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AirShip Technologies Group 1 AIRSHIP PROPRIETARY BEN BERRY FOUNDER AND CEO AIRSHIP TECHNOLOGiES GROUP, Inc. www.airshiptg.com [email protected] +1.503.320.1175 AIRSHIP AIRSHIP ENDURANCE V5 VTOL UAV

AirShipTG Summary -Gan Briefing 011115

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Page 1: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 1AIRSHIP PROPRIETARY

BEN BERRYFOUNDER AND CEOAIRSHIP TECHNOLOGiES GROUP, [email protected]+1.503.320.1175

AIRSHIP

AIRSHIP ENDURANCE V5 VTOL UAV

Page 2: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 2AIRSHIP PROPRIETARY

Fires are fought in the blind

AIRSCAPE Mobile App

Page 3: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 3AIRSHIP PROPRIETARY

Page 4: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 4AIRSHIP PROPRIETARY

AERIAL PACKAGEDELIVERY

Page 5: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 5AIRSHIP PROPRIETARY

AGRI-BUSINESS needs sensors to optimize farm production AIRSCAPE

SENSORS

Page 6: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 6AIRSHIP PROPRIETARY

Search & Rescue is slow and tediousSUBMERSIBLES with cameras

Page 7: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 7AIRSHIP PROPRIETARY

AIRSHIP

LAWENFORCEMENT

Page 8: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 8AIRSHIP PROPRIETARY

Page 9: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 9AIRSHIP PROPRIETARY

NEW PARADIGM

Small unmanned flying vehiclesLong flight enduranceAerial+submersible intelligence

Page 10: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 10AIRSHIP PROPRIETARY

OUR PRODUCT

Vehicle+Cloud+Appseamlessly integrated

Page 11: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 11

AirShip Endurance Submersible UAVAIRSHIP ENDURANCE

Page 12: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 12AIRSHIP PROPRIETARY

V2

AirShip V2 3.25 ft.

AirShip V5 6.35 ft

V1

V5

ElectricAutonomous5-Day Endurance

AIRSHIP

AIRSHIP PROPRIETARY

Page 13: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 13AIRSHIP PROPRIETARY

BroadbandComms Relay

Page 14: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 14AIRSHIP PROPRIETARY

Persistent Flight Endurance. The AirShip Endurance V1/V2/V5’s persistent flight endurance works at a high performance level for days without fatigue. The AirShip Endurance VTOL UAVs are based on a constant recharging electric architecture with the UAV’s fuselage and wings that are externally covered with a solar film array that recharges internal ultra-capacitors and an optional 35.5 Watts Lithium-ion battery or 100 Watts Hydrogen Fuel Cell for 25.5 hours. Ducted fan aerial regeneration, serves for persistent endurance and enables takeoff and landing vertically. Once airborne, the UAV transfers energy regeneration from the lateral turbines and rolls up the rear turbine to 90-degrees to push the aircraft while using the lift of its wings to stay airborne and conserve energy.

With its ultra lite weight and aircraft glide and loiter flight patterns, the AirShip V1/V2/V5’s flight endurance is designed to fly aloft until a scheduled maintenance, repair & overhaul (MRO) point. The V1/V2/V5 MRO is within days of flying time, depending on the weather conditions. The following is the AirShip V1/V2/V5’s Sustainable Power Velocity Architecture.

Power Architecture: AirShip Endurance

Electric

Velocity Rear Ducted Air Accelerator Electric Turbine

Lateral Ducted Air Accelerator

Electric Turbines

RenewableSolar Film Electricity

Ultra Capacitors

-(Electrical Storage)

Starter

AerialRegenerativeDrive Electricity

Lithium-PolymerBattery

-(Electrical Storage)

HydrogenFuel Cell

-Electricity

Page 15: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 15AIRSHIP CONFIDENTIAL

24-Hour Power Management: AirShip Endurance V5

Solar Film

Day Unit Watts/Hr. (Watts)

Solar Film Power 336.0Aerial Regeneration 20.0Ultracapacitors 14.0Hydrogen Fuel Cell 0.0Vertical Takeoff -1.2Climb, Cruise Loiter -4.0Vertical Landing -1.2   Navigation -3.0Communications -3.0Sensor Equipment -3.0

Remaining Whr. 354.6

Night Unit Watts/Hr. (Watts)

Solar Film PowerAerial Regeneration 20.0Ultracapacitors 14.0Hydrogen Fuel Cell 100.0Vertical Takeoff -1.2Climb, Cruise Loiter -4.0Vertical Landing -1.2   Navigation -3.0Communications -3.0Sensor Equipment -3.0

Remaining Whr. 118.6

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16AirShipTG Confidential and Proprietary Information

16

Dragon Eye

Force Protection Aerial Surveillance System (FPASS)

FQM-151 Pointer

Raven

BUSTER

AirShip Flying Ray VTOL UAV V2 / V5

Hours

Day Night

Lithium-ion Battery

Solar Film

Ultra Capacitors

Days

AIRSHIP V1/V2/V5: Clean Tech Endurance Advantage

Gasoline JP-5 & JP-8

Titan Solara

5 years

Solar and Hydrogen Fuel Cells

4-6-8 Rotor

Drones

0 1 2 4 12 24 36 48 60 D1-D2-D3-D4-D5

Flight Endurance

Regenerative Drive

Page 17: AirShipTG Summary -Gan Briefing 011115

17AirShipTG Confidential and Proprietary Information

AirShipTG Confidential and Proprietary InformationAirShip Technologies Group

AirShip V2 VTOL UAV

AirShip VTOL UAV V1/V2 and V5 use Solar Film to Recharge Ultracapacitors

Flight Endurance Target: 5-DaysAirShip Endurance Data Sheet Specif

ication

Solar Film

Page 18: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 18AIRSHIP PROPRIETARY

Power Architecture: AirShip Endurance

http://www.hes.sg/

Solar Film Flight

Hydrogen Fuel Cell Flight

Page 19: AirShipTG Summary -Gan Briefing 011115

19AIRSHIP PROPRIETARY

Altitude and Submersible DiversityOperate over flat, urban terrain at sea level

altitudes and, as required in rural, mountainous terrain and jungle environments.

LimaCusco Ene River

4,500

2,500 400 0 -20

Altitude and Depth (feet)

V2 Submersible UAV-20 feet; with Encapsulated Pressure Pod and folded wings to -300 meters

V2 Unmanned Aerial Vehicle400 ft 1st Responder; 2,500 to 4,500 feet Defense

Page 20: AirShipTG Summary -Gan Briefing 011115

20

CTJA - Unmanned Systems Engineering

AIRSHIP PROPRIETARY

ProcerusAutonomous Virtual Cockpit

Launch and Recovery Element (LRE) / Mission Control Element (MCE)

Page 21: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 21AIRSHIP PROPRIETARY

WORLD CHANGING PRODUCT Commercial & Defense UAV platformLong fight enduranceClean tech propulsionAerial and submersible intelligence

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AirShip Technologies Group 22AIRSHIP PROPRIETARY

MARKET SIZE

Worldwide current market: $5.9B to $11.3BMarket by 2017: $94BAirShip market share by 2017: $69.9M

Page 23: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 23AIRSHIP PROPRIETARY

WHY NOW?

UAV sector is boomingUSA has 100,000 1st Responders FAA 1st Responder UAV authorization planned for September 2015

Fire – Law Enforcement – Emergency Management – Emergency Communications – Depts of Transportation – Public Health Depts – News Media

Page 24: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 24AIRSHIP PROPRIETARY

Over The Next Decade, Fixed Wing Aircraft Production Will Be Replaced In Part By UAV Production

Worldwide Military Fixed Wing Aircraft Production (2011-2020)

0

100

200

300

400

500

600

700

800

900

1,000

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

UAV, 12%

Tanker, 10%

SpecialMission, -2%Transport, -5%

Trainer, -19%

Fighter /Attack, -3%

Un

its

DefenseMarketOutlook

UAV’s

AirShip Technologies Group

Page 25: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 25AIRSHIP PROPRIETARY

COMMERCIAL PRODUCT PRICES

AirShip V1 : aerial $5,750 / submersible $6,750

AirShip V2 : aerial $30,000 / submersible $78,000

AirShip V5 : aerial $118,000 / submersible $149,000

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26AirShipTG Confidential and Proprietary Information

AIRSHIP PROPRIETARY

The V2 Competition – Small UAV’sBusiness Intelligence

* AirShip V2 Endurance VTOL UAV base aircraft is $30,000; Submersible V2 is $78,000; V5 with advanced sensors is $118,000; V5 Submersible is $149,000.

AirShip V1 Endurance VTOL UAV base aircraft is $5,750; Submersible $6,750.

AirShip Technologies

Commercial/DOD

10 lb3.25 ft3.25 ft6.6 lb

Solar Film and Aerial Regeneration

400 ft – 4,500 ft700 nm

5 days6,120 systems

$30,000 *Estimated Cost $60,000-$70,000 $300,000 $35,000 $35,000 $100,000

Flying Ray

3.4 ft

Page 27: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 27AIRSHIP PROPRIETARY

GO TO MARKET

USA first and thenAsia, Europe and BRICS

Page 28: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 28AIRSHIP PROPRIETARY

OUR PURPOSEBuild extremely long flight endurance, autonomous, and competitive small unmanned flying vehicles with onboard intelligence sensors

Deliver AirScape subscription services

Page 29: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 29AIRSHIP PROPRIETARY

INTELLIGENCE-AS-A-SERVICE1st Responders buy subscription AirScape services

Page 30: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 30

• Troop Transport• Medical Evacuation• UAV Resupply• Intelligence, Surveillance, Reconnaissance - ISR

• Payload Transport• Backpack Drone• Tactical Defense

• Law Enforcement• Homeland Security• Boarder Surveillance• Emergency Management• Disaster Relief Coverage• Firearm Discharge GPS Alert• Maritime Pirate Surveillance• Sports Arena/Airport Terminals• Campus Aerial Security

• Geographic Scanning• Fire Lookout Spotter• Fire Intelligence• Acoustics Monitoring• Wildlife Congregation disruptor

• Flyover Video• Public Sporting Events

• Materials Monitoring• Power Line Checking• Utility Assets Observation• Pipe Line Checking

• Fire Emergency Med.• Hospital EMT• Land/Sea Search• Fire ISR Alerts

• Lifeguards/Sharks• Offshore Pirates• Resorts/Parks • Asset/Equip.

• Electronic• Government• Transportation

• Google Maps.• MS Bing Maps

• Yahoo Maps• Zillow Maps

• Agriculture• Archaeology• Coastal Management• Natural Hazards• Environmental Monitoring• Forestry• Geospatial• Homeland Security• Land Coverage & Geo Change Detection• Oil/Gas Exploration & Dev• Pipeline/Transmission Surveys• Land Development• Mining• Motion Picture Production• Sports & Tourism

• Inter-Planetary• Asteroid• Military Scouting• Lost Hikers• Air/Submersible Scout• Rail Collision Scout• Waterway Scouting (lakes, rivers, oceans)

• Explosives * IEDs• Narcotics• Air pollutants

• Disease Pathogen Vectors

Environmental Surveillance, 8.2%

News Media Coverage, 4.1%

Hazardous Materials Coverage, 4.2%

Search and Rescue Service, 9.1%

Public Safety,10.0%

MilitaryMission,6.0%

Asset Mgt. Surveillance,

9.7%

Online Mapping & Imaging Augmentation, 8.5%

Geographic Information Systems

Imagery, 22.1%

Remote Terrain Scouting, 8.6%

Communications, 1.8%

Wildlife Monitoring, 0.9%

AirSniffMultifunctional Applications, 7.9%

Public Health, 1.2%

Clean TechSolar Thin Film

ISR Intelligence,Surveillance

Reconnaissance

SolarTurbine

Ducted Fan

Air Accelerators

AirScape Services - ISR Enabled

1st Responders &

Military Need Efficient Aerial and Submersible Service

Delivery Platforms

Pain / Solution

Page 31: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 31AIRSHIP PROPRIETARY

BUSINESS MODEL

Sell Vehicle+AirScape Cloud Cloud annual subscriptions

Page 32: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 32AIRSHIP PROPRIETARY

AIRSCAPE PRICINGAirScape Cloud: $4,500 to $10,000/year/1st Responder customer

USA: Over 100,000 1st Responder organizations will place multiple UAV orders

Page 33: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 33AIRSHIP PROPRIETARY

AIRSHIP GLOBAL SALESPRODUCTION FORECAST

DESCRIPTION 2015   2016   2017   2018   2019

 

Sub-Tota

lsAIRSHIP GLOBAL SALES PRODUCTION V1 252 290 569 727 750

2,587

AIRSHIP GLOBAL SALES PRODUCTION V1 (Submersible) 63 93 254 292 336

1,038

AIRSHIP GLOBAL SALES PRODUCTION V2 182 272 391 528 587

1,960

AIRSHIP GLOBAL SALES PRODUCTION V2 (Submersible) 64 74 101 116 121 476AIRSHIP GLOBAL SALES PRODUCTION V5 178 205 265 305 331

1,284

AIRSHIP GLOBAL SALES PRODUCTION V5 (Submersible) 4 6 9 10 12 41AIRSHIP GLOBAL SALES PRODUCTION V9 0 0 0 2 6 8AIRSHIP GLOBAL SALES PRODUCTION V17 0   0   0   0   0   0

Unit Sub-Totals743 938 1,590 1,981 2,142  

7,394

Projected AirScape Service Contracts 5   56   78   134   156 429

Page 34: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 34AIRSHIP PROPRIETARY

AIRSHIP PROFORMAFORECAST

DESCRIPTION 2015   2016   2017   2018   2019  

REVENUE                     Sales - UAVs and options $33,926,250 88% $42,468,728 87% $61,067,341 87% $77,426,032 87% $91,698,877 86% Sales - Spare Parts $2,374,838 6% $2,972,811 6% $4,274,714 6% $5,419,822 6% $6,418,921 6% Vehicle Service Contracts $1,696,313 4% $2,123,436 4% $3,053,367 4% $3,871,302 4% $4,584,944 4% Income from AirScape Service Contracts $51,500 0% $663,320 1% $1,062,497 2% $2,099,112 2% $2,810,303 3% Consulting Professional Services $416,000 1% $468,000 1% $520,000 0.7% $624,000 0.7% $624,000 0.6%

REVENUE TOTAL $38,464,900 100% $48,696,296 100% $69,977,918 100% $89,440,268 100% $106,137,046 100%COST OF GOODS SOLD   UAV COGS - Material, Labor & Applied Overhead

$7,524,520 20% $9,980,000 20% $15,154,089 22% $18,815,444 21% $21,416,761 20%

Cost of Spare parts Sold and Used in Service Contracts

$1,865,944 5% $2,335,780 5% $3,358,704 5% $4,258,432 5% $5,043,438 5%

COGS TOTAL $9,443,100 25% $12,673,702 26% $19,239,163 27% $24,126,586 27% $27,786,615 26%GROSS PROFIT $29,021,800 75% $36,022,594 74% $50,738,756 73% $65,313,682 73% $78,350,431 74%   OPERATING EXPENSES   Property Taxes, Building & Utilities Expense

$139,839 0.4% $721,039 1% $1,253,189 1.8% $1,789,726 2% $2,266,179 2.1%

Payroll Expense (including taxes and Benefits)

$8,575,955 22% $15,563,977 32% $19,797,749 28% $24,609,279 28% $29,980,673 28%

R&D Expense & outside contractors $1,017,788 3% $1,274,062 3% $1,832,020 3% $1,548,521 2% $1,375,483 1% UAV Maintenance Staff & Equipment Expense

$678,525 2% $424,687 1% $610,673 1% $774,260 0.9% $916,989 1%

Warranty Claims Expense $1,696,313 4% $1,698,749 3% $1,832,020 3% $2,322,781 3% $2,750,966 3% Product Liability Insurance $508,894 1% $637,031 1% $1,068,678 2% $1,548,521 2% $1,833,978 2% Professional Fees $384,649 1% $486,963 1% $699,779 1% $894,403 1% $1,061,370 1% Sales & Marketing (other than payroll expense)

$576,974 2% $730,444 2% $1,049,669 2% $1,341,604 2% $1,592,056 2%

Other Misc. G&A Expenses $339,263 1% $424,687 1% $610,673 1% $774,260 1% $916,989 1% Depreciation Expense $310,344 1% $967,404 2% $1,685,833 2.4% $2,308,044 3% $2,807,628 3%

OPERATING EXPENSES TOTAL $14,228,542 37% $22,929,043 47% $30,440,286 43% $37,911,399 42% $45,502,310 43%   

PRE -TAX INCOME $14,793,259 38% $13,093,551 27% $20,298,470 29% $27,402,282 31% $32,848,121 31%INCOME TAX PROVISION $6,139,202 16% $5,433,824 11% $8,423,865 12% $11,371,947 13% $13,631,970 13%

NET INCOME $8,654,056 22% $7,659,727 16% $11,874,605 17% $16,030,335 18% $19,216,151 18%   

STATEMENT OF CASH FLOWS  Net Income $8,654,056 $7,659,727 $11,874,605 $16,030,335 $19,216,151  Depreciation Expense $310,344 $967,404 $1,685,833 $2,308,044 $2,807,628  Increase / Decrease in Working Capital

(3,205,408) 

(4,058,025) 

(5,831,493) 

(7,453,356) 

(8,844,754) Net Cash Provided by Operating Activities $5,758,992 $4,569,106 $7,728,945 $10,885,024 $13,179,025  Net Cash Used by Investing Activities ($2,798,790) ($4,415,630) ($5,323,520) ($5,367,386) ($4,766,540) Net Cash Provided by Financing Activities $0 $0 $0 0 0 TOTAL CASH PROVIDED BY BUSINESS $2,960,202   $153,476   $2,405,425   $5,517,638   $8,412,484  

Page 35: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 35AIRSHIP PROPRIETARY

UAS Manufacturers in the USA Business Intelligence

Page 36: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 36AIRSHIP PROPRIETARY

MEETS 3 out of 4Oregon Industry Market

Investment FocusClean Technology• Alternative Solar Energy• Electric UAV Vehicles• Nanotech Construction

ActiveOutdoor

Ware

AdvancedManufacturing

SoftwareDevelopment

AIRSHIP Jobs

FAMILY WAGE JOBS• Clean Tech Manufacturing• Solar Film Application• Aerospace and Business

Professional Services

Strike Zone for AirShip

Hybrid Electric V9

V17 &V30

Regen Electric V1

V2 & V5UAVs

VTOL, UAV & AirScape

Mobile App.

• Additive Manufacturing• 3D Materials Printing

• Robotics

Fuselage and

Airframe

Air Accelerator Propulsion

Projected AirShipTG Full Time Equivalents (FTEs)

2015 2016 2017 20188 2019

58 83 105 120 136

Page 37: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 37AIRSHIP PROPRIETARY

AirShip Endurance UAVs

Toy Hobby Image Ag Transportation E-Comms 1st Defense Responders

AIRSHIP PROPRIETARY

COMPETITIVE MARKETS

Page 38: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 38AirShipTG Confidential and Proprietary Information

AirShip V30 Transport - In DevelopmentPre-Sales

Order Customer UAS Application

Devel UAV Purchase

V2 Basic Core

V2 Advance Sensor

V2 Submersib

le

V5 Submersib

le

V5 Submersible

Advance Sensor

AirShip V9 - In Development

AirShip V17 - In Development

AirShip VX - In

Development

AirShip V30 Transport - In Development

Total UAVs

Totals: $19,231,680 209 8 12 21 36 0 0 0 0 286

SO - ATG-3-100 AYEIM & YESJ EXPERT ISR app Reseller for USA and International $3,392,520 99 1SO - ATG-3-101

Conquiro Ltd UK Centre for Homeland Security Homeland Security $222,670 2 1

SO - ATG-3-102 Asadullah Baig ISR - Intelligence, Surveillance and Reconnaisance $76,570 1 1SO - ATG-3-103 Mike Windham ISR apps for agriculture $108,020 1SO - ATG-3-104 SkyTech Equip & Service ISR app Reseller in Thailand $3,392,520 99 1SO - ATG-3-106 SkyTech Equip & Service ISR app Reseller in Thailand $250,150 1 10SO - ATG-3-106A SkyTech Equip & Service ISR app Reseller in Thailand $1,423,000 10SO - ATG-3-106B SkyTech Equip & Service ISR app Reseller in Thailand $2,722,000 20SO - ATG-3-109 Condor Aerial Optics, LLC ISR app International Reseller $249,800 1SO - ATG-3-110 Condor Aerial Optics, LLC ISR app International Reseller $254,270 1 1SO - ATG-3-110A Condor Aerial Optics, LLC ISR app International Reseller $222,220 1SO - ATG-3-110A Condor Aertal Optics, LLC ISR app International Reseller $94,500 1SO - ATG-3-111 TLS Aviation, Inc. ISR for Puruvian Urban, Rural, and Traffic Mgt, $224,220 1SO - ATG-3-112 CTJA Unmanned Systems ISR Defense apps $74,500 1SO - ATG-3-115 Stat Oil Company Country wide Oil Field monitoring $74,500 1SO - ATG-3-115A Stat Oil Company Country wide Oil Field monitoring $108,870 1SO - ATG-3-115B Stat Oil Company Oil industry land imaging $141,220 1SO - ATG-3-121 CTJA Unmanned Systems ISR Defense apps $179,970 1SO - ATG-3-121A CTJA Unmanned Systems ISR local, state and federal government $826,850 5SO - ATG-3-122 TLS Aviation ISR local, state and federal government $176,970 1SO - ATG-3-123 CTJA Unmanned Systems ISR Defense apps $1,227,350 5SO - ATG-3-124 CTJA Unmanned Systems ISR Defense apps $1,269,250 5SO - ATG-3-124A CTJA Unmanned Systems ISR Defense apps $1,336,750 5SO - ATG-3-125 CTJA Unmanned Systems LiDAR Imaging Application $1,045,750 5SO - ATG-3-126 NoCap Commercial ISR Commercial $68,620 1SO - ATG-3-127 M.C. Roberto Vega Castillo Distributor ISR Commercial $68,620 1

Oregon Warm Springs UAS Test Site Topography

AIRSHIP ENDURANCE PIPELINEUnmanned Aerial Vehicle Pre-Sales

QUOTE / Pre-ORDER

Feb 22, 2014 www.AirShipTG.com [email protected]

Customer UAS ApplicationDevelopment Contract Cost UAV Purchase V2 Basic Core

V2 Advance Sensor

V2 Submersible

V5 Submersible

V5 Submersible Advance Sensor

AirShip V9 - In Development

AirShip V17 - In Development

AirShip VX - In Development

AirShip V30 Transport - In Development

Total UAVs

Totals: $2,355,000 $18,048,690 207 8 12 16 36 0 0 0 0 279

SO - ATG-3-100 AYEIM & YESJ EXPERT ISR app Reseller for USA and International $3,392,520 99 1

SO - ATG-3-101Homeland Security $222,670 2 1

SO - ATG-3-102 Asadullah Baig ISR - Intelligence, Surveillance and Reconnaisance $76,570 1 1SO - ATG-3-103 Mike Windham ISR apps for agriculture $108,020 1SO - ATG-3-104 SkyTech Equip & Service ISR app Reseller in Thailand $300,000 $3,392,520 99 1SO - ATG-3-106 SkyTech Equip & Service ISR app Reseller in Thailand $105,000 $250,150 1 10SO - ATG-3-106A SkyTech Equip & Service ISR app Reseller in Thailand $150,000 $1,423,000 10SO - ATG-3-106B SkyTech Equip & Service ISR app Reseller in Thailand $200,000 $2,722,000 20SO - ATG-3-109 Condor Aerial Optics, LLC ISR app International Reseller $105,000 $249,800 1SO - ATG-3-110 Condor Aerial Optics, LLC ISR app International Reseller $105,000 $254,270 1 1SO - ATG-3-110A Condor Aerial Optics, LLC ISR app International Reseller $105,000 $222,220 1SO - ATG-3-110A Condor Aertal Optics, LLC ISR app International Reseller $94,500 1SO - ATG-3-111 TLS Aviation, Inc. ISR for Puruvian Urban, Rural, and Traffic Mgt, $105,000 $224,220 1SO - ATG-3-112SO - ATG-3-115 Stat Oil Company Country wide Oil Field monitoring $45,000 $74,500 1SO - ATG-3-115A Stat Oil Company Country wide Oil Field monitoring $45,000 $108,870 1SO - ATG-3-115B Stat Oil Company Oil industry land imaging $45,000 $141,220 1SO - ATG-3-121SO - ATG-3-121ASO - ATG-3-122 TLS Aviation ISR local, state and federal government $50,000 $176,970 1SO - ATG-3-123SO - ATG-3-124SO - ATG-3-124A

QUOTE / Pre-ORDER

Feb 22, 2014 www.AirShipTG.com [email protected]

Customer UAS Application UAV Purchase V2 Basic CoreV2 Advance

SensorV2

Submersible

Totals: $2,355,000 $18,048,690 207 8 12 16 36 0 0 0 0 279

SO - ATG-3-100 AYEIM & YESJ EXPERT ISR app Reseller for USA and International $3,392,520 99 1

SO - ATG-3-101Homeland Security $222,670 2 1

SO - ATG-3-102 Asadullah Baig ISR - Intelligence, Surveillance and Reconnaisance $76,570 1 1SO - ATG-3-103 Mike Windham ISR apps for agriculture $108,020 1SO - ATG-3-104 SkyTech Equip & Service ISR app Reseller in Thailand $300,000 $3,392,520 99 1SO - ATG-3-106 SkyTech Equip & Service ISR app Reseller in Thailand $105,000 $250,150 1 10SO - ATG-3-106A SkyTech Equip & Service ISR app Reseller in Thailand $150,000 $1,423,000 10SO - ATG-3-106B SkyTech Equip & Service ISR app Reseller in Thailand $200,000 $2,722,000 20SO - ATG-3-109 Condor Aerial Optics, LLC ISR app International Reseller $105,000 $249,800 1SO - ATG-3-110 Condor Aerial Optics, LLC ISR app International Reseller $105,000 $254,270 1 1SO - ATG-3-110A Condor Aerial Optics, LLC ISR app International Reseller $105,000 $222,220 1SO - ATG-3-110A Condor Aertal Optics, LLC ISR app International Reseller $94,500 1SO - ATG-3-111 TLS Aviation, Inc. ISR for Puruvian Urban, Rural, and Traffic Mgt, $105,000 $224,220 1SO - ATG-3-112SO - ATG-3-115 Stat Oil Company Country wide Oil Field monitoring $45,000 $74,500 1SO - ATG-3-115A Stat Oil Company Country wide Oil Field monitoring $45,000 $108,870 1SO - ATG-3-115B Stat Oil Company Oil industry land imaging $45,000 $141,220 1SO - ATG-3-121SO - ATG-3-121ASO - ATG-3-122 TLS Aviation ISR local, state and federal government $50,000 $176,970 1SO - ATG-3-123SO - ATG-3-124SO - ATG-3-124A

QUOTE / Pre-ORDER

Feb 22, 2014 www.AirShipTG.com [email protected]

Customer UAS Application UAV Purchase V2 Basic CoreV2 Advance

SensorV2

Submersible

Totals: $2,355,000 $18,048,690 207 8 12 16 36 0 0 0 0 279

SO - ATG-3-100 AYEIM & YESJ EXPERT ISR app Reseller for USA and International $3,392,520 99 1

SO - ATG-3-101Homeland Security $222,670 2 1

SO - ATG-3-102 Asadullah Baig ISR - Intelligence, Surveillance and Reconnaisance $76,570 1 1SO - ATG-3-103 Mike Windham ISR apps for agriculture $108,020 1SO - ATG-3-104 SkyTech Equip & Service ISR app Reseller in Thailand $300,000 $3,392,520 99 1SO - ATG-3-106 SkyTech Equip & Service ISR app Reseller in Thailand $105,000 $250,150 1 10SO - ATG-3-106A SkyTech Equip & Service ISR app Reseller in Thailand $150,000 $1,423,000 10SO - ATG-3-106B SkyTech Equip & Service ISR app Reseller in Thailand $200,000 $2,722,000 20SO - ATG-3-109 Condor Aerial Optics, LLC ISR app International Reseller $105,000 $249,800 1SO - ATG-3-110 Condor Aerial Optics, LLC ISR app International Reseller $105,000 $254,270 1 1SO - ATG-3-110A Condor Aerial Optics, LLC ISR app International Reseller $105,000 $222,220 1SO - ATG-3-110A Condor Aertal Optics, LLC ISR app International Reseller $94,500 1SO - ATG-3-111 TLS Aviation, Inc. ISR for Puruvian Urban, Rural, and Traffic Mgt, $105,000 $224,220 1SO - ATG-3-112SO - ATG-3-115 Stat Oil Company Country wide Oil Field monitoring $45,000 $74,500 1SO - ATG-3-115A Stat Oil Company Country wide Oil Field monitoring $45,000 $108,870 1SO - ATG-3-115B Stat Oil Company Oil industry land imaging $45,000 $141,220 1SO - ATG-3-121SO - ATG-3-121ASO - ATG-3-122 TLS Aviation ISR local, state and federal government $50,000 $176,970 1SO - ATG-3-123SO - ATG-3-124SO - ATG-3-124A

QUOTE / Pre-ORDER

Feb 22, 2014 www.AirShipTG.com [email protected]

Customer UAS Application UAV Purchase V2 Basic CoreV2

Submersible

V5 Submersible

V5 Submersible Advance Sensor

Totals: $2,355,000 $18,048,690 207 8 12 16 36 0 0 0 0 279

SO - ATG-3-100 AYEIM & YESJ EXPERT ISR app Reseller for USA and International $3,392,520 99 1

SO - ATG-3-101Homeland Security $222,670 2 1

SO - ATG-3-102 Asadullah Baig ISR - Intelligence, Surveillance and Reconnaisance $76,570 1 1SO - ATG-3-103 Mike Windham ISR apps for agriculture $108,020 1SO - ATG-3-104 SkyTech Equip & Service ISR app Reseller in Thailand $300,000 $3,392,520 99 1SO - ATG-3-106 SkyTech Equip & Service ISR app Reseller in Thailand $105,000 $250,150 1 10SO - ATG-3-106A SkyTech Equip & Service ISR app Reseller in Thailand $150,000 $1,423,000 10SO - ATG-3-106B SkyTech Equip & Service ISR app Reseller in Thailand $200,000 $2,722,000 20SO - ATG-3-109 Condor Aerial Optics, LLC ISR app International Reseller $105,000 $249,800 1SO - ATG-3-110 Condor Aerial Optics, LLC ISR app International Reseller $105,000 $254,270 1 1SO - ATG-3-110A Condor Aerial Optics, LLC ISR app International Reseller $105,000 $222,220 1SO - ATG-3-110A Condor Aertal Optics, LLC ISR app International Reseller $94,500 1SO - ATG-3-111 TLS Aviation, Inc. ISR for Puruvian Urban, Rural, and Traffic Mgt, $105,000 $224,220 1SO - ATG-3-112SO - ATG-3-115 Stat Oil Company Country wide Oil Field monitoring $45,000 $74,500 1SO - ATG-3-115A Stat Oil Company Country wide Oil Field monitoring $45,000 $108,870 1SO - ATG-3-115B Stat Oil Company Oil industry land imaging $45,000 $141,220 1SO - ATG-3-121SO - ATG-3-121ASO - ATG-3-122 TLS Aviation ISR local, state and federal government $50,000 $176,970 1SO - ATG-3-123SO - ATG-3-124SO - ATG-3-124A

QUOTE / Pre-ORDER

Feb 22, 2014 www.AirShipTG.com [email protected]

Customer UAS Application UAV Purchase V2 Basic CoreV2

Submersible

V5 Submersible

V5 Submersible Advance Sensor

Totals: $2,355,000 $18,048,690 207 8 12 16 36 0 0 0 0 279

SO - ATG-3-100 AYEIM & YESJ EXPERT ISR app Reseller for USA and International $3,392,520 99 1

SO - ATG-3-101Homeland Security $222,670 2 1

SO - ATG-3-102 Asadullah Baig ISR - Intelligence, Surveillance and Reconnaisance $76,570 1 1SO - ATG-3-103 Mike Windham ISR apps for agriculture $108,020 1SO - ATG-3-104 SkyTech Equip & Service ISR app Reseller in Thailand $300,000 $3,392,520 99 1SO - ATG-3-106 SkyTech Equip & Service ISR app Reseller in Thailand $105,000 $250,150 1 10SO - ATG-3-106A SkyTech Equip & Service ISR app Reseller in Thailand $150,000 $1,423,000 10SO - ATG-3-106B SkyTech Equip & Service ISR app Reseller in Thailand $200,000 $2,722,000 20SO - ATG-3-109 Condor Aerial Optics, LLC ISR app International Reseller $105,000 $249,800 1SO - ATG-3-110 Condor Aerial Optics, LLC ISR app International Reseller $105,000 $254,270 1 1SO - ATG-3-110A Condor Aerial Optics, LLC ISR app International Reseller $105,000 $222,220 1SO - ATG-3-110A Condor Aertal Optics, LLC ISR app International Reseller $94,500 1SO - ATG-3-111 TLS Aviation, Inc. ISR for Puruvian Urban, Rural, and Traffic Mgt, $105,000 $224,220 1SO - ATG-3-112SO - ATG-3-115 Stat Oil Company Country wide Oil Field monitoring $45,000 $74,500 1SO - ATG-3-115A Stat Oil Company Country wide Oil Field monitoring $45,000 $108,870 1SO - ATG-3-115B Stat Oil Company Oil industry land imaging $45,000 $141,220 1SO - ATG-3-121SO - ATG-3-121ASO - ATG-3-122 TLS Aviation ISR local, state and federal government $50,000 $176,970 1SO - ATG-3-123SO - ATG-3-124SO - ATG-3-124A

QUOTE / Pre-ORDER

Feb 22, 2014 www.AirShipTG.com [email protected]

Customer UAS Application UAV Purchase V2 Basic CoreAirShip V9 -

In Development

Totals: $2,355,000 $18,048,690 207 8 12 16 36 0 0 0 0 279

SO - ATG-3-100 AYEIM & YESJ EXPERT ISR app Reseller for USA and International $3,392,520 99 1

SO - ATG-3-101Homeland Security $222,670 2 1

SO - ATG-3-102 Asadullah Baig ISR - Intelligence, Surveillance and Reconnaisance $76,570 1 1SO - ATG-3-103 Mike Windham ISR apps for agriculture $108,020 1SO - ATG-3-104 SkyTech Equip & Service ISR app Reseller in Thailand $300,000 $3,392,520 99 1SO - ATG-3-106 SkyTech Equip & Service ISR app Reseller in Thailand $105,000 $250,150 1 10SO - ATG-3-106A SkyTech Equip & Service ISR app Reseller in Thailand $150,000 $1,423,000 10SO - ATG-3-106B SkyTech Equip & Service ISR app Reseller in Thailand $200,000 $2,722,000 20SO - ATG-3-109 Condor Aerial Optics, LLC ISR app International Reseller $105,000 $249,800 1SO - ATG-3-110 Condor Aerial Optics, LLC ISR app International Reseller $105,000 $254,270 1 1SO - ATG-3-110A Condor Aerial Optics, LLC ISR app International Reseller $105,000 $222,220 1SO - ATG-3-110A Condor Aertal Optics, LLC ISR app International Reseller $94,500 1SO - ATG-3-111 TLS Aviation, Inc. ISR for Puruvian Urban, Rural, and Traffic Mgt, $105,000 $224,220 1SO - ATG-3-112SO - ATG-3-115 Stat Oil Company Country wide Oil Field monitoring $45,000 $74,500 1SO - ATG-3-115A Stat Oil Company Country wide Oil Field monitoring $45,000 $108,870 1SO - ATG-3-115B Stat Oil Company Oil industry land imaging $45,000 $141,220 1SO - ATG-3-121SO - ATG-3-121ASO - ATG-3-122 TLS Aviation ISR local, state and federal government $50,000 $176,970 1SO - ATG-3-123SO - ATG-3-124SO - ATG-3-124A

QUOTE / Pre-ORDER

Feb 22, 2014 www.AirShipTG.com [email protected]

Customer UAS Application UAV Purchase V2 Basic CoreAirShip V9 -

In DevelopmentAirShip V17 -

In DevelopmentAirShip VX -

In Development

Totals: $2,355,000 $18,048,690 207 8 12 16 36 0 0 0 0 279

SO - ATG-3-100 AYEIM & YESJ EXPERT ISR app Reseller for USA and International $3,392,520 99 1

SO - ATG-3-101Homeland Security $222,670 2 1

SO - ATG-3-102 Asadullah Baig ISR - Intelligence, Surveillance and Reconnaisance $76,570 1 1SO - ATG-3-103 Mike Windham ISR apps for agriculture $108,020 1SO - ATG-3-104 SkyTech Equip & Service ISR app Reseller in Thailand $300,000 $3,392,520 99 1SO - ATG-3-106 SkyTech Equip & Service ISR app Reseller in Thailand $105,000 $250,150 1 10SO - ATG-3-106A SkyTech Equip & Service ISR app Reseller in Thailand $150,000 $1,423,000 10SO - ATG-3-106B SkyTech Equip & Service ISR app Reseller in Thailand $200,000 $2,722,000 20SO - ATG-3-109 Condor Aerial Optics, LLC ISR app International Reseller $105,000 $249,800 1SO - ATG-3-110 Condor Aerial Optics, LLC ISR app International Reseller $105,000 $254,270 1 1SO - ATG-3-110A Condor Aerial Optics, LLC ISR app International Reseller $105,000 $222,220 1SO - ATG-3-110A Condor Aertal Optics, LLC ISR app International Reseller $94,500 1SO - ATG-3-111 TLS Aviation, Inc. ISR for Puruvian Urban, Rural, and Traffic Mgt, $105,000 $224,220 1SO - ATG-3-112SO - ATG-3-115 Stat Oil Company Country wide Oil Field monitoring $45,000 $74,500 1SO - ATG-3-115A Stat Oil Company Country wide Oil Field monitoring $45,000 $108,870 1SO - ATG-3-115B Stat Oil Company Oil industry land imaging $45,000 $141,220 1SO - ATG-3-121SO - ATG-3-121ASO - ATG-3-122 TLS Aviation ISR local, state and federal government $50,000 $176,970 1SO - ATG-3-123SO - ATG-3-124SO - ATG-3-124A

QUOTE / Pre-ORDER

Feb 22, 2014 www.AirShipTG.com [email protected]

Customer UAS Application UAV Purchase V2 Basic CoreV2 Advance

SensorV2

Submersible

Totals: $2,355,000 $18,048,690 207 8 12 16 36 0 0 0 0 279

SO - ATG-3-100 AYEIM & YESJ EXPERT ISR app Reseller for USA and International $3,392,520 99 1

SO - ATG-3-101Homeland Security $222,670 2 1

SO - ATG-3-102 Asadullah Baig ISR - Intelligence, Surveillance and Reconnaisance $76,570 1 1SO - ATG-3-103 Mike Windham ISR apps for agriculture $108,020 1SO - ATG-3-104 SkyTech Equip & Service ISR app Reseller in Thailand $300,000 $3,392,520 99 1SO - ATG-3-106 SkyTech Equip & Service ISR app Reseller in Thailand $105,000 $250,150 1 10SO - ATG-3-106A SkyTech Equip & Service ISR app Reseller in Thailand $150,000 $1,423,000 10SO - ATG-3-106B SkyTech Equip & Service ISR app Reseller in Thailand $200,000 $2,722,000 20SO - ATG-3-109 Condor Aerial Optics, LLC ISR app International Reseller $105,000 $249,800 1SO - ATG-3-110 Condor Aerial Optics, LLC ISR app International Reseller $105,000 $254,270 1 1SO - ATG-3-110A Condor Aerial Optics, LLC ISR app International Reseller $105,000 $222,220 1SO - ATG-3-110A Condor Aertal Optics, LLC ISR app International Reseller $94,500 1SO - ATG-3-111 TLS Aviation, Inc. ISR for Puruvian Urban, Rural, and Traffic Mgt, $105,000 $224,220 1SO - ATG-3-112SO - ATG-3-115 Stat Oil Company Country wide Oil Field monitoring $45,000 $74,500 1SO - ATG-3-115A Stat Oil Company Country wide Oil Field monitoring $45,000 $108,870 1SO - ATG-3-115B Stat Oil Company Oil industry land imaging $45,000 $141,220 1SO - ATG-3-121SO - ATG-3-121ASO - ATG-3-122 TLS Aviation ISR local, state and federal government $50,000 $176,970 1SO - ATG-3-123SO - ATG-3-124SO - ATG-3-124A

QUOTE / Pre-ORDER

Feb 22, 2014 www.AirShipTG.com [email protected]

Customer UAS Application UAV Purchase V2 Basic CoreAirShip VX -

In Development

AirShip V30 Transport - In Development

Totals: $2,355,000 $18,048,690 207 8 12 16 36 0 0 0 0 279

SO - ATG-3-100 AYEIM & YESJ EXPERT ISR app Reseller for USA and International $3,392,520 99 1

SO - ATG-3-101Homeland Security $222,670 2 1

SO - ATG-3-102 Asadullah Baig ISR - Intelligence, Surveillance and Reconnaisance $76,570 1 1SO - ATG-3-103 Mike Windham ISR apps for agriculture $108,020 1SO - ATG-3-104 SkyTech Equip & Service ISR app Reseller in Thailand $300,000 $3,392,520 99 1SO - ATG-3-106 SkyTech Equip & Service ISR app Reseller in Thailand $105,000 $250,150 1 10SO - ATG-3-106A SkyTech Equip & Service ISR app Reseller in Thailand $150,000 $1,423,000 10SO - ATG-3-106B SkyTech Equip & Service ISR app Reseller in Thailand $200,000 $2,722,000 20SO - ATG-3-109 Condor Aerial Optics, LLC ISR app International Reseller $105,000 $249,800 1SO - ATG-3-110 Condor Aerial Optics, LLC ISR app International Reseller $105,000 $254,270 1 1SO - ATG-3-110A Condor Aerial Optics, LLC ISR app International Reseller $105,000 $222,220 1SO - ATG-3-110A Condor Aertal Optics, LLC ISR app International Reseller $94,500 1SO - ATG-3-111 TLS Aviation, Inc. ISR for Puruvian Urban, Rural, and Traffic Mgt, $105,000 $224,220 1SO - ATG-3-112SO - ATG-3-115 Stat Oil Company Country wide Oil Field monitoring $45,000 $74,500 1SO - ATG-3-115A Stat Oil Company Country wide Oil Field monitoring $45,000 $108,870 1SO - ATG-3-115B Stat Oil Company Oil industry land imaging $45,000 $141,220 1SO - ATG-3-121SO - ATG-3-121ASO - ATG-3-122 TLS Aviation ISR local, state and federal government $50,000 $176,970 1SO - ATG-3-123SO - ATG-3-124SO - ATG-3-124A

AIRSHIP PROPRIETARY

Page 39: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 39

AIRSHIP USE CASESAgri-Business and border patrol1st Responder search and rescueLong flight endurance

AIRSHIP PROPRIETARY

Page 40: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 40AirShipTG Confidential and Proprietary Information

AirShip flys patterns or hovers

AirScape Tracks Single Moving Objects

AirScape Tracks Multiple Moving Objects

AirScape Uses Image Enhancement

AirScape Locates Using Forward Looking Infrared

Page 41: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 41AIRSHIP PROPRIETARY

Proposed Chilean Coast and Border Patrol in Figure-8 Patterns for ISR (Intelligence, Surveillance and

Reconnaissance)

The AirShip V5 “Flying Ray” aircraft are vertical takeoff and landing (VTOL) unmanned aerial vehicles (UAV). The V5’s core capability is to carry a 15 pound payload of integrated 360-degree continuous turret-based Electro-Optical/Infrared & Laser Illuminator (EO/IR, and LI) sensors for still and video imaging.

Page 42: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 42

Search & Rescue take off and land from waterAIRSCAPE

Page 43: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 43AirShipTG Confidential and Proprietary Information

Long Flight Endurance with clean tech solar film

Page 44: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 44AirShipTG Confidential and Proprietary Information

Altitude flights to 15,000 feet with autonomous deployment

Page 45: AirShipTG Summary -Gan Briefing 011115

45AirShipTG Confidential and Proprietary Information

AirShip Technologies Group

AirShip Flying Ray V2 VTOL UAVAirShip Flying Ray V2 VTOL UAVhttp://www.youtube.com/watch?v=kOOJ86VR_G0

AirScape Services Computer Aided Design Ducted Fan Fuselage Rotatable Ducted Fan Lateral Air Accelerator Integrated Air Accelerator Duct-Based Rudders Center of Gravity Four AirShip Designs Carbon Fiber Manufacturing

Page 46: AirShipTG Summary -Gan Briefing 011115

46AirShipTG Confidential and Proprietary Information

46

Manufacturing: AirShip Endurance | “Flying Ray”

Page 47: AirShipTG Summary -Gan Briefing 011115

47AirShipTG Confidential and Proprietary Information

47

AirShip Production

3-D Printed Fuselage and

Airframe Carbon Fiber Mold

Page 48: AirShipTG Summary -Gan Briefing 011115

48AirShipTG Confidential and Proprietary Information

48

Left Fixed Lateral Ducted Fan with High Pressure Nozzle

Right Fixed Lateral Ducted Fan with High Pressure Nozzle

Aft Swivel Ducted Fan with High Pressure

Nozzle

Aerial Regenerative Electric Propulsion

Page 49: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 49AIRSHIP PROPRIETARY

ABOUT US• We design and manufacture “clean tech” unmanned

aerial vehicles (UAVs/Drones) for Emergency 1st Responders and Defense markets.

• Submersible and long flight endurance UAVs to conduct intelligence, surveillance and reconnaissance (ISR).

WE SOLVE THESE CUSTOMER PROBLEMS• Endurance: Current product for aerial ISR is delivered

by unmanned aerial vehicles that stay in flight 45 minutes to 4 hours and are powered by carbon producing combustible fuel or solely batteries.

• Pollution Free and Low Cost: Fuel pollutes and costs money, weighs down aircraft (UAVs), and many of these aircraft require runways or launchers..

Page 50: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 50AIRSHIP PROPRIETARY

PRODUCTS and SERVICES

• AirShip "Flying Ray" is a vertical takeoff and landing unmanned aerial vehicle (UAV) using solar film & ducted fan regenerative electric drive to recharge electric storage for 5-days flight duration.

• Flying Ray uses a game-changing disruptive propulsion that eliminates the carbon footprint and supports the 75 AirScape UAV mobile apps.

• AirShip Endurance Versions

V1 Mini –Tactical, Group 1 Multi-use, UAV supports defense, civil and commercial applications for urban, rural, mountains, caves & underwater.

V2 Small-Tactical, Group 2 Multi-use, UAV supports defense, civil and commercial applications for urban, rural, mountains, and underwater.

V5 Small-Tactical, Group 2 Multi-use, UAV can be configured as a “submersible” with an attachable pump-based ballast tank capable of launch, recovery, and re-launch from a submerged vessel, ship or land.

Page 51: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 51AIRSHIP PROPRIETARY

AirShip V9 Flying Ray

Page 52: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 52AIRSHIP PROPRIETARY

MARKETING STRATEGY

• International. UAV aircraft purchases come from USA domestic and international customer sales, parts distribution/maintenance, customer training & certification.

• UAV Subscription Services. Sales grow with annual AirScape online mobile subscription services for just-in-time aerial imaging and sensor enabled applications.

• Diverse Customer Market. Marketing is done with 1st Responders, Agribusiness and Defense, both domestically and internationally.

• Pre-Orders and Production Start. To date, we have 292 pre-orders of V2 and V5 UAVs, with production scheduled for Q1 2015.

Page 53: AirShipTG Summary -Gan Briefing 011115

53

CTJA - Unmanned Systems Engineering

AirShip Endurance V2 VTOL

UUV-to-UAV

Unified Carbon Fiber Airframe

Folding Low Aspect Wings

Three Turbine Vertical Takeoff

and Landing (VTOL)

Solar Turbine Integrated

Compressed Air Propulsion

Stealth

Acoustics and Flight

Solar Film to Rechargeable Ultra-Capacitor 30 to 90 Days Flight

Endurance

Underwater Unmanned Vehicle and Unmanned Aerial Vehicle

Rear Turbine Forward Flight

Center of Gravity

Unified Construction

Automatic Detect and Avoid Biomimetic Visual Sensor and

Control System

AirShip V2 VTOL UAV in Flight 12AirShip Technologies Group

AirShipEndurance

V2 VTOL UAV

Handheld and Back Packable

Integrated Air Accelerator

Quiet Propulsion

• The V1, V2 and V5 are designed as an autonomous ruggedized ducted fan-configured UUV-to-UAV (underwater unmanned vehicle to unmanned aerial vehicle) that is ready for brutal operational salt water and terrain environments with components protected to stand up in harsh climate conditions.

• Those components include the V1/V2/V5’s fuselage/airframe, critical dynamic communications, ISR camera sensors, very low frequency (VLF)-guided landing components, and critical flight systems. The V1/V2/V5’s brushless, electric rotors and ducted fan assemblies use advanced power plants, specifically designed for present and future relevant missions.

• Emphasis has been placed on excess power available at high gross weight/medium density altitude, reliability, and reduced electricity consumption management. High performance from the AirShip’s solar turbine, aerial regenerative drive, energy storage power train and ducted fans set the design criteria.

• The design goal was to architect and design the right power train and propulsion systems first and then develop the V1/V2/V5 VTOL around it, as is done with tactical aircraft creation.

AirShip Endurance V1/V2/V5

Solar Film to Rechargeable Ultra-Capacitor 5-Days Flight

Endurance

Page 54: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 54AIRSHIP PROPRIETARY

COMPETITIVE ADVANTAGE

• Long Flight Endurance. Competitive advantage is its unmanned aerial vehicle clean tech propulsion with flight endurance of 5-days.

• Clean Tech Propulsion. Eliminates fuel costs & combustible fuel.

• Stealth Acoustics. Quiet running due to solar turbine & ducted fans.

• Submersible UAV. Operates aerially and underwater as a submersible UAV with vertical takeoff and landing (VTOL).

• We own the patent pending. AirShip Endurance VTOL UAV and Solar Turbine Clean Tech Propulsion (US PATENT #13/650,508, 10/12/12): Patent publication site 

Page 55: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 55AIRSHIP PROPRIETARY

WHAT WE NEED

• Funding Amount. One $1.5 to $5 million option for 10% to 15% AIRSHIP equity, respectively.

• Timing. Seed fund is open through Q1 2015.

• Plan of Action: Production of V1, V2, and V5 is scheduled for Q1 2015.

• AirShip Technologies Group, Inc. Overview: https://gust.com/companies/airship_technologies_group

Page 56: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 56AIRSHIP PROPRIETARY

2

3

1Main Building 3500

Outer flight test buildings (1-3) are included behind the main building on a total of 8.1 acres

Evergreen Aviation Campus

Open SpaceRear

Parking

Proposed AirShip Production Site McMinnville, Oregon, USA

AirShip Technologies Group Headquarters Evergreen Aerospace Campus, Building 3500

Production UAVs V1-V2-V5-VX-V9-V17-V30

Land Area 8.1 Acres

Total square feet 25,400 RSF

Office square feet 1st Floor: 5,710 RSF | 2nd Floor: 4,690 RSF

Hangar/Warehouse square feet

15,000 RSF (Manufacturing)

Doors (Count = 8) Size (approximate) 19' 9" W x 16' H (x8)

Page 57: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 57AIRSHIP PROPRIETARY

V1 V2 V5 V5

Offices(2 mirror floors) AirShip Manufacturing and Production

Finished Products

(Loft)

Finished Products

(Loft)

Page 58: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 58AIRSHIP PROPRIETARY

EXIT STRATEGY

• ACQUISITION–Prospective buyers

• USA Domestic and international aircraft UAV companies • NW regional ownership potentially by Boeing or subsidiary,

Insitu Inc.

• NON-ACQUISITION–Grow AirShip brand and products

• Saturate AirShip VTOL UAVs by low cost, high functionality, and diversification first with small UAVs of V1, V2 and V5 and secondly with large UAVs of V9, V17 and V30.

• Expand AirShip VTOL UAVs through USA domestic and international sales (Asia, EU, Middle-East, Central and South America.)

–Merger and acquisition

Page 59: AirShipTG Summary -Gan Briefing 011115

AIRSHIP PROPRIETARY

AirShip Technologies Group, Inc. - www.AirShipTG.com

Mission. We design and manufacture clean tech unmanned aerial systems (autonomous submersible UAVs) for Emergency 1st Responders and Defense markets.

Profile. Solar Turbine AirShip Endurance VTOL Unmanned Aerial Vehicles (UAVs) that provide clean tech persistent flight endurance UAVs for the AirScape mobile application of ISR (intelligence, surveillance, and reconnaissance). These 1st Responder services are for customers such as defense, law enforcement, fire departments, search and rescue, Depts. of Transportation, Public Health, and the news media.

Partners.

AIRSHIP TEAM

REAL CARBON

CTJA - Unmanned Systems Engineering

Page 60: AirShipTG Summary -Gan Briefing 011115

AirShip Technologies Group 60AIRSHIP CONFIDENTIAL

Value Proposition

Contact: Ben Berry, CEOAirShip Technologies Group, Inc.

[email protected]

18522 Anduin TerraceLake Oswego, Oregon U.S.A.

503 320-1175

There’s a familiar pattern in Reinvention: Rethinking answers to problems lead to a new technology coming along to fill a long-standing need. But as it becomes widely implemented, questions arise over how best to use it and how it may affect the rest of the World!

Ben Berry, CEO AirShip Technologies Group

Inc

Mission Relevant

Fly-by-Wire Drive-by-Wire

Capital Investment

Unlock VTOL Air-to-Ground

Innovation

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AIRSHIP TECHNOLOGIES GROUP