Slide 1: |
1 | Confidential Confidential
Slide 2: Disclaimer
| Confidential DISCLAIMER Neither NUBURU, INC. (“NUBURU”) nor TAILWIND ACQUISITION CORP. (“TWND”) makes any representation or warranty as to the accuracy or completeness of the information contained in this presentation. The information in this presentation and any oral statements made in connection
Slide 3: Use of Market Data
| Confidential USE OF MARKET DATA The market data contained herein is derived from various internal and external sources. All of the market data in the presentation involves a number of assumptions and limitations, and there can be no guarantee as to the accuracy or reliability of such assumptions.
Slide 4: World Class Management Team
| Confidential World Class Management Team Dr. Mark Zediker CEO 30 years of experience as an entrepreneur Executive leadership experience at private and publicly listed companies. Strong management and technical background. Cofounded 3 companies Ron Nicol Executive Chairman 30+ years of experience c
Slide 5: Tailwind Acquisition Corporation (TWND) Overview
| Confidential Tailwind Acquisition Corporation (TWND) Overview Tailwind At A Glance Purpose-built to support visionary founders Approximately $334M held in trust Serial SPAC franchise; recent de-SPAC successfully closed 5 | Confidential Tailwind Differentiators Built by founders and operators, for
Slide 6: Summary Transaction Overview
| Confidential 6 | Confidential PLEASE SEE DEFINITIVE PROXY FOR ADDITIONAL RELEVANT DETAILS (1) Subject to the closing of the transaction, the expiration of certain diligence periods without termination by TWND or Lincoln Park and other conditions (2) Assumes full utilization of the Lincoln Park fun
Slide 7: Innovative Preferred Share Structure Benefits Stockholders
| Confidential Innovative Preferred Share Structure Benefits Stockholders 7 | Confidential In order to further incentivize current stockholders not to redeem, Tailwind has designed a unique stock structure that utilizes unlisted convertible preferred shares Each TWND Class A stockholder will receive
Slide 8: Key Investment Highlights
| Confidential Leading Blue Laser Company Disrupting and enabling fast growing markets 3D printing, E- mobility, consumer electronics, and aerospace and defense Promoting a sustainable future Proprietary Technology Extensive IP portfolio 170+ granted and pending patents and applications worldwide1 C
Slide 9: NUBURU: The Blue Laser Company
| Confidential NUBURU: The Blue Laser Company
Slide 10: NUBURU Solves Key Manufacturing Problems
10 | Confidential NUBURU Solves Key Manufacturing Problems Manufacturing Challenges 10 | Confidential Solution Higher Speed and Yield to Manufacture Batteries and EV Components Able To Produce Difficult to Make Components at Higher Speeds and Efficiency Providing a Scalable 3D Printing Solution that
Slide 11: Why the Blue Laser is the Superior Solution
| Confidential Why the Blue Laser is the Superior Solution 11 | Confidential Weld Better, Print Faster, and be More Precise With Blue Blue Wavelength Inherently Advantaged Spot Size Significantly Smaller Than Infrared Superior Brightness Higher Energy Absorption In Metals Major Advantages of NUBURU
Slide 12: Fundamental Enabling Technology for Multiple Markets
| Confidential Fundamental Enabling Technology for Multiple Markets Enabling Technology for a Sustainable Future (1) Source: AMPOWER Additive Manufacturing Market Report 2022 and NUBURU estimates. (2) Granted and Pending (3) Copper (4) Larger referring to part size (5) See photos on page 28. $2B $15
Slide 13: NUBURU's Blue Lasers Today: Core Applications
| Confidential Welding Address the tens of thousands of welds in an EV1. Can work with copper, aluminum, titanium, and stainless steel. Metal 3D Printing Superior in terms of size of print, breadth of materials, and overall resolution that can be achieved NUBURU's Blue Lasers Today: Core Application
Slide 14: Enabling Technology for a Sustainable Future
| Confidential 14 | Confidential Spear-heading electrification and a carbon- free future ~5x more energy efficient welding process than IR lasers1 70% reduced waste 3D printing vs. subtractive manufacturing2 More durable, longer-life end products (1) Based on Company thin copper weld testing where ~
Slide 15: NUBURU's Blue Lasers Addresses Multiple Large Markets
| Confidential NUBURU's Blue Lasers Addresses Multiple Large Markets Industrial Welding Mission-critical Applications Maximum mechanical and electrical weld performance Increased productivity Expanding laser-based processing into new applications 3D Printing Mission-critical Applications High speed
Slide 16: NUBURU's Target Markets Projected to Grow
| Confidential NUBURU’s Target Markets Projected to Grow $0 $2 $4 $6 $8 $10 $12 $14 $16 2022 2027 2032 Consumer Electronics 3D Printing Lasers E-Mobility Battery 3D Printing Metal System Other Applications & Potential Adjacencies1 $5.3B $15B $2.1B 16 | Confidential Source: Wohler’s and AMPOWER, Lase
Slide 17: NUBURU's Blue Laser Target Markets and Ecosystem
| Confidential NUBURU's Blue Laser Target Markets and Ecosystem (1) Data as of June 2022 Note: The companies listed above represent target markets and do not represent a customer list. 17 | Confidential (1 (1 (1) ) ) Da Da Data ta ta a a as s s of of of J J Jun un une e e 20 20 2022 22 22 No No Note
Slide 18: Picks and Shovels of Modern-Day Manufacturing
18 | Confidential “Picks and Shovels” of Modern-Day Manufacturing NUBURU's Success Driven by Sector Megatrends 18 | Confidential Note: The companies listed above represent target markets and do not represent a customer list.
Slide 19: Blue Laser: Superior Form of Industrial Welding Process
| Confidential NUBURU's Blue Laser: Superior Form of Industrial Welding Process Energy Efficiency ncy Process Energy Efficien Process Speed2 Process Speed2 Remote Welding Capability Remote Welding Capability Manufacturing Yield d Manufacturing Yield Defect-free1 Defect-free1 No Spatter / Safety NUBU
Slide 20: Comprehensive IP Strategy Secures First Mover Advantage
| Confidential Comprehensive IP Strategy Secures First Mover Advantage 170+ Granted and Pending Patents and Applications Over 7,500 claims filed across all aspects of NUBURU's current and future technology since 2013 with 100s of trade secrets Blue Laser Technology (AO & AI) Single Mode Blue Laser T
Slide 21: History of Technical and Technological Progress
| Confidential History of Technical and Technological Progress 2013 First blue laser patent1 - NUBURU founded - CO facility open 2015 2016 Beta program and market validation - Launched AO 150 - Applications Lab Open 2017 2018 - Launched AO 500 - First Copper Weld; Joint R&D with major copper foil co
Slide 22: Made in the USA: NUBURU's Blue Laser Technology
| Confidential Made in the USA: NUBURU's Blue Laser Technology Applications Lab Demonstration systems Welding system 3D printing Metallurgical Lab Manufacturing Facility Automation Testing + QC Clean Room Burn in facility Engineering Design Center Prototyping Clean Room R&D Research Center Clean Roo
Slide 23: NUBURU's Board of Directors Nominees
| Confidential NUBURU's Board of Directors Nominees Ron Nicol Executive Chair 30+ years of experience consulting growth companies Mark Zediker CEO 30 years of experience as an entrepreneur Kristi Hummel Compensation Chair Nominee, CPO at Skillsoft 25 years of experience leading people strategies Ake
Slide 24: Product Overview
| Confidential Product Overview
Slide 25: Current & Near-Term Core Welding Product Overview
| Confidential Current & Near-Term Core Welding Product Overview AO-650 Weld of consumer electronics w/o scanners Production release Q2 2022 AI-300/370 Small-scale consumer electronics Production release expected Q1 2023 AI-500/650 Large-scale consumer electronics Production release expected Q2 2023
Slide 26: Current & Near-Term Core 3D Printing Product Overview
| Confidential Current & Near-Term Core 3D Printing Product Overview 26 | Confidential AI-500/650 Large-scale consumer electronics Production release Q2 2023 AO-650/AI-X000 Plug and play 3D printing DED (Direct energy deposition) powder and wire feed Production release Q2 2022 and 2023 SML-100 Plug
Slide 27: Product Line Development Timeline 2022-2024
| Confidential Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 A AO AO-650 AI-300D AI-500 AI-1000 AI-2000 AI-4000 AI-370D AI-200 AI-650 AI-1500 AI-2500 AI-4500 SMLD-100 SML-100 SMDL-500 SML-500 T Technology Development 3 3D Printing A AI (Current power chip) 2022 2023 2024 SML AI (High power chip) Product Line
Slide 28: NUBURU Solves Key Manufacturing Problems in Consumer Electronics and 3D Printing
| Confidential 3D Printing Welding Battery Foils Welding Bus Bars NUBURU IR LASER ULTRASONIC ADVANTAGES No Porosity No Spatter Strong Weld Low Resistance Defect Free Continuous weld Low Resistance High Strength Low Fatigue Defect Free Material Agnostic Defect Free Copper Up to 7x Faster Up to 10x La
Slide 29: NUBURU is Highly Valuable to Battery and EV Production
| Confidential NUBURU is Highly Valuable to Battery and EV Production CELL LEVEL Mechanical Properties ELECTRODE-TO-TAB 80 copper foils to tab CASE SEALING 1.5mm Aluminum LIN NG min nu um MODULE LEVEL Electrical Performance TAB-TO-TAB 2 x 400μm copper on 800μm copper 29 | Confidential r PACK LEVEL P
Slide 30: NUBURU is Highly Valuable to Cell Phone Production
| Confidential NUBURU is Highly Valuable to Cell Phone Production PHONE BATTERY Mechanical / Electrical NUBURU Laser Welded Battery Foil Stack PHONE STRUCTURE Mechanical 30 | Confidential (1) Number varies by manufacturer and model and manufacturing process utilized. E PHONE COOLING Thermal Manageme
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31 | Confidential Confidential
Slide 32: Key Risk Factors
| Confidential KEY RISK FACTORS Unless the context requires otherwise, references to “NUBURU,” “we,” “us” or “our” in this section are to the business and operations of NUBURU prior to the Transaction and to combined company and its subsidiaries following the Transaction. The risks presented below a
Slide 33: Risks Relating to Our Business and Operations (continued)
| Confidential Risks Relating to Our Business and Operations (continued) Operational costs can be difficult to predict and may include costs from requirements related to the decommissioning of our systems. We expect to incur significant research and development expenses and devote substantial resour
Slide 34: Risk Relating to Intellectual Property
| Confidential Risk Relating to Intellectual Property We may be unable to protect, defend, maintain or enforce our intellectual property rights for the intellectual property on which our business depends, including against existing or future competitors. Failure to protect defend, maintain and enfor
Slide 35: Risks Relating to the Business Combination (continued)
| Confidential Risks Relating to the Business Combination (continued) TWND and its directors are, or may in the future be, subject to claims, suits and other legal proceedings, including challenging the merger, that may result in adverse outcomes, including preventing the merger from becoming effect
Slide 36: Appendix
| Confidential Appendix
Slide 37: Selected Public Comparable Universe For NUBURU
| Confidential Highly advanced manufacturing players leveraging technology and software to drive growth Accelerated revenue growth profile Industry 4.0 Scaled players leveraging current generation laser technology across diversified applications Few rising players with a focus on next generation tec
Slide 38: Metal 3D Printing
| Confidential Metal 3D Printing
Slide 39: Blue Lasers: Superior to Other Metal 3D Printing Technology
| Confidential NUBURU's Blue Lasers: Superior to Other Metal 3D Printing Technology Strong Product Value Proposition Speed: Up to 7x faster 3D printed parts Scale: 10x larger Density: Near forged metal densities yg Aerospace, Automotive, Medical & Dental, Consumer Products, Industrial 39 | Confident
Slide 40: NUBURU's Blue Lasers Enable Faster Printing Speeds
| Confidential NUBURU's Blue Lasers Enable Faster Printing Speeds Build rates measured in directed energy deposition tests to date 7x Copper 1.5x Titanium 3x Stainless Steel 1.5x Copper Alloy 40 | Confidential NUBURU has Demonstrated up to 7x Build Speed Increase in Copper and 3x Build Speed Increas
Slide 41: NUBURU's Blue Lasers Enable Larger Printing Volume
| Confidential compared to infrared capability Infrared Laser Print 10x Larger Metal Components Inconel1 / Copper Alloy Construction NUBURU's Blue Lasers Enable Larger Printing Volume 41 | Confidential (1) Inconel refers to a family of austenitic nickel-chromium-based superalloys.
Slide 42: Blue Lasers Enable Copper 3D Printing Almost as Dense as Forged Metal
| Confidential NUBURU's Blue Lasers Enable Copper 3D Printing Almost as Dense as Forged Metal >97% Density 80% Density 85% Density (Post Sintering) Infrared Binder Jet 42 | Confidential Note: Density relative to forged copper.
Slide 43: Welding & Manufacturing Breakthrough
| Confidential Welding & Manufacturing Breakthrough
Slide 44: NUBURU's Blue Lasers Provide Greater Welding Speeds
| Confidential NUBURU's Blue Lasers Provide Greater Welding Speeds Air Conditioners: 15X Infrared Cell Phones: 15X Infrared Hydrogen Fuel Cells: 5X Infrared Copper Welding Speed (Meters per Minute)1 1.5 NUBURU Blue IR 17.5 Copper Welding: 17.5 Meters Per Minute 44 | Confidential https://youtu.be/qTf
Slide 45: Blue Lasers Have Potential to Transform Metal Welding
| Confidential NUBURU's Blue Lasers Have Potential to Transform Metal Welding – Advancing Industries That Enable a More Sustainable Future Tens of thousands of welds per vehicle3 Welding required in: Electric motors Sensors, Power Electronics & Lighting Battery Pack Chassis Number of welds: 200+ inc
Slide 46: Blue Lasers Are the Next Breakthrough for Copper Welding
| Confidential NUBURU's Blue Lasers Are the Next Breakthrough for Copper Welding CO2 Lasers Copper Absorption <1% Replacing torches for general steel welding Unable to weld copper Lamp pumped Infrared YAG Lasers Copper Absorption ~5% Imprecise, difficult to control and was unreliable DPSS Infrared L
Slide 47: Operations
| Confidential Operations
Slide 48: NUBURU's Advisory Board
| Confidential NUBURU's Advisory Board David H. Buss Former Vice Admiral, “Air Boss,” U.S. Navy Current CEO of OpenDrives, Inc. "NUBURU’s cutting-edge blue laser technology has the very real potential to be transformational for the Department of Defense future capabilities from directed energy weapo
Slide 49: From Plug & Play to Exploring Proprietary Next Generation Printing Technology
| Confidential From Plug & Play to Exploring Proprietary Next Generation Printing Technology 49 | Confidential Plug and Play Upgrade to Existing & Next Generation Scanner-Based 3D Printers Today… Development plan to introduce printers either through organic efforts or acquisition Exploring Area Prin
Slide 50: Automated Manufacturing Process
| Confidential Automated Manufacturing Process Single Semi-Automated Production Line with Modularity to Enable Scale Manufacturing 50 | Confidential Automated Automated Automated Automated Blue Diode Suppliers
Slide 51: Illustrative Customer Adoption Timeline
| Confidential Illustrative Customer Adoption Timeline 51 | Confidential Month 0 First intro Months 1-6 Application development Month 7 First P/O for internal qualification Month 15 Manufacturing qualification Month 22 Second P/O & agreement discussion for 2022 volume supply Welding Adoption Timelin