Cyberlux Corporation Issues Monthly Recap with Key Accomplishments for the Month of November 2021 - Seite 2

1. 613% increase in Q3 vs. Q2 Revenue, $2.251M vs. $367K.
2. 50.1% increase in Q3 Revenue vs. June Q3 estimates, $2.251M vs. $1.5M.
3. Net Income of $155K for Q3 which was 252% Year over Year.
4. YTD Net Income of $543K which was 289% Year over Year.

We have made significant progress during November in the Advanced Lighting Solutions (ALS), the FlightEye UAS and the Infrastructure Technology Solutions (ITS) business units.

• For the ALS and FlightEye business units, we had a very successful field exercise on November 17-18, with significant DoD opportunities, both public and private. We have new customers and non-US defense customers to help drive our 2022 growth. We expect to share public details later in December.
• For the ITS business unit, we had two days of execution planning in our Miami office as part of the infrastructure spending bill, and we are in very competitive pursuit of $47M in rural broadband infrastructure across six states, most likely in the role of subcontractor utilizing our core expertise from the FBD Group acquisition. We are also driving proposals with ten municipal government opportunities. Our ITS group is also expanding in further in Europe as well. We expect to share public details later in December.

We met with potential investment banking partners in NYC and have the foundation for our plans going forward including several uplisting strategy proposals. We expect to finalize in early Q1 2022.

Last, and perhaps most importantly, we made strides with our fundamental strategic IP development. We expect to release some next level information before year-end.

We had a great November and Q4 is on track to be our best ever. As planned, we had growth from acquisitions and from the large markets we are addressing, and we even exceeded our revised November outlook by 37%. I want to thank the CYBL team for their ongoing 24/7 dedication to grow our business, including the third consecutive month of exceeding our revenue expectations, this month with $1.51M. We are fundamentally advancing the Cyberlux company in all four of our business units, including the new pivotal asset acquisition of the 30 hectares of the solar power generation, among the many other accomplishments across the organization. We have one of the best IR teams and I appreciate their constant engagement to provide our shareholders with the best investor relations support possible. The growth we are having is what harnessing the future truly means!"