Meta Materials Inc. · OTC:MMATQ
Meta Materials — Investor Presentation (May 2021)
24 slides from Meta Materials's investor presentation, May 31, 2021
Slide 1: Go Beyond. CSE:MMAT May 2021
METAR Go Beyond. CSE:MMAT MAY 2021
Slide 2: Forward Looking Statements
Forward Looking Statements This Presentation includes forward-looking information within the proposed transaction with Torchlight Energy Resources Inc., meaning of Canadian securities laws and within the meaning of approval of the transaction and continued listing by the NASDAQ Section 21E of the Se
Slide 3: Pending Transaction with Torchlight Energy Resources
Pending Transaction with Torchlight Energy Resources ▪ Reverse takeover of Torchlight (NASDAQ: TRCH, a U.S.-listed public company) by META (CSE: MMAT, a Canadian-listed public company), by way of a Plan of Arrangement. ▪ Torchlight’s pre-Arrangement stockholders will own approximately 25.0% of the n
Slide 4: Solutions for everyday life
Solutions for everyday life META delivers breakthrough performance, across a range of applications and industries, by designing, developing and manufacturing sustainable, highly-functional materials. 4
Slide 5: The Birth of the Digital Age
The Birth of the Digital Age Almost every great advancement in technology can be attributed to a breakthrough in material science: stone age => bronze age => iron age => => => silicon age Electronics THEN... Electronics NOW... In 1956, the Nobel Prize in Physics was awarded jointly to Shockley, Bard
Slide 6: Enabling the 21st Century Age of Invisible Materials
Enabling the 21st Century “Age of Invisible Materials” Échelette DOE Blazed binary grating Geometric Phase Mie resonators High performance Light field Concept of META META (1970’s) (1998) (2001) (2014) (2016) (2019) Invisibility (2020) (2020) Laboratory Scale Production Scale What are Metamaterials?
Slide 7: Market Opportunity Driven by Several Megatrends
Market Opportunity Driven by Several Megatrends ▪ 5G Infrastructure: rollout requires new materials for Metamaterials Market Forecast transparent antennas and reflectors US$ Millions (Source: LUX Research) ▪ Vehicle Electrification: $12,000 seismic shift toward EV, ADAS (advanced driver $10,000 assi
Slide 8: Transparent Passive 5G Reflector
Transparent Passive 5G Reflector Transparent Window Film Transforms Outdoor 5G Coverage PROBLEM: Highest-speed 5G signals need line of sight, requiring placement of many small cells SOLUTION: META’s passive transparent window film reflects signal to Transparent cover dead zones Window Film MEGA TREN
Slide 9: Invisible Antenna Enhances Indoor 5G and Digital TV Reception
Invisible Antenna Enhances Indoor 5G and Digital TV Reception Window Film Enhances Signal Penetration Through Glass PROBLEM: 5G signals don’t penetrate glass, buildings, requiring installation of internal networks SOLUTION: META’s passive transparent window film passes through 5G and Digital TV sign
Slide 10: LIDAR Protection: De-Ice/De-Fog + EMI Shielding
LIDAR Protection: De-Ice/De-Fog + EMI Shielding Nano-Heater to Protect Sensors Transparent to RADAR and LIDAR Simultaneously PROBLEM: ADAS and Autonomous vehicles depend on an array of cameras and sensors to “see” and understand their surroundings SOLUTION: META NANOWEB® transparent conductive film
Slide 11: NANOWEB: Transparent Sensors and 5G Antennas
NANOWEB®: Transparent Sensors and 5G Antennas META Transparent 5G Antenna COMPETITIVE ADVANTAGES ▪ META’s lithography capability enables fabrication of sensors & antennas completely invisible to the human eye ▪ META’s touch sensors and transparent 5G antennas can be integrated into smartphone displa
Slide 12: Solar Energy – Lighter Weight, Higher Efficiency
Solar Energy – Lighter Weight, Higher Efficiency Ultra-Thin, Light and Flexible Increases Solar Cell Efficiency - Ideal for the transportation industry - Traps light that would otherwise be - Adds onboard power, charging reflected, increases absorption Over $5Bn of Total Addressable Market Angular A
Slide 13: metaFUSION Integrates AR with Prescription Lenses
metaFUSION™ Integrates AR with Prescription Lenses • metaFUSION™ integrates optical elements for AR (augmented reality) combined with lens casting technology developed by Interglass Technology AG • META acquired assets & IP of Swiss lens manufacturer Interglass, 35 patents, trademarks and trade secr
Slide 14: Medical Applications: Mid- to Long-Term Potential
Medical Applications: Mid- to Long-Term (2-7yrs) Potential Functional metamaterials for Health and Wellness market – Licensing/Project Financing opportunities Image Enhancement Sensor enhancement MRI Medical Imaging Early-Stage Breast Cancer Non-Invasive Glucometer Molecular Biosensor MRI Imaging wi
Slide 15: Solving Global Challenges Together With OEM Partners And Customers
Solving Global Challenges Together With OEM Partners And Customers Select Targeted Co-Development Partners and Customers in Automotive, Medical, Aerospace & Defense, Consumer Electronics and Energy 15 15
Slide 16: Advanced Materials Competitive Landscape
Advanced Materials Competitive Landscape Existing META relationships Source: LUX Research and Internal META estimates 16
Slide 17: Intellectual Property & Know-How
Intellectual Property & Know-How T te t ilies re o • META has 140 filed patents (76 granted) across ther ologr ph 44 patent families (28 granted) e s s g • 5 registered trademarks • Proprietary, custom manufacturing processes and trade secrets, developed over 10 years with multi-million $ investment
Slide 18: Executive Team
Executive Team George Palikaris, Ph. D. Kenneth Rice, MBA, JD, LLM President and CEO, Founder Chief Financial Officer & EVP 12 years in leadership positions of high-tech 30+ years experience, public and private startups. Goldman Sachs (10KSB), MIT company CFO, in-house counsel, Enterprise and EY awa
Slide 19: Investment Priorities 2021-2022
Investment Priorities 2021-2022 Initial roll-to-roll production equipment: operational year-end 2021 to mid-2022 1. Acquire and launch Pilot Scale roll-to-roll functional film production capability, estimated $10M CAPEX 2. Customer Center including META’s pilot line, to license, train and sell dupli
Slide 20: Scalable Revenue and Business Model
Scalable Revenue and Business Model Design, Test Samples Wafer Scale Validation R2R Licensed Pilot Line Multiple Revenue Streams Design Verification Performance Validation Production at Scale Revenue Streams • Produce samples • Complete • Cost model validation with 1. License Fee to customer spec Ph
Slide 21: Selected Financial Highlights – Q1:21 (CAD)
Selected Financial Highlights – Q1:21 (CAD) This information should be read in conjunction with the complete financial statements and the associated management discussion and analysis, available on the Investors section of our website at www.metamaterial.com, as well as under the Company’s profile o
Slide 22: Capitalization
Capitalization CAPITALIZATION DESCRIPTION (As of 05/31/21) Common Shares Issued & Outstanding 105,645,939 Stock Options 13,034,257 Deferred Share Units 1,872,750 Warrants 1,606,855 Broker Warrants 19,619 Unsecured Convertible Promissory Notes 7,219,797 Total Shares Issued & Outstanding (Fully Dilute
Slide 23: Leading the NEXT AGE of invisible
Leading the NEXT AGE of “invisible" highly functional metamaterials Growth Software driven Global simulation tools Partnerships NASDAQ’s first ever metamaterials company Established & – 1st mover advantage Broad and De-risked Tech Growing IP Estate Platform Access to Non-dilutive OEM government fund
Slide 24: Mark Komonoski Investor Relations
Mark Komonoski Investor Relations T: 877-255-8483 E: mark@metamaterial.com 24