Addvalue Technologies : Annual Report 2021

OUR PURPOSE:

LEVERAGING COMMUNICATIONS

TECHNOLOGIES TO BOUNDLESS CONNECTIVITY

LAND

SEA

MSS

VSAT

LTE/5G

BOUNDLESS

CONNECTIVITY

LPWANWIFI

AEROSPACE

SPACE

WE ENABLE COMPANIES TO UNLEASH THEIR REAL BUSINESS POTENTIAL BY HARNESSING OUR PRODUCTS AND SERVICES.

CONTENTS

02 CORPORATE PROFILE

04 BUSINESS MODEL

06 CHAIRMAN'S STATEMENT

10 FINANCIAL REVIEW

12 OPERATIONS REVIEW

16 BOARD OF DIRECTORS

18 KEY MANAGEMENT

20 GROUP STRUCTURE

21 CORPORATE INFORMATION

22 CORPORATE GOVERNANCE REPORT &

FINANCIAL CONTENTS

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ONE-STOP SHOP AND TECHNICAL CAPABILITIES

Conceptualisation	Specification	Design &	Qualification	Commercialisation
Development	& Market Trial

RADIO DESIGN	EMBEDDED DESIGN
• RF Transceiver and Front-End Design	•	Drivers/RTOS /Middleware
•	Antenna Design	•	Web-based Interface
•	Digital Baseband Design	•	Embedded Applications
•	Software Defined Radio	•	Network Management
		•	Edge Processing

PRODUCT DESIGN

• Mechanical Design
• Industrial Design
• Hardware Design
• Environmental Stress/Reliability Testing
• Regulatory Compliance

02 ADDVALUE TECHNOLOGIES LTD

CORPORATE PROFILE

ABOUT ADDVALUE

Addvalueis a world recognised"one-stop shop" communications technology products developer that provides state-of-the-artsatellite-based communication and other innovative digital broadband products and solutions for a variety of connectivity for applications at seas, on land, in sky and in space. Addvalue's technical competencies include Radio and Antenna Design, Embedded System Design, Software Defined Radio platform. Addvalue's customers include leading organizations in commercial, defence and space industries.

Addvalue's products and solutions revolve around "Connectivity". In particular, Addvalue knows best to leverage satellite communications technologies for reliable, resilient and smart connection, be it between people, between machines or between people and machines. These products and solutions, including the Internet-of-Things ("IoT"), are ideal choices for communications in areas around the world where terrestrial networks are non-existent or ineffective.

Addvalue also offers customised design services, tailored to the unique needs of our customers, thereby enabling our customers to unleash their real business potential. Its comprehensive and proven capabilities in high quality product development and its depth of technical knowhow in sophisticated engineering projects have been highly regarded in the industry. This not only gives Addvalue tremendous competitive advantages to attract high value projects but also expand its opportunities into new and evolving markets that require the profile of its core competence.

For example, Addvalue extends its advanced connectivity capabilities into the high growth aviation industry and the emerging and exciting industries of new space. Its embedded system design capabilities on Software Defined Radio ("SDR") platforms, which are ideal for edge processing, are deployed to exploit the increasingly industrial demands for AI-centric applications of every description.

Accordingly, Addvalue continues its business transformation strategies to re-build and grow its various revenue streams (comprising hardware sales, solution and airtime income as well as design fee) along the market opportunities that are driven by the new age of digital economies:

1. The trending launches of LEO satellites for new and innovative space-based mission services in the new
   space industry is set to fuel our Inter-Satellite Data Relay System ("IDRS") Business. The Addvalue IDRS offers the world-first and only real time and on demand data communications between commercial LEO satellites and their ground controls;
2. Tapping into the fast growing aviation industry including unmanned aircraft system ("UAS") for resilient communications, Addvalue is contracted for developing communication terminals. This will subsequently lead to supply and technical support service for such aviation- graded products. In the similar vein, the Addvalue's embedded system capabilities have also found business traction with the defense and enterprise's requirement for high performance agile communications and data analytics applications.
3. The pervasive adoption of IoT/M2M technologies across all economic activities is yet another business driver for Addvalue. Addvalue's recent successes on providing integrated solutions for vessel monitoring system in response to the rising and urgent need for regulatory control for fishery sustainability is one such example. Addvalue is extending its competitive advantages in such technologies and knowhow to rural ATM banking services, remote sensing, monitoring and tracking for asset and environmental surveillance, and other bridging-the-digital-gap activities that are permeating across the emerging economies especially in the ASEAN region.

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