Slide 1: The Future of Autonomy in 2030 - Q1 2022 Earnings
v Radar Revolution. Delivered. v v The Future of Autonomy in 2030 Q1 2022 Earnings
Slide 2: Disclaimer
Disclaimer v This presentation contains certain “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, both as amended by the Private Securities Litigation Reform Act of 1995. The words “expect,” “believe,” “estimate,” “intend,” “plan,”
Slide 3: Hyundai Mobis Pilot
Hyundai Mobis Pilot v A leading car manufacturer One of Arbe’s early investors v v Held a PoC, testing the safety enhancements introduced by our next generation radar. 3
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Slide 5: Customer Engagements
Customer Engagements v Increase in Engagements Engagements Summary 15 5 from 30 35 to Passenger vehicles RoboTaxi v v 5 5 Trucks and heavy Non-automotive machinery OEMs Level 2+ New Mobility Players Level 4 3 2 Delivery robots Perception 5
Slide 6: Tier 1 - Q1 Progress
Tier 1 - Q1 Progress v Tier 1s develop radar systems based on Arbe’s chipset: 5 RFPs & RFQs Submitted by tier 1s v v Committing to supply customers with 400K to 1M Systems / per year 6
Slide 7: Leadership Team New Members
Leadership Team New Members v Thilo Koslowski , Board Member, Arbe Previous positions: Porsche Digital | Founder and CEO Gartner Group | Head of Smart Mobility Unit Alex Hitzinger , Board Member, Arbe Previous positions: v v VW Group | Senior Vice President of Autonomous Driving VW Commercial Vehicl
Slide 8: Product Progress | Free Space Mapping
Product Progress | Free Space Mapping v v v 8
Slide 9: Product Progress | Final RF Chipset Production Configuration
Product Progress | Final RF Chipset Production Configuration v Increasing two-wheeler detection range to 350m v v Increasing vehicle detection range to 800m 9
Slide 10: Market Recognition
Market Recognition v v v Tech.AD 2022 CES 2022 Won 1st Place Award Innovation Awards in the category of Honoree for the Phoenix Sensor Perception Perception Radar 10
Slide 11: On The Right Path
On The Right Path v v v We are confident in our leadership role in the evolution of the industry 1111
Slide 12: Financial Results Q1 2022
v Radar Revolution. Delivered. v v Financial Results Q1 2022 12
Slide 13: Revenue
Revenue v Revenue ($M) Gross Margin 0.9 56.1% 0.6 v v 44.3% Q1 2021 Q1 2022 Q1 2021 Q1 2022 13
Slide 14: Profitability
Profitability v Expenses ($M) Net Loss ($M) Adjusted EBITDA ($M)* Includes Includes 11.1 $14.1M ($2.8M) financial financial -2.7 expenses income -3.3 -3.7 -4.1 -7.9 v v -6.4 -8 -8.6 4.5 7.8 -18.4 -12 3.7 Q1 2021 Q1 2022 Q1 2021 Q1 2022 Q2.20 Q3.20 Q4.20 Q1.21 Q2.21 Q3.21 Q4.21 Q1.22 R&D 14
Slide 15: Balance Sheet | March 31, 2022
Balance Sheet | March 31, 2022 v $ 87.3M v v Cash and cash equivalents 15
Slide 16: Guidance
Guidance v 7 11M $ M- Revenue On track to reach our $312M Heavily weighted towards the end of 2022 v v revenue goal for 2025 ($ 34M)-($38M) Adjusted EBITDA 16
Slide 17: Thank You
v Radar Revolution. Delivered. Thank v v You investors@arberobotics.com