Louie DiPalma

Jason listed the Motorola effect: brand equity, international installed base, doubled sales force, government affairs, and supply-chain scale; expects a similar path for D-Fend.

Jason framed D-Series as a slow-moving multiyear driver (40+ statewide networks, refreshing into the 2030s), confirming it is a positive catalyst for next year too.

Jason confirmed guidance raise from mix of international and unmanned systems. Greg visited Anduril leadership and found approximately two thirds of Anduril products incorporate Silvus radios. Seeking to deepen relationship with Anduril. Loitering munitions typically use lower-tier radios but broader platform integration is strong.

Greg emphasized AI-driven analytics beyond camera density. Unity on-prem had a really good Q4. Camera deployments up slightly in 2025 with better 2026 expected. Jason noted 10-11% video guide includes continued cloud acceleration. Mahesh highlighted generative AI enabling safety and compliance use cases beyond traditional security.

Jack confirmed Silvus will be key part of NGC2 architecture with both Anduril and Lockheed. Working with both Anduril and Rivet on Soldier Borne Mission Command. AeroVironment using Streamcaster for Switchblade 400. Also piloting with integrators on Germany's Bundeswehr DLBL project.

Mahesh said LEO support through base stations for redundancy and high-bandwidth connectivity. Having conversations with all appropriate LEO providers but didn't name specific partners.

Mahesh noted near-term limitation is licensed spectrum availability for DFR in North America. Focus on RF drone detection via spectrum monitoring in the interim. Some public safety agencies have spectrum waivers.

Greg highlighted BRINC as leading DFR provider, all US-made. Capabilities beyond competitive drones including EpiPen/Narcan delivery. Sharp increase in FAA DFR waivers. Integrating with Assist.

Mahesh cited decades of audio heritage, microphone diaphragm design expertise, and AI-powered ambient noise cancellation. AI can now parse human speech from noise at unprecedented levels.

Mahesh confirmed using Anthropic Claude. Focus on safety safeguards that open-source LLMs don't support. Domain knowledge applied for cognitive psychology elements in report authoring.

Mahesh confirmed AI used for background noise cancellation, audio codec improvement, and beam steering across multiple microphones on RSMs.

Mahesh noted 90%+ cameras already have edge AI. Planning generative AI for radios building on Vicky assistant and APX NEXT audio quality. Audio quality is key strength.

Jack confirmed state and local funding as good as two years ago when Greg called it the strongest ever. Pipeline strong, quoting activity up substantially YoY.

Scott reaffirmed the goal of approaching $1B in the first full year of commercial service, with government up to half, subject to launch timing.

Scott targeted consumer capability later in 2026 but deferred go-to-market timing to carriers; ~25 satellites gives about half-day coverage.

Abel said peak versus average is application-dependent but larger BB6/9/10 roughly double the ~99 Mbps disclosed that morning.

Abel framed Globalstar-type capacity as SOS/emergency, arguing AST's broadband spectrum position keeps it well ahead of the competitive landscape.

Scott sized the contracted-backlog contribution to any single year at roughly $100M-$300M, a minority of the $1.2B backlog, with the rest usage-driven.

Scott confirmed ~25 satellites is a fair proxy (plus or minus) to support North American beta trials in 2026.

Bell directly confirmed the prime-to-sub transition on MACH-TB 2.0 while noting ceiling remaining on 1.0 and significant work share as sub to Kratos.

Bell confirmed Enduring Shield can be deployed domestically or internationally and is central to their IRON DOME value proposition.

Bell declined to quantify protests but confirmed the specific classified contract has not been adjudicated and is not in backlog.