Nuburu, Inc. · AMEX:BURU
Nuburu — Investor Presentation (May 2023)
52 slides from Nuburu's investor presentation, May 2, 2023
Slide 1: Nuburu Investor Deck May 2023
Confidential Nuburu Investor Deck May, 2023 Exhibit 99.1
Slide 2: Disclaimer
DISCLAIMER NUBURU, INC. (“NUBURU”) makes no 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 with this presentation are subject to change and are not intend
Slide 3: No Offer or Solicitation
NO OFFER OR SOLICITATION This presentation is not intended to and does not constitute an offer to sell or the solicitation of an offer to buy, sell or solicit any securities or any proxy, vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitatio
Slide 4: World Class Management Team
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 Chairman 30+ years of experience consulting growth companie
Slide 5: Key Investment Highlights
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 190+ granted and pending patents and applications worldwide1 Compelling Busine
Slide 6: NUBURU: The Blue Laser Company
NUBURU: The Blue Laser Company
Slide 7: NUBURU Solves Key Manufacturing Problems
NUBURU Solves Key Manufacturing Problems Manufacturing Challenges 7 | 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 is Material Agnost
Slide 8: Why the Blue Laser is the Superior Solution
Why the Blue Laser is the Superior Solution 8 | 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 Blue Laser NUBUR
Slide 9: Fundamental Enabling Technology for Multiple Markets
Fundamental Enabling Technology for Multiple Markets Enabling Technology for a Sustainable Future (1) See Slide 16. (2) Granted and Pending as of March 2023 (3) Copper (4) Larger referring to part size (5) See photos on page 28. $4B → $33B Projected Growth in Serviceable Addressable Markets in Next
Slide 10: NUBURU's Blue Lasers Today: Core Applications
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 Applications 10 | Confident
Slide 11: The Blue Advantage for 3D Printing
11 Blue Advantage Up to 2.75x Based on data from: Zediker, M.S., “Automotive Applications: Metal 3D Printing and Welding using Blue Laser System,” ALAW, Detroit, MI., June 2022 Based on 0.43kg CO2/1kWHr The Blue Advantage for 3D Printing: Up to 275% Reduction! The IR laser in the Concept M3 printer
Slide 12: Enabling Technology for a Sustainable Future
12 | 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 Based on Company thin copper weld testing where ~8x decrease in proce
Slide 13: NUBURU's Blue Lasers Address Multiple Large Markets
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 production High
Slide 14: NUBURU's Markets Projected to Grow
NUBURU’s Markets Projected to Grow 14 | Confidential (1) Source: AMPOWER 2022 and NUBURU estimates based on customer feedback. (2) Source: NUBURU estimates based on customer feedback. (3) Includes bio-instrumentation, display and others. Serviceable Addressable Market (SAM) Total Addressable Market
Slide 15: Blue Laser Target Markets and Ecosystem
NUBURU's Blue Laser Target Markets and Ecosystem (1) Data as of March 2023 Note: The companies listed above represent target markets and do not represent a customer list. 15 | Confidential Batteries & Energy Storage 9 of Top 20 Engaged Consumer Electronics 5 of Top 20 Engaged 3D Printing 5 of Top 20
Slide 16: Success Driven by Sector Megatrends
Electric Trucks & Buses “Picks and Shovels” of Modern-Day Manufacturing NUBURU's Success Driven by Sector Megatrends Battery Storage Aerospace & Defense Metal 3D Printing Electric Passenger Cars 16 | Confidential Note: The companies listed above represent target markets and do not represent a custom
Slide 17: Superior Form of Industrial Welding Process
NUBURU's Blue Laser: Superior Form of Industrial Welding Process Energy Efficiency Process Speed2 Remote Welding Capability Manufacturing Yield Low to No Defect1 No Spatter / Safety NUBURU INFRARED ULTRASONIC RESISTANCE See photos on page 28. Speed across materials on a per watt basis. 17 | Confiden
Slide 18: Comprehensive IP Strategy Secures First Mover Advantage
Comprehensive IP Strategy Secures First Mover Advantage 190+ 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 18 | Confidential Note: Patent position as of March 2023.
Slide 19: History of Technical and Technological Progress
History of Technical and Technological Progress 2013 First high-powered blue laser patent - NUBURU founded - CO facility open 2015 2016 Beta program and market validation - Launched AO 150 - Applications Lab Open 2017 Launched AO 200 Launched AO 650 Demonstrated 3D area printing 2019 v 2020 Over 10,
Slide 20: Made in the USA: Blue Laser Technology
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 Room 20 | Confiden
Slide 21: NUBURU's Board of Directors
NUBURU's Board of Directors Ron Nicol Chairman 30+ years of experience consulting growth companies Mark Zediker CEO 30+ years of experience as an entrepreneur Kristi Hummel Compensation Chair Chief Talent Officer at UHG 25+ years of experience leading people strategies Ake Almgren Independent Direct
Slide 22: Product Overview
Product Overview
Slide 23: Core Welding Product Overview
Current & Near-Term Core Welding Product Overview AO-650 Weld of consumer electronics w/o scanners Released 2022 BL-250 Small-scale consumer electronics – 3C Released 2023 BL-650 Mid-scale consumer electronics Release expected 2023 BL-900 Large-scale consumer electronics/ battery Release expected 20
Slide 24: Core 3D Printing Product Overview
Current & Near-Term Core 3D Printing Product Overview 24 | Confidential AO-650 & BL Plug and play 3D printing DED (Direct energy deposition) powder and wire feed Releases AO (2022) BL (2023-2024) SML-100 Plug and play 3D printing, scanner-based powder beds Release expected 2024 SML-500 Plug and play
Slide 25: Product Introductions Expected to Drive Market Expansion
25 | Confidential Development Pilot Production Product Introductions Expected to Drive Market Expansion & Revenue Growth AO/BL SM 3D Printing
Slide 26: NUBURU Solves Key Manufacturing Problems in Electronics and 3D Printing
3D Printing Welding Battery Foils Welding Bus Bars NUBURU IR LASER ULTRASONIC No Porosity No Spatter Strong Weld Low Resistance Low to No Defects Continuous weld Low Resistance High Strength Low Fatigue Low to No Defects Material Agnostic Low to No Defects Up to 7x Faster Up to 10x Larger NUBURU Sol
Slide 27: NUBURU is Highly Valuable to Battery and EV Production
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 MODULE LEVEL Electrical Performance TAB-TO-TAB 2 x 400µm copper on 800µm copper 27 | Confidential PACK LEVEL Production Efficiency BUS BAR 400µm
Slide 28: The Blue Advantage for EV Manufacturing
28 The Blue Advantage for EV Manufacturing: Up to 781 Tons! Analysis is for welding copper batteries with 3.5kW IR, 2kW Green and 2 kW Blue lasers and includes laser and laser cooling systems CO2 generation calculated from: 0.43kg CO2/kW-hr Blue laser technology is substantially greener compared to
Slide 29: NUBURU is Highly Valuable to Cell Phone Production
NUBURU is Highly Valuable to Cell Phone Production PHONE BATTERY Mechanical / Electrical NUBURU Laser Welded Battery Foil Stack2 PHONE STRUCTURE Mechanical 29 | Confidential (1) Number varies by manufacturer and model and manufacturing process utilized. (2) Image shown is of a weld in an EV battery.
Slide 30: The Blue Advantage for Cell Phone Batteries
30 The Blue Advantage for Cell Phone Batteries: Up to 22 Tons! BLUE ADVANTAGE Based on iPhone 2023 Q1 deliveries Coherent report on laser welding speeds (Highlight FL ARM Laser) Trumpf report on laser welding speeds (TruDisk 3022) NUBURU blue laser results extrapolated based on measurements at lower
Slide 31: Green Manufacturing Next Step: The Blue Laser
Green Manufacturing Next Step: The Blue Laser Blue lasers are highly absorbed compared to all other laser “colors” This gives blue a significant energy coupling advantage reducing the amount of energy to weld even the smallest of parts This advantage converts directly to substantial savings or green
Slide 32: NUBURU The Blue Laser Company
NUBURU The Blue Laser Company”
Slide 33: Key Risk Factors
KEY RISK FACTORS An investment in our Common Stock or Preferred Stock involves risks. Prior to making a decision about investing in our Common Stock or Preferred Stock, you should consider carefully the risks together with all of the other information contained in this presentation, including any ri
Slide 34: Risks Relating to Our Business and Operations (continued)
Risks Relating to Our Business and Operations (continued) Our expectations and targets regarding the times when we will launch our products depend in large part upon assumptions, estimates, measurements, testing, analyses and data developed and performed by us, which if incorrect or flawed, could ha
Slide 35: Risks Relating to Litigation and Regulation (continued)
Risks Relating to Litigation and Regulation (continued) We must comply with and could be impacted by various export controls and trade and economic sanctions laws and regulations that could negatively affect our business and may change due to diplomatic and political considerations outside of our co
Slide 36: Risks Relating to Being a Public Company (continued)
Risks Relating to Being a Public Company (continued) Changes in accounting principles may cause previously unanticipated fluctuations in our financial results, and the implementation of such changes may impact our ability to meet our financial reporting obligations. Our management has limited experi
Slide 37: Appendix
NUBURU Appendix
Slide 38: Selected Public Comparable Universe For NUBURU
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 technology and app
Slide 39: Metal 3D Printing
Metal 3D Printing
Slide 40: Blue Lasers: Superior to Other Metal 3D Printing Technology
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 Aerospace, Automotive, Medical & Dental, Consumer Products, Industrial 40 | Confidential NUBURU Blue Li
Slide 41: Blue Lasers Enable Faster Printing Speeds
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 41 | Confidential NUBURU has Demonstrated up to 7x Build Speed Increase in Copper and 3x Build Speed Increase in Stainless
Slide 42: Blue Lasers Enable Larger Printing Volume
compared to infrared capability Infrared Laser Print 10x Larger Metal Components Inconel1 / Copper Alloy Construction NUBURU's Blue Lasers Enable Larger Printing Volume 42 | Confidential (1) Inconel refers to a family of austenitic nickel-chromium-based superalloys.
Slide 43: Blue Lasers Enable Copper 3D Printing Almost as Dense as Forged Metal
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 43 | Confidential Note: Density relative to forged copper.
Slide 44: Welding & Manufacturing Breakthrough
Welding & Manufacturing Breakthrough
Slide 45: Blue Lasers Provide Greater Welding Speeds
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 45 | Confidential https://youtu.be/qTfzLmUP1Kk (1) Ba
Slide 46: Blue Lasers Have Potential to Transform Metal Welding
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+ including structur
Slide 47: Next Breakthrough for Copper Welding
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 Lasers Copper Ab
Slide 48: Operations
NUBURU Operations
Slide 49: NUBURU's Advisory Board
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 weapons to additive
Slide 50: From Plug & Play to Proprietary Next Generation Printing Technology
From Plug & Play to Exploring Proprietary Next Generation Printing Technology 50 | 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 Printing Technology
Slide 51: Automated Manufacturing Process
Automated Manufacturing Process Single Semi-Automated Production Line with Modularity to Enable Scale Manufacturing 51 | Confidential Automated Automated Automated Automated Blue Diode Suppliers
Slide 52: Illustrative Customer Adoption Timeline
Illustrative Customer Adoption Timeline 52 | 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 Timeline (existing cus