Luna Innovations, Inc. · OTC:LUNA
Luna Innovations — Investor Presentation (May 2018)
15 slides from Luna Innovations's investor presentation, May 17, 2018
Slide 1: Corporate Presentation
Corporate Presentation Scott Graeff, President and CEO May 2018
Slide 2: Safe Harbor
Safe Harbor Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 This presentation includes information that constitutes “forward-looking statements” made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995 that involve risks and
Slide 3: Luna at a glance: global fiber optic technology company
Luna is a global company providing innovative products and solutions using proprietary fiber optic technologies Incorporated 1990 IPO 2006 Reporting . Technology Development segments . Products & Licensing FY17 revenue $46.2M; Financials AEBITDA $2.5M HDQ Roanoke, VA 200+, including leading engineer
Slide 4: Luna has a clear vision and established history
Luna has a clear vision and established history Vision To be a leader in optical measurement technology that improves accuracy and precision, while reducing risk and cost, all to power growth and value for our global customers. History 1990 2006 2013 / 2014 2015 2017 2018 Incorporated IPO Divest non
Slide 5: Our customers are in capital-intensive industries
Our customers are in capital-intensive industries including aerospace, automotive & communications We use optical technology, innovation & our expertise to help customers realize 3 primary benefits: Test and measure key product components with higher precision and greater accuracy Reduce risk and co
Slide 6: We leverage four strong capabilities to deliver solutions
We leverage four strong capabilities to deliver industry-leading solutions for our customers Objective: Generate long-term shareholder value through development and commercialization of innovative technologies Applied Technology Product Commercialization VALUE Research Development Development For cu
Slide 7: Our business model accelerates bringing new products to market
Our business model accelerates the process of bringing new and innovative products to market Structural & Material Test Communications Test & Technology development, Terahertz and Deliver high-definition Measurement Optoelectronic Systems distributed strain & Design and manufacture, high temperature
Slide 8: Strong growth opportunity through Luna's fiber optic technologies
Strong growth opportunity through Luna’s fiber optic technologies (Lightwave) Luna’s fiber optic technologies are used two ways: SENSING OPTICAL TEST & MEASUREMENT Aerospace and Automotive Communications Measuring strain and temperature in Testing optical components and composites and other advanced
Slide 9: Strong growth drivers in Automotive and Aerospace
There are strong drivers of growth for our technology in Automotive and Aerospace Challenges we address Drivers for our products Instrumenting complex parts Testing requirements changing drastically Performing fatigue testing in composites with introduction of new materials and lighter-weight design
Slide 10: Two growth opportunities in the Communications market
There are two distinct growth opportunities for our technology in the Communications market Optical Fiber and short component network test development and manufacturing Silicon photonics is creating demand for Bandwidth demands continue to drive advanced test solutions double-digit connectivity grow
Slide 11: We have an extensive IP portfolio
We have an extensive IP portfolio Company wide over 200 patents issued or under application Lightwave has 112 associated patents and patent applications . 91 developed within Luna • 77 sold to and in-licensed back from Intuitive . 11 developed and licensed from Coherent (exclusive) . 10 developed an
Slide 12: Our executive team has deep expertise
Our executive team has deep expertise in innovation and commercialization Scott Graeff Dale Messick Brian Soller, Ph.D. President & CEO CFO VP & GM, Lightwave Division James Garrett, Ph.D. Jean-Pierre Maufras Margaret Murdock VP, Technology Development GM, Luna Optoelectronics GM, Terahertz Division
Slide 13: Record financial performance in 2017
We delivered record financial performance in 2017, building on several years of steady improvement Revenue (millions) Income (millions) Double-digit organic $46.2 $0.6 revenue growth year- $41.9 over-year [VALUE] Positive income from continuing operations in 20171 [VALUE] ($2.7) [VALUE] [VALUE] 2014
Slide 14: Flexible balance sheet with a strong cash position
We have a flexible balance sheet with a strong cash position $63 Million in total assets . $33 Million in cash . $44 Million in working capital Strategic investments will continue to be made . Continue to invest in the organic growth of the company • Addition of professionals to our Lightwave sales
Slide 15: Why invest in Luna?
Why invest in Luna? Proprietary, measurement technology, offering unprecedented combination of resolution, accuracy and speed Customers in attractive markets: Aerospace, Automotive, Communications, Energy and Defense Positioned to take advantage of trends such as vehicle light-weighting and increasi