Orbital Corporation Ltd · ASX:OEC
Orbital — Shareholder Meeting (November 2023)
15 slides from Orbital's shareholder meeting presentation, Nov 16, 2023
Slide 1: Company Presentation 2023 Annual General Meeting
For personal use only Company Presentation 2023 Annual General Meeting 16 November 2023
Slide 2: World leader in integrated engine systems for military drones
For personal use only World leader in the design and manufacture of integrated engine systems for military drones* (* Tactical Unmanned Aerial Vehicles ‘UAVs’) © 2023 Orbital Australia Pty Ltd 2
Slide 3: The UAV landscape
The UAV landscape Addressing multiple mission profiles For personal use only • The military UAV landscape consists of five groups: • Group 1: Micro & Mini (Tactical) • Group 2: Small Tactical • Group 3: Tactical • Group 4: Persistent • Group 5: Penetrating • Groups are classified according to maximu
Slide 4: What is a tactical UAV?
What is a tactical UAV? Intelligence, Surveillance, Reconnaissance For personal use only Tactical UAVs are used by global defence forces for intelligence, surveillance and reconnaissance (ISR) missions • Field operated by military units • $600K - $6 million per system • State-of-the-art electronic p
Slide 5: A global defence solution
A global defence solution Heavy fuel and UAVs For personal use only Heavy Fuels (eg JP-5, JP-8, Jet-A1) One fuel for defence forces around the world. SAFETY LOGISTICS ACCESS © 2023 Orbital Australia Pty Ltd 5
Slide 6: Orbital's technical differentiator
Orbital’s technical differentiator Heavy fuel 2-stroke IP and know-how For personal use only 40years developing innovative engine solutions 15years as a global leader in spark ignited heavy fuel propulsion The Challenge The Solution The Benefits • JP-5 & JP-8 (aka, ‘heavy Orbital UAV’s heavy fuel pr
Slide 7: Significant Orbital UAV engine benefits
Significant Orbital UAV engine benefits Industry leading performance For personal use only Orbital UAV’s heavy fuel solutions provide the world’s best performing UAV engines Orbital UAV Others Time between overhaul 500 hrs ~50 hrs Cold start to launch Instant >20 min x3 U.S. FAR33.49 endurance test
Slide 8: Orbital UAV export revenues
Orbital UAV export revenues Sovereign capability and export revenue For personal use only Exporting ~$20m p.a1 To customers including: SINGAPORE DEFENCE 1 Average export revenue over last 3 years © 2023 Orbital Australia Pty Ltd 8
Slide 9: Engine production contracts
Engine production contracts Existing engine production contracts For personal use only Production Engines x 2 © 2023 Orbital Australia Pty Ltd 9
Slide 10: Engine development to Production
Engine development to Production Existing engine developments entering production For personal use only Development Programs X3 SINGAPORE DEFENCE COMPANY © 2023 Orbital Australia Pty Ltd 10
Slide 11: US Army's FTUAS Program
US Army’s FTUAS Program Replacement of the +15yr old Shadow UAV For personal use only Textron Shadow Griffon Aerospace Textron replacement Valiant Aerosonde HQ © 2022 Orbital Australia Pty Ltd 11
Slide 12: Current market focus
Current market focus Engines – a critical sub-system For personal use only Integration / Mission Build Labour: 10% Management Systems: 30% UAV Bill of Materials: 10% $3Bannual global Training: 10% tactical UAV market Engines: 10% Payloads: 20% Ground Support Equipment: 10% © 2023 Orbital Australia P
Slide 13: Engine development opportunities
Engine development opportunities For personal use only Opportunity Pipeline © 2023 Orbital Australia Pty Ltd 13
Slide 14: Orbital UAV snapshot
Orbital UAV snapshot Orbital UAV (ASX : OEC) For personal use only Targeting sales growth within a $3 billion market Two engine production lines built for Boeing Insitu Average revenue (last 3 years) ~$20M p.a. Two additional engine production lines scheduled for FY24 Further revenue expansion throu
Slide 15: For personal use only
For personal use only www.orbitaluav.com