Subsidiary Updates

Jun 17, 2026

Frosty Fuels FBO Grand Opening

Frosty Fuels Logo FC

We invite shareholders and community members to join us in celebrating the Grand Opening of Aleut Ventures’ new Fixed Base Operator (FBO) facility during the Silver Salmon Derby, taking place Friday, September 4 through Sunday, September 6 in Cold Bay, Alaska. We’re excited to be in-region for the weekend—both to mark this milestone and to support one of Cold Bay’s most important community events. Guests can stop by the FBO anytime throughout the weekend to enjoy food, games, giveaways, and a special Shop Aleut merchandise release, and to enter our grand giveaway, with winners announced at the close of the Derby.

Beyond aviation services, the FBO represents a long-term commitment to strengthening in-region services and supporting the resilience of our region. As Frosty Fuels continues to improve the available in-region services for crews and operators, the FBO is helping make Cold Bay a more reliable stop for regional and international carriers, building resilient infrastructure that serves communities, supports economic activity, and enhances regional reliability year-round.

This new FBO—developed as part of Aleut Ventures’ $1.25 million investment in Cold Bay through Frosty Fuels services and infrastructure—features a crew lounge and passenger waiting area. It enhances the community’s ability to support commercial, cargo, medevac, and local air traffic, while reinforcing Cold Bay’s role as a critical hub along North Pacific
aviation routes.

We are proud to celebrate this opening alongside the Cold Bay community and look forward to continued investments that serve both near-term service needs and long-term regional growth.

Sun setting over Cold Bay, Alaska
Beaded Line Texture

Introducing Aleut Environmental Consulting

AEC Logo FC Digital

On April 1, 2026, we welcomed Aleut Environmental Consulting (AEC) to the Aleut Family of Companies as our newest Alaska-based subsidiary. This addition expands our capabilities in environmental stewardship and technical services while advancing technical excellence, creating career opportunities, and supporting the long-term sustainability of the lands and communities we call home.

Headquartered in Anchorage, AEC brings together an experienced Alaska-based workforce and full lifecycle environmental services under a focused consulting entity led by General Manager Jennifer Anderson (PE, PMP).

Formerly operating within Aleut Federal, AEC is now positioned to provide enhanced regional alignment—working closely with tribal partners, village corporations, and local stakeholders while continuing to serve federal, state, and commercial clients throughout Alaska.

Shadden Excavation Bucket
Excavation crew working in Unalaska
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