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Elbit Systems Launches to Space a Nanosatellite for Commercial Communication Applications

18 December 2019
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Haifa, Israel, December 18, 2019 - Elbit Systems announced today that NANOVA™, the Company's nanosatellite was successfully launched to space. NANOVA was developed in collaboration with a U.S. company as part of the BIRD foundation initiative and is planned to be a part of a nanosatellite constellation for commercial purposes. NANOVA will be operated from a ground control station set up at the Company site in Haifa, Israel.

The NANOVA nanosatellite was launched from the Satish Dhawan Space Centre in the South of India, onboard the Polar Satellite Launch Vehicle. NANOVA was set out to its orbit 18 minutes from launch at an altitude of 580 kilometers.

NANOVA is a 3U (the size of a juice carton), 5kg CubeSat that hosts an Ultra High Frequency (UHF) communication payload providing a direct satellite link for data, voice and text messaging.

Elbit Systems' decades of experience in designing, manufacturing and deploying space electro-optic payloads, space structures and satellite communications together with its leadership in avionics, autonomous systems and Artificial Intelligence, provide the Company with a unique technological foundation for providing end-to-end nanosatellite constellation solutions.

Yoram Shmuely, General Manager of Elbit Systems Aerospace Division , said: "We are proud to commence activities in the area of nanosatellite constellations. We plan to continue to invest in this emerging field, expanding our sensing capabilities and the range of potential applications."

Designed to meet strict cost-efficiency requirements, NANOVA integrates in-house mature capabilities and commercial-off-the-shelf space-hardened components, while featuring advanced UI/UX and sophisticated analytical tools. These make NANOVA an attractive solution for reliable communication services in areas with limited or no satellite coverage. Such services are required for a range of commercial applications including search and rescue operations, emergency communications from remote areas, fleet logistical and tracking management as well as Machine to Machine monitoring and sensing for a wide variety of needs.

About Elbit Systems

Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land, and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance ("C4ISR"), unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios and cyber-based systems and munitions. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services, including training and simulation systems.

For additional information, visit: elbitsystems.com, follow us on Twitter or visit our official Youtube Channel.

This press release contains forward looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current fact. Forward-looking statements are based on management's expectations, estimates, projections and assumptions. Forward looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results, performance and trends may differ materially from these forward looking statements due to a variety of factors, including, without limitation: scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which the Company operates or sells, including Israel and the United States among others; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; and the outcome of legal and/or regulatory proceedings. The factors listed above are not all-inclusive, and further information is contained in Elbit Systems Ltd.'s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward looking statements speak only as of the date of this release. The Company does not undertake to update its forward-looking statements. Elbit Systems Ltd., its logo, brand, product, service and process names appearing in this Press Release are the trademarks or service marks of Elbit Systems Ltd. or its affiliated companies. All other brand, product, service and process names appearing are the trademarks of their respective holders. Reference to or use of a product, service or process other than those of Elbit Systems Ltd. does not imply recommendation, approval, affiliation or sponsorship of that product, service or process by Elbit Systems Ltd. Nothing contained herein shall be construed as conferring by implication, estoppel or otherwise any license or right under any patent, copyright, trademark or other intellectual property right of Elbit Systems Ltd. or any third party, except as expressly granted herein.

Visit our Press Relations website for background materials and information regarding Elbit Systems fields of activity.

David Vaaknin

Vice President, Head of Corporate Communications

Tel: 972-77-2946691

Cell: 972-52-8000403

E-Mail: david.vaaknin@elbitsystems.com

Dana Tal-Noyman

Manager International Corporate Communications

Tel: 972-77-294-8809

Cell: 972-54-9998809

E-Mail: dana.tal@elbitsystems.com

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