Vann Rogerson, President/CEO

March 19, 2013

North Carolina’s Northeast Region

Tourism & Economic Development for the

16 Counties in the Northeast

Opportunities for our

Future Economy

Today’s Topics

• Logistics Opportunities

• Three Economic Clusters •Heritage Tourism •Aerospace •Marine

LOGISTICS

Cargo Terminals Hampton Roads Harbor

NIT NNMT

Future CIMT

PMT

APM Terminals

APMT

• APMT – 1.25 M TEU +/-

capacity – 855,000 TEU

estimated for 2012

• APMT II • Open in

2016/2017 • 1.1 M TEU +/-

capacity • $250 M +/-

Cargo Terminals Hampton Roads Harbor

NIT NNMT

Future CIMT

PMT

APM Terminals

Phase 1 – June 2025

Total Acreage: 220 Pier Length: 3000 ft. Depth: 52 ft. Cranes: 6 Capacity: 1.5M TEUs Cost: $1.2B

Future Craney Island Marine Terminal

2012 Metrics • 2nd Best Year in the Port’s History • 2.1 million TEUs • 2012 – Fastest Growing Port on East Coast

9.8% is better than Savannah, Charleston, or NY

• New intermodal rail service to and from Greensboro, NC, (via Norfolk Southern) was launched in 2012

• Panama Canal Expansion will be complete 2015. Already handling large ships via Suez Canal

• 163 Ships with +10,000 TEU capacity are on the seas today – 120 new ships have been ordered

InterCoastal Waterway Freeway An Opportunity ?

• Formalized NC-Va Port Relationship • Negotiated barging to/from specialty

port locations in Va/NC • Additional federal dollars for dredging

based on additional commercial barge traffic

• Result: an improved waterway for our recreational fishermen

Issue of Port Privatization

• To privatize, or not to privatize …at the March 26 Board meeting

• If privatized – expect 6-12 months of direct negotiations with APM Terminals, J.P. Morgan, or both simultaneously.

• If privatized, Virginia would shift from an operating port model to a landlord port model

High Speed Rail

• Richmond to Norfolk

• Future passenger rail to the Outer Banks?

Critical Highway Corridor Completions

• Highways 17 & 64

• Hwy 17 - Backbone for our 40 county Eastern

Heritage Corridor. Branding Eastern NC to foreign travelers

• Critical routes for access to the Inner Banks

• Critical for new southern route from Hampton Roads to I-95

I-44

CLUSTERS

40 County Heritage Corridor

Consultant Feasibility Study Shows

Region Would Qualify as a Federal Heritage Area

Next Steps

• Pursue a Federal Heritage Designation

• Develop a Business Plan

• Catalog our natural, historic, and cultural assets

AEROSPACE Innovation Creating Jobs

Aerospace & Aviation Workforce

Experienced Workforce

+13,000 military service members retiring and transitioning

to our regional workforce

annually

Out Commuters to Virginia

16,000 workers Travel to SE Virginia

Daily

Kyle Snyder NGAT Center Director 919-515-8623 (office)

919-234-7998 (mobile) kyle_snyder@ncsu.edu

Unmanned Aircraft Systems

Vireo™ UAS

• Swappable 360˚ Stabilized EO and IR gimbal modules • Automatic moving target tracking • 720p HD EO option available, SWIR imagers available • Ultra-portable, single person operation

• Autonomous hand-launch, precision recovery

• Rugged composite construction for durability

• Excellent wind tolerance to 30+ knots

• Spectrum-efficient encrypted full digital data link

• Low operating and sustainment costs

• Squad-level surveillance

• Urban operations

• Rapid reaction

• Aerial survey

• Crime scene reconstruction

• Law Enforcement

• First Responders

Ideal missions

Backpack-portable aerial imagery

Micro Gimbal ISR Payload

Bell 407 Purchase Price - $3.2 Million Operating Cost per Hour - $750.00 Crew – Specialized Pilots Storage- Hangar Fuel – Jet A1, 46gph @ $5.60

Cost Comparison

United Technologies Vireo UAS Purchase Price $60-$90 thousand Operating Cost per Hour - $10.00 Crew- UAS Training Storage – Automobile Trunk Fuel – Rechargeable Battery

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Vireo™ UAS System Components

All components shown pack into Rugged Transport Case for transport, storage or shipping

System composition fully customizable to customer needs

GCS carry case

Spare air vehicle batteries

Ground Comms subsystem with antenna, tripod Power/Data Hub

GCS Tablet Battery Charger

Additional micro gimbal payloads

FSK

Vireo™ air vehicle with battery & payload installed, Carry case

GCS

AV 1

AV 2

Area Under Consideration

NOTAM – 7W6 Unmanned aircraft operations on and NW of airport Contact MCAS Cherry Point Approach on 124.1 for advisories Monitor CTAF/Unicom 121.7 for real-time activity

(Not yet FAA Approved)

Future Agricultural Applications

• Crops – Aerial Application – Crop Health Monitoring

• Infestation • Ripeness

• Herd management – Measure forage density – Count livestock and patrol large

area farms. – Detect diseases and outbreaks of

diseases with thermal imaging

BOSH Condor

Agricultural Imagery

Reflected infrared is more reliable in monitoring plant health than the reflected green wavelengths Healthy Stressed Bare Soil

(Normalized Difference Vegetation Index)

potatoes

soybeans

PLANS

• FAA “Test Range” RFP

• First COA Approved By FAA

• Ag COA – Research flights begin in April, 2013

Marine Cluster Development

Southern Diesel Englehard Marine Park

Southern Diesel – Hyde $350,000 / 5 Employees

Department of Commerce’s Wanchese Seafood Park (Dare Co.)

Perquimans County Marine Industrial Park

GunBoat Wanchese Seafood Park (Dare Co.)

$1.8 million / 71 Employees

Vann Rogerson, President/CEO