Full Press Release Details
SVM Machining, Inc. Secures ITAR Registration, Enabling Entry into
U.S. Defense Manufacturing Contracts
NEWPORT BEACH, Calif., March 24, 2026 (GLOBE NEWSWIRE) -- PMGC Holdings
Inc. (NASDAQ: PMGC) ("PMGC" or the "Company"), a diversified public holding company executing a targeted roll-up
strategy in U.S.-based manufacturing, is pleased to announce that its wholly owned subsidiary, SVM Machining, Inc. dba Silicon Valley
Manufacturing ("SVM"), has completed International Traffic in Arms Regulations ("ITAR") registration and is in
compliance with ITAR. The ITAR is administered by the U.S. State Department's Directorate of Defense Trade Controls, which controls
the export and import of defense articles and services.
The Company believes this completed ITAR registration will further
enable SVM to pursue defense and aerospace programs that require compliance with U.S. export-control standards. Also, the Company believes
this milestone enhances SVM's eligibility as a qualified supplier to Tier 1 defense contractors and aerospace original equipment
manufacturers. The registration supports the Company's broader strategy to expand into high-value, defense-related manufacturing.
About SVM Machining, Inc.
Inc. dba Silicon Valley Manufacturing is a California-based ISO 9001:2015 Certified precision CNC machining and manufacturing services
company that produces high-quality, engineered components for a diverse set of mission-critical industries, including medical technology,
aerospace, semiconductor, biotech & pharmaceutical, and transportation. Known for its technical expertise, quality systems, and ability
to deliver complex parts with precision tolerances, SVM supports original equipment manufacturers and advanced technology customers with
reliable and responsive production capacity. For more information, please visit https://svmfg.com.
About PMGC Holdings Inc.
Inc. is a diversified holding company that manages and grows its portfolio through strategic acquisitions, investments, and development
across various industries. We are committed to exploring opportunities in multiple sectors to maximize growth and value. For more information,
please visit https://www.pmgcholdings.com.
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Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on March 28, 2025, and its other documents subsequently filed
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