Gilat Satellite Networks Ltd. · NASDAQ:GILT
Gilat Satellite Networks — Investor Presentation (February 2021)
29 slides from Gilat Satellite Networks's investor presentation, Feb 22, 2021
Slide 1: Gilat Satellite Networks Investors Presentation
GILATSATELLITENETWORKS FEBRUARY 22, 2021 Investors Presentation
Slide 2: Forward Looking Statements Disclaimer
FORWARD LOOKING STATEMENTS DISCLAIMER Certain statements made in this presentation that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words "estimate", "project", "intend", "expect", "believe" and similar expressions are intend
Slide 3: A World Leader in Satellite Communications
A WORLD LEADER IN SATELLITE COMMUNICATIONS MOBILE Cellular Backhaul MOBILITY Aero / IFCMaritimeLand BROADBAND EnterpriseConsumer DEFENSE 2G Fixed, On-the-Pause, On-the-Move INNOVATIVE GROUND EQUIPMENT TECHNOLOGY 3G 4G 5G 1987 Founded 5 R&D Centers 3 NOC Centers GILT NASDAQ /TASE 20 Sales Offices +80
Slide 4: Global Footprint – Expanding a Diverse Customer Base
GLOBAL FOOTPRINT – EXPANDING A DIVERSE CUSTOMER BASE LEADING GLOBAL CUSTOMER BASE 90+ COUNTRIES 500+ NETWORKS 300+ CUSTOMERS TELCOS , MNOS & SERVICE PROVIDER SYSTEM INTEGRATORS SATELLITE OPERATORS
Slide 5: = | Proprietary and
Lu = co 2) = 5 | Proprietary and Confidential
Slide 6: World Leader in Cellular Backhaul over Satellite
WORLD LEADER IN CELLULAR BACKHAUL OVER SATELLITE OF SATELLITE BACKHAUL 4G/LTE INSTALLATIONS WORLDWIDE MARKET LEADER WITH 44% OF MARKET SHARE IN MODEM SHIPMENTS { NSR, 2020 } SUPERIOR USER EXPERIENCE - PATENTED ACCELERATION TECHNOLOGY - 400Mbps
Slide 7: The Solution: Differentiate with a Managed Service Offer
THE SOLUTION BEING ABLE TO DIFFERENTIATE WITH A COMPELLING MANAGED SERVICE OFFER IS KEY TO GAIN BUSINESS AND DEFEND HEALTHY MARGINS SATELLITE BACKHAUL MARKETService, Equipment & Capacity $1.27B(2019) $5.9B(2029) Source: NSR, Feb. 2020 { NSR, 2019 } END-TO END SOLUTIONS WITH RECURRING REVENUE MANAGED
Slide 8: In Flight Connectivity
sa IN FLIGHT CONNECTIVITY 8 | Proprietary and Confidential
Slide 9: For All In-Flight Connectivity Modules
FOR ALL IN-FLIGHT CONNECTIVITY MODULES Transceivers Aero Antennas 400Mbps Modem Ground Equipment LEADING HIGH-PERFORMACNE SOLUTIONS Superior Passenger Experience
Slide 10: Free Wi-Fi Trend Further Transforms the Industry
FREE WI-FI TREND FURTHER TRNASFORMS THE INDUSTRY ~1,245(2019) ~7,700(2029) Source: Valour, August 2020 BUSINESS JETS (Ka/Ku) 6,730(2019) ~14,500(2029) Source: Valour, August 2020 COMMERCIAL AIRCRAFT (Ka/Ku) GROWING IFC FORECAST DRIVES OPPORTUNITIES Modem
Slide 11: Enabling Large IFC Global Network
ENABLING LARGE IFC GLOBAL NETWORK GLOBAL COVERAGE | > 30 SATELLITES | 18 TELEPORTS | 20 AIRLINES |181 NETWORK SEGMENTS | 2 DATA CENTERS WITH TOTALNMS > 2000 airplanes connected with Gilat’s aero modems on a single network
Slide 12: Broadband
sa BROADBAND
Slide 13: Leading Enterprise Customers
OF GLOBAL EXPERTISE, LOCAL PRESENCE, OUTSTANDING SUPPORT AND SUPERIOR DELIVERY CAPABILITIES LEADING ENTERPRISE CUSTOMERS
Slide 14: One Platform, Multiple Verticals
Oil & Gas SCADA/IoT Education Retail Banking SME Government CELLULAR BACKHAUL CONSUMER MOBILITY ENTERPRISE DEFENSE Low Power | Climate Proof | Quick Install | Layer 2/3 Support | IPSEC EncryptionQoS | BW Optimization | 1000’s of Sessions per Site MULTIPLE VERTICALS – CUSTOMIZED SOLUTIONS ONE PLATFOR
Slide 15: Peru – Pronatel (FITEL) Projects
PERU PERU – PRONATEL (FITEL) PROJECTS
Slide 16: Defense
* | Proprietary and Confidential DEFENSE * | Proprietary and Confidential
Slide 17: SATCOM Defense Solutions
SATCOM DEFENSE SOLUTIONS Transportable Command & Control On-the-Move Military Aircraft On-the-Pause Unmanned Aerial Vehicle
Slide 18: NGSO | VHTS | 5G
sa NGSO | VHTS | 5G 18 | Proprietary and Confidential
Slide 19: Constellations Are Becoming a Reality
CONSTELLATIONS ARE BECOMING A REALITY MEO 2,000-10,000 km~120msec GEO 35,786 km~550msec LEO500-2,000 km~15msec OneWeb~2.5 Tbps 650 Satellites Telesat~3-8 Tbps 192-300 Satellites SpaceX~10+ Tbps 1584 -> 42,000 Satellites Amazon ~10+Tbps3263 Satellites HAPs10-50 km~5msec HTS/VHTS~50-500 Gbps SES/O3B~1
Slide 20: Gilat's Proven NGSO Technology
GILAT'S PROVEN NGSO TECHNOLOGY GILAT TO PROVIDE PLATFORM FOR O3B mPOWER Multi-million-dollar contract establishes Gilat as a significant NGSO player through the technological innovation of its multi-orbit GEO/NGSO platform SUCCESSFUL DEMONSTRATIONS WITH TELESAT'S PHASE 1 LEO SATELLITE FIRST-EVER LIV
Slide 21: Gilat Expertise and Innovation Making 5G a Reality
HIGH SPEED Speeds >1Gbps Innovative Wideband Technology FLEXIBLE NETWORK ARCHITECTURE Satellite Ground Segment Integration Into 5G Eco-System Utilize SDN/NFV, Cloud, Edge Computing & Network Slicing GILAT EXPERTISE AND INNOVATION MAKING 5G A REALITY GILAT'S TECHNOLOGY SUPERIORITY NOW PROVEN FOR 5G O
Slide 22: Financial Indicators Highlights
FINANCIAL INDICATORS HIGHLIGHTS
Slide 23: Financial Indicators Highlights
FINANCIAL INDICATORS HIGHLIGHTS
Slide 24: Gilat Operating Segments
GILAT OPERATING SEGMENTS Mobile - Cellular BackhaulBroadbandEnterpriseConsumerPeru Services FIXED NETWORKS * Q2-20 (Q2-19) IFCMaritimeLandDefenseWavestream MOBILITY Peru projects construction phase TERRESTRIAL INFRASTRUCTURE PROJECTS
Slide 25: Q4 2020 Profit and Loss Highlights
Q4 2020 PROFIT AND LOSS HIGHLIGHTSUS$ IN MILLION 1) GAAP excluding CMTL settlement – OPEX Q4/20 $15.3M, Q3/20 $12.1M; Operating loss Q4/20 $2.1M, Q3/20 $2.7M; Net loss Q4/20 $2.3M, Q3/20 $3.4M
Slide 26: 2020 Profit and Loss Highlights
2020 PROFIT AND LOSS HIGHLIGHTSUS$ IN MILLION 1) GAAP excluding CMTL settlement and one time tax benefit - OPEX FY20 $57.2M, FY19 $70.2M; Operating loss FY20 $16.0M, operating income FY19 $25.7M; Net loss FY20 $18.7M, Net income FY19 $21.1M
Slide 27: Balance Sheet Highlights
CASH AND EQUIVALENTS1$116.0 ($77.2) DSO376 days (84 days) CASH FROM OPERATION2$60.4M Positive cash($7.1M Negative cash) TOTAL DEBT$4.0 ($4.0) US$ MILLIONS BALANCE SHEET HIGHLIGHTS
Slide 28: Summary: Uniquely Positioned for Unlocking Opportunities
Leading in Main Growth Areas – Cellular Backhaul (4G, 5G) & In-Flight Connectivity Investing in Product Leadership and Innovation Focused on Profitable Growth NGSO/VHTS Opening New Markets SUMMARY UNIQUELY POSITIONED FOR UNLOCKING OPPORTUNITIES
Slide 29: Thank You
THANK YOU Gilat Satellite Networks | info@gilat.com | www.gilat.com
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