Orbital Corporation Ltd · ASX:OEC
Orbital — Shareholder Meeting (November 2018)
16 slides from Orbital's shareholder meeting presentation, Nov 23, 2018
Slide 1: 2018 Annual General Meeting CEO's Presentation
For personal use only 2018 Annual General Meeting CEO’s Presentation 23 November 2018
Slide 2: Emerging world leader in tactical UAV propulsion systems and flight critical components
For personal use only Emerging world leader in tactical UAV propulsion systems and flight critical components 13
Slide 3: Global UAV defence outlook
Global UAV defence outlook For personal use only UAV production by region* • Proposed spending of $7 billion for unmanned 4400 aircraft systems and associated technologies by 2017 the U.S. military in FY19 2026 FY2019 U.S. DoD budget US$ millions • An estimated production of 2,530 drones in 2026 wor
Slide 4: Year in review
Year in review For personal use only 2018 Revenue A$21 million Net profit after tax A$2.2 million EPS 2.87 cents Launch of the revolutionary Orbital UAV Expanded Long Modular Term Agreement Propulsion with potential Achieved FY18 Solution value of A$350 revenue guidance million over five of A$22 mil
Slide 5: Where we compete
Where we compete For personal use only Example: MQ-9 Reaper • Price per aircraft: $55 million - $65 million* • Payload: up to 1,700 kg Combat UAV • • Length: up to 11 m Wingspan: up to 20 m • Max endurance: 27 hours • Max altitude: 50,000 ft Example: ScanEagle3 CURRENT FOCUS • Price per aircraft: $2
Slide 6: Market landscape
Market landscape For personal use only 90% Market Share Tactical UAV $14.6Bn* * UAS Market Outlook with Special Focus on Tactical Systems, Teal Group Corporation | For the years 2017-2026 17
Slide 7: Case study: Insitu ScanEagle propulsion system
Case study: Insitu ScanEagle® propulsion system For personal use only ORBITAL UAV supplies the complete, fully assembled and mission-ready ScanEagle® propulsion system FlexDI™ Electronic Revolutionary fuel delivery Control Unit and engine management Light weight military components specification Pro
Slide 8: Evolution of the propulsion system
Evolution of the propulsion system For personal use only Existing propulsion system Optimised for the Modular Propulsion Solution* * Stylised for confidentiality reasons 19
Slide 9: Introducing the revolutionary Modular Propulsion Solution
Introducing the revolutionary Modular Propulsion Solution* For personal use only Fuel Tank Options Engine Options Slice Options Alternator Options * Stylised for confidentiality reasons 20
Slide 10: Strong existing relationships
Strong existing relationships For personal use only ORBITAL UAV has existing relationships with the largest players in the tactical UAV market 2016 LTA 2018 LTA 3 years 5 years (from October 2018) A$40-120M A$120-350M Long Term Agreement 1 engine : 1 platform 5 engines : entire fleet (LTA) Total sal
Slide 11: Expanded Insitu LTA
Expanded Insitu LTA For personal use only 2017/18 2018/19 LTA - 3 years LTA - 5 years (from October 2018) A$40-120M A$120-350M Illustrative purposes only* ScanEagle ScanEagle3 ScanEagle2 ScanEagle2 Integrator *Due to design confidentiality. 22
Slide 12: Global experience and expertise
Global experience and expertise For personal use only Heavy fuel 2 stroke Supplier Tier one customer Dual Australia and IP and knowhow relationships experience U.S. facilities Hood River United States 35 years of experience developing innovative engine solutions 10 years Perth Australia of experienc
Slide 13: Revenue guidance FY19
Revenue guidance FY19 For personal use only 30.0 25.0 20.0 15.0 10.0 5.0 - FY16A FY17A FY18A FY19F FY20+ 24
Slide 14: Closing remarks
Closing remarks For personal use only • UAV strategy, focused on capturing tier one customers in the $14.6 billion tactical UAV market. • Mitigated revenue volatility of one product / one platform business. • Revolutionary Modular Propulsion Solution enables rapid deployment across multiple platform
Slide 15: Board of Directors and Management
Board of Directors and Management For personal use only Board of Directors John Welborn Todd Alder Steve Gallagher Terry Stinson Kyle Abbott Chairman Chief Executive Officer Non-Executive Director Non-Executive Director Non-Executive Director Non-Executive Director and Managing Director Management T
Slide 16: For personal use only
For personal use only www.orbitaluav.com