On October 31, 2019, AS-IP Tech, Inc. (ASIP) entered into a License Agreement with PT. Jalin Angkasa Indonesia (JAI). ASIP and its associates have developed a new generation Bluetooth airline connectivity solution designated fflya (pronounced fly-a), that connects passengers and crew via the latest generation Low Earth Orbit Satellites. fflya comprises multiple software frameworks embedded into an airlines existing booking app which extends the airlines digital reach as it brings it to life inflight. fflya is specifically developed for single isle airliners. Of the 18,000 currently in operation globally, only 10% have connectivity, the bulk of which operate in North America. The fflya platform is the only ultra low-cost alternative to Wi-Fi, specifically designed for low cost and regional carriers, capable of supporting free passenger messaging, crew communications, inflight e-commerce, interactive airline promotions and telemetry data acquisition. The onboard system comprises 3 simple to install components and is 95% cheaper than International Wi-Fi platforms, so it can be easily underwritten by a self-funded business model. JAI is an Indonesian limited liability company, involved in the communications industry and wants to market and supply fflya technology to customer airlines. ASIP desires to have a marketing relationship in Indonesia for the sale and support of fflya to prospective airline customers. Over recent months, JAI has introduced ASIP to senior management of several Indonesian airlines. As a result, ASIP has agreed to grant JAI the exclusive right to market fflya in Indonesia and Malaysia and, subject to the successful launch in Indonesia, other regions as agreed. Under the terms of the License Agreement, ASIP grants JAI, an exclusive 5 year license to provide the fflya program to JAIs customers. In return, JAI will fund all programs including Indonesian certification of the launch program and the establishment of a dedicated Indonesian communications gateway. Under the licence, ASIP will receive commissions comprising 5% to 10% of the revenue after airline commissions (net revenue) on the launch airline, and 10% of the net revenue on all subsequent airlines.