Eos Energy Investor Presentation Deck
Financial Results
Progress Against 2023 Objectives
$600-800M
in booked orders
16
$30-50M
in revenue
15%
product cost reduction
from Z3 launch
+
Current opportunity pipeline increased $1B from Q4 '22
+ Signed 3 new Letters of Intent for 850 MWh
Demand surging, 21% energy storage CAGR through 20301
+ Q1 revenue of $8.8M includes final Gen 2.3 new build shipments
+ Focused on shifting manufacturing to Eos Z3TM with a 2H ramp
+ Forecasting $45-60M capacity investment over next 12 months
+ Identified 7 key projects in design optimization & supply chain improvements
+ Improving battery density, eliminating titanium & simplified system design
+ Strategic supplier relationships + component mfg insourcing opportunities
(1) Global energy storage deployments Compound Annual Growth Rate, Bloomberg NEF 2H 2022 Energy Storage Market Outlook
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