Advent SPAC Presentation Deck
Evolution & Innovation
Development / Evolution
Development of
initial fuel cells
2003
Advent
Advent TPS®
introduced
2012
Incorporate in USA
Seed Round
R&D
Key Partnerships
NASA
eesa
Projects with
NASA, ESA, DOE
-BASF
The Chemical Company
Consolidating 50+ international patents and $500m+ of
technology investments by partners, predecessors and strategic
licensing & acquisition agreements
2013-2016
Consolidate
membrane
technology;
BASF license
UltraCell
HIGH POWER MICRO FEL CELLS
20355
Market Penetration
www.advent.energy
UltraCell
renews multi-
year supply
contract
Stealth loT
company
begins
program with
Advent
U.S.NAVAL
LRESEARCH
LABORATORY
US Navy
purchases
stacks
2018-2019
License
advanced stack
technology
from EnerFuel
SAFRAN
SAFRAN
expands
program
BROOKHAVEN
Palcan
NATIONAL LABORATORY
Palcan signs
MEA supply
agreement
1
Mass Adoption
Los Alamos
NATIONAL LABORATORY
ESS signs
component supply
agreement
Collaboration with
US DOE Los Alamos,
Brookhaven labs
RIWAYS
EV manufacturer
engagement
2020
Beyond
Production ramp
up and
commercialization
of products
Scale-up
fundraising;
progressing major
contracts
AMCI ADVENT
Acquisition Corp.
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