Elbit Systems Unveils ARCAS: AI-Powered, Computerized Solution for Assault Rifles

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Please find a press release below and pictures attached by Elbit Systems, dated 9.9.2021:
Elbit Systems Unveils ARCAS: AI-Powered, Computerized Solution for Assault Rifles

The innovative system transforms assault rifles into digital networked combat machines

Haifa, Israel, September 9, 2021 - Elbit Systems<http://www.elbitsystems.com> announced today the unveiling of the ARCAS<https://elbitsystems.com/product/arcas/>, a built-in computerized Artificial Intelligence (AI) powered system that interfaces with the rifle's Electro-Optical (EO) sight, with a helmet mounted eyepiece and with the rifle's assemblies, providing soldiers with real-time intuitive actionable combat information. ARCAS transforms assault rifles into digital, networked combat machines enabling a step change in the lethality, mission effectiveness and survivability of dismounted soldiers in both day and night.

ARCAS provides infantry and Special Operation warriors with combat capabilities that were not available for them before, including: passive range measurement, automatic ballistic correction, detection of fire sources, video motion detection, the ability to shoot around the corner and from the hip, interface with tactical Command and Control (C2), navigation assistance, friend or foe identification, tracking of stoppage and ammunition and weapon zeroing without the need for live fire.

An AI-powered computer is integrated into the assault rifle's forward grip, running innovative software and a range of applications. The miniaturized computer unit receives and processes data collected from the soldier's field of view (as perceived by the EO sight), tactical information from C2 systems, data from other ARCAS users in the team and the rifle's mechanical information. The combat information is presented to the soldier as an intuitive augmented reality layer on top of the scenery that is seen through the EO sight or the helmet mounted eyepiece. Soldiers operate the system using a joystick button placed on the rifle's forward grip and a Graphical User Interface inspired by the gaming world.

Oren Sabag, General Manager, Elbit Systems ISTAR, commented: 'ARCAS is another important building block in our advanced portfolio of solutions for dismounted soldiers. The development of this new solution is part of our continuous effort and R&D investments aimed at enabling a step-change in the effectiveness and survivability of infantry and Special Forces'.

Designed in an open architecture approach, ARCAS has two configurations. It can include a thermal or low light sight as part of the system, and is capable of interfacing to any existing EO sight. ARCAS can run additional and third party applications depending on the customer's operational needs and requirements.

About Elbit Systems
Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land, and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance ('C4ISR'), unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios, cyber-based systems and munitions. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services, including training and simulation systems. For additional information, visit: https://elbitsystems.com/, follow us on Twitter<https://twitter.com/ElbitSystemsLtd> or visit our official Facebook<https://www.facebook.com/elbitsystemsltd/>, YouTube<https://www.youtube.com/c/elbitsystems> and LinkedIn<https://www.linkedin.com/company/elbitsystems/> Channels.

Visit our Press Relations<https://www.elbitsystems.com/elbitpr/> website for background materials and information regarding Elbit Systems fields of activity.

David Vaaknin
Vice President, Head of Corporate Communications
Tel: 972-77-2946691
Cell: 972-52-8000403
E-Mail: [email protected]

Dana Tal-Noyman
Manager International Corporate Communications
Tel: 972-77-294-8809
Cell: 972-54-9998809
E-Mail: [email protected]

This press release may contain forward‑looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended and the Israeli Securities Law, 1968) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current facts. Forward-looking statements are based on management's current expectations, estimates, projections and assumptions about future events. Forward‑looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions about the Company, which are difficult to predict, including projections of the Company's future financial results, its anticipated growth strategies and anticipated trends in its business. Therefore, actual future results, performance and trends may differ materially from these forward‑looking statements due to a variety of factors, including, without limitation: scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which the Company operates or sells, including Israel and the United States among others; changes in global health and macro-economic conditions; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; changes in the competitive environment; and the outcome of legal and/or regulatory proceedings. The factors listed above are not all-inclusive, and further information is contained in Elbit Systems Ltd.'s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward‑looking statements speak only as of the date of this release. Although the Company believes the expectations reflected in the forward-looking statements contained herein are reasonable, it cannot guarantee future results, level of activity, performance or achievements. Moreover, neither the Company nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. The Company does not undertake to update its forward-looking statements.

Elbit Systems Ltd., its logo, brand, product, service and process names appearing in this Press Release are the trademarks or service marks of Elbit Systems Ltd. or its affiliated companies. All other brand, product, service and process names appearing are the trademarks of their respective holders. Reference to or use of a product, service or process other than those of Elbit Systems Ltd. does not imply recommendation, approval, affiliation or sponsorship of that product, service or process by Elbit Systems Ltd. Nothing contained herein shall be construed as conferring by implication, estoppel or otherwise any license or right under any patent, copyright, trademark or other intellectual property right of Elbit Systems Ltd. or any third party, except as expressly granted herein.

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