Orbital Corporation Ltd · ASX:OEC
Orbital — Shareholder Meeting (November 2019)
14 slides from Orbital's shareholder meeting presentation, Nov 19, 2019
Slide 1: 2019 Annual General Meeting CEO's Presentation
2019 Annual General Meeting CEO’s Presentation Powering the world’s best tactical UAVs 19 November 2019
Slide 2: Year in review
Year in review Shipping 1st engine model under Insitu LTA 2nd engine model to ship in H1 FY20 Ramp-up of USA production facility First Australia test flights of Orbital UAV engines Defence industry credentials FY20 revenue guidance $25-35M © 2019 Orbital Australia Pty Ltd 2
Slide 3: World leader in tactical unmanned aerial vehicle propulsion systems
World leader in tactical unmanned aerial vehicle propulsion systems. © 2019 Orbital Australia Pty Ltd 3
Slide 4: What is a tactical UAV
What is a tactical UAV Objectives Intelligence Surveillance Reconnaissance 8 - 24 hrs flight time Statistics 20 kg payload 3-6m wingspan 20,000 ft max altitude $2.5M - $4M deployed system cost © 2019 Orbital Australia Pty Ltd 4
Slide 5: Powering Insitu's versatile & agile UAV family
Powering Insitu’s versatile & agile UAV family $ Long Term Agreement ScanEagle ® 3 2018-2023 $120M – 350M ScanEagle ® Integrator™ ScanEagle ® 2 2018 2019 2020 2021 2022 2023 © 2019 Orbital Australia Pty Ltd 5
Slide 6: Customer diversification
Customer diversification $ © 2019 Orbital Australia Pty Ltd 6
Slide 7: Combat leaders will not accept a gap in intelligence
“We hear every day that combat leaders will not accept a gap in intelligence, surveillance and reconnaissance coverage when they take their forces outside the wire.” Keith Hirschman Former U.S. Army Colonel & Vice President, Orbital UAV USA © 2019 Orbital Australia Pty Ltd 7
Slide 8: The UAS journey
The UAS journey Early days “2nd Golden Age “Institutionalized” Next Gen of Aviation” Unprecedented growth Payload versatility Aviation programs of “Less Man” in UAS Combat flight hours ISR Services record (10x) 1999-2005 2006-2012 2013-2018 2020 © 2019 Orbital Australia Pty Ltd 8
Slide 9: Market opportunities
Market opportunities U.S. Army FTUAS Program Tactical UAV A$19.4Bn* © 2019 Orbital Australia Pty Ltd * UAS Market Outlook with Special Focus on Tactical Systems, Teal Group Corporation | For the years 2017-2026 9
Slide 10: Why Orbital UAV?
Why Orbital UAV? Orbital UAV heavy fuel propulsion systems have the world’s best performance Orbital UAV Others Time between overhaul 500 hrs ~100 hrs Cold start to launch 2 min >20 min x3 U.S. FAR33.49 endurance test Yes No Field ready subsystem Yes No © 2019 Orbital Australia Pty Ltd 10
Slide 11: Corporate overview
Corporate overview Revenue guidance FY20 A$25-35M Capital Structure Fully Paid Ordinary Shares 77M Market Capitalisation @ $0.34 (18 November ‘19) A$26M Cash & Receivables (30 Jun ‘19) A$15M Revenue FY19 A$15M Top Shareholders Share Price & Volume 1.4 0.55 1.2 31% UIL Limited Share price ($) 1 0.48
Slide 12: Executive Management
Executive Todd Alder Management CEO & Managing Director Roulé Jones Geoff Cathcart Keith Hirschman CFO & CTO VP U.S. Operations Company Secretary Dan Kemp Martin Johnston Liezl Ulrich Division Lead Division Lead Organisation Engineering Production Development Lead © 2019 Orbital Australia Pty Ltd 12
Slide 13: Board of Directors
Board of Directors John Welborn Todd Alder Steve Gallagher Kyle Abbott Chairman Managing Director Non-Executive Non-Executive Non-Executive Director & CEO Director Director - Appointed Chairman March 2015 - Appointed CEO & MD in 2017 - Board member since 2017 - Experienced aerospace and - MD & CEO o
Slide 14: www.orbitaluav.com
ORBITAL Ready to fly... www.orbitaluav.com in ¥