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Simple,easyIQupgradeforeverywindow
InvestorDeck– WispLabs,Inc.“Wire-freeEC” July2016
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Sunlighthasitsdrawbacks.Smartwindowsareasolution
Heat
ArtificialLightandHVACcosts
Glare
Self-poweredbysolar,nocablingorwiring,Appandvoicecontrolled,installedindependentlyonanyexistingwindow: transformswindowsintoconnecteddevices
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ThemarketsizeinU.S.is19.5Bsquarefeetofinstalledglass.Nextmarketsinthepipeline:newconstruction,automotive,aerospace,VR/ARgoggles
- WISPisnotaDIYproduct;Partnershipwith3MCertifiedInstallersenablesbroadcoverageintargetmarkets- $6COGs,$30installedprice(currentlyavailableSmartWindowsare$120+)persquarefoot- SmartHomeplatforms(Amazon,Google,Samsung)differentiatethemselvesthroughnewApplications
+
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InvestmentRound:$3.5M
2020 2021EBITDA(projection) $58.6М $104.1М
Multipleca. 15 15Valuation $879М $1,562М
Goalsforthisround:- U.S.Labtestsandcertifications- Pilotproduction- Pilotinstallationsandusecases,start
acceptingpre-orders
TheWispteamiscommittedtobuildingahugelyvaluablecompany.Thevisionforaflexible interactivelayeronallwindowscouldbeachievedbyanindependentcompany,oracceleratedinpartnershipwithIoT/SmartHomeplayers:Samsung,Amazon,Apple,Google/Nest&Cisco.TheCompanyisaC/Corp.registeredinDelawareandownsallthepatentsandbrands.
Scenarioanalysis
Production20%
Personnel35%
R&D17%
Mrktng3%
CAPEX
19%
Buffer6%
N.B.FullblownproductionplantofWispfilmCAPEXis$3.7M
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LatestCommercialPrototypeworkswithGoogleHome
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