Aurora Flight Sciences

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Aurora Flight Sciences

• Kenneth Sunshine
• Chief Financial Officer

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Overview of Aurora

• Est. 2003 Revenues - 18M
• 160 Employees
• Core competencies
• UAV Design Development
• Manufacturing
• Fault-tolerant Controls
• Business Areas
• Contract Manufacturing
• Broad Area Surveillance Systems
• Local Area Surveillance Systems
• Civil Scientific Systems
• Tactical Systems
• Key Customers

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Global Hawk

• US next-generation strategic reconnaissance
  platform
• Aurora joined team in 1995
• Aurora builds V-tails, aft fuselage, and fuselage
  composites
• Aurora also build full-scale mockups
• Production schedule
• FY02 2 A/V
• FY03 6 A/V
• Firm options total 92 units
• 138M backlog

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Local Area Surveillance

• A unique small UAV with the capability to take
  off and land vertically yet cover long distances
  at relatively high speeds
• Optimized for low detectability (developed under
  DARPA Clandestine UAV program)
• Capable of fully autonomous operation
• Designed for payload flexibility
• Dispense small packages from belly-mounted
  payload pay
• Carry EO/IR turret
• Uses same engine as Army Shadow Tactical UAV
• Heavy fuel capable

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Civil and Scientific

• Aurora has pursued planetary aircraft designs
  since 1985
• Discovery workshop (1992)
• JPL Jason studies (1993-96)
• OSC Mars 2003 (1999)
• APL Mars Eagle (2001)

• We are currently the airframe provider for the
  NASA Langley Mars Scout proposal team

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Broad Area Surveillance

• Under NASA sponsorship, Aurora has developed a
  series of affordable HAE UAVs

• Current objective is to launch a production
  program to fill the gap between Predator and
  Global Hawk

Perseus A Ultra high altitude
Perseus POC Technology testbed
Theseus Prototype High altitude endurance
Perseus B High altitude endurance
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Tactical

• Aurora has worked with Raytheon, AAI, and TRW on
  a variety of tactical-class UAV projects

• We are currently developing our own Tactical
  UCAV concept

Raytheon UCAV Demonstrator (1999)
Raytheon Loiter Attack Missile (2002)
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Historical and Projected Revenue (M)
SBIRs have played an important role in fueling
Auroras growth
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SBIR Track Record

• Applied for 126 SBIRs over the last 12 years
• Awarded 31 Phase I and Phase II
• Approximately 6.5M in total funding
• SBIR work has played an important role in most of
  Auroras technology development activities

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A Successful SBIR GoldenEye (CUAV)

• 100K Phase I study
• Autonomous, covert package
• placement
• Fast Track Phase II
• 750K from DARPA
• 750K from Aurora
• Completed earlier this year
• GoldenEye is now the centerpiece of a 15M
  financing
• Take the product into full production
• Commercial and government markets