Power Tool Market

Significant opportunity to prove our technology

• Diverse group of manufacturers
• Early adopters of new technology
• Multiple battery chemistries
• High ROI for end users
• Typically have one battery in tool, one battery in charger, and one cooling from charging
• Large market opportunities
• $6 billion cordless power tool market
• $250 million U.S. Department of Defense cordless power tool market

Value Proposition

• Higher power density than existing batteries
• Lighter weight
• Faster charging
• Enables high torque motor systems
• Lower manufacturing cost than existing batteries