Vann Rogerson, President/CEO March 19, 2013 ’s Northeast Region

Tourism & Economic Development for the 16 Counties in the Northeast Opportunities for our Future Economy Today’s Topics

• Logistics Opportunities

• Three Economic Clusters •Heritage Tourism •Aerospace •Marine LOGISTICS Cargo Terminals Harbor NNMT Future CIMT NIT

APM Terminals

PMT APMT

• APMT – 1.25 M TEU +/- capacity – 855,000 TEU estimated for 2012 • APMT II • Open in 2016/2017 • 1.1 M TEU +/- capacity • $250 M +/- Cargo Terminals Hampton Roads Harbor NNMT Future CIMT NIT

APM Terminals

PMT Future Craney Island Marine Terminal

Phase 1 – June 2025 Total Acreage: 220 Pier Length: 3000 ft. Depth: 52 ft. Cranes: 6 Capacity: 1.5M TEUs Cost: $1.2B 2012 Metrics

• 2nd Best Year in the Port’s History • 2.1 million TEUs • 2012 – Fastest Growing Port on East Coast 9.8% is better than Savannah, Charleston, or NY • New intermodal rail service to and from Greensboro, NC, (via Norfolk Southern) was launched in 2012 • Panama Canal Expansion will be complete 2015. Already handling large ships via Suez Canal • 163 Ships with +10,000 TEU capacity are on the seas today – 120 new ships have been ordered

InterCoastal Waterway Freeway An Opportunity ? • Formalized NC-Va Port Relationship • Negotiated barging to/from specialty port locations in Va/NC • Additional federal dollars for dredging based on additional commercial barge traffic • Result: an improved waterway for our recreational fishermen Issue of Port Privatization

• To privatize, or not to privatize …at the March 26 Board meeting

• If privatized – expect 6-12 months of direct negotiations with APM Terminals, J.P. Morgan, or both simultaneously.

• If privatized, would shift from an operating port model to a landlord port model

High Speed Rail

• Richmond to Norfolk

• Future passenger rail to the ?

Critical Highway Corridor Completions

• Highways 17 & 64

• Hwy 17 - Backbone for our 40 county Eastern Heritage Corridor. Branding Eastern NC to foreign travelers

• Critical routes for access to the

• Critical for new southern route from Hampton Roads to I-95

I-44 CLUSTERS 40 County Heritage Corridor

Consultant Feasibility Study Shows Region Would Qualify as a Federal Heritage Area Next Steps

• Pursue a Federal Heritage Designation

• Develop a Business Plan

• Catalog our natural, historic, and cultural assets

AEROSPACE Innovation Creating Jobs Aerospace & Aviation Workforce Experienced Workforce

+13,000 military service members retiring and transitioning to our regional workforce annually

Out Commuters to Virginia

16,000 workers Travel to SE Virginia Daily Unmanned Aircraft Systems

Kyle Snyder NGAT Center Director 919-515-8623 (office) 919-234-7998 (mobile) [email protected]

Vireo™ UAS Backpack-portable aerial imagery

Micro Gimbal ISR Payload

Ideal missions • Swappable 360˚ Stabilized EO and IR gimbal modules • Automatic moving target tracking • Squad-level surveillance • 720p HD EO option available, SWIR imagers available • Urban operations • Ultra-portable, single person operation • Rapid reaction • Autonomous hand-launch, precision recovery • Aerial survey • Rugged composite construction for durability • Crime scene reconstruction • Excellent wind tolerance to 30+ knots • Law Enforcement • Spectrum-efficient encrypted full digital data link • First Responders • Low operating and sustainment costs Cost Comparison

Bell 407 United Technologies Vireo UAS Purchase Price - $3.2 Million Purchase Price $60-$90 thousand Operating Cost per Hour - $750.00 Operating Cost per Hour - $10.00 Crew – Specialized Pilots Crew- UAS Training Storage- Hangar Storage – Automobile Trunk Fuel – Jet A1, 46gph @ $5.60 Fuel – Rechargeable Battery

Vireo™ UAS System Components System composition fully customizable to customer needs

Ground Comms subsystem with antenna, tripod GCS Power/Data Hub AV 2 Battery GCS Tablet Charger AV 1 Additional micro Vireo™ air vehicle gimbal with battery & payloads payload installed, All components shown Carry case pack into Rugged Transport Case for FSK transport, storage or shipping

Spare air vehicle GCS carry case batteries

29 Area Under Consideration (Not yet FAA Approved)

 NOTAM – 7W6 Unmanned aircraft operations on and NW of airport  Contact MCAS Cherry Point Approach on 124.1 for advisories  Monitor CTAF/Unicom 121.7 for real-time activity Future Agricultural Applications

• Crops – Aerial Application – Crop Health Monitoring • Infestation BOSH Condor • Ripeness • Herd management – Measure forage density – Count livestock and patrol large area farms. – Detect diseases and outbreaks of diseases with thermal imaging Agricultural Imagery

soybeans

Reflected infrared is more reliable in monitorin g plant health potatoes than the reflected green (Normalized Difference Vegetation Index) wavelengt hs Healthy Stressed Bare Soil

PLANS

• FAA “Test Range” RFP

• First COA Approved By FAA

• Ag COA – Research flights begin in April, 2013 Marine Cluster Development

Southern Diesel Englehard Marine Park

Southern Diesel – Hyde $350,000 / 5 Employees

Department of Commerce’s Wanchese Seafood Park (Dare Co.) Perquimans County Marine Industrial Park GunBoat Wanchese Seafood Park (Dare Co.) $1.8 million / 71 Employees Vann Rogerson, President/CEO