Slide 1: Financial Results Q2 2026
FINANCIAL RESULTS Q2 2026 08.11.2026
Slide 2: Disclaimer
DISCLAIMER Cautionary Note Regarding Forward-Looking Statements Free Cash Flow This presentation contains forward-looking statements (including within the meaning of Section 21E of the United States Securities Exchange Act of We define Free Cash Flow as net cash used in operating activities, adjuste
Slide 3: Second Quarter Highlights
SECOND QUARTER HIGHLIGHTS Flight 8 is in final Delivering for NASA’s integration; Flights 9 & Moon Base with reliable 10 & 11 are flowing landers and orbiters through production 6 Moon Missions Awarded To Date Flight 8 Preparing For Launch Image: U.S. Air Force Won $94M Ground-Based Radar Digitizati
Slide 4: The Full-Service Space and Defense Company
THE FULL-SERVICE SPACE AND DEFENSE COMPANY SPACECRAFT LAUNCH Science missions on the Space domain awareness AI-powered defense Tactically responsive launch Commercial Moon and Mars software constellations Long-haul Dedicated satellite Rover & payload delivery Missile warning & trac
Slide 5: Spacecraft
SPACECRAFT $144M ACCELERATED LANDING CONTRACT NASA awarded CLPS 1.0 contract for a rapid Blue Ghost Moon Lunar Lander mission ≫ Goal is to demonstrate repeatable lunar access on an accelerated timeline ≫ Returning to the Moon’s near side with near build-to-print lander design ≫ Brings our total upco
Slide 6: Industry Leading Six Moon Missions Won
INDUSTRY LEADING SIX MOON MISSIONS WON Mission Near Side Far Side Gruithuisen Domes South Pole Accelerated Near Side MoonFall Launch Completed 2025 NET 2027 NET 2028 NET 2029 NET 2028 NET 2028 Spacecraft Blue Ghost Blue Ghost & Elytra Blue Ghost & Elytra Blue Ghost & Elytra Blue Ghost Elytra 1 rover
Slide 7: Spacecraft
SPACECRAFT NASA’s MoonFall Mission MOONFALL CONTRACT Elytra supporting a flagship mission for NASA’s Jet Propulsion Laboratory Delivering four JPL drones to lunar orbit in 2028 ≫ Spacecraft hosts up to 1,000 kilograms of payload ≫ Deploying drones to the South Pole DIU SINEQUONE PROGRESS Providing s
Slide 8: Spacecraft
SPACECRAFT AIR FORCE CBC2 CONTRACT OPTION Awarded a U.S. Air Force contract option worth $5.5 million under the Cloud-Based Command and Control (CBC2) program ≫ SciTec will deliver the operational data fusion system for CBC2 ≫ Completed a multi-year competition against multiple industry and governme
Slide 9: Launch
LAUNCH FLIGHT 8 PREPARING TO SHIP Final integration underway as vehicle prepares for acceptance testing before delivery to Vandenberg ≫ Rating up Alpha Block II production focusing on safety, quality, and reliability LOCKHEED MARTIN EXTENDS CONTRACT Two-year extension to Alpha multi-launch agreement
Slide 10: Launch
LAUNCH RAMPED UP PRODUCTION Increasing Alpha Block II production with optimized assembly line practices ≫ Co-located engineering, manufacturing, integration, and testing Increased overall production Reaver Chambers In Production throughput between May and August ≫ Optimized AFP machine driving impro
Slide 11: Launch
LAUNCH MIRANDA HITS 150 HOT FIRES Flight-like Mission Duty Cycle (MDC) test fire completed ≫ Hot fire test of 226 seconds completed both power ratio and mixture ratio sweeps Miranda qualification test campaign imminent ≫ Recent tests demonstrated performance needed to meet the range of stress requir
Slide 12: Q2 2026 Financial Results
Q2 2026 FINANCIAL RESULTS Year-over-Year Q2 Revenue Quarterly Revenue Growth (in millions) $120 $117.7 $120 $90 $117.7 $60 659% $100 $30 $80.9 $15.5 $80 $0 Q2 2025 Q2 2026 (in millions) $57.7 $60 Quarter-over-Quarter Revenue $40 $120 $30.8 $90 $15.5 $20 $80.9 $117.7 $60 46% $30 $0 Q2 2025 Q3 2025 Q4
Slide 13: 2026 Outlook
2026 OUTLOOK 2026 Annual Revenue $420 MILLION - $450 MILLION Q2 2026 Financial Results 13
Slide 14: Upcoming Investor Events
UPCOMING INVESTOR EVENTS SEPTEMBER Jefferies Industrials Conference ≫ Sept. 9-10 New York, NY World Space Business Week ≫ Sept. 14-15 Paris, France Morgan Stanley Laguna Conference ≫ Sept. 16-17 Dana Point, CA Q2 2026 Financial Results 14
Slide 15: Q&A
Q&A LAUNCH LAND OPERATE Q2 2026 Financial Results 15