先进制造业月度更新——2023年8月

Advanced Manufacturing Industry Update | August 2023 www.cascadiacapital.comMember FINRAandSIPCAUSTIN | CONNECTICUT | LOS ANGELES | MINNEAPOLIS | NASHVILLE | SEATTLE Advanced Manufacturing Industry Update Overview CONTENTS Introduction ▪Cascadia Capital Overview▪Key Trends▪Key Statistics▪What We’re Reading▪Historical Trading Statistics▪Public Comparables▪Select M&A Activity▪Industry Events CascadiaCapitalisateamoftransparent,client-focused,trustedadvisorswithdeepexpertiseinabroadrangeofindustries.We’redifferentfrommostinvestmentbanksbecausewe’renotconflictedbytrading,lending,researchorcross-sellingbusiness.Wepartner with our clients to deliver results based on our domain expertise,transactionexperience,andcommitmenttolong-termrelationships.CascadiaCapitaloffersa level of expertise and customization clients won’t find elsewhere.Ourplatformoffers a level of experience,sub-vertical industry expertise,andcustomizationdeliveredonanintegratedteambasistooptimizeoutcomesforourclients.We have provided our services to leading private equity firms andextraordinarybusiness owners for over 20 years.With bankers across multipleindustryverticals,CascadiaCapitalhastheexperiencetoofferindustrybreadthwhilemaintainingsectordepth.Ourindustry-focusedbankersareexpertsintheirfieldanddelivertailoredadviceandsolutionstosuittheuniqueneedsofourclients.Oursectorspecialistsstayontopofmarkettrends,risksandopportunitieswhichmakesusavaluableandtrustedadvisortoourclients. KevinFrischleadstheAdvancedManufacturingpracticeatCascadiaCapital.Kevinhasover25yearsofexperienceworkingwithcompaniesacrossIndustry4.0andisaregularspeakeratindustryevents.Hewasoneofthefirstbankerscoveringthissectorandisinclosecontactwithstrategicandfinancialinvestorsinthespace. Principal Sector Focus CONTACTS Kevin FrischGroup Head, Managing Directorkfrisch@cascadiacapital.com+1 (917) 584-7803 Tyler MillerAssociatetmiller@cascadiacapital.com+1(323) 486-8121 Joe CornerSenior Analystjcorner@cascadiacapital.com+1 (206) 436-2517 Advanced Manufacturing Industry Update Advanced Manufacturing Industry Update Key Statistics Manufacturing Data Advanced Manufacturing Industry Update What We’re Reading Australia to buy 20 Hercules military transport planes in $6.6 billion deal Reuters–July 2023 Australia said it would spend A$9.8 billion ($6.60 billion) to buy 20 new Super Hercules military transport aircraft, ahead ofa visit by U.S. Secretary of State Antony Blinken and Defense Secretary Lloyd Austin. The U.S. State Departmentapproved the sale of the aircraft in November, manufactured by Lockheed Martin and other related equipment in Australia. Read the full articlehere Amazon builds $120 million satellite processing hub in Florida Reuters–July 2023 Amazon is building a $120 million processing facility at NASA's Kennedy Space Center in Florida for its thousands ofplanned Kuiper internet satellites. The 100,000 square-foot building is part of the roughly $10 billion that Amazon hasvowed to invest in its Kuiper project, a planned network of 3,200 low Earth-orbiting satellites designed to beam broadbandinternet globally. Read the full articlehere 3D Systems increases offer for Stratasys Metal AM–July 2023 3D Systems has announced a further enhanced offer to combine with Stratasys Ltd, following its initial bids in May andJune being rejected. Under the revised offer, 3D Systems stated that each Stratasys share would convert into $7.50 incash and 1.5444 shares of the combined company, representing ownership by the Stratasys shareholders of approximately44% of the combined company in addition to the approximately $540 million being offered. Read the full articlehere U.S. cutting tool consumption shows resilience with 10.8% increase SME–July 2023 The U.S. cutting tool industry demonstrated resilience in May 2023, as reported by the U.S. Cutting Tool Institute (USCTI)and The Association for Manufacturing Technology (AMT). With a total consumption of $210.6 million, the figures reveal a10.8% growth from April and a substantial 20% increase compared to May 2022. These positive numbers indicate apromising trend for metal-cutting production despite market hesitancy towards new projects. Read the full articlehere Collins Aerospace unveils $14 million expansion of additive manufacturing center SME–July 2023 Collins Aerospace, a subsidiary of RTX (NYSE: RTX), announced yesterday a $14 million expansion at its additivemanufacturing center in West Des Moines, Iowa. The newly expanded facility spans 9,000 square feet and will housecutting-edge 3D metal printers, significantly bolstering the company's additive manufacturing capabilities. Read the full articlehere Advanced Manufacturing Industry Update Advanced Manufacturing–Historical Trading Statistics Advanced Manufacturing Industry Update Summary of Advanced Manufacturing Valuations Advanced Manufacturing Public Comparables Advanced Manufacturing Industry Update Advanced Manufacturing Public Comparabl