The document discusses Incubit, a new technology incubator in Beer-Sheva, Israel launched by Elbit Systems to support open innovation. Elbit Systems is a major Israeli defense company seeking external innovation to stay competitive. Incubit will fund and support early-stage startups through infrastructure, expertise, and potential strategic partnerships with Elbit Systems. The incubator aims to foster innovative, agile startups working in technologies that could benefit Elbit Systems and migrate across industries.

2. Open Innovation and opportunities at
Incubit
Outline:
A bit about Elbit
Open vs. innovation - and why they go together
Incubit – Elbit’s new Technology Incubator in Beer-Sheva
Ran Bar-Selle, CEO
Ran.Bar-Sella@Incubit.co.il
2 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary

3. Company presentation
Elbit Systems
NASDAQ: ESLT | www.elbitstystems.com
3 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary

4. Elbit Systems’ Vision
To be a world leading source of innovative, technology-based
systems for diverse defense and commercial
applications.
At a Glance
Israeli Based, Multi-Domestic Defense Company
largest privately held defense company in Israel.
Among the top 35 largest defense companies in the world
4 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary

5. Business and Technology Areas
Homeland Security
Systems
EW & Countermeasures
Systems
Defense & Commercial
Airborne Systems &
Data Link & Radio
Communication
Cyber
Unmanned Vehicle
Systems
C4I Systems – DAP
& Combat Vehicles
Simulation
Naval
Systems
ISR & Electro‐optic
Systems
>> Services & Support <<
5 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary

6. A Multi Domestic Company
Netherlands Germany Austria Hungary
Macedonia
Office
U.S. Chile
Brazil Israel India Korea Australia
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Romania
Canada
Belgium
Subsidiary
U.K.

7. Company Sites Throughout Israel
Haifa
Company
Headquarters
Aerospace
UAS
Tel-Hai
Land and C4I
Karmiel
Aerospace Operations
Cyclone
Opgal
SCD
Yokneam
Land and C4I
Netanya
Land and C4I
Holon
Land and C4I
EW & SIGINT
Ashdod
Training & Simulation
Rosh Ha'ain
Training & Simulation
Tel Aviv
Marketing Office
Rehovot
Electro-optics
UAS
Beer Sheba
Flight Academy
Arad
Land and C4I
Sderot
Security Systems
Airport City
Kinetics
9,500 – Company Employees
7,000 - Subcontractors
Jerusalem
Sderot
Arad
Beer
Sheba
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Tel-Hai
Haifa Karmiel
Yokneam
Netanya
Rosh
Ha'ain
Tel-Aviv
Holon
Rehovot
Ben Gureion
Airport
Ashdo
d
Eilat

8. Financial Highlights 2012
8 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary
M
Growth In Firm Backlog Growth In Revenues
M
Investment in R&D

9. Elbit heritage of innovation
Large scale, Integrated
System-of-Systems solutions
9 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary

10. Elbit heritage of innovation
Large scale, Integrated
System-of-Systems solutions
Based on innovative building blocks
10 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary

11. Digital battlefield
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12. ELBIT SYSTEMS UAS
12 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary
12
Elbit Systems delivers
85% of the
Israeli Air Force
UAS Fleet
And 100%of the
Israeli Ground Forces
UAS

13. Cyber Solutions
13 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary

14. Music – Fiber Laser DIRCM
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15. So.. why do we need you?
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16. So.. why do we need you?
Times have Changed
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17. Technology Migration
Technology used to migrate from defense to consumer
Motorola Mobile Phone
17 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary

18. Technology Migration
Technology used to migrate from defense to consumer
Corning Glass Teflon GPS
18 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary

19. Technology Migration
Now it is migrating from consumer to defense
Broadband cellular chip
19 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary

20. Technology Migration
Now it is migrating from civilian to military
Cyber Cellular
Video Compression Networking
20 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary

21. Technology Migration
Now it is migrating from civilian to military
Cyber Cellular
Video Compression Networking
A need to look outside
21 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary

22. Spirit
Do you know this guy?
22 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary

23. Spirit
Samuel Pierpont Langley 1834 –1906
23 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary

24. Spirit
Education
Networking
Funding
Team
PR
Samuel Pierpont Langley 1834 –1906
24 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary

25. Spirit
Education
Networking
Funding
Team
PR
Samuel Pierpont Langley 1834 –1906
Why don’t we
know him then?
25 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary

26. Spirit
Wright Brothers
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27. Spirit
They got there first
NO Higher Education
NO Networking
NO External Funding
NO PR
Wright Brothers
27 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary

28. Spirit
They got there first
Innovative
Motivated
Committed team
Agile
Wright Brothers
28 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary

29. Spirit
They got there first
Innovative
Motivated
Committed team
Agile
Wright Brothers
Innovation require these qualities
29 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary

30. Innovation used to be a key to success
Now it’s a key for survival
30 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary

31. Innovation used to be a key to success
Now it’s a key for survival
Big organizations need to look outside
That’s Open Innovation
31 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary

32. Innovation used to be a key to success
Now it’s a key for survival
Big organizations need to look outside
That’s Open Innovation
Incubit was born as part of Elbit’s Innovation strategy
32 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary

33. The new Technology Incubator
of Beer-Sheva

34. An Incubator?
OCS program and regulation
Focus: early stage startups
Risk sharing in the investment
34 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary

35. How does it work?
Tell us about your idea
Due Diligence
Team | Technology | Market | Synergy
Investment Committee
OCS committee
Start working - 2 Years!
Series A round
35 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary

36. What are we looking for?
36 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary

37. Team | Technology | Barrier | Synergy
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38. What do you get?
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39. Funding | Partnership | Infrastructure
39 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary

40. Funding
Pre-seed
$700K for 30-50% equity
2 Years
40 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary

41. Infrastructure
Administration
Office Space
Bis-dev support
41 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary

42. Infrastructure
Administration
Office Space
Bis-dev support
Facilities and labs
Technology experts support
R&D risk management
Cash flow bridging
Zero management fees
42 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary

43. Partnership – Your Venture partners
Networking
Mentoring
Future investment
Strategic partnership
Technology Synergy and licensing
43 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary

44. Incubit and Israel BrainGain
Remote Due-Diligence process
Isreal BrainGain support
City of Beer-Sheva relocation office
44 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary

45. Try us.
45 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary

46. Ran Bar-Sella Idan Katz
CEO VP BD
Ran.Bar-Sella@incubit.co.il Idan.Katz@incubit.co.il
+972-54-999-5611 +972-54-690-0812
46 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary