Momentus Inc. · NASDAQ:MNTS
Momentus — Q1 2023 Earnings Presentation
21 slides from Momentus's earnings presentation, May 11, 2023
Slide 1: Q1 2023 Business and Financial Highlights
Q1 2023 Business and Financial Highlights May 11, 2023
Slide 2: Disclaimer and Cautionary Note Regarding Forward-Looking Statements and Non-GAAP Financial Measures
2 Disclaimer and Cautionary Note Regarding Forward-Looking Statements and Non-GAAP Financial Measures
Slide 3: John Rood, CEO
| A John Rood, CEO Copyright 2023. Momentus Inc. Not Export Controlled. Any use, reproduction, or distribution without the express consent of Momentus is strictly prohibited
Slide 4: Advancing on our Mission
Advancing on our Mission Flight heritage, functional and operational core technology establishes competitive advantage. Growing interest from commercial and government customers expected to translate into contracts over coming months. Driving innovation to maximize our competitive edge. Veteran lead
Slide 5: Vigoride-6 and Vigoride-3 missions
WW momentus VIGORIDE-6 AUNCHED APRIL 2023 SUCCESSFUL MET TESTING & ORBIT RAISE <> [HOSTED PAYLOAD eee \,. / BEPLOVED PAYLOAD VIGORIDE-3 & DEPLOYER ».. \ - LAUNCHED MAY 2022 8 PAYLOADS DEPLOYED
Slide 6: Mission Highlights
Mission Highlights Copyright 2023. Momentus Inc. Not Export Controlled. Any use, reproduction, or distribution without the express consent of Momentus is strictly prohibited. Vigoride-3 | May 2022 Deployed 8 customer satellites from the Vigoride-3 vehicle and a third party deployer. We have since co
Slide 7: MET In-Space Testing
MET In-Space Testing Copyright 2023. Momentus Inc. Not Export Controlled. Any use, reproduction, or distribution without the express consent of Momentus is strictly prohibited. Innovative, pioneering technology offers key efficiency, safety, and sustainability advantages. Competitors are using chemi
Slide 8: Customer Highlights
Customer Highlights Signed a services agreement with repeat customer, FOSSA Systems, to place its latest generation of satellites into low-Earth orbit. Signed another agreement to fly their picosatellite deployer. Signed contract with Hello Space to provide Hosted Payload Services for a deployer tha
Slide 9: Momentus Launch Schedule
Momentus Launch Schedule TRANSPORTER-9 TRANSPORTER-10 TRANSPORTER-11 TRANSPORTER-12 __ <2 October 2023. January 2024 ¥ 2024 - October 2024 : » — Pip AS . a
Slide 10: Momentus Market Opportunity
Momentus Market Opportunity 10 With satellite deployments ramping past 2,000/year, Deutsche Bank Research sees the in-space Transportation market ~doubling to: Momentus believes demand for life-extension and de-orbiting operations could approach 1,000/year or: Future Years Defense Program implies Sp
Slide 11: Staying Competitive
Staying Competitive 11 Copyright 2023. Momentus Inc. Not Export Controlled. Any use, reproduction, or distribution without the express consent of Momentus is strictly prohibited. Early mover advantage and track record of flight heritage helps build trust. Highly differentiated technology also enable
Slide 12: Momentus Investment Summary
Momentus Investment Summary Growing space economy. Favorable demand outlook for the services we provide. Competitive advantages relative to other in-space transportation and infrastructure providers. Potential for margin improvement positions Momentus well for the future. 12 MET Ground Testing View
Slide 13: Eric Williams, CFO
| A Eric Williams, CFO Pe “epyight 2023. Momentus inc. Not Export Controlled. Any use, reproduction or distribution without the express consent of Momentus is strictly prohibited
Slide 14: Q1 Financial Highlights
Q1 Financial Highlights $33 million backlog as of April 30, 2023.* Non-restricted cash and cash equivalents of $39 million as of March 31, 2023. Approximately $12 million term loan debt as of December 31, 2022. Recognized $22 thousand in revenue, which included customer deposit. Q1 loss from operati
Slide 15: Thank you!
Thank you! Pe Copyright 2023. Momentus Inc. Not Export Controlled. Any use, reproduction, or distribution without the express consent of Momentus is strictly prohibited.
Slide 16: Appendix
Appendix [| Gu A Come unre Masare) Gece Agena amb, or distribution without the express consent of Momentus is strictly prohibited
Slide 17: Q1 2022 and Q1 2023 Income Statement
17 Q1 2022 and Q1 2023 Income Statement View from Vigoride-5
Slide 18: March 31, 2023 Balance Sheet
18 March 31, 2023 Balance Sheet View from Vigoride-5
Slide 19: CY 2023 Cash Flow Statement
19 CY 2023 Cash Flow Statement View from Vigoride-5
Slide 20: CY 2023 GAAP to Non-GAAP Reconciliations
20 CY 2023 GAAP to Non-GAAP Reconciliations View from Vigoride-5
Slide 21: CY 2023 GAAP to Non-GAAP Reconciliations
21 CY 2023 GAAP to Non-GAAP Reconciliations View from Vigoride-5