Innovaero Technologies Ltd. · ASX:INN
Innovaero Technologies — Investor Presentation (September 2026)
31 slides from Innovaero Technologies's investor presentation, September 2026
Slide 1: Innovaero: Australia's Sovereign Armed Drone OEM
INNOVAERO AUSTRALIA’S SOVEREIGN ARMED DRONE OEM Corporate Presentation – September 2026
Slide 2: Disclaimer
DISCLAIMER IMPORTANT INFORMATION Statements contained in this document, including but not limited to those regarding the possible or assumed future costs, performance, returns, revenue forecasts, potential growth of Innovaero, industry growth or other projections and any estimated company earnings a
Slide 3: Leading Australia into the Drone Age
LEADING AUSTRALIA INTO THE DRONE AGE 20-Year History of Innovation and Delivery Armed Drone Supplier to the ADF Scaling, sovereign drone platform with leverage ▪ Founded by Mike von Bertouch (ex- ▪ Trusted 20-year ADF relationship Spookfish ASX:SFI airborne camera ▪ 13 UAS contracts awarded to Innov
Slide 4: Corporate Overview
CORPORATE OVERVIEW REVENUE GROWTH (A$m) Capital Structure 17.2 Shares on issue prior to IPO 169,798,010 14.4 12.4 12.9 Shares issued upon conversion of the Pre-IPO Convertible Notes 66,767,509 IPO Shares 80,000,000 Total shares on issue 316,565,519 Offer price per Share $0.50 Market capitalisation $
Slide 5: Innovaero: Leading Australia into the Drone Age
1. INNOVAERO: LEADING AUSTRALIA INTO THE DRONE AGE
Slide 6: Drone Warfare is Reshaping Modern Conflict
DRONE WARFARE IS RESHAPING MODERN CONFLICT Use of loitering munitions continues to grow significantly Low-cost one-way attack drones are now mass-produced precision strike weapons, fundamentally altering the nature and cost structure of warfare, versus expensive missiles. Drones per missile Conflict
Slide 7: Global Investment in Defence is Accelerating
GLOBAL INVESTMENT IN DEFENCE IS ACCELERATING Defence spending, conflict dynamics and technology shifts are driving a growth cycle Australia Allies In the Media ▪ $425b commitment as part of the National Defence ▪ £5 billion+ (A$9.4b+) - UK revealed its largest ever Strategy to reshape the ADF into a
Slide 8: Innovaero's One Way Loitering (OWL) Munitions
INNOVAERO’S ONE WAY LOITERING (OWL) MUNITIONS Innovaero’s OWL Family: OWL-B (TRL 8) OWL-X (TRL 7) OWL-C (TRL 5/6) ✓ Affordable, multi-mission Electric loitering munition: Jet powered munition: Affordable missile alternative: systems • High-speed, medium-range strike • Long-range strike • Medium-rang
Slide 9: Innovaero's Advantages
INNOVAERO’S ADVANTAGES Proven capability OWL speed and range Sovereign Affordable Precision Mass Very long-range strike capability products developed collaboratively critically important for Australia, with ADF, that demonstrably work and our Indo-Pacific allies Growing market Sovereign drone OEM In
Slide 10: Australian Department of Defence
AUSTRALIAN DEPARTMENT OF DEFENCE Long term relationship with growing contract awards Innovaero Award of Contracts from Department of 13 contracts awarded in the last five years Defence ($m) ▪ Australian Department of Defence has awarded 13 contracts to Innovaero 30.0 over the last five years, totali
Slide 11: Mission Talon Strike: Path to ADF Procurement
MISSION TALON STRIKE: PATH TO ADF PROCUREMENT ASCA missions do not commence without an endorsed pathway to acquisition ASCA announces Mission 6 Innovaero wins Talon Strike $20.8m (initial value) Talon ‘Talon Strike’ – identifies tender – capability manager Strike contract awarded to mission agreemen
Slide 12: Building for the Future
BUILDING FOR THE FUTURE Current Kardinya facility ▪ Maximum capacity of 250 units/yr New Jandakot facility (HQ, engineering and prototyping) plus training centre ▪ Design completed, land leased, and contracting underway – construction to commence 2026 New Scalable production facility ▪ Additional ca
Slide 13: Outlook
OUTLOOK Contracted order book underpins significant Path to ADF procurement – Mission Talon Strike expected revenue growth ▪ 1HY27E consolidated revenue expected to be $14.4m (~86% contracted) ▪ 13 contracts to Innovaero over the last five years, totaling $47.4m ▪ Remaining contracted order book at
Slide 14: Growth Strategy
2. GROWTH STRATEGY
Slide 15: Growth Strategy
GROWTH STRATEGY Focus on being the supplier of choice for both civil and defence clients and customers Advanced Uncrewed Systems Aircraft Manufacturing, Maintenance, Repair and Overhaul Scale and Expand the OWL Family of Loitering Munitions Increase Marketing and Team Capacity ▪ Reinforce sovereign
Slide 16: Global Markets
GLOBAL MARKETS International expansion underway across key Europe defence markets. Canada Existing strategic United Kingdom partnerships in place and • BAE distribution current discussions agreement United States • Farnborough exhibitor Japan within target markets. • OWL exhibited by agency Australi
Slide 17: Service Business: Aviation Composites
SERVICE BUSINESS: AVIATION COMPOSITES Established maintenance, repair and overhaul services segment Aviation Composites (AVC) is Innovaero's crewed-aircraft product development, engineering, certification, composite manufacturing and Maintenance, Repair and Overhaul (MRO) business, based at Bibra La
Slide 18: Financial Information
3. FINANCIAL INFORMATION
Slide 19: Revenue Profile
REVENUE PROFILE 20 Total Revenue ($m) 18 Robust order book underpins significant expected growth in revenue 16 14 ▪ FY26 revenue of $17.2 million 12 9.8 ▪ 1HY27E revenue expected to be $14.4 million 10 ▪ June 2026 contracted order book of $20.0m expected to deliver $12.4m revenue in 8 14.4 12.9 1HY2
Slide 20: Financial Performance
FINANCIAL PERFORMANCE Revenue: (Non-Consolidated) Consolidated Innovaero Innovaero Holdings Pty Ltd Technologies Ltd ▪ Strengthening revenue from core streams being Defence, Maintenance CY23 CY24 CY25 2H FY26 and Repair overhaul as well as manufacturing services – collectively Revenue 14,842 13,516
Slide 21: Balance Sheet
BALANCE SHEET A$000 Statutory * Pro forma *Pro forma adjustments Reviewed Unaudited Unaudited 30-Jun-26 30-Jun-26 30-Jun-26 Cash and cash equivalents 11,627 37,249 48,876 Innovaero’s pro forma balance sheet mainly comprises: Trade and other receivables 5,171 - 5,171 Contract assets 94 - 94 Inventori
Slide 22: Corporate & IPO Overview
4. CORPORATE & IPO OVERVIEW
Slide 23: Key IPO Metrics
KEY IPO METRICS IPO Offer Metrics Offer price per Share A$0.50 Total Shares on issue on Admission 316,565,519 Shares on issue prior to Admission 236,565,519 Shares offered for subscription under the Capital Raising Offer 80,000,000 Total Options on issue on Admission 9,816,794 Total Performance Righ
Slide 24: IPO to Accelerate Growth
IPO TO ACCELERATE GROWTH Allocation of proceeds across four priority areas: Facilities and Production Use of IPO funds 1 Product and Platform Development 2 Infrastructure Item Subscripti % ▪ Development of the OWL family, including ▪ Establishment of a new headquarters, research on (A$m) advancing t
Slide 25: Capital Structure and Escrow Arrangements
CAPITAL STRUCTURE AND ESCROW ARRANGEMENTS Escrow arrangements ASX escrow – Performance Securities on issue Shares Options shares issued Rights ASX escrow Voluntary Escrow Total Shares upon conversion (24 months )1 (1 March 2027) subject to Escrow of Pre-IPO Securities on issue prior to IPO 169,798,0
Slide 26: Innovaero Board & Management
INNOVAERO BOARD & MANAGEMENT Vince Di Pietro Greg Tunny Mike von Bertouch Michael Hadlow Gavin Martin Rajarshi Ray Chair Chief Executive Officer Executive Director Non-Executive Director Non-Executive Director Non-Executive Director Distinguished aviation and Inspirational engineer and With Innovaer
Slide 27: Investment Summary
INVESTMENT SUMMARY Sovereign armed drone OEM with contracted revenue and significant growth potential Embedded with the ADF, with a clear pathway to certification and targeting entry into service in 2027 Export potential to AUKUS, Japan, some NATO countries and other global markets LIST ON THE ASX A
Slide 28: Appendix
— - APPENDIX
Slide 29: History of Innovaero
HISTORY OF INNOVAERO Recent events and upcoming milestones NEARMAP LTD SPOOKFISH LTD AVIATION IPO Woomera test flights Co-developed technology that Co-developed technology that COMPOSITES Production July & Aug 2026: OWL-Bs underpinned RTO underpinned RTO MRO Business Facility, Acquisition OWL Family
Slide 30: Innovaero's Military Drones
INNOVAERO’S MILITARY DRONES FOX * OWL-B SUPERFOX SUPERFOX Jet 1 STRIX 2 OWL-X OWL-C The Next-Gen tactical Ongoing development Preliminary design for Preliminary design for Developed for BAE Developed for ADF: Long-range strike military drone: for ADF: ADF: ADF1: Systems Aust: evolution of OWL • Succ
Slide 31: Contact
Contact: info@innov.aero www.innov.aero
Innovaero Technologies — Investor Presentation (September 2026) on 6ix