TRANSFORMING GLOBAL

COMMUNICATIONS

October 2021
Founders With $Billion Business Know-How
Seasoned and successful industry leaders who have taken companies to IPO

Walter Anderson David Chambers

Co-founder and CEO Co-founder and CTO

▪ 25+ years’ experience creating fast growing, successful ▪ 20+ years’ experience in the satellite and
telecommunications companies telecommunications industry

▪ A serial entrepreneur, Walt has generated over $2 billion in ▪ Worked in business development and techno-economic
shareholder value roles at satellite operators Teledesic and Inmarsat

– Founded Esprit Telecom, the first pan-European ▪ Experience in the advanced polymer and composite
telecommunications operator, IPO’d and acquired for materials industries
$1 billion

– Founded Telco Communication Group, Inc., which

IPO’d in 1997 and was purchased by Excel for $1
billion

Proprietary & Confidential 2

The World is Demanding
More Connectivity Than Ever

GEO and LEO satellites are

too expensive

Proprietary & Confidential 3

AVEALTO – A new “non-satellite” satellite-type communications services
A Transformative platform delivering coverage in unserved and underserved
regions globally with extreme flexibility
Telecom
Less expensive to build and operate than satellite platforms
Technology
Proprietary & Confidential 4
 AVEALTO’s transformative Wireless
AVEALTO Infrasturcture Platform (WIP)
Founded in 2013 technology delivers very low cost
– Ready to but very high value
Launch in 4th communications services powered
by next-generation solar panels,
Quarter of 2022 batteries and flight technology

Proprietary & Confidential 5

 Comparative Altitudes

Satellites
HAPs

> 36,000 km
Aeroplanes

20 km

11 km

Service footprint: 240 kilometers (150 miles) in diameter AVEALTO HAP vehicles will remain in a stationary
position in relation to the ground

Proprietary & Confidential

6
 INDONESIA
AVEALTO WIP Coverage Area Example

EAST JAVA

BALI

At an altitude of 18km to 22km, each WIP will provide coverage to

an area of 240km in diameter over most land areas and around
480km in diameter over oceans or plains
Proprietary & Confidential 7
 A Transformative Technology Whose Time Has Come
Technological Advances Now Allow Wireless Infrastructure to be Commercially Viable

Increased efficiencies, lightweight, flexible

Solar Panels
Efficiency at the photovoltaic cell level and
(Photovoltaic Cells)
the whole solar panel level

Higher energy density, lighter and cheaper

Batteries There are suppliers that produce custom
made batteries designed especially for HAPs

Lighter and stronger materials

Across all the components of the HAP vehicle
Materials
from the envelope and inner-cell, to the
airframe and propellers

Higher performance, smaller and cheaper

Communications Stronger, higher quality signals and
Electronics increased data throughput from smaller
devices

Proprietary & Confidential 8

EXISTING TARGET MARKET
THE TOTAL TELECOMSAT MARKET
IS US$126.5 BILLION* PER YEAR

20% OF THAT MARKET - US$25.3 BILLION

IS POINT TO POINT TELECOM SERVICES
NOW PROVIDED BY SATELLITES

AVEALTO HAP CAN PROVIDE A

LOWER COST & HIGHER QUALITY SERVICE
TO THIS EXISTING MARKET

* YEAR 2019 – SATELLITE INDUSTRY ASSOCIATION

AVEALTO WIP brings capacity
to Remote sites

LINE OF SIGHT
MICROWAVE LINK

Proprietary & Confidential 10

AVEALTO Wireless Infrastructure is the Best
Solution for Backhaul Links in Remote
Regions
Mobile Operators and WISP (Wirelss Internet Service Providers) Operators provide
wireless network access to their subscribers. These operators place antennas on
towers or building rooftops. If these sites have a low cost fiber or microwave
connection, the operators can provide low cost services. In areas where the only link
is via satellite, the cost of services will be higher or service will not be available at all.

Using satellite services to link remote sites is not economical and also provides a
lower quality of service due to latency and problems with forward error correction
(FEC).

Operators cannot offer their customers low cost and high quality services if they
utilizes a significant amount of satellite capacity in their network. Unfortunately, a
large portion of world with significant populations are only accessible by satellite.

AVEALTO WIP vehicles can transparently replace the function of satellite services
and provide a lower cost and higher quality access to these previously inaccessible
regions. This will allow them to offer lower price and more bandwidth to their
subscribers.

AVEALTO will be able to provide “instant on” infrastructure in remote areas to bring lower
cost service to more customers.

Proprietary & Confidential 11

AVEALTO
Direct OFFICE and HOME Connections

WIP Can Reduce Network Costs

For VSAT operators

Proprietary & Confidential 12

AVEALTO
Marine Communications

Proprietary & Confidential 13

AVEALTO Flight Approval Testing Under Supervision of The UK CAA

AUTOPILOT and FLIGHT CONTROL STSTEM calibration CADCAM Rendering Basic Design of AVEALTO Commercial Vehicle
Brabazon Hanger, Bristol, UK 101 meters long
November 2020 17 meters diameter

Proprietary & Confidential 14

AVEALTO Now in
the Final Stage of
Launching
Commercially
Viable HAPs

Video of test flight:

https://www.youtube.com/w
atch?v=RBoHbVffzos

Proprietary & Confidential 15 15

 Walt Anderson, CEO
waltanderson@AVEALTO.com
+1 202 817 9222
5 St. John’s Lane, London EC1M 4BH, UK

Proprietary & Confidential

 The AVEALTO Advantage Versus Existing Telecom Methods
GEO and LEO satellites are not able to compete with AVEALTO’s cheaper, lower latency bandwidth

HAP GEO Satellites LEO Satellites

Latency Less than 4 ms 500+ ms 20-80 ms

Existing technology Existing technology Requires expensive terminal to track rapidly

Ground terminal
Low cost Low cost moving satellites
Power levels (ground Very low High Medium
terminal) Saves ground terminal energy Transmitting 36,000 km Requires steerable antenna
2 Gbps
20 - 30 Gbps 20 – 300 Gbps
Transmission capacity Low
High(1) High
90% of orbit is over areas with few customers(2)

Deploy time 2-3 months 3-10+ years 2-4 years

Up to $3 million per satellite

Cost $6 million per HAP $300-$360 million per satellite Thousands of small satellites are needed to
support the network

Upgrades Every 6 months Not possible after launch Not possible after launch

Altitude 18 – 22 km 36,000 km 500 – 1,200 km

240km circle 1/3 of planet

900km circle
Coverage Remains in a stationary position in relation Remains in a stationary position in relation to the
Coverage area moves rapidly
to the earth earth
Yes
Regulatory constraints No No
(country by country basis)

Note(s): (1) Each HAP has the transmission capacity of a GEOSAT, frequencies can be reused in each HAP coverage area; (2) Based on AVEALTO estimation of topography and geography
17
Proprietary & Confidential