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1 Project Apollo A paradigm-shifting platform technology that provides a solution to secure America’s critical infrastructure and offers super-secure communications to military / government and corporate clients

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Page 1: Project Apollo · The Root Cause of These Challenges 3 • The Internet was designed for ease of communication between trusted peers, not security • Engineers have been working

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Project ApolloA paradigm-shifting platform technology that provides a solution to secure America’s critical infrastructure and offers super-secure communications to military / government and corporate clients

Page 2: Project Apollo · The Root Cause of These Challenges 3 • The Internet was designed for ease of communication between trusted peers, not security • Engineers have been working

Proliferation of endpoints, networks, and sub-

networks with IoT – massive demand for connectivity

Management and control of grids given the rapid

increase in distributed power generation

Management and control of grid-scale and distributed

storage devicesKnown weaknesses in legacy solutions

(DoS, DDoS, MiTM)

Quantum computing rendering

AES 256-bit encryption useless

Increasing sophistication of

cybercriminal networks

State-sponsored attacks on Critical

Infrastructure assets

Increasing importance of military

networks Increasing complexity of multi-

cloud implementations

2

Challenges to 21st Century Networks

Page 3: Project Apollo · The Root Cause of These Challenges 3 • The Internet was designed for ease of communication between trusted peers, not security • Engineers have been working

The Root Cause of These Challenges

3

• The Internet was designed for ease of

communication between trusted peers, not security

• Engineers have been working for the past 20 years

to bolt security onto a fundamentally insecure

structure

• The ensuing Rube Goldberg machine will function

only as long as quantum computers remain offline

• Hundreds of billions invested in job-specific, bolt-on

solutions

Silicon Valley is seldom accused of lacking

ambition, but in the case of security, few

pitches that promise to revolutionize anything

in cybersecurity make it to a live meeting with

investors. Instead, venture-capital firms have

chased relatively quick wins from marginally

improving existing cybersecurity products.

Richard Clarke (The Fifth Domain)

Page 4: Project Apollo · The Root Cause of These Challenges 3 • The Internet was designed for ease of communication between trusted peers, not security • Engineers have been working

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Apollo’s OpportunityApollo provides a disruptive paradigm for transmitting mission-critical data across the Internet

The Apollo solution integrates security, resilience, and high performance into the very fabric of the network

Cyber-resilience becomes a profit center rather than a cost center when the network becomes a competitive advantage

Page 5: Project Apollo · The Root Cause of These Challenges 3 • The Internet was designed for ease of communication between trusted peers, not security • Engineers have been working

What Problems Does Apollo Solve?

Critical Infrastructure Military / Government Corporate / Commercial

Passing telemetry data

between IPPs and ISOs

Network provision at 80%

cost savings

Bandwidth usage auditable

Gateway hardware is off-the-

shelf and affordable

Software can be embedded

in devices

Invited to Trident Spectre

trials four years running –

laudable success

High-resolution satellite

imagery transferred quickly

and securely over public

Internet

Applications for offensive

cyberwarfare is an option

Superior and cost-effective

VPN replacement solution

Secures data in motion

between branch offices –

enterprise, retail, financial

services, etc.

Applicable for inexpensive,

high-quality VoIP and video

conferencing

5

Page 6: Project Apollo · The Root Cause of These Challenges 3 • The Internet was designed for ease of communication between trusted peers, not security • Engineers have been working

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Every alternative energy supplier and

independent power producer (IPP) must

establish a connection to the regional grid

coordinator (ISO)

Network connections must be secure and

allow real-time updates regarding

generation capacity and end customer

demand

Standard process is to establish a custom

connection to an MPLS private network –

hardware is expensive and slow to set up

MPLS represents a major opex line for

IPPs

With more small generators (e.g., rooftop

solar) and storage providers (e.g., idled

Teslas), the ISO cannot manage grid

resources using MPLS technology

Apollo’s software paired with inexpensive

off-the-shelf hardware allows alternative

energy providers to connect to ISO

network using standard Internet circuits

Connection to ISO can be established

quickly and at greatly reduced capex to

IPPs

Apollo’s solution is as performant and

reliable as an MPLS network, reduces IPP

opex, and offers greater auditing capability

to ISOs

Apollo software could be embedded as

firmware on small generation and storage

devices, allowing the ISO to manage its

extended grid much more efficiently and

securely

Customer Problem Apollo’s Solution

Case Study Distributed Power Generation IoT

Page 7: Project Apollo · The Root Cause of These Challenges 3 • The Internet was designed for ease of communication between trusted peers, not security • Engineers have been working

Control Layer

Apollo Client Apollo Gateway

Non- Apollo Clients

Underlying IP /

Transport Network

Apollo Virtual Network Overlaid on top

of existing IP / Transport Network

• Control layer directs messages in dynamically changing independent paths through

waypoints (“deflects”)

• Dynamic paths allow for integrated security – hackers can’t reassemble split-streams

of unique sessions into usable messages – even with a Quantum Computer

• Control layer converts & meters UDP transmission through most efficient paths –

routing around network jams

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How Does Apollo Work?• Each packet is AES 256-bit encrypted and

each transmission path uses a different

encryption key

• Transmission method completely changes a

network’s attack surface – security through

dispersion

• As performant and reliable as MPLS and

more secure, all while using the public

Internet

Non- Apollo Clients

Page 8: Project Apollo · The Root Cause of These Challenges 3 • The Internet was designed for ease of communication between trusted peers, not security • Engineers have been working

050,000

100,000150,000200,000250,000300,000350,000

Jan-

17

Feb

-17

Mar

-17

Apr

-17

May

-17

Jun-

17

Jul-1

7

Aug

-17

Sep

-17

Oct

-17

Nov

-17

Dec

-17

Jan-

18

Feb

-18

Mar

-18

Apr

-18

May

-18

Jun-

18

Jul-1

8

Aug

-18

Sep

-18

Oct

-18

Nov

-18

Dec

-18

Jan-

19

Feb

-19

Mar

-19

Apr

-19

May

-19

Jun-

19

Trailing Six-Month Revenues Revenues

-

2,000,000

4,000,000

6,000,000

8,000,000

10,000,000

Jan-

17

Feb

-17

Mar

-17

Apr

-17

May

-17

Jun-

17

Jul-1

7

Aug

-17

Sep

-17

Oct

-17

Nov

-17

Dec

-17

Jan-

18

Feb

-18

Mar

-18

Apr

-18

May

-18

Jun-

18

Jul-1

8

Aug

-18

Sep

-18

Oct

-18

Nov

-18

Dec

-18

Jan-

19

Feb

-19

Mar

-19

Apr

-19

May

-19

Jun-

19

Revenues Equity Raised

Revenues, 975,166

Bonuses, (1,113,934) (1,500,000)

(1,000,000)

(500,000)

-

500,000

1,000,000

1,500,000

Missed Revenue Opportunities: Current management has snatched defeat from the jaws of sales

victory time and again despite strongly positive technical assessments by potential customers.

Lack of Discipline: The company has raised nearly $90mm from angel investors who have not been

supported by an accountable board.

Terrible Management: The management

have paid themselves more in bonuses in 30

months than the firm has taken in in revenues.

Travel expenses are averaging $48,000 /

month. No new bookings or deals in the last

12 months. CEO, CRO, CTO, CFO, and CMO

all overpaid and unqualified.

8

What Problems Does Apollo Have?

Page 9: Project Apollo · The Root Cause of These Challenges 3 • The Internet was designed for ease of communication between trusted peers, not security • Engineers have been working

Stage 1: Remove board and management

October 1, 2019

Stage 2: Replace board, reduce burn, finalize plan / gain

board approval

October 31, 2019

Stage 3: Recapitalize, hire A-team, initiate plan

December 31, 2019

Stage 4: Commercialize technology: Critical

Infrastructure, Military / Government, Enterprise

2020-2022 (IPO/Exit) 2024 – US grid secured

9

Our Plan

Page 10: Project Apollo · The Root Cause of These Challenges 3 • The Internet was designed for ease of communication between trusted peers, not security • Engineers have been working

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Dixon Doll, Jr.: Co-founder of DCM

Ventures (TenEleven); CEO of dbmCloud

Mack Treece: former CEO of Viridity

(acquired by Ormat), Braemar Energy

Ventures

David Knight: Federos CEO, former VP

and GM of Public Sector Applications at

Motorola

Steven Frank: Ex-Navy pilot, Morgan

Stanley M&A, IPO, LBO banker

Sergio Pessoa: EVP of Strategy, Federos

Board Candidates

Bob Twitchell: Apollo founder and patent-

holder

Tom Williams: Former Cybersecurity

Architect at CAISO, now with WECC

Khanh Mai: Former VP of Research for

Apollo and co-author of several Apollo

patents

Mark Petri: Argonne National Laboratory

Director of Grid Resiliency

Technical Advisory Board

Joe O’Brien: Founder of alkeme

consultancy, familiar with Apollo’s

shareholder base

Erik Kobayashi-Solomon: Founder of IOI

Capital, former semiconductor analyst.

Top-level understanding of Apollo’s tech

John Nguyen: Apollo Employee #1,

former VP of Cloud Infrastructure,

Manager of R&D, Director of QA, and

Director of IT

Takeover Team

Our Team

Thea Roberti: Digital ecosystem analyst,

Palo Alto Networks consultant

Mike Kowalchik: Senior Financial

Manager, Verizon; Senior Business

Analyst, Apollo

Tom McKittrick: Founder / CEO of Do

Diligence

Consultative Team

Page 11: Project Apollo · The Root Cause of These Challenges 3 • The Internet was designed for ease of communication between trusted peers, not security • Engineers have been working

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ContactsJoe O’Brien | [email protected] | +1 513.319.9460 (m) | Investor Outreach

Erik Kobayashi-Solomon | [email protected] | +1 732.261.5022 (m) | Financial Analysis

John Nguyen | [email protected] | 678.642.6539 (m) | Technology