Orbit Technologies Ltd.

Investor Presentation • Jun 2, 2022

Orbit Investors Presentation

Growing Together

May 2022

Legal Disclaimer

• This presentation (the "Presentation") is for informational purposes only and does not constitute or form any part of any offer for sale or subscription of, or solicitation of, any offer to buy or subscribe for any shares or other securities of Orbit Technologies Ltd. (the "Company") or any of its affiliated entities nor shall it or any part of it form the basis of, or be relied on in connection with, any contract, commitment or any investment decision whatsoever. The summary information herein does not purport to be complete. To receive the full image of the Company's activity and risks it is facing, see the immediate and periodic reports filed by the Company with the Israel Securities Authority and the Tel Aviv Stock Exchange. No reliance should be placed on the fairness, accuracy, completeness or correctness of the information or opinions contained in this Presentation.
• Everything stated in this Presentation with respect to an analysis of the Company's business is merely a summary and includes forward-looking statements as defined in the Israeli Securities Law, 5728-1968. These statements include descriptions regarding the intent, belief or current expectations of the Company. Such forward-looking statements are not guarantees of future results, performance or achievements and are based on current expectations, estimations, and assumptions, involve certain risks and uncertainties which are difficult to predict and are not guarantees of future performance. Therefore, actual future results, performances or achievements of the Company may differ materially from what is or may be expressed or implied in this presentation due to a variety of factors, many of which are beyond the Company's control, including, without limitation, certain risk factors contained in the Company's reports. The Company disclaims any obligation or commitment to update these forward-looking statements to reflect future events or developments or changes in expectations, estimates, projections and assumptions. The Company does not warrant that the information is either complete or accurate.
• The Company does not undertake any obligation to update or revise any of the forward-looking statements, whether as a result of new information, future events or otherwise.
• Certain information and factual statements (including markets or trends) contained herein are based on or derived from publicly available documents or independent third party sources the accuracy of such information and the assumptions on which such information is based have not been independently verified.

Significant Install Base

4,000+ Airborne Systems

4,500+ Maritime Systems

1,800+ Ground Systems

Orbit at a Glance

Orbit is a leading global provider of innovative and highly reliable airborne audio, satcoms, and tracking

Based in Israel and the US, with international sales, production and support facilities

Founded in 1950 as a start up electronics company, Orbit pioneered precision tracking systems

Today, Orbit is a global market leader with technology superiority in airborne audio management and mobile satellite communication

Orbit is a publicly listed company (TASE), combining a strong balance sheet with productive R&D investment

Orbit Customer Base

• Orbit serves a diverse, blue-chip international customer base
• Customers located in 59 different countries
• Key development partners include Boeing, Lockheed Martin, SES, Inmarsat, Airbus, Rafael and IAI

US, NATO & International Armed Forces ESA, NASA and National Space Agencies Satellite Operators Aircraft Manufacturers Earth Observation Companies Emerging New Space Entrants

Orbit Global Network

Orbit Communication Inc., USA

• Over 20 years of operation
• Major Growth Factor
  • Blue Chip Companies and Government Agencies
  • Boeing, Lockheed Martin, SNC (Sierra Nevada Corporation) L3Harris, United States Air Force
  • Platform for Global Sales via US Local Integrators
  • FMF Reform Ready
• Full Production capabilities
• American Sales and Service

Main Product Segments

Mobile Satellite Communication

• Pioneer in Airborne Satcoms and Audio Management
• Civil and DoD/MoD qualifications and certifications
• Tailored solutions for a broad range of aircraft, helicopters and UAVs
• Airborne Satellite Communication
• Maritime Satellite Communication
• Long-standing supplier to US and NATO Navies and Air Forces

• Top supplier of compact Ground Stations for 'New Space' and Earth Observation
• Range of fixed and transportable Turn-Key Telemetry and Tracking Solutions

Airborne Audio

Mobile Satellite Communication

Ground Systems

Prime Customers & Partners

Airborne and Maritime Satellite Communication

בסיס חזק של לקוחות ושווקים עולמיים

Audio Management Systems

Airborne Audio Management – Substantial Opportunities

• Large Install Base
• Thousands of Flying Systems
• Leading-edge technical features on Orion™ including 3D audio and Active Noise Reduction
• Growth potential to Rotorcrafts and Ground Platforms

AMS Significant Install Base – Partial Snapshot

Year	Customer	Platform
1991	US Army	Army Helicopters
1995	Lockheed Martin	Classified
1996	IAI & Boeing	T-38
1997	Gulfstream	G 4
1998	Rockwell Collins	KC-135
2001	Gulfstream	G-3/4/5
2002	US Navy	Confidential
2004	Airbus DS	C-295, CN-235
2009	US Homeland Security	Confidential
2013	Antonov	Confidential

Year	Customer	Platform
2013	UAC	MC-21
2014	Undisclosed OEM	Trainer
2015	Airbus DS	C-295
2018	US Air Force	KC-135
2018	Embraer	Confidential
2019	IAI	Heron TP
2016	Boeing	Classified
2020	Boeing	T-7A
2020	Lockheed Martin	F-16
2021	CASFER,SNC, L3H,Airbus	C-130, C-295, G550

* ייצור סדרתי בהקפים גדולים

מערכות אודיו קשר פנים – מוצרים סדרתיים

מגוון פלטפורמות ליצור סידרתי

NEW PROGRAMS (Fighter's, Trainer's, Helicopters, Mission…)

LOCKHEED MARTIN F-16 מטוסים 5000 פוטנציאל

פוטנציאל 2000 מטוסים CLASSIFIED – BOEING

חיל האויר האמריקאי מטוסי תדלוק פוטנציאל 750 מטוסים -135KC-USAF

G550, KingAir350, U-28, P-12, C-295, AN-124, AN-128 בשנה משימה מטוסי עשרות

2021	2022	2023	2024	2025	2026	2027	2035

Growing Relationship with Leading OEMs

COMMERCIAL	MILITARY	AVIONICS	ATC/ATM	HELICOPTER	SATCOM	UNMANNED
HOME MILITARY
					Boeing selects Orbit's audio management system (AMS) for new
USAF trainer
					Orbit's Orion AMS to be integrated into the U.S. Air Force's new T-7A Red Hawk advanced pilot training
system.
May 6th, 2020
0 0 0 0 0
					RELATED
				Home
					Orbit Communication Systems
					May 5th, 2020
				Home
					Boeing Jan 30th, 2020

F-16 Orion Recent Award

The late Michele A. Evans, Ulmer's predecessor as Lockheed VP for aeronautics, said in September 2020. the company sees a possibility 'of getting up to 5,000" F-16s built. She also said the company views the F-16 as an entrée to its F-35, for countries that are not yet ready to adopt the fifth-generation fighter, but may wish to later

Source: Airforce Magazine

\$46 Million Contract

F-16 Orion Recent Award

USAF Unveils \$6.3bn F-16 Fighter Upgrade Program

by David Donald - March 4, 2022, 6:18 AM

F-16s from the 53rd Wing and 96th Test Wing are seen at Eglin AFB, Florida, in July 2020. All four had been fitted with the APG-83 SABR radar for trials. (Photo: U.S. Air Force)

After some years of stalling over a fleet modernization effort, the U.S. Air Force will now upgrade 608 of its youngest Lockheed Martin F-16s in a massive program that will cost an estimated \$6.3 billion. Managed by the Fighters and Advanced Aircraft Directorate of the Air Force Life Cycle Management Center, the program brings together 22 specific modifications-some of which are already under way-that address the aircrafts lethality and aim to equip it for service until at least the late 2040s.

Airborne Satellite Communication

Orbit Satcom Offering

VTOL's Rotary Wing

Business Jets

UAS Mission / ISR

Transport

2020 Business Aviation Outlook - Orbit 12" Antenna System

Aircraft Deliveries

Delivery Value - Constant \$2020

~7,300 Aircraft, up to \$235B in value from 2021-2030

2020 BUSINESS AVIATION OUTLOOK

Airborne Satellite Communication Recent Publications

Inmarsat and Orbit expand partnership with new Jet ConneX compatible inflight broadband terminal for business aviation

22 Mar 2022

PRE 8 RELEASE | JET CONNEX | | AVIATION | | BU 8INE 8 AND GENERAL

With record demand for premium business aviation connectivity, the compact tail-mount terminal is progressing towards type approval on Inmarsat's Ka-band satellite network

The business aviation market will have access to a new compact and lightweight terminal for Inmarsat's market-leading Jet ConneX (JX) inflight broadband solution from early next year, after the company expanded its partnership with Orbit Communication Systems, a leading provider of airborne communication solutions

Orbit's AirTRX30 terminal is progressing towards type approval on Inmarsat's global Ka-band satellite network, which powers JX. The advanced system is compatible with a wide range of business jets, from super mid-size to large cabin platforms, and includes only two Line Replaceable Units (LRUs), consisting of a modem manager (MODMAN) and tail-mounted antenna. The simplified architecture is optimised for efficient installation and weight savings, which in turn also helps to reduce its environmental impact.

Honeywell Forecast Shows Quick Rebound for Business Aviation as Flight Hours, Purchase Plans Grow

• · Business jet flight hours in 2021 are expected to be almost 50% higher than a year ago, and above pre-pandemic levels
• · 30th annual Global Business Aviation Outlook projects 7,400 new business jet deliveries over the next decade valued at \$238 billion
• · 90% of operators say that purchase plans of new or used jets have not been postponed by COVID-19
• · Business jet operators report a sharp increase in used aircraft purchase plans

מוצרי תקשורת לווינים מוטסים – צמיחה דרך מוצרים

שוק אזרחי

פוטנציאל מצטבר

שוק צבאי

Airborne Satellite Communication Recent Publications

Orbit Delivers its First GX30 Multi-Purpose 30cm SATCOM Terminal for Demonstration and Test on the Inmarsat Global Xpress and Mil-Ka Networks

September 09, 2021 | Press Releases

The multi-purpose, high-throughput aviation terminal supports military, government and commercial users worldwide

Fits on a range of business jets, military aircraft and unmanned aerial vehicles

Inmarsat Government, the leading provider of secure, global, mission-critical telecommunications to the U.S. government, Orbit Communications Systems Ltd. (TASE: ORBI), a leading provider of airborne communications solutions, and Boeing [NYSE: BA] Commercial Satellite Services today announced that the Orbit GX30 multipurpose terminal (MPT) demonstration system has successfully completed the first phase of testing with government users over Inmarsat Global Xpress (GX) and high-capacity, global military Ka-band. This follows the delivery of the Orbit GX46 MPT 46 cm antenna systems that have been in production since 2020.

GX is the world's first and only, globally available, seamless mobile wideband service. In U.S. government service since July 2014, GX has established itself as the gold standard for reliable communication across land, sea and air domains for assured mobile connectivity.

Boeing's managed network service and secure commanding of the Inmarsat high-capacity, global military Kaband (HCX) system provides U.S. government users with global "center of the beam" connectivity. Using hosted payloads on the Inmarsat 5 satellites, Boeing provides users 100-740 MHz of steerable, bi-directional spot beam capacity. This allows for both manual steering and closed-loop steering to always keep the designated user or platform in the center of the beam with the highest possible radiated power.

The GX30 terminal delivered a 126 Mbps+ forward link and a 29 Mbps+ return link. The MPT terminal is designed to maintain uninterrupted connectivity to the network during all flight phases.

ORBIT GX46 AIRBORNE SATCOM TERMINAL RECEIVES INMARSAT GLOBAL XPRESS COMMERCIAL AND MILITARY KA-BAND TYPE APPROVAL

Multi-purpose, high-throughput aviation terminal supports military, government and commercial users worldwide

06.04.21

Inmarsat, the world leader in global, mobile satellite communications services and Orbit Communication Systems Ltd. (TASE: ORBI), a leading global provider of airborne communications solutions, today announced that the Orbit GX46 multi-purpose terminal (MPT) has received full type approval for use over Inmarsat's Global Xpress (GX) network.

GX is the world's first and only, globally available, seamless mobile wideband service. In U.S. government service since July 2014, GX has established itself as the gold standard for reliable communications across land, sea, and air domains for assured mobile connectivity.

Orbit GX46 Airborne SATCOM Terminal Receives Inmarsat Global Xpress Commercial and Military Ka-band Type Approval

Airborne Satellite Communication Installation Kit

RASC

tactical removable airborne satellite communications

GLOBAL REMOVABLE BLOS AIRBORNE SATCOM

FOR C-130 AIRCRAFT

Designed as a complete and customizable upgrade, TRASC has been developed to provide a multi-functional and high-throughput capability to work with Ka-band solutions for transmitting voice and data for Roll-On / Roll-Off (RO/RO) C-130 airborne applications. This turnkey solution is fully FAA STC and DoD certified to work on all C-130A - J variants.

ANTENNA MOUNT FEATURES & BENEFITS

• · Optimized Size, Weight and Power (SWaP)
• · Mounting options: Multi-Purpose Hatch System (MPHS) and/or Multi-Purpose Shoulder Panel System (MPSPS)
• · Rapid RO/RO installation (NO PERMANENT modification to the aircraft)
• · Field repairable by certified technicians
• · Ka-band SATCOM 12" Orbit MPT™ 30WGX

MPT™ 30WGX KEY FEATURES

• · WGS Ready and MIL-STD-188-164C compliant
• · Inmarsat GX Category 1 & 4 certification (in process)
• · Compatibility with variety of modems
• · User-friendly web user interface (WEB-UI)
• · OpenAMIP and OpenBMIP protocol support
• · Low power consumption
  • · Lightweight antenna design
  • Stabilization using various types of INS/IRU
  • · Integrated RF electronics behind the aperture
• · RTCA/DO-160G Certification

Maritime Satellite Communication

Maritime Satcom – Expanding Market Position

OceanTRx has rapidly become a leader in large cruise ships

• Now on 12 of 15 largest liners Royal Caribbean, MSC, Virgin and others
• More than 25 Navies using Orbit Products
• Integrated New Space Support for NGSO Satellites

מיקוד של אורביט במערכות תקשורת לוויניות ימיות

פטנט ייחודי תקשורת דואלית מעניק יתרון משמעותי למערכות אורביט

המערכות הימיות של אורביט הן המערכות הימיות היחידות בעולם שתומכות בשידור וקליטה של 2 תדרים בו זמנית

פוטנציאל מצטבר

היום בבנייה מעל 900 כלי שייט צבאיים ומעל 300 צוללות

This will provide continuous satellite connectivity at a variety of frequencies to Saar 6 vessel.

Netanya, Israel, May 3, 2021– Orbit Communications Systems Ltd. (TASE: ORBI), a leading global provider of maritime and airborne satcom terminals, tracking ground station solutions, and mission-critical airborne audio management systems announced today the delivery of an OceanTRx 4 Mil satellite communications system to the Israeli Navy to be installed on the Saar 6-class corvette.

"We are proud that the Israeli Navy has chosen the OceanTRx 4 Mil Platform," said Daniel Eshchar, CEO of Orbit. "This platform is one of the most advanced naval satellite communication solutions in the world. The platform supports both military and civilian bands on a single military system."

About Orbit's OceanTRx 4 Mil System

OceanTRx 4 Mil is a Maritime Satcom Terminal, based on the OceanTRx4 platform but with advanced military features. A patented satellite communication system designed for maritime platforms and supports a variety of configurations of 1.15-meter diameter antenna systems, operating different frequencies including simultaneous operation of a variety frequencies for global operation. The OceanTRx 4 Mil system is designed for quick and convenient installation, maintenance and upgrade, combining RF performance and exceptional system availability for security customers.

מיקוד של אורביט במערכות תקשורת לוויניות ימיות

מערכות TRx Ocean של אורביט הינן המערכות הקומפקטיות ביותר בעולם באותה קטגוריה

פטנט ייחודי תקשורת דואלית מעניק יתרון משמעותי למערכות אורביט

פוטנציאל מצטבר

שוק אזרחי

Strong Maritime Presence

Orbit Communications continuous the cooperation with SLS (Support Logistic Services, a company of the Fincantieri Group) a leading European integrator for innovative military maritime satellite communication systems, for supplying SATCOM multiband maritime systems to Leonardo for the Italian Navy.

Orbit's OceanTRx 4Mil Maritime systems will provide multi-band, continuous satellite connectivity at a variety of frequencies for the Italian Navy.

NETANYA, Israel, March 21, 2022 - Orbit Communications Systems Ltd. (TASE: ORBI), a leading global provider of maritime and airborne satcom terminals, tracking ground station solutions, and mission-critical airborne audio management systems announced today that it continues the development of an order from SLS, a leading European integrator, for OceanTRx 4Mil satellite communications systems Delivery of the systems, which will provide the fleet with continuous multi-band satellite connectivity, is expected to be delivered during years 2022 and 2023

Orbit Maritime System Achieves Significant Design Milestone Acceptance for SES's O3b mPOWER system

Orbit's OceanTRx Series of Maritime systems will provide continuous satellite connectivity at a variety of frequencies and satellite orbits to support SES's multi-orbit satellite networks.

NETANYA, Israel, March 15, 2022- Orbit Communications Systems Ltd. (TASE: ORBI), a leading global provider of maritime and airborne SATCOM terminals, tracking ground station solutions, and mission-critical airborne audio management systems announced that they successfully completed the significant design milestone towards a first system release for its Orbit Maritime system in Q3 2022.

The system will enable superior quality service on SES's medium earth orbit (MEO) constellation, O3b, its second-generation MEO system, O3b mPOWER, as well as its geostationary (GEO) satellites.

The terminal is the result of a partnership agreement between the companies in 2021 to develop evolutionary multi-orbit maritime terminals.

SES's O3b mPOWER satellites are operating approximately 8,000km above Earth's surface and can be shifted and scaled in real-time to meet customer demands. When launched this year, the O3b mPOWER system will deliver connectivity services ranging from tens of megabits to multiple gigabits per second.

Strong Maritime Presence

05.07.2021

אורביט קיבלה הזמנה למערכות תקשורת לוויינית בהיקף של כ-6.3 מיליוו דולר

הזזמנה היא עבור פלטפורמה צבאית ימית מאינטגרטור אירופאי מוביל הכוללת מערכת מסוג OceanTRx4 Mil החדשה

מערכות ה-OceanTRx4 , תספקנה קישוריות לוויינית רציפה במגוון תדרים לספינות צי מוביל באירופה. מתחילת השנה החברה דיווחה על קבלת הזמנות למערכות תקשורת לוויינית מסוג OceanTRx בסך של כ- 16.9 מיליון דולר

אורביט טכנולוגייס (תייא : ארביט) מובילת שוק בפתרונות לניהול קשר ושמע במערכות מוטסות, טרמינלים לתקשורת לוויינית מוטסת וימית הודיעה היום על עסקה משמעותית במסגרתה קיבלה הזמנה מלקוח שהינו אינגרטור אירופאי מוביל, למערכות תקשורת לוויינית מסוג OceanTRx4 Mil עבור פלטפורמות צבאיות ימיות חדשות באירופה בסך כולל של כ-6.3 מיליון דולר.

אספקת המערכות, אשר יסופקו לצי האירופי קישוריות לוויינית רציפה על גבי פס רחב, צפויה להתחיל במהלך 2023. המערכות הנייל יתווספו למערכות OceanTRx של אורביט שכבר קיימות באוניות הצי ומחזקת את אחיזתה של אורביט כמובילה בשוק זה.

Ground Stations – New Space

Ground Stations – New Space Opportunities

Rapid growth in 'New Space' ,

High demand for data drives

Growing demand for Connectivity

Orbit providing Ground Stations for New Space

Gaia Series

Earth Observation

רכישת חברה בת - יוקליד הנדסת מערכות בע"מ

Ground Stations Recent Publications

הנדון : אורביט מדווחת על קבלת הזמנה מלקוח אירופאי עבור מערכות תקשורת לוויינית קרקעיות להורדת נתונים מרשת לווייני תצפית בהיקף של כ 1.8 מיליון דולר

אורביט טכנולוגייס (תייא : ארביט) מובילת שוק בפתרונות לניהול קשר ושמע במערכות מוטסות, טרמינלים לתקשורת לוויינית מוטסת וימית, הודיעה היום על קבלת הזמנה מלקוח אירופאי נוסף עבור מערכות תקשורת לוויינית קרקעיות מסוג GAIA 100 להורדת נתונים מרשת לווייני תצפית בהיקף של כ- 1.8 מיליון דולר. המערכת שתסופק תהיה חדשנית ביותר בשוק זה, ותאפשר ללקוח עבודה בשלושה תחומי תדר שונים - המאפשרים גמישות גדולה ללקוח לפעילות מול לוויינים שונים.

ייאנו גאים על הזמנה ראשונה מלקוח זה - מוביל בתחומו במתן שירותי תצפית גלובליים, המציג צמיחה מואצת בתחום שירותי לווין לתחומים האזרחיים והצבאיים, אשר מרחיב את התשתית שלו לאספקת שירותי לווין ללקוחות גלובליים. אמר דניאל אשחר, מנכ"ל אורביט

הבחירה באורביט הינה פועל יוצא של ביצועים מעולים ואמינות גבוהה מאוד של מערכות אורביט, מובילות בתחומן, בשוק תקשורת לוויינית קרקעית, עובדה המחזקת את פעילותינו להמשיך ולשמור על יתרון טכנולוגי ולפתח מערכות מתקדמות נוספות. מערכות GAIA 100 מהוות מנוע צמיחה של אורביט לאור הגידול הניכר בצריכת שירותי לווינים אזרחיים וצבאיים".

Financial Review

Revenue, Ebitda, Net Profit, Backlog 2017-2021

Revenue, Ebitda, Net Profit, Backlog 2017-2021 (Q1)

Debt declined (Million \$) Bonds

Growth in Equity

R&D Gross 2017-2021

Balance Sheet (Million \$)

ASSETS	31.12.18	31.12.19	31.12.20	31.12.21	31.03.22
CURRENT ASSETS
Cash and cash equivalents & Sort term deposits	12.0	17.4	23.6	29.9	28.2
Accounts receivable	10.6	12.2	11.5	10.7	8.7
Inventories	7.5	7.3	5.7	5.7	7.0
Amounts due for construction contracts	4.4	3.6	5.1	7.1	7.8
NON-CURRENT ASSETS
Fixed assets	4.9	8.9	8.5	14.6	14.6
Intangible assets	5.8	5.8	5.5	6.3	9.3

LIABILITIES AND EQUITY	31.12.18	31.12.19	31.12.20	31.12.21	31.03.22
CURRENT LIABILITIES
Current maturities of convertible bonds	2.4	2.5	-	-	-
Other accounts payable	10.9	11.2	13.7	14.9	14.9
NON-CURRENT LIABILITIES
Convertible Bonds	2.4	2.5	-	-	-
Equity	23.3	30.9	35.7	43.5	45.1

Thank You