Bright Machines SPAC slide image

Bright Machines SPAC

Significant Headroom for Continued Growth "Land and Expand" Strategy for Global OEM and EMS Accounts BI Bright Machines. (2) (2) Global Manufacturing Sites (#) Annual Capex ($) Total Employees Targeted Plants (# of Sites) Est. 10% penetration over 3-5 yrs Targeted Lines Per Site Avg. Deal Size ($ / Line) Annual MF Opportunity(2) Est. 7-year useful life Annual SW Opportunity Est. 10% attach rate Customer S -100 -$350m -55,000 15 6 $2m(¹) $20-25m $2-2.5m Customer E -200 -$550m -85,000 20 6 $1-2m $20-30m $2-3m Customer H -225 -$900m -105,000 24 6 $1-2m $20-30m $2-3m Customer D -130 -$150m - 25,000 13 6 $1-1.5m $10-20m $1-2m Customer F -100 -$450m -160,000 10 6 $1-1.5m $10-15m $1-1.5m Source: Bright Machines management projections and company filings. Note: Manufacturing sites, annual capex and total employees shown as of latest annual filing for each customer. Ⓒ2021 Bright Machines, Inc. 2021 deal size now averaging $2M per line. MF (Microfactory) opportunity per customer assumes 1 MF per line, with approx. 10 BRCS (Bright Robotic Cells) per MF. MF spend estimated to be-5-7 of OEM capex spend and -1-2% of EMS capex spend.
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