.1 million Department of Energy contract supporting operations across nine locations nationwide.

Aleut Federal is pursuing new business with three Regional Project Management Offices in Southern California, Texas, and the Pacific Northwest, bringing services closer to customers and expanding its reach in key markets.

In addition, Aleut Federal supports the U.S. Space Force’s Officer Training Course (OTC), a program that is critical in developing and training the next generation of space operations professionals. Recognition of the program’s importance underscores the value of the mission-critical work Aleut Federal helps deliver and reinforces the company’s reputation for excellence across its service areas.

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Strata-G Solutions (Strata-G)

A significant milestone this quarter was Strata-G Solutions’ award of the Javelin BST Contract, expanding the company’s role in supporting critical defense programs. The award adds logistics support and repair services to Strata-G’s existing capabilities, allowing the company to provide customers with a broader range of solutions throughout a product’s lifecycle.

The contract also creates opportunities for future task orders and long-term follow-on work, helping diversify revenue streams and strengthen Strata-G’s position in the defense market.

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Aleut Mechanical

Aleut Mechanical continued to build momentum through its expansion into the Anchorage market. The company has secured several new Southcentral Alaska projects, including work for the State of Alaska, Alaska
Native Tribal Health Consortium, Association of Village
Council Presidents, and Holland America Princess, while also advancing projects such as the Palmer Courthouse Expansion.

The expansion has opened new relationships with customers and industry partners, broadening Aleut Mechanical’s reach across commercial and industrial markets. Demand remains strong for heating and plumbing renovations, maintenance services, and emergency repairs, creating a growing pipeline of opportunities.

Reaching these targets ahead of schedule demonstrates strong demand for the company’s services and establishes a foothold in one of Alaska’s largest commercial construction markets.

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Aleut Ventures (AV)

A major highlight this quarter for Aleut Ventures was the successful opening of the new Frosty Fuels Fixed Base Operator (FBO) facility in Cold Bay, a strategic investment that strengthens services for aviation operators while reinforcing Cold Bay’s role as a critical North Pacific transportation hub. The project reflects Aleut Ventures’ continued commitment to investing in regional infrastructure that supports economic activity, connectivity, and future business opportunities.

Aleut Ventures also continued to grow tourism and hospitality offerings in Adak through cruise ship excursions, lodging enhancements, and recreational rentals.

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Aleut Energy

Aleut Energy LogoRES WILLOW SOLAR FARM:
Investing in Alaska’s Energy Future

The Willow Solar Farm represents an important milestone for Aleut’s long-term investment strategy in Alaska’s energy sector. Located along the Parks Highway in Willow, the utility-scale solar facility generates renewable electricity that is delivered to the regional power grid through Matanuska Electric Association (MEA), helping support greater energy diversification and resiliency in Southcentral Alaska.

As one of Aleut Energy’s first major renewable energy ownership initiatives, the Willow Solar Farm strengthens Aleut’s position in Alaska’s growing renewable and utility-scale energy markets while creating opportunities for future energy infrastructure investments across the state.

By generating locally produced renewable electricity, the facility helps support a more balanced energy mix while reducing reliance on fuel sources that can be subject to price volatility and supply chain challenges. It also serves as a visible example of how renewable energy can be successfully deployed and operated in Alaska’s unique climate conditions.

Each year, the Willow Solar Farm is estimated to offset approximately 1,000 to 1,300 metric tons of carbon dioxide emissions, generate enough electricity to power approximately 150 to 220 Alaska homes, and provide environmental benefits comparable to removing 220 to 280 vehicles from the road.

Beyond energy production, Aleut Energy has hosted educational tours at the site, helping Alaskans learn more about renewable energy technologies and their role in the state’s future energy landscape.

As part of Aleut’s growing energy portfolio, the Willow Solar Farm demonstrates how strategic investments can create long-term value for shareholders while supporting infrastructure development, energy reliability, and economic opportunity throughout Alaska.

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Aleut Real Estate (ARE)

Aleut Real Estate (ARE) is building on its strong foundation with a growing focus on residential real estate and strategic investments designed to generate long-term returns. In June 2026, Aleut was invited to join the groundbreaking of Raspberry Townhomes, a 58-unit build-to-rent housing development in Anchorage. As part of the project, ARE approved a $1 million equity investment, providing exposure to a growing segment of Alaska’s housing market. Designed as a long-term investment, Raspberry Townhomes is expected to generate stable rental income and cash flow over an extended period, helping diversify Aleut’s portfolio and create sustainable returns for shareholders for years to come.

Alongside its established property management, brokerage, and commercial real estate services, ARE continues to pursue new investment opportunities and partnerships that diversify revenue streams and strengthen Aleut’s portfolio.

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