Nexttrip, Inc. · NASDAQ:NTRP
Nexttrip — Sigma Labs — Conference Presentation (May 2022)
27 slides from Nexttrip's conference presentation, May 24, 2022
Slide 1: The AM Quality Assurance Standard
vA ) 4 . ww SIGMA Additive Solutions The AM Quality Assurance Standard (Formerly Sigma Labs, Inc) NASDAQ: SASI == It’s Time estment Conferer
Slide 2: Forward Looking Statement
SIGMA Additive Solutions Forward Looking Statement This presentation contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (which Sections were adopted as part of the Priva
Slide 3: Key Messages
Key Messages facturing market pie forecast 2026 [EUR bition} Market opportunity is large and Positioning ourselves to be the center for AM Quality growing ©2022 Sigma Additive Solutions, Inc. | All Rights Reserved. SIGMA Additive Solutions Setting ourselves up for success, changed business model ->
Slide 4: Sigma Additive Solutions Overview
SIGMA Additive Solutions Sigma Additive Solutions Overview * Founded out of Los Alamos National Labs with addition of talent from Intel NASDAQ: SASI + In-Process Quality Assurance solutions for the Additive . ‘ Share Price () $1.06 Manufacturing industry * Headquartered in Santa Fe, N. M. Market Cap
Slide 5: Mission Statement
Mission Statement To accelerate the adoption of Additive Manufacturing by setting the standard for In-situ Quality Monitoring and Analytics (©2022 Sigma Additive Solutions, Inc. | All Rights Reserved, Ky SIGMA Additive Solutions
Slide 6: Addressing Supply Chain and Manufacturing Challenges
SIGMA Additive Solutions Addressing Supply Chain and Manufacturing Challenges + Lead Time Reduction * Fewer Parts + Decreased Weight * Increased Durability + Maintenance Reduction uper Structure 7 assembles to 4 ‘ Mid-Frame B-SumpHse How do you qualify and certify parts that cannot be inspected ae t
Slide 7: Sigma's Application: All About Total Cost Reduction ($/cc)
Qsicma Additive Solutions Sigma’s Application: All About Total Cost Reduction ($/cc) On (Process) NPI lead time \ development & NPI Process development: + Process parameters + Part design + Root cause investigation ing cost \ Live monitoring and analytics: * Visualization = + Trigger stop build + OE
Slide 8: Who Are We?
SIGMA Additive Solutions Who Are We? e Respected and known name in industry e No debt, strong balance sheet e The 3rd Party agnostic standards-based solution: Across printer OEMs, printing processes, and materials e Ananchor product, that tackles one of the hardest monitoring and analytics challenge
Slide 9: World-class Customers and Partners
World-class Customers and Partners End Users - Industrial LocKHEED MARTIN to} SAFRAN oO Universities and Research Organizations A Fraunhofer mitc (©2022 Sigma Additive Solutions, Inc. | All Rights Reserved. om aconiTy3D YSIGMA Additive Solutions Software — =~. materialise AMFG
Slide 10: Founding Member
YSIGMA Additive Solutions Founding Member CENTER of JUST LAUNCHED 7 EXCELLENCE Consortium for Materials Data ‘ul , and Standardization 3T? additive manufacturing ess EW § Zréraunhofer @ GE Additive {GASBARRE << ~ Ba ptetariene apt GKN ADDITIVE a roy vw Rayth a exscon GD MoRF3D CO ome ©. ) AIOEING Dh
Slide 11: a ©2022
SIGMA Additive Solutions a ©2022 Sigma Additive Solutions, Inc. | All Rights Reserved.
Slide 12: Positioning Sigma at The Center of AM Quality
Qsicma Additive Solutions Positioning Sigma at The Center of AM Quality Process “ Across Modalities TH: Across Materials (p86, DED, Polymer S19} Sori eet Temperature ‘Monitoring and analyzing the eerie ‘The 3° party agnostic analvtics engine “aero additive continuum ‘*Camera imagery id ‘Heat Maps +2
Slide 13: Market Opportunity
Market Opportunity: The impossible is now possible Global metal and polymer Additive Manufacturing market 2020 to 2021 and supplier forecast 2026 [EUR billion] 1928 © system Prt Manufacturing 5 Metal Additive Manufacturing Example: ~12,000 installed metal additive machines installed through 2020 >2,
Slide 14: World Economic Forum
World Economic Forum Highlighted the global importance of 3D printing over the next 10 years. 95% of respondents rate additive manufacturing quality and qualification as highly or very highly important to this success and growth. SIGMA Additive Solutions How important do you rate the folowing challe
Slide 15: Three Areas Holding Back The $10.6B 3D Printing Industry
SIGMA Three Areas Holding Back The $10.6B 3D Printing Industry = "Perhaps the biggest obstacle to widespread AM adoption is quality control." “Meanwhile, firms like Sigma Additive Solutions... have created hardware to monitor the build chambers of metal 3D printers to detect errors. Increasingly, th
Slide 16: AM Forward: Biden Admin Launches U.S. 3D Printing Program
YSIGMA Additive Solutions AM Forward Biden Admin Launches U.S. 3D Printing Program: AM Forward @ GE Aviation cocenseo wantin ‘ Dah one America Makes https://3dprint.com/291098/biden-admin-launches-u-s-3¢-printing-program-am-forward; ©2022 Sigma Additive Solutions, Inc. | All Rights Reserved,
Slide 17: OEM/Hardware Market is Changing
Qsicma Additive Solutions OEM/Hardware Market is Changing ¢ Major OEMs Opening Access to Data (APIs) ASUPERIOR DIGITAL QA SOLUTION: turing Into Production be osconnecr ¢ Laser Hardware Vendors Incorporating Monitoring Hardware (Integration) SCAN AS 7 inteliSCAN Features Real time data synchronizatio
Slide 18: Sigma Labs Is Now Operating as Sigma Additive Solutions
SIGMA Additive Solutions Sigma Labs IS NOW OPERATING AS SIGMA ADDITIVE SOLUTIONS FROM To Prototype —+ Production Laboratory-based — Solutions-based Licensed pricing model ——~ Easy subscription model 3D metals —_ 3D metals plus polymers Single point solution —_ Tightly-integrated with OEM and MES pro
Slide 19: Positioning Ourselves to Win
Positioning Ourselves to Win Phase | * OEM closed systems * NoAPIs * Nocollaboration * Beg, borrow time to develop PrintRite3D * Market limited by price point * Hardware-software retrofit required * Perpetual License Phase II Open systems Partner ecosystems PrintRite3D Published API’s Barren MEE sof
Slide 20: Old Sigma Labs vs New Sigma Additive Solutions
Qsicma Additive Solutions Old “Sigma Labs” vs New “Sigma Additive Solutions” Perpetual License Past Subscription Example 800,000 5 $70,000,000 4500 $700,000 $60,000,000 a 4 3500 600,000 $50,000,000 3.000, $500,000 5 $40,00,000 2500 400,000 5 $30,000,000 2,000 $300,000 1500 Eonaon - $20,000,000 hon $
Slide 21: Where Sigma Additive Solutions Meets the Additive Workflow
Qsicma Additive Solutions Where Sigma Additive Solutions Meets the Additive Workflow The full digital thread across the additive part journey to deliver more efficient, sustainable, and reliable builds Across Modalities Across Materials Monitoring and anayngthe ‘The 3 party agosic anaacsentine ‘ve c
Slide 22: Impact of Strategic Shift
YSIGMA Additive Solutions Impact of Strategic Shift * Significantly lowers the barrier of entry and ease of expansion within sites and broader industry * Increases our gross margin and simplifies our business model o GM increases from ~ 60% to ~ 90% o 70% of revenue through, or in partnership, with
Slide 23: Protecting Our IP
Protecting Our IP Us 16 15 PCT EP 4 Germany 2 10 China 3 4 Japan 1 3 Korea a (0) Total 23 39 31 62 *As of May 16, 2022 ©2022 Sigma Additive Solutions, Inc. | All Rights Reserved. Ky SIGMA Additive Solutions These patents encompass the fundamental technology underlying Sigma’s melt pool process contr
Slide 24: KPIs Going Forward
SIGMA Additive Solutions KPIs Going Forward e Additional OEM partners in our different tier solutions ¢ Growth of our software ecosystem of bundled solutions, and software only product offerings/expansions e Advances to our product suite to address traditional manufacturer’s production needs e Addit
Slide 25: Summary
YSIGMA Additive Solutions Summary The market is changing and embracing open API's, standardization, collaboration and increased focus on improving the economics * Our IP for quality monitoring is differentiated and highly valuable to the industry * Through transition to a software only offering allo
Slide 26: Key Messages
Key Messages facturing market pie forecast 2026 [EUR bition} Market opportunity is large and Positioning ourselves to be the center for AM Quality growing ©2022 Sigma Additive Solutions, Inc. | All Rights Reserved. SIGMA Additive Solutions Setting ourselves up for success, changed business model ->
Slide 27: The AM Quality Assurance Standard
SIGMA Additive Solutions The AM Quality Assurance Standard NASDAQ: SASI