Investor Presentaiton
BUSINESS MODELS PROVEN, MARKET DEMAND STRONG, SCALING
IN PROCESS
electriq
power
Segment
Pilot Phase
Sustainable
Solutions
Item
Timeframe
2021-2022
Status and Next Steps
Pilot Projects with: Marin Clean Energy (CA), Barrio Electrico
(Puerto Rico), Access TAB (Washington DC), and CUC
Progress
Risk Mitigation
Lessons learned, process mapping,
baselines and metrics established,
process improvements
2022
Signs New Channel Partner contract
Scale Phase (1)
Execute and expand on Sustainable Solution opportunities
Hired seasoned executive and BD
personnel
2023+
$33MM revenue expected in 2024
Pilot Phase
Sustainable
Community
Networks
Scale Phase
$4.3B opportunity with $72MM (2) revenue
expected in 2024
Secure Supply
Supply
Chain
2021-2022
2022-2023
2023+
Parlier, CA master agreement in place, targeting 3%-5%
customer acquisition over a 30-month period
Lessons learned, process mapping,
baselines and metrics established,
process improvements
Executed Santa Barbara County master agreement;
Signed agreement with SLO Climate Coalition to deliver
solutions to San Luis Obispo County; Signed agreement
with a third-party project finance partner for SCN projects
for $300MM of potential revenue over 30 months
Expand on Sustainable Community Networks opportunities
Hired seasoned executive and BD
personnel
2022-2023
12+ months supply secured
Scale Product Production
2023-2024
Increase production to 1,000+ units/mo (target)
Current capacity single shift 638 (3)
units/mo; max achieved 414 units/mo
1. Assumes (i) 1,100 forecasted systems in the MOUS/LOIS with Access Tab and Barrio Electrico are delivered and (ii) 1,100 systems among existing New Channel Partner customers
2. Based on assumed acquisition of approximately 2,600 homeowners in the Counties of Santa Barbara and San Luis Obispo, the City of Parlier and surrounding areas.
3. Company estimated takt time.
Forwardly reserved capacity, multiple
suppliers (as listed on Supply Chain
Sourcing Strategy on page 27)
Multiple shifts possible
Lean consultant efficiency
Strictly Confidential / Not for Redistribution
30View entire presentation