Meta Materials Inc. · OTC:MMATQ
Meta Materials — Investor Presentation (April 2021)
24 slides from Meta Materials's investor presentation, Apr 20, 2021
Slide 1: Mastering Light, Driving Innovation
MASTERING LIGHT DRIVING INNOVATION CSE:MMAT APRIL 2021
Slide 2: Forward Looking Statements
Forward Looking Statements This Presentation includes forward-looking information within the approval of the transaction and continued listing by the NASDAQ meaning of Canadian securities laws and within the meaning of exchange, approval of the Canadian Securities Exchange, receipt of Section 21E of
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: META Transparent Window Film Transforms Outdoor 5G Coverage
META 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 cover dead zones META MEGA TREND - Carriers are spending $ Billions on Trans
Slide 9: META Invisible Antenna to Enhance Indoor 5G and Digital TV Reception
META Invisible Antenna to Enhance Indoor 5G and Digital TV Reception 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 signals 9
Slide 10: META Nano-heater to Protect Sensors
META 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’s NANOWEB® transparent conductive film provides deicing and defogging withou
Slide 11: NANOWEB: Transparent Sensors and 5G Antennas
® NANOWEB : Transparent Sensors and 5G Antennas 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 displays, on windows of vehicles
Slide 12: Solar Energy – Example Application
Solar Energy – Example Application 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 Absorption Scal
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 Selected Target 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 Patent Families Breakdown ther ologr ph • META has 138 filed patents (73 granted) across 43 patent families (27 granted) • 5 registered trademarks e s s g • Proprietary, custom manufacturing processes ithogr ph and trade secrets, developed over 10 years with multi-mi
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 – Q4:20 (CAD)
Selected Financial Highlights – Q4:20 (CAD) Note: 2020 includes $8.948MM of non-cash finance, listing, unrealized loss on FVTPL liabilities, and share- based compensation expenses, vs. $3.347MM in 2019 This information should be read in conjunction with the complete financial statements and the asso
Slide 22: Capitalization
Capitalization CAPITALIZATION DESCRIPTION (As of 04/19/21) Common Shares Issued & Outstanding 105,528,460 Stock Options 13,170,069 Deferred Share Units 1,872,750 Warrants 1,606,855 Broker Warrants 19,619 Unsecured Convertible Promissory Notes 2,486,279 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: Thank You
THANK YOU Mark Komonoski Investor Relations T: 877-255-8483 E: mark@metamaterial.com 24