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NextVision Stabilized Systems LtdNovember 2025
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2 DISCLAIMERThispresentationisprovidedbyNextVisionStabilizedSystemsLtd.(the“Company”)asageneralpresentationabouttheCompany’sactivitiesandindustry.TheinformationprovidedinthispresentationandanyotherinformationthatwillbeprovidedaspartofthepresentationisofferedforinformationalpurposesonlyandisnotexhaustiveofallthedataabouttheCompanyanditsactivitiesandmustbereadtogetherwiththeCompany’sfinancialstatementsanditsimmediatereports.Thispresentationdoesnotconstituteanoffertobuyorselloraninvitationtoreceiveofferstopurchasesecuritiesinanyjurisdictionandisintendedforinformationalpurposesonly.Theinformationprovidedinthispresentationdoesnotconstituteabasisformakinganinvestmentdecisionnordoesitconstitutearecommendationoropinionandmaynotsubstituteanydeliberationofpotentialinvestors.ThispresentationdoesnotincludethefullresultsandfinancialinformationoftheCompanynortheexplanationstheretoorthedetailsoftheCompany’sgeneralactivityorriskfactors.Hence,thispresentationdoesnotsubstituteanindependentduediligenceandpersonalconsultingtakingintoaccounteachinvestor’spersonalsituation,nordoesitpretendtoencompassorcontainalltheinformationthatmayberelevantforthepurposeofmakinganinvestmentdecision.Thispresentationmayincludeforward-lookinginformationasdefinedinthe1968SecuritiesLaw,whichconsistsofforecasts,goals,estimates,evaluationsandotherinformationrelatingtofutureeventsormatterswhoserealizationisuncertainandoutsidethecontroloftheCompany.Forward-lookinginformationdoesnotconstituteaprovenfactandisbasedontheCompany’ssubjectiveassessmentsandmacroeconomicfactsanddataasareknowntotheCompanyatthetimethispresentationisformulated.Theforward-lookinginformationinthispresentationisalsobasedontheexistinginformationinpossessionoftheCompany,ontheCompany’scurrentexpectationsandassessmentsregardingfuturedevelopmentsintheCompanyandontheinteractionofsuchdevelopmentswitheachother.Therealizationornon-realizationoftheforward-lookinginformationisimpactedamongotherthings,byriskfactorsthatcharacterizetheCompany’sactivitiesandindustry,aswellasbygeneraloccurrencesandbyexternalfactorsthataffecttheCompany’sactivities,whichcannotbeforeseenandwhicharenotundertheCompany’scontrol.Inaddition,asofthedateofthispresentation,itisnotpossibletoassessthefullconsequencesoftheoutbreakoftheWarofIronSwordsontheeconomyandtheresultsoftheCompany’sactivities.TheCompanycannotprovideassurancethatitsexpectationsandestimates,includingregardingitsplans,willindeedberealizedandtheresultsoftheCompany’sactivitiesmaydiffersubstantiallyfromtheresultsestimatedorimpliedfromthispresentation,amongotherthings,duetochangesinanyofthesaidfactors.Also,theCompanycannotprovideassurancethatitsbasicassumptionscontingentonthirdpartieswillberealized.Therefore,readersofthispresentationarecautionedthattheCompany’sactualfutureresultsandachievementsmaydiffermateriallyfromthoseondataandinformationavailabletotheCompanyatthetimeofthepresentationandtheCompanydoesnotundertaketoupdateoramendanysuchforecastorestimateinordertoreflecteventsorcircumstancesthatwillapplyafterthedateofthispresentation.
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3 *2025 Revenue Target represents target set by NextVision Board of Directors and is not an estimate or projection. NEXTVISION STABILIZED SYSTEMSoNextVision Stabilized Systems (“NextVision” or, the “Company”) is a leader in the global market for small, stabilized video solution systems powering missions across defense, civil and commercial applicationsoSystems can be mounted on ground, aerial and maritime platforms and are powered by an integrated software suite that enables customers to achieve maximum cost-effectivenessoProvides a comprehensive stabilized video solution, with leading performance-to-size-and-weight ratios, at a competitive price and with high reliabilityoTrusted by elite operators and commercial customers around the world 71%Q1-Q3Gross Margin $160M*2025Revenue Target$4.2B Market Capas of November 10, 2025 $414M Global Offering90% Global InvestorsSelect Customers Europe57.5% North America26.3% Israel12.2% Other4.0% Q1-Q3 2025Revenueby Region
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4 PURPOSE-BUILT TO PROVIDE RELIABLE SOLUTIONS FOR NEXT-GEN PLATFORMS MissionTo continuously improve the offered solution to meet our customers' needs while maintaining reliability VisionTo be the first choice for customers by providing groundbreaking solutions
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5 EXPANSIVE PRODUCT OFFERING DESIGNED FOR THE MISSION Note: Numbers and multiples above NextVision’s systems represent infrared camera photo resolution (expressed in pixels)and infrared camera zoom range (expressed as a multiple of DragonEye2 range). NextVision’s systems span an array of sensor types and system sizes, offering varied solutions for a broad range of mission profiles 115 g EO ZOOM WEIGHT X40 140g 250g 320g350g560g640g1.5kg 2kg 1280X3.61280X2.6 1280X6.2640X15.6 X80 VISIBLEONLY 160 g 180 g170 g DragonEye 2 X1 /X0.6640X80 Colibri2Starling 640X1.8X1640 Raven/Raven 2.5 Raptor/360FalconCondor NightHawk UZ/360NightHawk2-V/360 25IRNightHawk2 1280X2.6640X1.8640X1.8 Video Processing Units Ready-to-Install Mounts Retracting Solutions Third-Axis Add-on Quick Release AdaptersContinuous investment in R&D and innovation support an ever-advancing product portfolio
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6 COMPREHENSIVE SOFTWARE SUITE DRIVES MISSION SUCCESSIntegrated Suite of Software Purpose Built for Ease of Useand Capable of Supporting the Full Mission LifecycleoPurpose-built to maximize the operator’s mission effectiveness, situational awareness and controloIntegrates seamlessly with NextVision’s products to support plug-and-play system capabilitiesoUser friendly interface designed for ease-of-operation and minimal training requirementsoAdvanced embedded software features integrate seamlessly with its user-friendly interfaces and other toolso“One stop shop” system allows operators to plan, execute and review, all in the same environment Control (CCA/CCA2/CCA3) Battle-Ready Upgrades Built-In Configuration In-House Video Management Camera ControlIn-house control software seamlessly integrates with NextVision’sproducts, driving mission success PlanningIntuitive UI allows planning in the same environment missions will be executed, ensuring preparedness SimulationBuilt-in simulation software allows operators to train as they’ll perform, perfecting cadence ahead of time Video DistributionLive screening directly from NextVision’sproducts, enabling continuous monitoring of progress
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7 NEXTVISION SOFTWARE ENABLES EXTENSIVE ONBOARD PROCESSINGOnboard processing is critical to operating across dynamic environments to meet every mission’s requirementsSoftware-Enabled Capabilities Geographic ReferencingVideo Caching & Recording Video Compression & Streaming Image Enhancement Object RecognitionObject & Area TrackingVideo Motion Detection TRIP Series Video Processors Integrate Seamlessly with NextVisionHardware, Offering Applications for Virtually Every Mission
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8 New Products Released in 2025 CUTTING-EDGE TECH PIPELINE SUPPORTING THE BATTLEFIELD OF TOMORROWNextVision is an innovation-driven company, with two or three game-changing new solutions generally released each year Raven2.52kgCooled IR with high zoomBuilt-in Range FinderApplicable to a variety of platforms Condor1.5kg3X AxesRange FinderUncooled IR with high zoom40 millijoule continuous pulsed illuminator NightHawk2-V360 25IR360 ContinuousNarrow Thermal Lens TRIP6SSDNext-generation platform designed to integrate user developments with NextVision capabilities Aerodynamic Design and Cooled IR ~20% of NextVision’s Employees are Solely Focused on R&D, a Testament to Its Commitment to Innovation Combined EO and Targeting SolutionEnables 3rd-Party Application Integration on the TRIP6Rounds Out NextVision’s 360 Continuous Systems Offering
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9 LEVERAGING TECHNOLOGY FOR SUSTAINED LEADERSHIPResearch and development is in NextVision’s DNA, underpinning unmatched technological superiority across its family of systems NextVisionHas Assembled an Array of Tech-Enabled Capabilities and Solutions Through Continuous Innovation Micro Gimbals PixHawkIntegration Pulsed Illuminator or Pointer Thermal Cooled Camera Core (MWIR 3-5u) Visible and CooledLWIR OpticsStabilization (Patent #8896697) Object/Area Tracking Geo Location/Inertial NavigationObject Detectionand Classification Raven 2.5CondorTRIP 6 Thermal Uncooled Camera Core (LWIR 8-12u) Visible Camera Core
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10 Source: Technavio and various news sources.Note: Platforms shown are illustrative and not comprehensive. Platforms not to scale. SWaP2refers to Size, Weight, Power and Performance. NEXTVISION’S PRODUCTS WERE PURPOSE-DESIGNED TO ENABLE TODAY’S UNMANNED SYSTEMSLow Cost Compared to Systems With Similar Performance Excellent Reliability and Low Maintenance Costs Fast and Easily Integrated Significantly Lower Power Consumption Compared to Similar Systems Low-Cost, Highly-Flexible Systems are Better-Suited for Today’s Rapidly Changing Security Environment Cost PerformanceHighLowLow High Other Competitors NextVisionServes a Highly In-Demand Portion of the Unmanned Systems Market SWaP2“Sweet Spot” for Evolving Mission Sets Quantities Fielded100’s100’sof Thousands
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11 COMPETITIVE ADVANTAGES AND TAILWINDS FROM MARKET TRENDSEvolving Use of Unmanned Systems in Modern Warfare, with Global Leaders Taking Steps to Fill Their ArsenalsGlobal Defense Spending is Reaching New Heights, Leading to Multi-Billion Dollar TAMs for Unmanned Systems NextVision’s Products Were Purpose-Designed to Enable Today’s Unmanned SystemsA Leading Company with Field-proven Solutions and Broad Mission RelevanceTrusted by the Most Demanding CustomersAcross a Broad Mission SetA Strong Financial Standing, Driven By a Solid Backlog and Long-standing Partnerships with Strategic Customers Strategic Positioning within the US Defense Ecosystem as an Approved Vendor within the Blue UAS Framework 11
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12 Source: Various news sources. EVOLVING USE OF UNMANNED SYSTEMS IN MODERN WARFARE… Operation Spider’s Web Operation Spider’s Web: How Ukraine Rewrote the Rules of Drone Warfare Operation Rising Lion Ungentlemanly Robots: Israel’s Operation Rising Lion and the New Way of War “Israel’s strike, like Ukraine’s earlier Operation Spider’s Web, validates how small autonomous systems –when staged forward and synchronized with long-range fire –compress the timeline to relative superiority.”–Center for Strategic and International StudiesJune 2025 “Military analysts say the strike, launched in the early hours of June 1, 2025, is a wake-up call –not just for Russia, but for the world. It showed how accessible, low-cost technology, coupled with sharp strategy, can deliver devastating precision from hundreds of miles away.”–Scripps NewsJuly 2025
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13 … WITH GLOBAL LEADERS TAKING STEPS TO FILL THEIR ARSENALSUS Executive Order to Unleash Drone Dominance Unlocks Transformational Whitespace for Unmanned Systems oReclassification of Group 1 and 2 drones as consumables, emphasizing that systems should ultimately be cheap and consumableoRemoves legacy procurement rules, enabling officers with the rank of Colonel or Captain to independently procure and test dronesoCreates a “dynamic, AI-searchable Blue List,” cataloguing approved drone components, vendors and performance ratingsoAccelerates weaponization approvals, requiring a response to drone arming requests within 30 days of receipt EU Urges Rapid Drone Production to Counter Russian ThreatGerman Military to Order Exploding Drones for the First Time,Sources Say Drones at the Forefront of the Self-Defense Forces’ Modernization EffortsIndian Army Looks to Bolster Strength With Advanced Indigenous DronesSource: Various news sources.
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14 GLOBAL DEFENSE SPENDING IS REACHING NEW HEIGHTS… Source: United States Under Secretary of Defense (Comptroller) FY2021 and FY2026 Defense Budget Materials,NATO press release titled “DefenceExpenditure of NATO Countries (2014-2024)” and various news sources. The US Military is Placing New Emphasis on Low-Cost, High-Volume Drones and Backing It Up with Material Budget Dollars NATO’s Reprioritization of Defense Spending Post-Ukraine Has Unlocked Billions in Spend on Next-Gen Warfare $98$82$64$35$34$163$476 GermanyUKFrancePolandItalyOthersFY2024E ~$740 Billion 20 21 20 26+ ~2% European GDP Total US Defense Spending by Year 2024E NATO Spending by Country ($B) >$1 Trillion ~5% European GDPNATO commitment on defense spending by 2035 “We will power a technological leapfrog, arming our combat units with a variety of low-cost drones…Drone dominance is a process race as much as a technological race.”–Pete HegsethUS Secretary of Defense, July 2025 “You see now $400 Ukrainian drones taking out multi-million dollar, in terms of cost, Russian tanks… Speed is of the essence, not perfection, to get these new technologies in.”–Mark RutteNATO Secretary General, January 2025
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15 … LEADING TO MULTI-BILLION DOLLAR TOTAL ADDRESSABLE MARKETS FOR UNMANNED SYSTEMS Source: Technavio and Global Market Insights.Note: Small Drones are those weighing less than ~25 kg. $16 $27 20252029 Small Drone Market ($B) $14$24 20252029 Global Drone Market ($B)Drone Camera Market Size ($B) CAGR+14.3% CAGR+15.2% $45 $76 20252029 CAGR+14.2%
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16 Philippines EXTENSIVE GLOBAL FOOTPRINT IN KEY GROWTH MARKETS Belgium Brazil South Korea India Hungary JapanSpain Mexico New Zealand Norway PortugalCyprusGreece Canada France United States Chile Australia ItalySwitzerland England Israel Singapore SwedenLatviaPolandGermanyMoldovaRomaniaSlovenia NetherlandsDenmark Target Market: USAFurther penetrate the world’s largest defense market Target Market: APACRapidly fielding unmannedcapabilities amid broader budget growth Target Market: EuropeMassive spending push following NATO commitment to spend 5% of GDP on defense by 2035 Countries with NextVision Customer Footprint Europe57.5% North America26.3% Israel12.2% Other4.0% Q1-Q3 2025Revenueby Region
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17 2–3New Products Generally Launched Annually 30+Countries FieldingNextVision Products (2) Field-ProvenTechnologies In Use Around the Globe (1) Active Customers defined as those customers that NextVision sells to in a given period.(2) Countries Fielding NextVision Products is as of June 30, 2025. FIELD-PROVEN SOLUTIONS WITH BROAD MISSION RELEVANCE NextVision Products in Action NextVision’s Cameras Integrated on BRINC’s Responder Platform, the First Ever Purpose-Built 911 Response Drone NextVision Products Are Spec’d-In on Uvision’sHERO Family of Loitering Munitions, Ensuring Operator VisibilityNextVision’s High-Fidelity Camera is Seamlessly Integrated on Quantum Systems’ Multi-Sensor WASP Stealth Platform 189+Active Customers,(1)Up From ~100 at the Beginning of 2024
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18 TRUSTED BY THE MOST DEMANDING CUSTOMERS ACROSS A BROAD MISSION SET
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19 NextVisionYoY GrowthOver 73% in 2022Over 99% in 2023Over 121% in 2024 Future Potential Revenue DriversoStep-Change Growth in NATO Defense SpendingoGlobal Prioritization of Low-Cost, AttritableSystemsoSuperior Product Offerings vs Closest Competitors Note: 2025 Revenue Target represents target set by NextVision Board of Directors and is not an estimate or projection. EXPONENTIAL REVENUE GROWTH FUELED BY UNMANNED SYSTEMS DEMAND $4.5M$7.8M$15.0M$26.0M$52.0M $115.0M $160M 2019A2020A2021A2022A2023A2024A2025RevenueTarget >90%2019A –2024A CAGR
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20 (1) Active Customers defined as those customers that NextVision sells to in a given period.(2) Q3 2024Order Backlog as of November 10, 2024. Q3 2025Order Backlog as of 09/11/2025. ROBUST BACKLOG AND DEEP CUSTOMER RELATIONSHIPS DRIVE ENVIABLE FINANCIAL POSITION RevenueGross ProfitOperating ProfitNet ProfitActive Customers(1)Order Backlog(2) $84.4M $120.6M Q1 -Q3 202 4Q1 -Q3 202 5 +42.9% $60.3M $85.6M Q1 -Q3 202 4Q1 -Q3 202 5 +42% $52.8M $73.5M Q1 -Q3 202 4Q1 -Q3 202 5 +39.2% $48.5M $72.0M Q1 -Q3 202 4Q1 -Q3 202 5 +48.5% 173 189 Q1 -Q3 202 4Q1 -Q3 202 5 +9.2% $76M $124M Q3 202 4 Q3 2025 +63.2%
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21 (USD, Thousands)9Months Ended 9/30/20259Months Ended 9/30/202412 Months Ended 12/31/2024Key Income Statement ItemsRevenues$120,553$82,424$114,934Cost of Sales$34,971$24,166(32,044)Gross Profit$85,562$60,258$82,890 R&D $3,914$1,836(2,517)SG&A $8,150$5,629(7,369)Operating Profit$73,498$52,793$73,004 Net Profit$71,964$48,447$66,396 Key Cash Flow ItemCapex $239$239$432Note: Complies with IFRS. Financials for 12 months ended 12/31/2024 audited. Financials for 9months ended 9/30/2024 and 9/30/2025 unaudited. Q1-Q3 2025FINANCIAL HIGHLIGHTS
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22 STRATEGIC PILLARS UNDERPINNING OUR CONTINUED GROWTH STRATEGY Leverage Strong Relationships and Consistent Value Delivery to Accelerate Customer Acquisition Within and Across Borders Focus on Reliability and Availability Prioritize StrategicAcquisitions Offering Expanded Capabilities in High-Growth Areas Pursuing StrategicAcquisitionsStrong Foundation for Addressing the Needs of Our Customers IncreasedInvestment in R&D Attract Top Talent to Fuel Continuous Innovation and Expand the Art of the Possible Across Emerging Frontiers Integrate AI Capabilities, Ensuring NextVisionRemains on the Cutting-Edge of Mission Requirements Expanding AICapabilities Expanding OurClient Base
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Thank You