Harvest Technology Group Ltd. · ASX:HTG
Harvest Technology — Investor Presentation (December 2021)
27 slides from Harvest Technology's investor presentation, Dec 13, 2021
Slide 1: Equity Raising | ASX:HTG
Equity Raising I ASX:HTG December 2021
Slide 2: Disclaimer
Disclaimer This presentation is made available by Harvest Technology Group Limited (“HTG”, “Company”, “Group”, “Harvest” or HTG recommends that potential investors consult their professional advisor/s as an investment in HTG is considered “we”). to be speculative in nature. Material used in this pre
Slide 3: Executive Summary
Executive Summary • Harvest Technology Group Limited (ASX: HTG) (“Harvest”) enables people and businesses to connect in the most challenging and remote environments Connecting people in the • Harvest’s proprietary protocol allows the transfer of real time video, audio and data across ultra-low bandw
Slide 4: Harvest is supported by strong platform and industry fundamentals
Harvest is supported by strong platform and industry fundamentals SUSTAINABLE COMPETITIVE SUBSTANTIAL MARKET OPPORTUNITY POSITION Highly scalable technology ready for Backed by in-house trade secrets which deployment across multiple sectors cannot be easily replicated or engineered UNIQUE TECHNOLOGY
Slide 5: How does Harvest's protocol work
How does Harvest’s protocol work Harvest’s proprietary protocol allows the transfer of real time video, audio and data across ultra-low bandwidth with extremely low latency Better network transmission • Transmission is achieved at ultra-low bandwidths regardless of network BANDWIDTH LATENCY PACKET L
Slide 6: Key sectors are demanding more bandwidth
Key sectors are demanding more bandwidth Global trends towards digitisation are driving demand for data access and availability, which is challenging in remote environments with existing network limitations and increasing congestion MARITIME & ENERGY DEFENCE & GOVERNMENT SECURITY & SURVEILLANCE Chal
Slide 7: Growing customer, collaboration and partner base
Growing customer, collaboration and partner base Harvest is growing its network of customers and partners to expand user growth and sales opportunities MARITIME & ENERGY UTILITIES & LIGHT INDUSTRY UNMANNED SYSTEMS / VEHICLES SECURITY AND SURVEILLANCE DEFENCE & GOVERNMENT BROADCASTING / CONFERENCING
Slide 8: Key partnerships supporting Harvest's Stage 2 growth
Key partnerships supporting Harvest’s Stage 2 growth Harvest has formal agreements with technology leaders in global communications Non-exclusive, global reseller agreement with Speedcast • Speedcast is one of the worlds leading communications and IT services providers • The agreement will see Speed
Slide 9: Global reseller agreement with Speedcast
Global reseller agreement with Speedcast Speedcast’s SmartViewTM powered by Harvest significantly enhances Harvest’s sales capabilities and accelerates global roll-out Overview is a leader across major Harvest target markets • Speedcast is one of the world's largest remote communications solutions p
Slide 10: Understanding the Harvest maritime opportunity
Understanding the Harvest maritime opportunity Harvest is targeting 1,000 licensing plans by the end of CY22 through its reseller arrangements Unprecedented demand for Maritime satellite communications Harvest maritime pricing maritime satellite communications reseller market access Global maritime
Slide 11: Partnering with Inmarsat to enhance global connectivity
Partnering with Inmarsat to enhance global connectivity Harvest’s data optimisation technology is highly complementary to Inmarsat’s new ELERA network Overview Key ELERA capability highlights • ELERA is a highly resilient L-Band satellite network with enormous L-band speeds up to 1.7Mbps application
Slide 12: Development partner for Inmarsat's VELARIS network
Development partner for Inmarsat’s VELARIS network Harvest will play a critical function in the global roll-out of Inmarsat’s bespoke connectivity service that is powered by ELERA and designed specifically for the commercial UAV sector Overview and Harvest to play a critical role in the global adopt
Slide 13: Viasat acquisition of Inmarsat
Viasat acquisition of Inmarsat The Viasat and Inmarsat merger positions Harvest to integrate products into a larger global platform Overview is a more significant global networks company • 8 November 2021: Viasat (NASDAQ: VSAT) and Financial strength MergeCo key metrics Inmarsat announced Viasat wil
Slide 14: Integration with WebEx by Cisco
Integration with WebEx by Cisco Proof of concept integration of Infinity Nodestream with WebEx by Cisco is complete Overview • WebEx by Cisco is the leading enterprise solution for video WebEx standalone conferencing, with billions of calls connected each month and is the leading enterprise other le
Slide 15: Opsivity field support application (SaaS)
OpsivityTM field support application (SaaS) Opsivity is a field support application (SaaS) developed by Harvest that can be installed on existing devices allowing technicians to connect, capture, and collaborate remotely Overview provides significant operational support in three ways Field Service C
Slide 16: Harvest continues to deliver on its 3-Phase Strategic Plan
Harvest continues to deliver on its 3-Phase Strategic Plan Global industry Harvest’s goal is to achieve significant revenue growth in FY22 and beyond partnerships have laid the Target revenue mix: groundwork for growth in Phase 2 <15% ~30% >55% Hardware Software Licensing SaaS Phase 1: Speed and sca
Slide 17: Equity raising
Equity raising Harvest Technology Group Ltd I Equity Raising Presentation December 2021 17
Slide 18: Equity raising details
Equity raising details Sources of proceeds $m • Harvest is undertaking a 1 for 10 accelerated non-renounceable entitlement offer to raise up to approximately $11.1 million. The Equity 11.1 Equity Raising will comprise of an institutional entitlement offer and a retail Equity Raising proceeds raising
Slide 19: Indicative timetable
Indicative timetable Key event Date Trading halt and announcement of the Equity Raising Monday, 13 December 2021 Announcement of results of the institutional entitlement offer, trading halt lifted Wednesday, 15 December 2021 Record date for entitlement offer Wednesday, 15 December 2021 Retail entitl
Slide 20: Key takeaways
Key takeaways STRONG HIGH GLOBAL SUBSTANTIAL ESTABLISHED KEY HIGH GROWTH TECHNOLOGY TECHNOLOGY PIPELINE PARTNERSHIPS OUTLOOK BACKED PLATFORM DEMAND ✓ Unique proprietary ✓ Estimated market size ✓ Significant existing ✓ Formal agreements with ✓ Goal to achieve technology in use with across identified
Slide 21: Appendices
Appendices Appendix A – Key risks Appendix B – International Offer Restrictions Appendix C – Material Contracts Appendix D – References Harvest Technology Group Ltd I Equity Raising Presentation December 2021 21
Slide 22: Key risks
Appendix A Key risks Growth strategies develop, design, develop, test, market and support enhancements to its existing products and new products, on a timely and cost- HTG has a number of strategies in place to generate future growth and earnings. There is a risk that the implementation of growth ef
Slide 23: Key risks (cont.)
Appendix A Key risks (cont.) Accounting Standards and Tax Laws • Claim rights to intellectual property not properly protected pursuant applicable contract terms; The Company is exposed to the risk of changes to accounting standards, applicable laws or their interpretation which may have a • Seek pen
Slide 24: International offer restrictions
Appendix B International offer restrictions This document does not constitute an offer of New Shares of the Company in any jurisdiction in which it would be unlawful. In particular, this document may not be distributed to any person, and the New Shares may not be offered or sold, in any country outs
Slide 25: Material Contracts
Appendix C Material Contracts The Company has entered into an underwriting agreement with MA Moelis Australia Advisory Pty Ltd (ABN 72 142 008 446) official in relation to, or to any property of, the Issuer (or any of the Group Members); or (Underwriter) (Underwriting Agreement), pursuant to which t
Slide 26: References
Appendix D References 1 MarketsandMarkets™ Report, Maritime Satellite Communications, Market Value by Service 2022, Published Date: June 2020 | Report Code: TC 4008 2 MarketsandMarkets™ Report, Military Communications Market, Market Value 2021, Published Date: November 2020 | Report Code: TC 2356 3
Slide 27: Data. Anywhere.
Data. Anywhere: TECHNOLOGY GROUP
Harvest Technology Group — Investor Presentation (December 2021) on 6ix