Teledyne Energy Systems and Vertical Partners Enter Agreement for Advanced Grade Power Solutions

Vertical Partners West and Teledyne Energy Systems Inc. (TESI) announce a collaborative agreement to serve the power needs in the emerging and rapidly growing unmanned, robotic and mission-critical portable power market.

Vertical Partners West, LLC parent company of Venom Power, a leading supplier of drone batteries and charging solutions for commercial industries, have entered into an agreement with TESI, a technology leader in the fields of electrolytic, thermoelectric, battery and fuel cell systems. As part of the agreement, TESI will support a wide variety of Vertical Partners West’s complex energy projects.

Vertical Partners West will expand its product offerings to include TESI’s current and future developed energy system technologies.

“By combining Vertical Partners West’s market and distribution strength with Teledyne Energy Systems’ technology and ability to offer challenging energy solutions we will be able to raise the level of operational performance and provide a trusted source for unmanned energy requirements,” said Mitch Icard, Teledyne Energy Systems’ Vice President and General Manager.

Vertical Partners West, LLC has been servicing the US battery market since 2001 with its Venom Power branded line of commercial, UAS batteries, charging, and battery management systems, as well as being a developer of OEM batteries for other commercial and UAS applications. TESI has been a trusted energy provider for mission-critical applications in the commercial, defense and space industries since 1968. Through this agreement between TESI and Vertical Partners West, customers will receive world-class engineering, cutting-edge technologies, and customer service.

“Teledyne Energy Systems has been at the forefront of technology for 50 years. Their work in providing innovative power solutions for the most demanding conditions is legendary. Working with such a trusted partner allows us to offer our customers an unparalleled experience and access to

technology not normally accessible to the general public,” said Keith Wallace, Vertical Partners West,

LLC President and CEO. “As our customers’ requirements become more and more complex we are excited to be able to work closely with Teledyne to offer aerospace grade solutions for their mission-critical needs.”

Together the two companies will deliver high-value solutions for large-scale operators looking to develop battery, fuel cell or hybrid energy systems. These systems will include charging and fuel development systems allowing for a complete end-to-end solution. This level of engineering was not previously available from a single supplier. This direct approach provides customers with a highly integrated system engineered specifically for their application.

About Teledyne Energy Systems

Teledyne Energy Systems is an industry leader in the fields of electrolytic, thermoelectric, and fuel cell systems. Teledyne Energy Systems provides engineering, commercial systems and advanced manufacturing solutions for harsh environments in space, defense, energy, and maritime industries. For over five decades, the company has successfully delivered innovative systems, integration, operations and technology development worldwide. For more information about Teledyne Energy Systems visit:

www.teledynees.com.

About Teledyne Technologies Incorporated

Teledyne Technologies is a leading provider of sophisticated instrumentation, digital imaging products and software, aerospace and defense electronics, and engineered systems. Teledyne Technologies’ operations are primarily located in the United States, the United Kingdom, Canada, and Western and Northern Europe.

For more information, visit Teledyne Technologies’ website at www.teledyne.com.

About Vertical Partners West, LLC

Vertical Partners West is a leader in the development, distribution, and support of batteries, battery chargers and battery management systems for the unmanned systems, robotics, and commercial markets. Vertical Partners West, LLC has been providing custom battery and charging solutions since 2001 under the industry-leading brand

Venom Power worldwide.

For more information please, visit www.vpwllc.com.

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