T3 Defense (DFNS) Investor presentation summary

Company overview and market positioning

• Focuses on acquiring and scaling next-generation defense companies in AI, robotics, unmanned platforms, and counter-drone technologies.

• Recent acquisitions and joint ventures position the portfolio to capture a growing share of global defense spending.

• Led by industry veterans, with a current market capitalization of $25M and a share price of $0.41 as of May 31, 2026.

• Portfolio expected to generate $26M in revenue in 2026, with a Q1 2026 revenue of $3.7M and a $12.1M backlog as of March 31, 2026.

• Sponsors a SPAC with $173M in trust, providing non-dilutive capital for future growth.

Strategic approach and investment process

• Targets small to mid-sized private companies ($10M–$150M revenue) in defense, aerospace, and advanced manufacturing.

• Pipeline includes over 400 identified acquisition targets, focusing on those with strong customer relationships and robust order backlogs.

• Pays private/small company multiples, aiming for valuation multiple expansion through operational efficiencies and sales growth.

• Investment process includes analyzing major defense platforms, sourcing manufacturers, and accelerating growth post-acquisition.

• Focuses on sectors growing 2–3x faster than global defense spending, such as unmanned systems and AI software.

Portfolio highlights and capabilities

• RIMON delivers bespoke engineering for mission-critical operations, including command vehicles, tactical lighting, and energy solutions.

• ITS provides custom production engineering and sovereign manufacturing capabilities for defense and civilian applications.

• POSITECH offers advanced motion control systems with gearless architecture, enhancing targeting and tracking for defense platforms.

• TILTAN specializes in geospatial mapping, GPS-denied navigation, simulation engines, and synthetic data for AI training.

• NIMBUS DRONES develops custom UAVs, operational services, and counter-UAS solutions for both military and civilian markets.