Nlight, Inc. · NASDAQ:LASR
Nlight — Merger or Acquisition (November 2019)
8 slides from Nlight's merger presentation, Nov 14, 2019
Slide 1: Nutronics Acquisition Overview
Nutronics Acquisition Overview November 14, 2019
Slide 2: Safe Harbor Statement
Safe Harbor Statement Certain statements in this presentation are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Words such as “expected,” “i
Slide 3: Directed Energy Laser | Value Proposition for Defense Applications
Directed Energy Laser | Value Proposition for Defense Applications Benefits of Laser Systems • Speed of light delivery • Precision engagement • Depth of magazine • Low engagement cost Images : U.S. Navy, U.S. Army – representative applications does not imply or constitute DoD endorsement. Proprietar
Slide 4: Nutronics | Corporate Overview
Nutronics | Corporate Overview • Founded 1995 and based in Longmont, CO • Over 30 full-time employees • Key capabilities – Coherent beam combining – Beam control • Numerous programs completed with U.S. government agencies and prime contractors • Multiple directed energy program awards from U.S. gove
Slide 5: nLIGHT and Nutronics | Vertical Integration - Chip Through Beam Control
nLIGHT and Nutronics | Vertical Integration - Chip Through Beam Control Semiconductor Fiber Beam Beam Beam DE Laser Laser Laser Combining ControlBeam Director Systems Control Defense Contractors Proprietary Information | 5
Slide 6: Strategic Rationale
Strategic Rationale • Expands offering for directed energy - one of the fastest growing markets for high power lasers • Complementary strengths • nLIGHT: Leader in high-power semiconductor and fiber lasers for industrial and defense applications • Nutronics: Leader in beam combining and beam control
Slide 7: Transaction Details
Transaction Details • Consideration • $17.5M of cash consideration paid at closing • $15.8M of restricted stock units, four year vesting, awarded as part of employment agreements • nLIGHT Board approved $10M share repurchase intended to offset potential RSU dilution • Nutronics expected to add $25M
Slide 8: Nutronics
NUTRONICS