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Bridger Aerospace Group (BAER) investor relations material

Bridger Aerospace Group Canaccord Genuity’s 45th Annual Growth Conference summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Canaccord Genuity’s 45th Annual Growth Conference summary12 Aug, 2025

Company overview and market positioning

  • Headquartered in Bozeman, Montana, with a focus on aerial firefighting since 2014 and three main service offerings: suppression, surveillance, and in-house engineering.

  • Operates six of the ten Super Scooper aircraft in the US, addressing a scarcity of these assets and meeting rising wildfire demand nationwide.

  • Expanding presence in Europe by managing the return to service of four Spanish scoopers, with two already airworthy and others progressing toward certification.

  • Sees significant demand in Europe, especially in countries like Greece, Turkey, Portugal, and France, due to increased fire activity and aging fleets.

  • Multimission aircraft and proprietary software (Ignis app) provide real-time situational awareness and safety features for firefighters.

Operational performance and industry trends

  • Achieved record utilization in 2024, with aircraft deployed from February to November and high fleet usage across all service lines.

  • Shift toward year-round fire response, with federal agencies adopting early response and pre-positioning strategies for rapid deployment.

  • Guaranteed multi-year contracts and daily task orders have improved asset utilization and response times, reducing delays in aircraft dispatch.

  • Federal agencies now emphasize initial attack and early suppression, with pre-positioned scoopers able to contain fires quickly and prevent catastrophic events.

  • Enhanced use of technology, including live streaming and real-time data sharing, is transforming wildfire management and agency collaboration.

Financial developments and capital management

  • Completed a sale leaseback of Bozeman campus, generating $46 million in proceeds and reducing leverage by about 25%, with a favorable ten-year lease arrangement.

  • Ended Q2 with $17 million in cash and $18 million in receivables, with cash expected to build through the fire season and support ongoing operations and deleveraging.

  • Financial position is sufficient to maintain and upgrade the fleet, invest in software, and pursue further deleveraging.

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Next Bridger Aerospace Group earnings date

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Q3 202510 Nov, 2025
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Frequently asked questions

Bridger Aerospace Group Holdings Inc. specializes in aerial wildfire management, offering comprehensive services that include surveillance, relief, suppression, and aerial firefighting. These services are primarily provided to federal and state government agencies in the United States, including the United States Forest Service. Bridger Aerospace leverages next-generation technology and employs environmentally friendly and sustainable methods in its operations. The company's focus on innovation and sustainability positions it as a key player in managing and combating wildfires across the nation. The company is headquartered in Belgrade, Montana, and its shares are listed on the Nasdaq.

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