ba investor presentation - ilo exchange · 2019-02-19 · - famous tech and energy author, - ramez...
TRANSCRIPT
Investor Presentation
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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
Company Overview
The future of power storage requires safe, reliable and cost effectivesolutions
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Acquire battery technologies
▪ Next generation lithium battery technology
▪ A non lithium ultracapacitor battery technology
▪ Batri USA is evaluating and looking to acquire other nextgeneration batteries and power storage technologies
▪ Batri USA will develop products based on these advancedtechnologies across a wide range of industrial segments andcustomers
▪ Batri USA will license, market and sell to industrial, commercialand residential customers
These new technologies open up a completely new set of uses and commercialapplications not previously considered viable with older technology.
Ba r Company Strategy
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New and unique manufacturing processes and technologies
Safe: No toxic, explosive or combustible materials or poisonous gases
Key Product Features for a next generation battery
▪ Fast charge and discharge time
▪ Low weight per power output
▪ High power output to volume
▪ Thermal management and cooling not required
▪ Long battery lifetime of more than 10,000 cycles
▪ Low cost to manufacture
▪ Employs new proprietary technologies in nano material and electrochemistry science with advanced manufacturing processes
▪ Reduced cost of ownership
New Battery Technologies
New manufacturing processes result in low production costs that willdisrupt the current battery market.
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Benefits
▪ Best in Class energy density by both volume and weight
▪ Lowest weight per kilowatt hour (half the weight to Lithium)
▪ 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 aeronauticswhere weight and performance provide us an unrivalled advantage.
Product AdvantagesBa r
Ba r 6Current battery technology limits it commercial applications
The ProblemBa r
• 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
Ba r 7A next generation battery with superior performance and low cost will expandthe range of industrial applications.
The ProblemBa r
• 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
Ba r 8Our products have size, weight and charging characteristics that competitorscannot match which enables us to address new and untouched markets.
▪ To find an industrial scale battery with superior performance andoperational characteristics that covers a wide range of commercialapplications currently not found with a single battery technology
▪ Current batteries have limited commercial or industrial applications due toits cost, size, weight or operational constraints
▪ Most batteries require long recharging times
▪ Some battery technologies have low recharging cycle lifetimes which canlimit the type of commercial applications and increase costs
▪ Batteries with large energy storage capacities are often large and heavywhich limit commercial applications
▪ Batteries are manufactured with materials that can be toxic, are a safety oran environmental hazard
The ChallengeBa r
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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 commercialapplications not previously considered viable with older technology.
Ba r The Solution
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Target Market Segments
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▪ The target market for the 1 - 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 growthopportunities
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Ba r 11Growing demand, climbing prices and declining costs have created a “tipping point” for distributed generation and renewable power in Canada and the US.
“Storage of electricity in large quantities is reaching an inflection point (sub $200/KWh), poised to give a big boostto renewables, to disrupt business models across the electrical industry, and to tap into a market that will eventuallytop 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!)
ClosingMulti- Billion Dollar MarketBa r
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The Solutions (Comparative Breakdown)
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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 wherediesel, natural gas, or coal are the only current options.
▪ Our platform charges 5 X faster than lithium enablinglarge scale electric vehicles.
▪ Our batteries are now less expensive than back upgenerators.
▪ Lightweight and variable charge/discharge batteriesprovide opportunities previously unavailable in theaeronautics industries.
Energy storage reduces peak load and eliminates the utilities need to increasetrunk line capacity while also resolving transmission bottlenecks.
Opportunities & SolutionsBa r
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Market Demand Energy Storage
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▪ 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 growthopportunities
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Target Customers
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▪ The target market for the 1-100 kWh battery includes the following industry sectors and uses:▪ Aviation companies currently placed in commercial aircraft
▪ Transportation companies ▪ Automobile
▪ Trucking
▪ Buses
▪ Boats
▪ Telecom and data networking companies▪ Mobile, landline, cable TV and data centers
▪ Utility companies – power generation and transportation
▪ Distributed energy and alternative energy companies
Batri has targeted industrial market segments with strong growthopportunities
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Lowest Cost for High Energy Solutions
15 Market potential is high for the right product at the right price
Them Vs. Us
Lead acid Nickel Cadmium
Lithium Nickel Metal
Hydride
Lithium Graphite
/NMC
Next Generation
Battery
Energy Density Wh/kg
40 45 -60 80 120-200 300
Cycles (lifespan)
200-300 1,000-1,500 300-500 500-3,000 10,000
Charge power ★ ★★★ ★★★ ★★★ ★★★★★
Discharge power
★★★ ★★★ ★★★★ ★★★★ ★★★★★
Energy efficiency
★ ★★★ ★★★ ★★★★★ ★★★★★
Price $300/kWh $400/kWh $500/kWh $300/kWh $150/kWh
Ba r Competing Technologies Batri USA
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Product Development Timelines
16A superior strategy generating cash flow by selling a next lithium battery whiledeveloping the next generation game changing thin film battery
Ba r Battery Type 3
Months6
Months9
Months12
Months15
Months18
Months21
Months24
Months
Next Generation Lithium
Prime Power Utility
Backup Power
Electric Vehicle
Residential Power
Thin Film Ultracapacitor
Prime Power Utility
Backup Power
Electric Vehicle
Residential Power
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Financial Highlights
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A complete set of financials including balance sheet, cash flow projections andincome statements will be provided under an NDA upon request .
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Year 1 Year 2 Year 3 Year 4 Year 5
Total # of Distributor 6 42 76 132 192
Total # Projects 44 60 120 240 300
Revenue Batri 10kw 217,800 3,315,600 5,313,600 9,309,600 15,195,600
Revenue 100kw $494,000 $15,390,000 $46,683,000 $60,078,000 $73,758,000
Royalty & ILO Income $5,865,000 $4,050,000 $12,235,000 $15,810,000 $19,410,000
Total Sales 6,576,800 22,755,600 64,231,600 85,197,600 108,363,600
Growth Rate N/A 174% 52% 72% 34%
Cost of Goods Sold $381,000 $9,942,000 $27,422,000 $56,892,000 $47,262,000
Gross Revenues $6,195,800 12,813,600 36,809,600 28,305,600 61,101,600
Gross Margin 94% 56% 57% 33% 56%
Operating Costs
General & Administrative $610,900 $2,366,533 $3,451,573 $3,695,221 $4,024,953
Marketing & Sales $77,934 $313,500 $540,500 $646,755 $765,625
Total Operating Costs $688,834 $2,680,033 $3,992,073 $4,341,976 $4,790,578
Pretax Income $5,506,966 $10,133,567 $32,817,527 $23,963,624 $56,311,022
Cumulative Income Tax Shield $0 $1,076 $0 $0 $0
Income Tax Expense (25% to 35%) $1,376,742 $2,533,392 $8,204,382 $5,990,906 $14,077,755
Net Margin 24% 48% 57% 72% 76%
Net Income (Loss) $4,130,225 $7,600,175 $24,613,145 $17,972,718 $42,233,266
5-Yr. Income Statement Projections
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The Management Team
18Experienced management team well versed in early stage companies
Ba r 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.
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.
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The Management Team
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Experienced management team at starting and growing early stagetechnology companies
Ba r 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.
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Use of Funds
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Acquire licenses for different technologies and from several companies.
Ba r • Batri requires $5.0 million in funding
• $3.0 million - Acquire licensing rights for 1 – 100 KWh batteries
• $2.0 million for business development, marketing and sales expenses
