Pioneer Power Solutions, Inc. · NASDAQ:PPSI
Pioneer Power Solutions — Investor Presentation (May 2022)
21 slides from Pioneer Power Solutions's investor presentation, May 2022
Slide 1: Pioneer Power Solutions Investor Presentation
Pioneer Power Solutions, Inc. Nasdaq: PPSI Investor Presentation May 2022
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Such statements may be preceded by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predict
Slide 3: Investor Highlights
Investor Highlights Pioneer Power is a leader in the design, manufacture, service and integration of electrical power systems, distributed energy resources, and mobile EV charging solutions New solutions targeting the EV Diversified, blue-chip customer base market and need for energy resilience • Lo
Slide 4: Pioneer Power: At-a-Glance
Pioneer Power: At-a-Glance A diversified manufacturer of highly customized electrical equipment focused on the EV charging market Decades of experience and a stable platform from which to build and grow Critical Power Solutions (Pioneer Power Mobility) 2021 Revenue $18.3 Million Focused on mobile EV
Slide 5: EV Sales Outpacing Charging Infrastructure
EV Sales Outpacing Charging Infrastructure Large and growing opportunity EV charging infrastructure not keeping up with EV unit sales In millions 22.1 16.1 11.3 6.1 2.9 1.3 2020 2025 2030 EV Sales EV Chargers https://www.iea.org/articles/global-ev-data-explorer Nasdaq: PPSI 5
Slide 6: EV Market Demand
EV Market Demand Tailwinds intensifying demand for alternative charging solutions Governmental funding for EV Across the globe, governments spent US$14B on direct purchase incentives and tax deductions for electric cars in 2020, a 25% increase y/y and more programs are being proposed. Increasing int
Slide 7: E-BOOST: Anytime, Anywhere Charging
E-BOOST: Anytime, Anywhere Charging EV charging at the edge Devised, developed, and introduced in 2H 2021; First two orders in Q1 2022 • MOBILITY: EV Charging, Wherever & Whenever • POWER UP: Always available Back-up Power or On- Demand production Insert picture or graphic • GRID RESILIENCE: on or o
Slide 8: E-BOOST Use Cases
E-BOOST Use Cases Sporting Events Trade shows Emergency Concerts Grid-locked areas Military Nasdaq: PPSI 8
Slide 9: Suite of E-BOOST Solutions
Suite of E-BOOST Solutions E-BOOST G.O.A.T. E-BOOST Mobile E-BOOST POD • Complete mobility • Necessary mobility • As-required mobility • Truck mounted EV • Trailer mounted EV • Pod-enclosed EV charging charging charging • 90 KW – 350 KW • 50 KW – 90 KW DCFC • 90 KW – 180 KW Nasdaq: PPSI 9
Slide 10: Rapid Evolution
Rapid Evolution Dreamed, defined, developed, and deployed in ~nine months First Order January 2022 Launched November 2021 Significant demand First Prototype: Pipeline grew rapidly November 2021 Ramping quickly to meet demand Early-mover advantage 2022 is a year of investment Sales Mark
Slide 11: Energy Sustainability No Longer Optional
Energy Sustainability No Longer Optional Grid independence is key to business resiliency Grid interruptions represent significant business risks California intermittent brown-outs Prolonged Texas cold-weather grid failure Businesses need to control their energy Access Price Source Ca
Slide 12: E-Bloc: Our "Grid-on-a-Skid"
E-Bloc: Our “Grid-on-a-Skid” Leveraging expertise to enable distributed generation and energy resilience Introduced E-Bloc in 2021 to address distributed generation opportunities and rapidly growing demand for EV infrastructure • Rapid installation and deployment o Minimal construction required o Mi
Slide 13: Historical Customers
Historical Customers Diversified customer base with strong retention rates Utilities Industrial Commercial & OEM EPC and Distributors Nasdaq: PPSI 13
Slide 14: New, Future Customers
New, Future Customers Numerous applications for EV charging exist TODAY The opportunity is massive with a Total Addressable Market into the BILLIONS $$ 100K spots Gas Stations 260K spots Logistics 188K spots Corporate Parks 2M spots Luxury Apartments >50 spots per Retailers store ~11M spots Arenas N
Slide 15: $12M Order
$12M Order Significant opportunity with just one retailer • One of the world’s largest mass merchandisers to fully equip 62 stores with E-Bloc Retailer has ~5,000 stores in the US • Customer ultimately expects to equip approximately 500 of its stores with E-Bloc • Provides flexibility to combine a w
Slide 16: E-Bloc Benefits
E-Bloc Benefits • Adds high-powered EV chargers to a facility without changing the existing electrical system • Renewable energy (solar & energy storage) • Lowers utility bills • Utility peak shaving • Reduces engine-generator emissions and maintenance • Helps businesses become carbon-neutral (net z
Slide 17: Newly Launched Solutions are Adding to Backlog
Newly Launched Solutions are Adding to Backlog $12M E-Bloc $ in millions at quarter end Order $22.8 E-Bloc launched $17.1 E-BOOST launched $14.7 $12.7 $12.7 $12.1 $11.3 $10.9 Q1'2020 Q2'2020 Q3'2020 Q4'2020 Q1'2021 Q2'2021 Q3'2021 Q4'2021 Nasdaq: PPSI 17
Slide 18: Strong Cash Position
Strong Cash Position Sufficient cash and zero debt • Solid cash position $ in millions 12/31/2021 $11.7M of cash and restricted cash (approx. $1.21/share) Cash & restricted cash $11.7 No debt Notes receivable1 $5.8 • $6.2M2 in incremental cash due to Total debt $0.0 Pioneer by year-end Promiss
Slide 19: Executive Team
Executive Team Nathan J. Mazurek, Chairman & CEO • Over 25 years of experience in the electrical equipment and components industry • Running Pioneer and Pioneer transformer since 1995 • From 1999 through 2017, Mr. Mazurek served as director of Empire Resources, Inc., a distributor of semi-finished a
Slide 20: Investor Highlights
Investor Highlights Pioneer Power is a leader in the design, manufacture, service and integration of electrical power systems, distributed energy resources, and mobile EV charging solutions New solutions targeting the EV Diversified, blue-chip customer base market and need for energy resilience • Lo
Slide 21: Contacts
Contacts Corporate Headquarters: Investor Relations: Pioneer Power Solutions, Inc. Brett Maas, Managing Partner 400 Kelby Street, 12th Floor Hayden IR, LLC Fort Lee, NJ 07024 646.536.7331 212.867.0700 [email protected] www.pioneerpowersolutions.com www.haydenir.com Nasdaq: PPSI 21
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