Slide 1: Annual General Meeting | 26 April 2017
For personal use only Drone security systems | A first-mover in a nascent global industry | Sydney, Australia and Virginia, USA ASX:DRO (shares) and ASX:DROO (options) Annual General Meeting | 26 April 2017
Slide 2: Resolution 1: Adoption of Remuneration Report
RESOLUTION 1 ADOPTION OF REMUNERATION REPORT For personal use only Resolution 1 is as follows: To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary resolution: “That, for the purpose of section 250R(2) of the Corporations Act and for all othe
Slide 3: Resolution 2: Re-election of Mr Robert Clisdell as Director
RESOLUTION 2 RE-ELECTION OF MR ROBERT CLISDELL AS DIRECTOR For personal use only Resolution 2 is as follows: To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary resolution: “That Mr Robert Clisdell, a Director appointed as an additional Dire
Slide 4: Resolution 3: ASX Listing Rule 7.1A Approval of Future Issue of Securities
RESOLUTION 3 ASX LISTING RULE 7.1A APPROVAL OF FUTURE ISSUE OF SECURITIES For personal use only Resolution 3 is as follows: To consider and, if thought fit, to pass with or without amendment, the following resolution as a special resolution: “That, for the purposes of ASX Listing Rule 7.1A and for
Slide 5: Resolution 4: Approval of Issue of Options to Mr Oleg Vornik
RESOLUTION 4 APPROVAL OF ISSUE OF OPTIONS TO MR OLEG VORNIK For personal use only Resolution 4 is as follows: To consider and, if thought fit, to pass with or without amendment, the following resolution as an ordinary resolution: “That, for the purposes of ASX Listing Rule 10.14, section 208 of th
Slide 6: Resolution 5: Approval of Issue of Options to Mr Robert Clisdell
RESOLUTION 5 APPROVAL OF ISSUE OF OPTIONS TO MR ROBERT CLISDELL For personal use only Resolution 5 is as follows: To consider and, if thought fit, to pass with or without amendment, the following resolution as an ordinary resolution: “That, for the purposes of ASX Listing Rule 10.14, section 208 o
Slide 7: CEO and Managing Director Overview
CEO AND MANAGING DIRECTOR OVERVIEW Strong business momentum continues. For personal use only – DroneGun, WideAlert and FarAlert launches. – DroneSentry and other products in the pipeline, responding to urgent customer needs. – Use of nefarious drones continues to increase. DroneShield maintains
Slide 8: Company Overview
COMPANY OVERVIEW An established player in the market; U.S. and international sales commenced in 2014 For personal use only Sells both drone detection and drone countermeasure products Global Leader in Drone Effective, passive and cost-effective acoustic detection technology (up to 1km range) S
Slide 9: Company Overview (Continued)
COMPANY OVERVIEW (CONTINUED) For personal use only Recent detection product sales included Turkey Prime Minister’s Office and a national High Profile Customer security agency of a major Asian country Relations and Recent countermeasure product revenues from Swiss police (protecting the 2017 Exte
Slide 10: Problem
PROBLEM Affordable consumer drones are popular but they present unique and For personal use only frequent threats to privacy, physical security, and public safety in a range of environments including industrial and critical infrastructure, prisons, government facilities, airports, outdoor events a
Slide 11: Threat Examples
For personal use only THREAT EXAMPLES 10
Slide 12: Our Solution – Detection and Countermeasures
OUR SOLUTION – DETECTION AND COUNTERMEASURES Detection For personal use only Detects drones and provides real-time alerts and digital evidence collection. Proprietary acoustic hardware and software. A cost-effective solution, and one of very few available to commercial users in the market glob
Slide 13: DroneShield Products
DRONESHIELD PRODUCTS For personal use only DroneGun Portable tactical drone jammer 180 degree wide angle near- WideAlert range detection Long-range (up to 1km) drone FarAlert detection with precise sector positioning (30 degree cone) DroneSentry Integrated detection and countermeasure system
Slide 14: Our Market
OUR MARKET Addressable civil detection market of over US$12 billion (plus the military and law enforcement markets and For personal use only the countermeasure market). Hundreds of thousands of potential customer facilities for the detection products alone worldwide in need of 2 - 100 units per in
Slide 15: Detection Technology – Competitive Advantages
DRONESHIELD’S DETECTION TECHNOLOGY – COMPETITIVE ADVANTAGES Non-Line of Sight Detection. For personal use only – Detects drones behind objects. Night-Time Detection. Low Flight Detection. – Trees, buildings and other objects make camera based solutions very difficult vs a blue sky. – Drones ge
Slide 16: Countermeasure Technology – Competitive Advantages
DRONESHIELD’S COUNTERMEASURE TECHNOLOGY – COMPETITIVE ADVANTAGES Universally Targets a Wide Range of Drones. For personal use only – Effective against drones operating at 2.4Ghz, 5.8Ghz and GPS/Glonass – over 99% of drones on the market today. – Unlike cyber systems, does not require a separate “h
Slide 17: DroneShield Positioning vs Competitors
DRONESHIELD POSITIONING VS COMPETITORS Despite a large number of claims of entrants into the drone security sector, genuine competition is very limited. For personal use only Much of the purported competition is “vaporware” – concepts-only or prototypes. – DroneShield is currently shipping produ
Slide 18: DroneShield Positioning vs Competitors (Continued)
DRONESHIELD POSITIONING VS COMPETITORS (CONTINUED) Acoustics is a superior technology. For personal use only – RF detection: legal issues (unlawful to interfere with drones for non-federal users in the U.S.), active system, ineffective on certain types of drones (autopilot), high false alarms (rou
Slide 19: An Example of Current Deployment – Boston Marathon
AN EXAMPLE OF CURRENT DEPLOYMENT – BOSTON MARATHON 2015-2017 Boston Marathons. For personal use only – Threat: Hobbyist Drones, Media Drones, and Terrorism. – Noisy urban environment. – Finish line area located with VIP booths and site of 2013 terrorist attack. Rapid Installation and Cloud-Based
Slide 20: Capital Structure
For personal use only CAPITAL STRUCTURE 19
Slide 21: Capital Structure
CAPITAL STRUCTURE DroneShield raised A$7 million on the ASX in June 2016, in an oversubscribed offer, through the issue of 35 For personal use only million shares at A$0.20 per share: Shares Listed Options Performance Shares and Shareholders (ASX:DRO) (ASX:DROO) Unlisted Options Shareholders 138,571
Slide 22: Recent Key Developments
RECENT KEY DEVELOPMENTS For personal use only 21
Slide 23: Recent Key Developments – DroneGun Launch
RECENT KEY DEVELOPMENTS – DRONEGUN LAUNCH For personal use only In late November 2016, DroneShield launched DroneGun, a tactical drone jammer. – Added an effective drone countermeasure to DroneShield’s suite of drone detection products. – Positioned DroneShield as the only company in the world off
Slide 24: Recent Key Developments – Product Sales and Emerging Threats
RECENT KEY DEVELOPMENTS – PRODUCT SALES AND EMERGING THREATS For personal use only In late December 2016, DroneShield achieved high profile, full-price sales of its detection systems, including – a substantial sale to the office of Prime Minister of Republic of Turkey, and – a sale to a national s
Slide 25: Recent Key Developments – Government Procurement Processes
RECENT KEY DEVELOPMENTS – GOVERNMENT PROCUREMENT PROCESSES For personal use only DroneShield and its distributors commenced their participation in a number of government procurement processes, the outcome of which is expected be determined in calendar year 2017. Image: Image: Recent DroneShield de
Slide 26: Recent Key Developments – Advisory Board
RECENT KEY DEVELOPMENTS – ADVISORY BOARD For personal use only DroneShield continued its engagement with key decision- makers and regulators, utilising, among other things, its high-profile advisory board. The calibre of DroneShield’s Advisory Board was underscored by the fact that its Advisory
Slide 27: Recent Key Developments – Media
RECENT KEY DEVELOPMENTS – MEDIA For personal use only Among hundreds of press reports on DroneShield was a report on NBC News’ Today show. – made the day before President Trump’s inauguration, – described the danger that drones could pose to crowds and dignitaries at the inauguration, – profiled D
Slide 28: Recent Key Developments – Product Development Activities
RECENT KEY DEVELOPMENTS – PRODUCT DEVELOPMENT ACTIVITIES For personal use only Consistent with the requirements of potential end-users, DroneShield continued its product development activities – commenced the development of DroneSentry, an anti-swarming product. Image: DroneShield’s DroneSentry pr
Slide 29: Environment
ENVIRONMENT For personal use only On 15 March 2017, the Australian Transport Safety Bureau released a report titled “Safety Of Remotely Piloted Aircraft Systems (drones)”. – The press reported that this report stated that between 2012 and 2016, there were about 180 incidents of drones being too cl
Slide 30: Environment (Continued)
ENVIRONMENT (CONTINUED) For personal use only ISIS continued to utilise off-the shelf drones as time bombs in both Iraq and Syria, escalating these tactics in areas in which they had come under attack by the coalition forces. These attacks are reported to have prompted the US military to step up i
Slide 31: Appendices
For personal use only APPENDICES 30
Slide 32: Biographies | Management
BIOGRAPHIES | MANAGEMENT Oleg Vornik, Chief Executive Officer and Managing Director For personal use only An experienced financier with investment banking and treasury experience at the Royal Bank of Canada, Leighton Contractors, Brookfield, Deutsche Bank and ABN AMRO. Mr. Vornik was the Chief Finan
Slide 33: Biographies | Management
BIOGRAPHIES | MANAGEMENT Bill Taggart, Vice President Business Development For personal use only Mr. Taggart has an extensive experience in establishing and growing military and law enforcement products in the US and globally. Prior to his commercial career, Mr. Taggart has served in the U.S. Marine
Slide 34: Biographies | Management
BIOGRAPHIES | MANAGEMENT Simon Woodward, Chief Technology Officer For personal use only A diverse engineering skillset, with leadership experience in large scale technological implementation projects across hardware and software platforms. Mr. Woodward previously held a number of high profile techni
Slide 35: Biographies | DroneShield Board
BIOGRAPHIES | DRONESHIELD BOARD Peter James, Independent Non-Executive Chairman For personal use only Mr. James has over 30 years’ experience in the Technology, Telecommunications and Media Industries, and has extensive experience as Chair, Non-Executive Director and Chief Executive Officer across a
Slide 36: Biographies | DroneShield Board
BIOGRAPHIES | DRONESHIELD BOARD Dr. Samantha Ravich, Independent Non-Executive Director For personal use only Dr. Samantha Ravich is the former Deputy National Security Advisor for Vice President Cheney and served in the White House for 5½ years where she was the Vice President’s representative on A
Slide 37: Biographies | DroneShield Advisory Board
BIOGRAPHIES | DRONESHIELD ADVISORY BOARD Hon. Jay M. Cohen, Rear Admiral, United States Navy (Ret.), Member For personal use only Admiral Jay M. Cohen is a former Chief of Naval Research (United States Navy) and has served as the Department of the Navy Chief Technology Officer. Admiral Cohen is a gr
Slide 38: Biographies | DroneShield Advisory Board
BIOGRAPHIES | DRONESHIELD ADVISORY BOARD Lieutenant General Robin Brims (Ret.) CB CBE DSO, Member For personal use only General Brims became Commander of the UK Field Army in 2005. He deployed to Baghdad in 2005 to be the Deputy to the Coalition Commander General George Casey. Earlier in his career,
Slide 39: Biographies | Founders
BIOGRAPHIES | FOUNDERS John Franklin, Chief Scientific Officer For personal use only Mr. Franklin holds a M.Sc. in Applied and Computational Math from Johns Hopkins University. Previously, he was a member of the research staff at the Air and Missile Defense Sector at Johns Hopkins University Applied
Slide 40: Important Cautionary Note
IMPORTANT CAUTIONARY NOTE For personal use only The information contained in this document is for information purposes only and does not constitute financial product advice, legal advice, an offer to sell, or a solicitation of an offer to purchase, any securities. This document contains "forward-loo