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Orbit Technologies Ltd. — Investor Presentation 2022
Mar 31, 2022
6966_rns_2022-03-31_bdb9d2b5-04fe-496a-9f3a-fe553ef469c2.pdf
Investor Presentation
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Orbit Investors Presentation
Growing Together
March 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 58 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







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




Airborne Satellite Communication

Orbit Satcom Offering
VTOL's Rotary Wing
Business Jets
UAS Mission / ISR
Transport

2020 Business Aviation Outlook – Orbit 12" Antenna System


Airborne Satellite Communication Recent Publications
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מוצרי תקשורת לווינים מוטסים – צמיחה דרך מוצרים

שוק אזרחי
פוטנציאל מצטבר
שוק צבאי
Airborne Satellite Communication Recent Publications



Airborne Satellite Communication Installation Kit
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- -
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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

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

Financial Review

Revenue, Ebitda, Net Profit, Backlog 2017-2021




Revenue, Ebitda, Net Profit, Backlog 2017-2021 (Q4)




Debt declined (Million \$) Bonds



Growth in Equity



R&D Gross 2017-2021



Balance Sheet (Million \$)

| ASSETS | 31.12.17 | 31.12.18 | 31.12.19 | 31.12.20 | 31.12.21 |
|---|---|---|---|---|---|
| CURRENT ASSETS | |||||
| Cash and cash equivalents & Sort term deposits |
13.3 | 12.0 | 17.4 | 23.6 | 29.9 |
| Accounts receivable | 10.8 | 10.6 | 12.2 | 11.5 | 10.7 |
| Inventories | 7.8 | 7.5 | 7.3 | 5.7 | 5.7 |
| Amounts due for construction contracts |
4.8 | 4.4 | 3.6 | 5.1 | 7.1 |
| NON-CURRENT ASSETS | |||||
| Fixed assets | 3.5 | 4.9 | 8.9 | 8.5 | 14.6 |
| Intangible assets | 5.2 | 5.8 | 5.8 | 5.5 | 6.3 |
| LIABILITIES AND EQUITY | 31.12.17 | 31.12.18 | 31.12.19 | 31.12.20 | 31.12.21 |
|---|---|---|---|---|---|
| CURRENT LIABILITIES | |||||
| Current maturities of convertible bonds | 2.4 | 2.4 | 2.5 | - | - |
| Other accounts payable | 9.0 | 10.9 | 11.2 | 13.7 | 14.9 |
| NON-CURRENT LIABILITIES | |||||
| Convertible Bonds | 4.8 | 2.4 | 2.5 | - | - |
| Equity | 22.3 | 23.3 | 30.9 | 35.7 | 43.5 |

Thank You
