$CYBL Digital Automation Solution, LLC
On February 3, 2022, Cyberlux Corporation announced the Company acquired 100% of Digital Automated Solution, LLC in
a transaction comprised of both investment capital and a three year earn-out of shares of common stock with an expected
value between $0.09 and $0.29, with the cash component being paid out over a two-year investment cycle, including certain
equity incentives for continued revenue growth levels, technology and intellectual property development milestones, global
customer acquisition objectives and global solution implementation milestones. DAS brings to Cyberlux new digital platform
technology, existing customers and incremental revenue, and as a result, the Digital Platform Solutions business unit will
deliver an expected annualized revenue of $17 million USD with an expected growth to over $55 million by 2024. With this
acquisition, Cyberlux is accelerating its software investment strategy as the Company continues to build a higher growth,
more diversified and sustainable business portfolio while focusing on the digital platform offerings with immediate scale and
relevancy in today’s accelerating and evolving digital transformation market. Cyberlux intends to make ongoing strategic
investments in digital technology platform development and working capital investments for further global business solutions
expansion across the Company’s four business units - FlightEye UAS Solutions, Advanced Lighting Solutions, Infrastructure
Technology Solutions and the newly launched Digital Platform Solutions - all driving Cyberlux to be a leading digital
technology growth company.
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