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Next Vision Stabilized Systems Ltd.

Investor Presentation Aug 11, 2025

6945_rns_2025-08-11_c67dc7ba-2a63-40b1-8338-e8839bf702c1.pdf

Investor Presentation

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NextVision Stabilized Systems Ltd August 2025

DISCLAIMER

This presentation is provided by NextVision Stabilized Systems Ltd. (the "Company") as a general presentation about the Company's activities and industry. The information provided in this presentation and any other information that will be provided as part of the presentation is offered for informational purposes only and is not exhaustive of all the data about the Company and its activities and must be read together with the Company's financial statements and its immediate reports. This presentation does not constitute an offer to buy or sell or an invitation to receive offers to purchase securities in any jurisdiction and is intended for informational purposes only.

The information provided in this presentation does not constitute a basis for making an investment decision nor does it constitute a recommendation or opinion and may not substitute any deliberation of potential investors. This presentation does not include the full results and financial information of the Company nor the explanations thereto or the details of the Company's general activity or risk factors. Hence, this presentation does not substitute an independent due diligence and personal consulting taking into account each investor's personal situation, nor does it pretend to encompass or contain all the information that may be relevant for the purpose of making an investment decision.

This presentation may include forward-looking information as defined in the 1968 Securities Law, which consists of forecasts, goals, estimates, evaluations and other information relating to future events or matters whose realization is uncertain and outside the control of the Company. Forward-looking information does not constitute a proven fact and is based on the Company's subjective assessments and macroeconomic facts and data as are known to the Company at the time this presentation is formulated.

The forward-looking information in this presentation is also based on the existing information in possession of the Company, on the Company's current expectations and assessments regarding future developments in the Company and on the interaction of such developments with each other. The realization or non-realization of the forward-looking information is impacted among other things, by risk factors that characterize the Company's activities and industry, as well as by general occurrences and by external factors that affect the Company's activities, which cannot be foreseen and which are not under the Company's control. In addition, as of the date of this presentation, it is not possible to assess the full consequences of the outbreak of the War of Iron Swords on the economy and the results of the Company's activities.

The Company cannot provide assurance that its expectations and estimates, including regarding its plans, will indeed be realized and the results of the Company's activities may differ substantially from the results estimated or implied from this presentation, among other things, due to changes in any of the said factors. Also, the Company cannot provide assurance that its basic assumptions contingent on third parties will be realized. Therefore, readers of this presentation are cautioned that the Company's actual future results and achievements may differ materially from those on data and information available to the Company at the time of the presentation and the Company does not undertake to update or amend any such forecast or estimate in order to reflect events or circumstances that will apply after the date of this presentation.

TODAY'S PRESENTERS

Chen Golan Chairman & Co-Founder

Formerly:

  • o Jet Fighter Pilot, Israeli Air Force
  • o BA in Business Administration and Entrepreneurship, IDC Herzliya

Michael Grossman CEO & Co-Founder

Formerly:

  • o Officer, Israel Defense Forces Intelligence Unit 8200 – Technology R&D
  • o VP, R&D at SLYDE
  • o VP, Sales & Marketing, at BL
  • o MA in Electronics Engineering and Business Administration, Tel Aviv University

Alex Lavie CFO

Formerly:

  • o Financial Controller, Lumos Global
  • o Ernest & Young Israel
  • o BA in business management and accounting, COLMAN Rishon LeZion

NEXTVISION STABILIZED SYSTEMS

  • o NextVision Stabilized Systems ("NextVision" or, the "Company") is a leader in the global market for small, stabilized video solution systems powering missions across defense, civil and commercial applications
  • o Systems can be mounted on ground, aerial and maritime platforms and are powered by an integrated software suite that enables customers to achieve maximum costeffectiveness
  • o Provides a comprehensive stabilized video solution, with leading performance-to-sizeand-weight ratios, at a competitive price and with high reliability
  • o Trusted by elite operators and commercial customers around the world

Other 5%

Israel

Europe 54%

4

PURPOSE-BUILT TO PROVIDE RELIABLE SOLUTIONS FOR NEXT-GEN PLATFORMS

Vision

Mission Tobe the first choice for customers by providing groundbreaking solutions

To continuously improve the offered solution to meet our customers' needs while maintaining reliability

EXPANSIVE PRODUCT OFFERING DESIGNED FOR THE MISSION

NextVision's systems span an array of sensor types and system sizes, offering varied solutions for a broad range of mission profiles

Continuous investment in R&D and innovation support an ever-advancing product portfolio

Note: Numbers and multiples above NextVision's systems represent infrared camera photo resolution (expressed in pixels) and infrared camera zoom range (expressed as a multiple of DragonEye 2 range).

LEVERAGING TECHNOLOGY FOR SUSTAINED LEADERSHIP

Research and development is in NextVision's DNA, underpinning unmatched technological superiority across its family of systems

NextVision Has Assembled an Array of Tech-Enabled Capabilities and Solutions Through Continuous Innovation

7

CUTTING-EDGE TECH PIPELINE SUPPORTING TOMORROW'S BATTLEFIELD

NextVision is an innovation-driven company, with two or three game-changing new solutions generally released each year

New Products Released in 2025

~20% of NextVision's Employees are Solely Focused on R&D, a Testament to Its Commitment to Innovation

NightHawk2-V360 25IR

TRIP6SSD

Raven2.5

Condor

2kg Cooled IR with high zoom Built-in Range Finder Applicable to a variety of platforms 1.5kg 3X Axes Range Finder Uncooled IR with high zoom 40 millijoule continuous pulsed illuminator 360 Continuous Narrow Thermal Lens Next-generation platform designed to integrate user developments with NextVision capabilities Aerodynamic Design and Cooled IR Combined EO and Targeting Solution Enables 3 rd-Party Application Integration on the TRIP6 Rounds Out NextVision's 360 Continuous Systems Offering

NEXTVISION SOFTWARE ENABLES EXTENSIVE ONBOARD PROCESSING

Onboard processing is critical to operating across dynamic environments to meet every mission's requirements

Software-Enabled Capabilities

TRIP Series Video Processors Integrate Seamlessly with NextVision Hardware, Offering Applications for Virtually Every Mission

COMPREHENSIVE SOFTWARE SUITE DRIVES MISSION SUCCESS

Integrated Suite of Software Purpose Built for Ease of Use and Capable of Supporting the Full Mission Lifecycle

  • o Purpose-built to maximize the operator's mission effectiveness, situational awareness and control
  • o Integrates seamlessly with NextVision's products to support plug-and-play system capabilities
  • o User friendly interface designed for ease-of-operation and minimal training requirements
  • o Advanced embedded software features integrate seamlessly with its user-friendly interfaces and other tools
  • o "One stop shop" system allows operators to plan, execute and review, all in the same environment

Planning

Intuitive UI allows planning in the same environment missions will be executed, ensuring preparedness

Simulation

Built-in simulation software allows operators to train as they'll perform, perfecting cadence ahead of time

Camera Control

In-house control software seamlessly integrates with NextVision's products, driving mission success

Video Distribution

Live screening directly from NextVision's products, enabling continuous monitoring of progress

Battle-Ready Upgrades

Built-In Configuration

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11

COMPETITIVE ADVANTAGES AND TAILWINDS FROM MARKET TRENDS

  • Evolving Use of Unmanned Systems in Modern Warfare, with Global Leaders Taking Steps to Fill Their Arsenals
  • Global Defense Spending is Reaching New Heights, Leading to Multi-Billion Dollar TAMs for Unmanned Systems
  • Strategic Positioning within the US Defense Ecosystem as an Approved Vendor within the Blue UAS Framework
  • NextVision's Products Were Purpose-Designed to Enable Today's Unmanned Systems
  • A Leading Company with Field-proven Solutions and Broad Mission Relevance
  • Trusted by the Most Demanding Customers Across a Broad Mission Set
  • A Strong Financial Standing, Driven By a Solid Backlog and Long-standing Partnerships with Strategic Customers

EVOLVING USE OF UNMANNED SYSTEMS IN MODERN WARFARE…

Operation Rising Lion

Ungentlemanly Robots: Israel's Operation Rising Lion and the New Way of War

"Israel's strike, like Ukraine's earlier Operation Spider's Web, validates how small autonomous systems – when staged forward and synchronized with longrange fire – compress the timeline to relative superiority."

– Center for Strategic and International Studies June 2025

Operation Spider's Web

Operation Spider's Web: How Ukraine Rewrote the Rules of Drone Warfare

"Military analysts say the strike, launched in the early hours of June 1, 2025, is a wake-up call – not just for Russia, but for the world. It showed how accessible, low-cost technology, coupled with sharp strategy, can deliver devastating precision from hundreds of miles away."

– Scripps News July 2025

Source: Various news sources.

… WITH GLOBAL LEADERS TAKING STEPS TO FILL THEIR ARSENALS

US Executive Order to Unleash Drone Dominance Unlocks Transformational Whitespace for Unmanned Systems

  • o Removes legacy procurement rules, enabling officers with the rank of Colonel or Captain to independently procure and test drones
  • o Creates a "dynamic, AI-searchable Blue List," cataloguing approved drone components, vendors and performance ratings
  • o Accelerates weaponization approvals, requiring a response to drone arming requests within 30 days of receipt

EU Urges Rapid Drone Production to Counter Russian Threat

Drones at the Forefront of the Self-Defense Forces' Modernization Efforts

German Military to Order Exploding Drones for the First Time, Sources Say

Indian Army Looks to Bolster Strength With Advanced Indigenous Drones

Source: Various news sources.

GLOBAL DEFENSE SPENDING IS REACHING NEW HEIGHTS…

The US Military is Placing New Emphasis on Low-Cost, High-Volume Drones and Backing It Up with Material Budget Dollars

Total US Defense Spending by Year

NATO's Reprioritization of Defense Spending Post-Ukraine Has Unlocked Billions in Spend on Next-Gen Warfare

Source: United States Under Secretary of Defense (Comptroller) FY2021 and FY2026 Defense Budget Materials, NATO press release titled "Defence Expenditure of NATO Countries (2014-2024)" and various news sources.

"We will power a technological leapfrog, arming our combat units with a variety of low-cost drones… Drone dominance is a process race as much as a technological race."

– Pete Hegseth US Secretary of Defense, July 2025

"You see now \$400 Ukrainian drones taking out multi-million dollar, in terms of cost, Russian tanks… Speed is of the essence, not perfection, to get these new technologies in."

– Mark Rutte NATO Secretary General, January 2025

… LEADING TO MULTI-BILLION DOLLAR TOTAL ADDRESSABLE MARKETS FOR UNMANNED SYSTEMS

Source: Technavio and Global Market Insights. Note: Small Drones are those weighing less than ~25 kg.

NEXTVISION'S PRODUCTS WERE PURPOSE-DESIGNED TO ENABLE TODAY'S UNMANNED SYSTEMS

NextVision Serves a Highly In-Demand Portion of the Unmanned Systems Market

FIELD-PROVEN SOLUTIONS WITH BROAD MISSION RELEVANCE

2–3

New Products Generally Launched Annually

150+

Active Customers, Up From ~100 at the Beginning of 2024(1)

30+

Countries Fielding NextVision Products(2)

Field-Proven

Technologies In Use Around the Globe

NextVision Products in Action

NextVision's Cameras Integrated on BRINC's Responder Platform, the First Ever Purpose-Built 911 Response Drone

NextVision Products Are Spec'd-In on Uvision's HERO Family of Loitering Munitions, Ensuring Operator Visibility

NextVision's High-Fidelity Camera is Seamlessly Integrated on Quantum Systems' Multi-Sensor WASP Stealth Platform

(1) Active Customers defined as those customers that NextVision sells to in a given period. (2) Countries Fielding NextVision Products is as of June 30, 2025.

TRUSTED BY THE MOST DEMANDING CUSTOMERS ACROSS A BROAD MISSION SET

ROBUST BACKLOG AND DEEP CUSTOMER RELATIONSHIPS DRIVE ENVIABLE FINANCIAL POSITION

(1) Active Customers defined as those customers that NextVision sells to in a given period. (2) H1/2024 Order Backlog as of August 12, 2024. H1/2025 Order Backlog as of August 10, 2025.

EXPONENTIAL REVENUE GROWTH FUELED BY UNMANNED SYSTEMS DEMAND

NextVision YoY Growth

Over 73% in 2022

Over 99% in 2023

Over 121% in 2024

Future Potential Revenue Drivers

  • o Step-Change Growth in NATO Defense Spending
  • o Global Prioritization of Low-Cost, Attritable Systems
  • o Superior Product Offerings vs Closest Competitors

Note: 2025 Revenue Target represents target set by NextVision Board of Directors and is not an estimate or projection.

H1 2025 FINANCIAL HIGHLIGHTS

(USD, Thousands) 6 Months Ended
6/30/2025
6 Months Ended
6/30/2024
12 Months Ended
12/31/2024
Key Income Statement Items
Revenues \$73,243 \$55,278 \$114,934
Cost of Sales (20,198) (15,933) (32,044)
Gross Profit \$53,045 \$39,345 \$82,890
R&D (2,276) (1,199) (2,517)
SG&A (5,559) (4,086) (7,369)
Operating Profit \$45,210 \$34,060 \$73,004
Net Profit \$43,796 \$30,423 \$66,396
Key Cash Flow Item
Capex \$210 \$71 \$432

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