Aerovironment, Inc. · NASDAQ:AVAV
Aerovironment — Merger or Acquisition (January 2020)
10 slides from Aerovironment's merger presentation, Jan 13, 2020
Slide 1: AeroVironment to Acquire Arcturus UAV
AEROVIRONMENT TO ACQUIRE ARCTURUS UAV Conference Call January 13, 2020 052620 Slide 1 © 2021 AeroVironment, Inc. – Proprietary Information
Slide 2: Safe Harbor Statement
Safe Harbor Statement o Certain statements in this presentation may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or i
Slide 3: Acquiring Arcturus UAV to Expand Portfolio and Accelerate Growth
Acquiring Arcturus UAV to Expand Portfolio and Accelerate Growth o AeroVironment to acquire Arcturus UAV for $405 million in cash and stock; Arcturus UAV to become wholly-owned subsidiary of AeroVironment • Price represents approximately 11x Arcturus UAV’s LTM 9/30/20 adjusted EBITDA, net of anticip
Slide 4: Arcturus UAV is a Leading Provider of Group 2 and 3 UAS
Arcturus UAV is a Leading Provider of Group 2 and 3 UAS Highlights Key Products JUMP 20 Headquarters Demonstrated track record Leading global designer and Petaluma, CA o 55 lb Payload Capacity of success with over 110k manufacturer of Group 2 and 3 high flight hours between the o High-Performance VT
Slide 5: Transaction to Deliver Strategic & Financial Benefits to Stakeholders
Transaction to Deliver Strategic & Financial Benefits to Stakeholders o Provides AeroVironment access to $1 Billion+1 annual Group 2 and 3 UAS segments Expands Addressable Segments o Expands AeroVironment’s unmanned aircraft systems portfolio into the mid-sized and large-UAS categories, which repres
Slide 6: Arcturus UAV Expands AeroVironment's Reach to Groups 2 and 3
Arcturus UAV Expands AeroVironment’s Reach to Groups 2 and 3 U.S. DoD UAS Segments - AeroVironment and Arcturus UAV Solutions and Primary Incumbents Global Hawk Acquisition expands AeroVironment’s Reaper position as a Gray Eagle Group 1, 2 and 3 UAS provider Operating Altitude Shadow (notional) T-20
Slide 7: Groups 2, 3 and COCO Services Offer Significant Revenue Potential
Groups 2, 3 and COCO Services Offer Significant Revenue Potential ($ in Millions) U.S. Army – FTUAS Forecast Contract Value o The U.S. Army is seeking to replace the Shadow UAS while introducing $3,000 new capabilities o Arcturus UAV is one of four companies to have won a development $2,500 award fo
Slide 8: Transaction Creates Significant Value for All Stakeholders
Transaction Creates Significant Value for All Stakeholders Shareholders Customers Employees o Immediately accretive to revenue o Customers benefit from a one-stop o Shared culture of innovation, growth, margin profile and non- shop for Group 1-3 UAS and teamwork and supporting the GAAP EPS loitering
Slide 9: Combination Accelerates Growth Strategy and Enhances Industry Presence
Combination Accelerates Growth Strategy and Enhances Industry Presence Brand and Global Footprint Rich Technology Portfolio AeroVironment can grow Arcturus UAV’s Group 2 and 3 UAS Combine internally developed technologies in Avionics, Autonomy, international sales through its brand and roster of int
Slide 10: Investor Relations
Investor Relations ir@avinc.com 052620 Slide 10 © 2021 AeroVironment, Inc. – Proprietary Information +1 (805) 520-8350