Satixfy Communications — SPAC Merger (October 2022)
31 slides from Satixfy Communications's SPAC merger presentation, Oct 13, 2022
Slide 1: Investor Presentation
Investor Presentation October 2022 September 2022
Slide 2: Disclaimer Cautionary Notes
Disclaimer Cautionary Notes This presentation is for informational purposes only. This presentation shall not constitute an offer to sell, or the solicitation of an offer to buy, any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitatio
Slide 3: Disclaimer (Continued) Forward-Looking Statements
Disclaimer ( Continued ) Looking Statements - Forward Please note that this presentation regarding SatixFy, including any accompanying oral presentation, is designed to focus on the company ’ s progress and achievements, not all material developments; may discuss uses of the company ’ s products or
Slide 4: Disclaimer (Continued)
Disclaimer ( Continued ) and other risks and uncertainties set forth in the section entitled “ Risk Factors ” and “ Cautionary Note Regarding Forward - Looking Statements ” in Endurance ’ s final prospectus relating to its initial public offering dated August 26 , 2021 ; and in subsequent filings by
Slide 5: Disclaimer (Continued) Non-GAAP and Use of Projections
Disclaimer ( Continued ) This presentation also includes certain projections of non - GAAP financial measures. Due to the high variability and difficulty in making accurate forecasts and projections of some of the information excluded from these projected measures, together with some of the excluded
Slide 6: Disclaimer (Continued) Additional Information and Where to Find It
Disclaimer ( Continued ) Additional Information and Where to Find It The proposed business combination will be submitted to the shareholders of Endurance for their consideration. SatixFy has filed the Registration Statement with the SEC, which has been declared effective on September 30 , 2022 , and
Slide 7: Endurance Acquisition Corp (EDNC) Overview
Endurance Acquisition Corp ( “ EDNC ” ) Overview ___________________________ Source: Company Information. Endurance Acquisition Corp. (NASDAQ: EDNC) is a Nasdaq - listed blank check company sponsored by Antarctica Data Partners Reputation as sector experts and viewed as strategic investors by ta
Slide 8: Investment Highlights
Integrated fabless semiconductor and communications product supplier enabling satellite based broadband delivery to markets around the world As of the end of 2021 , the Company has spent over $ 180 mm on R& D to create what we believe are the most advanced satellite and ground terminal chips in the
Slide 9: Key Differentiators
Key Differentiators To our knowledge, SatixFy is the only vertically integrated semiconductor chip company providing products across the entire satellite communications value chain SatixFy designs its chips, builds its products, codes its software and designs end - to - end systems that use its
Slide 10: The Core of Satellite Communications
The Core of Satellite Communications
Slide 11: Experienced Management with a History of Value Creation
Experienced Management with a History of Value Creation • CEO of SatixFy since June 2022 • Two decades of experience turning new technologies into saleable products and scaling up revenues. • From 2017 - 2022 , served as President and Chief Executive Officer of GreenRoad Technologies Ltd., a global
Slide 12: The NEED Driving Our Industry
The NEED Driving Our Industry Source > ITU Press Release , < 2021 Nov 30 ITU Report and press release, ] 1 [ > ONS Report Study < 2020 UK ONS ] 2 [ > Study Publication < 2021 Broadband Study, OpenVault ] 3 [ >, Statista Report < 2022 May Statista Research Department, ] 4 [ Appetite for data is vorac
Slide 13: The NEED Driving Our Industry (cont'd)
The NEED Driving our Industry (cont ’ d) Demand for always - available connectivity: anywhere, anytime, any altitude and any latitude On airplanes In rural areas At sea (maritime) 13
Slide 14: SatixFy is enabling a new generation of satellite communication systems
Source [ 1 ] Cumulative TAM from the aircraft, satellite payload, and user terminal markets Revolutionary portfolio of technology - leading silicon chips Cutting - edge products and systems serving the entire value chain, from ground, sea, air and space Large and growing addressable markets - TAM :
Slide 15: Unlocking the Full Potential of Satellite Communication
Unlocking the Full Potential of Satellite Communication SatixFy ’ s advanced ASICs will be at the heart of a revolution in the satellite communication sector We bring advantages in size, weight, power, cost and capability. We believe o ur chips have the best SWAP - C 2 on the market We believe we ar
Slide 16: Demonstrated Thought Leadership
3 Demonstrated Thought Leadership We have been consistently ahead of the curve! We continue to focus on: LEO mega - constellation and understanding the opportunity understanding the value proposition of multi - beam user terminals for LEO and multi - orbit operations t he need for scalability and
Slide 17: Comprehensive Patent Portfolio Protecting Critical Technology
Comprehensive Patent Portfolio Protecting Critical Technology 10 patents Cover various SatCom aspects Operation of half duplex terminals IoT satellite - based system Allocation of power in a LEO satellite system Operation in very low SNR conditions Satellite Communication Systems 10 pa
Slide 18: Large and Growing Market Opportunity
Large and Growing Market Opportunity 18
Slide 19: Massive investment in Low Earth Orbit (LEO) Systems
Owner Proposed number of satellites Services Estimated investment ($Billions) Elon Musk 42,000 [ 2 ] (over 1,000 already launched) Consumer broadband services 20 - 30 [3] Amazon.com, Inc. 3,236 [ 4 ] Broadband services (mainly for internal use) 10 [8] Bharti Global, UK Government, Eutelsat 6,372 [
Slide 20: Key End Markets
Key End Markets Aero OEMs are updating their airplanes to support multibeam and LEO systems ’ higher data rates Chips Terminals, gateways and satellite payloads all require chips that can provide wide bandwidth, beam - hopping and beamforming functions LEO Constellation Payloads There are 10s of 100
Slide 21: In-House Silicon Design Capability & Expertise
In - House Silicon Design Capability & Expertise Prime 1.0 Beat Sx3000 Sx3099 Sx 4000 Prime 2.0 Space (satellite payloads) Ground (terminals, hubs and gateways) • Major advantage in using SatixFy ’ s ASICs • Unique, flexible building blocks for ground and space applications • Differentiated, protect
Slide 22: LEO Opportunity for SatixFy Terminals and Payloads
LEO Opportunity for SatixFy Terminals and Payloads The space industry is facing major changes due to the development of technologies enabling smaller systems, scale improvement in performance and major cost reductions in satellite launching and operations 1,000s of new LEO satellites to be launched
Slide 23: Commercial Airline Opportunity
Projected IFC system price per aircraft $ 200 k - $ 250 k Total projected market in 2029 $ 10 b - $ 12 b # of aircrafts: 2019 : 9,000 ↓ 2029 : 17,500 Commercial fleets ( 1 ) # of aircrafts: 2019 : 22,500 ↓ 2029 : 30,000 Business jet fleets • Passengers expect same internet performance as on the grou
Slide 24: Direct-to-Cell Opportunity
Direct - to - Cell Opportunity “ Direct Satellite - to - Device connectivity offers the capability to reach billions of devices, changing the scale of the satellite industry ” NSR, Nov 4 th 2021 5 G waveform definition includes Non - Terrestrial Networks (NTN), such as Satellite and High Altitude
Slide 25: Onyx Antenna Demonstration
Onyx Antenna Demonstration 25
Slide 26: Deep Customer Relationships with Sector Leaders
Deep Customer Relationships with Sector Leaders Defense Customers 26
Slide 27: Go To Market / Growth Strategy
Go To Market / Growth Strategy Our Ground Terminals Our ASIC Chips & Satellite Payload Our Airborne Antennas Continuous growth in addressable market s and revenues SPACE 2023 e 2024 e 2025 e + IFC + GROUND SEGMENT 27 SPACE SPACE IFC
Slide 28: Financials
September 2022 Financials 28
Slide 29: Transaction Overview
Transaction Overview ___________________________ Note: The Company entered into a $ 75 mm of committed equity facility with Cantor on March 8 , 2022 , which will be available following the closing of the Business Combination. 1 . Warrants are 5 years, $ 11.50 strike price ( pari passu with and havin
Slide 30: Compelling Financials
$ 10 $ 36 $ 80 2022E 2023E 2024E Signed In active discussion ($ 20 ) ($ 6 ) $ 15 $ 42 $ 93 2022E 2023E 2024E 2025E 2026E ($ 21 ) ($ 7 ) $ 14 $ 41 $ 92 2022E 2023E 2024E 2025E 2026E Compelling Financials Revenue Visibility Rapid Revenue Growth Strong Free Cash Flow Generation ( 3 ) Ramping EBITDA Mar
Slide 31: Thank You
Thank You September 2022 31