Orbit Proprietary Information - mayafiles.tase.co.il · sponsorship of, these other parties. Orbit Proprietary Information. D A Orbit Overview E N Markets and Position A Customer

Significant Profitable Growth Opportunity in M bil B db d T ki & T l tMobile Broadband, Tracking & Telemetry

Orbit TechnologiesJuly 7, 2011

Avi Cohen - President & CEO

Orbit Proprietary Information

Safe Harbor Statement

The forward-looking statements contained herein reflect management's currentviews with respect to future events and financial performance. These forward-looking statements are subject to certain risks and uncertainties that couldcause the actual results to differ materially from those in the forward-lookingt t t ll f hi h diffi lt t di t d f hi h b dstatements, all of which are difficult to predict and many of which are beyond

the control of Orbit, including, but not limited to, those risks and uncertaintiesdetailed in Orbit' periodic reports filed with the Israeli Securities ExchangeCommission Orbit undertakes no obligation to publicly update or revise anyCommission. Orbit undertakes no obligation to publicly update or revise anysuch forward-looking statements to reflect any change in its expectations or inevents, conditions or circumstances on which any such statements may bebased or that may affect the likelihood that actual results will differ from thosebased, or that may affect the likelihood that actual results will differ from thoseset forth in the forward-looking statements.This presentation contains trade names, trademarks and service marks of other

i W d t i t d di l f th ti ’ t dcompanies. We do not intend our use or display of other parties’ trade names,trademarks and service marks to imply a relationship with, or endorsement orsponsorship of, these other parties.


DA

Orbit OverviewE

ND

Markets and Position

Customer BaseAG

E

Customer Base

Products and Technology

A

Growth Strategy

Operational and Financial

Summary

Company Highlights

Mission-Critical Communication Systems

Mobile Satellite Communications Systems

Tracking & Telemetry Solutions

Communication Management Systems

Headquartered in Israel, Global presenceq , p

Offices in US, UK & Singapore

Global network of over 100 integrators● Orbit HQ● Orbit OfficeGlobal network of over 100 integrators

US manufacturing capability

Li t d th T l A i St k E h

● Maritime Integrators

● Aerospace Partners

Listed on the Tel-Aviv Stock Exchange


Orbit Technology at a Glance…

Share Price (3Y)

Shareholders

35.47%נייס - 7.22%אלביט מערכות 326.54%אורביט

אביב תל 44יתר 26נאסדאק97% 20%

Total outstanding shares - 9,244,081

Total outstanding options -1,074,391

44.4%

1.1%

26.6%

Zeev Stein

Management

Migdal

26.20%נאסדאק 44.97%יתר תל אביב

2010 ($000) % Change vs. 2009

Revenue $53,309 15%

Gross Profit $19 500 36 6% 38%

6 4%

5.5%

1.3% Phoenix + Excellence

Psagot

Israeli Institutions

Orbit Technologies

O bit C i ti

Gross Profit $19,500 36.6% 38%

Operating Profit $4,374 8.2% 84%

Net Profit $4,101 7.7% 94%

EBITDA $5,786 10.9% 59%


3.5%6.3%4.9%6.4% Orbit Communication

Public

Mobile Satellite Communications

We depend on Internet Access for Business and for Personal Welfare

ERPERPSecurity& SafetySecurity& Safety

Remote MedicineRemote Medicine

Navigation Weather

Navigation Weather

Remote SupportRemote Support EmailEmail Phone CallsPhone Calls NewsNewsVideo CallsVideo Calls FunFun

Satellite Communication Provides Internet Anywhere on the Globe

yypppp

Provided You Have a Stabilized Antenna…


Mobile Satellite Communications Systems

• Over 3500 maritime SatCom installations in cargo, leisure, O&G, cruise and navies• Trusted provider of SatCom systems for Defense and Commercial markets

LandLand MaritimeMaritime AirborneAirborne

• Available products in Ku, C and X Bands with Global capabilities

TrainsTrainsTrainsTrains CargoCargoCargoCargo NaviesNaviesNaviesNavies UAVUAVUAVUAVOil & GasOil & GasOil & GasOil & Gas

CommercialCommercial DefenseDefense


Tracking & Telemetry Solutions

• Decades of experience in state-of-the-art systems for the most demanding T&T applications• Breakthrough multi-band RF capabilities, innovative tracking controller and algorithms

MaritimeMaritimeLandLand

R dR dR dR d UAV C&CUAV C&CUAV C&CUAV C&C Fli ht T l tFli ht T l tFli ht T l tFli ht T l t St bili dSt bili dSt bili dSt bili dS t llit I iS t llit I iS t llit I iS t llit I iRadarsRadarsPositioningPositioning

RadarsRadarsPositioningPositioning

UAV C&CUAV C&CUAV C&CUAV C&C Flight TelemetryFlight TelemetryFlight TelemetryFlight Telemetry Stabilized Stabilized TelemetryTelemetryStabilized Stabilized TelemetryTelemetry

Satellite ImagingSatellite ImagingSatellite ImagingSatellite Imaging

CommercialCommercial DefenseDefense



• Over 1800 airborne deployments in Fighters, Intelligence, Transport and Tanker aircraft• Leading digital audio management technology with wireless capability

AirborneAirborne

Fi htFi htFi htFi htT kT kT kT k Milit T tMilit T tMilit T tMilit T tI t lliI t lliI t lliI t lliC i lC i lC i lC i l FighterFighterFighterFighterTankerTankerTankerTanker Military TransportMilitary TransportMilitary TransportMilitary TransportIntelligence Intelligence & Patrol& Patrol

Intelligence Intelligence & Patrol& Patrol

Commercial Commercial TransportTransport

Commercial Commercial TransportTransport

DefenseDefenseCommercialCommercial


DA

Orbit OverviewE

ND


Customer BaseAG

E

Customer Base


A

Growth Strategy


Summary

Mobile Satellite Communications

Oil & Gas• Demanding segment: mission-critical• Sensitive to regulation• Sensitive to regulation• Rigs and support vessels

Government• Tactical/operational needs• Strong Orbit positiong p

Commercial Cargo Ships• Cost-sensitive giant segment• Large growth opportunity

Leisure/Cruise Ships, Mega Yachts• Smaller segments, high adoption of VSAT

Commercial Fishing• Demanding high sea dynamics

Trains• Requires low-profile antennas


q p• Remote areas coverage and high-speed trains

Tracking & Telemetry

Flight Test Telemetry• Real-time bi-directional communication

M ltiple freq enc bands• Multiple frequency bands

Commercial Space Telemetry• Vital data and video from space vehicle during launch

Earth Observation (Remote Sensing)• LEO satellite Command & Control

• Data acquisition and tracking from multiple ground/sea stations

LEO satellite Command & Control

UAV Control & Telemetry• Tracking systems for real-time data from UAV

Stabilized Wireless Communications• P2P high-bandwidth communication where at least one of the points is in motion

g y• Demand for portable systems for land or sea operation

• P2P high-bandwidth communication where at least one of the points is in motion• 3-axis stabilization operates in high humidity and saltiness conditions

Airborne Broadband Communications


• Broadband reliable satellite communication• Small profile antenna designed to operates in extreme ambient conditions


Combat• Minimal “head down” and simple operationMinimal head down and simple operation

Milit T tMilitary Transport• Wireless cabin intercommunications • Largest segment

Mission (Tankers, ISR and Maritime Patrol)• Red/Black separation for secure classified information• High quality of sound• High quality of sound

Commercial Aviation• Certification by regulatory authorities• Controlled by integration giants bundling with avionics • Price sensitive


Our Growth Engines

Well Positioned in Emerging

Well Positioned in Emerging

Well Positioned in Navies

Well Positioned in Navies

Leveraging Our Success to Grow

C t

Leveraging Our Success to Grow

C t

Superior Technology Resulting in

Superior Technology Resulting ing g

Markets (BRIC)

g gMarkets (BRIC)

in NaviesWorldwidein NaviesWorldwide

Customer Service

Revenues

Customer Service

Revenues

Resulting in Revolutionary

Products

Resulting in Revolutionary

Products

Demand for Always-On Broadband Driving

Demand for Always-On Broadband Driving Space IndustrySpace Industry:

Diversified and ResilientSpace IndustrySpace Industry:

Diversified and ResilientMultiple Solutions for

Growing CC44ISRISR MarketMultiple Solutions for

Growing CC44ISRISR MarketMaritime SatComMaritime SatComMaritime SatComMaritime SatComDiversified and ResilientDiversified and Resilient Growing CC44ISRISR MarketGrowing CC44ISRISR Market


Space Industry: Diversified and Resilient

“The space industry will continue to grow as a reliable mode of global information

Ground Stations Earth Observation COTM – (Communications On The Move)

The space industry will continue to grow as a reliable mode of global information exchange, making it integral to the 'total connectivity solution‘”…

“In the 1991 Gulf War, the US Military utilized 99 Mbps of Satellite Communications, in 2003 a smaller US force used 3200 Mbps of Satellite Communications, a 60 fold increase per

Commercial Space

Launchersp psoldier. This continues to increase, with some experts indicating a 300 fold increase by 2030”

“Even in economically challenging times the Space industry has proven resilient. This ili t th ff t f i d liti l t il i d t th di t

Launchers

resilience to the effects of economic and political turmoil is due to the diverse customer base for Space-enabled services, from commercial telecommunications, weather forecasting, global transport networks, military operations, civilian emergency services and environmental monitoring” Space Jam: The Space Market" – F&S Nov 20, 2010

“The Global space economy continued to demonstrate strong growth in 2010, increasing by 7.7%...” “Revenue from commercial infrastructure and support industries increased by 13% in 2010, reaching a total of $87.39 billion.”… “The Earth observation data and VAS markets are expected to grow at an average rate of about 8% per year


data and VAS markets are expected to grow at an average rate of about 8% per year, reaching $1.8 billion and $2 billion respectively by the end of 2019.”

The Space Report 2011: Space Foundation

Demand for Always-On Broadband Driving Maritime SatComMaritime SatCom

1600

Maritime SatCom Revenues ($M) 40%

Annual VSAT Terminals Deployed

189 218 250 288 374 505708

991

1,387

400600800

1000120014001600

10%

20%

30%

40%

1,000

2,000

3,000

4,000

5,000

Grow

th %

SAT

Term

inal

s

189 218 250 288

0200400

0%-

1,000

10 11 12 13 14

VS

New Installs Replacements Growth %

Business productivity, operational needs and crew welfare drive maritime VSAT growth

Frost & Sullivan: Maritime Satellite Communications 2009COMSYS: Maritime VSAT Report 2nd Edition 2010

Analyst estimates for 2011-2012 growth vary between 22% and 40%

ERPERPSecurity& SafetySecurity& Safety

Remote Medic.Remote Medic.

Navigation Weather

Navigation Weather

Remote SupportRemote Support EmailEmail

PhoneCalls

PhoneCalls NewsNews

VideoCallsVideoCalls

EventLogging & Regulation

EventLogging & Regulation


Orbit Solutions for Growing C4ISR Needs

IntelligencePTP Field

CommunicationsNaval SatCom

Reconnaissance UAV C&CSatellite Imaging

Airborne SatComMissile Telemetry

“Without the use of C2/C4ISR equipment, even the most powerful military force will be fighting blind and in disarray. As a result, the market for C2/C4ISR systems is guaranteed to be strong, almost regardless of the prevailing economic conditions”… …“the CAGR for the global C2/C4ISR market from 2011 to 2021 will be 6%”…

Visiongain – The C2/C4ISR Systems Market 2011-2021

“U S DoD C4ISR budget 2011 is $43 3 billion This is a $600 0 million increase over the U.S. DoD C4ISR budget 2011 is $43.3 billion. This is a $600.0 million increase over the 2010 budget. C4ISR spending continues to account for about 6.1 percent of the total DoD budget.”… "Intelligence activities of all types will have the largest growth rate through 2015.“ Frost & Sullivan – U.S. DoD C4ISR Markets, 2010


DA

Orbit OverviewE

ND


Customer BaseAG

E

Customer Base


A

Growth Strategy


Summary

Large and Diverse Customer Base

Satellite CommunicationSatellite CommunicationSatellite Communication

End Users

Prime Contractors

Integrators & Service Providers


Large and Diverse Customer Base (cont.)

Tracking & TelemetryTracking & TelemetryTracking & Telemetry

End Users

Prime Contractors


Large and Diverse Customer Base (cont.)

Communication Management SystemsCommunication Management SystemsCommunication Management Systems

End Users

Prime Contractors


Navies and Coast Guards Choose OrbitA

UK NavyTVRO

Italian NavyOrSat-Ku & X

French NavyOrSat-Ku &

Sweden NavyOrSat-Ku

Dutch NavyTVRO

EMEA AL-7108-C & Ku

Greece NavyOrSat-Ku & X

Spanish NavyTVRO

Sweden NavyOrSat-Ku

Polish NavyOrSat-Ku & X

Scot Fisheries ProtectionOrSat-KuOrSat Ku

C

Indian NavyOrSat-Ku,

India Coast Guard

Indonesia NavyOrSat-C

APA

C TVRO & other TVRO

Singapore NavyOrSat-Ku

Vietnams NavyOrSat-Ku

Korean NavyTVRO

cas

US NavyTVRO &

AL 7109 C

US Coast GuardTVRO

Am

eric AL-7109-C

Brazilian NavyTVRO

Peruvian NavyOrSat-Ku


End Users Choose Orbit

PETROBRAS Chose Orbit SatComTh It li N Ch O bit S tC PETROBRAS Chose Orbit SatCom

Brazil’s O&G industry h O bit th h

The Italian Navy Chose Orbit SatCom

The Italian Navy chose O bit th h S l chooses Orbit through

Gilat, Radiomar and others

Orbit through Selex Communications, a Finmeccanica company.


End Users Choose Orbit (cont.)

Marine Atlantic Chose Orbit SatComMarine Atlantic Chose Orbit SatComMarine Atlantic requested Orbit SatCom systems for their ferries through The Italian Navy chose Orbit through Infosat, a Telesat subsidiary

Princess and Costa Cruises, both Carnival Corporation companies, chose Orbit through Harris Corporation


End Users Choose Orbit (cont.)

The Indian Ministry of DefenceThe Indian Ministry of Defence Chose Orbit Tracking & Telemetry

The Indian Ministry of Defence t d O bit T&T l ti i

The US Department of Homeland Security Chose Orbit CMS

The Sierra Nevada requested Orbit T&T solutions in a number of classified projects contracted to the Israeli Aircraft Industries

The Sierra Nevada Corporation was contracted to integrate Orbit’s systems as part of a contract for Multirole Enforcement Aircraft avionics and sensor.

http://findarticles com/p/articles/mi 6712/is 66 243/ai n39397772/


http://findarticles.com/p/articles/mi_6712/is_66_243/ai_n39397772/

Diversified Mission-Critical Vendor

Products & Systems Multiple Applications

T&T21% SatCom

43%

CMS36% FY 2010 Results

Serving Diverse Customers Americas, 34%

Global Reach*

Revenue split according to product families is disclosed on annual base only

Commercial44%

Defense, 56%

34%EMEA, 22%

FY 2010 Results

APAC, 14%Israel,

31% FY 2010 Results


*we believe that about 75% of Orbit’s sales in Israel are to prime contractors whose systems are marketed outside of Israel

DA

Orbit OverviewE

ND


Customer BaseAG

E

Customer Base


A

Growth Strategy


Summary

TVRO (TV Receive Only) Portfolio

AL-7203

Ku-Band Lin/Cir

Antenna: 0.82m

AL-7204

Ku-Band Lin/Cir

Antenna: 1.30m

AL-7205

Ku/C-Band Lin/Cir

Antenna: 1.50mRadome: 1.05m Radome: 1.52m Radome: 1.95m

AL 7207 AL 7208 AL 7209AL-7207

Ku/C-Band Lin/Cir

Antenna:Radome:

2.00m2 90m

AL-7208

Ku/C-Band Lin/Cir

Antenna:Radome:

2.40m3 35m

AL-7209

Ku/C-Band Lin/Cir

Antenna:Radome:

2.80m3 98m


Radome: 2.90m Radome: 3.35m Radome: 3.98m

Current VSAT (Broad Band) Portfolio

*

OrSatKu/X-Band

AL-7108C/Ku-Band

AL-7109C-Band

Antenna:Radome:

1.15m1.30m

Frequency (Ku):

Antenna:Radome:

2.4m4.5m

Frequency:

Antenna:Radome:

2.8m4.8m

Frequency:Frequency (Ku):• Tx: 13.75-14.5 GHz (extended)

• Rx: 10.95-12.75 GHz

Polarization: • Linear

Frequency:• Tx: 5.9-6.4 GHz• Rx: 3.7-4.2 GHz

Polarization: • Circular

Frequency:• Tx: 5.9-6.4 GHz• Rx: 3.7-4.2 GHz

Polarization: • Circular & Linear

System G/T:• 19dB/K° @ 11.7 GHz

BUC:• 4W, 8W, 16W

System G/T:• 17.5dB/K° @ 3.95 GHz

BUC:• 20W, 40W, CFE up to 200W

System G/T:• 18.5dB/K° @ 3.95 GHz

BUC:• 20W, 40W, CFE up to 200W

** for Ku configuration


Celebrating over 1000 OrSat Shipped!

Over 1000 deployments on Navy Ships, Oil Rigs, SupplyVessels Cargo Ships Mega Yachts & Fishing VesselsVessels, Cargo Ships, Mega Yachts & Fishing Vessels

Setting the Standards for Stabilization, RF Performance,R li bilit & E f O tiReliability & Ease of Operation


Satellite Regulation: A Crowded Sky

2⁰ Angular Separation2⁰ Angular Separation


Satellite Regulation: Preventing Interference

The GEO Satellites are located 2 degrees apart

Side Lobes

35,680km’s

GEO

Antenna Radiation Patterns

GEO

Geostationary Earth Orbit (GEO)


2011 VSAT Portfolio

AL-7103 OrSat

Ku/X-Band

AL-7107 OrBand™

C/Ku-Band

AL-7110 OrMax™

C-Band

Antenna:Radome:

1.15m(45”)1.30m(50”)

Antenna:Radome:

2.2m (88”)2.7m (106”)

Multi-polarization, Electrically

Antenna:Radome:

3.1m (122”)3.8m(149”)

M lti l i ti El t i llFrequency (Ku):• Tx: 13.75-14.5 GHz (extended)• Rx: 10.95-12.75 GHz

Polarization:

Switchable C-band feeds:• LIN (V/H) • CIR (L/R)• LIN/CIR (V/H/L/R)

G/T (C-Band):

Multi-polarization, Electrically Switchable C-band feeds:

• LIN (V/H) • CIR (L/R)• LIN/CIR (V/H/L/R)Polarization:

• Linear

System G/T:• 19dB/K° @ 11.7 GHz

BUC:

( )• 18 dB/K (measured, complete system

Including Radome)

BUC (C-Band):• 20W, 40W, 100W

System G/T:• Over 21dB/K, calculated incl. radome

BUC:• 20W, 40W, 100W, CFE

• 4W, 8W, 16W Weight• 600 Kg (1,300Lb.)

including radome & BUC

Weight• To be Announced


Tracking Solutions

Telemetry Systems

1m, S-Band 2m, L & S-Band 7.3m, X & S-Band 5.1m, S-Band

Maritime Applications

1.0m, C-Band EL/AZ 1.8m, S-Band EL/AZ


DA

Orbit OverviewE

ND


Customer BaseAG

E

Customer Base


A

Growth Strategy


Summary

Growth

Strong

OrganicOrganic

Growth Significant l iplayer in

targeted segments

Targeted

St t i

segments

Strategic

M&A


Our Organic Growth Engines

Well Positioned in Emerging Markets

India/C4ISR

Well Positioned in Emerging Markets

India/C4ISR

Well Positioned in Navies WorldwideWell Positioned in Navies Worldwide

Grow Customer Service Revenues

Grow Customer Service Revenues

Revolutionary Products

T l t

Revolutionary Products

T l tIndia/C4ISR12% - 16%

Brazil/O&G25% - 30%

India/C4ISR12% - 16%

Brazil/O&G25% - 30%

10% - 15%10% - 15% 25% - 40%25% - 40%Telemetry

15% - 30%C-Band SatCom25% - 40%

Telemetry15% - 30%C-Band SatCom25% - 40%



Space IndustrySpace Industry: Diversified and Resilient

Space IndustrySpace Industry: Diversified and Resilient

Multiple Solutions for Growing CC44ISRISR Market

Multiple Solutions for Growing CC44ISRISR Market

Maritime SatComMaritime SatCom

66% % -- 1414%%

Maritime SatComMaritime SatCom

66% % -- 1414%%22% - 40%22% - 40%

g

55% % -- 88%%

g

55% % -- 88%%


Taking Market Share in Growing Markets

Outperforming the Industry Growth Rate

Tracking & Telemetry SolutionsTracking & Telemetry Solutions

50%Booking

50%2009 2010

Maritime SatCom

19% 26% 30%2008 2009 2010 2011

Driven by Brazil O&G growth+ major Navy and Commercial wins

Revenues


Growth

Strong

OrganicOrganic

Growth Significant l iplayer in

targeted segments

Targeted

St t i

segments

Strategic

M&A


Vision Leadership Challenge…

to ApplicationsFrom Infrastructure… pp

M i S t

Navigation & Weather

Marine Satcom

Audio Call Management

Crew Welfare

Remote MedicineFrom providing

th t k…to providing a software

application platform

the network… application platform

for marine services

Video Monitoring & Security

Remote Training & Support

Remote ERPOrbit Proprietary Information

Inorganic Growth through Acquisitions

Acquire a marine software company and establish a “ t f ll ” i d t t i d t

Applications

“center of excellence” in order to create industry-specific solutions (VAS’s) leveraging our products and

position creating recurring revenue stream (SAS)

Acquire a company to improve our access into the US defense market and increase our business

U.S. Platform

US defense market and increase our business


Orbit Corporate Structure and IPO

Orbit TechnologiesLtd

Israel

US

Orbit Technology is organized as a holding company and traded on the Tel A i E h Ltd.

(TASE:ORBI)

100%

US

Europe

Aviv Exchange. Orbit Communication Systems Ltd.,

presently a subsidiary of Orbit Technology

Orbit Communication Systems Ltd.

NASDAQ IPO

Technology A pure play in the Mobile Satellite

Communications and C4ISR Markets - All business is conducted via this entity

100% 100%

All Orbit personal are employed by this company

We have chosen to take Orbit Communication Systems Ltd public on

Orbit Communication Ltd.

Orbit Communication Systems Inc.

Communication Systems Ltd public on the NASDAQ in order to: Provide the capital to enable us to take

advantage of the substantial growth opportunities that we see in these

Orbit Communication Systems Europe Ltd

OrTesLtd

100%50%opportunities that we see in these markets.

Establish this company as a pure-play US LISTED company limiting any confusion

d d l li ti


Systems Europe Ltd.Ltd.around any dual-listing

DA

Orbit OverviewE

ND


Customer BaseAG

E

Customer Base


A

Growth Strategy


Summary

Orbit CS Management Team

AviAviCohenCohen

AviAviCohenCohen

Ze’evZe’evSteinSteinZe’evZe’evSteinStein

President and CEOPresident and CEO

CohenCohenCohenCohenChairman of the BoardORBIT Technologies

Chairman of the BoardORBIT Technologies

VP OperationsVP Operations

YaronYaronAharonAharonYaronYaron

AharonAharon

SVP R&DSVP R&D

ErezErezShabirowShabirow

ErezErezShabirowShabirow

SVP BDSVP BD

YossiYossiLeviLevi

YossiYossiLeviLevi

Pres. AeroComCEO O bit CS IPres. AeroComCEO O bit CS I

IsraelIsraelAdanAdanIsraelIsraelAdanAdan

EVP & CFOEVP & CFO

ShmuelShmuelKorenKoren

ShmuelShmuelKorenKoren

PresidentSatCom BUPresident

SatCom BU

Yosi Yosi AlbagliAlbagli

Yosi Yosi AlbagliAlbagli

VP BusinessO ti A C

VP BusinessO ti A C

NissimNissimBardaBardaNissimNissimBardaBarda

ppCEO Orbit CS Inc.CEO Orbit CS Inc.

VP CMS DeputyVP CMS Deputy

JacobJacobKaplanKaplanJacobJacobKaplanKaplan

VP SatCom BUVP SatCom BU

Lior Lior WeinsteinWeinstein

Lior Lior WeinsteinWeinstein

Finance

ITLegal

SatCom BUSatCom BU

Dir HRDir HR

TzuritTzuritGolanGolanTzuritTzuritGolanGolan

Operations AeroComOperations AeroCom

DeliveryVP CMS, Deputy

AeroCom BU Pres.VP CMS, Deputy

AeroCom BU Pres.

SamuelSamuelSnirSnir

SamuelSamuelSnirSnir

VP SatCom BUDeputy BU Pres.VP SatCom BU

Deputy BU Pres.

Product MarketingCustomer Service

WW SalesWW Sales

IRFacilities

Dir. HRDir. HR

Travel

ExportDir. MarketingDir. Marketing

Gabriel Gabriel RacahRacahGabriel Gabriel RacahRacah

VP T&T, DeputyAeroCom BU Pres.

VP T&T, DeputyAeroCom BU Pres.

SnirSnirSnirSnir Custo e Se ceDelivery

WW Sales

Product Marketing

AeroCom – Aerospace Communication BUSatCom – Satellite Communication BU

CMS – Communication Management SystemsT&T – Tracking and Telemetry

Dir. MarketingDir. Marketing


Product MarketingCustomer Service

g y

We have been upgrading for the last 2 years

Very strong, experienced New Management

CEOand capable senior management team

CEO

AeroCom President

SatCom President

In 2009 and 2010, ~50

SatCom President

CFO

Operationsnew people joined the company while the HC did not change…

Operations

Complementary Talent

D li d P d t

Service

Product Marketing

R&D Delivery and Product Marketing built from scratch

R&D

HR

Program Management


Sales

Strong Financial & Operational Execution

Revenue $M50 0%7 000

Gross Profit

10.7 11.3 12.0 12.4 12.1 13.0 13.8 14.4 14.3

8 010.0 12.0 14.0 16.0

26.8%30.7%31.2% 32.8%35.7%36.6% 36.7%

37.4% 40.1%

20.0%

30.0%

40.0%

50.0%

3,0004,0005,0006,0007,000

-2.0 4.0 6.0 8.0

Q1/09 Q2/09 Q3/09 Q4/09 Q1/10 Q2/10 Q3/10Q4/10 Q1/11

0.0%

10.0%

20.0%

01,0002,000

Q1/09Q2/09Q3/09Q4/09Q1/10Q2/10Q3/10Q4/10Q1/11G P fit ($K) G P fit %Q1/09 Q2/09 Q3/09 Q4/09 Q1/10 Q2/10 Q3/10Q4/10 Q1/11

12 5% 14 0%2 000

EBITDA1 488

Net Profit $K

Gross Profit ($K) Gross Profit %

7.1%9.2%9.7%

11.6% 10.8%10.4%10.6%11.5%12.5%

6.0%8.0%10.0%12.0%14.0%

1,000

1,500

2,000

439 445 571 654 720 907

1,307 1,488

1,199

600800

1,000 1,200 1,400 1,600

0.0%2.0%4.0%

-

500

Q1/09Q2/09Q3/09Q4/09Q1/10Q2/10Q3/10Q4/10Q1/11

439 445

-200 400 600

Q1/09Q2/09Q3/09Q4/09Q1/10Q2/10Q3/10Q4/10Q1/11

Orbit Proprietary Information47

EBITDA ($K) EBITDA %

*Excluding one off income/costs

Yearly Results & 2011 Guidance

62-65

Revenue $M50 0%30 000

Gross Profit38% 41%

40.5 46.4

53.3

62-65

30.0 40.0 50.0 60.0 70.0

16.5%

30.5%36.6%

20.0%

30.0%

40.0%

50.0%

10 00015,00020,00025,00030,000 38%-41%

-10.0 20.0

2008 2009 2010 2011 Guidance

0.0%

10.0%

05,000

10,000

2008 2009 2010 2011 Guidance

EBITDA Operating Cash Flow $m

Gross Profit ($K) Gross Profit %

7.8%10.9%

0.0%

5.0%

10.0%

15.0%

2,000 4,000 6,000 8,000

3.4 6.7

-5 0

-

5.0

10.0

2008 2009 2010

-11.7% -15.0%

-10.0%

-5.0%

-6,000 -4,000 -2,000

-2008 2009 2010

-11.4 -15.0

-10.0

-5.0

Orbit Proprietary Information48

EBITDA ($K) EBITDA %*Excluding one off costs

Longer Term Financial Model

Three- to Five-year Targets2011

Product & Systems 83% 68-74%Recurring and Service 17% 26-32%Gross Margin 40% 43-46%R&D 12% 11-12%S&M 11% 11-12%G&A 7% 6-7%Op. Profit 10% 15-17%Net Profit 8% 13-15%EBITDA 12% 16-18%CAPEX 2% 1-2%CAPEX 2% 1 2%

Orbit Proprietary Information% of revenues

DA

Orbit OverviewE

ND


Customer BaseAG

E

Customer Base


A

Growth Strategy


Summary

Putting the Pieces Together

i ifi d i i L M k tDiversified Mission Critical Vendor

Large Market Opportunity &

Growing MarketShare

Superior h l

Share

Large & Diversified Customer Base

Technology & Solutions

InnovativeG h Strong Financial

& Operational Execution

Growth Strategy


Thank YouThank You

Documents

Orbit Proprietary Information - mayafiles.tase.co.il · sponsorship of, these other parties. Orbit Proprietary Information. D A Orbit Overview E N Markets and Position A Customer