Visionstate Portfolio Company Sol Spaces Accelerates Growth with Climate-Resilient Greenhouse Technology and Expands into Housing Opportunities

Building on a record year, Sol Spaces is expanding into backyard studios that can evolve into full-service rental dwellings, opening new avenues for market expansion

Edmonton, Alberta--(Newsfile Corp. - September 23, 2025) - Visionstate Corp. (TSXV: VIS) ("Visionstate" or the "Company") is pleased to provide an update on its portfolio company, Sol Spaces Inc., which continues to demonstrate strong growth as it capitalizes on the rising demand for local food security and sustainable housing solutions.

In 2025, Sol Spaces achieved its best year to date, completing more greenhouse projects than ever before while also shipping its first greenhouse kit. The introduction of the kit format is a pivotal milestone, significantly expanding Sol Spaces' addressable market by enabling efficient shipping and installation across North America. This positions the company to scale its revenues more rapidly and to tap into consumer and institutional demand for climate-resilient food production solutions.

Further demonstrating its leadership, Sol Spaces recently announced new community greenhouse projects including Elmwood Park, in collaboration with the University of Alberta, to advance sustainable growing practices:

• A 1,200 square foot community research greenhouse featuring advanced heat recapturing through concrete slab flooring, which will capture, store, and redistribute heat for greater energy efficiency. Owned and operated by a local Edmonton community league, this facility will directly support food security initiatives.

• A 500 square foot and an additional 240 square foot greenhouse for a non-profit supporting African immigrants. The facility will provide space to grow culturally significant plants, improving access to familiar foods while fostering education, connection, and community building.

A key differentiator for Sol Spaces is its commitment to intelligent product design and integrated technology that addresses the urgent challenges of climate change. Its greenhouses incorporate solar-powered venting systems and removable shading to naturally regulate climate conditions, while ongoing collaborations - such as with the University of Alberta - are enabling the integration of advanced heat recapturing and other energy-efficient systems. Together, these innovations reduce reliance on external energy sources, enhance climate resiliency, and expand Sol Spaces' expertise as a leader in sustainable infrastructure.