Bk Technologies Corporation · AMEX:BKTI
Bk Technologies — Investor Day (April 2026)
31 slides from Bk Technologies's investor day presentation, Apr 2, 2026
Slide 1: BK Technologies Investor Day
BK TECHNOLOGIES Investor Day April 2nd, 2026 NYSE American: BKTI
Slide 2: Lake Street Capital Markets Disclosures
Lake Street Capital Markets Disclosures • Lake Street Capital Markets provides institutional research coverage on BK Technologies (BKTI). Institutional investors interested in further information on BKTI may contact Lake Street Sales for access to research. Institutional investors are encouraged to
Slide 3: Agenda
Agenda Thursday Meeting (Virtual) 9:00 am Host Welcome Jaeson Schmidt – Lake Street Capital 9:15 am Vision 2030 Overview John Suzuki – President, CEO and Board Director 9:30 am Public Safety Land Mobile Radio (LMR) North American Market Overview Stephen Theisen – GM, LMR Business 10:00 am Public Saf
Slide 4: Vision 2030: Growing Market Share
VISION 2030 4 Growing Market Share 2026 & Beyond NEXT STAGE OF GROWTH 2020–25 Empower first responders with the … 2019 • Launched of next generation BKR communications tools they need to act faster, safer, and smarter. Series Radios (BKR 5000 and BKR • Developed and marketed 9000) expanding market l
Slide 5: Vision 2030 Objectives
Vision 2030 Objectives Acquisition Targets • Solutions focused on the first responder as he exits his vehicle Acquisitions • Improve safety or effectiveness on mission • Cellular/Smartphone software applications and SaaS CORE • Funded with Free Cash Flow and/or Equity Business Rev $170M GM 60% 2025
Slide 6: Technology Leader in the Critical Communications Industry
6 Technology Leader in the Critical Communications Industry BKR Series Land Mobile Radios (LMRs) BK ONE solutions represent longer-term vision Single-band and multiband radios Interoperability solutions combining LMR and and accessories LTE/5G to create seamless connectivity among first responders
Slide 7: LMR Business
LMR Business GM – Stephen Theisen 04/2/2026 BKTI Investor Day - April 2026 7
Slide 8: USA/Canada Public Safety Device Market Overview
USA/Canada Public Safety Device Market Overview Revenue - 10% CAGR 2021-2025 Revenue Market - CAGR 7.5% 2025 TAM BK – CAGR 14% D $2.4B 2025 Market Share 3.6% ($86M) 2030 TAM 2026-2030 Market – CAGR 10% $3.85B BK – CAGR 15% 2030 Market Share 4.5% ($170M) Data Source: The Insight Partners - North Publ
Slide 9: Product Portfolio
Product Portfolio P25 Portables & Mobiles Accessories & Energy P25 Base Stations & Repeaters KNG Base Station Remote Speaker Vehicular Charger BKR 5000 Single-Band KNG Single-Band Mobile Microphones H2-2026 BKR 9000 Multi-Band BKR 9500 Multi-Band Mobile Energy and Charging Solutions RelayONE Portabl
Slide 10: Vertical Market Overview
Vertical Market Overview Key Markets • Federal Government (DHS, DOJ, DOI, USDA) • Military (all branches) • Select military markets transitioning partially to cellular • State & Local, Segmented by Tiers (Tier 3 = largest opportunity) ➢Primary focus is State & Local Tier 3 markets • Leveraging Wildl
Slide 11: Target: Tier 3 State & Local Market
Target: Tier 3 State & Local Market Strategic Framing ➢ Geographically large ➢ Infrastructure-limited ➢ Interoperability-dependent • ~29,300 Public Safety Agencies • ~7,200 Law Enforcement Agencies • 13,500 Fire Departments • 8,600 EMS Agencies • ~40% of all Public Safety Agencies in the U.S. • More
Slide 12: Key Growth Strategy: Fire & Law Enforcement
Key Growth Strategy: Fire & Law Enforcement Growing SAM: Non-Federal Fire Service & Law Enforcement Why it Matters: • Estimated 2.3–2.5 million non-federal public safety radio users in the U.S. • Fire is the largest user by headcount • Law enforcement is the largest by system ~40% West of Miss. Rive
Slide 13: Case Study: Legacy Forestry
Case Study: Legacy Forestry State of Florida Forest Service • Legacy forestry/wildland fire customer • Initially VHF only for forest management operations and wildland missions • Planned software upgrade to access the Florida Statewide P25 Trunked radio system (40% price premium) “The BKR 9000 has p
Slide 14: Case Study: Law Enforcement
Case Study: Law Enforcement Washington County Sheriff’s Office • “Core Rural” Tier 3 Jurisdiction: Small population, large geography, and high reliance on distributed public safety agencies • 34 Deputies, 1,474 Sq. miles, 52 miles of waterways, over 150,000 recreation visitors annually* • Interop wi
Slide 15: Solutions Business
Solutions Business GM – James Teel 04/2/2026 BKTI Investor Day - April 2026 15
Slide 16: Yesterday in Vehicles; Today on Smartphones
16 Yesterday in Vehicles; Today on Smartphones LMR will continue to play a key New broadband capabilities will Level playing field with large role in mission critical voice augment existing narrowband opportunity to deliver mission communications networks with data-rich applications critical voice,
Slide 17: The growing need for greater intelligence and situational awareness
The growing need for greater intelligence and situational awareness in the public safety sector is driving the development of interoperability solutions that promote a unified first responder response. On-demand Geospatial real-time Solutions that extend LMR interoperability for tracking of personne
Slide 18: InteropONE PTT Over Broadband Differentiation
InteropONE PTT Over Broadband Differentiation Cellular, WiFi, Non-PTT Subscriber LEO SatCom Over The Top PTT Apps Current PTT Silos Pragmatic Unified Comms • No pre-provisioning or gateways “InterOpONE has been a valuable tool for our agency because it eliminates the need for me to • InteropONE app
Slide 19: LocateONE / LocateONE LITE
LocateONE LocateONE LITE • Situational awareness for teams operating in austere, internet- Legacy BKT deprived environments Radios • Leverages the growing Team Awareness Kit (TAK) open- source software ecosystem • BKR 9000/5000 acts as the location reporting ‘gateway’ for BKR any BK Technologies rad
Slide 20: RelayONE
RelayONE Vision 2030 / January 2026 20
Slide 21: Product Road Map Engineering
Product Road Map Engineering VP Software – Carlos Camps 04/2/2026 BKTI Investor Day - April 2026 21
Slide 22: Technology Innovation Center
TECHNOLOGY INNOVATION CENTER A proven local-talent model expanded from first-class radios into software platforms BUILDING THE ENGINE PROVEN TALENT MODEL The innovation center has already validated the playbook CTO Dr. Branko Avanic, Ph.D. brings in local experienced public-safety radio talent, many
Slide 23: BKR9500 Multiband Mobile
BKR9500 Multiband Mobile INVESTOR TAKEAWAY Low-friction migration path Reuse current KNG control heads, cabling, and installed vehicle infrastructure. Why the BKR9500 launch can scale faster Reuse what is already installed Customers can keep the control heads, cabling, and most of the vehicle instal
Slide 24: Software Development Investments
Software Development Investments VISION 2025 VISION 2030 Traditional LMR Solution platforms Traditional LMR Solution platforms Firmware + Mobile / BKRplay broadband Value Added Radio Integration Feature Firmware Options LocateONE Fleet 3rd Lite Management Party Editing Support Support Software & too
Slide 25: 5-Year LMR Product Roadmap
5-Year LMR Product Roadmap Sustain long-life installed platforms while extending the roadmap with BKR9500 and the next-generation radio platform Lifecycle and launch timing 2026 2027 2028 2029 2030 BKR5000 10 years old by 2030 The Core is Durable BKR9000 7 years old by 2030 Sustaining engineering On
Slide 26: Software Roadmap: predictable releases, broader platforms
Software Roadmap: predictable releases, broader platforms Twice-yearly software cadence supports near-term monetization while funding fleet-scale platforms and BK ONE solution expansion Release model evolution On-demand Twice-yearly cadence Predictability improves packaging, upsell planning, and cus
Slide 27: Capital Allocation
Capital Allocation CFO - Scott Malmanger 04/2/2026 BKTI Investor Day - April 2026 27
Slide 28: Capital Allocation Policy
Capital Allocation Policy Objective is to maximize long-term value per share We take a disciplined approach with a consistent set of principles: ➢ Return-driven: ROIC - After-tax Free Cash Flow ➢ Strategic alignment: Focus on initiatives that strengthen our position in public safety communication ma
Slide 29: Capital Allocation Priority
Capital Allocation Priority Invest in innovation for organic growth ➢ Invest in BKR Platform – 10 to 15 year product lifecycle, predictable FCF ➢ Advance software capabilities – improve functionality, accelerate growth with margin expansion ➢ Integrating broadband and cellular technologies that enha
Slide 30: Return Capital to Shareholders
Return Capital to Shareholders We will return capital to shareholders when we believe it represents the best use of capital compared to other investment alternatives ➢ Our Rule 10b5-1 Non-discretionary repurchase program is opportunistic and value-driven ➢ We will consider special dividends when exc
Slide 31: BKTI Investor Day - April 2026
04/2/2026 BKTI Investor Day - April 2026 31