Dragonfly Energy SPAC Presentation Deck
Investment Thesis
ESG
Investment
Large
Addressable
Market
dragonfly
ENERGY
Ⓡ
Integrated lithium-ion technology company delivering environmentally
impactful solutions for energy storage
Strong
Leadership
Profitable
Growth
Attractive
Valuation
Solid State
Upside
Current and identified adjacent market represent a total addressable market
opportunity of ~$85BN(¹) by 2025E
Existing profitable business with revenues of $78MM in 2021 and
growing to ~$255 million in 2023E
Compelling entry point of 2.0x 2023E Revenue and 12.2x 2023E EBITDA,
representing a ~32% and ~33% discount to peer group, respectively
Disruptive proprietary solid state technology will enable renewables to be cost
competitive with fossil fuels
Visionary management team with early mover advantage
Source: Management Estimates, Frost & Sullivan, NMMA, RVIA, Grandview Research, Statista, Research Nester, Associated Press, Generac, CTIA, International Construction, U.S. Energy Information Administration, U.S. Census Bureau.
(1) Annual, cumulative addressable markets by 2025E.
dragonfly
ENERGY
CONFIDENTIAL | 11View entire presentation