Bluefin Robotics Corporation 237 Putnam Avenue Cambridge, Massachusetts Fax BUSINESS SENSITIVE ATK PROPRIETARY UUV CHOSS/SOFC Development Jason Tyll Jeff Smith Robert Tomasetti WARNING – The information contained in this presentation is controlled for export by the Arms Export Control Act (Title 22, U.S.C., App et seq.) Export of this information to a foreign person inside or outside the United States must be in accordance with the International Traffic in Arms Regulations (ITAR).

BUSINESS SENSITIVE Agenda  Component Technology Background  AUV  CHOSS  SOFC  Endurance Requirements  Proposed Design  Trade Space  Phased Development  Demonstrated Capabilities  Design Detail  Expected System Results  Advantages / Disadvantages  System Applications  Conclusions 2

BUSINESS SENSITIVE Bluefin Robotics Bluefin Background  Leading US AUV Manufacturer  MIT Autonomous Underwater Vehicles Lab founded in 1989  Bluefin spins off from MIT Lab in 1997  Acquired by Battelle in 2005 AUV PLATFORMS  Bluefin-9  Bluefin-12  Bluefin-21  HAUV  Spray Glider AUV SUBSYSTEMS  Autonomy  Navigation  Comms  Batteries  Propulsion 3

BUSINESS SENSITIVE ATK 4 ATK Background  Aerospace and Defense Contractor  $4.5B in annual sales  16,500 employees in 21 states  Leading Positions in  Launch Systems  Composite Structures  Munitions  Precision Capabilities Business Groups  Launch Systems - The world leader in the design, development, and production of launch systems for space, strategic, and missile defense applications.  Mission Systems - Pioneering advanced solutions for access to space and delivering greater power, precision, and performance to America’s fighting forces.  Ammunition Systems - The nation’s largest producer of conventional munitions, serving both the military and commercial markets. 4

BUSINESS SENSITIVE Acumentrics 5

BUSINESS SENSITIVE AUV Endurance Requirements  Jeff 6

BUSINESS SENSITIVE CHOSS / SOFC Description  CHOSS – Combined Hydrogen Oxygen Storage System  Standard industrial strength hydrogen peroxide and metal hydride supply system provide separate streams of hydrogen and oxygen for electric power generation via Solid Oxide Fuel Cell and shaft power via waste heat recovery.  High energy dense, air-independent power system  Underwater power generation applications  Space based power applications  SOFC – Solid Oxide Fuel Cell  Electrochemical conversion of hydrogen oxidation to electric power.  Solid oxide electrolyte requires high temperature operation which enables very high cycle efficiencies via waste heat recovery. 7 High storage density supply of H2 and O2 enables efficient power generation without access to atmospheric air. ATK PROPRIETARY Export Controlled Technical Data - see cover sheet

BUSINESS SENSITIVE CHOSS / SOFC Description H2O2 Reactor MgH2 Reactor H2 MgH2 Supply CHOSS Concept CHOSS Concept MgH2 + H2O → MgO + 2 H2 (ΔHR = kJ/gmol MgH2) High efficiency, air independent power. 5X-7X higher energy density than Li ion batteries. Can operate without ingesting water or exhausting product, providing both silent operation and neutral buoyancy Produces DC electric and/or shaft power Higher efficiency operation with waste heat recovery Recyclable products Uses standard industrial strength peroxide – safe operation ATK PROPRIETARY 60% H2O2 MgH2 O2 H2O SOFC Solid Product Storage Waste Heat Recovery Liquid Product Storage Shaft Work DC Electric CHOSS Chemistry CHOSS Chemistry CHOSS Features and Benefits CHOSS Features and Benefits H2O H2O → 2.26H2O + 0.5O2 (ΔHR = kJ/gmol H2O2) H O2 → H2O (ΔHR = kJ/gmol H2) Export Controlled Technical Data - see cover sheet

BUSINESS SENSITIVE CHOSS / SOFC Design Trade  Adjustable and scaleable power level  Metal hydride selection  Baseline performance shown for MgH2  Other possible hydrides include lithium hydride and aluminum hydride  Metal hydride delivery (Powder vs slurry)  Oxygen storage  Industrial strength hydrogen peroxide is baseline  Alternative options exist  Waste Heat Recovery  Highest performance achievable  Combination of electricity and shaft power produced  Performance shown here  33% lower energy density anticipated without waste heat recovery  Demonstration system definition  1kWe  MgH2 powder + hydrogen peroxide  No waste heat recovery 9 ATK PROPRIETARY Export Controlled Technical Data - see cover sheet

BUSINESS SENSITIVE CHOSS Demonstration Approach MgH2 reactor – slurry or powder UUV Platform Systematic Technology Development with Product Off-Ramps Technology Foundation CHOSS IRAD – MgH2 slurry reactor design and testing CHOSS IRAD – Design concept for UUV power system NASA TRESS – Reactant regeneration technology and lunar power system conceptual design H2O2 reactor – Custom version of commercially available reactor MgH2 slurry development MgH2 power delivery system Component Bench Testing Custom compact Heat Exchangers and condensers Lunar Power Platform Integrated System Testing Integrated System Design & Dev ATK PROPRIETARY Subsystem Development and Testing SOFC Export Controlled Technical Data - see cover sheet

BUSINESS SENSITIVE Phased Development Estimated program scope / cost per Phase  Phase I – Subsystem Development and Testing  Metal hydride formulations  Metal hydride delivery system  Hydrogen peroxide reactor  Separators  Metal hydride reactor  SOFC (H2 – O2)  Heat Exchangers  Integrated system conceptual design  Phase II – Integrated System Testing  Proof of principal testing of integrated system  Steady state operation  Start up, shut down, load following, other transients  Integrated system Preliminary design  Phase II – Integrated System Design and Development  Prototype system integration and critical design  Bench testing of prototype  Field testing of prototype 11

BUSINESS SENSITIVE Demonstrated Capabilities  Phase I  Conceptual design with system balance and performance expectations  Subcomponent test results including optimal operating parameters and measured performance  Phase II  Preliminary design with system balance and performance expectations  Integrated system hardware with test results including actual system performance and operability based on range of parameters  Phase III  CHOSS power system prototype with bench test data and field test data. UUV to be specified following customer discussions (12”, 21”, Large scale) 12

BUSINESS SENSITIVE Design Details  All 13 Close-up of Florin’s solid model with component identification

BUSINESS SENSITIVE System Applications  Market Uses  Jeff 14

BUSINESS SENSITIVE Conclusions 15