Incubit Technology Ventures _ ELBIT 2014

2 © 2013 by Incubit Technology Ventures | Incubit Technology Ventures Proprietary

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

[email protected]


NASDAQ: ESLT | www.elbitstystems.com

Company presentation

Elbit Systems


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

Elbit Systems’ Vision


Business and Technology Areas

EW & CountermeasuresSystems

Cyber

C4I Systems – DAP & Combat Vehicles

Defense & CommercialAirborne Systems &

Simulation

Unmanned VehicleSystems

Homeland SecuritySystems

Naval Systems

ISR & Electro‐opticSystems

Data Link & RadioCommunication

>> Services & Support <<


Chile

A Multi Domestic Company

U.S. IsraelBrazil KoreaIndia Australia

Netherlands Germany Austria Hungary

Macedonia

Romania

Canada

Belgium

Subsidiary

Office

U.K.


HaifaCompany HeadquartersAerospaceUAS

Tel-HaiLand and C4I

KarmielAerospace OperationsCycloneOpgalSCD

YokneamLand and C4I

AshdodTraining & Simulation

NetanyaLand and C4I

HolonLand and C4IEW & SIGINT

9,500 – Company Employees7,000 - Subcontractors

Rosh Ha'ainTraining & Simulation

RehovotElectro-opticsUAS

Beer ShebaFlight Academy

Tel AvivMarketing Office

AradLand and C4I

SderotSecurity Systems

Airport CityKinetics

Jerusalem

Sderot

Arad

Beer Sheba

Tel-Hai

KarmielHaifa

Yokneam

Netanya

Rosh Ha'ain

Tel-Aviv

Holon

Rehovot

Ben GureionAirport

Ashdod

Eilat

Company Sites Throughout Israel


Financial Highlights 2012

M

Growth In RevenuesGrowth In Firm BacklogM

Investment in R&D


Elbit heritage of innovation

Large scale, Integrated

System-of-Systems solutions


Elbit heritage of innovation

Based on innovative building blocks

Large scale, Integrated

System-of-Systems solutions


Digital battlefield


ELBIT SYSTEMS UAS

12

Elbit Systems delivers

85% of the

Israeli Air Force UAS Fleet

And 100% of the

Israeli Ground ForcesUAS


Cyber Solutions


Music – Fiber Laser DIRCM


So.. why do we need you?


So.. why do we need you?

Times have Changed


Technology Migration

Technology used to migrate from defense to consumer

Mot

orol

a M

obile

Ph

one


Corning Glass Teflon GPS


Technology used to migrate from defense to consumer



Now it is migrating from consumer to defense

Broadband cellular chip



Cyber Video Compression Networking

Now it is migrating from civilian to military

Cellular



Cyber Video Compression Networking

Now it is migrating from civilian to military

A need to look outside

Cellular


Spirit

Do you know this guy?


Spirit

Samuel Pierpont Langley 1834 –1906


Spirit

Education

Networking

Funding

Team

PR



Spirit

Education

Networking

Funding

Team

PR


Why don’t we know him then?


Spirit

Wright Brothers


Spirit

They got there first

NO Higher Education

NO Networking

NO External Funding

NO PR

Wright Brothers


Spirit


Innovative

Motivated

Committed team

Agile

Wright Brothers


Spirit


Innovative

Motivated

Committed team

Agile

Wright Brothers

Innovation require these qualities


Innovation used to be a key to successNow it’s a key for survival



Big organizations need to look outside

That’s Open Innovation



Big organizations need to look outside

That’s Open Innovation

Incubit was born as part of Elbit’s Innovation strategy

The new Technology Incubator

of Beer-Sheva


An Incubator?

OCS program and regulation

Focus: early stage startups

Risk sharing in the investment


How does it work?

Tell us about your idea

Due DiligenceTeam | Technology | Market | Synergy

Investment Committee

OCS committee

Start working - 2 Years!

Series A round


What are we looking for?


Team | Technology | Barrier | Synergy


What do you get?


Funding | Partnership | Infrastructure


Funding

Pre-seed

$700K for 30-50% equity

2 Years


Infrastructure

Administration

Office Space

Bis-dev support


Infrastructure

Administration

Office Space

Bis-dev support

Facilities and labs

Technology experts support

R&D risk management

Cash flow bridging

Zero management fees


Partnership – Your Venture partners

Networking

Mentoring

Future investment

Strategic partnership

Technology Synergy and licensing


Incubit and Israel BrainGain

Remote Due-Diligence process

Isreal BrainGain support

City of Beer-Sheva relocation office


Try us.


Ran Bar-Sella Idan Katz

CEO VP [email protected] [email protected]

+972-54-999-5611 +972-54-690-0812

Date post:	02-Jul-2015
Category:	Technology
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