nLIGHT at a Glance

Industrial | Metal cutting market continues to grow High-Power Lasers for Metal Cutting* $ Millions $1,600 $1,400 $1,200 $1,000 $800 $600 $400 $200 $0 CO2 Lasers Fiber Lasers 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022F 2023F 2024F NLIGHT *Note:: CO2 Lasers include other legacy and fiber lasers include disk lasers Source: Optech & nLIGHT Analysis 16

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