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Batri USA is acquiring and developing advanced battery technologies to offer safe, reliable, and cost-effective solutions for a wide range of industrial applications. Our thin film ultracapacitor battery technology provides superior energy density, fast charging times, and low manufacturing costs. With our innovative approach, we aim to address the limitations of current battery technologies and unlock new commercial opportunities.
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Investor Presentation July 1, 2018
Company Overview Batri USA • Batri USA is a company that is acquiring next generation battery technology for licensing, sale and distribution • We have assembled some of the most promising power storage technologies • The management team is highly qualified to execute on this opportunity and plan • The energy storage market is expected to grow to $100 billion in sales by 2025 The future of power storage requires safe, reliable and cost effective solutions 2
Company Strategy Acquire battery technologies • Earthstar Battery has developed a thin film lithium battery approved for aviation and other applications • DST has developed a non lithium thin film ultracapacitor battery technology • Batri USA is evaluating and looking to acquire other next generation power storage technologies • Batri USA will develop products based on these advanced technologies across a wide range of industrial segments and customers • Batri USA will license, market and sell to industrial, commercial and residential customers This new technology opens up a completely new set of uses and commercial applications not previously considered viable with older technology. 3
New Battery Technology Key Product Features for ultracapacitor • Thin film ultracapacitor • Thermal management and cooling not required • Long battery lifetime of more than 10 years or 25,000 cycles • Fast charge and discharge time • Low weight per power output • Low cost to manufacture • Employs new proprietary technologies in nano material and electrochemistry science with reel to reel manufacturing Safe: No toxic, explosive or combustible materials or poisonous gases New and unique reel to reel print manufacturing process Our new roll to roll printing technology allows us to produce thin film batteries for less than $100/kWh. 4
Product Advantages Benefits • Best in Class energy density by both volume and weight • Lowest weight per kilowatt hour (half the weight to Lithium) • Ultracapacitor for fast charging and discharging • Best in class safety and lowest heat generation • Widest range of environmental and operational conditions • Flexibility to optimize for power and energy needs • Bluetooth ready with built in firmware for smart battery management • Lowest life cycle operating costs • Lowest cost of manufacturing per kW We see near term potential in applications for heavy vehicles and aeronautics where weight and performance provide us an unrivalled advantage. 5
The Problem • Battery size, weight, recharge time, cost and overall performance impede deployment for large vehicles • Wide scale acceptance of electric vehicles has been limited by their power storage, cost and performance • Power grid congestion causes brownouts and blackouts • Grid stabilization is further hampered by renewable energy power plants that have inconsistent or time of day power issues Current battery technology limits it commercial applications 6
The Problem • Electric car “Range Anxiety” is caused by batteries with suboptimal performance for electric vehicles • Electric car batteries are - Large and heavy - Limited energy storage - Long recharge times - Expensive • Current battery technology limits its commercial applications because of its size, weight, cycle recharge lifetimes and recharging time • Batteries with higher power to weight ratios, fast recharge times and long cycle lifetimes opens up the world of new uses and applications A next generation battery with superior performance and low cost will expand the range of industrial applications. 7
The Challenge • To find an industrial scale battery with superior performance and operational characteristics that covers a wide range of commercial applications currently not found with a single battery technology • Current batteries have limited commercial or industrial applications due to its cost, size, weight or operational constraints • Most batteries require long recharging times • Some battery technologies have low recharging cycle lifetimes which can limit the type of commercial applications and increase costs • Batteries with large energy storage capacities are often large and heavy which limit commercial applications • Batteries are manufactured with materials that can be toxic, are a safety or an environmental hazard Our products have size, weight and charging characteristics that competitors cannot match which enables us to address new and untouched markets. 8
The Solution Energy storage was too expensive until now • A single battery technology with a wider range of commercial applications than competing batteries because it has • Higher energy storage to weight and volume ratios • Higher cycle lifetimes than competing lithium ion battery technologies • Faster charging times • Commercial applications • Distributed energy • Utility scale peak power deployment • Renewable energy grid stabilization • Peak power shaving • Emergency backup power • Electric vehicle • Automobile • Trucks • Buses • Residential power solutions This new technology opens up a completely new set of uses and commercial applications not previously considered viable with older technology. 9
Target Market Segments • The target market for the 10-100 kWh battery includes the following industry sectors and uses: • Utilities • Grid stabilization • Grid scale energy storage • Surplus energy sales • Distributed energy providers • Peak power shaving • Time of use arbitrage • Net metering • Telecom and network providers • Prime power backup • Electric vehicle manufacturers • Energy storage Batri has targeted industrial market segments with strong growth opportunities 10
Multi- Billion Dollar Market Closing “Storage of electricity in large quantities is reaching an inflection point (sub $200/KWh), poised to give a big boost to renewables, to disrupt business models across the electrical industry, and to tap into a market that will eventually top many of tens of billions of dollars per year, and trillions of dollars cumulatively over the coming decades.“ - Famous Tech and Energy Author, - Ramez Naam (Our technology surpasses the $200/kWh milestone TODAY!) Growing demand, climbing prices and declining costs have created a “tipping point” for distributed generation and renewable power in Canada and the US. 11
Opportunities & Solutions The Solutions (Comparative Breakdown) Energy storage was too expensive until now • Provide an opportunity to buy power at lower rates to eliminate the excess costs associated with peak periods (peak shaving) and sell back into the grid at the higher rates (peak selling). • Reduction of power line requirements. • Making renewable energy solutions reliable and affordable. • Peak selling is a new opportunity for renewable sources. • Making distributed power generation an affordable solution. • Solutions that can make electricity an option where diesel, natural gas, or coal are the only current options. • Our platform charges 5 X faster than lithium enabling large scale electric vehicles. • Our batteries are now less expensive than back up generators. • Lightweight and variable charge/discharge batteries provide opportunities previously unavailable in the aeronautics industries. Energy storage reduces peak load and eliminates the utilities need to increase trunk line capacity while also resolving transmission bottlenecks. 12
Market Demand Energy Storage • The market for industrial batteries will be a $100 Billion market by 2025 • Market demand will see exponential growth • Electric vehicles will capture the 80% of the energy storage market • Energy storage for utilities and renewable energy has year over year growth • Market growth driven by • Improved battery performance • Higher energy vs. size and weight • Lower costs Batri has targeted industrial market segments with strong growth opportunities 13
Current Sales Pipeline * Based on a simple average $150 per kWh gross profit We expect our sales pipeline to grow to in excess of $500M in 6-12 months. 14
Target Customers • The target market for the 10-100 kWh battery includes the following industry sectors and uses: • Boeing (existing) currently placed in commercial aircraft • Mercedes Benz • BMW • TATA • PACCAR • DeWalt • Telecom companies (AT&T, Verizon, CenturyLink) • Utility companies • Alternative and distributed energy Batri has targeted industrial market segments with strong growth opportunities 15
Lowest Cost for High Energy Solutions 16 Market potential is high for the right product at the right price
Product Development Timelines A superior strategy generating cash flow by selling an existing thin film lithium battery while developing the next generation game changing thin film battery 17
Strategic Partnerships • Earthstar • Manufacturer of thin film lithium and high power vanadium batteries • Current sales to Boeing and to BC Hydro • Altastream • Supplier of prime power systems and power control systems • Licensee of 1-9 kWh DST battery • DST • Inventor of thin film printed circuit technology • Batteries, solar cells and video technology • Licensing agreement with Batri USA for 10 kWh – 100 kWh batteries Batri has strong industrial and commercial partnerships offering strategic sales and future cash flows. 18
Financial Highlights A complete set of financials including balance sheet, cash flow projections and income statements will be provided under an NDA upon request . 19
The Management Team Bill Ingalsbe, CEO Bill is a seasoned C-Level executive with over 20 years of leadership experience starting and building businesses domestically and internationally. He has a proven track record of success in engineering, developing and operating complex technical systems and facilities. Bill has been the CTO and COO for two mid-sized European companies where he was responsible for all aspects technical development and operations. Previously, Bill worked for Incepta Ventures a venture capital company as a technical and operations Vice President. Laurance Ranta, COO Mr. Ranta is a senior executive with 36 years of extensive leadership experience and P&L responsibilities. He has served business, government, and industry in operations, strategic planning, and business development domestically and internationally. He has a comprehensive background assisting organizations as a business startup specialist, operations and in complex turnaround assignments. Mr. Ranta is a global thinker, skilled recruiter and a seasoned fundraiser. His accomplishments emphasize a rare combination of visionary analytical skills and a reputation as a dynamic consensus builder moving projects forward in challenging environments. Daniel C. Goldman, CFO Daniel Goldman brings 33 years of experience managing, operating and strategic consulting to businesses. Recently he was CFO, Director and Officer of Ignition Technologies, Inc. a mobile game development Company. He was CFO, Founder of Executive Wireless, Inc. a mobile data provider to the real estate industry. Mr. Goldman was an initial founder and CFO of Can Am International Investment Corp, and Premium Cigars International, Inc. where he assisted in taking the Company public. Experienced management team well versed in early stage companies 20
The Management Team Mark Rattee, VP Business Development Mark has extensive experience and was involved in the management of investment capital for many years. His extensive sales experience spans a range of technology and finance sectors in the U.S. and Canada where he successfully negotiated multiple commercial agreements. Robert Findlay, VP Sales Robert has a strong mining and geotechnical background and he has acted as a director for several public mining companies. He has been a senior regional sales manager for Atlas Copco for over 10 years with expertise and a circle of influence in the heavy machinery market. His recent ventures have been associated with power generation and the energy sector in North and West Africa. He is currently involved with energy projects and financing derived from the UAE and Middle east. Jim Stanley, Senior Advisor Mr. Stanley is an accomplished corporate finance professional with diverse experience and a strong background in corporate start up, development and growth. Mr. Stanley began his career in finance as the chief operating officer and founder for Premium Cigars International where as part of the management team he completed a NASDAQ IPO in 1997. Mr. Stanley held several senior level positions including President and General Manager of the Canadian Subsidiary. In 2003 Mr. Stanley joined the Brokerage Industry with Brookstreet Securities as Syndicate Manager and Corporate Finance Analyst, in this position he managed the syndication of more than$100,000,000 in equity IPO’s and more than $150,000,000 in direct placements with private and public company’s including two additional NASDAQ listings. Experienced management team at starting and growing early stage technology companies 21
Use of Funds • Batri requires $5.0 million in funding • $1.0 million - Acquire licensing rights from DST for the 10 – 100 KWh battery • $2.0 million in acquisitions • Earthstar Battery Division – share of the Earthstar battery division • Thin film lithium ion product • Vanadium battery used for utility and distributed energy • Two key management positions CEO and CFO • $2.0 million for business development, marketing and sales expenses Early acquisition of small niche technology company to secure early cash flow and limit risk 22
Contacts: Bill Ingalsbe CEO bill.Ingalsbe@outlook.com m.206.229.6732 Dan Goldman CFO dan@dcgoldman.com m.206.310.8633 Making Energy Great Again