02/20/2026
𝗔𝗲𝗿𝗼 𝗩𝗲𝗹𝗼𝗰𝗶𝘁𝘆 𝗮𝗻𝗱 𝗦𝗼𝗳𝘁𝗪𝗮𝘀𝗵 𝗦𝘆𝘀𝘁𝗲𝗺𝘀 𝗟𝗮𝘂𝗻𝗰𝗵
𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗔𝗹𝗹𝗶𝗮𝗻𝗰𝗲 𝘁𝗼 𝗗𝗿𝗶𝘃𝗲 𝟮𝟬𝟮𝟲 𝗚𝗿𝗼𝘄𝘁𝗵
𝗠𝗶𝗻𝗻𝗲𝘁𝗼𝗻𝗸𝗮, 𝗠𝗶𝗻𝗻𝗲𝘀𝗼𝘁𝗮 — 𝗙𝗲𝗯𝗿𝘂𝗮𝗿𝘆 𝟭𝟵, 𝟮𝟬𝟮𝟲 — BT Brands, Inc. (Nasdaq: BTBD) today announced that its proposed merger partner, Cincinnati-based Aero Velocity Inc., a leader in commercial drone operations and aerial robotics, has initiated a strategic alliance with Sanford, Florida-based SoftWash Systems, a pioneer and leader in environmentally responsible exterior cleaning solutions. Together, the companies are launching an integrated drone-washing solution to improve safety, efficiency and sustainability in cleaning buildings, roofs and large-scale structures.
The collaboration combines Aero Velocity’s advanced UAV (unmanned aerial vehicle) platforms and drone washing expertise with SoftWash Systems’ proven low-pressure cleaning technology and biodegradable treatment solutions. The result is an advanced aerial cleaning system capable of safely treating surfaces that are difficult, hazardous or costly to access using traditional methods.
“Pairing Aero’s precision drone technology with SoftWash Systems’ industry-leading cleaning techniques redefines what’s possible in exterior maintenance,” said Mark Hastings, Chief Executive Officer of Aero Velocity. “This collaboration enables SoftWash affiliates to offer complete ground-to-air cleaning solutions, reducing labor risks and minimizing disruption. Aero Velocity gains access to best-in-class SoftWash crews to expand ground coverage and deliver comprehensive solutions to commercial clients.”
Unlike conventional pressure washing, the SoftWash method uses specialized solutions that eliminate mold, mildew, algae and bacteria at the source while preserving surface integrity. Integrated with Aero Velocity’s drone platforms, the system can be rapidly deployed across commercial buildings, multi-story residential properties, industrial facilities, solar arrays and other large structures.
“Safely cleaning building exterior surfaces without damaging pressure has always been central to SoftWash Systems,” said AC Lockyer, CEO and Founder of SoftWash Systems. “Working with Aero Velocity brings our soft washing technology to new heights—literally—while expanding service capabilities for our franchisees worldwide. With operations in seven countries and three territories, we believe this partnership will accelerate our growth.”
𝗞𝗲𝘆 𝗕𝗲𝗻𝗲𝗳𝗶𝘁𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗖𝗼𝗹𝗹𝗮𝗯𝗼𝗿𝗮𝘁𝗶𝗼𝗻:
• 𝗘𝘅𝗽𝗮𝗻𝗱𝗲𝗱 𝗥𝗲𝗮𝗰𝗵 𝗮𝗻𝗱 𝗜𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗲𝗱 𝗢𝗳𝗳𝗲𝗿𝗶𝗻𝗴 – Broader geographic coverage with a fully integrated ground-to-air cleaning solution
• 𝗘𝗻𝗵𝗮𝗻𝗰𝗲𝗱 𝗦𝗮𝗳𝗲𝘁𝘆 𝗮𝘁 𝗛𝗲𝗶𝗴𝗵𝘁 – Reduced reliance on ladders, scaffolding and lifts
• 𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗘𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆 – Faster deployment of crews and pilots
• 𝗖𝗼𝘀𝘁 𝗢𝗽𝘁𝗶𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻 – Lower customer acquisition and equipment costs over time
This alliance embodies a shared vision to modernize exterior maintenance through innovation, sustainability and smarter technology deployment. By combining SoftWash Systems’ standardized processes with Aero Velocity’s proprietary drone platforms and trained professionals, the companies aim to provide consistent, scalable performance across markets. Joint go-to-market efforts are underway to target the growing global commercial exterior cleaning market, estimated at more than $1 billion annually. The initiative is expected to contribute meaningfully to 2026 revenue growth.
“We are excited to partner with the industry pioneer of the soft washing technique, AC Lockyer and his team” added Hastings. “We believe this collaboration creates meaningful value for customers, franchisees and shareholders alike.”
𝗔𝗯𝗼𝘂𝘁 𝗔𝗲𝗿𝗼 𝗩𝗲𝗹𝗼𝗰𝗶𝘁𝘆
Privately owned Aero Velocity designs and manufactures American-made, NDAA-compliant UAVs and operates a growing Drones-as-a-Service (DaaS) platform. The company is a founding member of AeroShield Alliance, a consortium delivering AI-enabled UAV, ISR and workforce solutions. Aero Velocity provides end-to-end UAV-powered systems that enable organizations to assess and respond to real-world conditions with enhanced speed and safety.
𝗣𝗿𝗼𝗽𝗼𝘀𝗲𝗱 𝗠𝗲𝗿𝗴𝗲𝗿
Aero Velocity and BT Brands, Inc. (Nasdaq: BTBD) entered into a definitive merger agreement in September 2025, pursuant to which the combined company is expected to be renamed “Aero Velocity Inc.” and, subject to required approvals, trade on the Nasdaq Capital Market. Mr. Hastings is expected to serve as CEO following the closing. The transaction has been unanimously approved by both boards and is expected to close in 2026, subject to stockholder approval and customary conditions.
𝗔𝗯𝗼𝘂𝘁 𝗦𝗼𝗳𝘁𝗪𝗮𝘀𝗵 𝗦𝘆𝘀𝘁𝗲𝗺𝘀
Founded in 2010, privately held SoftWash Systems is a global provider of environmentally responsible exterior cleaning solutions. The company supports more than 100 affiliates and franchisees across seven countries, generating over $39 million in revenue in 2025. Through proprietary equipment, specialized treatment solutions and comprehensive training, SoftWash Systems delivers scalable, recurring-service solutions designed to protect surfaces, extend asset life and reduce environmental impact.
𝗙𝗼𝗿𝘄𝗮𝗿𝗱-𝗟𝗼𝗼𝗸𝗶𝗻𝗴 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements regarding the benefits of the transaction, the anticipated timing of the transaction, the products and services offered by Aero Velocity and the markets in which it operates, and Aero Velocity’s projected future results. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are based on management’s current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from the forward-looking statements in this press release, including the risks described in BT Brands’ SEC filings, which are available on the SEC’s website at www.sec.gov. These forward-looking statements speak only as of the date hereof, and Aero Velocity and BT Brands expressly disclaim any obligation to update or revise them except as required by law.
𝗣𝗮𝗿𝘁𝗶𝗰𝗶𝗽𝗮𝗻𝘁𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗦𝗼𝗹𝗶𝗰𝗶𝘁𝗮𝘁𝗶𝗼𝗻
BT Brands, Inc. (“BT Brands”) and Aero Velocity Inc. (“Aero Velocity”) and their respective directors and executive officers may be deemed participants in the solicitation of proxies from BT Brands’ stockholders in connection with the proposed transaction. Information regarding BT Brands’ directors and executive officers is available in BT Brands’ filings with the SEC, including its most recent Annual Report on Form 10-K and other reports. Additional information regarding the participants in the solicitation and their interests in the proposed transaction will be included in the registration statement on Form S-4 (including the proxy statement/prospectus) that BT Brands intends to file with the SEC. Investors and security holders may obtain copies of these documents, when available, free of charge at the SEC’s website at www.sec.gov.
𝗡𝗼 𝗢𝗳𝗳𝗲𝗿 𝗼𝗿 𝗦𝗼𝗹𝗶𝗰𝗶𝘁𝗮𝘁𝗶𝗼𝗻
This communication is for informational purposes only and is not intended to and does not constitute an offer to sell or the solicitation of an offer to buy any securities, or the solicitation of any vote or approval. Any solicitation will be made only through a proxy statement/prospectus and other documents filed with the SEC.
𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝗥𝗲𝗹𝗮𝘁𝗶𝗼𝗻𝘀 & 𝗠𝗲𝗱𝗶𝗮 𝗖𝗼𝗻𝘁𝗮𝗰𝘁𝘀
𝗕𝗧 𝗕𝗿𝗮𝗻𝗱𝘀:
Kenneth Brimmer, Chief Financial Officer
[email protected]
612-414-5104
𝗔𝗲𝗿𝗼 𝗩𝗲𝗹𝗼𝗰𝗶𝘁𝘆 𝗜𝗻𝗰.:
Mark Hastings, Chief Executive Officer
[email protected]
513-224-4439
𝗦𝗼𝗳𝘁𝗪𝗮𝘀𝗵 𝗦𝘆𝘀𝘁𝗲𝗺𝘀:
AC Lockyer, Chief Marketing Officer
[email protected]
855-763-8669
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