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5/10/2024
Good morning, everybody. Welcome to Energy Vault's first Investor and Analyst Day. On stage, I'd like to welcome Bernie Coulson, who's going to take us through the Safe Harbor language.
Good morning. Welcome to Energy Vault's inaugural Investor and Analyst Day. Thanks for being here with us today, those here in New York, as well as those joining us virtually. The full Investor and Analyst Day presentation, first quarter financial results press release, and an abridged earnings presentation are all available now on our investor website. We will be referring to these materials throughout the day. A replay of this event will also be made available later today on the investor relations page of our website. The entirety of the Investor and Analyst Day is being recorded and broadcast virtually. Please note that Energy Vault's first quarter 2024 earnings release, as well as today's Investor and Analyst Day presentation, will contain forward-looking statements that are subject to risks and uncertainties. These forward-looking statements are only estimates and may differ materially from the actual future events or results due to a variety of factors. We caution everyone to be guided in their analysis of Energy Vault by referring to our SEC filings for a list of factors that may cause our results to differ from those anticipated in any forward-looking statement. We undertake no obligation to publicly update or revise any forward-looking statements except as required by law. In addition, please note that we will be presenting and discussing certain non-GAAP information. Please refer to the Safe Harbor Disclaimer and non-GAAP financial measures presented in our earnings release for more details, including a reconciliation to comparable GAAP measures.
History has shown us that true progress is the undertaking of the few, made by those that race towards the biggest challenges and tackle the unknown with conviction, fueled by the people that take on questions others deem impossible, unlocking opportunity with their answers. Today, together, we will unlock our vault and share with you all that it contains. Within it is our journey, one that's taking us to all four corners of the globe. Our energy storage technology is making clean power flourish, transforming it from a minor contributor to a major element of power grids, reliably powering homes, offices, businesses, communities in a way that's unique, safe, sustainable, and indigenous. What others see as the future, we're making happen right now, delivering projects that can be seen in real time, building infrastructure, and licensing our technology around the world. Within our vault is our hardware, with its short, long, and ultra-long duration capabilities, as well as our cutting-edge hybrid-enabled software that can seamlessly orchestrate and optimize the most ambitious operational needs. our unparalleled expertise is in the vault too with our dedicated global r d and engineering teams always looking to the future addressing the big challenges and answering our toughest questions ones that affect us all today and for generations to come our journey is only just beginning already it's accelerating the momentum of clean power is unstoppable And our storage is the essential driver for it happening better, faster, and quicker than anyone thought possible. We're in the right place at the right time. And we've opened the vault. Take a look and see what's inside.
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