Orbital Corporation Ltd · ASX:OEC
Orbital — Investor Presentation (March 2021)
16 slides from Orbital's investor presentation, Mar 29, 2021
Slide 1: Investor Presentation: New agreement signed with Textron / Lycoming
Investor Presentation New agreement signed with Textron / Lycoming 29 March 2021
Slide 2: Cautionary statement
Cautionary statement This presentation includes statements looking-forward that involve risks and uncertainties. These statements are based upon management’s expectations and beliefs concerning future events. Forward-looking statements are necessarily subject to risks, uncertainties and other factor
Slide 3: World leader in the design and manufacture of integrated engine systems
World leader in the design and manufacture of integrated engine systems for military drones* (* Tactical Unmanned Aerial Vehicles ‘UAVs’) © 2021 Orbital Australia Pty Ltd 3
Slide 4: Our customer portfolio
Our customer portfolio Global leaders in UAV markets BOEING-INSITU Primary engine supplier to Insitu Inc. (a Boeing Company) NORTHROP GRUMMAN engine development contract for hybrid heavy fuel engine SINGAPORE DEFENCE COMPANY engine development contract for domestic UAV TEXTRON / LYCOMING new engine
Slide 5: Tactical UAV market
Tactical UAV market Dominated by Defence Prime Contractors Worldwide tactical UAV production in 2020 US$1.4 billion* Worldwide tactical UAV production US$15.7 billion 2020 – 2029* Worldwide UAV production US$95.5 billion 2020 – 2029* © 2021 Orbital Australia Pty Ltd *World Military UAV Profile & For
Slide 6: What is a tactical UAV?
What is a tactical UAV? Intelligence, Surveillance, Reconnaissance Tactical UAVs are used by global defence forces for intelligence, surveillance and reconnaissance missions • Field operated by military units • US$1.5 - US$4 million per system* • State-of-the-art electronic payloads Naval vessel-bas
Slide 7: Our unique product offering
Our unique product offering Industry leading performance Orbital UAV’s heavy fuel propulsion systems have the world’s best performance and meet the U.S. Dept. of Defense’s ‘one fuel’ policy Orbital UAV Others Time between overhaul 500 hrs ~50 hrs Cold start to launch 2 min >20 min x3 U.S. FAR33.49 e
Slide 8: Orbital UAV's full value proposition
Orbital UAV’s full value proposition Modular Family Integrated of Engines Sub-Systems Core Engines Technology Modular approach offers customer flexibility and rapid Proprietary technology, Bespoke engines meet ‘Plug and play’ integrated system deployment. delivers unparalleled increasing requirement
Slide 9: Case Study: Boeing-Insitu
Case Study: Boeing-Insitu Modular Family Integrated of Engines Core Engines Sub-Systems Technology 2013 2014 2016 2018 Introduction of FlexDI™ Delivery of first engine for Long term agreement signed Expanded agreement for 5 engine technology to Boeing-Insitu testing and development for first integra
Slide 10: Boeing-Insitu business expansion
Boeing-Insitu business expansion Orbital UAV designated Boeing Insitu’s primary engine supplier Status: Status: 3. ScanEagle2 1. Status: 4. Development timeline TBD Integrator™ Status: 2. 5. Status: ScanEagle® Development timeline TBD Images stylised for confidentiality reasons ScanEagle3 © 2021 Orb
Slide 11: New customer: Textron / Lycoming
New customer: Textron / Lycoming • NYSE: TXT • ~35,000 employees • US$13.6 billion, multi-industry company • Brands include: Bell, Cessna, Beechcraft, • Worldwide presence E-Z-GO, Arctic Cat World leader in unmanned aircraft systems “Orbital UAV’s heavy fuel technology and design and one of the larg
Slide 12: Textron / Lycoming agreement
Textron / Lycoming agreement Engine development and supply agreement with Textron subsidiary Lycoming Engines Core Engines Major expansion of Orbital UAV’s business partnerships and future revenue opportunities Technology New collaboration commences with 12-month engine development and vehicle integ
Slide 13: Increasing customer diversification
Increasing customer diversification Tier 1 Defence Prime Contractors SINGAPORE DEFENCE COMPANY Primary engine Engine development Engine design and Contract to design and supplier to power program and supply development contract develop a hybrid Insitu’s entire fleet of agreement for up to with one o
Slide 14: Company targets
Company targets Q4 FY21: Boeing-Insitu third engine production line operational H1 FY22: Boeing-Insitu fourth engine development Hood River program initiated USA H2 FY22: Textron engine production line operational Perth FY22: Singapore & Northrop Grumman production Australia opportunities progressed
Slide 15: Corporate overview
Corporate overview Capital Structure As at 26 March 2021 Our Financial Focus - FY21 • Year-on-year revenue growth Fully Paid Ordinary Shares 77.66M • Generating positive cash flows • Commitment to ongoing profitability Closing share price $0.875 • Strong balance sheet to fund growth Market Capitalis
Slide 16: Todd Alder
™ Todd Alder Ian Donabie Managing Director / CEO www.orbitaluav.com Corporate Communications Manager +61 8 9441 2311 +61 8 9441 2165 contact@orbitalcorp.com.au idonabie@orbitalcorp.com.au