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| LIDAR
System Capabilities |
Depending upon the specific requirements
of projects, one LiDAR system is capable
of surveying up to 30 million acres in a
single year. Airborne 1 recently completed
data collection of over 3,000 square miles
(1.92 million acres) in only 21 days including
adverse weather days. The company then completed
primary processing of the data within only
60 days.
The cost of purchasing a comparable system
is approximately $1.3 million dollars initially.
This cost along with the combined cost of
maintaining the system warranty and insurance
(about $150,000 per year) makes sole ownership
cost ineffective, especially since a single
owner would not maximize system capacity.
These large initial costs lead to increased
exposure to risks of obsolescence. Finally,
large learning curves exist for the collection
and processing of data.
| Disadvantages
of Purchasing Services Only |
Collection and processing fees are much
lower for those who purchase fractional
ownership, because fractional owners enjoy
preferred pricing rates for these services.
A company that is not a fractional owner
has no real control of any LiDAR assets
nor do they have guaranteed access when
they need it. This makes that company unable
to market itself and bid on projects like
a company who is an owner of LiDAR technology.
| Benefits
of Fractional Ownership |
Fractional owners have guaranteed access
to a LiDAR system operated by the most qualified
operators in the industry. Airborne 1 can
also make aircraft, operators, data processing,
training, and related resources available
to you. With guaranteed access to a LiDAR
system, your company can bid on projects
that before seemed out of reach. Additionally,
your company will enjoy preferred pricing
on data processing that will lead to a total
cost of under $1 per acre for collection
and processing.
Click here
for a detailed comparison between full turnkey
services, fractional ownership, and full
sensor ownership
| Cost
of Fractional Ownership |
Fractional pricing is predictable and easy
to understand. Simply put, there are two
basic fixed costs involved with Airborne
1’s fractional ownership. Your first
fixed cost is your initial capital outlay
or lease payments. This pays for your ownership
share in the type of LiDAR sensor you select.
Your second fixed cost is your monthly management
fee, which pays for system warranty and
insurance, among other things. That’s
it. Predictable. Affordable. Simple. |
| Costs |
Purchase Price |
Management Fee Per
Month |
| Components |
•
ALTM Acquisition |
•
All-inclusive; see
line-item details
attached |
| Determining
Factors |
•
Number of Desired
Days per Year
• Share Size |
•
Share Size |
| Payment |
•
30% of Share Price
Down • 60%
on Delivery •
10% Upon Acceptance |
•
Monthly |
| Adjustments* |
•
January 31st Annual
Increase Based on
Inflation |
•
Inflation (CPI-U)
or 3.75% |
| Recovery |
•
100% Depreciable Asset
• Repurchase
at Fair Market Value |
•
Deductible Business
Expense |
|
|
|
* Consult your tax advisor
regarding asset, use, and excise taxes for
your business.
|
| Pricing
and Service Levels |
|
| Share
|
1/16 |
1/8 |
3/16 |
1/4 |
5/16 |
3/8 |
7/16 |
1/2 |
|
|
6.25% |
12.50% |
18.75% |
25.00% |
31.25% |
37.50% |
43.75%
|
50.00%
|
|
Purchase
Price¹ (Capital) |
$96,416 |
$184,191 |
$271,068 |
$356,132 |
$439,383 |
$520,822 |
$600,448 |
$678,262 |
|
Allocated
Days/Year Including
Shipping Days |
18.75 |
37.5 |
56.25 |
75 |
93.75 |
112.5 |
131.25 |
150 |
|
Access
Opportunities per
Year |
4 |
7 |
10 |
12 |
14 |
16 |
18 |
20 |
|
Monthly
Basic Hardware Bundle
Management Fee² |
$1,256 |
$2,488 |
$3,732 |
$4,935 |
$6,167 |
$7,401 |
$8,541 |
$9,691 |
|
Warranty
Level |
Optech
Platinum |
Optech
Platinum |
Optech
Platinum |
Optech
Platinum |
Optech
Platinum |
Optech
Platinum |
Optech
Platinum |
Optech
Platinum |
|
Back-Up
System/s |
50
kHz or Better |
50
kHz or Better |
50
kHz or Better |
50
kHz or Better |
50
kHz or Better |
50
kHz or Better |
50
kHz or Better |
50
kHz or Better |
|
Estimated
After Tax Cost per
Month† - Basic
Hardware Bundle
(Includes Equipment
Cost over 5 yrs.) |
$1,901 |
$3,686 |
$5,457 |
$7,200 |
$8,914 |
$10,601 |
$12,259 |
$13,889 |
|
|
|
†Includes all fixed cost
of system acquisition and management fees
for Basic Hardware Bundle only.
†Assumes that all monthly management
fees are deductible as business expense
†Assumes 40% corporate tax rate
†Assumes 7-year straight line depreciable
asset class for laser system
¹ Total acquisition cost includes shared
proportion of initial system warranty of $125,000/year,
plus 1 REALM Post-Processing Key
² Monthly management fee includes system
insurance, U.S. State Department licensure,
overhead expenses, and extended system warranty
|
| Monthly
Management Fee Breakdown |
|
• Basic Hardware
Bundle Only
|
Fixed
Costs |
1/16 |
1/8 |
3/16 |
1/4 |
5/16 |
3/8 |
7/16 |
1/2 |
|
System
Warranty at $125,000/yr.
per person |
$703 |
$1,406 |
$2,109 |
$2,813 |
$3,516 |
$4,219 |
$4,922 |
$5,625 |
|
System
Insurance |
$152 |
$297 |
$446 |
$583 |
$728 |
$874 |
$994 |
$1,117 |
|
Administrative,
Logistic, Legal,
SG&A, &
IT/MIS |
|
Logistics
& Planning |
$328 |
$642 |
$963 |
$1,259 |
$1,573 |
$1,888 |
$2,148 |
$2,413 |
|
Legal,
Except Export Licensing |
$73 |
$143 |
$214 |
$280 |
$350 |
$420 |
$477 |
$536 |
|
Total
Basic Equipment
Package Costs |
$1,256 |
$2,488 |
$3,732 |
$4,935 |
$6,167 |
$7,401 |
$8,541 |
$9,691 |
|
|
|
|
• Optional
Additional Services
|
Fixed
Costs |
1/16 |
1/8 |
3/16 |
1/4 |
5/16 |
3/8 |
7/16 |
1/2 |
|
Operator
Costs, Including
all Airfares + T&L |
$1,512 |
$2,965 |
$4,447 |
$5,809 |
$7,261 |
$8,714 |
$9,913 |
$11,138 |
|
Calibrations,
Testing & Local
Maintenance |
$341 |
$668 |
$1,002 |
$1,309 |
$1,636 |
$1,964 |
$2,234 |
$2,510 |
|
Hangar
Costs |
$111 |
$217 |
$326 |
$425 |
$532 |
$638 |
$726 |
$816 |
|
Administrative,
Logistic, Legal,
SG&A, &
IT/MIS |
|
Management |
$291 |
$571 |
$856 |
$1,119 |
$1,398 |
$1,678 |
$1,909 |
$2,145 |
|
SG&A,
for all Above Optional
Items |
$291 |
$571 |
$856 |
$1,119 |
$1,398 |
$1,678 |
$1,909 |
$2,145 |
|
IT/MIS,
Including Scheduler
& GPS Tracking |
$182 |
$357 |
$535 |
$699 |
$874 |
$1,049 |
$1,193 |
$1,341 |
|
Total
Fixed & Administrative
Optional Costs |
$2,728 |
$5,349 |
$8,022 |
$10,480 |
$13,099 |
$15,721 |
$17,884 |
$20,095 |
|
Variable
Costs |
|
Aircraft²,
Typical Fixed Wing
Hourly |
$495 |
$495 |
$495 |
$495 |
$495 |
$495 |
$495 |
$495 |
|
|
|
¹ Optional fees applicable
if Airborne 1 is requested or required to
perform these functions. If “à
la carte as needed”, the management
labor will be billed at $100/hr.
² Occupied flight hour fee only where
A1 provides aircraft and pilot for ferry and
survey. Up to $250/day additional possible
for pilot T&L. |
For
more information about Airborne 1’s
Fractional Ownership Plan, please contact
us by phone at (310) 414-7400, by e-mail
at fractional@airborne1.com,
or fill out our Contact
Form. |
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