Talk by Luka Tomljenovic, Airbus Ventures (Silicon Valley), at Stanford Engineering on February 11 2019, Session #5: 'European Corporate Venture Capital : Aerospace & Energy'. Website: http://www.StanfordEuropreneurs.org YouTube Channel: https://www.youtube.com/user/StanfordEuropreneurs Twitter: @Europreneurs

1. S t a n f o r d S c h o o l o f E n g i n e e r i n g
F e b r u a r y 2 0 1 9
L u k a T o m l j e n o v i c , P a r t n e r
l u k a @ a i r b u s v e n t u r e s . v c

2. 2
LUKA TOMLJENOVIC
PARTNER @ AIRBUS VENTURES
• US AIR FORCE ACADEMY, BS AERO ENG
• UNIVERSITY OF NOTRE DAME, MBA
• CROATIAN AIR FORCE (FIGHTER PILOT)
• DELPHI / APTIV (CORPORATE FINANCE, M&A)

3. W E A R E W I T N E S S T O A N E W A W A K E N I N G I N A E R O S P A C E .
T H E W O R L D I S L O O K I N G U P T O T H E S K I E S A G A I N
3

4. A E R O S P A C E I N V E S T M E N T I S A C C E L E R A T I N G .
4
2009
<50 companies
<$1b investment
2018
>300 companies
>$14.8b investment (1)
(1) Cumulative non-governmental equity investment in space tech companies

5. 5
W H Y N O W ?
T E C H N O L O G Y
C A P I T A L
P U B L I C
Micro/nanoelectronics
Moore’s law
Artificial intelligence
Energy storage
Commoditization of componentry
New generation of role models
Rethinking the possible
Return to first principles
Desire for self-realization
Global and connected intelligence
Abundance of private capital
Institutional VCs eager to invest
High ROI opportunities
Catching up with innovation
Gradually embracing change
Facilitating competition
R E G U L A T I O N S

6. A I R B U S V E N T U R E S
▪ Early stage venture capital fund backed by Airbus
▪ Investing in technologies and services shaping the future of aerospace and adjacent markets
▪ Global presence
▪ Hands-on and value-adding investors

7. A I R B U S – O U R D N A
▪ From an upstart challenger of the 1970s to the world’s leading aircraft manufacturer, second largest space
company, and unrivalled helicopter market share leader
▪ Technology pioneer with numerous game changing industry “firsts”: digital fly-by-wire; twin engine widebody
aircraft; extensive use of advanced materials
▪ 50 years of technology leadership, record breaking, and relentless pursuit of excellence

8. 8
W H A T M A T T E R S I N C O R P O R A T E V E N T U R I N G
▪ Structure and operating system (VC vs. CVC)
▪ Support from the top
▪ Financial investment mindset coupled with a privileged relationship to the Mothership
▪ Clear value to portfolio companies
▪ Top notch team with diverse and relevant backgrounds

9. 9
A I R B U S V E N T U R E S P O R T F O L I O
( S U B S E T )
Autonomy
Electrification
Digital Design &
Manufacturing
Connectivity
Materials
Space
Security / Other
Opportunities
CFRI

10. S t a n f o r d S c h o o l o f E n g i n e e r i n g
F e b r u a r y 2 0 1 9
L u k a T o m l j e n o v i c , P a r t n e r
l u k a @ a i r b u s v e n t u r e s . v c